Global Medical Device Outsourcing Market Growth (Status and Outlook) 2023-2029

Global Medical Device Outsourcing Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Medical Device Outsourcing Industry Forecast” looks at past sales and reviews total world Medical Device Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Device Outsourcing sales for 2023 through 2029. With Medical Device Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Device Outsourcing industry.
This Insight Report provides a comprehensive analysis of the global Medical Device Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Device Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Device Outsourcing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Device Outsourcing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Device Outsourcing.
The global Medical Device Outsourcing market size is projected to grow from US$ 72610 million in 2022 to US$ 142050 million in 2029; it is expected to grow at a CAGR of 10.1% from 2023 to 2029.
Major producers in the sector include Cardinal Health Inc., Jabil and Heraeus Holding GmbH, which accounted for 15.52%, 9.03% and 8.17% of revenue in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Device Outsourcing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Finished Goods
Electronics
Raw Materials
Segmentation by application
Cardiology
Diagnostic Imaging
Orthopedic
IVD
Ophthalmic
General and Plastic Surgery
Drug Delivery
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.