Market revenue in 2022 | USD 768.7 million |
Market revenue in 2030 | USD 1,420.9 million |
Growth rate | 8% (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 |
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 39.78% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
MEA is undergoing demographic and epidemiological transitions that are changing the patterns in morbidity, mortality, & causes of disability. There is an increasing prevalence of disabilities related to chronic conditions and injuries, which is anticipated to boost the market growth in MEA over the forecast period.
Growing healthcare needs and various initiatives by governments to improve the healthcare infrastructure are also supporting market growth in the region. Saudi Arabia, UAE, and Qatar have shown a strong commitment to AI development and implementation.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa product design and development services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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