Global Product Design And Development Services Market Size & Outlook
Global product design and development services market, 2018-2030 (US$M)
Related Markets
Global product design and development services market highlights
- The global product design and development services market generated a revenue of USD 15,782.9 million in 2022 and is expected to reach USD 32,926.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.6% by 2030.
- In terms of segment, research, strategy, & concept generation accounted for a revenue of USD 6,281.1 million in 2022.
- Process Validation, Manufacturing Transfer & Design Validation is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Kuwait is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 15,782.9 million |
| Market revenue in 2030 | USD 32,926.4 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Research, strategy, & concept generation |
| Fastest growing segment | Process Validation, Manufacturing Transfer & Design Validation |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Research, Strategy, & Concept Generation, Concept & Requirements Development, Detailed Design & Process Development, Design Verification, Process Validation, Manufacturing Transfer & Design Validation, Production & Commercial Support |
Other key industry trends
- In terms of revenue, the North America accounted for 25.0% of the global product design and development services market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 139.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Product Design And Development Services Market Scope
Product Design And Development Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global product design and development services 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 product design and development services market will help companies and investors design strategic landscapes.
Research, strategy, & concept generation was the largest segment with a revenue share of 39.8% in 2022. Horizon Databook has segmented the Global product design and development services market based on research, strategy, & concept generation, concept & requirements development, detailed design & process development, design verification, process validation, manufacturing transfer & design validation, production & commercial support covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Product Design And Development Services Services Outlook (Revenue, USD Million, 2018-2030)
- Research, Strategy, & Concept Generation
- Concept & Requirements Development
- Detailed Design & Process Development
- Design Verification
- Process Validation, Manufacturing Transfer & Design Validation
- Production & Commercial Support
- Global Product Design And Development Services Application Outlook (Revenue, USD Million, 2018-2030)
- Diagnostic Equipments
- Therapeutic Equipments
- Clinical Laboratory Equipments
- Surgical Instruments
- Biological Storage
- Consumables
- Others
- Global Product Design And Development Services End Use Outlook (Revenue, USD Million, 2018-2030)
- Medical Device Companies
- Pharmaceutical Companies
- Biotechnology Companies
- Contract Research Organizations
Reasons to subscribe to Global product design and development services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global product design and development services market databook
-
Our clientele includes a mix of product design and development services market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 product design and development services market , including forecasts for subscribers. This global databook contains high-level insights into Global product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global product design and development services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Product design and development services market size, 2022 (US$M)
Global product design and development services market share, by services, 2022 & 2030 (%, US$M)
Product design and development services market: Opportunity assessment by country
Global product design and development services market, by region, 2022 (US$M)
| Services | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,174.3 | 3,453.1 | 3,439.2 | 3,683.4 | 3,949.0 | 4,247.8 | 4,585.9 | 4,970.5 | 5,406.1 | 5,912.8 | 6,492.0 | 7,153.4 | 7,919.9 | 9.1% |
| Europe | 2,692.2 | 2,944.7 | 2,949.0 | 3,175.9 | 3,423.9 | 3,703.4 | 4,020.6 | 4,382.3 | 4,793.3 | 5,272.3 | 5,821.7 | 6,451.5 | 7,183.9 | 9.7% |
| Asia Pacific | 5,127.4 | 5,637.2 | 5,674.4 | 6,142.0 | 6,654.9 | 7,234.4 | 7,893.2 | 8,645.9 | 9,503.3 | 10,504.0 | 11,654.9 | 12,978.1 | 14,520.8 | 10.2% |
| Latin America | 811.3 | 877.6 | 869.1 | 925.5 | 986.4 | 1,054.7 | 1,131.8 | 1,219.2 | 1,317.8 | 1,432.2 | 1,562.3 | 1,710.2 | 1,880.9 | 8.4% |
| MEA | 640.8 | 690.9 | 682.0 | 723.8 | 768.7 | 819.1 | 875.7 | 939.8 | 1,012.0 | 1,095.5 | 1,190.2 | 1,297.5 | 1,420.9 | 8.0% |
| Overall | 12,445.9 | 13,603.6 | 13,613.7 | 14,650.4 | 15,782.9 | 17,059.5 | 18,507.3 | 20,157.9 | 22,032.5 | 24,216.8 | 26,721.1 | 29,590.7 | 32,926.4 | 9.6% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
