Pune, India -- (SBWIRE) -- 10/16/2018 -- The U.S. Medical Sector Contract Electronic Manufacturing Market is expected to grow at CAGR 8.8%. Technological advancements, product development, and economics of production and trade are major factors that drive the growth of the market. However, there are various factors that hamper the market growth such as high cost of labour, structural changes in industry and employment, standardization and interoperability, and others. The advent of positron emission tomography (PET) is expected to revolutionize as it enables the study of metabolic processes in the body.

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U.S. Medical Sector Contract Electronic Manufacturing Market - Key Players

Some of the key players in this market are:

Benchmark Electronics, Inc.
Flex Ltd. Celestica Inc.
Jabil Circuit Inc.
Sanmina Corporation
Nortech Systems, Inc.
TE Connectivity Corporation
Forefront Medical Technologies

U.S. Medical Sector Contract Electronic Manufacturing Market - Key Developments

Strategic approaches adopted help the major players to sustain their growth in the U.S. Medical Sector Contract Electronic Manufacturing Market and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players.

TE Connectivity Corporation.

The company provides services to wide range of industries that include aerospace, autosport, rail, communication & wireless equipment, defence, medical & healthcare, automotive, oil & gas, marine, sensor solutions and many others.

April 2016: The company announced the complete acquisition of the Creganna Medical Group; company involved in productions of minimally invasive delivery and access devices for medical device original equipment manufacturers (OEMs). This acquisition is a strategy to maintain the industry leadership

February 2015: The company announced its agreement to acquire AdvancedCath for USD 190 million USD in cash. AdvancedCath is one of the leaders in advanced catheter systems. This acquisition will eventually enhance and significantly expands TE's connectivity and sensor position in the attractive medical device market

October 2014: The company announced the complete acquisition of Measurement Specialties, Inc. one of the leaders in global designer and producer of sensors and sensor-based systems. The acquisition of Measurement Specialties establishes TE as a leader in the very attractive high-growth sensor market

FLEX LTD.

Headquartered in Singapore, FLEX LTD is one of the leading providers of innovative design, solutions, services, engineering, manufacturing, and supply chain services from conceptual sketch to full-scale production.

April 2017: The Company announced its expansion in Israel by opening a new design center in Haifa. This expansion will enhance the companies R&D activities in Israel

September 2016: The Company announced its partnership with iHear Medical that will advance the hearing products of iHear. In this partnership, Flex will serve as the Company's primary manufacturer and supplier

U.S. Medical Sector Contract Electronic Manufacturing Market – Segmentation

U.S. Medical Sector Contract Electronic Manufacturing Market has been segmented based on industry subsectors which comprises surgical appliances and medical instruments, electro-medical apparatus, diagnostics, irradiation apparatuses, dental equipment and supplies.

Based on contract service type the market comprises of super electronic manufacturing services, original design manufacturing services.

Based on end user; market is segmented into hospitals & clinics, diagnostic centers, academic & research institutes.

U.S. Medical Sector Contract Electronic Manufacturing Market - Regional Analysis

U.S. market for medical sector contract electronic manufacturing is divided between its regions such as south, west, north east and mid-west. The south region dominate the U.S. followed by and northeast. The various regions have different capabilities in the manufacture as well as demand of medical sector electronics.

Medical sector contract electronic manufacturing companies are concentrated in regions having support of other high-tech industries, such as microelectronics and biotechnology. The U.S. medical sector contract electronics sector is highly fragmented with approximately 75% of companies in the United States consist of fewer than 50 employees, and many special start-up companies operates in niche market.

Major Table of Contents

1 Report Prologue

2 Introduction

2.1 Scope of Study

2.2 Research Objective

2.3 Assumptions & Limitations

2.3.1 Assumptions

2.3.2 Limitations

2.4 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

4 Market Dynamics

Continued….

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