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PALO ALTO, CA – Medical device equipment sales topped $1.25 billion in 2007 and are on track to reach $1.89 billion by 2014, research firm Frost & Sullivan reports.
High demand for reliable, flexible equipment from this market encourages SMT equipment manufacturers to develop higher-end machines, with accuracy, parts handling, and speed requirements at the forefront.
“Technology trends like remote patient monitoring and the incorporation of wireless technology in hospitals are expected to offer EMS providers an opportunity to utilize the experience gained from other conventional markets to provide suitable solutions for medical OEMs,” says Frost & Sullivan research analyst Julian Harris. “An increased supply of SMT equipment will ensue, elevating market growth.”
Though the medical device sector holds enormous potential, the FDA’s stringent regulatory standards deter many EMS companies from entering the market, which leads to a decline in overall machine sales, says the firm. However, increasing end-user need to comply with certifications such as ISO 13485 can help reverse the trend and accelerate demand for SMT equipment.
In response, advises Frost, SMT equipment manufacturers have to increase customer awareness on FDA regulatory standards and step up research and development initiatives with end-users. This enables penetration rates to attain new heights and help market revenue figures climb dramatically, according to Frost.
The decreasing size of medical PCBs remains another challenge for SMT equipment manufacturers. The highly complex nature of new package types and their fine-pitch components pushes manufacturers to integrate technologically advanced vision systems in their equipment. To meet end-user requirements for accurate placement and speed, manufacturers added dual camera heads and optimized illumination features to enhance value. These features will go a long way in reducing defects and enhancing the overall performance, says Frost.
“One primary focus is to modify the feeding capabilities and to correct solder misalignment with technological innovations in order to enhance the operational efficiency of the placement process,” notes Harris. “As top-tier placement equipment companies leverage this trend, other market participants will follow suit.”
High demand for reliable, flexible equipment from this market encourages SMT equipment manufacturers to develop higher-end machines, with accuracy, parts handling, and speed requirements at the forefront.
“Technology trends like remote patient monitoring and the incorporation of wireless technology in hospitals are expected to offer EMS providers an opportunity to utilize the experience gained from other conventional markets to provide suitable solutions for medical OEMs,” says Frost & Sullivan research analyst Julian Harris. “An increased supply of SMT equipment will ensue, elevating market growth.”
Though the medical device sector holds enormous potential, the FDA’s stringent regulatory standards deter many EMS companies from entering the market, which leads to a decline in overall machine sales, says the firm. However, increasing end-user need to comply with certifications such as ISO 13485 can help reverse the trend and accelerate demand for SMT equipment.
In response, advises Frost, SMT equipment manufacturers have to increase customer awareness on FDA regulatory standards and step up research and development initiatives with end-users. This enables penetration rates to attain new heights and help market revenue figures climb dramatically, according to Frost.
The decreasing size of medical PCBs remains another challenge for SMT equipment manufacturers. The highly complex nature of new package types and their fine-pitch components pushes manufacturers to integrate technologically advanced vision systems in their equipment. To meet end-user requirements for accurate placement and speed, manufacturers added dual camera heads and optimized illumination features to enhance value. These features will go a long way in reducing defects and enhancing the overall performance, says Frost.
“One primary focus is to modify the feeding capabilities and to correct solder misalignment with technological innovations in order to enhance the operational efficiency of the placement process,” notes Harris. “As top-tier placement equipment companies leverage this trend, other market participants will follow suit.”
Enhancements to the placement process offer manufacturers an edge, which allows effective customization of equipment per end-user requirements. Moving forward, manufacturers will provide both technologically innovative machine models, as well as service packages to ensure steady revenue growth. Sustained efforts through customer education, improved machine capabilities, as well as research and development are required to engender more efficient SMT placement processes and fuel revenue growth for SMT equipment suppliers in the medical market, says the firm.
SAN JERONIMO, MEXICO — Foxconn has begun work on a massive electronics manufacturing campus, according to published reports.
When completed, the new site will house more than 3 million sq. ft. of
industrial space, said a Foxconn spokesman.
ARLINGTON, VA – The Consumer Electronics Association has hit on a novel way to spread its free trade message: a nationwide bus tour.
GLENVIEW, IL – ITW’s second-quarter revenues rose 10.5% as higher returns from currency translation and acquisitions offset flat organic growth. Operating income rose 9%, and margins dropped 20 basis points.
PHILADELPHIA – The American Competitiveness Institute has been awarded a five-year $100 million contract from the U.S. Navy’s Office of Naval Research.
The research firm will manage and operate the Benchmarking and Best Manufacturing Processes Center of Excellence.
The effort, to be performed in Philadelphia, will facilitate the sharing of best-in-class practices, processes, methodologies, systems, and pre-competitive technologies.
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.03 billion in orders in June and a book-to-bill ratio of 0.85, says SEMI.
STOCKHOLM – Sony Ericsson will slash 2,000 jobs worldwide over the next 12 months, as the mobile phone maker seeks to dramatically cut costs.
The company today reported a 97% drop in second-quarter net profits and said it planned to cut operating costs by 300 million euros each year.
EL SEGUNDO, CA – iSuppli Corp. reported it has acquired Telematics Research Group Inc., specializing in vehicle electronics intelligence.
Established in 2000 and based in Minnetonka, MN, TRG analyzes and forecasts global and regional demand trends for automotive and mobile electronics technologies.
TRG’s operations will be integrated with the existing iSuppli Automotive Infotainment and Electronics Services, along with its research on MEMS.
Financial terms of the purchase were not disclosed.
STAMFORD, CT – Global PC shipments reached 71.9 million units, a 16% increase year-over-year, a top research firm said.
WEYMOUTH, ENGLAND – DEK International today promoted Michael Brianda to president. Brianda has been with DEK since 1996, most recently as global sales and marketing director. He has also held roles as general manager, and sales manager for Germany.
BANNOCKBURN, IL – The 90-day rolling average of EMS shipments rose modestly in May and continues to track ahead of historical baselines.
According to IPC, the EMS shipments index rose 1 point sequentially, to 106. The indices are baselined to 2000.
New orders for computer and electronic products in the US rebounded to about $28 billion in May, on a par with March and up about $1 billion from April.
According to IPC, the EMS shipments index rose 1 point sequentially, to 106. The indices are baselined to 2000.
New orders for computer and electronic products in the US rebounded to about $28 billion in May, on a par with March and up about $1 billion from April.
Rigid printed circuit board and semiconductor shipments both rose, yet remained well below their 2000 index levels.
WELLESLEY, MA – The global market for printed electronics is expected to be worth $3.1 billion in 2008, and will increase to $8.8 billion by 2013, a CAGR of 23.2%, says BCC Research.
The market includes optoelectronics, radio frequency, energy, sensors and other applications. Optoelectronics applications dominate the market with a share of more than 85% in 2007 and 2008, but will decline to 69% in 2013. Optoelectronics generated $2.5 billion last year, an estimated $2.7 billion this year, and a projected $6.1 billion in 2013, for a CAGR of 18.1%, according to the research firm.
Sensors were the second largest segment in 2007, with $375 million in revenue, and should continue in second place through 2008, generating $423.5 million. Sensors are expected to lose market share during the next five years, declining from 13% of the market to 9.5%. Expected revenue in 2013 is $842.5 million, for a CAGR of 14.7%.
RF applications are expected to grow from $10 million last year to $18.4 million this year and $413 million in 2013, a CAGR of 86.3%.
The energy segment is the fastest growing segment and is expected to achieve a market share of 16.2% by 2013. Energy applications generated $9 million in 2007 and are expected to reach $18.1 million this year. This is expected to increase to $1.4 billion in 2013, for a CAGR of 139.5%, says BCC.
Other applications are expected to grow at a CAGR of 118.7%, from an estimated $1 million in 2008 to $50 million in 2013.
Currently, major end-uses of printed electronics include consumer products, advertising and medicine and health care/life sciences. End-user segments expected to gain significant market share during the next five years include building products and transport and logistics.
