June 16, 2024
The 2023 MedTech Contract Manufacturing Report is launched within the U.S.

A deep research and evaluation of the present tendencies within the U.S. Medical Machine outsourcing trade carried out by Alira Well being

FRAMINGHAM, Mass., Feb. 7, 2023 /PRNewswire/ — Alira Well being, a worldwide healthcare advisory, scientific analysis and expertise firm, introduced at present the discharge of the 2023 U.S. MedTech Contract Manufacturing Report in collaboration with MassMEDIC, the Massachusetts Medical Machine Business Council, the biggest regional medtech affiliation in the US, and Alira Well being’s MedTech Neighborhood accomplice. The report investigates the most recent tendencies within the U.S. Medical Machine outsourcing trade and is the results of analysis, knowledge assortment and forecasts carried out by Alira Well being.

The 2023 U.S. MedTech Contract Manufacturing Report delivers an entire evaluation of the Medical Machine CDMO trade within the U.S. and the demand for particular outsourced providers, capabilities, applied sciences, and software markets, leveraging main and secondary analysis knowledge. Insights anticipate how CDMOs will continue to grow in 2023 (+13.1%,) outperforming the medical system markets (+6.1%) and contributing to the orderly provide of life-saving merchandise.

“This enchancment of the U.S. CDMO trade and the strong capital market will present a aggressive benefit for the general international medical system ecosystem,” mentioned Carlo Stimamiglio, Associate, Transaction Advisory Apply at Alira Well being. “Due to the contribution of market insiders to our main analysis, we forecasted the CDMO enterprise in 2023, supplied perception with a important view on future alternatives and dangers, and investigated on what these tendencies imply for medical system CDMOs and their capital sponsors.”

The report investigates and measures the headwinds, challenges, and threats confronted by medical system outsourcing by overlaying the next matters: The Medical Machine Market in 2022; Tendencies within the U.S. Medical Machine CDMO Business; Case Research on Outsourcing Markets Certain to Remodel M&A and Funding Exercise in MedTech CDMO.

Regardless of the trade having suffered the onset of the worldwide financial recession and the sustained international element shortages, the report reveals how the U.S. MedTech CDMO market grew an estimated +9.4% in 2022. 2023 is predicted to exhibit the tendencies affecting the manufacturing industries within the post-COVID period, but the consolidation of the U.S. CDMO market will continue to grow. The expansion will mirror within the M&A transactions, anticipating a vibrant 2023 for dealmaking, led by more and more skilled and educated buyers, as firms will proceed to consolidate their integrations with new acquisitions and strengthen their deal with healthcare, a long-lasting worthwhile enterprise.

About Alira Well being
Alira Well being is a world patient-centric and technology-enabled advisory agency whose mission is to humanize healthcare. We work with healthcare and life sciences organizations searching for help throughout their total options lifecycle. From improvement to medical care, we complement our shoppers’ experience with a full spectrum of providers together with analysis and scientific improvement options, technology-powered consulting, and real-world proof. Alira Well being’s built-in and multidisciplinary staff of over 600 scientists, strategists, economists, clinicians, and biostatisticians collaborate throughout our North American, European, and Asian workplaces and advise 80% of the highest 50% of MedTech firms and 75% of the highest 50% of Pharma firms.

SOURCE Alira Well being

The 2023 MedTech Contract Manufacturing Report is launched within the U.S.