The U.S. Medical Sector Contract Electronics Manufacturing Market has been evaluated as a growing market and it is expected that the market will touch middle single digit growth figures in future. The U.S. medical sector contract electronics manufacturing market is expected to grow with CAGR of ~8.8% during the forecast period.
U.S. Medical Sector Contract Electronic Manufacturing Market – Highlights
The U.S. medical sector contract electronic manufacturing market is expected to grow at CAGR 8.8%. The various factors that drive the growth of the market include economics of production and trade, economies of scale, and various others. However technological advancements such as growing power of processing, substitution of 2D with 3D and even 4D to enable greater resolution and real time images in high-clarity ultrasonography is the most critical driving factor.
The advent of positron emission tomography (PET) is expected to revolutionize as it enables the study of metabolic processes in the body. There also is an increasing trend to incorporate analytics in the medical electronics devices which we believe will lead to a matrix of connected healthcare delivery. However there are few factors that hamper the market that include high cost of labour, issues of standardization and interoperability and others.
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Original design manufacturing services is the most lucrative segment which offers advantages such as rise in total ownership of the final product, maintenance and future development of in-house skills and technology etc. Outsourced design manufacturing (ODM) would be the next logical step for any medical sector contract electronic manufacturer.
Top Key Players of U.S. Medical Sector Contract Electronic Manufacturing Market:
Benchmark Electronics, Inc., Flex Ltd. Celestica Inc., Jabil Circuit Inc., Sanmina Corporation, Nortech Systems, Inc., TE Connectivity Corporation, Forefront Medical Technologies and others.
U.S. Medical Sector Contract Electronic Manufacturing Market – Regional Analysis
U.S. market for medical sector contract electronic manufacturing is divided between its regions such as south, west, north east and mid-west. The south region dominate the U.S. followed by and northeast. The various regions have different capabilities in the manufacture as well as demand of medical sector electronics.
Medical sector contract electronic manufacturing companies are concentrated in regions having support of other high tech industries, such as microelectronics and biotechnology. The U.S. medical sector contract electronics sector is highly fragmented with approximately 75% of companies in the United States consist of fewer than 50 employees, and many especially start-up companies operates in niche market.
U.S. Medical Sector Contract Electronic Manufacturing Market – Segmentation
U.S. medical sector contract electronic manufacturing market has been segmented on the basis of industry subsectors which comprises surgical appliances and medical instruments, electro-medical apparatus, diagnostics, irradiation apparatuses, dental equipment and supplies.
On the basis of contract service type the market comprises of super electronic manufacturing services, original design manufacturing services.
On the basis of end user; market is segmented into hospitals & clinics, diagnostic centers, academic & research institutes.
Some of Major Table of Contents for U.S. Medical Sector Contract Electronic Manufacturing Market Research Report- Forecast to 2022
1 REPORT PROLOGUE
2.1 Scope of Study
2.2 Research Objective
2.3 Assumptions & Limitations
2.4 Market Structure
3 RESEARCH METHODOLOGY
3.1 Primary Research
3.2 Secondary Research
4 MARKET DYNAMICS
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