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Article: Can history repeat itself? The case for the "virtual" medical device OEM.(FEATURE: "Virtual" Medical Device OEM)(Company overview)
- Article from:
- Medical Product Outsourcing
- Article date:
- November 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Although the modern high-tech industry is less than 50 years old, patterns already have emerged that present key inflection points to accelerate innovation and expand markets. These patterns offer a brief history lesson that can serve medical device OEMs well.
Consider, for example, the semiconductor industry's evolution into a "fabless" ecosystem, and what is today a high-velocity, highly innovative business. Similar to the recent trajectory of the medical manufacturing industry, the semiconductor market experienced rapid growth over the past few decades driven by leaps in innovation. To meet demand for specialized application devices, semiconductor firms ...