Global Medical Device Contract Manufacturing Market 2022-2028
The global medical device contract manufacturing market is anticipated to increase by USD 60 billion till 2028 at an average annual growth of 9.6 percent as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global medical device contract manufacturing market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the medical device contract manufacturing industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the service type, device, and region. The global market for medical device contract manufacturing can be segmented by service type: contract development and manufacturing, assembly, quality management. According to the research, the contract development and manufacturing segment had the largest share in the global medical device contract manufacturing market. Medical device contract manufacturing market is further segmented by device: diagnostic devices, drug delivery devices, IVD devices, patient monitoring devices, surgical instruments, others. In 2021, the IVD devices segment made up the largest share of revenue generated by the medical device contract manufacturing market. Based on region, the medical device contract manufacturing market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Among these, Asia Pacific was accounted for the highest revenue generator in 2021.
By service type:
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