New companies entering medical device manufacturing : compar

New companies entering medical device manufacturing


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CUYAHOGA FALLS, Ohio—Health care product manufacturing is becoming more democratized as smaller companies are increasingly jumping into the business.
There was a time when the biggest companies—think Johnson & Johnson, Becton, Dickinson and Philips, for example—had a grip on the health care device market. But the business is seeing an influx of upstart companies looking to quickly make their mark and turn a profit. And even be flipped.
"At the moment health care has seen a lot of evolution and shifts in technology," said Bobby Boyer, director of product development at HS Design Inc., that is allowing a pathway for startup companies to find success.

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