North America Product Design And Development Services Market To Reach $8.29 Billion By 2030

North America Product Design And Development Services Market Growth & Trends

The North America product design And development services market size is expected to reach USD 8.29 billion by 2030, registering a CAGR of 9.71% from 2025 to 2030, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has significantly impacted the market. During the crisis, the product development firms faced the major challenge of how to continue with business operations while not getting affected by the disease. Also, the huge cost of development, the financial risk of missing the mark, and market timing altogether contributed to the greatest challenges for medical device development and market driving innovation.

However, the ease in the supply chain and significant reduction in market entry barriers have resulted in the recovery of this market. The pandemic has significantly increased the demand for diagnostic kits, Personal Protective Equipment (PPE), ventilators, and other critical medical supplies. Since February 2020, the FDA has authorized over 250 Emergency Use Authorizations (EUAs). The EUAs cover in vitro diagnostics and other testing kits, PPE kits & ventilators, and ECMO devices, among others. The major drivers of the market are increasing complexity in product design, demand for quality products, and cost reduction.

Medical and life sciences companies face extreme cost pressures to develop new and innovative products in shorter time frames while complying with the stringent regulatory requirements of the medical device. The manufacturers face more hurdles in getting cost-effective high-quality products to market faster along with some internal factors, such as design and production. Hence, medical device companies adopt a design-to-manufacturing approach where design, engineering, as well as production teams work in collaboration to develop the product model. This approach enhances both product quality and profitability by decreasing errors in development and designing, thereby increasing success rates.

 Request a free sample copy or view report summary: North America Product Design & Development Services Market Report

North America Product Design And Development Services Market Report Highlights

• The research, strategy, & concept generation segment dominated the market, accounted for over 39.64% revenue share in 2024.

• The medical device segment dominated the market and accounted for the largest share in the overall revenue in 2024. The segment is expected to maintain its position over the forecast period.

• The medical device companies segment dominated the market in 2024 and accounted for the largest share of the overall revenue and is anticipated to witness fastest growth over the analysis time frame.

• The U.S. dominated North America product design and development services market and accounted for 82.26% revenue share in 2024.

North America Product Design And Development Services Market Segmentation

Grand View Research has segmented the global North America product design And development services market on the basis of service, application, end use, and country:

North America Product Design And Development Services Service Outlook (Revenue, USD Million, 2018 - 2030)

• Research, Strategy, & Concept Generation

• Concept & Requirements Development

• Detailed Design & Process Development

• Design Verification & Validation

• Process Validation & Manufacturing Transfer

• Production & Commercial Support

North America Product Design And Development Services Application Outlook (Revenue, USD Million, 2018 - 2030)

• Medical Device

  • Diagnostic Equipment

  • Therapeutic Equipment

  • Clinical Laboratory Equipment

  • Surgical Instruments

  • Biological Storage

  • Consumables

  • Others

• Pharmaceuticals

  • Oncology

  • Cardiovascular Diseases

  • CNS Disorders

  • Autoimmune Diseases

  • Ophthalmology

  • Others

North America Product Design And Development Services End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Medical Device Companies

• Pharmaceutical Companies

• Biotechnology Companies

• Contract Research Organizations

North America Product Design And Development Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

List of Key Players of North America Product Design And Development Services Market

• Ximedica (Veranex)

• DeviceLab, Inc.

• Jabil Inc.

• Flex Ltd.

• Plexus Corp.

• Celestica Inc.

• StarFish Medical

• Nordson Medical

• Planet Innovation

• Donatelle

• Cambridge Design Partnership Ltd.

• Integer Holdings Corporation

• Cirtec