Medical Device Design And Development Services Market To Reach $36.25 Billion By 2033

December 2025 | Report Format: Electronic (PDF)

Medical Device Design And Development Services Market Growth & Trends

The global medical device design and development services market size is expected to reach USD 36.25 billion by 2033, registering a CAGR of 14.42% from 2026 to 2033, according to a new report by Grand View Research, Inc. Growing technological innovations facilitating medical product development through all phases, from initial concept generation to production manufacturing is anticipated to influence the market positively. The development of medical devices has observed significant advancements due to various technological innovations and techniques to develop products that meet the complex needs of the medical & scientific industries.

In addition, the medical devices industry has witnessed significant growth owing to presence of medical device Original Equipment Manufacturers (OEMs) that offers benefits with increased agility, low operational costs, and reduced time to market as well as high return of investment by outsourcing some of their operations. As, OEMs can transform their companies into strategic investments from cost centers. Furthermore, product design and development partners help in reducing time-to-market for a new device, thus speeding up the Return on Investment (ROI). Hence, this is expected to create demand for medical device design and development services.

Moreover, the medical device industry is witnessing competition where companies are opting for various marketing strategies to sustain competition. Besides, trends in medical device design and development industry are for variety of devices, drug delivery systems, therapeutic devices, and patient monitors that are becoming smaller in size, while improving features & performance. This factor has led to extensive R&D, product launches, competitive pricing, and mergers & acquisitions. Moreover, competition necessitates rapid product development and market entry.

In addition, the medical device design and development services are highly beneficial to companies as they helps them create innovative products that are not easy to replicate, allowing for market leadership. Also, the expertise provided by the outsourcing partners helps reduce costs and time for development, pilot testing, and market launching. Such factors are expected to drive the market over the estimated time period.

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Medical Device Design And Development Services Market Report Highlights

  • The global medical device design and development landscape is undergoing a seismic shift driven by the convergence of engineering innovation, clinical demand, and demographic necessity 

  • On the basis of service, the designing and engineering segment held the largest market share of over 38.98% in 2025. Design and engineering firms have proved their abilities by meeting stringent regulatory requirements, even when the project is highly complex 

  • On the basis of the medical devices, the drug delivery devices segment held the largest share in 2025. The segment’s growth is driven by increasing demand for advanced drug delivery solutions, rising expectations for more effective and patient-friendly therapies 

  • On the basis of therapeutic area, the diagnostic segment captured a considerable share in 2025. Innovations in imaging technologies, point-of-care devices, and molecular diagnostics have driven significant investments in design and development 

  • On the basis of the end use, the medical device companies segment dominated the market in 2025. The growth of this segment can be attributed to the increasing demand for quality medical device products globally.

Medical Device Design And Development Services Market Segmentation

Grand View Research has segmented the global medical device design and development services market report based on services, medical devices, therapeutic area, end use, and region:

Medical Device Design And Development Services Services Outlook (Revenue, USD Million, 2021 - 2033)

  • Designing & Engineering

  • Machining

  • Molding

  • Packaging

Medical Device Design And Development Services Medical Devices Outlook (Revenue, USD Million, 2021 - 2033)

  • Cardiovascular devices

    • Ventricular Assist Devices

    • Total Artificial Hearts

    • Pacemakers

    • Implantable Cardioverter Defibrillators (ICDs)

    • Cardiac Loop Recorders

    • Holter Monitors

    • Event Monitors

    • ECMO Systems

    • Consumables

  • POC diagnostic equipment

    • Blood glucose monitor

    • Blood analyzer

    • Blood pressure monitor

    • Pregnancy test kit

    • Infectious diseases testing

    • Hb1Ac testing

    • Coagulation testing Kit

    • Cardiac markers test

    • Thyroid stimulating hormone test

    • Others

  • Drug delivery devices

    • Autoinjectors

    • Infusion Pumps

    • Prefilled Syringes

    • Inhalers

    • Nebulizers

    • Nasal Spray

    • Intrauterine Devices (IUDs)

    • Transdermal Patches

  • Orthopedic devices

    • Prosthetics

    • Orthopedic Navigation Systems

    • Others

  • Dental devices

  • Surgical devices

    • Surgical Robots

    • Others

  • Imagining devices

    • X-Ray

    • MRI Scanners

    • Ultrasound

    • CT Scanners

    • Nuclear Imaging Scanners

  • Sleep & respiratory devices

    • Positive Airway Pressure (PAP) Devices

    • Ventilators

    • Oxygen Concentrators

    • Others

  • Ophthalmology devices

    • Fundus Cameras

    • Slit Lamps

    • Optical Coherence Tomography

    • Corneal Topography Systems

    • Others

  • Endoscopy

  • Diabetes care

  • Cochlear implants

    • Bionic Ear

    • Bionic Eye

  • Neurostimulators

    • Spinal Cord Stimulators

    • Deep Brain Stimulators

    • Others

  • Others

Medical Device Design And Development Services Therapeutic Area Outlook (Revenue, USD Million, 2021 - 2033)

  • Cardiovascular

  • Diagnostic

  • Others

Medical Device Design And Development Services End Use Outlook (Revenue, USD Million, 2021 - 2033)

  • Medical Device Companies

  • Biotechnology Companies

Medical Device Design And Development Services Regional Outlook (Revenue, USD Million, 2021 - 2033)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Thailand

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

    • Oman

    • Qatar

List of Key Players in Medical Device Design And Development Services Market

  • Ximedica

  • DeviceLAb

  • Jabil, Inc.

  • Flex Ltd

  • Plexus Corp

  • Nordson Medical

  • Celestica, Inc.

  • Starfish Medical

  • Planet Innovation

  • Donatelle

  • Cambridge Design Partnership

  • Aran Biomedical

  • Cirtec

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