Medical Device Contract Manufacturing Market
Medical Device Contract Manufacturing Market Study by Drug Delivery Devices, Patient Monitoring Devices, and In-vitro Diagnostic Medical Devices from 2023 to 2033
Analysis of Medical Device Contract Manufacturing Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Medical Device Contract Manufacturing Market Outlook (2023 to 2033)
The global medical device contract manufacturing market is forecasted to expand at a stellar CAGR of 11% from 2023 to 2033. The market is valued at US$ 75 billion in 2023 and is thus expected to reach a valuation of US$ 214 billion by 2033-end.
Biological samples are tested using in-vitro diagnostic (IVD) medical devices to assess a person's overall health. The growing prevalence of cancer disorders is boosting the adoption of these devices, which adds to the demand for manufacturing services for the development of IVD medical devices.
Medical device contract manufacturing is a business model where a medical device manufacturer outsources some or all of the production of their entire medical device or a specific component of the device to another company with specialized knowledge, technical ability, and effective business operations. The services provided by medical device contract manufacturers include product development, manufacturing, installation, quality control, packaging, supply chain management, and regulatory advisory services.
The rise in the geriatric population, life expectancy, and disease prevalence are driving market growth. End users have been forced to redesign or update their manufacturing systems due to technological innovation. A rise in minimally invasive surgical procedures is fueling the demand for medical devices.
Global demand for medical device contract manufacturing is anticipated to be fueled by the increased prevalence of chronic diseases. Chronic diseases are conditions that need continuous medical care. Patients can better control their chronic diseases and keep track of their health problems with the use of modern medical equipment. Contract manufacturing for medical devices has become more popular as a result.
The market for medical device contract manufacturing is anticipated to expand quickly as a result of the growing healthcare sector and the rising use of technically advanced surgical procedures. Futuristic technologies, including robotics and 3D printing medical devices, have been the attention of several original equipment manufacturers (OEMs) and contract manufacturers.
The market is anticipated to grow rapidly throughout the forecast period thanks to significant investments from the biotechnology and pharmaceutical industries. For use in point-of-care settings, key players are creating portable, quick, and convenient devices.
The market is being driven by the deployment of technology in the healthcare sector. Healthcare is receiving significant investment from both small and large businesses, and governments are making it easier to comply with rules even in underdeveloped countries.
Market growth is anticipated to be aided by the availability of end-to-end service providers involved in offering value-added services for an integrated or risk-sharing business model. Producing biologics in multi-product facilities is both economically effective and secure because there is little to no risk of product carryover, which supports market expansion.
Report Attributes |
Details |
Medical Device Contract Manufacturing Market Size (2023) |
US$ 75 Billion |
Projected Market Value (2033) |
US$ 214 Billion |
Global Market Growth Rate (2023 to 2033) |
11% CAGR |
Market Share of In-vitro Diagnostic Medical Devices |
50% |
Key Companies Profiled |
|
Which are the Growth Determinants of the Market for Medical Device Contract Manufacturing?
“Increasing Need for Patient-centric Diagnostic Equipment and Rise in R&D Activities”
Significant technological advancements in surgical techniques have been aided by the healthcare industry. These new developments have encouraged key market players to support greater research and the creation of practical solutions. Market expansion is anticipated to be fueled by the rise in R&D activities.
The high popularity of minimally invasive surgical tools is recognized for lowering tissue trauma, minimizing blood loss and pain, and improving patient satisfaction. The increasing need for patient-centric diagnostic equipment across the world is driving market revenue.
Innovation in Class III medical devices is increasing due to the increased development and production of advanced products such as pacemakers and implanted medical devices. Considering the complexity of the assembly and testing processes, medical device manufacturers face difficulties producing Class III devices in high volumes.
Regulatory compliance for component traceability and verification, storage, and access must be met by both the devices and the processes. Automated production and manufacture are required due to the intricacy involved in generating a Class III device in these quantities. To achieve automation, high-quality manufacturing processes, and regulatory compliance, OEMs are using the expertise of electronic manufacturing services.
“Rapid Adoption of Industry 4.0 Technologies for Advanced Medical Device Production”
Advanced automation is made possible by Industry 4.0 technologies such as cloud computing, machine-to-machine connectivity, and cyber-physical systems, which aid in overcoming these production issues. With the help of these technologies, it is now possible to create high-volume, legally-compliant manufacturing processes with effective inventory and production management.
Governments are pressuring manufacturers to integrate Industry 4.0 for the development of medical products. The market is anticipated to expand rapidly over the forecast period due to the growing adoption of Industry 4.0 technologies in the production of advanced and essential medical devices.
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What is Hampering Medical Device Contract Manufacturing Market Expansion?
“Lack of Skilled Professionals and High Cost of Medical Devices”
The high cost of medical devices is restricting the growth of the medical device contract manufacturing industry. The lack of trained personnel is limiting market growth.
Which Region Should Market Participants Invest In?
“Strict Compliance with Governmental Regulations Driving Market Growth in North America”
North America accounts for 50% share of the global market. Strict compliance with governmental regulations, continuous advancements in medical device technologies, and an increased focus on patient safety has contributed to the leading share of North America.
The cost of internal production is rising, which motivates medical device businesses to use contract manufacturing as a cost-cutting solution, which is driving market growth. Multinational firms that manufacture medical devices are also exploring business prospects and expanding their operations in the region.
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Country-wise Insights
How is the United States Market Faring?
“Increase in R&D Activities in Pharmaceutical Industry in the United States”
The United States is anticipated to be the most attractive market for medical device contract manufacturing due to its highly developed healthcare system, growing awareness of medical devices among healthcare providers, and increase in research and development activities in the pharmaceutical industry.
The market is also anticipated to be driven by the existence of major medical device companies and increasing demand for medical equipment used to identify and treat chronic illnesses.
Why is Japan a Major Market for Medical Device Contract Manufacturing?
“Favorable Government Initiatives to Provide Better Healthcare”
The market is witnessing significant growth in Japan, due to favorable government initiatives to provide better healthcare and the rising prevalence of diabetes, cardiovascular disorders, and obesity. Market growth is attributed to the high demand for diagnostic imaging, patient monitoring, and a rise in the local supply of in-vitro diagnostic devices.
Which European Country is Likely to Be a Prominent Market?
“Growing Use of Minimally Invasive Devices for Surgeries in Germany”
The surging prevalence of gastrointestinal diseases in Germany will increase the patient load, leading to a significant rise in the demand for medical devices in the healthcare infrastructure. Increasing access to healthcare services, rising investments in healthcare, high adoption of medical devices in hospitals, and growing use of minimally invasive devices for surgeries are driving market growth in Germany.
Category-wise Insights
Why are In-vitro Diagnostic Medical Devices Exhibiting High Demand?
“Increasing Use of Point-of-care Testing Driving Demand for In-vitro Diagnostic Medical Devices”
By device, the market is segmented into in-vitro diagnostic medical devices, diagnostic imaging & medical equipment, drug delivery devices, patient monitoring devices, minimally access surgical instruments, therapeutic patient assistive devices, and others. In-vitro diagnostic medical devices account for 50% share of the global market.
Medical facilities are using IVD devices more extensively since end users are adopting them more quickly. The demand for point-of-care devices and their capacity to track, identify, and prevent diseases are factors in the expansion of this market. The market for IVD devices will expand as a result of the rising need for customized, smart, and rapid diagnostic tools.
An increase in IVD tests conducted globally, the expanding supply of IVD kits and reagents, the rise in hospitals and clinical laboratories in developing countries, automation and rapid advances in instruments with high throughput functionalities, and developments in life sciences research are all factors driving demand for in-vitro diagnostic medical devices. The adoption of IVD devices is anticipated to be supported by the increasing use of point-of-care testing coupled with the deployment of fully automated instruments and automation in laboratories.
Which Application Holds a Dominant Market Share?
“Medical Device Contract Manufacturing for Orthopedic Treatment Gaining Traction Due to Increasing Geriatric Population with Arthritis Conditions”
Based on application, the market is divided into cardiovascular, orthopedic, neurovascular, pulmonary, oncology, laparoscopy, urology & gynecology, radiology, and others. Medical device contract manufacturing for orthopedic treatment continues to influence the growth strategies of market players and accounts for substantial revenue. The increasing geriatric population with conditions such as arthritis and the rising need for custom devices are anticipated to spur the entry of new players specifically focused on orthopedic devices.
Growing application in the manufacturing of cardiovascular devices is likely to result in increased market share. Strong focus on the manufacturing of cardiovascular devices is attributed to increasing fatalities arising out of cardiac problems and the consequent rise in demand for guidewires, stents, catheters, and implantable devices.
Trends
- Technology has astonishingly touched all industries including healthcare. 3D printing is valued at USD 12.6 Billion in 2020; this projects high demand in the forecast period as well. The market is anticipated to gain growth of 17% in 2020- 2023.
- The companies like General Electrics have acquired most 3D printing patents and stood among the top companies in the USA region. 3D printing is being used in a wide range of medical applications and continued to expand at a rapid pace where the medical devices market is likely to gain traction growth.
- As per the research by Mckinsey, while reimagining Medtech post-pandemic companies should consider and pay attention to stress testing of models and strengthen crisis resilience mechanisms referring to long terms paths for recovery.
- The pandemic of Covid-19 has put the market for medical devices at the central stage as there is anticipation for the demand for diagnostic test kits, personal protective equipment, ventilators, and other critical medical supplies.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Health practitioners are increasingly adopting advanced surgical options such as minimally invasive procedures with the rapid expansion of the healthcare industry. This has prompted original equipment manufacturers (OEMs) to take strategic steps to exploit the scenario and develop advanced devices.
Leading companies are focusing on expanding their production services to meet the increasing demand for medicines and medical devices. With modern production facilities and cost-effective models, contract manufacturers are enhancing their product standards and industrial proficiencies to reduce the environmental impact.
Key market players are increasingly targeting developing economies to increase their market penetration. Developing economies present significant growth opportunities in the wake of a rapidly increasing population.
According to pricing trends, OEMs can lower manufacturing costs due to the accessibility of low-cost raw materials and labor. They are also focusing on developing technologically-enhanced products following safety regulations.
For instance :
- Jabil, Inc. entered into a strategic collaboration with Johnson & Johnson Medical Devices Companies. This collaboration is anticipated to expand Jabil’s medical devices manufacturing portfolio and offer diversification capabilities.
- Integer Holdings concentrate on product launches. The company provides medical and non-medical solutions to prospective clients. In the medical domain, its product portfolio comprises advanced surgical, orthopedics & portable medical devices, cardio & vascular solutions, and cardiac products.
Key Segments of Medical Device Contract Manufacturing Industry Research
-
By Device :
- In-vitro Diagnostic Medical Devices
- Diagnostic Imaging & Medical Equipment
- Drug Delivery Devices
- Patient Monitoring Devices
- Minimally Access Surgical Instruments
- Therapeutic Patient Assistive Devices
- Others
-
By Type of Manufacturing :
- Raw Materials
- Electronics
- Finished Goods
-
By Service :
- Prototype Development
- Finished Device Manufacturing
- Assembly & Packaging
- Testing & Regulatory Support Services
- Molding & Casting
- Others
-
By Application :
- Cardiovascular
- Orthopedic
- Neurovascular
- Pulmonary
- Oncology
- Laparoscopy
- Urology & Gynecology
- Radiology
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Preface 1.1. Market Definition and Scope 1.2. Market Segmentation 1.3. Key Research Objectives 1.4. Research Highlights 2. Assumptions and Research Methodology 3. Executive Summary: Global Market 4. Market Overview 4.1. Introduction 4.2. Overview 4.3. Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.4. Global Market Analysis and Forecasts, 2023–2033 5. Key Insights 5.1. Regulatory Scenario by Region 5.2. Selection Criteria for Medical Device Contract Manufacturing 5.3. Supply Chain Analysis 6. Global Market Analysis and Forecasts, by Device 6.1. Introduction & Definition 6.2. Key Findings/Developments 6.3. Market Value Forecast, by Device, 2023–2033 6.3.1. In-vitro Diagnostic Medical Devices 6.3.2. Diagnostic Imaging & Medical Equipment 6.3.3. Drug Delivery Devices 6.3.4. Patient Monitoring Devices 6.3.5. Minimally Access Surgical Instruments 6.3.6. Therapeutic Patient Assistive Devices 6.3.7. Others 6.4. Market Attractiveness, by Device 7. Global Market Analysis and Forecasts, by Type of Manufacturing 7.1. Introduction & Definition 7.2. Key Findings / Developments 7.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 7.3.1. Raw Materials 7.3.2. Electronics 7.3.3. Finished Goods 7.4. Market Attractiveness, by Type of Manufacturing 8. Global Market Analysis and Forecasts, by Services 8.1. Introduction & Definition 8.2. Key Findings / Developments 8.3. Market Value Forecast, by Services, 2023–2033 8.3.1. Prototype Development 8.3.2. Finished Device Manufacturing 8.3.3. Assembly & Packaging 8.3.4. Testing & Regulatory Support Services 8.3.5. Molding & Casting 8.3.6. Others 8.4. Market Attractiveness by Service 9. Global Market Analysis and Forecasts, by Application 9.1. Introduction & Definition 9.2. Key Findings/Developments 9.3. Market Value Forecast, by Application, 2023–2033 9.3.1. Cardiovascular 9.3.2. Orthopedic 9.3.3. Neurovascular 9.3.4. Pulmonary 9.3.5. Oncology 9.3.6. Laparoscopy 9.3.7. Urology & Gynecology 9.3.8. Radiology 9.3.9. Others 9.4. Market Attractiveness by Application 10. Global Market Analysis and Forecasts, by Region 10.1. Key Findings 10.2. Market Value Forecast, by Region 10.2.1. North America 10.2.2. Europe 10.2.3. Asia Pacific 10.2.4. Latin America 10.2.5. Middle East & Africa 10.3. Market Attractiveness by Country/Region 11. North America Market Analysis and Forecast 11.1. Introduction 11.2. Market Value Forecast, by Device, 2023–2033 11.2.1. In-vitro Diagnostic Medical Devices 11.2.2. Diagnostic Imaging & Medical Equipment 11.2.3. Drug Delivery Devices 11.2.4. Patient Monitoring Devices 11.2.5. Minimally Access Surgical Instruments 11.2.6. Therapeutic Patient Assistive Devices 11.2.7. Others 11.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 11.3.1. Raw Materials 11.3.2. Electronics 11.3.3. Finished Goods 11.4. Market Value Forecast, by Services, 2023–2033 11.4.1. Prototype Development 11.4.2. Finished Device Manufacturing 11.4.3. Assembly & Packaging 11.4.4. Testing & Regulatory Support Services 11.4.5. Molding & Casting 11.4.6. Others 11.5. Market Value Forecast, by Application, 2023–2033 11.5.1. Cardiovascular 11.5.2. Orthopedic 11.5.3. Neurovascular 11.5.4. Pulmonary 11.5.5. Oncology 11.5.6. Laparoscopy 11.5.7. Urology & Gynecology 11.5.8. Radiology 11.5.9. Others 11.6. Market Value Forecast, by Country, 2023–2033 11.6.1. U.S. 11.6.2. Canada 11.7. Market Attractiveness Analysis 11.7.1. By Device 11.7.2. By Type of Manufacturing 11.7.3. By Services 11.7.4. By Application 11.7.5. By Country 12. Europe Market Analysis and Forecast 12.1. Introduction 12.2. Market Value Forecast, by Device, 2023–2033 12.2.1. In-vitro Diagnostic Medical Devices 12.2.2. Diagnostic Imaging & Medical Equipment 12.2.3. Drug Delivery Devices 12.2.4. Patient Monitoring Devices 12.2.5. Minimally Access Surgical Instruments 12.2.6. Therapeutic Patient Assistive Devices 12.2.7. Others 12.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 12.3.1. Raw Materials 12.3.2. Electronics 12.3.3. Finished Goods 12.4. Market Value Forecast, by Service, 2023–2033 12.4.1. Prototype Development 12.4.2. Finished Device Manufacturing 12.4.3. Assembly & Packaging 12.4.4. Testing & Regulatory Support Services 12.4.5. Molding & Casting 12.4.6. Others 12.5. Market Value Forecast, by Application, 2023–2033 12.5.1. Cardiovascular 12.5.2. Orthopedic 12.5.3. Neurovascular 12.5.4. Pulmonary 12.5.5. Oncology 12.5.6. Laparoscopy 12.5.7. Urology & Gynecology 12.5.8. Radiology 12.5.9. Others 12.6. Market Value Forecast, by Country, 2023–2033 12.6.1. Germany 12.6.2. U.K. 12.6.3. France 12.6.4. Spain 12.6.5. Italy 12.6.6. Rest of Europe 12.7. Market Attractiveness Analysis 12.7.1. By Device 12.7.2. By Type of Manufacturing 12.7.3. By Services 12.7.4. By Application 12.7.5. By Country 13. Asia Pacific Market Analysis and Forecast 13.1. Introduction 13.2. Market Value Forecast, by Device, 2023–2033 13.2.1. In-vitro Diagnostic Medical Devices 13.2.2. Diagnostic Imaging & Medical Equipment 13.2.3. Drug Delivery Devices 13.2.4. Patient Monitoring Devices 13.2.5. Minimally Access Surgical Instruments 13.2.6. Therapeutic Patient Assistive Devices 13.2.7. Others 13.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 13.3.1. Raw Materials 13.3.2. Electronics 13.3.3. Finished Goods 13.4. Market Value Forecast, by Services, 2023–2033 13.4.1. Prototype Development 13.4.2. Finished Device Manufacturing 13.4.3. Assembly & Packaging 13.4.4. Testing & Regulatory Support Services 13.4.5. Molding & Casting 13.4.6. Others 13.5. Market Value Forecast, by Application, 2023–2033 13.5.1. Cardiovascular 13.5.2. Orthopedic 13.5.3. Neurovascular 13.5.4. Pulmonary 13.5.5. Oncology 13.5.6. Laparoscopy 13.5.7. Urology & Gynecology 13.5.8. Radiology 13.5.9. Others 13.6. Market Value Forecast, by Country, 2023–2033 13.6.1. China 13.6.2. Japan 13.6.3. India 13.6.4. Australia & New Zealand 13.6.5. Rest of Asia Pacific 13.7. Market Attractiveness Analysis 13.7.1. By by Device 13.7.2. By by Type of Manufacturing 13.7.3. By by Services 13.7.4. By by Application 13.7.5. By by Country 14. Latin America Market Analysis and Forecast 14.1. Introduction 14.2. Market Value Forecast, by Device, 2023–2033 14.2.1. In-vitro Diagnostic Medical Devices 14.2.2. Diagnostic Imaging & Medical Equipment 14.2.3. Drug Delivery Devices 14.2.4. Patient Monitoring Devices 14.2.5. Minimally Access Surgical Instruments 14.2.6. Therapeutic Patient Assistive Devices 14.2.7. Others 14.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 14.3.1. Raw Materials 14.3.2. Electronics 14.3.3. Finished Goods 14.4. Market Value Forecast, by Services, 2023–2033 14.4.1. Prototype Development 14.4.2. Finished Device Manufacturing 14.4.3. Assembly & Packaging 14.4.4. Testing & Regulatory Support Services 14.4.5. Molding & Casting 14.4.6. Others 14.5. Market Value Forecast, by Application, 2023–2033 14.5.1. Cardiovascular 14.5.2. Orthopedic 14.5.3. Neurovascular 14.5.4. Pulmonary 14.5.5. Oncology 14.5.6. Laparoscopy 14.5.7. Urology & Gynecology 14.5.8. Radiology 14.5.9. Others 14.6. Market Value Forecast, by Country, 2023–2033 14.6.1. Brazil 14.6.2. Mexico 14.6.3. Rest of Latin America 14.7. Market Attractiveness Analysis 14.7.1. By Device 14.7.2. By Type of Manufacturing 14.7.3. By Services 14.7.4. By Application 14.7.5. By Country 15. Middle East & Africa Market Analysis and Forecast 15.1. Introduction 15.2. Market Value Forecast, by Device, 2023–2033 15.2.1. In-vitro Diagnostic Medical Devices 15.2.2. Diagnostic Imaging & Medical Equipment 15.2.3. Drug Delivery Devices 15.2.4. Patient Monitoring Devices 15.2.5. Minimally Access Surgical Instruments 15.2.6. Therapeutic Patient Assistive Devices 15.2.7. Others 15.3. Market Value Forecast, by Type of Manufacturing, 2023–2033 15.3.1. Raw Materials 15.3.2. Electronics 15.3.3. Finished Goods 15.4. Market Value Forecast, by Services, 2023–2033 15.4.1. Prototype Development 15.4.2. Finished Device Manufacturing 15.4.3. Assembly & Packaging 15.4.4. Testing & Regulatory Support Services 15.4.5. Molding & Casting 15.4.6. Others 15.5. Market Value Forecast, by Application, 2023–2033 15.5.1. Cardiovascular 15.5.2. Orthopedic 15.5.3. Neurovascular 15.5.4. Pulmonary 15.5.5. Oncology 15.5.6. Laparoscopy 15.5.7. Urology & Gynecology 15.5.8. Radiology 15.5.9. Others 15.6. Market Value Forecast, by Country, 2023–2033 15.6.1. GCC Countries 15.6.2. South Africa 15.6.3. Rest of Middle East & Africa 15.7. Market Attractiveness Analysis 15.7.1. By Device 15.7.2. By Type of Manufacturing 15.7.3. By Services 15.7.4. By Application 15.7.5. By Country 16. Competition Landscape 16.1. Market Share Analysis by Company (2017) 16.2. Company Profiles 16.2.1. Flextronics International, LTD. 16.2.2. Jabil Inc. 16.2.3. Benchmark Electronics, Inc. 16.2.4. Integer Holdings Corporation (Greatbatch) 16.2.5. West Pharmaceutical Services, Inc. 16.2.6. Tecomet, Inc. 16.2.7. Nortech Systems 16.2.8. TE Connectivity (Creganna Medical) 16.2.9. Forefront Medical Technologies 16.2.10. Nordson Corporation
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List Of Table
Table 01: Global Market Size (US$ Mn) Forecast, by Device, 2023–2033
Table 02: Global Market Size (US$ Mn) Forecast, by Type of Manufacturing , 2023–2033
Table 03: Global Market Size (US$ Mn) Forecast, by Service, 2023–2033
Table 04: Global Market Size (US$ Mn) Forecast, by Application, 2023–2033
Table 05: Global Market Value (US$ Mn) Forecast, by Region , 2023–2033
Table 06: North America Market Revenue (US$ Mn) Forecast, by Country, 2023–2033
Table 07: North America Market Revenue (US$ Mn) Forecast, by Device, 2023–2033
Table 08: North America Market Revenue (US$ Mn) Forecast, by Type of Manufacturing, 2023–2033
Table 09: North America Market Revenue (US$ Mn) Forecast, by Services, 2023–2033
Table 10: North America Market Revenue (US$ Mn) Forecast, by Application, 2023–2033
Table 11: Europe Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2023–2033
Table 12: Europe Market Revenue (US$ Mn) Forecast, by Device, 2023–2033
Table 13: Europe Market Revenue (US$ Mn) Forecast, by Type of Manufacturing, 2023–2033
Table 14: Europe Market Revenue (US$ Mn) Forecast, by Services, 2023–2033
Table 15: Europe Market Revenue (US$ Mn) Forecast, by Application, 2023–2033
Table 16: Asia Pacific Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2023–2033
Table 17: Asia Pacific Market Revenue (US$ Mn) Forecast, by Device, 2023–2033
Table 18: Asia Pacific Market Revenue (US$ Mn) Forecast, by Type of Manufacturing, 2023–2033
Table 19: Asia Pacific Market Revenue (US$ Mn) Forecast, by Services, 2023–2033
Table 20: Asia Pacific Market Revenue (US$ Mn) Forecast, by Application, 2023–2033
Table 21: Latin America Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2023–2033
Table 22: Latin America Market Revenue (US$ Mn) Forecast, by Device, 2023–2033
Table 23: Latin America Market Revenue (US$ Mn) Forecast, by Type of Manufacturing, 2023–2033
Table 24: Latin America Market Revenue (US$ Mn) Forecast, by Services, 2023–2033
Table 25: Latin America Market Revenue (US$ Mn) Forecast, by Application, 2023–2033
Table 26: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2023–2033
Table 27: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Type of Manufacturing, 2023–2033
Table 28: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Services, 2023–2033
Table 29: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Application, 2023–2033
Table 30: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Device, 2023–2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Forecast, 2023–2033
Figure 02: Global Market Value Share Analysis, by Device, 2023 and 2033
Figure 03: Global Market Revenue (US$ Mn), by In-vitro Diagnostic
Figure 04: Global Market Revenue (US$ Mn), by Diagnostic Imaging
Figure 05: Global Market Revenue (US$ Mn), by Drug Delivery Devices, 2023–2033
Figure 06: Global Market Revenue (US$ Mn), by Patient Monitoring Devices, 2023–2033
Figure 07: Global Market Revenue (US$ Mn), by Minimally Access
Figure 08: Global Market Revenue (US$ Mn), by Therapeutic Patient
Figure 09: Global Market Revenue (US$ Mn), by Other Devices, 2023–2033
Figure 10: Global Market Attractiveness Analysis, by Device, 2023–2033
Figure 11: Global Market Value Share Analysis, by Type of Manufacturing, 2022 and 2033
Figure 12: Global Market Revenue (US$ Mn), by Raw Materials, 2023-2033
Figure 13: Global Market Revenue (US$ Mn), by Electronics, 2023-2033
Figure 14: Global Market Revenue (US$ Mn), by Finished Goods, 2023-2033
Figure 15: Global Market Attractiveness Analysis, by Type of Manufacturing, 2023–2033
Figure 16: Global Market Value Share Analysis, by Services, 2023 and 2033
Figure 17: Global Market Revenue (US$ Mn), by Prototype Development, 2023–2033
Figure 18: Global Market Revenue (US$ Mn), by Finished Device Manufacturing, 2023–2033
Figure 19: Global Market Revenue (US$ Mn), by Assembly & Packaging, 2023–2033
Figure 20: Global Market Revenue (US$ Mn), by Testing & Regulatory Support Services, 2023–2033
Figure 21: Global Market Revenue (US$ Mn), by Molding & Casting, 2023–2033
Figure 22: Global Market Revenue (US$ Mn), by Others, 2023–2033
Figure 23: Global Market Attractiveness Analysis, by Services, 2023–2033
Figure 24: Global Market Value Share Analysis, by Application, 2023 and 2033
Figure 25: Global Market Revenue (US$ Mn), by Cardiovascular, 2023–2033
Figure 26: Global Market Revenue (US$ Mn), by Orthopedic, 2023–2033
Figure 27: Global Market Revenue (US$ Mn), by Neurovascular, 2023–2033
Figure 28: Global Market Revenue (US$ Mn), by Pulmonary, 2023–2033
Figure 29: Global Market Revenue (US$ Mn), by Oncology, 2023–2033
Figure 30: Global Market Revenue (US$ Mn), by Laparoscopy, 2023–2033
Figure 31: Global Market Revenue (US$ Mn), by Urology & Gynecology, 2023–2033
Figure 32: Global Market Revenue (US$ Mn), by Radiology, 2023–2033
Figure 33: Global Market Revenue (US$ Mn), by Others, 2023–2033
Figure 34: Global Market Attractiveness Analysis, by Application, 2023–2033
Figure 35: Global Market Value Share Analysis, by Region, 2023 and 2033
Figure 36: Global Market Attractiveness Analysis, by Region
Figure 37: North America Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2023–2033
Figure 38: North America Market Value Share (%), by Country, 2023 and 2033
Figure 39: North America Market Attractiveness, by Country, 2023–2033
Figure 40: North America Market Value Share (%), by Device, 2023 and 2033
Figure 41: North America Market Attractiveness, by Device, 2023–2033
Figure 42: North America Market Value Share (%), by Type of Manufacturing, 2023 and 2033
Figure 43: North America Market Attractiveness, by Type of Manufacturing, 2023–2033
Figure 44: North America Market Value Share (%), by Services, 2023 and 2033
Figure 45: North America Market Attractiveness, by Service, 2023–2033
Figure 46: North America Market Value Share (%), by Application, 2023 and 2033
Figure 47: North America Market Attractiveness, by Application, 2023–2033
Figure 48: Europe Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2023–2033
Figure 49: Europe Market Value Share (%), by Country, 2023 and 2033
Figure 50: Europe Market Attractiveness, by Country/Sub-region, 2023–2033
Figure 51: Europe Market Value Share (%), by Device, 2023 and 2033
Figure 52: Europe Market Attractiveness, by Device, 2023–2033
Figure 53: Europe Market Value Share (%), by Type of Manufacturing, 2023 and 2033
Figure 54: Europe Market Attractiveness, by Type of Manufacturing, 2023–2033
Figure 55: Europe Market Value Share (%), by Service, 2023 and 2033
Figure 56: Europe Market Attractiveness, by Service, 2023–2033
Figure 57: Europe Market Value Share (%), by Application, 2023 and 2033
Figure 58: Europe Market Attractiveness, by Application, 2023–2033
Figure 59: Asia Pacific Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2023–2033
Figure 60: Asia Pacific Market Value Share (%), by Country/Sub-region, 2023 and 2033
Figure 61: Asia Pacific Market Attractiveness, by Country/Sub-region, 2023–2033
Figure 62: Asia Pacific Market Value Share (%), by Device, 2023 and 2033
Figure 63: Asia Pacific Market Attractiveness, by Device, 2023–2033
Figure 64: Asia Pacific Market Value Share (%), by Type of Manufacturing, 2023 and 2033
Figure 65: Asia Pacific Market Attractiveness, by Type of Manufacturing, 2023–2033
Figure 66: Asia Pacific Market Value Share (%), by Service, 2023 and 2033
Figure 67: Asia Pacific Market Attractiveness, by Service, 2023–2033
Figure 68: Asia Pacific Market Value Share (%), by Application, 2023 and 2033
Figure 69: Asia Pacific Market Attractiveness, by Application, 2023–2033
Figure 70: Latin America Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2023–2033
Figure 71: Latin America Market Value Share (%), by Country/Sub-region, 2023 and 2033
Figure 72: Latin America Market Attractiveness, by Country/Sub-region, 2023–2033
Figure 73: Latin America Market Value Share (%), by Device, 2023 and 2033
Figure 74: Latin America Market Attractiveness, by Device, 2023–2033
Figure 75: Latin America Market Value Share (%), by Type of Manufacturing, 2023 and 2033
Figure 76: Latin America Market Attractiveness, by Type of Manufacturing, 2023–2033
Figure 77: Latin America Market Value Share (%), by Service, 2023 and 2033
Figure 78: Latin America Market Attractiveness, by Service, 2023–2033
Figure 79: Latin America Market Value Share (%), by Application, 2023 and 2033
Figure 80: Latin America Market Attractiveness, by Application, 2023–2033
Figure 81: Middle East & Africa Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2023–2033
Figure 82: Middle East & Africa Market Value Share (%), by Country, 2023 and 2033
Figure 83: Middle East & Africa Market Attractiveness, by Country/Sub-region, 2023–2033
Figure 84: Middle East & Africa Market Value Share (%), by Type of Manufacturing, 2023 and 2033
Figure 85: Middle East & Africa Market Attractiveness, by Type of Manufacturing, 2023–2033
Figure 86: Middle East & Africa Market Value Share (%), by Service, 2023 and 2033
Figure 87: Middle East & Africa Market Attractiveness, by Service, 2023–2033
Figure 88: Middle East & Africa Market Value Share (%), by Application, 2023 and 2033
Figure 89: Middle East & Africa Market Attractiveness, by Application, 2023–2033
Figure 90: Middle East & Africa Market Value Share (%), by Device, 2023 and 2033
Figure 91: Middle East & Africa Market Attractiveness, by Device, 2023–2033
Figure 92: Global Market Analysis, by Top Company Ranking, 2017
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- FAQs -
Who are the major players operating in the medical device contract manufacturing market?
Viant Medical, Consort Medical PLC, and Nipro Corporation are leading medical device contract manufacturers.
What is the current medical device contract manufacturing market size?
The market for medical device contract manufacturing is valued at US$ 75 billion in 2023.
What is the estimated CAGR for the market from 2023 to 2033?
The global medical device contract manufacturing market is set to propel at a CAGR of 11% through 2033.
Which key factors are expected to boost market expansion?
Increasing adoption of technologically advanced surgical procedures and growing geriatric population are driving market growth.
Which is the leading regional market for medical device contract manufacturing?
North America accounts for around 50% share of the global market.