Medical Device Outsourcing Market 2028 By Services, Application, and Geography | The Insight Partners

Medical Device Outsourcing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Services (Product Design and Development Services, Product Testing and Sterilization Services, Product Upgrade Services, Product Maintenance Services, Regulatory Consulting Services, Contract Manufacturing Services, and Other Services); Application (Class I Medical Devices, Class II Medical Devices, and Class III Medical Devices), and Geography

Report Code: TIPMD00002578 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

MARKET OVERVIEW



  • riginal equipment manufacturers are widely accepting medical device outsourcing services. The market is growing due to increased pressure on manufacturers to cut overhead and operational costs while maintaining the quality of healthcare services. During the projected period, the market is likely to be driven by rising demand for medical devices and increased price competition. Furthermore, rising product engineering challenges, as well as an influx of new entrants, are expected to shape the market's future.

    MARKET SCOPE



    The "Global Medical Device Outsourcing Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical device outsourcing market with detailed market segmentation by services, end user, and geography. The report provides key statistics on the market status of the leading medical device outsourcing market players and offers key trends and opportunities in the market.

    MARKET SEGMENTATION



    • Based on services, the market is bifurcated into product design and development services, product testing and sterilization services, product upgrade services, product maintenance services, regulatory consulting services, contract manufacturing services, and other services
    • Based on application, the market is bifurcated into class I medical devices, class II medical devices, and class III medical devices

    MARKET DYNAMICS


    Drivers:



    • Changing Regulatory Landscape
    • Rising Price Competition and the Requirement to Reduce Costs
    • Rising Demand for the Advanced Products

    Restraints



    • Compliance Issues while Outsourcing

    REGIONAL FRAMEWORK



    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical device outsourcing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

    The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical device outsourcing market in these regions.

    IMPACT OF COVID-19 ON MEDICAL DEVICE OUTSOURCING MARKET

    COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

    MARKET PLAYERS



    The report covers key developments in the medical device outsourcing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical device outsourcing market are anticipated to lucrative growth opportunities in the future with the rising demand for medical device outsourcing in the global market.

    The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical device outsourcing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    • Creganna Medical
    • General Electric Company
    • Heraeus Holding
    • Integer Holdings Corporation
    • Jabil Inc.
    • Micro Systems Technologies
    • Omnica Corporation
    • Phillips-Medisize
    • Sanmina Corporation
    • Plexus Corp.

    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Medical Device Outsourcing Market - By Services
    1.3.2 Medical Device Outsourcing Market - By Application
    1.3.3 Medical Device Outsourcing Market - By Region
    1.3.3.1 By Country
    2. KEY TAKEAWAYS
    3. RESEARCH METHODOLOGY
    4. MEDICAL DEVICE OUTSOURCING MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PEST ANALYSIS
    4.2.1 North America - Pest Analysis
    4.2.2 Europe - Pest Analysis
    4.2.3 Asia-Pacific - Pest Analysis
    4.2.4 Middle East and Africa - Pest Analysis
    4.2.5 South and Central America - Pest Analysis
    4.3. EXPERT OPINIONS
    5. MEDICAL DEVICE OUTSOURCING MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
    6. MEDICAL DEVICE OUTSOURCING MARKET - GLOBAL MARKET ANALYSIS
    6.1. MEDICAL DEVICE OUTSOURCING - GLOBAL MARKET OVERVIEW
    6.2. MEDICAL DEVICE OUTSOURCING - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING
    7. MEDICAL DEVICE OUTSOURCING MARKET - REVENUE AND FORECASTS TO 2028 - SERVICES
    7.1. OVERVIEW
    7.2. SERVICES MARKET FORECASTS AND ANALYSIS
    7.3. PRODUCT DESIGN AND DEVELOPMENT SERVICES
    7.3.1. Overview
    7.3.2. Product Design and Development Services Market Forecast and Analysis
    7.4. PRODUCT TESTING AND STERILIZATION SERVICES
    7.4.1. Overview
    7.4.2. Product Testing and Sterilization Services Market Forecast and Analysis
    7.5. PRODUCT UPGRADE SERVICES
    7.5.1. Overview
    7.5.2. Product Upgrade Services Market Forecast and Analysis
    7.6. PRODUCT MAINTENANCE SERVICES
    7.6.1. Overview
    7.6.2. Product Maintenance Services Market Forecast and Analysis
    7.7. REGULATORY CONSULTING SERVICES
    7.7.1. Overview
    7.7.2. Regulatory Consulting Services Market Forecast and Analysis
    7.8. CONTRACT MANUFACTURING SERVICES
    7.8.1. Overview
    7.8.2. Contract Manufacturing Services Market Forecast and Analysis
    7.9. OTHER SERVICES
    7.9.1. Overview
    7.9.2. Other Services Market Forecast and Analysis
    8. MEDICAL DEVICE OUTSOURCING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
    8.1. OVERVIEW
    8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    8.3. CLASS I MEDICAL DEVICES
    8.3.1. Overview
    8.3.2. Class I Medical Devices Market Forecast and Analysis
    8.4. CLASS II MEDICAL DEVICES
    8.4.1. Overview
    8.4.2. Class II Medical Devices Market Forecast and Analysis
    8.5. CLASS III MEDICAL DEVICES
    8.5.1. Overview
    8.5.2. Class III Medical Devices Market Forecast and Analysis
    9. MEDICAL DEVICE OUTSOURCING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    9.1. NORTH AMERICA
    9.1.1 North America Medical Device Outsourcing Market Overview
    9.1.2 North America Medical Device Outsourcing Market Forecasts and Analysis
    9.1.3 North America Medical Device Outsourcing Market Forecasts and Analysis - By Services
    9.1.4 North America Medical Device Outsourcing Market Forecasts and Analysis - By Application
    9.1.5 North America Medical Device Outsourcing Market Forecasts and Analysis - By Countries
    9.1.5.1 United States Medical Device Outsourcing Market
    9.1.5.1.1 United States Medical Device Outsourcing Market by Services
    9.1.5.1.2 United States Medical Device Outsourcing Market by Application
    9.1.5.2 Canada Medical Device Outsourcing Market
    9.1.5.2.1 Canada Medical Device Outsourcing Market by Services
    9.1.5.2.2 Canada Medical Device Outsourcing Market by Application
    9.1.5.3 Mexico Medical Device Outsourcing Market
    9.1.5.3.1 Mexico Medical Device Outsourcing Market by Services
    9.1.5.3.2 Mexico Medical Device Outsourcing Market by Application
    9.2. EUROPE
    9.2.1 Europe Medical Device Outsourcing Market Overview
    9.2.2 Europe Medical Device Outsourcing Market Forecasts and Analysis
    9.2.3 Europe Medical Device Outsourcing Market Forecasts and Analysis - By Services
    9.2.4 Europe Medical Device Outsourcing Market Forecasts and Analysis - By Application
    9.2.5 Europe Medical Device Outsourcing Market Forecasts and Analysis - By Countries
    9.2.5.1 Germany Medical Device Outsourcing Market
    9.2.5.1.1 Germany Medical Device Outsourcing Market by Services
    9.2.5.1.2 Germany Medical Device Outsourcing Market by Application
    9.2.5.2 France Medical Device Outsourcing Market
    9.2.5.2.1 France Medical Device Outsourcing Market by Services
    9.2.5.2.2 France Medical Device Outsourcing Market by Application
    9.2.5.3 Italy Medical Device Outsourcing Market
    9.2.5.3.1 Italy Medical Device Outsourcing Market by Services
    9.2.5.3.2 Italy Medical Device Outsourcing Market by Application
    9.2.5.4 Spain Medical Device Outsourcing Market
    9.2.5.4.1 Spain Medical Device Outsourcing Market by Services
    9.2.5.4.2 Spain Medical Device Outsourcing Market by Application
    9.2.5.5 United Kingdom Medical Device Outsourcing Market
    9.2.5.5.1 United Kingdom Medical Device Outsourcing Market by Services
    9.2.5.5.2 United Kingdom Medical Device Outsourcing Market by Application
    9.2.5.6 Rest of Europe Medical Device Outsourcing Market
    9.2.5.6.1 Rest of Europe Medical Device Outsourcing Market by Services
    9.2.5.6.2 Rest of Europe Medical Device Outsourcing Market by Application
    9.3. ASIA-PACIFIC
    9.3.1 Asia-Pacific Medical Device Outsourcing Market Overview
    9.3.2 Asia-Pacific Medical Device Outsourcing Market Forecasts and Analysis
    9.3.3 Asia-Pacific Medical Device Outsourcing Market Forecasts and Analysis - By Services
    9.3.4 Asia-Pacific Medical Device Outsourcing Market Forecasts and Analysis - By Application
    9.3.5 Asia-Pacific Medical Device Outsourcing Market Forecasts and Analysis - By Countries
    9.3.5.1 Australia Medical Device Outsourcing Market
    9.3.5.1.1 Australia Medical Device Outsourcing Market by Services
    9.3.5.1.2 Australia Medical Device Outsourcing Market by Application
    9.3.5.2 China Medical Device Outsourcing Market
    9.3.5.2.1 China Medical Device Outsourcing Market by Services
    9.3.5.2.2 China Medical Device Outsourcing Market by Application
    9.3.5.3 India Medical Device Outsourcing Market
    9.3.5.3.1 India Medical Device Outsourcing Market by Services
    9.3.5.3.2 India Medical Device Outsourcing Market by Application
    9.3.5.4 Japan Medical Device Outsourcing Market
    9.3.5.4.1 Japan Medical Device Outsourcing Market by Services
    9.3.5.4.2 Japan Medical Device Outsourcing Market by Application
    9.3.5.5 South Korea Medical Device Outsourcing Market
    9.3.5.5.1 South Korea Medical Device Outsourcing Market by Services
    9.3.5.5.2 South Korea Medical Device Outsourcing Market by Application
    9.3.5.6 Rest of Asia-Pacific Medical Device Outsourcing Market
    9.3.5.6.1 Rest of Asia-Pacific Medical Device Outsourcing Market by Services
    9.3.5.6.2 Rest of Asia-Pacific Medical Device Outsourcing Market by Application
    9.4. MIDDLE EAST AND AFRICA
    9.4.1 Middle East and Africa Medical Device Outsourcing Market Overview
    9.4.2 Middle East and Africa Medical Device Outsourcing Market Forecasts and Analysis
    9.4.3 Middle East and Africa Medical Device Outsourcing Market Forecasts and Analysis - By Services
    9.4.4 Middle East and Africa Medical Device Outsourcing Market Forecasts and Analysis - By Application
    9.4.5 Middle East and Africa Medical Device Outsourcing Market Forecasts and Analysis - By Countries
    9.4.5.1 South Africa Medical Device Outsourcing Market
    9.4.5.1.1 South Africa Medical Device Outsourcing Market by Services
    9.4.5.1.2 South Africa Medical Device Outsourcing Market by Application
    9.4.5.2 Saudi Arabia Medical Device Outsourcing Market
    9.4.5.2.1 Saudi Arabia Medical Device Outsourcing Market by Services
    9.4.5.2.2 Saudi Arabia Medical Device Outsourcing Market by Application
    9.4.5.3 U.A.E Medical Device Outsourcing Market
    9.4.5.3.1 U.A.E Medical Device Outsourcing Market by Services
    9.4.5.3.2 U.A.E Medical Device Outsourcing Market by Application
    9.4.5.4 Rest of Middle East and Africa Medical Device Outsourcing Market
    9.4.5.4.1 Rest of Middle East and Africa Medical Device Outsourcing Market by Services
    9.4.5.4.2 Rest of Middle East and Africa Medical Device Outsourcing Market by Application
    9.5. SOUTH AND CENTRAL AMERICA
    9.5.1 South and Central America Medical Device Outsourcing Market Overview
    9.5.2 South and Central America Medical Device Outsourcing Market Forecasts and Analysis
    9.5.3 South and Central America Medical Device Outsourcing Market Forecasts and Analysis - By Services
    9.5.4 South and Central America Medical Device Outsourcing Market Forecasts and Analysis - By Application
    9.5.5 South and Central America Medical Device Outsourcing Market Forecasts and Analysis - By Countries
    9.5.5.1 Brazil Medical Device Outsourcing Market
    9.5.5.1.1 Brazil Medical Device Outsourcing Market by Services
    9.5.5.1.2 Brazil Medical Device Outsourcing Market by Application
    9.5.5.2 Argentina Medical Device Outsourcing Market
    9.5.5.2.1 Argentina Medical Device Outsourcing Market by Services
    9.5.5.2.2 Argentina Medical Device Outsourcing Market by Application
    9.5.5.3 Rest of South and Central America Medical Device Outsourcing Market
    9.5.5.3.1 Rest of South and Central America Medical Device Outsourcing Market by Services
    9.5.5.3.2 Rest of South and Central America Medical Device Outsourcing Market by Application
    10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEDICAL DEVICE OUTSOURCING MARKET
    10.1 North America
    10.2 Europe
    10.3 Asia-Pacific
    10.4 Middle East and Africa
    10.5 South and Central America
    11. INDUSTRY LANDSCAPE
    11.1. MERGERS AND ACQUISITIONS
    11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    11.3. NEW PRODUCT LAUNCHES
    11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
    12. MEDICAL DEVICE OUTSOURCING MARKET, KEY COMPANY PROFILES
    12.1. CREGANNA MEDICAL
    12.1.1. Key Facts
    12.1.2. Business Description
    12.1.3. Products and Services
    12.1.4. Financial Overview
    12.1.5. SWOT Analysis
    12.1.6. Key Developments
    12.2. GENERAL ELECTRIC COMPANY
    12.2.1. Key Facts
    12.2.2. Business Description
    12.2.3. Products and Services
    12.2.4. Financial Overview
    12.2.5. SWOT Analysis
    12.2.6. Key Developments
    12.3. HERAEUS HOLDING
    12.3.1. Key Facts
    12.3.2. Business Description
    12.3.3. Products and Services
    12.3.4. Financial Overview
    12.3.5. SWOT Analysis
    12.3.6. Key Developments
    12.4. INTEGER HOLDINGS CORPORATION
    12.4.1. Key Facts
    12.4.2. Business Description
    12.4.3. Products and Services
    12.4.4. Financial Overview
    12.4.5. SWOT Analysis
    12.4.6. Key Developments
    12.5. PLEXUS CORP.
    12.5.1. Key Facts
    12.5.2. Business Description
    12.5.3. Products and Services
    12.5.4. Financial Overview
    12.5.5. SWOT Analysis
    12.5.6. Key Developments
    12.6. JABIL INC.
    12.6.1. Key Facts
    12.6.2. Business Description
    12.6.3. Products and Services
    12.6.4. Financial Overview
    12.6.5. SWOT Analysis
    12.6.6. Key Developments
    12.7. MICRO SYSTEMS TECHNOLOGIES
    12.7.1. Key Facts
    12.7.2. Business Description
    12.7.3. Products and Services
    12.7.4. Financial Overview
    12.7.5. SWOT Analysis
    12.7.6. Key Developments
    12.8. OMNICA CORPORATION
    12.8.1. Key Facts
    12.8.2. Business Description
    12.8.3. Products and Services
    12.8.4. Financial Overview
    12.8.5. SWOT Analysis
    12.8.6. Key Developments
    12.9. PHILLIPS-MEDISIZE
    12.9.1. Key Facts
    12.9.2. Business Description
    12.9.3. Products and Services
    12.9.4. Financial Overview
    12.9.5. SWOT Analysis
    12.9.6. Key Developments
    12.10. SANMINA CORPORATION
    12.10.1. Key Facts
    12.10.2. Business Description
    12.10.3. Products and Services
    12.10.4. Financial Overview
    12.10.5. SWOT Analysis
    12.10.6. Key Developments
    13. APPENDIX
    13.1. ABOUT THE INSIGHT PARTNERS
    13.2. GLOSSARY OF TERMS
    The List of Companies

    1. Creganna Medical
    2. General Electric Company
    3. Heraeus Holding
    4. Integer Holdings Corporation
    5. Jabil Inc.
    6. Micro Systems Technologies
    7. Omnica Corporation
    8. Phillips-Medisize
    9. Sanmina Corporation
    10. Plexus Corp.
    11. SGS SA
    12. IQVIA
    13. Toxikon, Inc.
    14. Eurofins Scientific SE
    15. Pace Analytical Services, Inc.
    16. Intertek Group plc
    17. WuXi AppTec, Inc.
    18. North American Science Associates, Inc.
    19. Charles River Laboratories International, Inc.
    20. PAREXEL International Corp.
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