Medical Device Outsourcing - Executive Summary Q2 2018

Q2 2018

The global Medical Device Outsourcing (MDO) market is projected to expand at a compound annual growth rate of 10.4% to reach a market size of approximately $64.0 billion by 2023, according to an April report by Research and Markets.1  Growth drivers include increased incidence of chronic disease as the population ages, continued innovation in medical technology, and enhanced pressure to reduce development and manufacturing costs as payers migrate to value based reimbursement models.  

 

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