Europe Medical Device Contract Manufacturing Market 2023-2031 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
- Report ID: 57522
- Date: May, 2023
- Pages: 116
- Category: Healthcare & Pharmaceuticals
Europe medical device contract manufacturing market was valued at $ 23,344.2 million in 2021 and will grow by 8.9% annually over 2021-2031, 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 33 tables and 58 figures, this 116 page report “Europe 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 Europe 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 2023 till 2031 with 2022 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 Europe 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 Europe medical device contract manufacturing market in every aspect of the classification from perspectives of Device Category, Device Type, Product, Service, Application, and Country.
Based on Device Category, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Class I Medical Devices
• Class II Medical Devices
• Class III Medical Devices
Based on Device Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• In-vitro Diagnostics (IVD)
• Diagnostic Imaging
• Therapeutic Devices
• Drug Delivery Devices
• Other Device Types
By Product, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Electronics Manufacturing Services (EMS)
• Raw Materials
• Finished Goods
By Service, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 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 Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 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:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2031. 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.)
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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 European Market 2021-2031 by Country 80
8.1 Overview of European Market 80
8.2 Germany 83
8.3 U.K. 85
8.4 France 88
8.5 Spain 90
8.6 Italy 92
8.7 Netherlands 94
8.8 Rest of European Market 96
9 Competitive Landscape 98
9.1 Overview of Key Vendors 98
9.2 New Product Launch, Partnership, Investment, and M&A 101
9.3 Company Profiles 102
Benchmark Electronics Inc. 102
Celestica Inc. 104
Flex Ltd. 105
Gerresheimer AG 106
Integer Holdings Corporation 107
Jabil Inc. 108
Nipro Corporation 109
Nortech Systems Inc. 110
Plexus Corp. 111
Sanmina Corporation 112
TE Connectivity Ltd. 113
Tecomet Inc. 114
West Pharmaceutical Services Inc. 115
RELATED REPORTS 116
List of Tables
List of Tables:
Table 1. Snapshot of Europe 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 Europe Medical Device Contract Manufacturing Market 36
Table 6. Europe Medical Device Contract Manufacturing Market by Device Category, 2021-2031, $ mn 44
Table 7. Europe Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 49
Table 8. Europe Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 56
Table 9. Europe Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 61
Table 10. Europe Medical Device Contract Manufacturing Market by Application, 2021-2031, $ mn 68
Table 11. Europe Medical Device Contract Manufacturing Market by Country, 2021-2031, $ mn 82
Table 12. Germany Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 84
Table 13. Germany Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 84
Table 14. Germany Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 84
Table 15. U.K. Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 87
Table 16. U.K. Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 87
Table 17. U.K. Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 87
Table 18. France Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 89
Table 19. France Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 89
Table 20. France Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 89
Table 21. Spain Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 91
Table 22. Spain Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 91
Table 23. Spain Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 91
Table 24. Italy Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 93
Table 25. Italy Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 93
Table 26. Italy Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 93
Table 27. Netherlands Medical Device Contract Manufacturing Market by Device Type, 2021-2031, $ mn 95
Table 28. Netherlands Medical Device Contract Manufacturing Market by Product, 2021-2031, $ mn 95
Table 29. Netherlands Medical Device Contract Manufacturing Market by Service, 2021-2031, $ mn 95
Table 30. Medical Device Contract Manufacturing Market in Rest of Europe by Country, 2021-2031, $ mn 97
Table 31. Benchmark Electronics Inc.: Company Snapshot 102
Table 32. Benchmark Electronics Inc.: Business Segmentation 103
Table 33. Benchmark Electronics Inc.: Product Portfolio 103
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 17
Figure 4. Europe 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 Europe 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 Europe Medical Device Contract Manufacturing Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of Europe Medical Device Contract Manufacturing Market 40
Figure 13. Breakdown of Europe Medical Device Contract Manufacturing Market by Device Category, 2021-2031, % of Revenue 45
Figure 14. Europe Addressable Market Cap in 2022-2031 by Device Category, Value ($ mn) and Share (%) 45
Figure 15. Europe Medical Device Contract Manufacturing Market by Device Category: Class I Medical Devices, 2021-2031, $ mn 46
Figure 16. Europe Medical Device Contract Manufacturing Market by Device Category: Class II Medical Devices, 2021-2031, $ mn 47
Figure 17. Europe Medical Device Contract Manufacturing Market by Device Category: Class III Medical Devices, 2021-2031, $ mn 48
Figure 18. Breakdown of Europe Medical Device Contract Manufacturing Market by Device Type, 2021-2031, % of Sales Revenue 50
Figure 19. Europe Addressable Market Cap in 2022-2031 by Device Type, Value ($ mn) and Share (%) 50
Figure 20. Europe Medical Device Contract Manufacturing Market by Device Type: In-vitro Diagnostics (IVD), 2021-2031, $ mn 51
Figure 21. Europe Medical Device Contract Manufacturing Market by Device Type: Diagnostic Imaging, 2021-2031, $ mn 52
Figure 22. Europe Medical Device Contract Manufacturing Market by Device Type: Therapeutic Devices, 2021-2031, $ mn 53
Figure 23. Europe Medical Device Contract Manufacturing Market by Device Type: Drug Delivery Devices, 2021-2031, $ mn 54
Figure 24. Europe Medical Device Contract Manufacturing Market by Device Type: Other Device Types, 2021-2031, $ mn 55
Figure 25. Breakdown of Europe Medical Device Contract Manufacturing Market by Product, 2021-2031, % of Sales Revenue 57
Figure 26. Europe Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%) 57
Figure 27. Europe Medical Device Contract Manufacturing Market by Product: Electronics Manufacturing Services (EMS), 2021-2031, $ mn 58
Figure 28. Europe Medical Device Contract Manufacturing Market by Product: Raw Materials, 2021-2031, $ mn 59
Figure 29. Europe Medical Device Contract Manufacturing Market by Product: Finished Goods, 2021-2031, $ mn 60
Figure 30. Breakdown of Europe Medical Device Contract Manufacturing Market by Service, 2021-2031, % of Revenue 62
Figure 31. Europe Addressable Market Cap in 2022-2031 by Service, Value ($ mn) and Share (%) 62
Figure 32. Europe Medical Device Contract Manufacturing Market by Service: Product Manufacturing and Assembly Services, 2021-2031, $ mn 63
Figure 33. Europe Medical Device Contract Manufacturing Market by Service: Quality Management Services, 2021-2031, $ mn 64
Figure 34. Europe Medical Device Contract Manufacturing Market by Service: Packaging and Sterilization Services, 2021-2031, $ mn 65
Figure 35. Europe Medical Device Contract Manufacturing Market by Service: Regulatory Consulting Services, 2021-2031, $ mn 66
Figure 36. Europe Medical Device Contract Manufacturing Market by Service: Product Design & Development Services, 2021-2031, $ mn 67
Figure 37. Breakdown of Europe Medical Device Contract Manufacturing Market by Application, 2021-2031, % of Revenue 69
Figure 38. Europe Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 69
Figure 39. Europe Medical Device Contract Manufacturing Market by Application: Cardiovascular Diseases (CVD), 2021-2031, $ mn 70
Figure 40. Europe Medical Device Contract Manufacturing Market by Application: Oncology, 2021-2031, $ mn 71
Figure 41. Europe Medical Device Contract Manufacturing Market by Application: Orthopedics, 2021-2031, $ mn 72
Figure 42. Europe Medical Device Contract Manufacturing Market by Application: Endoscopy, 2021-2031, $ mn 73
Figure 43. Europe Medical Device Contract Manufacturing Market by Application: Diabetes Care, 2021-2031, $ mn 74
Figure 44. Europe Medical Device Contract Manufacturing Market by Application: Wound Care Devices Services, 2021-2031, $ mn 75
Figure 45. Europe Medical Device Contract Manufacturing Market by Application: Neurovascular, 2021-2031, $ mn 76
Figure 46. Europe Medical Device Contract Manufacturing Market by Application: Urology & Gynecology, 2021-2031, $ mn 77
Figure 47. Europe Medical Device Contract Manufacturing Market by Application: Respiratory Care, 2021-2031, $ mn 78
Figure 48. Europe Medical Device Contract Manufacturing Market by Application: Other Applications, 2021-2031, $ mn 79
Figure 49. Breakdown of European Medical Device Contract Manufacturing Market by Country, 2021 and 2031, % of Revenue 81
Figure 50. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 82
Figure 51. Medical Device Contract Manufacturing Market in Germany, 2021-2031, $ mn 83
Figure 52. Medical Device Contract Manufacturing Market in U.K., 2021-2031, $ mn 85
Figure 53. Medical Device Contract Manufacturing Market in France, 2021-2031, $ mn 88
Figure 54. Medical Device Contract Manufacturing Market in Spain, 2021-2031, $ mn 90
Figure 55. Medical Device Contract Manufacturing Market in Italy, 2021-2031, $ mn 92
Figure 56. Medical Device Contract Manufacturing Market in Netherlands, 2021-2031, $ mn 94
Figure 57. Medical Device Contract Manufacturing Market in Rest of Europe, 2021-2031, $ mn 96
Figure 58. Growth Stage of Europe Medical Device Contract Manufacturing Industry over the Forecast Period 98
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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