This is the fourth in a multi-part series that will focus on the products and markets in the medical device manufacturing industry, a member of the manufacturing sector. Supply and Demand The primary demand industries for medical device manufacturing are manufacturing, medical supplies wholesaling, specialist doctors, and hospitals. The primary supply industries include electrical equipment manufacturing and manufacturing[1]. Firms in the manufacturing and electrical equipment manufacturing sectors produce the intermediate and capital goods necessary to create and assemble the medical devices sold by firms in the medical device industry. Certain manufactured medical device components are cycled further through the manufacturing process for other final goods. Medical supplies wholesalers purchase medical devices to resell. Specialist doctors and hospitals demand medical devices to treat patients. Product & Service Segmentation [1] The largest segments within the industry in…
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