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The medical device manufacturing outsourcing market size is estimated to grow by USD 50.44 billion between 2023 and 2028 accelerating at a CAGR of 10.87%. The expansion of the market is driven by several key factors. Original equipment manufacturers (OEMs) are increasingly prioritizing the reduction of manufacturing costs for medical devices such as diagnostic wearable medical devices, seeking efficient and cost-effective solutions through outsourcing. Additionally, the escalating complexities in product design and development necessitate specialized expertise and advanced manufacturing capabilities, which outsourcing partners can provide. Emerging nations are becoming favored hubs for production of medical devices due to their lower labor costs and growing industrial capabilities, further boosting the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Medical Device Regulatory Classification
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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