Global Outsourced Orthopedic Manufacturing Market 2016-2020 - Increased Threat from In-House Manufacturing

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Research and Markets

10 Feb, 2016, 12:10 GMT

DUBLIN, Feb. 10, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/hll6hh/global_outsourced) has announced the addition of the "Global Outsourced Orthopedic Manufacturing Market 2016-2020" report to their offering.

The analysts forecast the global outsourced orthopedic manufacturing market to grow at a CAGR of 7.5% during the period 2016-2020

Global Outsourced Orthopedic Manufacturing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

An orthopedic implant is a device used in replacement procedures for the hip, spine, knee, and other extremities such as the shoulder, wrist, elbow, and ankle, or for supporting a damaged bone. Orthopedic devices are segmented into three types: implants, instruments, and cases and trays. The orthopedic devices market is highly competitive, and hence, many OEMs are focusing on R&D, distribution, marketing and sales, and post-sales services. Orthopedic contract manufacturers provide surgical instruments, implants, and supply chain capabilities to customers in the orthopedic industry.

M&A helps contract manufacturers to obtain new technologies that complement existing manufacturing solutions and also help in restructuring and diversifying services. The market is saturated with the presence of many vendors. Greatbatch Medical, Orchid Orthopedic Solutions, Paragon Medical, and Tecomet are some of the leading vendors in the market that focus on acquiring small vendors to survive the competition.

According to the report, OEMs are under increased cost burden because of high competition and high prices of raw materials. Also, insurance companies and hospitals pressurize OEMs in terms of pricing. To survive in the competitive environment, many orthopedic device manufacturers adopt outsourcing to minimize development cost and shorten their product development time by decreasing the time to market.

Further, the report states that increased adoption of in-house manufacturing by OEMs will hinder the growth of the outsourced orthopedic manufacturing market.

Key vendors

  • Tecomet
  • Orchid
  • Paragon Medical
  • Greatbatch

Other prominent vendors

  • Accellent
  • Autocam Medical
  • Bradshaw Medical
  • Blades Technology
  • Hammill Medical
  • Forginal Industrie
  • LISI MEDICAL
  • LAB Medical Manufacturing
  • MEDIN
  • Marle
  • NORMAN NOBLE
  • Norwood Medical
  • Ortho-Precision
  • PM Machine
  • Invibio
  • IN'TECH MEDICAL
  • Tegra Medical
  • Willemin-Macodel

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Distribution of orthopedic manufacturing

Part 06: Market landscape

Part 07: Market segmentation by product

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/hll6hh/global_outsourced

Media Contact:

Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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