Medical device manufacturing outsourcing allows medical technology companies or startups to focus on their core competencies.At the same time, it reduce the disadvantage that quality control and regulatory compliance will continue to drive up total costs in addition to creating skilled equipment and demanding manufacturing capacity for the equipment.
This report contains market size and forecasts of Medical Device Manufacturing Outsourcing in Global, including the following market information:
Global Medical Device Manufacturing Outsourcing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Medical Device Manufacturing Outsourcing market was valued at 80170 million in 2021 and is projected to reach US$ 124880 million by 2028, at a CAGR of 6.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Full-Managed Outsourcing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Medical Device Manufacturing Outsourcing include Nortech Systems, Tecomet, FLEX, Creganna Tactx Medical, Greatbatch, Daiichi Jitsugyo, Mitutoyo, Hamilton Company and Cirtec Medical Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medical Device Manufacturing 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 Manufacturing Outsourcing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Medical Device Manufacturing Outsourcing Market Segment Percentages, by Type, 2021 (%)
Full-Managed Outsourcing
Co-Managed Outsourcing
Global Medical Device Manufacturing Outsourcing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Medical Device Manufacturing Outsourcing Market Segment Percentages, by Application, 2021 (%)
Ortho & spine
Cardiovascular
Medical imaging
IVDs
General medical devices
Others
Global Medical Device Manufacturing Outsourcing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Medical Device Manufacturing 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 Manufacturing Outsourcing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Medical Device Manufacturing Outsourcing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nortech Systems
Tecomet
FLEX
Creganna Tactx Medical
Greatbatch
Daiichi Jitsugyo
Mitutoyo
Hamilton Company
Cirtec Medical Systems
Kinetic Climax
Celestica
Integer
TE Connectivity
Sanbor Medical