Medical Devices Outsourcing Market in 2018: Transparency Market Research

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Transparency Market
Research
Medical Devices Outsourcing Market - Global Industry Size, Market Share,
Trends, Analysis, And Forecast 2012 - 2018
Published Date
93 Page Report
19-Dec-2012
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Press Release
Medical Devices Outsourcing Market in 2018: Transparency Market Research
Transparency Market Research
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90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]

REPORT DESCRIPTION
Medical Devices Outsourcing Market - Global Industry Size, Market Share, Trends,
Analysis, And Forecast 2012 - 2018
In this report, all areas associated with the global medical devices outsourcing market have been
labeled and categorized into relevant segments according to the services provided and type of
outsourcing. The research report also provides extensive details on the market drivers and restraints,
while accentuating all the feasible areas of growth. The revenue figures and market values mentioned
in the report are depicted in U.S. dollars. The report also segregates the medical devices outsourcing
market in the four broader regions of North America, Asia Pacific, Europe, and the Rest of the World.
The research document includes a descriptive analysis of the medical devices outsourcing market in
terms of overall growth. Multiple aspects are taken into consideration to evaluate the level of appeal,
including overall promoting factors, market size, and the growth rate. The report creates a
comprehensive landscape of the market using Porter's Five Force Model. The research model
employed utilizes both buyers' and sellers' impacts, distributor rights, emerging competitors, product
alternatives, and the level of competitiveness in the market. It also includes historical analyses that
help generate a clearer area of focus for current market opportunities. All major developments,
financial overviews, and business strategies of the top companies in the medical devices outsourcing
market are listed, along with a SWOT analysis.
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Overview
The process of forming contracts with third-party members for the completion of business related
functions in the field of medical devices is a relatively new concept. Aspects such as product design,
prototyping, manufacturing, and supply chain management form a crucial foundation of data for both
the parties. The functions that were previously performed by in-house teams in the healthcare
companies are now being handled by external assets on a project-based work routine.
This allows the medical device manufacturers to pay more attention on their core competencies such
as technical and clinical innovations. Following the outsourcing boom, the medical devices
outsourcing market is also expected to undergo strong growth over the next few years. Multiple top
manufacturers and emerging ones are opting for outsourcing solutions to manage their device
manufacturing process. New competitors see it as a means to cut costs and gather more resources
for product innovation, or to help compensate for insufficient staff or technology.
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The global medical devices outsourcing market is highly driven by the mounting need for quality
healthcare services. The market is quite diverse as the leaders focus on expanding their portfolio by
acquiring new innovations and products. The services offered by the outsourcing companies include
product design and development, spanning all classes of medical devices. A few firms also offer
regulatory services, product upgrade services, product testing services, and product maintenance
services.

The global medical device outsourcing market was valued at US$21.1 billion in 2012. It will reach an
overall value of US$40.8 billion in 2018, after achieving a CAGR of 11.6 percent from 2012 to 2018.
The product design segment holds about 29 percent of the service market. On the other hand, Class II
devices hold the largest application market share. The main reason for this is the lowered risk
involved and fewer regulatory issues, when compared to the Class III devices. The key market drivers
for the medical devices outsourcing market are the rising cost of raw materials and a rapidly
increasing pressure to maintain market competitiveness to remain profitable. A large number of
medium-sized and emerging healthcare firms find it difficult to stay afloat with a shortage of staff and
raw material, and therefore opt to ease the load using the outsourcing industry.
Browse More Medical Devices Related Research Reports at
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Companies mentioned
The key players in the global medical devices outsourcing market occupy majority share. The list
includes Active Implants Corporation, Accellent Inc., Mdmi Technologies Inc., Cirtec Medical Systems
LLC., Creganna-Tactx Medical, Avail Medical Product, and Micro Systems Engineering GmbH.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Objectives
1.2 About the Report
1.3 Research Methodology and Forecast Assumption
Chapter 2 Executive Summary
Chapter 3 Global Market Analysis
3.1 Industry Structure
3.2 Outsourcing Market for Medical Devices: Current Status and Future Outlook
3.2.1 Market Size and Growth
3.2.2 Market Trend and Forecast
3.3 Classification of Medical Devices
3.3.1 Class I Medical Devices

3.3.2 Class II Medical Devices
3.3.3 Class III Medical Devices
3.4 Medical Device Outsourcing Market Dynamics
3.4.1 Drivers
3.4.2 Restraints
3.4.3 Opportunities
3.5 Analysis of Medical Device Approval Process
3.5.1 Regulatory Hurdles
3.5.2 Issues and Impacts
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3.6 Analysis of Services Outsourcing Opportunity in Medical Devices Segments
3.6.1 Cardiovascular Devices
3.6.2 Orthopedic Devices
3.6.3 Radiology Devices
3.6.4 Anesthesiology Devices
3.6.5 Neurology Devices
3.7 Regional Market Analysis
3.8 Competitive Analysis
Chapter 4 Market Segmentation I: Application Market
4.1 Current Status and Future Market Outlook
4.2 Drivers

4.3 Restraints
4.4 Opportunities
4.5 Class I Medical Devices
4.5.1 Market Size and Forecast
4.5.2 Market Dynamics
4.6 Class II Medical Devices
4.6.1 Market Size and Forecast
4.6.2 Market Dynamics
4.7 Class III Medical Devices
4.7.1 Market Size and Forecast
4.7.2 Market Dynamics
Chapter 5 Market Segmentation II: Services Market
5.1 Adoption Influencers of Services Outsourcing
5.2 Market Evaluation
5.3 Market Trends
5.3.1 Emergence of End-to-End Solution Providers
5.3.2 New Medical Device Tax
5.4 Regulatory Consulting Services
5.4.1 Computer System Validation Service
5.4.2 Market Size and Forecasts
5.4.3 Market Dynamics
5.5 Product Design and Development Services
5.5.1 Market Size and Forecast
5.5.2 Market Dynamics

5.5.2.1 Cost and Time Reduction
5.5.2.2 IP Rights: Opportunity for Earning
5.5.2.3 Increasing Number of New Entrants in Medical Devices Industry
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5.6 Product Testing Services
5.6.1 Reduces Chances of Product Recalls
5.6.2 Market Size and Forecast
5.6.3 Market Dynamicss
5.7 Product Implementation Services
5.7.1 Market Size and Forecast
5.7.2 Market Dynamics
5.8 Product Upgrade Services
5.8.1 Market Size and Forecast
5.8.2 Market Dynamics
5.9 Product Maintenance Services
5.9.1 Market Size and Forecast
5.9.2 Market Dynamics
Chapter 6 Market Segmentation III:Geographic Analysis
6.1 North America Services Outsourcing Market for Medical Devices
6.1.1 Market Trends
6.1.2 North America Services Outsourcing Market Size and Forecast, by Segment

6.2 Europe Services Outsourcing Market for Medical Devices
6.2.1 Market Trends
6.2.2 Europe Services Outsourcing Market Size and Forecast, by Segment
6.3 Asia Pacific Services Outsourcing Market for Medical Devices
6.3.1 Market Trends
6.3.1.1 Growing SEZs
6.3.1.2 Initiatives Towards IPR Protection
6.3.2 Asia Pacific Services Outsourcing Market Size and Forecast, by Segment
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Chapter 7 Company Profiles
7.1 Accellent Inc.
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.1.4 SWOT Analysis
7.2 Active Implants Corporation
7.2.1 Company Overview
7.2.2 Business Strategies
7.2.3 Product/Services
7.2.4 SWOT Analysis
7.3 Cirtec Medical Systems LLC
7.3.1 Company Overview

7.3.2 Business Strategies
7.3.3 Product/Services
7.3.4 SWOT Analysis
7.4 Mdmi Technologies Inc.
7.4.1 Company Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.4.4 Product/Services
7.4.5 SWOT Analysis
7.5 Micro Systems Engineering Gmbh
7.5.1 Company Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.5.4 SWOT Analysis
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7.6 Creganna-Tactx Medical
7.6.1 Company Overview
7.6.2 Product/Services
7.6.3 Business Strategy
7.6.4 Recent Developments
7.6.5 SWOT Analysis
7.7 Avail Medical Product

7.7.1 Company Overview
7.7.2 Product/Services
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-
looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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