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Contract Manufacturing: A Competitive Advantage to Your Business

Posted in News & Updates

The creative process of designing, developing and manufacturing a medical device from idea to market can often times be a difficult process. Depending on your specialty, level of expertise, resources and budget, the thought of developing your own product from start to finish may quickly become a tedious task. However, many companies have turned to contract manufacturing to relieve these burdens and create a new service or product .
Contract manufacturing, also known as outsourcing, consists of a third-party or vendor that manufactures a product or service for a particular company. In the medical device industry, this often times will consist of the design, engineering component, fabrication and assembly. The company may choose to have the vendor manufacture a small part of the product/device or may decide to outsource the complete assembly. Either way, contract manufacturers aid in the process of moving a product or service from idea to market and will provide your company with a competitive advantage. Here are a few reasons why:

1. Cost-Effective

Outsourcing your product to another company will allow you to be more efficient and significantly reduce costs. Specifically, relieving you of the costs of labor, training, necessary equipment, space to manufacture and other important resources will let your company allocate these funds elsewhere and focus on the more important things; like saving lives.

2. Quality Compliance

Successful medical device contract manufacturers must follow strict protocol and guidelines when meeting quality criteria. They must commit to providing reliable products that are compliant with FDA and ISO certifications. Therefore, you can trust that the manufacturer is creating a quality product in a clean and safe environment that will meet customer and regulatory requirements.

3.Expertise

Contract manufacturers are going to have the knowledge and the passion to manufacture the perfect device. Not only will they know which material will be the most efficient, but the manufacturer will also be able to produce the product at a faster rate due to their level of expertise and will also reduce the amount of time it takes for the product to actually hit the market.

It is evident that contract manufacturing can be very advantageous to the consumer. With the right credentials, expertise and price, contract manufacturing may be the competitive advantage your company needs. Whether it is a small component or a custom design, leave it up to the outsourcing specialists to create the perfect product for you.

Leave it to the Experts

Via Biomedical is a global leader in custom medical device design. With over 200 years of experience in manufacturing, development and design, prototyping and custom equipment, they are here to make your ideas a reality. Specializing in custom catheter design, Via Biomedical has helped customers create state-of-the-art catheters that are created on time, on budget and have exceeded customer’s expectations. Not only do we create custom catheter’s, but also support medical balloon design, braiding and produce custom medical devices. The possibilities are endless and ultimately lie within the beholder, contact via biomedical to find out how we can help you today.

 

Email viasales@viabiomedical.com or visit our website at www.viabiomedical.com to learn more.