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The medical device manufacturing outsourcing market is forecasted to grow by USD 58.88 billion during 2024-2029, accelerating at a CAGR of 11.5% during the forecast period. The report on the medical device manufacturing outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus of oems on reducing medical device manufacturing costs, growing complexities in product design and development, and emerging countries as preferred outsourcing destination for medical device manufacturing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The medical device manufacturing outsourcing market is segmented as below:
By Product
- EMS
- Raw materials
- Finished goods
By Class Type
- Class II
- Class III
- Class I
By Service Type
- Manufacturing services
- Quality assurance and testing
- Device development and design services
- Regulatory and certification support
By End-user
- Medical device companies
- Pharmaceutical and biotech firms
- Hospitals and clinics
- Research institutions
By Geographical Landscape
- North America
- Asia
- Europe
- Rest of World (ROW)
The report on the medical device manufacturing outsourcing market covers the following areas:
- Medical Device Manufacturing Outsourcing Market sizing
- Medical Device Manufacturing Outsourcing Market forecast
- Medical Device Manufacturing Outsourcing Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Class Type
10 Market Segmentation by Service Type
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global medical device manufacturing outsourcing market: Benchmark Electronics Inc., Cadence Inc., Celestica Inc., Cirtec Medical, Eurofins Scientific SE, Flex Ltd., Gerresheimer AG, Heraeus Holding GmbH, Integer Holdings Corp., Jabil Inc., Kimball Electronics Inc., NN Inc., Nortech Systems Inc., Plexus Corp., Sanmina Corp., Tata Elxsi Ltd., TE Connectivity Ltd., Tecomet Inc., TRICOR Systems Inc., and West Pharmaceutical Services Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing mergers and acquisitions activities."
According to the report, one of the major drivers for this market is the growing focus of oems on reducing medical device manufacturing costs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Benchmark Electronics Inc.
- Cadence Inc.
- Celestica Inc.
- Cirtec Medical
- Eurofins Scientific SE
- Flex Ltd.
- Gerresheimer AG
- Heraeus Holding GmbH
- Integer Holdings Corp.
- Jabil Inc.
- Kimball Electronics Inc.
- NN Inc.
- Nortech Systems Inc.
- Plexus Corp.
- Sanmina Corp.
- Tata Elxsi Ltd.
- TE Connectivity Ltd.
- Tecomet Inc.
- TRICOR Systems Inc.
- West Pharmaceutical Services Inc.