Emerging Trends in Medical Device Outsourcing and Their Impact on Your Business

Join Qmed, MD+DI, MPMN, and a host of industry experts on June 14, 2012, for "Trends in Medical Device Contract Manufacturing," a free virtual event that addresses some of the key benefits, challenges, and trends in outsourcing medical device design and development and how they can impact your business. A keynote presentation on "The New Medical Device Landscape: Adapt or Fade Away," by Venkat Rajan, Industry Manager, Medical Devices, at Frost & Sullivan, will be followed by conference sessions focused on such areas as outsourcing to China, medical device miniaturization, and design trends.

Touching on such hot topics as the medical device tax and healthcare reform, the keynote presentation will illuminate how new business models and other healthcare cost-containment pressures are prompting companies to rethink their long-term strategies and approach to product development. It will also examine the potential effects of these factors and their impact on the medical device supply chain.

In addition to the keynote, the event will feature three educational conference sessions. The first, "Design Trends in Outsourcing Innovation," will explore the challenges, benefits, and risks associated with outsourcing medical device R&D and design services. Experts in industrial design and R&D will present on best practices for partnering with design companies in order to produce innovative, next-generation medical devices.

Another session, "Medical Device Miniaturization: The Quest for the Incredible Shrinking Parts," will delve into the industry-wide trend of medical device and feature miniaturization, particularly for minimally invasive applications. Featuring presentations from experts in medical device micromolding, micromachining, and microextrusion, the session aims to provide medical device professionals with advice on working with these tiny yet complex parts.

The final session of the day, "Sourcing Suppliers in China," will feature a lively roundtable discussion with a panel of industry experts on the polarizing topic of outsourcing medical device manufacturing to China. Participants will debate such topics as quality concerns and both the pitfalls and advantages of doing business in China.

Conference sessions will be complemented by interactive chat sessions on medical device packaging and testing. Furthermore, a virtual exhibit hall will house booths of contract manufacturers that serve the medical device industry, complete with chat capabilities, data downloading, and prizes. Sponsored by Lumenous Device Technologies, Fluortek Inc., Microspec, and Minnetronix, the event is free to medical device professionals. Make sure to register now for this exciting event!