Medical Device Contract Manufacturing Market to Hit $140.84 Billion by 2030 as Outsourcing Accelerates
Updated
Updated · Yahoo Finance · Aug 14
Medical Device Contract Manufacturing Market to Hit $140.84 Billion by 2030 as Outsourcing Accelerates
2 articles · Updated · Yahoo Finance · Aug 14
Summary
$140.84 billion is the projected 2030 size of the global medical device contract manufacturing market, up from $83.77 billion in 2025, according to MarketsandMarkets.
A 10.9% CAGR is being driven by OEM demand for specialized partners to build complex, small-scale devices used in diagnostic imaging, wearables and minimally invasive procedures.
Asia Pacific is the largest regional market, while IVD devices lead by device type and packaging and assembly is the biggest service segment; Class III devices are both the largest and fastest-growing class.
Rising healthcare costs and tighter regulatory requirements are pushing manufacturers to outsource production to cut expenses and speed time-to-market, with aging populations adding longer-term demand for monitoring, implantables and home-care technologies.