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How to Evaluate and Select a Medical Equipment Contract ...

Author: Ingrid

Jan. 13, 2025

How to Evaluate and Select a Medical Equipment Contract ...

Globally, the healthcare industry is grappling with finding a balance between demand and expenditures. The Deloitte Global health care outlook reports spending has increased by 5.4% annually since , with roughly the same percentage projected each year through . In U.S. dollars, that&#;s a whopping $7.724 trillion already accrued in expenditures, with an estimated total five-year climb to $10.059 trillion1. 

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Understandably, these figures have medical providers anxious, but the &#;front line&#; personnel aren&#;t the only ones for which there are ramifications. Stakeholders throughout the medical industry are tasked with keeping costs in check, and that includes medical OEMs.

Since outsourcing is a common practice in medical equipment manufacturing, the partnership OEMs forge with specialized contract manufacturers (CMs) must be product-focused and beneficial to the bottom line. With nearly 70 CMs emerging to specifically serve the healthcare industry in recent decades2, there&#;s no shortage of choices for OEMs; the question becomes how to find the medical equipment contract manufacturer that best aligns with the project.

Beyond Price Point

When trillions of dollars are in play, getting hyper-focused on costs &#; more specifically, how to cut them &#; is fairly natural. It can also be a trap for medical OEMs.

While price almost inevitably factors into a decision about outsourcing partnerships to some degree, it cannot be the sole reason you choose a medical equipment contract manufacturer to entrust with your product, reputation, and quite often your company&#;s future.

Instead, take a more holistic, two-pronged approach that involves clearly understanding your project needs and objectively evaluating contract manufacturers.

Define Your Project

Getting clear on what you need and expect from a contract manufacturer starts with understanding your project parameters:

  • Does the equipment have any defining characteristics that require unique skill sets?
  • Is the equipment so narrowly specific that only certain contract manufacturers can be considered for the project?
  • What quality controls, technical processes, etc., are required?
  • What&#;s the anticipated production volume? Short-term? Long-term?
  • What&#;s your project timeline? How flexible or rigid is it?

Assess Your Options

Armed with solid knowledge about your project puts you in a position to best choose a medical contract manufacturer.

There are some that simply won&#;t match the project and can be immediately eliminated; others will be much better fits. Finding the best choice from this pool of potential outsourcing partners requires impartiality. Use this list as a guide in developing your evaluative criteria:

  • Capabilities, including in-depth analysis (e.g., Design for Manufacture and Assembly, Design for Manufacturability)
  • Medical experience and services
  • Expertise in medical regulations and compliance
  • Flexibility in vendor use
  • Certifications, particularly ISO and CCC
  • Advanced equipment and technologies
  • Documented, time- and cost-efficient processes
  • Proven depth and application of team knowledge
  • Capacity and ability to handle low-volume, high-mix production
  • Locations and global accessibility
  • Service-centric culture and commitment to OEM success

At the conclusion of your assessment, there may be several contract manufacturers that rise to the top based on meeting criteria alone. What then?

Knowing where each contender stands on their commitment to driving success through a service-centric approach to medical equipment contract manufacturing is an important differentiator. GMI Solutions was founded on this philosophy, and we&#;re proud of the lasting partnerships we have with world-class medical OEMs. Check out what we offer the healthcare and life sciences industries, and contact us to discuss how we can serve you.

How to Choose the Best Partner for Medical Device ...

Choosing the right partner for medical device manufacturing is crucial to ensure high quality products, regulatory compliance and prompt delivery. With the high precision and accuracy required in the healthcare industry, it&#;s essential to navigate the selection process wisely.

With competitive price and timely delivery, APC Med sincerely hope to be your supplier and partner.

Considerations for Medical Manufacturing Partners

Years of Experience & Industry Expertise

Look for a partner with a proven track record and extensive experience in medical device manufacturing. Assess their expertise in the specific area you require, such as wearables, woundcare, medicated dressings or diagnostics. An experienced partner will be well-versed in industry regulations, quality control systems, and technological advancements, ensuring compliance, optimal product development and validation.

BDK have been converting and combining materials into shapes since the &#;s. Although we work within a number of industries, we are adhesive specialists in the medical industry and partner with some of the leading healthcare organisations.

Consistently Meeting Regulatory Compliance

Ensure that the potential partner adheres to the necessary regulatory standards, such as Medicines and Healthcare Products Regulatory Agency (MHRA). Verify their certifications, licenses, and quality management systems to guarantee compliance with the required guidelines and minimise the risk of regulatory issues.

BDK operates several class 7 (class 10,000) cleanroom manufacturing facilities which are bio-burden controlled and monitored to guarantee compliance with BS EN ISO . We also hold ISO : for the production of medical devices, ISO accreditations and are FDA registered.

Wide Range of Manufacturing Capabilities

Evaluate the partner&#;s manufacturing capabilities and infrastructure. Consider factors like production capacity, facilities, equipment, and scalability. A capable partner should have state-of-the-art facilities, advanced technologies, and a robust supply chain to meet your manufacturing requirements effectively.

From rotary die cutting to perforation and multi-layer lamination, island or component placement to dosing of active ingredients, our capabilities are diverse and encompassing. This is to make sure we can develop a bespoke adhesive solution for every project and meet your specific requirements.

Stringent Quality Control Measures

Quality is of utmost importance in the medical manufacturing industry. Look for a partner with stringent quality control measures in place, including thorough inspections and testing protocols. Ask for their quality control certifications, such as ISO , to ensure consistent production of safe and reliable medical products.

Our robust quality management system has resulted in BDK earning a reputation for outstanding quality. Our team uses CPK studies, Failure Mode Effects Analysis (FMEA), Statistical Process Control (SPC) and process validation to prove consistency of manufacturing processes.

Strong Collaboration & Communication

Effective collaboration and communication are essential for a successful partnership. Assess the partner&#;s ability to understand your specific needs, provide regular updates, and maintain clear lines of communication throughout the manufacturing process. A responsive and transparent partner will address any concerns promptly, allowing for effective problem-solving and timely decision-making.

BDK take pride in our comprehensive project management. We use our extensive experience to guide and advise on the right materials for your product development and undertake multiple testing processes to make sure it fits your specification. Our team are always on-hand to answer any questions and to keep you updated with your project&#;s progress.

BDK: The Best Partner for Medical Manufacturing

Selecting the right partner for medical manufacturing requires all of the factors above. A well-chosen partner will contribute to the success of your medical manufacturing endeavours by providing high-quality products, adhering to regulatory standards, and maintaining effective communication throughout the process.

By following these guidelines, you can confidently choose the best partner to meet your medical manufacturing needs and contribute to the advancement of healthcare.

For more Medical Device Equipment Manufacturersinformation, please contact us. We will provide professional answers.

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