Global Product Design And Development Services Market Size & Outlook
Global product design and development services market, 2018-2030 (US$M)
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Global product design and development services market highlights
- The global product design and development services market generated a revenue of USD 15,782.9 million in 2022 and is expected to reach USD 32,926.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.6% by 2030.
- In terms of segment, research, strategy, & concept generation accounted for a revenue of USD 6,281.1 million in 2022.
- Process Validation, Manufacturing Transfer & Design Validation is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Kuwait is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 15,782.9 million |
| Market revenue in 2030 | USD 32,926.4 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Research, strategy, & concept generation |
| Fastest growing segment | Process Validation, Manufacturing Transfer & Design Validation |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Research, Strategy, & Concept Generation, Concept & Requirements Development, Detailed Design & Process Development, Design Verification, Process Validation, Manufacturing Transfer & Design Validation, Production & Commercial Support |
Other key industry trends
- In terms of revenue, the North America accounted for 25.0% of the global product design and development services market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 139.4 million by 2030.
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Product Design And Development Services Market Scope
Product Design And Development Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cirtec Medical | View profile | 101-250 | Enfield, Connecticut, United States, North America | http://cirtecmed.com/ |
| Integer Holdings Corp | View profile | 10500 | 5830 Granite Parkway, Suite 1150, Plano, TX, United States, 75024 | https://www.integer.net |
| Cambridge Design Partnership | View profile | 251-500 | Bourn, Cambridgeshire, United Kingdom, Europe | https://www.cambridge-design.com/ |
| Donatelle | View profile | 251-500 | Brighton, Michigan, United States, North America | http://donatellemedical.com |
| Planet Innovation | View profile | 251-500 | Lake Forest, Illinois, United States, North America | https://planetinnovation.com |
| StarFish Medical | View profile | 101-250 | Victoria, British Columbia, Canada, North America | http://starfishmedical.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 |
| DeviceLab | View profile | 1-10 | Santo Amaro, Sao Paulo, Brazil, South America | http://www.devicelab.com.br/en/ |
| Ximedica | View profile | 251-500 | Providence, Rhode Island, United States, North America | http://www.ximedica.com |
| Nordson Corp | View profile | 7900 | 28601 Clemens Road, Westlake, OH, United States, 44145 | https://www.nordson.com |
| Flex Ltd | View profile | 148115 | 2 Changi South Lane, Singapore, Singapore, 486123 | https://www.flex.com |
Global product design and development services 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 product design and development services market will help companies and investors design strategic landscapes.
Research, strategy, & concept generation was the largest segment with a revenue share of 39.8% in 2024. Horizon Databook has segmented the Global product design and development services market based on research, strategy, & concept generation, concept & requirements development, detailed design & process development, design verification, process validation, manufacturing transfer & design validation, production & commercial support covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Product Design And Development Services Application Outlook (Revenue, USD Million, 2018-2030)
- Surgical Instruments
- Diagnostic Equipment
- Therapeutic Equipment
- Biological Storage
- Clinical Laboratory Equipment
- Consumables
- Others
- Global Product Design And Development Services Service Outlook (Revenue, USD Million, 2018-2030)
- Research, Strategy, & Concept Generation
- Detailed Design & Process Development
- Production & Commercial Support
- Design Verification & Validation
- Concept & Requirements Development
- Process Validation & Manufacturing Transfer
- Global Product Design And Development Services End Use Outlook (Revenue, USD Million, 2018-2030)
- Contract Research Organizations
- Biotechnology Companies
- Pharmaceutical Companies
- Medical Device Companies
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Target buyers of Global product design and development services market databook
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Our clientele includes a mix of product design and development services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global product design and development services market , including forecasts for subscribers. This global databook contains high-level insights into Global product design and development services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global product design and development services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Product design and development services market size, 2023 (US$M)
Global product design and development services market share, by application, 2024 & 2030 (%, US$M)
Product design and development services market: Opportunity assessment by country
Global product design and development services market, by region, 2024 (US$M)
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