North America Medical Device Contract Manufacturing Market 2021-2031 by Device Category (Class I, II, III), Device Type (IVD, Diagnostic Imaging, Therapeutic, Drug Delivery), Product (EMS, Raw Materials, Finished Goods), Service, Application, and Country: Trend Forecast and Growth Opportunity
North America medical device contract manufacturing market is projected to grow by 9.4% annually in the forecast period and reach $69,847.9 million by 2031,
- Bonafide Trust
- 31-10-2022
- Pages : 108
- Figures : 54
- Tables : 23
- Region : North America
- Category : Lifescience
- Medical Devices
North America medical device contract manufacturing market is projected to grow by 9.4% annually in the forecast period and reach $69,847.9 million by 2031, driven by the increasing pressure of healthcare cost curbs on medical device companies, the need to speed up device development at a reduced cost, increasing trend of outsourcing among the medical device OEMs, and the technological advancements in medical devices along with the growing investment in healthcare R&D and expenditure. Highlighted with 23 tables and 54 figures, this 108 page report “North America Medical Device Contract Manufacturing Market 2021-2031 by Device Category (Class I, II, III), Device Type (IVD, Diagnostic Imaging, Therapeutic, Drug Delivery), Product (EMS, Raw Materials, Finished Goods), Service, Application, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire North America medical device contract manufacturing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America medical device contract manufacturing market in every aspect of the classification from perspectives of Device Category, Device Type, Product, Service, Application, and Country.
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Download SampleBased on Device Category, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Class I Medical Devices • Class II Medical Devices • Class III Medical Devices Based on Device Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • In-vitro Diagnostics (IVD) • Diagnostic Imaging • Therapeutic Devices • Drug Delivery Devices • Other Device Types By Product, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Electronics Manufacturing Services (EMS) • Raw Materials • Finished Goods
By Service, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Product Manufacturing and Assembly Services • Quality Management Services • Packaging and Sterilization Services • Regulatory Consulting Services • Product Design & Development Services By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Cardiovascular Diseases (CVD) • Oncology • Orthopedics • Endoscopy • Diabetes Care • Wound Care Devices Services • Neurovascular • Urology & Gynecology • Respiratory Care • Other Applications Geographically, the following national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Device Type, Product and Service over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: Benchmark Electronics Inc. Celestica Inc. Flex Ltd. Gerresheimer AG Integer Holdings Corporation Jabil Inc. Nipro Corporation Nortech Systems Inc. Plexus Corp. Sanmina Corporation TE Connectivity Ltd. Tecomet Inc. West Pharmaceutical Services Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents
- 1 Introduction 8
- 1.1 Industry Definition and Research Scope 8
- 1.1.1 Industry Definition 8
- 1.1.2 Research Scope 9
- 1.2 Research Methodology 12
- 1.2.1 Overview of Market Research Methodology 12
- 1.2.2 Market Assumption 13
- 1.2.3 Secondary Data 13
- 1.2.4 Primary Data 13
- 1.2.5 Data Filtration and Model Design 14
- 1.2.6 Market Size/Share Estimation 15
- 1.2.7 Research Limitations 16
- 1.3 Executive Summary 17
- 2 Market Overview and Dynamics 20
- 2.1 Market Size and Forecast 20
- 2.1.1 Impact of COVID-19 on World Economy 21
- 2.1.2 Impact of COVID-19 on the Market 25
- 2.2 Major Growth Drivers 27
- 2.3 Market Restraints and Challenges 33
- 2.4 Emerging Opportunities and Market Trends 36
- 2.5 Porter’s Fiver Forces Analysis 40
- 3 Segmentation of North America Market by Device Category 44
- 3.1 Market Overview by Device Category 44
- 3.2 Class I Medical Devices 46
- 3.3 Class II Medical Devices 47
- 3.4 Class III Medical Devices 48
- 4 Segmentation of North America Market by Device Type 49
- 4.1 Market Overview by Device Type 49
- 4.2 In-vitro Diagnostics (IVD) 51
- 4.3 Diagnostic Imaging 52
- 4.4 Therapeutic Devices 53
- 4.5 Drug Delivery Devices 54
- 4.6 Other Device Types 55
- 5 Segmentation of North America Market by Product 56
- 5.1 Market Overview by Product 56
- 5.2 Electronics Manufacturing Services (EMS) 58
- 5.3 Raw Materials 59
- 5.4 Finished Goods 60
- 6 Segmentation of North America Market by Service 61
- 6.1 Market Overview by Service 61
- 6.2 Product Manufacturing and Assembly Services 63
- 6.3 Quality Management Services 64
- 6.4 Packaging and Sterilization Services 65
- 6.5 Regulatory Consulting Services 66
- 6.6 Product Design & Development Services 67
- 7 Segmentation of North America Market by Application 68
- 7.1 Market Overview by Application 68
- 7.2 Cardiovascular Diseases (CVD) 70
- 7.3 Oncology 71
- 7.4 Orthopedics 72
- 7.5 Endoscopy 73
- 7.6 Diabetes Care 74
- 7.7 Wound Care Devices Services 75
- 7.8 Neurovascular 76
- 7.9 Urology & Gynecology 77
- 7.10 Respiratory Care 78
- 7.11 Other Applications 79
- 8 North America Market 2021-2031 by Country 80
- 8.1 Overview of North America Market 80
- 8.2 U.S. 83
- 8.3 Canada 86
- 8.4 Mexico 88
- 9 Competitive Landscape 90
- 9.1 Overview of Key Vendors 90
- 9.2 New Product Launch, Partnership, Investment, and M&A 93
- 9.3 Company Profiles 94
- Benchmark Electronics Inc. 94
- Celestica Inc. 96
- Flex Ltd. 97
- Gerresheimer AG 98
- Integer Holdings Corporation 99
- Jabil Inc. 100
- Nipro Corporation 101
- Nortech Systems Inc. 102
- Plexus Corp. 103
- Sanmina Corporation 104
- TE Connectivity Ltd. 105
- Tecomet Inc. 106
- West Pharmaceutical Services Inc. 107
- RELATED REPORTS 108
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 17
Figure 4. North America Medical Device Contract Manufacturing Market, 2021-2031, $ mn 20
Figure 5. Impact of COVID-19 on Business 25
Figure 6. Primary Drivers and Impact Factors of North America Medical Device Contract Manufacturing Market 27
Figure 7. Leading Causes of Death in the World, 2000 and 2019, million 30
Figure 8. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 31
Figure 9. World Population 65 and Over, % of Total Population, 1950-2060 31
Figure 10. Primary Restraints and Impact Factors of North America Medical Device Contract Manufacturing Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of North America Medical Device Contract Manufacturing Market 40
Figure 13. Breakdown of North America Medical Device Contract Manufacturing Market by Device Category, 2021-2031, % of Revenue 45
Figure 14. North America Addressable Market Cap in 2022-2031 by Device Category, Value ($ mn) and Share (%) 45
Figure 15. North America Medical Device Contract Manufacturing Market by Device Category: Class I Medical Devices, 2021-2031, $ mn 46
Figure 16. North America Medical Device Contract Manufacturing Market by Device Category: Class II Medical Devices, 2021-2031, $ mn 47
Figure 17. North America Medical Device Contract Manufacturing Market by Device Category: Class III Medical Devices, 2021-2031, $ mn 48
Figure 18. Breakdown of North America Medical Device Contract Manufacturing Market by Device Type, 2021-2031, % of Sales Revenue 50
Figure 19. North America Addressable Market Cap in 2022-2031 by Device Type, Value ($ mn) and Share (%) 50
Figure 20. North America Medical Device Contract Manufacturing Market by Device Type: In-vitro Diagnostics (IVD), 2021-2031, $ mn 51
Figure 21. North America Medical Device Contract Manufacturing Market by Device Type: Diagnostic Imaging, 2021-2031, $ mn 52
Figure 22. North America Medical Device Contract Manufacturing Market by Device Type: Therapeutic Devices, 2021-2031, $ mn 53
Figure 23. North America Medical Device Contract Manufacturing Market by Device Type: Drug Delivery Devices, 2021-2031, $ mn 54
Figure 24. North America Medical Device Contract Manufacturing Market by Device Type: Other Device Types, 2021-2031, $ mn 55
Figure 25. Breakdown of North America Medical Device Contract Manufacturing Market by Product, 2021-2031, % of Sales Revenue 57
Figure 26. North America Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%) 57
Figure 27. North America Medical Device Contract Manufacturing Market by Product: Electronics Manufacturing Services (EMS), 2021-2031, $ mn 58
Figure 28. North America Medical Device Contract Manufacturing Market by Product: Raw Materials, 2021-2031, $ mn 59
Figure 29. North America Medical Device Contract Manufacturing Market by Product: Finished Goods, 2021-2031, $ mn 60
Figure 30. Breakdown of North America Medical Device Contract Manufacturing Market by Service, 2021-2031, % of Revenue 62
Figure 31. North America Addressable Market Cap in 2022-2031 by Service, Value ($ mn) and Share (%) 62
Figure 32. North America Medical Device Contract Manufacturing Market by Service: Product Manufacturing and Assembly Services, 2021-2031, $ mn 63
Figure 33. North America Medical Device Contract Manufacturing Market by Service: Quality Management Services, 2021-2031, $ mn 64
Figure 34. North America Medical Device Contract Manufacturing Market by Service: Packaging and Sterilization Services, 2021-2031, $ mn 65
Figure 35. North America Medical Device Contract Manufacturing Market by Service: Regulatory Consulting Services, 2021-2031, $ mn 66
Figure 36. North America Medical Device Contract Manufacturing Market by Service: Product Design & Development Services, 2021-2031, $ mn 67
Figure 37. Breakdown of North America Medical Device Contract Manufacturing Market by Application, 2021-2031, % of Revenue 69
Figure 38. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 69
Figure 39. North America Medical Device Contract Manufacturing Market by Application: Cardiovascular Diseases (CVD), 2021-2031, $ mn 70
Figure 40. North America Medical Device Contract Manufacturing Market by Application: Oncology, 2021-2031, $ mn 71
Figure 41. North America Medical Device Contract Manufacturing Market by Application: Orthopedics, 2021-2031, $ mn 72
Figure 42. North America Medical Device Contract Manufacturing Market by Application: Endoscopy, 2021-2031, $ mn 73
Figure 43. North America Medical Device Contract Manufacturing Market by Application: Diabetes Care, 2021-2031, $ mn 74
Figure 44. North America Medical Device Contract Manufacturing Market by Application: Wound Care Devices Services, 2021-2031, $ mn 75
Figure 45. North America Medical Device Contract Manufacturing Market by Application: Neurovascular, 2021-2031, $ mn 76
Figure 46. North America Medical Device Contract Manufacturing Market by Application: Urology & Gynecology, 2021-2031, $ mn 77
Figure 47. North America Medical Device Contract Manufacturing Market by Application: Respiratory Care, 2021-2031, $ mn 78
Figure 48. North America Medical Device Contract Manufacturing Market by Application: Other Applications, 2021-2031, $ mn 79
Figure 49. Breakdown of North America Medical Device Contract Manufacturing Market by Country, 2021 and 2031, % of Revenue 81
Figure 50. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 82
Figure 51. U.S. Medical Device Contract Manufacturing Market, 2021-2031, $ mn 84
Figure 52. Canada Medical Device Contract Manufacturing Market, 2021-2031, $ mn 86
Figure 53. Medical Device Contract Manufacturing Market in Mexico, 2021-2031, $ mn 88
Figure 54. Growth Stage of North America Medical Device Contract Manufacturing Industry over the Forecast Period 90
Table 1. Snapshot of North America Medical Device Contract Manufacturing Market in Balanced Perspective, 2021-2031 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. World Health Spending by Region, $ bn, 2013-2020 32
Table 5. Main Product Trends and Market Opportunities in North America Medical Device Contract Manufacturing Market 36
Table 6. North America Medical Device Contract Manufacturing Market by Device Category, 2021-2031, $ mn 44
Table 7. North America Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 49
Table 8. North America Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 56
Table 9. North America Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 61
Table 10. North America Medical Device Contract Manufacturing Market by Application, 2021-2031, $ mn 68
Table 11. North America Medical Device Contract Manufacturing Market by Country, 2021-2031, $ mn 81
Table 12. U.S. Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 85
Table 13. U.S. Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 85
Table 14. U.S. Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 85
Table 15. Canada Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 87
Table 16. Canada Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 87
Table 17. Canada Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 87
Table 18. Mexico Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 89
Table 19. Mexico Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 89
Table 20. Mexico Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 89
Table 21. Benchmark Electronics Inc.: Company Snapshot 94
Table 22. Benchmark Electronics Inc.: Business Segmentation 95
Table 23. Benchmark Electronics Inc.: Product Portfolio 95
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