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Global Medical Device Outsourcing Market Will Grow to Over $12 billion by 2018
Date:1/14/2014

p>Another trend in the medical device outsourcing market is the increasingly collaborative and long-term relationship between brand owners and CMs. Building an established partnership encourages accountability and helps the CM become more invested in the design process. Brand owners are thus working with CMs earlier in the design process to optimize and streamline manufacturing processes. In addition, more brand owners prefer working with fewer CMs to better manage quality control. In response, CMs are broadening their range of products and services through acquisitions of smaller CMs and organic growth to address the increasingly diverse needs of brand owners.

Millennium Research Group's Global Markets for Medical Device Outsourcing 2014 report includes revenue information, along with market drivers and limiters for vascular device, orthopedic device and general surgery device outsourcing.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

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