Technologies and Trends in Precision Fluid Dispensing for Medical Product Manufacturing

The medical device industry has come a long way in the last 20 years. Part of the evolution has come from advancements in other industries, such as information technology, plastics and polymers, and chemicals and adhesives. Today’s devices are much smaller, yet more complex, than we have ever seen before. We have also seen a significant evolution in terms of customer demand, expectations, and spending power. Countries such as Brazil, India, and China, that were nowhere on the radar of Western medical device companies two decades ago, are now some of the fastest growing markets with enormous untapped potential. Financial liberalization, a rising middle class, increases in wages, and a rapidly aging population have fueled increased demand for medical devices, and that demand is only expected to grow. This has led to fierce competition in the medical device industry, with companies facing significant pressures to out-innovate one another.