Medical Device Outsourcing Market 2018 Competitive Analysis by Top 10 Players Nortech Systems, Inc., GE Healthcare, Accellent Inc., Creganna and 2025 Forecasts

The Global Medical Device Outsourcing Market Analysis and Forecasts to 2018-2025 can be segmented into product, device type, services, application, and region. Based on the product, the market can be categorized as finished goods, electronics, and raw materials. Finished device manufacturing segment is anticipated to dominate the market throughout the forecast period, due to increase in demand for affordable devices. The market based on device type can be segmented into class I devices, class II devices, and class III devices. Mostly, Class II devices are expected to signify majority of the share approximately 48.4%. Maximum number of medical device fall into this category along with infusion pumps, wheelchairs, surgical drapes, and X-ray machine. Class II is subcontracted for planning, manufacturing, sales and marketing, clinical and consultative services, and after sales services.

Medical devices outsourcing is the method of contracting a third party for numerous business purposes like manufacturing, product designing, prototyping, and supply chain management. This enables the original equipment manufacturers (OEMs) to decrease the labor cost and production time-scale.

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Top Key Players Business Overview:

Celestica, Inc.,

Creganna,

Flextronics International Ltd.,

Heraeus Holding,

Integer Holdings Corporation,

Nortech Systems, Inc.,

GE Healthcare,

Accellent Inc and among others.

The report provides forecast and analysis of the global Medical Device Outsourcing market. It provides market overview of global medical device outsourcing market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the medical device outsourcing market and their impact on each country during the forecast period.

The medical device outsourcing market has been witnessing significant growth over the past few years owing to increase in pressure of the manufacturers to decrease expenses and operational costs while preserving quality of healthcare services drives the market growth. In addition, benefits like reduction of production time, which ensures early entry of product into the market together with the need to meet the regulatory standards, lift the market growth. Though, this poses threat to the security of the confidential information of the company, which hampers the market growth.

Based on services, the market can be segmented as prototype development, finished device manufacturing, assembly & packaging, and testing & regulatory support services. Prototype development services are expected to be one of the highly availed services by device manufacturers over the coming years. Regulatory consulting services are expected to observe increasing demand over the forecast period due to increasing awareness of timely filing and auditing of the regulatory documents. On the basis of applications, the market is segmented as orthopedics and spine, cardiovascular, radiology, general medical devices, and some others. Cardiology segment is expected to witness beneficial growth over the forecast period owing to increases occurrences of related conditions.

The medical device outsourcing market based on the geography is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for medical device outsourcing in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The Medical Device Outsourcing market report includes market size and analysis for all the above-mentioned regions and countries for product, device type, services, and application.

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Global Medical Device Outsourcing Market Analysis by Product (Finished goods, Electronics, and Raw Materials); by Device Type (Class I Devices, Class II Devices, and Class III Devices); by Services (Prototype Development, Finished Device Manufacturing, Assembly & Packaging, and Testing & Regulatory Support Services); by Application (Orthopedics and Spine, Cardiovascular, Radiology, General Medical Devices, and some Others); by Geography (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) to 2025

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Global Medical Device Outsourcing Market – Market Dynamics

Drivers
Restraints
Opportunities
Chapter 4: Global Medical Device Outsourcing Market – By Product

Finished goods
Electronics
Raw Materials
Chapter 5: Global Medical Device Outsourcing Market – By Device Type

Class I Devices
Class II Devices
Class III Devices
Chapter 6: Global Medical Device Outsourcing Market – By Services

Prototype Development
Finished Device Manufacturing
Assembly & Packaging
Testing & Regulatory Support Services
TOC Continued….!

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