Global Medical Device Contract Manufacturing Market Size & Outlook
Global medical device contract manufacturing market, 2021-2033 (US$M)
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Global medical device contract manufacturing market highlights
- The global medical device contract manufacturing market generated a revenue of USD 76,798.3 million in 2024 and is expected to reach USD 151,978.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 12.4% by 2030.
- In terms of segment, class ii accounted for a revenue of USD 69,029.1 million in 2024.
- Class II is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 76,798.3 million |
| Market revenue in 2030 | USD 151,978.4 million |
| Growth rate | 12.4% (CAGR from 2025 to 2030) |
| Largest segment | Class ii |
| Fastest growing segment | Class II |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Class I, Class II, Class III |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global medical device contract manufacturing market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 12,874.8 million by 2030.
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Medical Device Contract Manufacturing Market Scope
Medical Device Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Integer Holdings Corporation | View profile | - | - | - |
| Keller Group | View profile | 5001-10000 | London, England, United Kingdom, Europe | http://www.keller.co.uk |
| Phillips-Medisize | View profile | 1001-5000 | Hudson, Wisconsin, United States, North America | http://phillipsmedisize.com |
| Sanmina Corp | View profile | 34000 | 2700 North First Street, San Jose, CA, United States, 95134 | https://www.sanmina.com |
| Mack Group | View profile | 1001-5000 | Milford, Connecticut, United States, North America | http://www.mack.com |
| Cirtec Medical | View profile | 101-250 | Enfield, Connecticut, United States, North America | http://cirtecmed.com/ |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Celestica Inc Ordinary Shares (Subordinate Voting) | View profile | 26554 | 5140 Yonge Street, Suite 1900, Toronto, ON, Canada, M2N 6L7 | https://www.celestica.com |
| Plexus Corp | View profile | 25000 | One Plexus Way, P.O. Box 156, Neenah, WI, United States, 54957 | https://www.plexus.com |
| Jabil Inc | View profile | 236000 | 10800 Roosevelt Boulevard North, Saint Petersburg, FL, United States, 33716 | https://www.jabil.com |
| Viant Technology Inc Ordinary Shares - Class A | View profile | 334 | 2722 Michelson Drive, Suite 100, Irvine, CA, United States, 92612 | https://www.viantinc.com |
| Nipro Corp | View profile | 39713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | http://www.nipro.co.jp |
| Flex Ltd | View profile | 148115 | 2 Changi South Lane, Singapore, Singapore, 486123 | https://www.flex.com |
| West Pharmaceutical Services Inc | View profile | 10600 | 530 Herman O. West Drive, Exton, PA, United States, 19341-1147 | https://www.westpharma.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Global medical device contract manufacturing market outlook
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 medical device contract manufacturing market will help companies and investors design strategic landscapes.
Class ii was the largest segment with a revenue share of 89.88% in 2025. Horizon Databook has segmented the Global medical device contract manufacturing market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Medical Device Contract Manufacturing Product Outlook (Revenue, USD Million, 2021-2033)
- Class I
- Class III
- Class II
- Global Medical Device Contract Manufacturing Service Outlook (Revenue, USD Million, 2021-2033)
- Accessories Manufacturing
- Component Manufacturing
- Device Manufacturing
- Assembly Manufacturing
- Others
- Packaging and Labeling
- Global Medical Device Contract Manufacturing Therapeutic Area Outlook (Revenue, USD Million, 2021-2033)
- Surgical Instruments
- Orthopedic Devices
- Ophthalmic Devices
- Dental
- Cardiovascular Devices
- Diagnostic Devices
- Respiratory Devices
- Others
- Global Medical Device Contract Manufacturing End Use Outlook (Revenue, USD Million, 2021-2033)
- Pharmaceutical & Biopharmaceutical Companies
- Original Equipment Manufacturers (OEMs)
- Others
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Target buyers of Global medical device contract manufacturing market databook
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Our clientele includes a mix of medical device contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical device contract manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global medical device contract manufacturing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global medical device contract manufacturing market size, by regions, 2021-2033 (US$M)
Top 10 countries: Medical device contract manufacturing market size, 2025 (US$M)
Global medical device contract manufacturing market share, by end use, 2025 & 2033 (%, US$M)
Medical device contract manufacturing market: Opportunity assessment by country
Global medical device contract manufacturing market, by region, 2025 (US$M)
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