Medical Device Contract Manufacturing Market Report 2022-2032

Forecasts by Sector (Electronic Manufacturing Services, Material Processing, Finished Products), by Class of Device (Class I, Class II, Class III), by Service Type (Device Development and Manufacturing Services, Quality Management Services), by Device Type (Diagnostic Devices, Drug Delivery Devices, Therapeutic Devices, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.


New York, Sept. 28, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Medical Device Contract Manufacturing Market Report 2022-2032" -

The Medical Device Contract Manufacturing Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Ageing Population Coupled with Rising Healthcare Expenditure to Open New Avenues

In recent years, the medical device industry has expanded, led largely by longer life expectancy and increased healthcare spending. In developing markets, this is particularly evident. In addition, a move to value-based healthcare solutions has been generated by the regulatory climate, which has resulted in intensified competitiveness, evolving business models and the introduction of new strategies for achieving sustained growth in this competitive industry. In addition, the growing geriatric population and the resulting rise in the incidence and prevalence of chronic diseases are also pushing the acceptance of medical devices.

In the medical device contract manufacturing industry, developing economies such as China, India, and Brazil present substantial growth prospects for players. Their tremendous customer population, increasing knowledge of healthcare, and developments in healthcare facilities have created a desirable climate for healthcare markets to expand overall. When compared to their developed counterparts, these countries still have relatively lenient laws.

Medical Device Contract Manufacturing Challenges

Due to relentless cost increases combined with growing demands to minimise time to market, manufacturers of medical devices are gradually engaged in completely or partly outsourcing their product production and assembly. This provides space for medical device firms to spend more on their core competencies and still focus on cost cutting and business pace opportunities. However, when it comes to medical device outsourcing, there is much more to assess and calculate, particularly in terms of adhering to the requisite quality requirements. This article encapsulates the key advantages and the several considerations to consider when participating in outsourcing medical equipment, from the typical risks to determining the vertical integration capability of an outsourcing partner.

What Questions Should You Ask before Buying a Market Research Report?

• How is the medical device contract manufacturing market evolving?

• What is driving and restraining the medical device contract manufacturing market?

• How will each medical device contract manufacturing submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?

• How will the market shares for each medical device contract manufacturing submarket develop from 2022 to 2032?

• What will be the main driver for the overall market from 2022 to 2032?

• Will leading medical device contract manufacturing markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

• How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?

• Who are the leading players and what are their prospects over the forecast period?

• What are the medical device contract manufacturing projects for these leading companies?

• How will the industry evolve during the period between 2022 and 2032? What are the implications of medical device contract manufacturing projects taking place now and over the next 10 years?

• Is there a greater need for product commercialisation to further scale the medical device contract manufacturing market?

• Where is the medical device contract manufacturing market heading and how can you ensure you are at the forefront of the market?

• What are the best investment options for new product and service lines?

• What are the key prospects for moving companies into a new growth path?

You need to discover how this will impact the medical device contract manufacturing market today, and over the next 10 years:

• Our 293-page report provides 122 tables and 150 charts/graphs exclusively to you.

• The report highlights key lucrative areas in the industry so you can target them – NOW.

• It contains in-depth analysis of global, regional and national sales and growth.

• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the medical device contract manufacturing market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2032 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.

• You will find original analyses, with business outlooks and developments.

• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising medical device contract manufacturing prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Sector Outlook

• Electronic Manufacturing Services (EMS)

• Material Processing

• Finished Products

Class of Device

• Class I

• Class II

• Class III

Service Type

• Device Development and Manufacturing Services

• Quality Management Services

Device Type

• Diagnostic Devices

• Drug Delivery Devices

• Therapeutic Devices

• Other Devices

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 15 leading national markets:

North America

• U.S.

• Canada


• Germany

• United Kingdom

• France

• Rest of Europe

Asia Pacific

• China

• Japan

• India

• Australia

• South Korea

• Rest of Asia Pacific

Latin America

• Brazil

• Argentina

• Mexico

• Rest of Latin America

Middle East and Africa


• South Africa

• Rest of MEA

The report also includes profiles and for some of the leading companies in the Medical Device Contract Manufacturing Market, 2022 to 2032, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

• Benchmark Electronics

• Celestica Inc.

• Consort Medical PLC

• Cregenna Medical

• Flextronics International

• Forefront Medical Technology

• Gerresheimer

• Integer Holdings Corporation

• Jabil Inc.

• Johari Digital Healthcare

• Nipro Corporation

• Nordson Corporation

• Nortech Systems Incorporated

• Phillips-Medisize

• Plexus Corp.

• Sanmina Corporation

• SMC Ltd.

• Tecomet

• Teleflex Incorporated

• West Pharmaceutical Services

Overall world revenue for Medical Device Contract Manufacturing Market, 2022 to 2032 in terms of value the market will surpass US$77 billion in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Medical Device Contract Manufacturing Market, 2022 to 2032 report help you?

In summary, our 290+ page report provides you with the following knowledge:

• Revenue forecasts to 2032 for Medical Device Contract Manufacturing Market, 2022 to 2032 Market, with forecasts for sector, class of device, service type, and device type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

• Revenue forecasts to 2032 for five regional and 15 key national markets – See forecasts for the Medical Device Contract Manufacturing Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and Latin America, and Middle East and Africa. Also forecasted is the market in the U.S., Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.

• Prospects for established firms and those seeking to enter the market – including company profiles for 20 of the major companies involved in the Medical Device Contract Manufacturing Market, 2022 to 2032.

Read the full report:

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