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The last several years have caused a need to reevaluate supply partnerships and determine if new service providers should be brought in.
Released By BMP Medical
May 1, 2024
By Sean Fenske, Editor-in-Chief The pandemic generated drivers of change that will have long-lasting effects on the medical device manufacturing supply chain. From increased interest in reshoring to a more concerted effort to be aware of secondary and third tier component sources, medtech OEMs and their service providers are still adjusting to the new dynamics to ensure they are better prepared for future challenges. This supply chain transformation has resulted in a reassessment of service providers to ensure these companies are best suited to fulfill the needs of their customers. When it comes to injection molding, however, are these medical device firms certain of what attributes they should truly value and how they can make a quality determination? Figuring out how to best identify a quality supplier can be a challenge by itself. To help with this effort, John Faulkner, vice president of sales and marketing at BMP Medical, responded to several questions around this topic. Focusing on injection molding service providers for medtech, he provides suggestions on questions to ask, how to evaluate a current supply partner, and how they customer/supplier dynamic has changed. Sean Fenske: What trends are driving injection molding for medical devices today? What are the “hot” demands from the industry? John Faulkner: First, there is a growing demand for smaller and more intricate medical devices, enabling less invasive procedures that deliver better patient results. Second, we are seeing a growing need for more disposable components and devices to minimize the risk of infections. Third, there is an increasing demand for medical solutions geared toward in vitro diagnostics. Fenske: For companies seeking an injection molding partner, what recommendations do you have for what they should be seeking or what questions should they ask? Faulkner: There are a variety of questions that should be posed to a potential partner. Some of them include:
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