Home » ASIA ALARMING EU MEDICAL DEVICE MAKERS
ASIA ALARMING EU MEDICAL DEVICE MAKERS
Asia is emerging as a hot spot for low-cost medical device manufacturing as
European drug companies pursue outsourcing options or relocate production to
cut costs. This increasing Asian competition is alarming for European medical
device companies that risk losing valuable market share, according to a recent
Frost & Sullivan report. With pharma companies continually searching for
cheaper manufacturing options for medical devices, the trend towards outsourcing
this area of production to Asia is now on the rise, with China and India poised
to take the lions share of new business.
OutsourcingPharma.com
KEYWORDS FDAnews Device Daily Bulletin
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