Orthopedic Device Outsourcing
Market overview
february 2007

The medical contract manufacturing marketplace has experienced significant growth over the last several years. Favorable trends in the medical device industry have increased the need for OEM’s to outsource manufacturing capabilities and focus on core competencies like design and material innovation. In response to the growth in outsourcing, contract manufacturers have been adding capacity and complementary services to satisfy this growing demand. Reaching over $1.7 billion in 2006, the market is projected to grow 12-14% annually to over $3.0 billion by 2011.

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