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Global Medical Device Outsourcing Market to 2027

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    Report

  • 155 Pages
  • February 2022
  • Region: Global
  • Qualiket Research
  • ID: 5561468
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.

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
Frequently Asked Questions about the Global Medical Device Outsourcing Market

What is the estimated value of the Global Medical Device Outsourcing Market?

The Global Medical Device Outsourcing Market was estimated to be valued at $80480 Million in 2020.

What is the growth rate of the Global Medical Device Outsourcing Market?

The growth rate of the Global Medical Device Outsourcing Market is 9.9%, with an estimated value of $160510 Million by 2027.

What is the forecasted size of the Global Medical Device Outsourcing Market?

The Global Medical Device Outsourcing Market is estimated to be worth $160510 Million by 2027.

Who are the key companies in the Global Medical Device Outsourcing Market?

Key companies in the Global Medical Device Outsourcing Market include 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 and ICON Plc.

Table of Contents

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 Orthopaedic
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
8.4.1 USA
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
9.4.1 Germany
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
10.3 Asia Pacific Medical Device Outsourcing Market Analysis, By Application
10.4 Asia Pacific Medical Device Outsourcing Market Analysis, By Country
10.4.1 China
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
11.3 Latin 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
12.3 Middle East & Africa Medical Device Outsourcing Market Analysis, By Application
13. Competition Analysis
13.1 Competition Dashboard
13.2 Market 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.

Companies Mentioned

  • 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
  • Plexus Corp.