SETTING THE BENCHMARK

Benchmark Market Profile: Medical Technologies

by Todd Martensen / January 19, 2022
A Legacy of Medical Technology, a Passion for Innovation

Benchmark has over 40 years of experience building and supporting Class I, II, and III medical devices for high-growth customers who share our passion for innovation. While Benchmark serves other highly regulated and complex industries, including aerospace and defense, telco, high-performance computing, and industrial, our history is steeped in medical. Benchmark began as a division of a medical device components provider. We grew with the industry by honing our expertise, refining our best-in-class processes, and investing in critical technology building blocks to solve the most advanced challenges of the medical technology industry.

Local Presence with a Global Reach

Several Benchmark's engineering and manufacturing sites support medical devices. The North American facilities that support the medical sector are located in Rochester and Winona, Minnesota; Nashua, New Hampshire; and a nearshoring location in Guadalajara, Mexico. Our global network extends to cover Europe with facilities in Almelo, the Netherlands, Brasov, Romania, as well as Asia with sites in Suzhou, China, and Ayutthaya and Korat, Thailand.

These facilities allow us to refine our three-continent strategy, through which we can localize production based on our customer's regional and manufacturing cost-based needs. Customers choose to partner with Benchmark because of our proven ability to address complex challenges and support the development of critical devices and because we can help them scale to high-volume manufacturing by producing their medical devices in the most cost-effective locations.

We can also meet the technical requirements of all types of devices due to our commitment to the strictest medical industry standards. Benchmark is a leader in quality and compliance, with several FDA/QSR compliant and ISO 13485 certified facilities worldwide, and we continue to pass FDA-related inspections.

Ongoing Research & Investments

Across the medical technology sector, Benchmark serves a variety of customers and develops an extensive range of solutions. We've identified rapid growth platforms in which we've invested heavily in talent and technology building blocks. These platforms include connected medical, fluid management, radiological imaging, optical imaging, handheld devices, energy delivery devices, and medical robotics. Benchmark supports the design, development, test, and manufacturing of full-system medical devices within these platforms.

As the medical device industry evolves, so does Benchmark. One specific trend we're supporting is the shift from designing larger devices used in a clinical setting to designing devices with more mobility and usability. This trend is driven by society's desire for medical care to move out of the hospital or doctor's office and into the home, local pharmacy, and even the grocery store, triggering demand for point-of-care, connected devices. While the COVID-19 pandemic accelerated this demand, it has been a point of emphasis for our organization for many years. Between our medical expertise, device miniaturization processes, and our impressive IoT platform solutions, Benchmark is the ideal partner to help meet the needs of modern healthcare.

To learn more about Benchmark's capabilities in medical technologies, check out our new sector profile video. 

HubSpot Video

 

Medical Technologies Connected Devices About Us

about the author

Todd Martensen

Todd Martensen is the Vice President for Benchmark's medical sector. Todd has worked in the medical device industry for over 30 years, managing business for Johnson & Johnson, Danaher, and several successful start-up companies.