FutureWiseResearch: Global Market Research Reports, USA, UK

Overview

Medical device contract manufacturing Market Overview:

According to FutureWise analysis the market for medical device contract manufacturing in 2023 is US$ 79.05 billion, and is expected to reach US$ 182.43 billion by 2031 at a CAGR of 11.02%.

The rising demand for medical devices owing to improving healthcare infrastructure and lower cost of raw materials are increasing the market size. The growing adoption of technologically advanced products is triggering market growth. Increased life expectancy along with rising geriatric population is further positively influencing the market. An increase in healthcare expenditure alongside rising patient awareness is also inflating the medical device contract manufacturing market size.

The market is divided into device type, by service, by class of device and by region. Based on device type, IVD devices are expected to control the growth of the market. Technological advancements such as automation and high-throughput capabilities are stimulating the market. The rapid expansion of clinical laboratories and hospitals in emerging economies alongside advancements made in the area of life science is complementing the growth of the market.

In terms of service, the development and manufacturing services segment are expected to hold a vast share of the market. Expansion of medical devices industry and expensive cost for in-house manufacturing of medical devices with low returns on investment are increasing the demand for the development and manufacturing services segment thus expanding the market. Based on the class of devices, class II medical devices are expected to be the front runner of the market owing to a low number of regulatory compliance issues related to class II medical devices.

Based on the region, North America dictates the growth of the market. Rising awareness among health care providers regarding medical devices coupled with favourable government initiatives is stimulating the growth of the market in the region. Constant innovation and evolution of advanced medical device products are further bolstering the market in the region.
Increase in manufacturing sites and technological advancements are expected to stimulate the market in regions like Asia-Pacific and Europe.

Major players included in the Medical Device Contract Manufacturing Market

Flex Ltd.
Jabil Inc.
Consort Medical PLC
Tessy Plastics
Nemera
Tecomet
Nordson Corporation
Kimball Electronics Inc.
Teleflex Incorporated
Nortech Systems, Inc.
Gerresheimer AG
Celestica Inc.
Plexus Corporation
TE Connectivity, Ltd.
Nipro Corporation
Benchmark Electronics
Integer Holdings Corporation.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Medical Device Contract Manufacturing Market Segmentation:

By Device

IVD Devices
- IVD Consumables
- IVD Equipment
Diagnostic Imaging Devices
Cardiovascular Devices
Drug Delivery Devices
- Syringes
- Autoinjectors and Pen Injectors
- Inhalers
Orthopedic Devices
Ophthalmology Devices
Diabetes Care Devices
Dental Devices
Endoscopy Devices
Other Devices

By Service

Device Development and Manufacturing Services
- Device Manufacturing Services
- Process Development Services
- Device Engineering Services
Quality Management Services
- Packaging Validation Services
- Inspection and Testing Services
- Sterilization Services
Packaging and Assembly Services
- Primary and Secondary Packing Services
- Labelling Services
- Other Packaging and Assembly Services
Other Services

By Class of Device

Class II Medical Devices
Class I Medical Devices
Class III Medical Devices

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Key Takeaways:

Growth Prospects
SWOT Analysis
Key Trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global medical device contract manufacturing market By Device, By Service, By Class of Device and By Region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
Evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East and Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

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1. Market Introduction
- 1. Objectives of the Study
  2. Market Definition
  3. Market Scope
  3.1. Years Considered for the Study
  3.2. Market Covered
  4. Currency
  5. Limitations
  6. Stakeholders
2. Research Methodology
- 1. Research Data
  1.1. Secondary Data
  1.1.1. Key Data from Secondary Sources
  1.2. Primary Data
  1.2.1. Key Data from Primary Sources
  2. Market Size Estimation
  3. Market Breakdown and Data Triangulation
  4. Assumptions for the Study
3. Executive Summary
- 1. Market Outlook
  2. Segment Outlook
  3. Competitive Insights
4. Medical Device Contract Manufacturing Market Variables, Trends and Scope
- 1. Market Lineage Outlook
  2. Penetration and Growth Prospect Mapping
  3. Industry Value Chain Analysis
  4. Cost Analysis Breakdown
  5. Technology Overview
  6. Regulatory Framework
  6.1. Reimbursement Framework
  6.2. Standards and Compliances
5. Market Overview
- 1. Market Dynamics
  1.1. Market Driver Analysis
  1.1.1. Increasing focus of Medical Device Contract Manufacturing Market Companies on Brand Protection
  1.1.2. Untapped Opportunities in Emerging Regions
  1.2. Market Restraint Analysis
  1.2.1. High Cost Associated with Implementation of Predictive Analysis
  1.3. Industry Challenges
  1.3.1. Presence of Ambiguous Regulatory Framework
6. Medical Device Contract Manufacturing Market Analysis Tools
- 1. Industry Analysis - Porter’s
  1.1. Supplier Power
  1.2. Buyer Power
  1.3. Substitution Threat
  1.4. Threat from New Entrants
  1.5. Competitive Rivalry
  2. Pestel Analysis
  2.1. Political Landscape
  2.2. Environmental Landscape
  2.3. Social Landscape
  2.4. Technology Landscape
  2.5. Legal Landscape
  3. Major Deals And Strategic Alliances Analysis
  3.1. Joint Ventures
  3.2. Mergers and Acquisitions
  3.3. Licensing and Partnership
  3.4. Technology Collaborations
  3.5. Strategic Divestments
  4. Market Entry Strategies
  5. Case Studies
7. Medical Device Contract Manufacturing Market, By Device Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. IVD Devices
  1.1. IVD Consumables
  1.2. IVD Equipment
  2. Diagnostic Imaging Devices
  3. Cardiovascular Devices
  4. Drug Delivery Devices
  4.1. Syringes
  4.2. Autoinjectors and Pen Injectors
  4.3. Inhalers
  5. Orthopedic Devices
  6. Ophthalmology Devices
  7. Diabetes Care Devices
  8. Dental Devices
  9. Endoscopy Devices
  10.Other Devices
8. Medical Device Contract Manufacturing Market, By Service Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Device Development and Manufacturing Services
  1.1. Device Engineering Services
  1.2. Process Development Services
  1.3. Device Manufacturing Services
  2. Quality Management Services
  2.1. Packaging Validation Services
  2.2. Inspection and Testing Services
  2.3. Sterilization Services
  3. Packaging and Assembly Services
  3.1. Primary and Secondary Packing Services
  3.2. Labelling Services
  3.3. Other Packaging and Assembly Services
  4. Other Services
9. Medical Device Contract Manufacturing Market, By Class of Device Historical Analysis and Forecast 2023-2031 (USD Million)
- 1. Class I Medical Devices
  2. Class II Medical Devices
  3. Class III Medical Devices
10. North America Medical Device Contract Manufacturing Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. U.S.A
  2.2. Canada
  2.3. Mexico
  3. Market Size (USD Million) Forecast for North America 2023-2031
11. Latin America Medical Device Contract Manufacturing Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Brazil
  2.2. Venezuela
  2.3. Argentina
  2.4. Rest of Latin America
  3. Market Size (USD Million) Forecast for Latin America 2023-2031
12. Europe Medical Device Contract Manufacturing Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Germany
  2.2. U.K
  2.3. France
  2.4. Italy
  2.5. Spain
  2.6. Russia
  2.7. Poland
  2.8. Rest of Europe
  3. Market Size (USD Million) Forecast for Europe 2023-2031
13. Asia Pacific Medical Device Contract Manufacturing Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. Japan
  2.2. China
  2.3. India
  2.4. Australia and New Zealand
  2.5. ASEAN
  2.6. Rest of Asia Pacific
  3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031
14. Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
- 1. Introduction
  2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
  2.1. GCC
  2.2. Israel
  2.3. South Africa
  2.4. Rest of MEA
  3. Market Size (USD Million) Forecast for MEA 2023-2031
15. Market Share Analysis and Competitive Landscape
- 1. Global Landscape - Key Players, Revenue and Presence
  2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
  3. Global Emerging Companies
  4. North America - Market Share Analysis and Key Regional Players
  5. Europe - Market Share Analysis and Key Regional Players
  6. Asia Pacific - Market Share Analysis and Key Regional Players
  7. Global Key Player - Growth Matrix
16. Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
- 1. Flex Ltd.
  1.1. Company Overview
  1.2. Product Portfolio
  1.3. SWOT Analysis
  1.4. Financial Overview
  1.5. Strategic Overview
  2. Jabil Inc.
  2.1. Company Overview
  2.2. Product Portfolio
  2.3. SWOT Analysis
  2.4. Financial Overview
  2.5. Strategic Overview
  3. Consort Medical PLC
  3.1. Company Overview
  3.2. Product Portfolio
  3.3. SWOT Analysis
  3.4. Financial Overview
  3.5. Strategic Overview
  4. Tessy Plastics
  4.1. Company Overview
  4.2. Product Portfolio
  4.3. SWOT Analysis
  4.4. Financial Overview
  4.5. Strategic Overview
  5. Nemera
  5.1. Company Overview
  5.2. Product Portfolio
  5.3. SWOT Analysis
  5.4. Financial Overview
  5.5. Strategic Overview
  6. Tecomet
  6.1. Company Overview
  6.2. Product Portfolio
  6.3. SWOT Analysis
  6.4. Financial Overview
  6.5. Strategic Overview
  7. Nordson Corporation
  7.1. Company Overview
  7.2. Product Portfolio
  7.3. SWOT Analysis
  7.4. Financial Overview
  7.5. Strategic Overview
  8. Kimball Electronics Inc.
  8.1. Company Overview
  8.2. Product Portfolio
  8.3. SWOT Analysis
  8.4. Financial Overview
  8.5. Strategic Overview
  9. Teleflex Incorporated
  9.1. Company Overview
  9.2. Product Portfolio
  9.3. SWOT Analysis
  9.4. Financial Overview
  9.5. Strategic Overview
  10. Nortech Systems, Inc.
  10.1. Company Overview
  10.2. Product Portfolio
  10.3. SWOT Analysis
  10.4. Financial Overview
  10.5. Strategic Overview
  11. Gerresheimer AG
  11.1. Company Overview
  11.2. Product Portfolio
  11.3. SWOT Analysis
  11.4. Financial Overview
  11.5. Strategic Overview
  12. Celestica Inc.
  12.1. Company Overview
  12.2. Product Portfolio
  12.3. SWOT Analysis
  12.4. Financial Overview
  12.5. Strategic Overview
  13. Plexus Corporation
  13.1. Company Overview
  13.2. Product Portfolio
  13.3. SWOT Analysis
  13.4. Financial Overview
  13.5. Strategic Overview
  14. TE Connectivity, Ltd.
  14.1. Company Overview
  14.2. Product Portfolio
  14.3. SWOT Analysis
  14.4. Financial Overview
  14.5. Strategic Overview
  15. Nipro Corporation
  15.1. Company Overview
  15.2. Product Portfolio
  15.3. SWOT Analysis
  15.4. Financial Overview
  15.5. Strategic Overview
  16. Benchmark Electronics
  16.1. Company Overview
  16.2. Product Portfolio
  16.3. SWOT Analysis
  16.4. Financial Overview
  16.5. Strategic Overview
  17. Integer Holdings Corporation
  17.1. Company Overview
  17.2. Product Portfolio
  17.3. SWOT Analysis
  17.4. Financial Overview
  17.5. Strategic Overview
17. Pre and Post COVID-19 Impact
- 1. Positive influence on the healthcare industry
  2. The financial disruption of the manufacturing sector
  3. Impact of COVID-19 on emerging companies
  4. Significant mandates in the regulations initiated by healthcare administrations
  5. The overall economic slowdown of the developing and developed nations
18. FutureWise SME Key Takeaway Points for Client

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