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Philipp Menges, president of Cirexx International, discusses yearly company updates and growing markets, including automotive, medical, and military.
To watch the interview, click here.
Dave Becker, All Flex
Medical devices represent one of the fastest growing electronic markets in the United States. The drive for reduced space and weight, added functionality, and reduced cost has driven the adoption of a wide array of custom flexible circuits. The design freedom offered by this three-dimensional interconnect supports the packaging design requirements for a myriad of diverse applications within the medical electronic market.
Patty Goldman, I-Connect007
I see the medical electronics industry today as overlapping several of the traditional market divisions—computer (from the doctor’s office to you to the hospital to caregivers), communications (think of it as “telehealth”), consumer (it’s for us, right?), industrial equipment and of course medical. And who knows when it will also encompass automotive and milaero? But let’s not forget security, since equipment and wearables are definitely part of the Internet of Things.
Jason Marsh, Insulectro
If you are an electronics manufacturer and you ask your business bankers where their market research suggests growth will come from, they will almost certainly identify medical electronics as a key growth area. For the past five years, the segment has enjoyed something close to 6% CAAGR with acceleration predicted in the short term and remains one of the few areas where the U.S. is a net exporter of products.