Brussels, Belgium, May 09, 2022 (GLOBE NEWSWIRE) —
The cost savings, scalability, technological know-how and risk mitigation offered by IVD contract manufacturers drive OEMs’ decision to outsource to IVD CDMOs.
Growing preference for point-of-care (POC) testing services feed it IVD Contract Manufacturing Services Market Growth
In an effort to reduce time to results and help patients make more informed decisions about their health, there is tremendous demand for IVD testing to be brought closer to the patient, i.e. say point-of-care (POC) diagnoses, whether in the hospital, clinic, doctor’s office, home.
Manufacturing specific PoC devices presents manufacturers (OEMs) with a variety of design and manufacturing challenges. For example, the ability to process high-precision components that involve reagents and fluids are the most relevant capabilities sought by OEMs, which are realized by specialized CDMO IVDs.
DIV Diagnostic Kits Request Triggered by Covid-19 bolster it IVD Contract Manufacturing Services Market
Since the Covid-19 outbreak, the demand for IVDs has exploded, which in turn has fueled the demand for IVD contract manufacturing services. There are several types of IVDs related to SARS-CoV-2 and COVID-19 – diagnostic tests, serology/antibody and other adaptive immune response tests and tests for the management of COVID-19 patients.
Government support for Increase production of IVD kits in the wBecause of Covid-19
Regulators have adopted several new measures to speed up access to IVD kits. Regulators have issued guidance to assist and clarify new or relaxed requirements under the emergency arrangements for IVDs to expedite their development. Fast-track approval processes for IVDs have played a central role in the fight against the Covid-19 pandemic.
“Recently launched point-of-care IVD instruments and devices are easy to use and effective. Manufacture of specific PoC devices presents manufacturers (OEMs) with a variety ofgn and manufacturing challenges, which are solved by CDMO IVDs.” – Director, First OEM-DIV, United States
Competitive landscape analysis: IVD Contract Manufacturing Services Market
The IVD contract manufacturing services market is marked by the presence of key players such as Jabil, STRATEC, Celestica, Sanmina Gerresheimer, Phillips-Medisize, Plexus, Röchling, KMC Systems, Cenogenics Corporation, Savyon Diagnostics, Nova Biomedical, Cone Bioproducts, Invetech, Thermo Fisher Scientific, Avioq, LRE Medical, Coris BioConcept, Meridian Bioscience, Maxim Biomedical etc.
Explore detailed information about IVD Contract Manufacturing Services Market @ https://meditechinsights.com/ivd-contract-manufacturing-services-market/
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