Medical Device Outsourced Manufacturing Market - Global Industry Analysis

Medical Device Outsourced Manufacturing Market By Service (Contract Manufacturing, Quality Assurance and others), By Application (Plastic Surgery, Cardiology and others), By Device Type (Diabetes, Cardiovascular, Endoscopy, Dental and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028

Published Date: 09-Jul-2021 Category: Pharmaceutical Report Format : PDF Pages: 140 Report Code: ZMR-6231 Status : Published

The Global Medical Device Outsourced Manufacturing Market accounted for USD 13.10 Billion in 2020 and is expected to reach USD 37.63 Billion by 2028, growing at a CAGR of 14.1% from 2021 to 2028.

Description

Medical Device Outsourced Manufacturing Market: Overview

The Global Medical Device Outsourced Manufacturing Market accounted for USD 13.10 Billion in 2020 and is expected to reach USD 37.63 Billion by 2028, growing at a CAGR of 14.1% from 2021 to 2028.

A medical Device can be defined as an apparatus, machine, or instrument which is intended to affect the structure or any function of the body of the man or animal and which is mainly intended for the use of diagnosis of a disease, treatment, or prevention of disease in man or other animals. Due to increasing healthcare costs, there has been immense pressure on medical device companies to reduce the time required to bring a medical device to the market and carry out other streamlining processes. Therefore, outsourcing the manufacturing of medical devices has been helpful for the industry as it takes into account all the factors right from the development of the device to bringing it to the market. The market is primarily driven by the increasing demand for medical devices along with the rising price competition. The number of healthcare providers offering telemedicine services during the COVID-19 pandemic has increased in order to reduce unnecessary in-person visits. Also, manufacturers are increasingly adopting robotics and automated solutions to help manage increasing labor costs and difficulties in recruiting medical manufacturing workers.

COVID-19 Impact Analysis

The COVID-19 pandemic has significantly affected the Medical Device Outsourced Manufacturing market. The pandemic has caused major disruption in the supply chain market which has led to shortages and slowing of the production of medical devices. This has led to the need for scalable manufacturing operations among OEMs, for those undertaking the production of test kits and diagnostic systems. But the current pandemic was a booster for the product sterilization services. As long as the pandemic continues, the demand to sterilize single-use medical instruments and Personal Protective Equipment will remain high.

Medical Device Outsourced Manufacturing Market: Growth Factors

The increasing demand for medical devices along with the rising price competition is one of the major reasons for the demand for the Medical Device Outsourced Market. The rising number of manufacturers and the growing difficulties in product engineering are the factors fueling the demand.

The rising prevalence of chronic diseases is increasing the demand for Medical devices. This is helping the market as Implantable Medical Devices (IMDs) are used widely to improve patients’ medical outcomes. This makes the designers of IMDs balance reliability, power consumption, costs, and complexity. This has led to companies shifting towards innovation and manufacturing well-designed medical devices. The changes in the ISO standards are expected to increase the demand for quality assurance and regulatory affairs across the globe while manufacturing Medical devices.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Service Analysis Preview

This is estimated to dominate the market due to the increasing focus on decreasing the cost of production. The increasing complexity in manufacturing is also contributing to the contract manufacturing segment. Medical device manufacturers concentrate on manufacturing high-quality and safe devices for patient care. The increasing layers of standards and regulations combined with a high level of inspection in developing medical devices have created the demand for manufacturing devices.

Application Analysis Preview

The availability of competent outsourcing firms who are capable of manufacturing medical devices for surgery and their compliance with the regulatory requirements has boosted the demand for this segment. Also, there has been the introduction of various invasive and non-invasive procedures which has increased the number of surgeries performed every year. Due to this, there has been a rising demand for innovative and procedure-specific devices.

Device Type Analysis Preview

The high prevalence of cardiovascular conditions is boosting the demand for the increased outsourcing of cardiovascular devices. There is also a great need for technical expertise in cardiovascular devices, which has led to the increasing outsourcing of this kind of device. Also, the associated complexity of cardiovascular devices has increased its overall outsourcing.

The increasing diabetic population and the rising awareness of diabetes treatment are major drivers for this segment. Also, there have been favorable national healthcare strategies that have been promoting the use of such devices. The growing technological innovations and connected diabetes care devices are also the factors responsible to boost the demand for Medical devices for the diabetes segment.

Medical Device Outsourced Manufacturing Market: Regional Analysis Preview

North America held a share of 37% in 2020. This is due to the factors such as well-established manufacturing hubs for complex medical devices and the technologically developed electronic sector. There are also many medical device companies present in this region that are outsourcing part of their regulatory functions to regulatory service providers, thus increasing the overall demand of the market.

Asia-Pacific is expected to have a CAGR of 17.3% from 2021 to 2028 and is the leading region for the Medical Device Outsourced Manufacturing market. The demand is due to the easy availability of skilled human resources. Also, there are many key companies present in this region also the competitive pricing factor is contributing to the high demand in this market in this region. The increasing number of chronic diseases is also fueling the overall demand in this region. The increasing inclination towards home care and the growing expenditure on healthcare infrastructure are also factors contributing to the growth in this region.

Medical Device Outsourced Manufacturing Market: Key Players & Competitive Landscape

Some of the key players in the Medical Device Outsourced Manufacturing market include Iqvia, Toxikon, Inc., SGS SA, Eurofins Scientific SE, Pace Analytical Services, WuXi AppTec, Inc., Intertek Group plc, North American Science Associates, Paraxel International Corp, Charled River Laboratories International Inc., Jabil Circuit Inc., Plexus Corp, Sanmina Corporation, Nortech Systems, TE Connectivity, Celestica Inc., Flextronics International Ltd, Onex Corporation, West Pharmaceutical Services, Inc. and Cardinal Health Inc among others.

In 2021, ARCH Global Precision acquired LISI Medical Jeropa Inc., a leading manufacturer of high-precision medical implants, devices, and instruments used for various reasons such as dental, orthopedic, and cardiovascular markets. The acquisition has increased the core features and competencies of ARCH Global Precision and also provides a strategic location for the manufacturing demands across the United States.

The Global Medical Device Outsourced Manufacturing Market is segmented as follows:

By Service

  • Contract Manufacturing
  • Quality Assurance

By Application

By Device Type

  • Diabetes
  • Cardiovascular
  • Endoscopy
  • Dental

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

  • Chapter No. 1. Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2. Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Service
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Device Type
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Medical Device Outsourced Manufacturing Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3. COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4. Medical Device Outsourced Manufacturing Market – Service Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Service, 2020 & 2028
    • 4.2. Contract Manufacturing
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Quality Assurance
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5. Medical Device Outsourced Manufacturing Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Plastic Surgery
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Cardiulogy
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6. Medical Device Outsourced Manufacturing Market – Device Type Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Device Type, 2020 & 2028
    • 6.2. Diabetes
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Cardiovascular
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Endoscopy
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Dental
      • 6.5.1. Market Size and Forecast, By Region (USD Million)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7. Medical Device Outsourced Manufacturing Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Service, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Device Type, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Service, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Device Type, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Service, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Device Type, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Service, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Device Type, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Service, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Device Type, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Service, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Device Type, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Service, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Application, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Device Type, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Service, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Device Type, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Service, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Device Type, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Service, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Device Type, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Service, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Device Type, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Service, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Device Type, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Service, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Application, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Device Type, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Service, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Device Type, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Service, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Application, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Device Type, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Service, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Device Type, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Service, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Device Type, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Service, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Device Type, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Service, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Device Type, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Service, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Device Type, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Service, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Device Type, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Service, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Device Type, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Service, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Device Type, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Service, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Device Type, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Service, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Device Type, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Service, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Device Type, 2016 – 2028
  • Chapter No. 8. Medical Device Outsourced Manufacturing Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technology Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9. Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Medical Device Outsourced Manufacturing Market: Company Market Share, 2019
      • 9.1.2. Global Medical Device Outsourced Manufacturing Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Medical Device Outsourced Manufacturing Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Medical Device Outsourced Manufacturing Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10. Company Profiles
    • 10.1. Iqvia
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfolio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Toxikon Inc.
    • 10.3. SGS SA
    • 10.4. Eurofins Scientific SE
    • 10.5. Pace Analytical Services
    • 10.6. WuXi AppTec Inc.
    • 10.7. Intertek Group plc
    • 10.8. North American Science Associates
    • 10.9. Paraxel International Corp
    • 10.10. Charled River Laboratories International Inc.
    • 10.11. Jabil Circuit Inc.
    • 10.12. Plexus Corp
    • 10.13. Sanmina Corporation
    • 10.14. Nortech Systems
    • 10.15. TE Connectivity
    • 10.16. Celestica Inc.
    • 10.17. Flexitronics International Ltd
    • 10.18. Onex Corporation
    • 10.19. West Pharmaceutical Services Inc.
    • 10.20. Cardinal Health Inc
  • Chapter No. 11. Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12. Research Methodology
    • 12.1. Research Methodology
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Table Of Figures

List of Figures

FIG NO. 1. Market Attractiveness Analysis, By Service
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Device Type
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Medical Device Outsourced Manufacturing Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Service, 2020 & 2028
FIG NO. 8. Global Medical Device Outsourced Manufacturing Market for Contract Manufacturing, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Contract Manufacturing, By Country, 2020 & 2028
FIG NO. 10. Global Medical Device Outsourced Manufacturing Market for Quality Assurance, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Quality Assurance, By Country, 2020 & 2028
FIG NO. 12. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 13. Global Medical Device Outsourced Manufacturing Market for Plastic Surgery, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Plastic Surgery, By Country, 2020 & 2028
FIG NO. 15. Global Medical Device Outsourced Manufacturing Market for Cardiology, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Cardiology, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By Device Type, 2020 & 2028
FIG NO. 18. Global Medical Device Outsourced Manufacturing Market for Diabetes, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Diabetes, By Country, 2020 & 2028
FIG NO. 20. Global Medical Device Outsourced Manufacturing Market for Cardiovascular, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Cardiovascular, By Country, 2020 & 2028
FIG NO. 22. Global Medical Device Outsourced Manufacturing Market for Endoscopy, Revenue (USD Million) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Endoscopy, By Country, 2020 & 2028
FIG NO. 24. Global Medical Device Outsourced Manufacturing Market for Dental, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Medical Device Outsourced Manufacturing Market for Dental, By Country, 2020 & 2028
FIG NO. 26. Global Medical Device Outsourced Manufacturing Market Revenue Share, By Region, 2020 & 2028
FIG NO. 27. North America Medical Device Outsourced Manufacturing Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 28. Porter’s Five Forces Analysis for Global Medical Device Outsourced Manufacturing Market
FIG NO. 29. PEST Analysis for Global Medical Device Outsourced Manufacturing Market
FIG NO. 30. Pricing Analysis for Global Medical Device Outsourced Manufacturing Market
FIG NO. 31. Value Chain Analysis for Global Medical Device Outsourced Manufacturing Market
FIG NO. 32. Company Share Analysis, 2019
FIG NO. 33. Radar Determinant Chart, 2019
FIG NO. 34. Company Strategic Developments – Heat Map Analysis
FIG NO. 35. Iqvia Business Segment Revenue Share, 2020 (%)
FIG NO. 36. Iqvia Geographical Segment Revenue Share, 2020 (%)
FIG NO. 37. Market Channels
FIG NO. 38. Marketing Channel Development Trend
FIG NO. 39. Growth in World Gross Product, 2008-2018
FIG NO. 40. Research Methodology – Detailed View
FIG NO. 41. Research Methodology


Table Of Tables

List of Tables

TABLE NO. 1. Global Medical Device Outsourced Manufacturing Market: Snapshot
TABLE NO. 2. Quarterly Medical Device Outsourced Manufacturing Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Medical Device Outsourced Manufacturing Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Medical Device Outsourced Manufacturing Market for Contract Manufacturing, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Medical Device Outsourced Manufacturing Market for Quality Assurance, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Medical Device Outsourced Manufacturing Market for Plastic Surgery, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Medical Device Outsourced Manufacturing Market for Cardiology, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Medical Device Outsourced Manufacturing Market for Diabetes, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Medical Device Outsourced Manufacturing Market for Cardiovascular, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Medical Device Outsourced Manufacturing Market for Endoscopy, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Medical Device Outsourced Manufacturing Market for Dental, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Medical Device Outsourced Manufacturing Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Medical Device Outsourced Manufacturing Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Medical Device Outsourced Manufacturing Market Revenue, By Service, 2016 – 2028 (USD Million)
TABLE NO. 17. North America Medical Device Outsourced Manufacturing Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 18. North America Medical Device Outsourced Manufacturing Market Revenue, By Device Type, 2016 – 2028 (USD Million)
TABLE NO. 19. U.S. Medical Device Outsourced Manufacturing Market Revenue, By Service, 2016 – 2028 (USD Million)
TABLE NO. 20. U.S. Medical Device Outsourced Manufacturing Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 21. U.S. Medical Device Outsourced Manufacturing Market Revenue, By Device Type, 2016 – 2028 (USD Million)
TABLE NO. 22. Canada Medical Device Outsourced Manufacturing Market Revenue, By Service, 2016 – 2028 (USD Million)
TABLE NO. 23. Canada Medical Device Outsourced Manufacturing Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 24. Canada Medical Device Outsourced Manufacturing Market Revenue, By Device Type, 2016 – 2028 (USD Million)
TABLE NO. 25. Mexico Medical Device Outsourced Manufacturing Market Revenue, By Service, 2016 – 2028 (USD Million)
TABLE NO. 26. Mexico Medical Device Outsourced Manufacturing Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 27. Mexico Medical Device Outsourced Manufacturing Market Revenue, By Device Type, 2016 – 2028 (USD Million)
TABLE NO. 28. Drivers for the Medical Device Outsourced Manufacturing Market: Impact Analysis
TABLE NO. 29. Restraints for the Medical Device Outsourced Manufacturing Market: Impact Analysis
TABLE NO. 30. Major Buyers of Medical Device Outsourced Manufacturing
TABLE NO. 31. Distributors/Traders List of Medical Device Outsourced Manufacturing
TABLE NO. 32. Global Medical Device Outsourced Manufacturing Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 33. Global Medical Device Outsourced Manufacturing Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)

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FrequentlyAsked Questions

The Global Medical Device Outsourced Manufacturing Market was valued at USD 13.10 Billion in 2020.

The Global Medical Device Outsourced Manufacturing Market is expected to reach USD 37.63 Billion by 2028, growing at a CAGR of 14.1% between 2021 to 2028.

Some of the key factors driving the Global Medical Device Outsourced Manufacturing Market growth are the increasing demand for the medical devices along with the rising price competition , the rising number of manufacturers and the growing difficulties in the product engineering.

Asia-Pacific is expected to have the CAGR of 17.3% from 2021 to 2028. The demand is due to the easy availability of skilled human resources. Also, there are many key companies present in this region also the competitive pricing factor is contributing to high demand of this market in this region. The increasing number of chronic diseases is also fueling the overall demand in this region. The increasing inclination towards homecare and the growing expenditure towards healthcare infrastructure are the also factors contributing the growth in this region.

Some of the key players in the Medical Device Outsourced Manufacturing market include Iqvia, Toxikon, Inc., SGS SA, Eurofins Scientific SE, Pace Analytical Services, WuXi AppTec, Inc., Intertek Group plc, North American Science Associates, Paraxel International Corp, Charled River Laboratories International Inc., Jabil Circuit Inc., Plexus Corp, Sanmina Corporation, Nortech Systems, TE Connectivity, Celestica Inc., Flexitronics International Ltd, Onex Corporation, West Pharmaceutical Services, Inc. and Cardinal Health Inc among others.

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