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Medical OEMs Turn to Contract Manufacturing for Cost-Effective Production

March 11, 2014 By PR Newswire

Medical devices – including orthopedic implants – continue to be a key point of innovation and growth in healthcare. As this trend continues, the demand for efficient, nimble contract manufacturing will increase.  To meet growing demand, contract manufacturer Micron Products, Inc., a wholly-owned subsidiary of Arrhythmia Research Technologies, Inc., has created an integrated system for orthopedic implant manufacturing that not only leads to further innovation, but also reduces time to market, cuts costs and eliminates supply chain breaks.

“Medical device manufacturers, large and small, benefit from outsourcing,” said Salvatore Emma, Jr., president and CEO of Micron Products. “With Micron’s systems, technologies and expertise, it doesn’t matter whether we’re making 10,000 pieces or just a single one-off customized to match a patient’s specific anatomy – we can streamline manufacturing for cost effectiveness and speed. That’s what OEMs want; that’s what patients need.” 

As healthcare cost containment and increased burden of regulation drive increased margin pressure for OEMs, Micron is well poised to provide fast, efficient manufacturing through its unique capabilities and scale.  Providing a range of production services, capabilities and expertise under one roof also simplifies the supply chain to just one link.

Unlike most other medical implant manufacturers, Micron provides OEMs a unique blend of tooling capabilities, coupled with design, engineering and manufacturing expertise, offering integrated manufacturing capabilities that that would otherwise be prohibitively costly – or simply outside of the core competencies – of most OEMs.

Micron is exhibiting in Booth 1358 at the AAOS Annual Meeting, March 12-14, 2014, at the Morial Convention Center in New Orleans, providing on-the-spot analyses to evaluate attendees’ current implant process development.

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
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    • Digital Editions
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  • 2022 Leadership in MedTech
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