Value Chain

Anotações:

• Increasingly, lead firms are acquiring new products through mergers ans acquisitions  rather than undertaking the product development process internally, this provides an opportunity for smaller firms to enter the market
• other components of R&D include Prototype; sustaining engineering

1. Process Development
   1. Regulatory approval

      Anotações:

      • Jamaican government like all other countries have regulatory standards and guidelines that need to be adhered to. (see goo.gl/sgvwMZ )
      • This is an area Jamaica already has a blue print in order to guide the process for manufacturing of various disposable syringes

1. Software Development
   1. Electronics/Electrical component
      1. Precision metalwork
         1. Plastics Extrusion & Molding

            Anotações:

            •  There are a few plastic manufacturers in the Jamaican market that could capitalize on being a supplier for plastic component already. especially "United Plastics co Ltd"
            • They manufacture amongst other things, plastic caps & containers for pharmceutical industry.
            1. Weaving/Knitting Textiles

1. Packaging
   1. Sterilzation

Anotações:

• There is adequate storage resources that can be utilized f

1. Final Products

   Anotações:

   • High volume disposables, such as syringes. Manufacturing of these products requires less medical expertise than other product categories, but producers must comply with specific quality standards for medical devices.
   1. Buyers

      Anotações:

      • Jamaica's main market for export within the medical device category is USA with only 37.25%, and exporting only $318K in  2016, there is a great opportunity for growth in the area.
      1. Wholesale Distributors
         1. Hospitals (Public & Private)
            1. Individual patients

Anotações:

• http://www.jamaicatradeandinvest.org/sites/default/files/resources/DoingBusinessJamaicaKnowledgeServicesFeb2014.pdf Jamaica already has the infastructiure in place to accommodate post sale services in the value chain