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| The MedDevice City? |
At the risk of seeming provincial, let me
talk a little bit about our home town, Detroit. Known for nearly a century as
the Motor City, we are a region in transition. The problems of the domestic
auto industry are well known, and while we know that this great American
industry will make a rebound, it and this region will never be the same.
Recent articles in the press tell the story
of auto-related companies seeking to diversify into other industries where
their expertise at design and manufacturing might be of value. Not
surprisingly, one of those industries is medical device. While the efforts of
auto suppliers trying to diversify from a troubled industry is not a new
phenomenon, I was touched personally by the trend when a friend of a friend
first contacted me a year ago about employment opportunities in our industry.
He was recently laid-off from an auto supplier and was seeking opportunities
outside of automotive. He felt his extensive engineering design experience
would be of use in a market that showed strong long term potential.
While not able to help him directly with
knowledge of companies that were hiring, I did point him in the direction of
industry trade groups and publications where he could learn more about the
market and perhaps make valuable contacts. I have not heard from him recently,
but the last time I did, he had had several interviews with very good prospects
for employment at a couple of these firms.
This summer I took a day trip over to the MDM
meeting in Chicago. A short flight from Detroit, this was a chance to
seek potential new suppliers as well as learn first hand that which was new and
exciting in healthcare. I was amazed. Walking the floor, it was more like the
SAE (Society of Automotive Engineers held annually in Detroit) than an MDM. One
company after another showed their manufacturing capabilities and/or equipment.
Robotics, small parts fabrication, plastics extruding and converting, precision
quality testing devices, etc. Not only the same kinds of equipment you would
see at the SAE, but in fact the same companies. Many of these exhibitors were
first timers. They were from Michigan, Illinois, Indiana, Ohio, Missouri and
Ontario, all areas with heavy concentrations of automotive parts manufacturing.
They were there to see if their capabilities could be of value to the medical
device industry and in a broader sense the delivery of quality healthcare.
The trend continues. Just in the last 12
months, we have had a number of meetings with companies long focused on
automotive now seeking partners in the medical industry to help them develop
and market product. Some of these meetings are sure to bear fruit. I am
reminded of the closing line in the movie Casablanca - the partnership between
former automotive engineering and medical device could be the start of a
beautiful friendship.
Sincerely,
Ralph J. Basile
Vice President of Marketing
Healthmark Industries Company, Inc.
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| News Headlines |
NIOSH Reports on Endoscope Sterilizer Hazards...
READ FULL STORY...
FDA Lags on 510(k) Approvals...
READ FULL STORY...
Michigan Steering Defunct Auto Suppliers Towards Medical...
READ FULL STORY...
Plasma-in-a-Bag for Sterilizing Devices...
READ FULL STORY...
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| Tip of the Week |
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| Thank You for Your Continued Interest! |
Thank you very much for reading this 25th edition of Healthmarket Digest. We are very excited to have you as a member of our online community. If you haven't already confirmed your email address and would like to receive updates in the future please click here.
Sincerely,
Alex Kirk
Healthmark Industries Company, Inc.
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