Medical Device Contract Manufacturing Market Revenue 2024 to 2034
Medical Device Contract Manufacturing Market Revenue 2024 to 2034
The medical device contract manufacturing market, valued at USD 76.8 Bn in 2024, is set to hit USD 246.3 Bn by 2034, expanding at 12.36% CAGR on outsourcing and cost efficiency.
Report ID: 10512
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Format: Databook
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Published: August 2025
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Delivery: Immediate
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Revenue,
USD 76.80 Bn
Forecast Year,
USD 246.31 Bn
CAGR, 2025 -
12.36%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
Medical Device Contract Manufacturing Market Size Analysis
Medical Device Contract Manufacturing Market Size By Product Class 2024 to 2034 (USD )
| Product Class | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class I | 21.50 | 24.09 | 27.00 | 30.25 | 33.90 | 37.98 | 42.56 | 47.68 | 53.43 | 59.87 | 67.08 |
| Class II | 38.40 | 43.29 | 48.80 | 55.01 | 62.01 | 69.89 | 78.78 | 88.80 | 100.09 | 112.81 | 127.15 |
| Class III | 16.90 | 18.91 | 21.16 | 23.68 | 26.51 | 29.67 | 33.20 | 37.16 | 41.58 | 46.54 | 52.08 |
Medical Device Contract Manufacturing Market Size By Service 2024 to 2034 (USD )
| Service | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Design & Development | 11.52 | 12.94 | 14.54 | 16.33 | 18.34 | 20.60 | 23.14 | 26.00 | 29.20 | 32.80 | 36.85 |
| Manufacturing | 42.24 | 47.46 | 53.32 | 59.90 | 67.29 | 75.60 | 84.94 | 95.43 | 107.21 | 120.45 | 135.32 |
| Assembly & Packaging | 13.82 | 15.45 | 17.27 | 19.30 | 21.56 | 24.10 | 26.92 | 30.08 | 33.61 | 37.55 | 41.94 |
| Quality/Regulatory | 9.22 | 10.45 | 11.84 | 13.42 | 15.21 | 17.23 | 19.53 | 22.13 | 25.08 | 28.42 | 32.20 |
Medical Device Contract Manufacturing Market Size By Therapeutic Area 2024 to 2034 (USD )
| Therapeutic Area | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cardiology | 16.90 | 18.92 | 21.20 | 23.74 | 26.59 | 29.78 | 33.35 | 37.35 | 41.83 | 46.85 | 52.47 |
| Orthopedic | 13.82 | 15.39 | 17.13 | 19.06 | 21.21 | 23.60 | 26.26 | 29.21 | 32.49 | 36.13 | 40.18 |
| Diagnostic Imaging | 11.52 | 12.98 | 14.62 | 16.48 | 18.57 | 20.92 | 23.57 | 26.55 | 29.92 | 33.71 | 37.98 |
| IVD | 13.82 | 15.56 | 17.52 | 19.72 | 22.21 | 25.00 | 28.14 | 31.68 | 35.67 | 40.16 | 45.21 |
| General Surgery | 9.22 | 10.57 | 12.12 | 13.90 | 15.93 | 18.24 | 20.89 | 23.92 | 27.37 | 31.32 | 35.82 |
| Others | 11.52 | 12.86 | 14.36 | 16.04 | 17.91 | 19.99 | 22.32 | 24.92 | 27.81 | 31.05 | 34.65 |
Medical Device Contract Manufacturing Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 29.95 | 33.59 | 37.67 | 42.25 | 47.38 | 53.14 | 59.60 | 66.84 | 74.96 | 84.08 | 94.30 |
| Europe | 23.04 | 26.00 | 29.34 | 33.10 | 37.35 | 42.14 | 47.54 | 53.63 | 60.49 | 68.24 | 76.97 |
| Asia Pacific | 19.20 | 21.48 | 24.03 | 26.88 | 30.08 | 33.65 | 37.64 | 42.12 | 47.12 | 52.72 | 58.99 |
| Latin America | 2.30 | 2.76 | 3.29 | 3.91 | 4.63 | 5.47 | 6.44 | 7.56 | 8.87 | 10.37 | 12.11 |
| Middle East & Africa | 2.30 | 2.46 | 2.63 | 2.80 | 2.97 | 3.15 | 3.32 | 3.49 | 3.65 | 3.81 | 3.95 |
Medical Device Contract Manufacturing Market
Medical Device Contract Manufacturing Market
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