Press release
Medical Device Outsourcing Market is forecast to achieve a Revenue Earning of USD 60.87 billion by the End of 2022 | Omnica Corporation, Accellent Inc, DAIICHI JITSUGYO CO LTD, Kinetics Climax Inc, Cirtec Medical, Infinity Molding & Assembly Inc, Wipro GE
Medical Device Outsourcing Market
Growing competition among producers prompting improvement of products at lesser price is one of the major elements ascribing towards development over the estimate time frame. Moreover, developing complication in the designing of products combined with expanding number of participant manufacturers are anticipated to impel the medical device outsourcing industry with advantageous opportunities for development. Growing aged populace is anticipated to build interest for medicinal devices and supplies shaping an expansive client base with restricted health resources, in this manner pushing makers towards subcontracting of exercises.
Competitive Insights:
Major players in the market are Omnica Corporation, Accellent Inc, DAIICHI JITSUGYO CO LTD, Kinetics Climax Inc, Cirtec Medical, Infinity Molding & Assembly Inc, Wipro GE Healthcare Pvt Ltd, ProMed Molded Products Inc, Mitutoyo, NSF International, Micro Systems Engineering GmbH and Shandong Weigao Co.
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The Global Medical Devices Outsourcing market is segmented as follows-
By Application:
Class I
Class II
Class III
By Service:
Product Design and Development Services
Molding
Designing & engineering
Packaging
Machining
Product Implementation Services
Product Maintenance Services
Product Testing & Sterilization Services
Product Upgrade Services
Regulatory Consulting Services
Legal representation
Clinical trials applications and product registrations
Regulatory writing and publishing
Others
Contract Manufacturing
Component manufacturing
Accessories manufacturing
Device manufacturing
Assembly manufacturing
By Therapeutics:
Diagnostic imaging
IVD
General and plastic surgery
Dental
Diabetes care
Cardiology
Orthopedic
Ophthalmic
Drug delivery
Endoscopy
Others
Regional Segment Analysis:
North America: U.S, Canada, Mexico
Europe: Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific: Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World: Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
The Medical Device Outsourcing Market was worth USD 21.15 billion in the year 2012 and is expected to reach approximately USD 60.87 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 11.15% during the forecast period.
Therapeutic Outlook:
Fundamental therapeutic segments catered to incorporate; drug delivery, endoscopy, orthopedic, In-Vitro Diagnostic (IVD), dental, cardiology, general and plastic surgery, diagnostic imaging, cardiology and diabetes and ophthalmic care. Cardiology section is anticipated to witness advantageous development over the gauge time frame because of expanded frequencies of related conditions. General and plastic surgery fragment is foreseen encounter significant development throughout the following years. Rising number of injuries caused to joints, bones and tissues, and increasing frequencies of chronic conditions are sure effect rendering drivers foreseen to boost the development.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Medical Device Outsourcing Market, By Application
4.1.Introduction
4.2.Medical Device Outsourcing Market Assessment and Forecast, By Application, 2012-2022
4.3.Class I
4.3.1.Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4.Class II
4.4.1.Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5.Class III
4.5.1.Market Assessment and Forecast, By Region, 2012-2022 ($Million)
…
7.Company Profiles
7.1.Shivna Medical Instruments Co., Ltd.
7.1.1.Business Overview
7.1.2.Application Portfolio
7.1.3.Key Financials
7.1.4.Strategic Developments
7.2.Daiichi Jitsugyo Co., Ltd.
7.2.1.Business Overview
7.2.2.Application Portfolio
7.2.3.Key Financials
7.2.4.Strategic Developments
7.3.Mitutoyo Corporation
7.3.1.Business Overview
7.3.2.Application Portfolio
7.3.3.Strategic Developments
7.4.GE Healthcare
7.4.1.Business Overview
7.4.2.Application Portfolio
7.4.3.Key Financials
7.4.4.Strategic Developments
7.5.Active Implants Corporation LLC
7.5.1.Business Overview
7.5.2.Application Portfolio
7.5.3.Strategic Developments
Reason to Buy:
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Medical Device Outsourcing Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Global Medical Device Outsourcing Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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