Medical Device CRO Market is Expected to Reach 15.7 billion by 2030

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Roots Analysis is pleased to announce the publication of its recent study, titled, "Medical Device CRO Market (2nd Edition), 2020-2030".

The report features an extensive study of the current market landscape and future opportunities of contract research service providers focused on medical devices. The study also features an in-depth analysis, highlighting the capabilities of the various stakeholders engaged in this domain, across different regions of the globe. In addition to other elements, the study includes:

·        A detailed review of the overall landscape of medical device CROs.

·        An elaborate discussion on the various guidelines established by major regulatory bodies for medical device approval across North America, Europe, and Asia-Pacific and rest of the world.

·        Elaborate profiles of key players that specialize in offering services for both clinical and preclinical stage development of medical devices.

·        An analysis highlighting the key performance indicators used by sponsor companies to evaluate service providers engaged in this domain

·        A competitive benchmarking, highlighting the key focus areas of small, mid-sized and large companies, comparing their existing capabilities within and beyond their respective peer groups.

·        A detailed brand positioning analysis of leading industry players (shortlisted on the basis of strength of service portfolio).

·        A detailed geographical clinical trial analysis of ongoing and planned studies related to medical devices.

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·        A detailed analysis of the mergers and acquisitions that have taken place in this domain during the period 2015-2020.

·        A survey analysis featuring inputs solicited from various experts who are directly / indirectly involved in providing contract research services to medical device developers.

·        A discussion on affiliated trends, key drivers and challenges, under a SWOT framework, which are likely to impact the industry's evolution.

·        An elaborate discussion on the future opportunities / trends for the medical device outsourcing market that are likely to influence the growth of this domain over the coming years.

A detailed market forecast, featuring analysis of the current and projected future opportunity across key market segments (listed below)

Phase of Development

·        Clinical

·        Preclinical

Types of Preclinical Services Offered

·        Biocompatibility testing

·        Sterility and microbiology testing

·        Material characterization and analytical services

·        Others

Types of Clinical Services Offered

·        Clinical trial management

·        Data management

·        Regulatory affairs management

·        Consulting

·        Others

Device Class

·        Class I medical devices

·        Class II medical devices

·        Class III medical devices

Target Therapeutic Area

·        CNS disorders

·        Cardiovascular disorders

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·        Oncological disorders

·        Bone disorders

·        Respiratory disorders

·        Pain management disorders

·        Ophthalmic disorders

·        Psychological disorders

·        Metabolic disorders

·        Others

Key Geographical Regions

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Transcripts of interviews held with the following senior level representatives of stakeholder companies

·        Lajos Sarosi (Chief Executive Officer and Co-founder, HungaroTrial)

·        Christopher Rupp (Vice President of Global Marketing and Commercial Operations, NAMSA)

·        Christian Wolflehner (General Manager, CW Research & Management)

Key companies covered in the report

·        Avania (formerly known as Factory CRO)

·        Charles River Laboratories

·        Clinlogix


·        CSSi LifeSciences™

·        Eurofins Medical Device Testing

·        genae

·        IMARC Research

·        IQVIA

·        Medpace

·        NAMSA

·        Qserve Group

·        Regulatory and Clinical Research Institute (now a part of Covance)

·        WuXi AppTec

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