4 Current Trends for Full-Service Medical Contract Manufacturers

An ongoing trend in the world of contract manufacturing is the rise of the “full-service” contract manufacturer (CM): a CM that vertically integrates what used to be several activities spread along a typical supply chain. By turning to full-service medical contract manufacturers, OEM’s can achieve vendor consolidation and reap its many resultant benefits: transportation and supply cost savings, in addition to supply chains that are more responsive to changing business demands, are simpler to manage, and help reduce risks involved with too many vendors.

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What Exactly Does a Medical Contract Manufacturer Do?

Medical contract manufacturers fill an important niche in the medical device industry and in the general healthcare ecosystem. By outsourcing the production of medical components and even completely assembled devices, OEMs can meet delivery deadlines, reduce costs associated with production overhead, and stay lean and focused on core, value-adding activities like innovation, marketing, and strategy.  Medical contract manufacturers make components for, and even complete assemblies of products for Class I, II, & III medical devices and components.

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