Medical technology is evolving quickly and becoming more interconnected. Medical device manufacturers are shifting from a transaction-based approach to one that focuses on creating value for patients, providers, payers, and practitioners by providing medical tools and surgical instruments that are innovative, cost-effective, and speak volumes about product quality. For example, customised procedure trays that can be made to fit the needs of surgeons.
Frequently Asked Questions
The market is segmented based on Global Product Design and Development Services Market Segmentation, By Type (Research, Strategy, & Concept Generation, Concept & Requirements Development, Detailed Design & Process Development, Design Verification, Process Validation, Manufacturing Transfer & Design Validation, Production & Commercial Support), Application (Diagnostic Equipment’s, Therapeutic Equipment’s, Surgical Instruments, Clinical Laboratory Equipment’s, Biological Storage, Consumables, Others), End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies, Contract Research Organizations) – Industry Trends and Forecast to 2032
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The Global Product Design And Development Services Market size was valued at USD 6.92 USD Billion in 2024.
The Global Product Design And Development Services Market is projected to grow at a CAGR of 5.3% during the forecast period of 2025 to 2032.
The major players operating in the market include Ximedica, Jabil , Flex , Plexus Corp., Celestica , StarFish Product Engineering , Nordson Corporation, Planet Innovation, Donatelle, HS Design, Bresslergroup, Biomerics, Integrated Computer Solutions , Freudenberg Medical, DeviceLAb , Cambridge Design Partnership , Aran Biomedical.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
