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Medical devices outsourcing market global industry trends &analysis

by on Jan 02, 2013

  • 1,597 views

Medical devices outsourcing is the process of contracting with a third party for performing business functions like product design, manufacturing, prototyping, and supply chain management. These ...

Medical devices outsourcing is the process of contracting with a third party for performing business functions like product design, manufacturing, prototyping, and supply chain management. These functions were initially carried out internally by medical companies. By offering third party manufacturers to perform these processes, medical device manufacturers can focus on their core competencies like clinical and technical innovations.

The medical devices outsourcing market is experiencing tremendous growth as many manufacturers are opting to outsource their device manufacturing process. The demand for medical devices outsourcing is increasing as many new entrants are occupying the market and the supporting medical devices companies may not have sufficient staff or technology to develop competitive products.

Segmentation

The global medical devices service outsourcing market can be segmented into the following categories:

Product design and development services
Regulatory consulting services
Product testing services
Product implementation services
Product upgrade services
Product maintenance services.


The global medical devices application outsourcing market can be segmented into the following categories - Class I Medical Devices, Class II Medical Devices, and Class III Medical Devices. Based on the medical devices types, we can further segment the market into the following categories:

Cardiovascular Devices
Orthopedic Devices
Radiology Devices
Anesthesiology Devices
Neurology Devices.


Apart from the analysisof these segments classified based on services and application, the geographic segmentationof global medical device outsourcing across the following regions is also included in the report as an aid in strategic decision making.

North America
Europe
Asia-Pacific
RoW (Restof World)

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Medical devices outsourcing market   global industry trends &analysis Medical devices outsourcing market global industry trends &analysis Document Transcript