"Outsourcing" business is expected to continue to grow
Asia is not only a rapidly developing medical device market, but also an important base for outsourcing production of medical device manufacturers in Europe and the United States. This is because labor costs in China, India, and some Southeast Asian countries are much lower than those in Europe and the United States, and the labor skill level is higher. At present, large companies such as GE, Siemens, and IBM have set up production lines in Asian countries such as China and India, directly producing products in these Asian countries and selling them on the Asian market, saving on production costs and transportation costs. Another factor that European and American manufacturers are considering setting up an outsourcing production base in Asia is that countries such as China and India have successively passed laws and regulations on the protection of intellectual property rights. This paves the way for Western medical device manufacturers' products to “move eastward”; China, India and other Asian countries The country has already begun to adopt the ISO medical device production management methods. Therefore, the high-quality medical device products commissioned in the aforementioned Asian countries can smoothly enter the international market.
According to the latest report from foreign media, the "outsourced production" of medical device products in the United States last year accounted for 9% of the country's total output value of the medical device industry (about 90 billion U.S. dollars), or 8.1 billion U.S. dollars. This is a big number. U.S. medical device companies have allocated 4% of “outsourcing” projects to Latin American countries, mainly Mexico, while other projects have been allocated to Asian countries. With the expansion of American manufacturers' production scale in Asia, in the next few years, the United States medical device manufacturers may shift the production of precision medical device products to Asian countries. (China Pharmaceutical News)
Company Name:Vega Medical Equipment(Shanghai)
Contact: Laura duan
Company Add:Room 512, Lvdifangzhou Building, No. 258, North Of Yunhe Road, Fengxian District, Shanghai, China (Mainland)
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