Asia Pacific Medical Device Design And Development Services Market Size & Outlook
The medical device design and development services market in Asia Pacific is expected to reach a projected revenue of US$ 10,191.7 million by 2030. A compound annual growth rate of 13.2% is expected of Asia Pacific medical device design and development services market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,266.1
Forecast, 2030 (US$M)
$10,191.7
CAGR, 2024 - 2030
13.2%
Report Coverage
Asia Pacific
Asia Pacific medical device design and development services market, 2018-2030 (US$M)
Related Markets
Asia Pacific medical device design and development services market highlights
- The Asia Pacific medical device design and development services market generated a revenue of USD 4,266.1 million in 2023.
- The market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
- In terms of segment, designing & engineering was the largest revenue generating services in 2023.
- Designing & Engineering is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,266.1 million |
| Market revenue in 2030 | USD 10,191.7 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Designing & engineering |
| Fastest growing segment | Designing & Engineering |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Designing & Engineering, Machining, Molding, Packaging |
| Key market players worldwide | Ximedica, Jabil Inc, Flex Ltd, Plexus Corp, Nordson Corp, Celestica Inc Ordinary Shares (Subordinate Voting) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.3% of the global medical device design and development services market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,191.7 million by 2030.
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Medical Device Design And Development Services Market Scope
Medical device design and development services market segmentation & scope
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Medical Device Design And Development Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical device design and development services market size, by country, 2018-2030 (US$M)
Asia Pacific Medical Device Design And Development Services Market Outlook Share, 2023 & 2030 (US$M)
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