Australia Medical Device Design And Development Services Market Size & Outlook

The medical device design and development services market in Australia is expected to reach a projected revenue of US$ 1,015.2 million by 2033. A compound annual growth rate of 10.6% is expected of Australia medical device design and development services market from 2026 to 2033.
Revenue, 2025 (US$M)
$457.4
Forecast, 2033 (US$M)
$1,015.2
CAGR, 2026 - 2033
10.6%
Report Coverage
Australia

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Australia medical device design and development services market, 2021-2033 (US$M)

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Australia medical device design and development services market highlights

  • The Australia medical device design and development services market generated a revenue of USD 457.4 million in 2025 and is expected to reach USD 1,015.2 million by 2033.
  • The Australia market is expected to grow at a CAGR of 10.6% from 2026 to 2033.
  • In terms of segment, designing & engineering was the largest revenue generating services in 2025.
  • Packaging is the most lucrative services segment registering the fastest growth during the forecast period.


Medical device design and development services market data book summary

Market revenue in 2025USD 457.4 million
Market revenue in 2033USD 1,015.2 million
Growth rate10.6% (CAGR from 2026 to 2033)
Largest segmentDesigning & engineering
Fastest growing segmentPackaging
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationDesigning & Engineering, Machining, Molding, Packaging
Key market players worldwideXimedica, Jabil Inc, Flex Ltd, Plexus Corp, Nordson Corp, Celestica Inc Ordinary Shares (Subordinate Voting)


Other key industry trends

  • In terms of revenue, Australia accounted for 3.6% of the global medical device design and development services market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China medical device design and development services market is projected to lead the regional market in terms of revenue in 2033.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,259.0 million by 2033.

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Medical Device Design And Development Services Market Scope

Medical device design and development services market segmentation & scope

Medical Device Design And Development Services Market Companies

Name Profile # Employees HQ Website
Celestica Inc Ordinary Shares (Subordinate Voting) View profile 26554 5140 Yonge Street, Suite 1900, Toronto, ON, Canada, M2N 6L7 https://www.celestica.com
Plexus Corp View profile 25000 One Plexus Way, P.O. Box 156, Neenah, WI, United States, 54957 https://www.plexus.com
Jabil Inc View profile 236000 10800 Roosevelt Boulevard North, Saint Petersburg, FL, United States, 33716 https://www.jabil.com
Ximedica View profile 251-500 Providence, Rhode Island, United States, North America http://www.ximedica.com
Nordson Corp View profile 7900 28601 Clemens Road, Westlake, OH, United States, 44145 https://www.nordson.com
Flex Ltd View profile 148115 2 Changi South Lane, Singapore, Singapore, 486123 https://www.flex.com

Australia medical device design and development services market size, by services, 2021-2033 (US$M)

Australia Medical Device Design And Development Services Market Outlook Share, 2025 & 2033 (US$M)

Australia medical device design and development services market size, by services, 2021-2033 (US$M)

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