While many Companies have looked for alternatives to China in the wake of the trade war, China remain one of the world largest manufacturing of medical devices. Although a majority of American contract manufacturing does have subsidiaries in China and Mexico, we’ve seen more and more Companies moving to India allowing them not only to respond to the new sales regulation in India but providing advantages for the Asian and EMEA markets.
If your primary market is in America more and more Mexican Companies are offering contract manufacturing but also helping in R&D, prototyping, testing and small batch production.
With post-covid and the actual economic situation we can’t measure yet the impact on hospital budget, but it seems that price will take a major portion of the value proposition. It is time to look at your manufacturing options!