Sweden Medical Device Outsourcing Market Size & Outlook
The medical device outsourcing market in Sweden is expected to reach a projected revenue of US$ 2,277.9 million by 2033. A compound annual growth rate of 14.1% is expected of Sweden medical device outsourcing market from 2026 to 2033.
Sweden medical device outsourcing market highlights
The Sweden medical device outsourcing market generated a revenue of USD 807.8 million in 2025 and is expected to reach USD 2,277.9 million by 2033.
The Sweden market is expected to grow at a CAGR of 14.1% from 2026 to 2033.
In terms of segment, cardiology was the largest revenue generating application in 2025.
General & Plastic Surgery is the most lucrative application segment registering the fastest growth during the forecast period.
Medical device outsourcing market data book summary
Market revenue in 2025
USD 807.8 million
Market revenue in 2033
USD 2,277.9 million
Growth rate
14.1% (CAGR from 2026 to 2033)
Largest segment
Cardiology
Fastest growing segment
General & Plastic Surgery
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Cardiology, Diagnostic imaging, Orthopedic, IVD, Ophthalmic, General & Plastic Surgery, Drug Delivery, Dental, Endoscopy, Diabetes Care, Other Application
Key market players worldwide
SGS AG, Labcorp Holdings Inc, Eurofins Scientific SE, Pace Analytical Services, Intertek Group PLC, Wuxi AppTec Co Ltd, Sotera Health Co Ordinary Shares, Charles River Laboratories International Inc, Medical Device Testing Services, FREYR Battery Inc, PAREXEL, Accell, Genpact Ltd, Criterium Inc., Promedica International, Medpace Holdings Inc, Icon PLC, IQVIA Holdings Inc, Integer Holdings Corp, Tecomet, Jabil Inc, Flex Ltd, Celestica Inc Ordinary Shares (Subordinate Voting), Sanmina Corp, Plexus Corp, Molex, Steris PLC, West Pharmaceutical Services Inc, NAMSA, TUV SUD, RJR Consulting, Mandala International, Global Regulatory Partners, Emergo Group, BioTeknica Engineering & Regulatory Services
Other key industry trends
In terms of revenue, Sweden accounted for 0.5% of the global medical device outsourcing market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Europe, Germany medical device outsourcing market is projected to lead the regional market in terms of revenue in 2033.
Norway is the fastest growing regional market in Europe and is projected to reach USD 1,746.1 million by 2033.
According to Business Monitor International, Sweden is the fourth most attractive market in Western Europe for the commercialization of medical devices. Domestic production is strong in areas such as hospital wheelchairs, sterilizers, and blood pressure monitors. The majority of the local production is for export. The medical device manufacturing industry in Sweden is relatively small and employs approximately 18,000 people.
The majority of manufacturing firms are small to mid-size companies with a small number of MNCs having their own local subsidiaries. The International Trade Administration states that Sweden’s healthcare system is one of the most well developed healthcare systems in the world. The average life expectancy in the country is 84 years for women and 81 years for men.
The country has one of the oldest geriatric population in the world, which is 19.8%. This is increasing the demand for medical devices in the country, thereby creating opportunities for market players in Sweden. Some key players operating in the country are Charles River Laboratories, Laboratory Corporation of America Holdings, and Parexel International Corporation.
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 Outsourcing Market Outlook will help companies and investors design strategic landscapes.
Cardiology was the largest segment with a revenue share of 27.0% in 2025.
Horizon Databook has segmented the Sweden medical device outsourcing market based on cardiology, diagnostic imaging, orthopedic, ivd, ophthalmic, general & plastic surgery, drug delivery, dental, endoscopy, diabetes care, other application covering the revenue growth of each sub-segment from 2021 to 2033.
According to Business Monitor International, Sweden is the fourth most attractive market in Western Europe for the commercialization of medical devices. Domestic production is strong in areas such as hospital wheelchairs, sterilizers, and blood pressure monitors. The majority of the local production is for export. The medical device manufacturing industry in Sweden is relatively small and employs approximately 18,000 people.
The majority of manufacturing firms are small to mid-size companies with a small number of MNCs having their own local subsidiaries. The International Trade Administration states that Sweden’s healthcare system is one of the most well developed healthcare systems in the world. The average life expectancy in the country is 84 years for women and 81 years for men.
The country has one of the oldest geriatric population in the world, which is 19.8%. This is increasing the demand for medical devices in the country, thereby creating opportunities for market players in Sweden. Some key players operating in the country are Charles River Laboratories, Laboratory Corporation of America Holdings, and Parexel International Corporation.
Sweden Medical Device Outsourcing Market Application Outlook (Revenue, USD Million , 2021-2033)
Cardiology
Diagnostic imaging
Orthopedic
IVD
Ophthalmic
General & Plastic Surgery
Drug Delivery
Dental
Endoscopy
Diabetes Care
Other Application
Sweden Medical Device Outsourcing Market Services Outlook (Revenue, USD Million , 2021-2033)
Quality Assurance Services
Regulatory Consulting Services
Product Design & Development Services
Product Testing & Sterilization Services
Product Implementation Services
Product Upgrade Services
Product Maintenance Services
Contract Manufacturing Services
Sweden Medical Device Outsourcing Market Class Type Outlook (Revenue, USD Million , 2021-2033)
Class I
Class II
Class III
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden Medical Device Outsourcing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Sweden Medical Device Outsourcing Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Sweden Medical Device Outsourcing Market, 2021-2033 (US$M)