Global Medical Device Manufacturing Outsourcing Market 2025-2029

Medical Device Manufacturing Outsourcing Market 2025-2029

The medical device manufacturing outsourcing market is forecasted to grow by USD 58886 mn during 2024-2029, accelerating at a CAGR of 11.5% during the forecast period. The report on the medical device manufacturing outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus of oems on reducing medical device manufacturing costs, growing complexities in product design and development, and emerging countries as preferred outsourcing destination for medical device manufacturing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's medical device manufacturing outsourcing market is segmented as below:

By Product

• EMS
• Raw materials
• Finished goods

By Class Type

• Class II
• Class III
• Class I

By Service Type

• Manufacturing services
• Quality assurance and testing
• Device development and design services
• Regulatory and certification support

By End-user

• Medical device companies
• Pharmaceutical and biotech firms
• Hospitals and clinics
• Research institutions

By Geographical Landscape

• North America
• Asia
• Europe
• Rest of World (ROW)

This study identifies the increasing mergers and acquisitions activities as one of the prime reasons driving the medical device manufacturing outsourcing market growth during the next few years. Also, technological advances for manufacturing medical devices and increasing consumption of class i medical devices will lead to sizable demand in the market.

The report on the medical device manufacturing outsourcing market covers the following areas:

• Medical Device Manufacturing Outsourcing Market sizing
• Medical Device Manufacturing Outsourcing Market forecast
• Medical Device Manufacturing Outsourcing Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical device manufacturing outsourcing market vendors that include Benchmark Electronics Inc., Cadence Inc., Celestica Inc., Cirtec Medical, Eurofins Scientific SE, Flex Ltd., Gerresheimer AG, Heraeus Holding GmbH, Integer Holdings Corp., Jabil Inc., Kimball Electronics Inc., NN Inc., Nortech Systems Inc., Plexus Corp., Sanmina Corp., Tata Elxsi Ltd., TE Connectivity Ltd., Tecomet Inc., TRICOR Systems Inc., and West Pharmaceutical Services Inc.. Also, the medical device manufacturing outsourcing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.