The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from ...

ProMed, a leading contract manufacturer specializing in medical-grade silicone and plastic components, provides comprehensive support for medical device, pharmaceutical, and combination drug-device ...

Q. How would you define contract manufacturing? A. Contract manufacturing is an outsourcing of certain production activities that were previously performed by the manufacturer to a third-party. A ...

The monitoring and reporting demands on medical device manufacturing are already massive but managing them for multiple companies at once, as a contract manufacturer, adds even greater complexity.

Although companies in many industries rely on contract manufacturing to some extent, few are using it to create genuine competitive advantage. Apple and Amazon employ contract manufacturing to great ...

There were a lot of changes in 2024 for the medical device industry. The world was just getting comfortable moving beyond a pandemic-mindset. Deal activity began to return and FDA tightened its ...

The pharmaceutical industry is undergoing a profound transformation, driven by the increasing complexity of drug development and the need for greater efficiency and cost-effectiveness. At the heart of ...

ELIS Manufacturing and Packaging Solutions Inc. announced continued investment in and refinement of its stick pack manufacturing and packaging capabilities, reinforcing the company’s role in ...

The cabinet on Wednesday permitted 100% foreign direct investment (FDI) in contract manufacturing through the automatic route, in a big push to the Make in India initiative at a time when US President ...

Manufacturing can be extremely costly. Companies must purchase land and erect buildings or purchase an existing manufacturing facility and customize it to their needs. They must order and install ...