Medical Device Outsourcing Market

Medical devices outsourcing is the practice of hiring a third party for different business purposes such as manufacturing, supply chain management, prototyping, and product designing. They help the OEM to decrease their production time and labor cost. Outsourcing of medical devices is comparatively a new concept to concentrate on the core skills of the business, such as technological and clinical advances. They have the ability to provide different services such as regulatory affair services, product testing, product maintenance services, product design & development, product maintenance services, and contract manufacturing.

Medical Device Outsourcing Market contains market size and forecasts of Medical Device Outsourcing in Global, including the following market information:

Global Medical Device Outsourcing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Medical Device Outsourcing market was valued at 76370 million in 2021 and is projected to reach US$ 142160 million by 2028, at a CAGR of 9.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Finished Goods Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Medical Device Outsourcing include Cardinal Health Inc., Jabil, Heraeus Holding GmbH, Flex Ltd., TE Con??nectivity Ltd., Sanmina, Celestica, SGS SA and Eurofins Scientific, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Medical Device Outsourcing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Medical Device Outsourcing Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Medical Device Outsourcing Market Segment Percentages, by Type, 2021 (%)

Finished Goods

Electronics

Raw Materials

Global Medical Device Outsourcing Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Medical Device Outsourcing Market Segment Percentages, by Application, 2021 (%)

Cardiology

Diagnostic Imaging

Orthopedic

IVD

Ophthalmic

General and Plastic Surgery

Drug Delivery

Global Medical Device Outsourcing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Medical Device Outsourcing Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Medical Device Outsourcing revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Medical Device Outsourcing revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Cardinal Health Inc.

Jabil

Heraeus Holding GmbH

Flex Ltd.

TE Con??nectivity Ltd.

Sanmina

Celestica

SGS SA

Eurofins Scientific

Intertek Group

PPD

Tecomet

Integer

Wuxi Apptec