U.S. Medical Device Outsourcing Market Worth USD 27.8 Billion by 2022 - Analysis, Technologies & Forecasts Report 2016-2022 - Key Vendors: Accellent, Active Implants, MDMI Technologies - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "U.S. Medical Device Outsourcing Market Analysis By Application, By Services And Segment Forecasts To 2022" report to their offering.

The U.S. medical device outsourcing market is expected to reach USD27.8 billion by 2022. Increasing geriatric population base, surgical procedures and demand for cost curbing tools are some key growth drivers for the U.S. medical device outsourcing market.

The medical device industry has become competitive and categories such as coronary stents, orthopedic devices, and wound care are moving towards maturity. As high-impact scientific innovation in the above categories is difficult to identify, smaller companies are gaining market share by offering low prices and introducing innovative business models.

Due to the convergence of mounting challenges and changing market dynamics, many medical device manufacturers have opted for outsourcing business models to reduce cost, manage business risks, and improve service delivery. All the aforementioned facts are hence expected to propel market growth over the forecast period.

Class II medical devices are expected to dominate the overall market throughout the forecast period, with revenue share estimated at over 48.0% in 2022. Relatively lower associated risk levels compared to class III devices coupled with increasing demand for self care equipment such as powered wheelchairs, infusion pumps etc. are expected to boost the segment growth over the forecast period.

Companies Mentioned:

  • Accellent Inc.
  • Active Implants Corporation LLC
  • MDMI Technologies Inc.
  • Kinetics Climax, Inc
  • Omnica Corporation
  • Teleflex Medical OEM
  • Avail Medical Products, Inc.

Report Structure:

1 Methodology and Scope

2 Executive Summary

3 Medical Device Outsourcing Industry Outlook

4 U.S. Medical Device Outsourcing Application Outlook

5 Medical Device Outsourcing Service Outlook

6 Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/6dxrcv/u_s_medical

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Medical Devices, Consulting and Outsourcing

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Medical Devices, Consulting and Outsourcing