Medical Device Outsourcing Market Size, Trends & Growth Opportunity By Services (Quality Assurance, Products Design and Development, Regulatory Affairs, Product Testing & Sterilization Product Implementation, Product Maintenance, Product Upgrade, and Contract Manufacturing), By Application, By Region and Forecast till 2027
Report ID : QR1008 | Industries : Healthcare | Published On :August 2021 | Page Count : 251Global Medical Device Outsourcing Market
Medical device outsourcing is the procedure of contracting third party for different business purposes like product designing, supply chain management, manufacturing, and prototyping. Rise in pressure on manufacturers to reduce the expenses, and operational cost to maintain the quality of healthcare services is expected to drive the global medical device outsourcing market growth.
Global Medical Device Outsourcing Market Drivers
Increase in globalization of small and large medical device manufacturers as well as rise in complexity of medical devices are expected to drive the growth of global medical device outsourcing market. Furthermore, rise in spending on CRO (Contract Research Organization) services will have the positive impact on global medical device outsourcing market growth. In addition to that, increasing prevalence of chronic diseases will increase the demand for medical devices worldwide during this forecast period.
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Global Medical Device Outsourcing Market Restraints
However, Security of the confidential information is the major restraining factor which is expected ted to hamper the global medical device outsourcing market growth.
Global Medical Device Outsourcing Market Segmentation
Global Medical Device Outsourcing Market is segmented into services such as Quality Assurance, Products Design and Development, Regulatory Affairs, Product Testing & Sterilization Product Implementation, Product Maintenance, Product Upgrade, and Contract Manufacturing, by application such as Cardiology, Orthopedic, Diagnostic Imaging, IVD, Ophthalmic, Drug Delivery, General and Plastic Surgery, Dental, Endoscopy, and Others.
Also, Global Medical Device Outsourcing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Global Medical Device Outsourcing Market Key Players
Various key players are discussed in this report such as SGS S.A, Pace Analytical Services LLC, Intertek Group, WuXi Apptec, Charles River Laboratories, Medical Device Testing Services, Mandala International, Mapi Group, Parexel International Corporation, ICON Plc, PRA Health Sciences, and Plexus Corp.
Global Medical Device Outsourcing Market Taxonomy
By Services
- Quality Assurance
- Products Design and Development
- Regulatory Affairs
- Product Testing & Sterilization
- Product Implementation
- Product Maintenance
- Product Upgrade
- Contract Manufacturing
By Application
- Cardiology
- Orthopedic
- Diagnostic Imaging
- IVD
- Ophthalmic
- Drug Delivery
- General and Plastic Surgery
- Dental
- Endoscopy
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Medical Device Outsourcing Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Global Medical Device Outsourcing Market
1. Executive Summary
1.1. Market Taxonomy
2. Global Medical Device Outsourcing Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Medical Device Outsourcing Market Snapshot
5. Global Medical Device Outsourcing Market Analysis, By Services
5.1. Y-o-Y Growth Comparison, By Services
5.2. Global Medical Device Outsourcing Market Share Analysis, By Services
5.3. Global Medical Device Outsourcing Market Size and Forecast, By Services
5.3.1 Quality Assurance
5.3.2 Product Design & Development
5.3.3 Regulatory Affairs
5.3.4 Product Testing & Sterilization
5.3.5 Product Implementation
5.3.6 Product Maintenance
5.3.7 Product Upgrade
5.3.8 Contract Manufacturing
6. Global Medical Device Outsourcing Market Analysis, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2. Global Medical Device Outsourcing Market Share Analysis, By Application
6.3. Global Medical Device Outsourcing Market Size and Forecast, By Application
6.3.1 Cardiology
6.3.2 Orthopedic
6.3.3 Diagnostic Imaging
6.3.4 IVD
6.3.5 Ophthalmic
6.3.6 Drug Delivery
6.3.7 General and Plastic Surgery
6.3.8 Dental
6.3.8 Endoscopy
6.3.9 Endoscopy
7. Global Medical Device Outsourcing Market Analysis, By Region
7.1. Y-o-Y Growth Comparison, By Region
7.2. Global Medical Device Outsourcing Market Share Analysis, By Region
8. North America Medical Device Outsourcing Market Analysis and Forecast (2017-2027)
8.1 Introduction
8.2 North America Medical Device Outsourcing Market Analysis, By Services
8.3 North America Medical Device Outsourcing Market Analysis, By Application
8.4 North America Medical Device Outsourcing Market Analysis, By Country
8.4.1USA
8.4.2 Canada
8.4.3 Mexico
9. Europe Medical Device Outsourcing Market Analysis and Forecast (2017-2027)
9.1 Introduction
9.2 Europe Medical Device Outsourcing Market Analysis, By Services
9.3 Europe Medical Device Outsourcing Market Analysis, By Application
9.4 Europe Medical Device Outsourcing Market Analysis, By Country
9.4 .1Germany
9.4 .2 France
9.4.3 UK
9.4 .4 Rest of Europe
10. Asia Pacific Medical Device Outsourcing Market Analysis and Forecast (2017-2027)
10.1 Introduction
10.2 Asia Pacific Medical Device Outsourcing Market Analysis, By Services
10.3Asia Pacific Medical Device Outsourcing Market Analysis, By Application
10.4 Asia Pacific Medical Device Outsourcing Market Analysis, By Country
10.4.1China
10.4.2 India
10.4.3 Japan
10.4.4 Rest of Asia Pacific
11. Latin America Medical Device Outsourcing Market Analysis and Forecast (2017-2027)
11.1 Introduction
11.2 Latin America Medical Device Outsourcing Market Analysis, By Services
11.3Latin America Medical Device Outsourcing Market Analysis, By Application
12. Middle East & Africa Medical Device Outsourcing Market Analysis and Forecast (2017-2027)
12.1 Introduction
12.2 Middle East & Africa Medical Device Outsourcing Market Analysis, By Services
12.3Middle East & Africa Medical Device Outsourcing Market Analysis, By Application
13. Competition Analysis
13.1 Competition Dashboard
13.2Market Share Analysis of Top Vendors
13.3 Key Development Strategies
14. Company Profiles
14.1 SGS S.A,
14.1.1 Overview
14.1.2 Offerings
141.3 Key Financial
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Pace Analytical Services LLC
14.3 Intertek Group
14.4 WuXi Apptec
14.5 Charles River Laboratories
14.6 Medical Device Testing Services,
14.7 Mandala International, Mapi Group
14.8 Parexel International Corporation
14.9 ICON Plc
14.10 PRA Health Sciences
14.11 Plexus Corp.