Medical device Contract Manufacturing Organizations (CMOs) Mergers and Acquisitions: Buyer�s view and standpoint

Medical device Contract Manufacturing Organizations (CMOs) Mergers and Acquisitions: Buyer's view and standpoint Medical Device CMO sector is witnessing an increased merger and acquisition in the recent past; close to 30% of top CMO players were involved in either M&A or expansion plans in emerging and developed market. These acquisitions have further bolstered the bargaining power of leading CMOs (close to 10 CMOs account for 60% of over medical device CMO market). Moreover, huge electronic component manufacturers are also entering medical devices industry. These players are currently positioned in low value, high volume device segment, but now are heading to high value, low volume device area. These trends have put a lot on table in terms of what are the different gateways that medical device buyers can or must leverage for better operations. While supplier market is observing M&A at one end, it is also witnessing new entrants on the other. Watch Beroe's Medical Device Expert, Chanderkanth Gautham, as he discusses impact of these trends and opportunities that they render to buyers in highly complex and regulated device supply market. About the speakers: Chanderkanth Gautham - Chanderkanth Gautham is a medical devices expert at Beroe. He specializes in providing electro medical and drug delivery related procurement intelligence to Fortune 500 companies. Chanderkanth has also been an opinion leader in leading industry events including Informa lifescience's Drug Delivery Summit, OMIC Group's Biosimilar Summit and SMI Group Pre filled Syruinge America Summit among others. He has also written and published several thought leadership papers in leading medical device journals. Some of the topics covered in his papers include "REACH and RoHS: A pathway for medical device buyers", "Conflict mineral compliance" and "Technology and its role in medical devices". He is also a community leader on LinkedIn which houses close to 400+ experts, and moderates discussion on industry trends.