The medical device contract manufacturing market offers growth opportunities due to rising demands for therapeutic devices and expertise gaps in manufacturing. Key segments like therapeutic devices and Class II devices are driving growth, with North America leading. Emerging markets in Asia-Pacific present additional growth potential.
Dublin, Sept. 23, 2025 (GLOBE NEWSWIRE) — The “Medical Device Contract Manufacturing Market Industry Trends and Global Forecasts to 2035: Distribution by Application Area, Device Class, Target Therapeutic Area, and Key Geographical Regions” report has been added to ResearchAndMarkets.com’s offering.
The global medical device contract manufacturing market valued at USD 78.8 billion in 2025, is anticipated to grow at a CAGR of 8.2% during the forecast period.
Over the past 50 years, the medical device industry has seen several notable developments, such as the introduction of minimally invasive surgical instruments and the rise of implantable devices like pacemakers. Additionally, the use of biomedical devices like prostheses has increased substantially over time owing to the fact that each year, millions of individuals undergo surgeries and implantations.
Furthermore, cardioverter defibrillators, prosthetic hips and knees,contact lenses, and cardiac pacemakers are some of the most commonly implanted medical devices, while fixation devices and artificial joints account for about 44% of all medical devices.This is indicative of the growing demand for medical devices in the healthcare domain. However, most developers lack adequate resources and the necessary expertise to manufacture medical devices and related components.
