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Contract manufacturing is a type of outsourcing in which a company manufactures entire products or parts of larger products. Such services are employed in the medical device sector as well. Medical device OEMs (original equipment manufacturers) are companies that own the product outsource manufacturing to another medical device contract manufacturing companies that specialize in a specific area, such as molding, assembly, or R&D design. Medical device contract manufacturing refers to the process by which a manufacturer creates medical devices or components for medical devices in accordance with the international standards and FDA criteria, and accor...
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