Global Contract Manufacturing of Medical Devices Market 2025-2030: Growth Driven by Aging Populations, Chronic Disease Prevalence, and OEM Shift to ISO- and FDA-Compliant CMOs
ResearchAndMarkets.com has recently added the report titled “Contract Manufacturing of Medical Devices: Global Markets” to its extensive offering, highlighting the dynamic growth and evolving trends in the global medical device contract manufacturing market. The report projects that the market, valued at approximately USD 96.4 billion in 2025, is expected to expand to USD 155.2 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 10.0% over the forecast period from 2025 to 2030.
Key Growth Drivers
Several factors are driving the robust expansion of the global contract manufacturing market for medical devices. One of the primary drivers is the rapid growth of the global aging population. As people live longer, the demand for healthcare services and advanced medical devices, including MedTech minimally invasive surgical tools, wearable devices, and diagnostic instruments, has surged. Concurrently, the prevalence of chronic diseases such as diabetes, cardiovascular disorders, and respiratory conditions is rising worldwide, further fueling demand for innovative medical devices.
Another major trend influencing the market is the growing shift by original equipment manufacturers (OEMs) toward outsourcing production to experienced contract manufacturing organizations (CMOs). Many OEMs are increasingly relying on CMOs that comply with stringent quality standards, including ISO 13485, Good Manufacturing Practices (GMP), and FDA regulations. This trend is motivated by the need to navigate complex regulatory frameworks efficiently while managing operational costs and mitigating production risks.
Scope of the Report
The report provides a comprehensive analysis of current market dynamics and technology trends within the global contract manufacturing landscape for medical devices. MedTech It evaluates the services offered by leading CMOs, including device development, manufacturing, quality management, and assembly. Additionally, the study examines strategic initiatives and market positioning of key players, while also providing projections for market growth across five global regions: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The report’s market estimates are based on 2024 as the base year, with forecasts extending through 2030. It also profiles the leading companies operating in the sector, including Jabil Inc., Flex Ltd., Integer Holdings Corp., Sanmina Corp., and Plexus Corp. Inc., providing insights into their strategic approaches and operational strengths.
Services and Device Types
CMOs offer a wide range of services tailored to the medical device industry. These include device development and prototyping, full-scale manufacturing, quality management services, and assembly operations. The report categorizes the types of devices produced under contract manufacturing agreements, which include diagnostic devices, drug delivery systems, in vitro diagnostic (IVD) devices, surgical instruments, and patient monitoring equipment. By offering specialized services for each device type, CMOs allow OEMs to focus on research, development, and marketing, while ensuring compliance with regulatory standards.
Market Analysis and Data
The report includes 71 data tables and 47 additional analytical tables that provide a detailed overview of the market. These include historical revenue data from 2022 to 2024, estimates for 2025, and growth projections through 2030. The analysis covers market size, revenue potential, and market share by product type, service type, and region. Additionally, the study offers insights into technological advances, regulatory impacts, macroeconomic influences, and supply chain dynamics that shape market conditions.
The report also examines the effect of U.S. tariffs on the contract manufacturing of medical devices, providing a nuanced perspective on how international trade policies could influence global operations. Insights from Porter’s Five Forces framework are included, alongside PESTLE analyses, to assess the competitive landscape and external factors affecting industry growth.
Emerging Trends
The contract manufacturing sector for medical devices is witnessing several notable trends. Digital transformation and the adoption of Industry 4.0 technologies are reshaping manufacturing processes, improving efficiency, and enabling more accurate and rapid device production. MedTech The miniaturization of devices, along with the growing popularity of wearable medical technologies, is further expanding market opportunities. Additionally, supply chain resilience and regionalization are becoming critical considerations, particularly in response to geopolitical uncertainties and global logistics challenges.
Advanced manufacturing technologies, including robotics and automation, are increasingly integrated into production lines, improving precision and scalability. The adoption of these technologies allows CMOs to meet the growing demand for complex devices while maintaining high-quality standards and regulatory compliance.
Regulatory Landscape
The report also delves into the regulatory environment across major markets. In the U.S., Europe, Japan, and other key regions, stringent regulations govern medical device manufacturing. CMOs must comply with these regulations to ensure product safety and efficacy. Regulatory oversight, including adherence to FDA guidelines and ISO standards, is crucial for maintaining operational legitimacy and market access.
Sustainability and ESG Initiatives
Sustainability and environmental, social, and governance (ESG) factors are increasingly shaping the medical device contract manufacturing industry. Companies are adopting green design practices, enhancing energy and process efficiency, and implementing eco-friendly packaging solutions. ESG risk ratings and sustainability practices are now key considerations for OEMs when selecting CMOs. The report highlights these trends, illustrating how leading manufacturers are integrating sustainability into their business models.
Competitive Intelligence and Strategic Insights
The report provides a comprehensive competitive analysis of the contract manufacturing sector, including company profiles, market share analysis, mergers and acquisitions, and investment outlooks. Leading CMOs such as Celestica Inc., Coghlin Companies Inc., Flex Ltd., Integer Holdings Corp., Jabil Inc., Phillips Medisize, Plexus Corp. Inc., Recipharm Ab, Sanmina Corp., Te Connectivity, Teampac, Tegra Medical, Tricor Systems Inc., Valtronic, and Viant are profiled for their strategies, operational strengths, and growth prospects.
The global contract manufacturing market for medical devices is poised for substantial growth from 2025 to 2030, driven by demographic trends, rising chronic disease prevalence, and the increasing reliance of OEMs on regulatory-compliant CMOs. MedTech Advancements in technology, digital transformation, sustainability initiatives, and strategic partnerships are shaping a highly competitive yet MedTech opportunity-rich market. As medical device demand continues to rise globally, CMOs are well-positioned to play a critical role in supporting the healthcare industry with innovative, compliant, and cost-effective manufacturing solutions.
Key Highlights:
- Global market to grow from USD 96.4B in 2025 to USD 155.2B by 2030 at 10% CAGR.
- Growth driven by aging populations, chronic diseases, wearable tech, and regulatory compliance.
- Services include device development, manufacturing, quality management, and assembly.
- Device types: diagnostic, drug delivery, IVD, surgical instruments, patient monitoring.
- Regional analysis covers North America, Europe, Asia-Pacific, South America, and MEA.
- Includes ESG trends, patent insights, Porter’s Five Forces, and supply chain analysis.
- Profiles top CMOs including Jabil, Flex, Integer, Sanmina, and Plexus MedTech
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