Middle East & Africa Product Design And Development Services Market Size & Outlook

The product design and development services market in Middle East & Africa is expected to reach a projected revenue of US$ 1,420.9 million by 2030. A compound annual growth rate of 8% is expected of Middle East & Africa product design and development services market from 2023 to 2030.
Revenue, 2022 (US$M)
$768.7
Forecast, 2030 (US$M)
$1,420.9
CAGR, 2023 - 2030
8%
Report Coverage
Middle East & Africa

Middle East & Africa product design and development services market, 2018-2030 (US$M)

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MEA product design and development services market highlights

  • The MEA product design and development services market generated a revenue of USD 768.7 million in 2022.
  • The market is expected to grow at a CAGR of 8% 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.
  • Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.


MEA data book summary

Market revenue in 2022USD 768.7 million
Market revenue in 2030USD 1,420.9 million
Growth rate8% (CAGR from 2022 to 2030)
Largest segmentResearch, strategy, & concept generation
Fastest growing segmentProcess Validation, Manufacturing Transfer & Design Validation
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResearch, Strategy, & Concept Generation, Concept & Requirements Development, Detailed Design & Process Development, Design Verification, Process Validation, Manufacturing Transfer & Design Validation, Production & Commercial Support
Key market players worldwideXimedica, 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, MEA region accounted for 4.9% of the global product design and development services market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 14,520.8 million by 2030.

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Product Design And Development Services Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 39.78% 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.

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Target buyers of Middle East & Africa 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.).
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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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MEA product design and development services market size, by country, 2018-2030 (US$M)

Middle East & Africa Product Design And Development Services Market Outlook Share, 2022 & 2030 (US$M)

MEA product design and development services market size, by country, 2018-2030 (US$M)

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