Healthcare OEM Market Research Report - Global Forecast to 2027

Healthcare OEM Market Information, by type (healthcare software, Medical device and instruments), by OEM solutions (Quality control and regulatory compliance, Manufacturing and fabrication, Packaging and sterilization, Product design and development, Order fulfillment & flexible distribution, Technical support, Project management), by application (Healthcare administration, Dentistry, Surgery, Laboratory, Veterinary, Pharmaceutical and cosmetics, Ophthalmology, Dialysis, Others) - Global Forecast till 2027

ID: MRFR/MED/0278-HCR | February 2021 | Region: Global | 80 pages

Market Scenario:


Global Healthcare OEM Market Size is expected to reach USD 250 billion in 2023 from USD 160 billion in 2016 with a CAGR of approximately 16.2% during the forecast period 2017-2023.


Original Equipment Manufacturers (OEM) are companies which produce products that can be marketed by another manufacturer. The products manufactured by OEM are used as components for the production of final end product. Hence these products act as raw materials for manufacturing final product. In healthcare, OEM’s involves manufactures of medical devices and instruments as well as healthcare software companies. Software companies develop healthcare software for management of healthcare institutions, hospitals, clinics and nursing homes. Innovations in healthcare IT, demand for improved technology, growing emphasis on quality healthcare products and rising importance for patient safety drive the growth of this market. Also increasing adoption of IT for maintaining medical and administrative data, maximum utilization of available resources and cost reduction attribute to the growth of this market. Increasing competition among medical device manufacturers creating barriers for new entrant may act as a restrain for this market. 


Study objectives:


Main objective of this research is to provide information about Healthcare OEM market, type, by OEM solutions and application.



  • To provide detailed analysis of the market structure along with forecast for the next seven years of the various segments and sub-segments of the Healthcare OEM market.

  • To provide insights about factors affecting the market growth.

  • To analyze the Healthcare OEM market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia Pacific and Middle East and Africa.

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segments by type, by OEM solutions, by application and its sub-segments.

  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Healthcare OEM market.


Figure 2: Global Healthcare OEM market, by region, 2016


 Healthcare OEM market


Source: Press Release, Company presentation, annual reports


Key Players


Johnson & Johnson (U.S), GE Healthcare (U.K.), Siemens Healthcare GmbH (Germany), Baxter International (U.S) Koninklijke Philips N.V. (Netherlands), Aramark (U.S.), Toshiba Medical Systems Corporation (Japan), Fujifilm Holdings Corporation (Japan), Hitachi Medical Systems America, Inc. (U.S.), Esaote SpA (Italy), and Drägerwerk AG & Co. KGaA (Germany), Accenture Plc. (U.S.), Cognizant Technology Solutions Corporation (U.S.), Infosys Ltd. (India), Allscripts Healthcare Solutions (U.S), Dell (U.S), IBM Corporation (U.S), Wipro (U.S), Tata Consultancy Services Ltd. (India), Xerox Corporation (U.S.)


Segmentation:


Global Healthcare OEM market has been segmented on the basis of types of OEM products which includes healthcare software and Medical device and instruments. Healthcare softwares include HR, Billing and Claims Management, Front/Back-Office Operations, Provider Management, OT Management, Financial Management and other softwares. Medical devices and instruments includes surgical and diagnostic devices and instruments. Surgical devices and instruments are artery forceps, retractors, saws and plaster instruments, scalpers and operating knives, scissors, stents, tracheotomy instruments, eye instruments, suture instruments, needles and other devices are nasal instruments, sterilization instruments, gall bladder instruments, kidney instruments and probes and directors. Diagnostic instruments are ultrasound, X-ray, MRI, PET scan, SPECT scan. On the basis of OEM solutions the market is segmented into Quality control and regulatory compliance, Manufacturing and fabrication, Packaging and sterilization, Product design and development, Order fulfillment & flexible distribution, Technical support and Project management and on the basis of application which includes Healthcare Administration, Dentistry, Surgery, Laboratory, Veterinary, Pharmaceutical and cosmetics, Ophthalmology, Dialysis and other applications.


Figure 1: Market Synopsis Healthcare OEM Synopsis


 Sources: Press Release, presentation, company website, annual reports, government records, journals expert interview.


Regional Analysis:


Globally, Healthcare OEM market consists of four regions Americas, Europe, Asia-Pacific and Middle East and Africa. America is the largest market as majority of American medical devices and instrument as well as software companies have global presence, thus acting as an important strength in this market. Demand for innovative healthcare IT solution and emphasis on cost reduction also drive this market in America. Europe is the second largest market. Asia Pacific shows fastest growth in this market. The market shows steady growth in Middle East and Africa.


Intended Audience



  • Healthcare IT companies

  • Medical device manufactures

  • Medical devices suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Academic Medical Institutes and Universities


The report for Healthcare OEM market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 250 billion
  CAGR   16.2% (2017-2023)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, OEM solutions and Application,
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Johnson & Johnson (U.S), GE Healthcare (U.K.), Siemens Healthcare GmbH (Germany), Baxter International (U.S) Koninklijke Philips N.V. (Netherlands), Aramark (U.S.), Toshiba Medical Systems Corporation (Japan), Fujifilm Holdings Corporation (Japan), Hitachi Medical Systems America, Inc. (U.S.), Esaote SpA (Italy), and Drägerwerk AG & Co. KGaA (Germany), Accenture Plc. (U.S.), Cognizant Technology Solutions Corporation (U.S.), Infosys Ltd. (India), Allscripts Healthcare Solutions (U.S), Dell (U.S), IBM Corporation (U.S), Wipro (U.S), Tata Consultancy Services Ltd. (India), Xerox Corporation (U.S.)
  Key Market Opportunities   Increasing adoption of IT for maintaining medical and administrative data
  Key Market Drivers   Growing emphasis on quality healthcare products and rising importance for patient safety drive the growth


Table of Contents

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Threats

4.5 Macroeconomic Indicators

5. Market Factor Analysis

5.1 Value Chain Analysis

5.2 Porters Five Forces

5.3 Demand & supply: gap analysis

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

5.6 Merger and Acquisition Landscape

5.7 Up-Coming trends in Healthcare OEM market

5.7.1 Market trends

5.7.2 Technological trends

6. Global Healthcare OEM market by type

6.1 Healthcare software

6.1.1 HR

6.1.2 Billing and Claims Management

6.1.3 Front/Back-Office Operations

6.1.4 Provider Management

6.1.5 OT management

6.1.6 Financial management

6.1.7 Others

6.2 Medical device and instruments

6.2.1 Surgical

6.2.1.1 Artery Forceps

6.2.1.2 Retractors

6.2.1.3 Saws and Plaster Instruments

6.2.1.4 Scalpers and Operating Knives

6.2.1.5 Scissors and needles

6.2.1.6 Stents

6.2.1.7 Tracheotomy Instruments

6.2.1.8 Eye Instruments

6.2.1.9 Suture Instruments

6.2.1.10 Others

6.2.1.10.1 Nasal Instruments

6.2.1.10.2 Sterilization Instruments

6.2.1.10.3 Gall Bladder Instruments

6.2.1.10.4 Kidney Instruments

6.2.1.10.5 Probes and Directors

6.2.2 Diagnostic

6.2.2.1 Ultrasound

6.2.2.2 X-ray

6.2.2.3 MRI

6.2.2.4 PET scan

6.2.2.4 SPECT scan

7. Global Healthcare OEM market by OEM solutions

7.1 Quality control and regulatory compliance

7.2 Manufacturing and fabrication

7.3 Packaging and sterilization

7.4 Product design and development

7.5 Order fulfillment & flexible distribution

7.6 Technical support

7.7 Project management

8. Global Healthcare OEM market by application

8.1 Healthcare administration

8.2 Dentistry

8.3 Surgery

8.4 Laboratory

8.5 Veterinary

8.6 Pharmaceutical and cosmetics

8.7 Ophthalmology

8.8 Dialysis

8.9 Others

9. Global Healthcare OEM market by region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 UK

9.3.1.3 France

9.3.1.4 Italy

9.3.1.5 Spain

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Republic of Korea

9.4.5 Australia

9.4.6 Rest of Asia-Pacific

9.5 Middle East and Africa

9.5.1 United Arab Emirates

9.5.2 Saudi Arabia

9.5.3 Oman

9.5.4 Qatar

9.5.5 Kuwait

9.5.6 Rest of Middle East and Africa

10 Competitive Landscape

11 Company Profile

11.1 GE Healthcare

11.1.1 Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Siemens Healthcare GmbH

11.2.1 Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Koninklijke Philips N.V.

11.3.1 Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Dell

10.4.1 Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Development

11.5 Toshiba Medical Systems Corporation

11.5.1 Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Johnson & Johnson

11.6.1 Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Baxter International

11.7.1 Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Cognizant Technology Solutions Corporation

11.8.1 Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Others

12 Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Prediction of Industry

13 Appendix


LIST OF TABLES

Table 1 Healthcare OEM Industry Synopsis, 2020-2027

Table 2 Global Healthcare OEM Market Estimates & Forecast, 2020-2027, (USD Million)

Table 3 Global Healthcare OEM Market, by Region, 2020-2027, (USD Million)

Table 4 Global Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 5 Global Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 6 Global Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 7 Americas Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 8 Americas Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 9 Americas Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 10 North America Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 11 North America Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 12 North America Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 13 South America Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 14 South America Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 15 South America Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 16 Europe Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 17 Europe Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 18 Europe Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 19 Western Europe Healthcare OEM Market by Type, 2020-2027, (USD Million)

Table 20 Western Europe Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 21 Western Europe Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 22 Eastern Europe Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 23 Eastern Europe Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 24 Eastern Europe Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 25 Asia Pacific Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 26 Asia Pacific Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 27 Asia Pacific Healthcare OEM Market, by Application, 2020-2027, (USD Million)

Table 28 Middle East & Africa Healthcare OEM Market, by Type, 2020-2027, (USD Million)

Table 29 Middle East & Africa Healthcare OEM Market, by OEM Solutions, 2020-2027, (USD Million)

Table 30 Middle East & Africa Healthcare OEM Market, by Application, 2020-2027, (USD Million) 

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Healthcare OEM Market

Figure 3 Segmentation Market Dynamics for Healthcare OEM Market

Figure 4 Global Healthcare OEM Market Share, by Type, 2020

Figure 5 Global Healthcare OEM Market Share, by OEM Solutions, 2020

Figure 6 Global Healthcare OEM Market Share, by Application, 2020

Figure 7 Global Healthcare OEM Market Share, by Region, 2020

Figure 8 Americas Healthcare OEM Market Share, by Country, 2020

Figure 9 Europe Healthcare OEM Market Share, by Country, 2020

Figure 10 Asia Pacific Healthcare OEM Market Share, by Country, 2020

Figure 11 Middle East & Africa Healthcare OEM Market Share, by Country, 2020

Figure 12 Global Healthcare OEM Market: Company Share Analysis, 2020 (%)