Medical Device Manufacturing Outsourcing Market Size 2025-2029
The medical device manufacturing outsourcing market size is forecast to increase by USD 58.89 billion at a CAGR of 11.5% between 2024 and 2029.
- The market is experiencing significant growth, driven by the increasing cost reduction initiatives of Original Equipment Manufacturers (OEMs). Outsourcing manufacturing processes enables these companies to minimize their capital expenditures and focus on core competencies. However, this market faces challenges that require strategic navigation for optimal growth. Regulatory hurdles impact adoption as stringent regulations, such as the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA), necessitate rigorous compliance. OEMs must ensure their outsourcing partners adhere to these standards to maintain product quality and patient safety. Drug delivery systems, biocompatibility testing, and durability testing are essential for ensuring the long-term performance and safety of medical devices.
- Additionally, supply chain inconsistencies temper growth potential due to the complex and global nature of medical device manufacturing. Ensuring a reliable and efficient supply chain is crucial for meeting demand and maintaining customer satisfaction. Companies seeking to capitalize on this market's opportunities must address these challenges by partnering with reputable outsourcing providers and implementing robust regulatory and supply chain management systems. The medical device manufacturing landscape is experiencing significant shifts, with key areas of focus including medical device software, data security, sustainability practices, and international standards
What will be the Size of the Medical Device Manufacturing Outsourcing Market during the forecast period?
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Class Type
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Medical Device Manufacturing Outsourcing Market 2019 - 2023
- Historic Market Size - Data Table on Global Medical Device Manufacturing Outsourcing Market 2019 - 2023 ($ million)
- 5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
- 5.3 Class Type segment analysis 2019 - 2023
- Historic Market Size - Class Type Segment 2019 - 2023 ($ million)
- 5.4 Service Type segment analysis 2019 - 2023
- Historic Market Size - Service Type Segment 2019 - 2023 ($ million)
- 5.5 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 The AI impact on Global Medical Device Manufacturing Outsourcing Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
- 8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
- 8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 8.3 EMS - Market size and forecast 2024-2029
- Chart on EMS - Market size and forecast 2024-2029 ($ million)
- Data Table on EMS - Market size and forecast 2024-2029 ($ million)
- Chart on EMS - Year-over-year growth 2024-2029 (%)
- Data Table on EMS - Year-over-year growth 2024-2029 (%)
- 8.4 Raw materials - Market size and forecast 2024-2029
- Chart on Raw materials - Market size and forecast 2024-2029 ($ million)
- Data Table on Raw materials - Market size and forecast 2024-2029 ($ million)
- Chart on Raw materials - Year-over-year growth 2024-2029 (%)
- Data Table on Raw materials - Year-over-year growth 2024-2029 (%)
- 8.5 Finished goods - Market size and forecast 2024-2029
- Chart on Finished goods - Market size and forecast 2024-2029 ($ million)
- Data Table on Finished goods - Market size and forecast 2024-2029 ($ million)
- Chart on Finished goods - Year-over-year growth 2024-2029 (%)
- Data Table on Finished goods - Year-over-year growth 2024-2029 (%)
- 8.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Class Type
- 9.1 Market segments
- Chart on Class Type - Market share 2024-2029 (%)
- Data Table on Class Type - Market share 2024-2029 (%)
- 9.2 Comparison by Class Type
- Chart on Comparison by Class Type
- Data Table on Comparison by Class Type
- 9.3 Class II - Market size and forecast 2024-2029
- Chart on Class II - Market size and forecast 2024-2029 ($ million)
- Data Table on Class II - Market size and forecast 2024-2029 ($ million)
- Chart on Class II - Year-over-year growth 2024-2029 (%)
- Data Table on Class II - Year-over-year growth 2024-2029 (%)
- 9.4 Class III - Market size and forecast 2024-2029
- Chart on Class III - Market size and forecast 2024-2029 ($ million)
- Data Table on Class III - Market size and forecast 2024-2029 ($ million)
- Chart on Class III - Year-over-year growth 2024-2029 (%)
- Data Table on Class III - Year-over-year growth 2024-2029 (%)
- 9.5 Class I - Market size and forecast 2024-2029
- Chart on Class I - Market size and forecast 2024-2029 ($ million)
- Data Table on Class I - Market size and forecast 2024-2029 ($ million)
- Chart on Class I - Year-over-year growth 2024-2029 (%)
- Data Table on Class I - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Class Type
- Market opportunity by Class Type ($ million)
- Data Table on Market opportunity by Class Type ($ million)
10 Market Segmentation by Service Type
- 10.1 Market segments
- Chart on Service Type - Market share 2024-2029 (%)
- Data Table on Service Type - Market share 2024-2029 (%)
- 10.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
- 10.3 Manufacturing services - Market size and forecast 2024-2029
- Chart on Manufacturing services - Market size and forecast 2024-2029 ($ million)
- Data Table on Manufacturing services - Market size and forecast 2024-2029 ($ million)
- Chart on Manufacturing services - Year-over-year growth 2024-2029 (%)
- Data Table on Manufacturing services - Year-over-year growth 2024-2029 (%)
- 10.4 Quality assurance and testing - Market size and forecast 2024-2029
- Chart on Quality assurance and testing - Market size and forecast 2024-2029 ($ million)
- Data Table on Quality assurance and testing - Market size and forecast 2024-2029 ($ million)
- Chart on Quality assurance and testing - Year-over-year growth 2024-2029 (%)
- Data Table on Quality assurance and testing - Year-over-year growth 2024-2029 (%)
- 10.5 Device development and design services - Market size and forecast 2024-2029
- Chart on Device development and design services - Market size and forecast 2024-2029 ($ million)
- Data Table on Device development and design services - Market size and forecast 2024-2029 ($ million)
- Chart on Device development and design services - Year-over-year growth 2024-2029 (%)
- Data Table on Device development and design services - Year-over-year growth 2024-2029 (%)
- 10.6 Regulatory and certification support - Market size and forecast 2024-2029
- Chart on Regulatory and certification support - Market size and forecast 2024-2029 ($ million)
- Data Table on Regulatory and certification support - Market size and forecast 2024-2029 ($ million)
- Chart on Regulatory and certification support - Year-over-year growth 2024-2029 (%)
- Data Table on Regulatory and certification support - Year-over-year growth 2024-2029 (%)
- 10.7 Market opportunity by Service Type
- Market opportunity by Service Type ($ million)
- Data Table on Market opportunity by Service Type ($ million)
11 Market Segmentation by End-user
- 11.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 11.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 11.3 Medical device companies - Market size and forecast 2024-2029
- Chart on Medical device companies - Market size and forecast 2024-2029 ($ million)
- Data Table on Medical device companies - Market size and forecast 2024-2029 ($ million)
- Chart on Medical device companies - Year-over-year growth 2024-2029 (%)
- Data Table on Medical device companies - Year-over-year growth 2024-2029 (%)
- 11.4 Pharmaceutical and biotech firms - Market size and forecast 2024-2029
- Chart on Pharmaceutical and biotech firms - Market size and forecast 2024-2029 ($ million)
- Data Table on Pharmaceutical and biotech firms - Market size and forecast 2024-2029 ($ million)
- Chart on Pharmaceutical and biotech firms - Year-over-year growth 2024-2029 (%)
- Data Table on Pharmaceutical and biotech firms - Year-over-year growth 2024-2029 (%)
- 11.5 Hospitals and clinics - Market size and forecast 2024-2029
- Chart on Hospitals and clinics - Market size and forecast 2024-2029 ($ million)
- Data Table on Hospitals and clinics - Market size and forecast 2024-2029 ($ million)
- Chart on Hospitals and clinics - Year-over-year growth 2024-2029 (%)
- Data Table on Hospitals and clinics - Year-over-year growth 2024-2029 (%)
- 11.6 Research institutions - Market size and forecast 2024-2029
- Chart on Research institutions - Market size and forecast 2024-2029 ($ million)
- Data Table on Research institutions - Market size and forecast 2024-2029 ($ million)
- Chart on Research institutions - Year-over-year growth 2024-2029 (%)
- Data Table on Research institutions - Year-over-year growth 2024-2029 (%)
- 11.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
12 Customer Landscape
- 12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
- 13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 13.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 13.4 Asia - Market size and forecast 2024-2029
- Chart on Asia - Market size and forecast 2024-2029 ($ million)
- Data Table on Asia - Market size and forecast 2024-2029 ($ million)
- Chart on Asia - Year-over-year growth 2024-2029 (%)
- Data Table on Asia - Year-over-year growth 2024-2029 (%)
- 13.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 13.6 Rest of World (ROW) - Market size and forecast 2024-2029
- Chart on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- 13.7 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 13.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 13.9 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 13.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 13.11 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 13.12 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 13.13 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 13.14 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 13.15 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 13.16 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 13.17 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
- 14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 14.4 Market opportunities/restraints
15 Competitive Landscape
- 15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 15.3 Landscape disruption
- Overview on factors of disruption
- 15.4 Industry risks
- Impact of key risks on business
16 Competitive Analysis
- 16.2 Company ranking index
- 16.3 Market positioning of companies
- Matrix on companies position and classification
- 16.4 Benchmark Electronics Inc.
- Benchmark Electronics Inc. - Overview
- Benchmark Electronics Inc. - Business segments
- Benchmark Electronics Inc. - Key news
- Benchmark Electronics Inc. - Key offerings
- Benchmark Electronics Inc. - Segment focus
- SWOT
- 16.5 Cadence Inc.
- Cadence Inc. - Overview
- Cadence Inc. - Product / Service
- Cadence Inc. - Key offerings
- SWOT
- 16.6 Celestica Inc.
- Celestica Inc. - Overview
- Celestica Inc. - Business segments
- Celestica Inc. - Key offerings
- Celestica Inc. - Segment focus
- SWOT
- 16.7 Cirtec Medical
- Cirtec Medical - Overview
- Cirtec Medical - Product / Service
- Cirtec Medical - Key offerings
- SWOT
- 16.8 Eurofins Scientific SE
- Eurofins Scientific SE - Overview
- Eurofins Scientific SE - Business segments
- Eurofins Scientific SE - Key offerings
- Eurofins Scientific SE - Segment focus
- SWOT
- 16.9 Flex Ltd.
- Flex Ltd. - Overview
- Flex Ltd. - Business segments
- Flex Ltd. - Key offerings
- Flex Ltd. - Segment focus
- SWOT
- 16.10 Gerresheimer AG
- Gerresheimer AG - Overview
- Gerresheimer AG - Business segments
- Gerresheimer AG - Key news
- Gerresheimer AG - Key offerings
- Gerresheimer AG - Segment focus
- SWOT
- 16.11 Heraeus Holding GmbH
- Heraeus Holding GmbH - Overview
- Heraeus Holding GmbH - Product / Service
- Heraeus Holding GmbH - Key offerings
- SWOT
- 16.12 Integer Holdings Corp.
- Integer Holdings Corp. - Overview
- Integer Holdings Corp. - Business segments
- Integer Holdings Corp. - Key offerings
- Integer Holdings Corp. - Segment focus
- SWOT
- 16.13 Jabil Inc.
- Jabil Inc. - Overview
- Jabil Inc. - Business segments
- Jabil Inc. - Key news
- Jabil Inc. - Key offerings
- Jabil Inc. - Segment focus
- SWOT
- 16.14 Nortech Systems Inc.
- Nortech Systems Inc. - Overview
- Nortech Systems Inc. - Product / Service
- Nortech Systems Inc. - Key offerings
- SWOT
- 16.15 Sanmina Corp.
- Sanmina Corp. - Overview
- Sanmina Corp. - Product / Service
- Sanmina Corp. - Key offerings
- SWOT
- 16.16 TE Connectivity Ltd.
- TE Connectivity Ltd. - Overview
- TE Connectivity Ltd. - Business segments
- TE Connectivity Ltd. - Key news
- TE Connectivity Ltd. - Key offerings
- TE Connectivity Ltd. - Segment focus
- SWOT
- 16.17 Tecomet Inc.
- Tecomet Inc. - Overview
- Tecomet Inc. - Product / Service
- Tecomet Inc. - Key offerings
- SWOT
- 16.18 West Pharmaceutical Services Inc.
- West Pharmaceutical Services Inc. - Overview
- West Pharmaceutical Services Inc. - Business segments
- West Pharmaceutical Services Inc. - Key offerings
- West Pharmaceutical Services Inc. - Segment focus
- SWOT
17 Appendix
- 17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 17.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 17.4 Research methodology
- 17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 17.9 360 degree market analysis
- 360 degree market analysis
- 17.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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