Global Therapeutic Device Contract Manufacturing Market Size & Outlook

The global therapeutic device contract manufacturing market size was estimated at USD 53,660.5 million in 2024 and is projected to reach USD 159,761.1 million by 2033, growing at a CAGR of 13.1% from 2025 to 2033.
Revenue, 2024 (US$M)
$53,660.5
Forecast, 2033 (US$M)
$159,761.1
CAGR, 2025 - 2033
13.1%
Report Coverage
Worldwide

Global therapeutic device contract manufacturing market, 2021-2033 (US$M)

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Global therapeutic device contract manufacturing market highlights

  • The global therapeutic device contract manufacturing market generated a revenue of USD 53,660.5 million in 2024 and is expected to reach USD 159,761.1 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 13.1% by 2033.
  • In terms of segment, class ii accounted for a revenue of USD 48,215.4 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 2033.

Global data book summary

Market revenue in 2024USD 53,660.5 million
Market revenue in 2033USD 159,761.1 million
Growth rate13.1% (CAGR from 2025 to 2033)
Largest segmentClass ii
Fastest growing segmentClass II
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationClass I, Class II, Class III

Other key industry trends

  • In terms of revenue, the North America accounted for 28.0% of the global therapeutic device contract manufacturing market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, India is the fastest growing regional market and is projected to reach USD 12,899.7 million by 2033.

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Therapeutic Device Contract Manufacturing Market Companies

Name Profile # Employees HQ Website
Synecco View profile 11-50 Galway, Galway, Ireland, Europe https://www.synecco.com/
Phillips-Medisize View profile 1001-5000 Hudson, Wisconsin, United States, North America http://phillipsmedisize.com
Integer Holdings Corp View profile 10500 5830 Granite Parkway, Suite 1150, Plano, TX, United States, 75024 https://www.integer.net
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
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 therapeutic 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 therapeutic device contract manufacturing market will help companies and investors design strategic landscapes.


Class ii was the largest segment with a revenue share of 89.85% in 2024. Horizon Databook has segmented the Global therapeutic 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 Therapeutic Device Contract Manufacturing Product Outlook (Revenue, USD Million, 2021-2033)
    • Class I
    • Class II
    • Class III
  • Global Therapeutic Device Contract Manufacturing Services Outlook (Revenue, USD Million, 2021-2033)
    • Accessories Manufacturing
    • Assembly Manufacturing
    • Component Manufacturing
    • Device Manufacturing
    • Packaging and Labeling
    • Others
  • Global Therapeutic Device Contract Manufacturing Therapeautic Area Outlook (Revenue, USD Million, 2021-2033)
    • Cardiovascular Devices
    • Orthopedic Devices
    • Ophthalmic Devices
    • Respiratory Devices
    • Surgical Instruments
    • Dental
    • Others
  • Global Therapeutic Device Contract Manufacturing End Use Outlook (Revenue, USD Million, 2021-2033)
    • Original Equipment Manufacturers (OEMs)
    • Pharmaceutical & Biopharmaceutical Companies
    • Others

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Target buyers of Global therapeutic device contract manufacturing market databook

  • Our clientele includes a mix of therapeutic device contract manufacturing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global therapeutic device contract manufacturing market , including forecasts for subscribers. This global databook contains high-level insights into Global therapeutic device contract manufacturing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global therapeutic device contract manufacturing market size, by regions, 2021-2033 (US$M)

Top 10 countries: Therapeutic device contract manufacturing market size, 2024 (US$M)

Global therapeutic device contract manufacturing market share, by product, 2024 & 2033 (%, US$M)

Therapeutic device contract manufacturing market: Opportunity assessment by country

Global therapeutic device contract manufacturing market, by region, 2024 (US$M)

Global therapeutic device contract manufacturing market size, by regions, 2021-2033 (US$M)

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