Market revenue in 2022 | USD 324.2 million |
Market revenue in 2030 | USD 662.0 million |
Growth rate | 9.3% (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 |
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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 39.82% in 2022. Horizon Databook has segmented the Italy 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.
According to Italy Country Health Profile 2021, heart diseases, stroke, lung cancer, COPD, and diabetes followed by COVID-19 were among the major causes of death in the country in 2020.
The high burden of chronic diseases, followed by high life expectancy, is expected to improve the demand for technologically advanced medical devices for diagnosis & treatment in the country, thus promoting market growth.
The demand for outsourced services, such as product design and development, medical component outsourcing and regulatory affairs, is expected to grow, as there has been an increase in medical device imports from countries such as the U.S., Germany, France, and Belgium.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy product design and development services market , including forecasts for subscribers. This country databook contains high-level insights into Italy product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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