The Medical Device Regulatory Affairs Outsourcing Industry will relinquish an approximated estimate at a frequency of 12.8% for the projection space of 2021 to 2028 with factor such as increasing adoption of outsourcing models for regulatory services and increasing in R&D activities by medical device companies. Growing healthcare expenditure also acts as a major factor for the growth of the medical device regulatory affairs outsourcing market.
The rising number of clinical trials has propelled the demand of the medical device regulatory affairs outsourcing market. However, lack of accessibility of Medical device regulatory affairs outsourcing is anticipated to hamper the demand of the medical device regulatory affairs outsourcing market.
Medical Device Regulatory Affairs Outsourcing Market Scenario
According to Data Bridge Market Research, the market for medical device regulatory affairs outsourcing in North America has the highest market share followed by Europe and Asia-Pacific. The market leader is Plexus Corp. which accounts an estimated market share of approximately 7% to 10% globally. The company has gained outstanding sale by providing wide range of medical device regulatory affairs outsourcing’ services as well as by using various strategy.
- In August 2019, Plexus Corp. announced that their fourth facility is to certify the manufacture class iii finished medical devices. The class III medical registration represents the ability to manufacture the highest risk medical devices as these products sustain and save lives. This achievement adds value to the services including product development, supply chain and aftermarket services.
Trends Impacting the Medical Device Regulatory Affairs Outsourcing Market
Now the question is which other regions Plexus Corp., Celestica Inc. and FLEX LTD. are targeting? Data Bridge Market Research has forecasted a large growth in North America medical device regulatory affairs outsourcing market and the market leaders targeting the U.S. and Canada to be their next pocket revenue for 2021.
The medical device regulatory affairs outsourcing market is becoming more competitive with companies such as Plexus Corp., Celestica Inc. and FLEX LTD. These are the top dominating companies in medical device regulatory affairs outsourcing market and are launching more new services in the market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global medical device regulatory affairs outsourcing market.
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Medical Device Regulatory Affairs Outsourcing Market Development
- In January 2020, Charles River Laboratories announced that it has acquired HemaCare Corporation (HemaCare), a company specialized in cell therapy. The company's strategic acquisition has expanded its product portfolio of early-stage research and manufacturing support solutions leading to increased sales and revenue.
Scope of the Medical Device Regulatory Affairs Outsourcing market
Global medical device regulatory affairs outsourcing market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Belgium, Turkey, Ireland, rest of Europe, Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt and rest of Middle East and Africa.
- All country based analysis of the global medical device regulatory affairs outsourcing market is further analyzed based on maximum granularity into further segmentation. On the basis of services, the medical device regulatory affairs outsourcing market is segmented into regulatory affairs services, quality consulting and medical writing. On the basis of product, the medical device regulatory affairs outsourcing market is segmented into finished goods, electronics and raw material. On the basis of device type, the medical device regulatory affairs outsourcing market is segmented into class I, class II and class III. On the basis of end user, the medical device regulatory affairs outsourcing market is segmented into small medical device company, medium medical device company and large medical device company. On the basis of application, the medical device regulatory affairs outsourcing market is segmented into cardiology, diagnostic imaging, orthopedic, IVD, ophthalmic, general and plastic surgery, drug delivery, dental, endoscopy, diabetes care and others.
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Key Pointers Covered in Global Medical Device Regulatory Affairs Outsourcing Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market Value and Over View
- Company Profiling of Top Players of Medical Device Regulatory Affairs Outsourcing Market
Key Market Competitors Covered in the Report
- Parexel International Corporation
- North American Science Associates, Inc.
- SGS SA
- Pace Analytical Services, LLC
- Trilogy Writing & Consulting GmbH
- Creganna (a subsidiary of TE Connectivity)
- American Preclinical Services, LLC
- Intertek Group plc
- WuXi AppTec
- Charles River Laboratories
- Celestica Inc.
- Freyr
- Cactus Communications
- Cekindo Business International
- Eurofins Scientific
- TÜV SÜD
- Sterigenics U.S., LLC - A Sotera Health company
- TE Connectivity
- FLEX LTD.
- Heraeus Holding
- Integer Holdings Corporation
- Nortech Systems, Inc.
- IQVIA
- Covance
- Plexus Corp.
- Sanmina Corporation
- OMICS International
- Tecomet, Inc.
- East West Manufacturing
- Jabil Inc.
- Omron Corporation
Above are the key players covered in the report, to know about more and exhaustive list of medical device regulatory affairs outsourcing companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-device-regulatory-affairs-outsourcing-market
Research Methodology: Global Medical Device Regulatory Affairs Outsourcing Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturers, Healthcare Industry, Scientists and Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.
Related Reports
- Global Regulatory Affairs Outsourcing Market – Industry Trends and Forecast to 2028
- Global Healthcare Regulatory Affairs Outsourcing Market – Industry Trends and Forecast to 2028
Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/
