Infinium Global Research Medical Device Contract Manufacturing Market | Page 3

Medical Device Contract Manufacturing Market: Trends and Forecast -2024
relatively stable market are anticipated to bring more opportunities to major
players as well as new entrants in the global medical device contract manufacturing
market.
Among the regions, North America is expected to be the largest market for medical
device contract manufacturing. The U.S holds the largest share in terms of revenue
generation in this region. The presence of electronic manufacturing service in this
region drives the growth in this region. Moreover, growing requirement for
innovative and effective medical devices and rise in medical expenditure will fuel
the growth in this region. The technology advancement and low labor cost in
emerging countries such as China and India drive the growth of Asia-Pacific region.
Segment Covered
The report on global medical device contract manufacturing market covers
segments such as, product type and device type. On the basis of product type the
global medical device contract manufacturing market is categorized into raw
materials, electronic manufacturing services and finished good. On the basis of
device type the global medical device contract manufacturing market is categorized
into class I, class II and class III.
Geographic Coverage
The report provides regional analysis covering geographies such as North America,
Europe, Asia-Pacific, and Rest of the World. In this section the key trends and
market size for each geography is provided over the period of 2018-2024. The
countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global medical device contract
manufacturing market such as, Benchmark Electronics, Inc., Jabil Circuit,
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