As the industry suffers from
uncertainty pressures, the trend to remain competitive is turning to outsource.
A Study surveyed MD+DI’s readership about outsourcing in the medical device
sector ranked a list of concerning issues for the next 5 years. Regulatory
hurdles, intellectual property, R&D and device tax were the most
mentioned.
The majority of the respondents
agreed that outsourcing is an answer to save costs and time. For the next five
years, most of them are looking for increasing the numbers of contract service.
Besides manufacturing service, companies are interested in legal and regulatory
services as well as R&D and design capabilities.
US-based service providers are the
most common when outsourcing a project, however Russia and Latin America are
the regions that the respondents most expect to expand outsourcing activity in
the coming years.
Biokyra Pesquisa e Desenvolvimento is a Brazilian medical device company that may
become one of the providers to the US industry when it decides to expand its
contract service to Latin America.
References:
http://www.mddionline.com/article/5-years-medtech-firms-will-outsource-design-legal-and-regulatory-services-over-manufacturing
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