Medical Device Design and Development Services Market Report 2025

This Medical Device Design and Development Services market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The medical device design and development services market size has grown rapidly in recent years. It will grow from $12.0 billion in 2024 to $13.72 billion in 2025 at a compound annual growth rate (CAGR) of 14.36%. The growth during the historic period was driven by factors such as an aging population, the expansion of personalized medicine, rising healthcare expenditures, increased investment in research and development, and the growth of healthcare infrastructure.

The medical device design and development services market size is expected to see rapid growth in the next few years. It will grow to $23.26 billion in 2029 at a compound annual growth rate (CAGR) of 14.10%. In the forecast period, growth is expected to be fueled by rising demand for diagnostic tools, a shift toward home healthcare solutions, an increasing need for advanced diagnostic tools in disease detection, greater use of imaging devices in diagnostics, and a stronger focus on preventative care. Key trends anticipated include the integration of artificial intelligence (AI) and machine learning, advancements in 3D printing technology, the miniaturization of medical devices, innovations in telemedicine, and developments in surgical robotics.

The increasing prevalence of chronic diseases is projected to drive the growth of the medical device design and development services market. Chronic diseases, which persist for a year or longer and require ongoing medical attention, can significantly affect daily activities and quality of life. Factors such as aging populations, unhealthy lifestyle habits, poor diets, physical inactivity, and heightened stress levels contribute to their growing prevalence. Medical device design and development services address these conditions by creating innovative and user-centric solutions that improve disease management, enhance patient outcomes, and streamline long-term care. For example, in June 2024, the Australian Institute of Health and Welfare reported that the age-standardized death rate from chronic conditions increased from 448 per 100,000 in 2020 to 459 per 100,000 in 2021, rising further to 490 per 100,000 in 2022. This upward trend underscores the need for advanced medical devices tailored to chronic disease management, fueling market growth.

Companies in the medical device design and development services market are adopting human-centric design principles to improve user experience, product functionality, and patient safety. These principles prioritize the needs, preferences, and limitations of end users, ensuring usability, comfort, and accessibility. In January 2023, ClariMed Inc., a U.S.-based medical equipment company, launched its first MedTech services platform, emphasizing integrated, human-centered solutions for medical product development. This initiative combines product strategy, design, development, and regulatory compliance into a unified process, ensuring that medical devices are not only technologically advanced but also user-friendly and effective.

In January 2024, Sanner GmbH, a German manufacturer of plastic packaging and medical devices, acquired Springboard Pro to expand its medical device design capabilities. The acquisition allows Sanner to provide comprehensive end-to-end services across the drug delivery, diagnostics, and medtech sectors while establishing a Design Center of Excellence in the UK. Springboard Pro, a UK-based company specializing in medical device design and development, enhances Sanner's ability to deliver innovative and tailored solutions, strengthening its position in the global market.

Major players in the medical device design and development services market are Johnson & Johnson Inc., Siemens Healthineers AG, Jabil Inc., Medtronic plc, Flex Ltd., Stryker Corporation, Quest Global Engineering Services Private Limited, Boston Scientific Corporation, Sanmina Corporation, Plexus Corp., Integer Holdings Corporation, Nordson MEDICAL Inc., Veranex Solutions, Cirtec Medical Corporation, Cambridge Design Partnership, Planet Innovation Technologies Pvt. Ltd., Ximedica LLC, Starfish Medical, Avail Medsystems, DeviceLab Inc.

North America was the largest region in the medical device design and development services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical device design and development services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the medical device design and development services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Medical device design and development services encompass the creation and improvement of medical devices, ensuring they comply with regulatory standards and meet user requirements. These services prioritize the development of innovative, safe, and effective healthcare products, guiding them from initial concept to commercialization.

The primary types of services in this field include designing and engineering, machining, molding, and packaging. Designing and engineering services focus on creating innovative medical devices, covering the entire process from concept development to production readiness. This includes product design, prototyping, regulatory compliance, and testing - critical steps for delivering safe and effective products to market. Medical devices covered under these services include cardiovascular devices, point-of-care (POC) diagnostic equipment, HbA1c testing systems, drug delivery devices, orthopedic devices, dental devices, imaging devices, surgical devices, sleep and respiratory devices, and more. These services cater to applications in treatment and diagnostics and are utilized by end users such as medical device companies and biotechnology firms.

The medical device design and development services market research report is one of a series of new reports that provides medical device design and development services market statistics, including the medical device design and development services industry global market size, regional shares, competitors with the medical device design and development services market share, detailed medical device design and development services market segments, market trends, and opportunities, and any further data you may need to thrive in the medical device design and development services industry. This medical device design and development services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The medical device design and development services market includes revenues earned by entities by providing services such as product conceptualization and design, manufacturing support, regulatory compliance assistance, and quality assurance and risk management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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