United States of America – July 4, 2025 – The Insight Partners announces its latest market intelligence titled "Medical Device Contract Manufacturing Market: Global Outlook 2022–2031." The report investigates the outsourcing trends reshaping the medtech landscape.

Overview of Medical Device Contract Manufacturing Market

Outsourcing manufacturing processes enables medical device companies to focus on innovation, regulatory compliance, and market expansion. Increasing complexity of medical devices and demand for scalable, cost-effective production are key drivers.

Key Findings and Insights

The medical device contract manufacturing market is expected to grow from US$ 65.23 billion in 2021 to US$ 130.03 billion by 2031. It is expected to grow at a CAGR of 10.3% from 2022 to 2031, reflecting increased reliance on OEM partnerships and global production networks.

Market Segmentation

Segmented by device type (IVD, diagnostic imaging, therapeutic devices), service (prototype development, regulatory support, assembly, packaging), and end-user (large and mid-sized OEMs).

Emerging Trends

Technological Advancements: Automation, 3D printing, and digital twin technologies are optimizing production.

Changing Consumer Preferences: Demand for personalized and wearable medical devices.

Regulatory Changes: Stricter compliance and FDA oversight encourage outsourcing to specialized partners.

Growth Opportunities

Asia-Pacific and Latin America offer cost advantages and expanding manufacturing capacity.

Conclusion

The Medical Device Contract Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022–2031 report provides a blueprint for navigating a competitive and innovation-driven industry.

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