Market revenue in 2022 | USD 440.1 million |
Market revenue in 2030 | USD 905.1 million |
Growth rate | 9.4% (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 39.83% in 2022. Horizon Databook has segmented the UK 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.
It is anticipated to maintain its market share during the forecasted period. Many small-scale medical device companies and global manufacturers form the medical device manufacturing market.
There are around 3,800 companies in the medical technology sector and small- & medium-sized enterprises account for 98% of the market. There are many large companies of the U.S. that have subsidiaries in the UK.
Orthopedics is the main segment of the UK manufacturers and cardiovascular devices, imaging, and diagnostics, among others, play a major role in making UK strong in services related to medical device manufacturing.
Horizon Databook provides a detailed overview of country-level data and insights on the UK product design and development services market , including forecasts for subscribers. This country databook contains high-level insights into UK product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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