Shortages are stressing electronics manufacturing providers, but a number of positive aspects keep driving the sector forward.
Mark Crawford, Contributing Editor02.03.23
Electronic manufacturing services (EMS) are a robust segment of the medical device industry. According to MarketsandMarkets,
global EMS in the medical/healthcare field is expected to grow at a compound annual growth rate of over 6.9% through 2026, thanks largely to the demand for portable medical devices and wearable electronics.¹ Other drivers are advances in sensors and digital technologies, especially the use of artificial intelligence (AI). This surge in production also reflects that an increasing number of EMS firms are evolving from providing just manufacturing capabilities to offering end-to-end services through vertical integration, which supports the entire lifecycle of products and shortens the supply chain (and adds relief) for their medical device clients.
Innovation is on the rise, with medical device manufacturers (MDMs) presenting highly complex designs for medical devices and diagnostics to their contract EMS providers. These include wide-ranging electro
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