Australia Product Design And Development Services Market Size & Outlook
Australia product design and development services market, 2018-2030 (US$M)
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Australia product design and development services market highlights
- The Australia product design and development services market generated a revenue of USD 187.8 million in 2022 and is expected to reach USD 424.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.7% from 2023 to 2030.
- In terms of segment, research, strategy, & concept generation was the largest revenue generating services in 2022.
- Process Validation, Manufacturing Transfer & Design Validation is the most lucrative services segment registering the fastest growth during the forecast period.
Product design and development services market data book summary
| Market revenue in 2022 | USD 187.8 million |
| Market revenue in 2030 | USD 424.2 million |
| Growth rate | 10.7% (CAGR from 2022 to 2030) |
| Largest segment | Research, strategy, & concept generation |
| Fastest growing segment | Process Validation, Manufacturing Transfer & Design Validation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
| Key market players worldwide | Ximedica, DeviceLab, Jabil Inc, Flex Ltd, Plexus Corp, Celestica Inc Ordinary Shares (Subordinate Voting), StarFish Medical, Nordson Corp, Planet Innovation, Donatelle, Cambridge Design Partnership, Integer Holdings Corp, Cirtec Medical |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global product design and development services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China product design and development services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,713.9 million by 2030.
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Product Design And Development Services Market Scope
Product Design And Development Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 39.83% in 2022. Horizon Databook has segmented the Australia 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.
- Australia 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
- Australia 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
- Australia Product Design And Development Services End Use Outlook (Revenue, USD Million, 2018-2030)
- Medical Device Companies
- Pharmaceutical Companies
- Biotechnology Companies
- Contract Research Organizations
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Target buyers of Australia product design and development services market databook
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Our clientele includes a mix of product design and development services 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 country-level data and insights on the Australia product design and development services market , including forecasts for subscribers. This country databook contains high-level insights into Australia product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia product design and development services market size, by services, 2018-2030 (US$M)
Australia Product Design And Development Services Market Outlook Share, 2022 & 2030 (US$M)
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