Global Medical Devices Contract Manufacturing Sourcing and Procurement Report Forecasts the Market to Have an Incremental Spend of USD 45.82 Billion | SpendEdge
NEW YORK, Jan. 14, 2022 /PRNewswire/ -- During the forecast period, the Medical Devices Contract Manufacturing industry will see an increase in spending of around USD 45.82 Billion. However, the majority of this expansion will be driven by only a few regions. Furthermore, due to their supplier base, North America, Europe, and AP AC will have the most effect on the supply side.
The increase is likely to be driven mostly by increased demand and adoption of the category in those few regions.
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Key Medical Devices Contract Manufacturing Sourcing and Procurement Report Highlights:
- Market growth 2021-2025: USD 45.82 Billion
- Growth momentum & CAGR: Accelerate at a CAGR of 11.70%
- Top Pricing Models: Volume-based contractual pricing, and Cost Plus Markup pricing
- Key consumer countries: North America, Europe, and APAC
- Supplier Selection Criteria: Technical specifications, Operational requirements, Acceptance criteria, and Evaluation criteria
- Top Suppliers: Gerresheimer Ag, Flex Ltd., and Jabil Inc
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Insights into buyer strategies and tactical negotiation levers:
Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for the Medical Devices Contract Manufacturing market. The report also aids buyers with relevant Medical Devices Contract Manufacturing pricing levels, pros, and cons of prevalent pricing models such as Unit-based pricing, and Bundled pricing, category management strategies and best practices to fulfil their category objectives.
For more insights on buyer strategies and tactical negotiation levers, www.spendedge.com/report/medical-devices-contract-manufacturing-sourcing-and-procurement-intelligence-report
Key Drivers and Trends Fueling Market Growth:
- The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.
- Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors.
- Identify favorable opportunities in Medical Devices Contract Manufacturing TCO (total cost of ownership).
- Expected changes in price forecast and factors driving the current and future price changes.
- Identify pricing models that offer the most rewarding opportunities.
To know more about various other market drivers, trends and challenges.
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Table of Content
- Executive Summary
- Market Insights
- Category Pricing Insights
- Cost-saving Opportunities
- Best Practices
- Category Ecosystem
- Category Management Strategy
- Category Management Enablers
- Suppliers Selection
- Suppliers under Coverage
- US Market Insights
- Category scope
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