DUBLIN--(BUSINESS WIRE)--The "Medical Device Outsourcing Market by Product, by Device Type, by Application, by Service, by Geography - Global Market Size, Share, Development, Growth and Demand Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering.
Some of the prominent factors driving the growth of the market include increasing regulatory adherence, growing aging population and increasing prevalence of chronic diseases.
The medical device outsourcing market is categorized as electronics, raw materials/components, and finished goods, on the basis of products offered. Finished goods such as disposable devices and surgical equipment/instruments are expected to witness fastest growth in demand, with the CAGR of 10.1% during the forecast period. Medical device manufacturers are actively outsourcing the production of their finished goods especially with low product differentiations to reduce the overall cost of production and marketing.
Among the different applications of medical device outsourcing, general medical devices contributed largest revenue in the global market, with a 25.9% share in 2016. General medical devices such as drug delivery devices, surgical devices, diagnostic consumables, and inhalation drug delivery devices are increasingly being outsourced by the medical device industry players, since these devices have a high market demand from healthcare providers.
- APAC is the Fastest Growing Market for Medical Device Outsourcing
- Key Players Focus on Business Expansions and Acquisitions to Gain a Larger Market Share
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. North America Market Size and Forecast
7. Europe Market Size and Forecast
8. APAC Market Size and Forecast
9. LAMEA Market Size and Forecast
10. Competitive Landscape
11. Company Profiles
- Cardinal Health, Inc.
- Onex Corporation
- Heraeus Holding GmbH
- TE Connectivity Ltd.
- Flex Ltd.
- Integer Holdings Corporation
- Nortech Systems Incorporated
- Plexus Corp
- Sanmina Corporation
- West Pharmaceutical Services, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/v7bk93/global_medical?w=4