Dublin, Aug. 22, 2018 (GLOBE NEWSWIRE) -- The "Medical Device Outsourcing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Medical Device Outsourcing in US$ Million by the following Device Category and Application Areas:

Device Category

  • Class I
  • Class II
  • Class III

Application Area

  • Radiology
  • Orthopedic
  • Neurology
  • Cardiology
  • Others

The report profiles 59 companies including many key and niche players such as:

  • Benchmark Electronics, Inc. (USA)
  • Cadence, Inc. (USA)
  • Creganna Medical (Ireland)
  • Celestica, Inc. (Canada)
  • CoorsTek Medical LLC (USA)
  • Flextronics International (Singapore)
  • HCL Technologies Limited (India)
  • ICON plc (Ireland)
  • Integer Holdings Corporation (USA)
  • Intertech Engineering Associates, Inc. (USA)
  • Laserage Technology Corporation (USA)
  • Venta Medical, Inc. (USA)
  • MedPlast, Inc. (USA)
  • Memry Corporation (USA)
  • Millstone Medical Outsourcing, LLC (USA)
  • Minnetronix, Inc. (USA)
  • Nortech Systems, Inc. (USA)
  • Phillips-Medisize Corporation (USA)
  • Plexus Corporation (USA)
  • Providien, LLC (USA)
  • Sparton Corporation (USA)
  • Tecomet, Inc. (USA)
  • Thermo Fisher Scientific, Inc. (USA)
  • West Pharmaceutical Services, Inc. (USA)
  • WuXi AppTec Co., Ltd. (China)

Key Topics Covered:

1. INDUSTRY OVERVIEW Medical Device Outsourcing: OEMs Benefit from Low Cost, Faster Time-to-Market and Focus on Core Competencies Outsourcing: A Promising Strategy Chosen by Medical Device OEMs While US Leads, Asia-Pacific Emerges as a Preferred Outsourcing Destination Class II Devices Continue to Dominate Medical Device Outsourcing Market Cardiology The Leading Therapeutic Category High Demand for Outsourced Regulatory Consulting Services Improving Healthcare Expenditure to Bode Well for Market Growth 2. COMPETITIVE LANDSCAPE Fragmentation Characterizes the Global Medical Device Outsourcing Industry Leading Players in the Global Medical Contract Manufacturing Market for Finished Goods (2016): Percentage Breakdown of Revenues for AptarGroup, B. Braun, Cantel, Creganna, Integer Holdings Corporation, Orchid, Phillips-Medisize, Tecomet, West Pharma and Others Leading Players in the Global Medical Contract Manufacturing Market for Electronics Manufacturing Services (EMS) (2016): Percentage Breakdown of Revenues for Celestica Inc., Flextronics International, Jabil Circuit Inc., Plexus Corporation, Sanmina Corporation and Others Consolidation Continues to Mark the Industry Select Major M&A Transactions in the Medical Device Outsourcing Market for 2016 and 2017 3. NOTEWORTHY MARKET DRIVERS, TRENDS & ISSUES Rising Demand for Medical Devices Augurs Well for the Market Ballooning Global Population Aids Market Growth Aging Population's Impact on Medical Devices: Favorable Prospects for Outsourcing Rapid Growth of Medical Device Markets in Emerging Nations Adoption of Stringent Regulations Steps towards Harmonized Regulatory System to Aid Market Growth Outsourcing of Medical Device Development Function Offers Significant Time and Cost Benefits Shift towards Offshoring Rise in Disease Incidences & Access to Modern Therapeutics Foster Growth Medical Device Contract Manufacturing Market Focus on Core Competencies: A Major Objective of Contract Manufacturing Contract Manufacturing: An Effective Tool for Small & Mid- Size Companies Contract Manufacturing as a Brand Promotion Channel Disruptive Innovations in the Contract Manufacturing Market Expanding Role of Outsourcing Partners & Rising Demand for Full-Service Providers Device Manufacturing Dominates, Design Engineering to Make Gains R&D and Post Market Engineering Support Services for Medical Devices on the Rise CRO Outsourcing Picking Up Momentum Onshoring Trend Gains Ground Outsourcing of IVD Device Manufacturing Gains Momentum Orthopedic Contract Manufacturing Market: Favorable Growth Potential Medical Electronic Manufacturing Services Providers See Increased Opportunities Top 10 Selection Criteria for EMS Partner Ranked by Order of Importance Medical Device Miniaturization Drives Demand for Outsourcing Services Shortening Product Lifecycles, Speed to Market Will Drive Outsourcing Trend IP Considerations Vital in Medical Device Outsourcing A Brief Overview of Major Challenges Legal & Regulatory Issues Intellectual Property and Business Risks Deter OEMs to Seek Alliances Delays in Contractual Obligations 4. AN INTRODUCTION TO MEDICAL DEVICE OUTSOURCING Introduction Industry Structure Advantages of Outsourcing Choosing the Right Manufacturing Partner Quality Management System Managing the Partnership Quality Remains Guiding Factor Medical Device Outsourcing Services: Definition Classification of Medical Devices Class I Devices Class II Devices Class III Devices Classification of Medical Devices by Therapeutic Area Cardiology Radiology Neurology Orthopedics 5. RECENT INDUSTRY ACTIVITY Vention Medical Takes Over Lithotech Medical Nordson Takes Over Advanced Technologies Business of Vention Cretex Companies Takes Over QTS Flexan Takes Over Medron SFS Group Takes Over Tegra Medical Molex Acquires Phillips-Medisize PPC Industries Takes Over Xeridiem Medical Devices TE Connectivity Takes Over Creganna Medical Accuron Acquires Stake in Aurum Healthcare Greatbatch Adopts New Name, Integer Holdings Corporation Tecomet Takes Over Mountainside Medical IK Investment Partners to Take Over Stake in Marle International In'Tech Medical Acquires Ortho Solutions Hitachi Metals America Acquires HTP-Meds Kelpac Medical Takes Over VitalMED Greatbatch Concludes Take Over of Lake Region Medical Vention Medical Establishes New Facility in Israel Technimark Takes Over Ci Medical Technologies Molex Takes Over ProTek Medical 6. FOCUS ON SELECT PLAYERS 7. GLOBAL MARKET PERSPECTIVE Total Companies Profiled: 59 (including Divisions/Subsidiaries 64)

  • The United States ((48)
  • Canada 2)
  • Europe (9)
    • France (1)
    • Germany (2)
    • The United Kingdom (1)
    • Rest of Europe (5)
  • Asia-Pacific (Excluding Japan) (5)

For more information about this report visit https://www.researchandmarkets.com/research/b...evice?w=12

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