Global Medical Device Contract Research Organization Market Size & Outlook

The medical device contract research organization industry worldwide is expected to reach a projected revenue of US$ 13,991.7 million by 2030. A compound annual growth rate of 8.8% is expected of the worldwide medical device contract research organization industry from 2024 to 2030.

Revenue, 2023 (US$M)
$7,753.6
Forecast, 2030 (US$M)
$13,991.7
CAGR, 2024 - 2030
8.8%
Report Coverage
Worldwide

Global medical device contract research organization market, 2018-2030 (US$M)

Related Markets

Global medical device contract research organization market highlights

  • The global medical device contract research organization market generated a revenue of USD 7,753.6 million in 2023 and is expected to reach USD 13,991.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 8.8% by 2030.
  • In terms of segment, clinical accounted for a revenue of USD 6,594.8 million in 2023.
  • Preclinical is the most lucrative phase segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 7,753.6 million
Market revenue in 2030USD 13,991.7 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentClinical
Fastest growing segmentPreclinical
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPreclinical, Clinical

Other key industry trends

  • In terms of revenue, the North America accounted for 24.5% of the global medical device contract research organization market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 180.1 million by 2030.

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Medical Device Contract Research Organization Market Companies

Name Profile # Employees HQ Website

Global medical device contract research organization 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 research organization market will help companies and investors design strategic landscapes.


clinical was the largest segment with a revenue share of 85.05% in 2023. Horizon Databook has segmented the Global medical device contract research organization market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Medical Device Contract Research Organization Phase Outlook (Revenue, USD Million, 2018-2030)
    • Preclinical
    • Clinical
  • Global Medical Device Contract Research Organization Service Outlook (Revenue, USD Million, 2018-2030)
    • Project Management/Clinical Supply Management
    • Data Management
    • Regulatory/Medical Affairs
    • Medical Writing
    • Clinical Monitoring
    • Quality Management/ Assurance
    • Bio-statistics
    • Investigator Payments
    • Laboratory
    • Patient and Site Recruitment
    • Technology
    • Other Services
  • Global Medical Device Contract Research Organization Device Type Outlook (Revenue, USD Million, 2018-2030)
    • MedTech devices
    • Diagnostic devices
    • Handheld devices
    • Other Device Type

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Target buyers of Global medical device contract research organization market databook

  • Our clientele includes a mix of medical device contract research organization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical device contract research organization market , including forecasts for subscribers. This global databook contains high-level insights into Global medical device contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global medical device contract research organization market statistics, by region, 2018-2030 (US$M)

Top 10 countries: Medical device contract research organization market size, 2023 (USD Million)

Top 10 countries: Medical device contract research organization market size, 2023 (USD Million)

Global medical device contract research organization market, by region, 2023 (US$M)

Global medical device contract research organization market statistics, by region, 2018-2030 (US$M)

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