Global Medical Device Engineering Services Market: Key Trends, Market Share, Growth Drivers, and Forecast for 2025-2034

Medical Device Engineering Services Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

The Business Research Company’s Medical Device Engineering Services Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, June 5, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034

What Is The Projected Market Size Of The Medical Device Engineering Services Market?
Highlighting the market growth, the report shows the medical device engineering services market size has grown rapidly in recent years, expanding from $4.98 billion in 2024 to a projected $5.58 billion in 2025 with a compound annual growth rate CAGR of 12.0%. This impressive growth during the historical period can be attributed to demographic shifts towards an older population, rising incidences of chronic diseases, historical increases in healthcare budgets, and the expansion of medical device companies. Furthermore, the early adoption and growth of home healthcare have driven the market upward.

What Is The Future Outlook For The Medical Device Engineering Services Market Size?
Predicting further expansion, the market size is set to see rapid growth in the next few years, with an expected value of $8.65 billion by 2029 and a CAGR of 11.6%. The upcoming growth in the medical device engineering service market can be chalked up to the expansion of telemedicine and remote patient monitoring, the increasing adoption of wearable health devices, and the proliferation of 3D printing technology. Beyond these factors, growth in precision and personalized medicine will further drive the market. Trends forecasted for this period include the use of AR and VR in device design, the development of wireless charging and power transfer technologies, advances in imaging technologies, the creation of artificial organs and advanced prosthetics, and the development of smart implants with sensors.

Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=15852&type=smp

What Is Propelling The Medical Device Engineering Services Market Growth?
A significant factor propelling the medical device engineering services market forward is the growing patient population suffering from diabetes. Diabetes, a medical condition characterized by high blood glucose sugar levels due to defects in insulin production, insulin action, or both, has seen a rising prevalence due to factors like sedentary lifestyles, aging populations, genetic predisposition, and dietary changes. This rise in patient population necessitates effective diabetes management that is driven by medical device engineering services through the innovation of glucose monitors, insulin delivery systems, artificial pancreas technology, wearables, and user-friendly designs.

Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/medical-device-engineering-services-global-market-report

Who Are The Significant Players In The Medical Device Engineering Services Market Scenario?
At the forefront of the medical device engineering services market are major companies such as Johnson & Johnson, Accenture Plc, Abbott Laboratories, 3M Healthcare, Medtronic Plc, Tata Consultancy Services, Siemens Healthineers, Philips Healthcare, Becton Dickinson and Company, Stryker Corporation, GE Healthcare, Infosys Limited, Baxter International, Boston Scientific, HCL Technologies Limited, Wipro Limited, Zimmer Biomet, Tech Mahindra, Terumo Corporation, Intuitive Surgical, Edwards Lifesciences, Smith & Nephew, Hologic Inc., Varian Medical Systems, Nordson Corporation, L&T Technology Services Limited., Althea Group, Roche Diagnostics, Altran Technologies SA, ClariMed Inc. These companies have been focusing on the development of innovative technological solutions, such as integrated medical device services partners, to enhance functionality, connectivity, and patient monitoring capabilities.

What Is The Sectional Segmentation Of The Medical Device Engineering Services Market?
The medical device engineering services market covered in this report shows segmentation by services, device type, and end-use. The services include Designing & Engineering, Machining, Molding, and Packaging. The device types range from Imaging Devices and Therapeutic Devices to In-Vitro Diagnostic Devices, Diagnostic And Patient Monitoring Devices, Surgical Devices, and Other Devices. These services show a variety of uses within medical device companies and biotechnology companies.

What Does The Regional Landscape Of The Medical Device Engineering Services Market Look Like
In terms of geographical distribution, North America was the largest region in the medical device engineering services market in 2024. However, Asia-Pacific is projected to be the fastest-growing region in the forecast period. The countries covered in the market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, and Spain.

Browse Through More Similar Reports By The Business Research Company:

Engineering Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/engineering-services-global-market-report

Automotive Engineering Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/automotive-engineering-services-global-market-report

Network Engineering Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/network-engineering-services-global-market-report

About The Business Research Company
Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
LinkedIn
Facebook
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.