Global Medical Device Contract Manufacturing Market Size & Outlook
Global medical device contract manufacturing market, 2018-2030 (US$M)
Related Markets
Global medical device contract manufacturing market highlights
- The global medical device contract manufacturing market generated a revenue of USD 76,798.3 million in 2024 and is expected to reach USD 151,978.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 12.4% by 2030.
- In terms of segment, class ii accounted for a revenue of USD 69,029.1 million in 2024.
- Class II is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 76,798.3 million |
| Market revenue in 2030 | USD 151,978.4 million |
| Growth rate | 12.4% (CAGR from 2025 to 2030) |
| Largest segment | Class ii |
| Fastest growing segment | Class II |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Class I, Class II, Class III |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global medical device contract manufacturing market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 12,874.8 million by 2030.
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Medical Device Contract Manufacturing Market Scope
Medical Device Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical device contract manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device contract manufacturing market will help companies and investors design strategic landscapes.
Class ii was the largest segment with a revenue share of 89.88% in 2024. Horizon Databook has segmented the Global medical device contract manufacturing market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Device Contract Manufacturing Product Outlook (Revenue, USD Million, 2018-2030)
- Class I
- Class II
- Class III
- Global Medical Device Contract Manufacturing Services Outlook (Revenue, USD Million, 2018-2030)
- Accessories Manufacturing
- Assembly Manufacturing
- Component Manufacturing
- Device Manufacturing
- Packaging and Labeling
- Others
- Global Medical Device Contract Manufacturing Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Cardiovascular Devices
- Orthopedic Devices
- Ophthalmic Devices
- Diagnostic Devices
- Respiratory Devices
- Surgical Instruments
- Dental
- Others
- Global Medical Device Contract Manufacturing End Use Outlook (Revenue, USD Million, 2018-2030)
- Original Equipment Manufacturers (OEMs)
- Pharmaceutical & Biopharmaceutical Companies
- Others
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Target buyers of Global medical device contract manufacturing market databook
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Our clientele includes a mix of medical device contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global medical device contract manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global medical device contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical device contract manufacturing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical device contract manufacturing market size, 2024 (US$M)
Global medical device contract manufacturing market share, by product, 2024 & 2030 (%, US$M)
Medical device contract manufacturing market: Opportunity assessment by country
Global medical device contract manufacturing market, by region, 2024 (US$M)
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