Medical Device Outsourced Manufacturing Market

Medical Device Outsourced Manufacturing - Global Market Outlook (2020-2028)

4.6 (99 reviews)
Published: April 2021 ID: SMRC20384
4.6 (99 reviews)
Published: April 2021 ID: SMRC20384

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Device Outsourced Manufacturing Market is accounted for $24.72 billion in 2020 and is expected to reach $80.51 billion by 2028 growing at a CAGR of 15.9% during the forecast period. An increasing prevalence of chronic disorders and growing demand for the technological adoption in the medical devices sector are the factors driving the market growth. However, the threat of leakage of confidential information is the factor hampering the growth of the market.

A Medical outsourced manufacturing is a type of contract manufacturing in which a company produces medical products or a single part a whole product.

Based on the device type, the in vitro diagnostic device (IVD) segment is going to have lucrative growth during the forecast period due to the increasing volume of IVD tests performed globally and technological advancements in instruments with high-throughput capabilities. By geography, Asia Pacific is going to have high growth during the forecast period due to the rising disease prevalence, life expectancy, and geriatric population. 

Some of the key players profiled in the Medical Device Outsourced Manufacturing Market include Benchmark Electronics, Inc , Celestica International Inc, Consort Medical PLC, Flex, Ltd, Gerresheimer AG, Integer Holdings Corporation, Jabil, Inc, Kimball Electronics Inc, Nipro Corporation, Nortech Systems, Inc, Plexus Corporation, Sanmina Corporation, TE Connectivity, Teleflex Incorporated, and West Pharmaceutical Services, Inc .
Device Types Covered:
• Cardiovascular Devices
• Diagnostic Imaging Devices
• Drug Delivery Devices
• Diabetes Care Devices 
• Dental Devices 
• Endoscopy Devices 
• Gynaecology/Urology Devices 
• In Vitro Diagnostic Device (IVD) 
• Neurology Devices 
• Ophthalmology Devices 
• Orthopedic Devices 
• Personal Care 
• Respiratory Care Devices 
• Surgical Devices   

Service Types Covered:
• Device Development and Manufacturing Services
• Packaging & Assembly By Type
• Quality Management Services     

Class of Devices Covered:
• Class I Medical Devices 
• Class II Medical Devices 
• Class III Medical Devices     

Process Evaluations Covered:
• Assembly
• Design for Manufacturing
• Packaging
• Pilot Production
• Process Evaluation
• Production
• Project Management
• Prototyping
• Validation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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