Global Healthcare OEM Market Size, Share, Forecast Report, 2020-2027

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.
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.