The medical equipment manufacturing industry is a vast and diverse industry. The products are used by healthcare professionals worldwide. Orthopedic, surgical, and prosthetic appliances manufacturers account for a substantial percentage of the market and employ over 300,000 people. In 2016, these industries generated over $92 billion in revenue and employed nearly 300,000 people. According to a 2014 report, this market will grow to more than $135 billion by 2024.
Many companies are involved in the manufacture of different kinds of medical equipment. In Germany, a number of companies are involved in the production of breathing and protection equipment. Others manufacture analysis systems and noninvasive patient monitoring technologies. These companies are represented worldwide and have subsidiaries in over 50 countries. Aside from manufacturing medical devices, they also offer after-sales technical support and customer service. To learn more about these companies, visit the following websites. These sites will help you choose the best medical equipment manufacturer for your needs.
A company with a history of medical innovation is Becton, Dickinson & Co. Based in Franklin Lakes, New Jersey, the company has developed many innovative medical devices. The company is divided into two separate business segments. BD Medical produces diabetes care products like insulin pumps and pre-fillable drug delivery systems. BD Life Sciences produces complex analytical instruments such as spectrophotometers. While some manufacturers focus on just one type of medical equipment, some specialize in a specific field.
One of the largest and most successful medical equipment manufacturers today is Draegerwerk AG & CO KGAA. The company produces protection and breathing equipment, as well as systems for gas analysis and non-invasive patient monitoring. Their products are sold worldwide and are available in over 100 countries. The company employs more than 7,000 people, and is one of the most diverse and innovative companies in the medical device industry. It is represented in more than 50 countries.
Sterilmed was incorporated on June 25, 1943. It manufactures and supplies single-use medical devices. In its various segments, it focuses on diagnostic and therapeutic products, and provides research and development services. Founded in 1943, this company is one of the largest in the US. Among its most prominent competitors are B Braun, EssilorLuxottica, and Smith & Nephew. Its global market includes over 10,000 establishments and generates approximately 90 billion dollars in annual revenue.
Utah Medical Products Inc. was incorporated on April 21, 1978. The company manufactures and sells disposable medical devices for hospital use. The company’s product categories include obstetrics, gynecology, neonatal intensive care, and labor and delivery. Its devices are sold to hospitals and other healthcare facilities, and direct sales representatives. The companies also have an impressive global presence, with offices in the United States, Europe, and North America.
In addition to producing the most durable and effective medical devices, OEMs also invest in product innovation. As a result, they can benefit both medical equipment distributors and suppliers. OEMs can create more products and services, enabling them to lower their costs and increase profits. However, it is essential to research and development before partnering with an OEM. The industry is a highly competitive and dynamic sector. In addition to developing new products, manufacturers can enhance existing technologies and maintain their market share in the medical device industry.
The medical device industry has an excellent reputation for innovation. As a result, most medical equipment OEMs invest a significant portion of their revenues in developing new products. This is a good sign for the industry, since the medical device industry is a highly competitive industry that demands constant improvement. In addition to product innovation, it is important to choose an OEM that offers a broad range of products. In other words, OEMs produce the same medical equipment as other companies.
Besides developing and manufacturing medical devices, OEMs also provide a large variety of services. They develop and market a variety of products that serve different healthcare needs. For example, they make contact lenses and custom infusion sets. They also manufacture a wide variety of products for the medical equipment industry. The medical equipment industry is also a highly competitive industry, as manufacturers must constantly update their product lines to stay ahead of competition. In this respect, OEMs are a great choice for both distributors and suppliers.