9 Medical Device Engineering Market, by Region
9.1 Introduction
9.2 North America
9.2.1 North America: Macroeconomic Outlook
9.2.2 US
9.2.2.1 Financial Backing for Better and Accessible Technology, Along with Rise in Incidence of Lifestyle Diseases
9.2.3 Canada
9.2.3.1 Robust Regulatory Environment in Canada
9.3 Europe
9.3.1 Europe: Macroeconomic Outlook
9.3.2 Germany
9.3.2.1 Largest Market Share in Europe Supported by High Utilization of Diagnostic Imaging Systems
9.3.3 UK
9.3.3.1 Government Initiatives, Funding, and Regulatory Reforms to Drive Innovation
9.3.4 France
9.3.4.1 Combination of Demographic Trends, Increase in Disease Prevalence, and Significant Government Funding
9.3.5 Italy
9.3.5.1 High Focus on Value-based Healthcare Systems
9.3.6 Spain
9.3.6.1 Growth in Investments in Advanced Technologies and Budget Constraints for New Equipment
9.3.7 Rest of Europe
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Macroeconomic Outlook
9.4.2 Japan
9.4.2.1 High Adoption Rate of Premium Medical Technologies and Increase in Geriatric Population
9.4.3 China
9.4.3.1 Push Toward Technological Self-Reliance and Growth in Demand for Premium-Priced Medical Devices
9.4.4 India
9.4.4.1 Growth in Fdi Influx in Healthcare and Increase in Medical Tourism
9.4.5 Australia
9.4.5.1 Substantial Government Funding and Favorable Regulatory Environment
9.4.6 South Korea
9.4.6.1 Rapid Technological Advancement with Presence of Prominent Digital Equipment Manufacturers and Robust Government Support
9.4.7 Rest of Asia-Pacific
9.5 Latin America
9.5.1 Latin America: Macroeconomic Outlook
9.5.2 Brazil
9.5.2.1 Rising Awareness About Advanced Diagnostic and Treatment Procedures
9.5.3 Mexico
9.5.3.1 Favorable Investment Scenario for Medical Device Manufacturers
9.5.4 Rest of Latin America
9.6 Middle East & Africa
9.6.1 Middle East & Africa: Macroeconomic Outlook
9.6.2 GCC Countries
9.6.2.1 Higher Disposable Incomes to Offset Lower Healthcare Spending due to Effects of Economic Downturn
9.6.3 Rest of Middle East & Africa
List of Tables
Table 1 USD Currency Conversion Rates, 2019-2023 (USD)
Table 2 Medical Device Engineering Market: Porter's Five Forces Analysis
Table 3 Japan: Medical Device Classification Under Pmda
Table 4 China: Classification of Medical Devices
Table 5 North America: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 6 Europe: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 7 Asia-Pacific: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 8 Latin America: List of Regulatory Bodies, Government Agencies, And Other Organizations
Table 9 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Average Selling Price of Medical Device Regulatory Consulting Services for Hcl Technologies Limited, by Region, 2021-2023 (USD)
Table 11 Indicative Pricing for Medical Device Software Development and Testing Services, Prototyping Services, and Cybersecurity Services, 2023 (USD)
Table 12 Trade Analysis of Medical Device Products, 2023 (USD Million)
Table 13 Import Data for Instruments and Appliances Used in Medical, Surgical, Dental or Veterinary Sciences, N.E.S. (HS Code 9018), by Country, 2019-2023 (USD Thousand)
Table 14 Export Data for Instruments and Appliances Used in Medical, Surgical, Dental or Veterinary Sciences, N.E.S. (HS Code 9018), by Country, 2019-2023 (USD Thousand)
Table 15 List of Key Conferences and Events in Medical Device Engineering Market in 2024-2025
Table 16 Influence of Stakeholders in Buying Process for Medical Device Engineering Based on End-user
Table 17 Key Buying Criteria for Medical Device Engineering Based on End-user
Table 18 Medical Device Engineering Market: Ecosystem Analysis
Table 19 Software Product Services: Medical Device Engineering By Infosys Limited (India)
Table 20 Automated Infusion Pump: Affordable Infusion Pump With Flow Rate Accuracy of 0.01Ml Per Hour by Tata Elxi (India)
Table 21 Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 22 Key Players Providing Product Innovation & Design/Industrial Design Services
Table 23 Medical Device Product Innovation & Design/Industrial Design Services Market, by Country, 2022-2029 (USD Million)
Table 24 Key Players Providing Prototyping Services
Table 25 Medical Device Prototyping Services Market, by Country, 2022-2029 (USD Million)
Table 26 Key Players Providing Electronics Engineering Services
Table 27 Medical Device Electronics Engineering Services Market, By Country, 2022-2029 (USD Million)
Table 28 Key Players Providing Software Development & Testing Services
Table 29 Medical Device Software Development & Testing Services Market, By Country, 2022-2029 (USD Million)
Table 30 Key Players Providing Connectivity and Mobility Services
Table 31 Medical Device Engineering Market for Connectivity and Mobility Services, by Country, 2022-2029 (USD Million)
Table 32 Key Players Providing Cybersecurity Services
Table 33 Medical Device Cybersecurity Services Market, by Country, 2022-2029 (USD Million)
Table 34 Key Players Providing Product Testing Services
Table 35 Medical Device Product Testing Services Market, by Country, 2022-2029 (USD Million)
Table 36 Key Players Providing Regulatory Consulting Services
Table 37 Medical Device Regulatory Consulting Services Market, by Country, 2022-2029 (USD Million)
Table 38 Key Players Providing Product Support & Maintenance Services
Table 39 Medical Device Engineering Market for Product Support & Maintenance Services, by Country, 2022-2029 (USD Million)
Table 40 Medical Device Engineering Market, by Facility Type, 2022-2029 (USD Million)
Table 41 Medical Device Engineering Market for Engineering Service Providers (Esps), by Service Type, 2022-2029 (USD Million)
Table 42 Medical Device Engineering Market for Global Capability Centers (Gccs), by Service Type, 2022-2029 (USD Million)
Table 43 Medical Device Engineering Market for In-House Services, by Service Type, 2022-2029 (USD Million)
Table 44 Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 45 Medical Device Engineering Market for Diagnostic Imaging Equipment, by Country, 2022-2029 (USD Million)
Table 46 Medical Device Engineering Market for Patient Monitoring & Life Support Devices, by Country, 2022-2029 (USD Million)
Table 47 Medical Device Engineering Market for Surgical Equipment, By Country, 2022-2029 (USD Million)
Table 48 Medical Device Engineering Market for Medical Lasers, by Country, 2022-2029 (USD Million)
Table 49 Medical Device Engineering Market for Ivd Devices, by Country, 2022-2029 (USD Million)
Table 50 Medical Device Engineering Market for Other Medical Devices, By Country, 2022-2029 (USD Million)
Table 51 Medical Device Engineering Market, by Region, 2022-2029 (USD Million)
Table 52 North America: Medical Device Engineering Market, by Country, 2022-2029 (USD Million)
Table 53 North America: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 54 North America: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 55 US: Key Macroeconomic Indicators
Table 56 US: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 57 US: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 58 Canada: Key Macroeconomic Indicators
Table 59 Canada: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 60 Canada: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 61 Europe: Medical Device Engineering Market, by Country, 2022-2029 (USD Million)
Table 62 Europe: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 63 Europe: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 64 Germany: Key Macroeconomic Indicators
Table 65 Germany: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 66 Germany: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 67 UK: Key Macroeconomic Indicators
Table 68 UK: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 69 UK: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 70 France: Key Macroeconomic Indicators
Table 71 France: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 72 France: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 73 Italy: Key Macroeconomic Indicators
Table 74 Italy: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 75 Italy: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 76 Spain: Key Macroeconomic Indicators
Table 77 Spain: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 78 Spain: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 79 Rest of Europe: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 80 Rest of Europe: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 81 Asia-Pacific: Medical Device Engineering Market, by Country, 2022-2029 (USD Million)
Table 82 Asia-Pacific: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 83 Asia-Pacific: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 84 Japan: Key Macroeconomic Indicators
Table 85 Japan: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 86 Japan: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 87 China: Key Macroeconomic Indicators
Table 88 China: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 89 China: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 90 India: Key Macroeconomic Indicators
Table 91 India: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 92 India: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 93 Australia: Key Macroeconomic Indicators
Table 94 Australia: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 95 Australia: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 96 South Korea: Key Macroeconomic Indicators
Table 97 South Korea: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 98 South Korea: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 99 Rest of Asia-Pacific: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 100 Rest of Asia-Pacific: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 101 Latin America: Medical Device Engineering Market, by Country, 2022-2029 (USD Million)
Table 102 Latin America: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 103 Latin America: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 104 Brazil: Key Macroeconomic Indicators
Table 105 Brazil: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 106 Brazil: Medial Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 107 Mexico: Key Macroeconomic Indicators
Table 108 Mexico: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 109 Mexico: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 110 Rest of Latin America: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 111 Rest of Latin America: Medial Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 112 Middle East & Africa: Medical Device Engineering Market, by Country, 2022-2029 (USD Million)
Table 113 Middle East & Africa: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 114 Middle East & Africa: Medical Device Engineering Market, by Device Type, 2022-2029 (USD Million)
Table 115 GCC Countries: Medical Device Engineering Market, by Service Type, 2022-2029 (USD Million)
Table 116 GCC Countries: Medial Equipment Maintenance, by Device Type, 2022-2029 (USD Million)
Table 117 Rest of Middle East & Africa: Medical Device Engineering Market, By Service Type, 2022-2029 (USD Million)
Table 118 Rest of Middle East & Africa: Medial Device Engineering Market, By Device Type, 2022-2029 (USD Million)
Table 119 Medical Device Engineering Market: Degree of Competition
Table 120 Service Type Footprint
Table 121 Device Type Footprint
Table 122 Regional Footprint
Table 123 Medical Device Engineering Market: Detailed List Of Key Startup/SME Players
Table 124 Medical Device Engineering: Competitive Benchmarking of Key Startup/SME Players, by Region
Table 125 Medical Device Engineering Market: Deals, January 2020-July 2024
Table 126 Medical Device Engineering Market: Expansions, January 2020-July 2024
Table 127 Medical Device Engineering Market: Developments, January 2020-July 2024
Table 128 L&T Technology Services Limited (Ltts): Company Overview
Table 129 L&T Technology Services Limited (Ltts): Services Offered
Table 130 L&T Technology Services Limited (Ltts): Deals
Table 131 L&T Technology Services Limited (Ltts): Expansions
Table 132 Infosys Limited: Company Overview
Table 133 Infosys Limited: Services Offered
Table 134 Infosys Limited: Deals
Table 135 Hcl Technologies Limited: Company Overview
Table 136 Hcl Technologies Limited: Services Offered
Table 137 Hcl Technologies Limited: Deals
Table 138 Hcl Technologies Limited: Expansions
Table 139 Tata Consultancy Services Limited: Company Overview
Table 140 Tata Consultancy Services Limited: Services Offered
Table 141 Tata Consultancy Services Limited: Developments
Table 142 Cyient: Company Overview
Table 143 Cyient: Services Offered
Table 144 Wipro Limited: Company Overview
Table 145 Wipro Limited: Services Offered
Table 146 Tech Mahindra Limited: Business Overview
Table 147 Tech Mahindra Limited: Services Offered
Table 148 Tech Mahindra Limited: Developments
Table 149 Capgemini: Company Overview
Table 150 Capgemini: Services Offered
Table 151 Capgemini: Developments
Table 152 Accenture PLC: Business Overview
Table 153 Accenture PLC: Services Offered
Table 154 Alten Group: Company Overview
Table 155 Alten Group: Services Offered
Table 156 Alten Group: Deals
Table 157 Flex Ltd.: Business Overview
Table 158 Flex Ltd.: Services Offered
Table 159 Althea Group: Business Overview
Table 160 Althea Group: Services Offered
Table 161 Embien Technologies India Pvt Ltd.: Company Overview
Table 162 Embien Technologies India Pvt Ltd.: Services Offered
Table 163 Embien Technologies India Pvt Ltd.: Deals
Table 164 Saraca Solutions Private Limited: Company Overview
Table 165 Saraca Solutions Private Limited: Services Offered
Table 166 Consonance: Business Overview
Table 167 Consonance: Services Offered
Table 168 Med Institute: Business Overview
Table 169 Med Institute: Services Offered
List of Figures
Figure 1 Medical Device Service Engineering Market Segmentation
Figure 2 Study Years Considered
Figure 3 Research Design
Figure 4 Key Data from Secondary Sources
Figure 5 Breakdown of Primary Interviews, by Company Type, Designation, and Region
Figure 6 Primary Sources: Medical Device Engineering Market
Figure 7 Research Methodology: Hypothesis Building
Figure 8 Revenue-based Market Size Estimation
Figure 9 Data Triangulation Methodology
Figure 10 Medical Device Engineering Market, by Service Type, 2024 vs. 2029 (USD Million)
Figure 11 Medical Device Engineering Market, by Device Type, 2024 vs. 2029 (USD Million)
Figure 12 Geographic Snapshot: Medical Device Engineering Market
Figure 13 Increase in Prevalence of Chronic Disorders: Major Factor Driving Market Growth
Figure 14 Patient Monitoring Devices &Life Support Devices and China Accounted for Largest Segmental Shares of Asia-Pacific Market in 2023
Figure 15 China to Register Highest Growth Rate During Forecast Period
Figure 16 North America to Continue to Dominate Medical Device Engineering Market During Forecast Period
Figure 17 Developing Markets to Register Higher Growth Rates During Forecast Period
Figure 18 Medical Device Engineering Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Medical Device Engineering Market: Value Chain Analysis
Figure 20 Supply Chain Analysis
Figure 21 Medical Device Engineering Market: Porter's Five Forces Analysis
Figure 22 Patent Publication Trends, 2014-2024
Figure 23 Top Applicants and Owners (Companies/Institutions) for Medical Device Engineering Patents, 2014-2024
Figure 24 Average Selling Price of Medical Device Regulatory Consulting Services for Hcl Technologies Limited, by Region, 2023 (USD)
Figure 25 Influence of Stakeholders in Buying Process for Medical Device Engineering Based on End-user
Figure 26 Key Buying Criteria for Medical Device Engineering Based on End-user
Figure 27 Key Features of Generative AI in Medical Device Engineering Market
Figure 28 Medical Device Engineering Market: Ecosystem
Figure 29 Medical Device Engineering Market: Trends/ Disruptions Affecting Customers’ Businesses
Figure 30 Number of Deals & Fundings in Medical Device Engineering Market, 2018-2022 (USD Million)
Figure 31 Number of Investor Deals, by Key Player, 2018-2022
Figure 32 Value of Investor Deals, by Key Player, 2018-2022 (USD Million)
Figure 33 North America: Medical Device Engineering Market Snapshot
Figure 34 Asia-Pacific: Medical Device Engineering Market Snapshot
Figure 35 Overview of Strategies Deployed by Key Service-based Companies
Figure 36 Revenue Analysis of Top Three Players in Medical Device Engineering Market, 2019-2023 (USD Million)
Figure 37 Market Share Analysis of Key Players, 2023
Figure 38 EV/EBITDA of Key Vendors
Figure 39 Year-To-Date (Ytd) Price Total Return and 5-Year Stock Beta of Key Vendors
Figure 40 Medical Device Engineering Market: Company Evaluation Matrix (Key Players), 2023
Figure 41 Company Footprint, 2023
Figure 42 Medical Device Engineering Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 43 Brand/Product Comparative Analysis, by Model
Figure 44 R&D Expenditure of Key Players, 2022 vs. 2023 (USD Million)
Figure 45 L&T Technology Services Limited (Ltts): Company Snapshot, 2023
Figure 46 Infosys Limited: Company Snapshot, 2023
Figure 47 Hcl Technologies Limited: Company Snapshot, 2023
Figure 48 Tata Consultancy Services Limited: Company Snapshot, 2024
Figure 49 Cyient: Company Snapshot, 2023
Figure 50 Wipro Limited: Company Snapshot, 2024
Figure 51 Tech Mahindra Limited: Company Snapshot, 2023
Figure 52 Capgemini: Company Snapshot, 2023
Figure 53 Accenture PLC: Company Snapshot, 2023
Figure 54 Alten Group: Company Snapshot, 2023
Figure 55 Flex Ltd.: Company Snapshot, 2024