Medical Device Contract Manufacturing Market Growing at a CAGR of 11.34% from 2028

Medical Device Contract Manufacturing Market Which Includes Study On Device Type, Services Type, Product Type, Class Of Device, And Geography.
 
WILMINGTON, Del. - Aug. 25, 2022 - PRLog -- Axiom Market Research & Consulting™ Published A New Report On Medical Device Contract Manufacturing Market Which Includes Study On Device Type, Services Type, Product Type, Class Of Device, And Geography. The Medical Device Contract Manufacturing Market Was Projected To Grow At A CAGR Of 11.34% For The Forecast Period 2022 To 2028. The Global Market Is Estimated And Forecasted In Terms Of Revenue (USD Million) Generated By The Medical Device Contract Manufacturing Market.

Technological advancement has prompted end users to update their manufacturing systems. As this is a costly process they look to contract manufacturing. In addition to this, the COVID-19 outbreak has rapidly increased the adoption of advanced diagnostics and patient care devices for better treatment management. The emergence of COVID-19 pandemic has affected the medical device contract manufacturing market in the positive a well as negative way. The production cycles and supply chains of various major industry was disrupted. The medical device industry has faced number of challenges in eradicating the pandemic, as the number of infections shows no signs of subsiding.

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Key Players

The Key Players In The Medical Device Contract Manufacturing Market (https://www.axiommrc.com/product/11179-medical-device-con...) Are Are Jabil Inc., Flex Ltd., Plexus Corp., Sanmina Corporation, Integer Holdings Corporation, Celestica Inc., Gerresheimer Ag, Te Connectivity Ltd., Nipro Corporation, West Pharmaceutical Services, Inc., Benchmark Electronics Inc., Recipharm Ab, Kimball Electronics, Inc., Nortech Systems Incorporated, Nemera Development Sa, Viant Medical Holdings, Inc., Tecomet, Inc., Smc Ltd., Phillips-Medisize Corporation, Tessy Plastics Corp, Carclo Plc, Nolato Gw, Inc. (A Part Of Nolato Ab), Mehow, Tekni-Plex And Peter'S Technology Among Others.

RECENT DEVELOPMENTS:

November 2020,
Nipro Corporation (Japan) acquired Venari Medical's (Ireland) exclusive sales rights for a vascular treatment device developed by Venari Medical in Japan and overseas.

October 2020, Nemera (France) acquired Copernicus (Poland) to become a leading patient-centric drug device combination solutions company. This acquisition will bolster the company's production capabilities and expand its product portfolio.

September 2020, Nipro Corporation established its sales offices in Xi'an, Wuhan, Hefei, and Xiamen. The new offices will further strengthen the company's sales and service network in China to provide more community-based, meticulous services and respond to the needs of the medical scene, thereby enhancing the presence of the "Nipro brand".

January 2020, Nipro Asia Pte Ltd. (Singapore) acquired JMI Marketing (Bangladesh) to secure a large market share in Bangladesh's rapidly growing economy for disposable medical devices, including infusion sets, syringes, and IV catheters.

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