U.S. Healthcare Contract Manufacturing Market Size & Outlook
U.S. healthcare contract manufacturing market, 2018-2030 (US$M)
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U.S. healthcare contract manufacturing market highlights
- The U.S. healthcare contract manufacturing market generated a revenue of USD 72,140.4 million in 2023 and is expected to reach USD 135,479.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, medical devices was the largest revenue generating type in 2023.
- Medical Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract manufacturing market data book summary
| Market revenue in 2023 | USD 72,140.4 million |
| Market revenue in 2030 | USD 135,479.9 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Pharmaceutical |
| Key market players worldwide | Nordson Corp, Integer Holdings Corp, Jabil Inc, Viant Technology Inc Ordinary Shares - Class A, Flex Ltd, Celestica Inc Ordinary Shares (Subordinate Voting), Sanmina Corp, Plexus Corp, Molex, West Pharmaceutical Services Inc, Catalent Inc, Thermo Fisher Scientific Inc, Recipharm, Boehringer Ingelheim, Lonza Group Ltd, Samsung BioLogics, Wuxi AppTec Co Ltd, FUJIFILM Holdings Corp, Cambrex |
Other key industry trends
- In terms of revenue, U.S. accounted for 29.1% of the global healthcare contract manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. healthcare contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 32,489.7 million by 2030.
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Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. healthcare 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 healthcare contract manufacturing market will help companies and investors design strategic landscapes.
Medical devices was the largest segment with a revenue share of 51.67% in 2023. Horizon Databook has segmented the U.S. healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
According to an article published by the CNN Business, the labor costs in China are nearly 4% less than that in the U.S. In addition, cost and time involved in offshore production also reduces cost-effectiveness and productivity of manufacturing process.
Furthermore, stringent regulatory policies regarding inspection of manufacturing facilities are anticipated to promote domestic contract manufacturing. This can be attributed to the heightened scrutiny, leading to failed inspection and import bans of offshore manufacturing facilities, thereby increasing manufacturing challenges.
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Target buyers of U.S. healthcare contract manufacturing market databook
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Our clientele includes a mix of healthcare contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. healthcare contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. healthcare contract manufacturing market size, by type, 2018-2030 (US$M)
U.S. Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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