Global Service Outsourcing
Opportunities
in Medical Devices (2009 – 2014)
MarketsandMarkets – Analyst Briefing
Research Analyst : Varun Jain
About us
What M&M can do for our clients
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Key deliverables for our clients – can M&M meet your expectations?
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M&M market research reports snapshot
M&M research reports have a worldwide market share of 16.6%
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Medical Device Industry
Present Scenario
 $250 billion industry (2009)
 Growth rate 6%-8% (Annual)
 Market players - Johnson & Johnson, GE Healthcare, Siemens Healthcare, Philips, Baxter,
Becton Dickinson and many others.
 Industry Issues – Increasing competition, cost structure, technology innovations, regulatory
issues.
Medical Device Categories
Neurology
Obstetrical and Gynecological
Physical Medicine
Radiology
General Hospital and Personal Use
Cardiovascular
Dental
Ear, Nose, and Throat
Immunology and Microbiology
Ophthalmic
Orthopedic
Hematology and Pathology
Clinical Chemistry and Clinical Toxicology
Anesthesiology
Gastroenterology and Urology
General and Plastic Surgery
Outsourcing Medical Device Industry
Service Outsourcing
•New & enhanced outsourcing concept
•Early growth phase
•High growth market
•Focus areas
•Reduced cost
•Innovation
•Faster production
•Reduced rollout time
•Solution for regulatory issues
Product outsourcing
•Older outsourcing concept
•Relatively matured market
•Late growth phase
•Focus areas
•Contract manufacturing
•Re-sellers module
Market Segmentation
Service
Outsourcing
Industry
Services Market
Product Design & Development
Regulatory Consulting
Product Maintenance
Product Upgrade
Product Testing and Certification
Product Implementations
Applications Market
Class I Device
Class II Device
Class III Devices
Impact of Service Outsourcing
Higher revenues due to faster
production and reduced time to
market.
Shorter rollout time will rationalize
working capital cycle and improve
ROI (Return on Investment).
Market Forecasts (2009)
Estimated Market Size - $13.97 billion
Applications Market Split
• Class I Devices – 7%
• Class II Device – 48%
• Class III Devices – 45%
Service Market Split
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Product Design & Development – 29%
Regulatory Consulting – 22%
Product Maintenance – 16%
Product Upgrade - 13%
Product Testing and Certification – 11%
Product Implementations – 9%
Geography Analysis (2009)
Competitive Landscape
Market Players
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Market Developments
Strategic alliances and partnerships between medical
device manufacturers and outsourcing providers.
• Wipro and GE - medical diagnostics business
• HCL and Visiprise Inc. - manufacturing
execution solutions (MES)
HCL Technologies
Wipro
Accellent
Oracle
Patni
Persistent Systems
Toltec International
Outsourcing companies updating software solutions
with respect to regulatory compliance.
• Plexus Systems
• SigmaQuest
M&M Contact Details
For any queries- Please contact on varun@marketsandmarkets.com
The Upcoming Reports in the Healthcare Team of M&M on the following topics
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Dental Consumables Market
Stem Cell Technologies
Healthcare IT market
Dental Devices market
U.S. Preterm Infant Care Market
To let us know any other topics you may be interested in please visit our website
http://www.marketsandmarkets.com/
Or email us on healthcare@marketsandmarkets.com for sales queries or new topics.