2014-02-19 23:47:01 - Analysis of Global Electronics Manufacturing Services Market Opportunities - a new market research report on companiesandmarkets.com
The medical electronics manufacturing services (EMS) market is benefitting from an increase in original equipment manufacturer (OEM) outsourcing. Increases in electronic content, costs, wireless connectivity, and convergence have encouraged OEMs to view EMS providers as strategic partners.This research service discusses the trends for growth, challenges, services, and products. Analyses are included for forecasts, geography, the competitive environment, and vertical markets. Product segments include: cardiovascular; imaging; patient monitoring; endoscopes; audiology and hearing; and respiratory and anesthetics. North America, Europe, Asia-Pacific, and Rest of World are the regions. The base year is 2012, and forecasts are provided to 2019.Executive SummaryThe increase in electronic content within the medical industry has been a crucial driver for the growth in electronics manufacturing services (EMS).The EMS
medical market generated revenue of $ million in 2012. The market is expected to have an percent compound annual growth rate (CAGR) and $xmillion in revenue in 2019.The primary drivers for original equipment manufacturer (OEM) outsourcing include increasing cost pressures and the need to generate profits in a low- to medium-volume manufacturing environment.The US Affordable Care Act and the 2013 excise tax are expected to further exacerbate cost pressures for OEMs in North America and encourage more OEM outsourcing in the region.In addition, EMS providers have the advantage of being able to leverage electronics expertise from different verticals. They are in a position to transfer best practices and elevate OEM competitive positioning in the medical industry.EMS providers will also benefit from burgeoning opportunities to get involved in the early design stage of devices.OEMs will also continue to seek EMS support to streamline supply chain costs and leverage their global footprint.
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