DUBLIN--(BUSINESS WIRE)--Jun 11, 2018--The "Medical Device Outsourcing Market by Product - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global medical device outsourcing market generated $44,326 million in 2016, and is projected to reach $83,952 million by 2023, registering a CAGR of 9.5% during the study period.

Medical devices outsourcing is the process of contracting a third party for various business purposes such as manufacturing, product designing, prototyping, and supply chain management. This process enables the original equipment manufacturers (OEMs) to reduce the labor cost and production time-scale, thus increasing its demand in the market.

The increase in prices of medical devices, growth in geriatric population, and rise in demand for efficient disease screening and detection techniques, are the major factors that drive the growth of the medical devices outsourcing market. However, threat of loss of confidential information restraints the market growth.

The global medical device outsourcing market is segmented based on product, device regulation type, application, service, and region. Based on product, it is classified into raw materials, electronics, and finished goods. Based on device type, it is divided into class I, II, and III devices. Based on application, it is categorized into orthopedic & spine, cardiovascular, radiology, general medical devices, and others. Based on service provided, it is classified into prototype development, finished device manufacturing, assembly & packaging, and testing & regulatory support services. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Medical Device Outsourcing Market, By Product

Chapter 5 Medical Device Outsourcing Market, By Services

Chapter 6 Medical Device Outsourcing Market, By Application

Chapter 7 Medical Device Outsourcing Market, By Device Type

Chapter 8 Medical Device Outsourcing Market, By Region

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/j9x6m3/global_medical?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180611005499/en/

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Related Topics:Medical Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

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PUB: 06/11/2018 06:53 AM/DISC: 06/11/2018 06:53 AM

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