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.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Medical Device Manufacturing Outsourcing Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Medical Device Manufacturing Outsourcing Market 2019 - 2023 ($ million)
    • Product segment analysis 2019 - 2023
    • Class Type segment analysis 2019 - 2023
    • Service Type segment analysis 2019 - 2023
    • End-user segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • The AI impact on Global Medical Device Manufacturing Outsourcing Market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2024-2029 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • EMS - Market size and forecast 2024-2029
      • Table Data Table on EMS - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on EMS - Year-over-year growth 2024-2029 (%)
    • Raw materials - Market size and forecast 2024-2029
      • Table Data Table on Raw materials - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Raw materials - Year-over-year growth 2024-2029 (%)
    • Finished goods - Market size and forecast 2024-2029
      • Table Data Table on Finished goods - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Finished goods - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Class Type
    • Market segments
      • Table Data Table on Class Type - Market share 2024-2029 (%)
    • Comparison by Class Type
      • Table Data Table on Comparison by Class Type
    • Class II - Market size and forecast 2024-2029
      • Table Data Table on Class II - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Class II - Year-over-year growth 2024-2029 (%)
    • Class III - Market size and forecast 2024-2029
      • Table Data Table on Class III - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Class III - Year-over-year growth 2024-2029 (%)
    • Class I - Market size and forecast 2024-2029
      • Table Data Table on Class I - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Class I - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Class Type
      • Table Data Table on Market opportunity by Class Type ($ million)
  • Market Segmentation by Service Type
    • Market segments
      • Table Data Table on Service Type - Market share 2024-2029 (%)
    • Comparison by Service Type
      • Table Data Table on Comparison by Service Type
    • Manufacturing services - Market size and forecast 2024-2029
      • Table Data Table on Manufacturing services - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Manufacturing services - Year-over-year growth 2024-2029 (%)
    • Quality assurance and testing - Market size and forecast 2024-2029
      • Table Data Table on Quality assurance and testing - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Quality assurance and testing - Year-over-year growth 2024-2029 (%)
    • Device development and design services - Market size and forecast 2024-2029
      • Table Data Table on Device development and design services - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Device development and design services - Year-over-year growth 2024-2029 (%)
    • Regulatory and certification support - Market size and forecast 2024-2029
      • Table Data Table on Regulatory and certification support - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Regulatory and certification support - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Service Type
      • Table Data Table on Market opportunity by Service Type ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2024-2029 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Medical device companies - Market size and forecast 2024-2029
      • Table Data Table on Medical device companies - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Medical device companies - Year-over-year growth 2024-2029 (%)
    • Pharmaceutical and biotech firms - Market size and forecast 2024-2029
      • Table Data Table on Pharmaceutical and biotech firms - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Pharmaceutical and biotech firms - Year-over-year growth 2024-2029 (%)
    • Hospitals and clinics - Market size and forecast 2024-2029
      • Table Data Table on Hospitals and clinics - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Hospitals and clinics - Year-over-year growth 2024-2029 (%)
    • Research institutions - Market size and forecast 2024-2029
      • Table Data Table on Research institutions - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Research institutions - Year-over-year growth 2024-2029 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Asia - Market size and forecast 2024-2029
      • Table Data Table on Asia - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Asia - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • Rest of World (ROW) - Market size and forecast 2024-2029
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • Brazil - Market size and forecast 2024-2029
      • Table Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Brazil - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • South Korea - Market size and forecast 2024-2029
      • Table Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Growing focus of OEMs on reducing medical device manufacturing costs
      • Growing complexities in product design and development
      • Emerging countries as preferred outsourcing destination for medical device manufacturing
    • Market challenges
      • Stringent regulatory environment
      • Intense competition in market
      • Delay in contractual obligations and upgrading new technologies
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Increasing mergers and acquisitions activities
      • Technological advances for manufacturing medical devices
      • Increasing consumption of Class I medical devices
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Benchmark Electronics Inc.
    • Cadence Inc.
    • Celestica Inc.
    • Cirtec Medical
    • Eurofins Scientific SE
    • Flex Ltd.
    • Gerresheimer AG
    • Heraeus Holding GmbH
    • Integer Holdings Corp.
    • Jabil Inc.
    • Nortech Systems Inc.
    • Sanmina Corp.
    • TE Connectivity Ltd.
    • Tecomet Inc.
    • West Pharmaceutical Services Inc.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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