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Europe Medical Device Contract Manufacturing Market By Device Type (IVD Devices, Diagnostic Imaging Devices, Cardiovascular Devices, Drug Delivery Devices, Orthopedic Devices, Respiratory Care Devices, Ophthalmology Devices, Surgical Devices, Diabetes Care Devices, Dental Devices, Endoscopy and Laparoscopy Devices, Gynecology and Urology Devices, Neurology Devices, Patient Monitoring Devices, Patient Assistive Devices, Other Devices); By Class of Device (Class I Medical Device, Class II Medical Device, Class III Medical Device); By Service (Quality Management Services, Packaging and Assembly Services, Other Services); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 40558 | Report Format : PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2019-2022
Base Year 2023
Forecast Period 2024-2032
Europe Medical Device Contract Manufacturing Market Size 2023 USD 20,196.83 million
Europe Medical Device Contract Manufacturing Market, CAGR 5.95%
Europe Medical Device Contract Manufacturing Market Size 2032 USD 33,977.53 million

Market Overview

The Europe Medical Device Contract Manufacturing Market is projected to grow from USD 20,196.83 million in 2023 to an estimated USD 33,977.53 million by 2032, with a compound annual growth rate (CAGR) of 5.95% from 2024 to 2032. This robust growth is driven by the increasing demand for advanced medical devices and the rising trend of outsourcing manufacturing processes to specialized contract manufacturers. These manufacturers offer a range of services, including design, production, and packaging, which enable medical device companies to focus on core activities such as research and development, marketing, and distribution.

Key drivers of the Europe Medical Device Contract Manufacturing Market include technological advancements, cost efficiency, and the rising prevalence of chronic diseases. The integration of innovative technologies such as additive manufacturing, robotics, and automation in manufacturing processes is significantly enhancing production capabilities and quality. Moreover, outsourcing to contract manufacturers helps in reducing overall production costs, providing companies with a competitive edge. The growing aging population and the increasing incidence of chronic conditions like diabetes, cardiovascular diseases, and respiratory disorders are boosting the demand for sophisticated medical devices, further propelling market growth.

Geographically, the market is segmented into several key regions, including Germany, France, the United Kingdom, Italy, and Spain. Germany holds a prominent share in the market due to its well-established healthcare infrastructure and the presence of leading medical device manufacturers. The United Kingdom and France are also significant contributors, driven by strong government support for healthcare innovation and investment. Major players in the Europe Medical Device Contract Manufacturing Market include Flex Ltd., Sanmina Corporation, Celestica Inc., Jabil Inc., and Benchmark Electronics, Inc. These companies are focusing on strategic partnerships, mergers and acquisitions, and technological advancements to strengthen their market position and meet the growing demand for medical devices across Europe.

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Market Drivers

Technological Advancements and Innovation

The rapid pace of technological advancements is a significant driver of the Europe Medical Device Contract Manufacturing Market. Innovations in manufacturing processes, such as additive manufacturing (3D printing), robotics, and automation, are transforming the production of medical devices. Additive manufacturing allows for the creation of complex and customized medical devices with high precision and efficiency, reducing material wastage and production time. For instance, the use of additive manufacturing has enabled the production of medical devices that were previously impossible to create. Robotics and automation enhance production capabilities by improving accuracy, consistency, and speed in manufacturing processes. These technologies enable contract manufacturers to meet the stringent quality standards required in the medical device industry while also catering to the growing demand for personalized medical devices. Moreover, advancements in materials science, such as the development of biocompatible and durable materials, are contributing to the growth of the market. These new materials are essential for producing high-performance medical devices that are safe and effective for patients. Contract manufacturers are leveraging these technological innovations to offer a broader range of services and solutions, attracting more medical device companies to outsource their manufacturing needs.

Cost Efficiency and Focus on Core Competencies

Cost efficiency is a critical driver for medical device companies opting for contract manufacturing services. As an example, by outsourcing production, companies can significantly reduce their capital expenditure on manufacturing facilities, equipment, and labor. Contract manufacturers possess specialized expertise and economies of scale, allowing them to produce medical devices at a lower cost compared to in-house manufacturing. This cost-saving aspect is particularly important in an industry where stringent regulatory requirements and quality standards necessitate substantial investments in compliance and quality assurance. Additionally, outsourcing manufacturing enables medical device companies to focus on their core competencies, such as research and development (R&D), marketing, and distribution. By partnering with contract manufacturers, these companies can allocate more resources to innovation and market expansion, enhancing their competitive advantage. The ability to quickly scale production to meet market demand without the need for significant upfront investments is another advantage driving the growth of contract manufacturing in the medical device sector.

Rising Prevalence of Chronic Diseases and Aging Population

The increasing prevalence of chronic diseases and the aging population in Europe are major factors driving the demand for medical devices, thereby boosting the contract manufacturing market. Chronic conditions such as diabetes, cardiovascular diseases, and respiratory disorders require continuous monitoring and management, leading to a higher demand for medical devices like insulin pumps, cardiac monitors, and respiratory devices. The aging population, which is more susceptible to various health issues, further contributes to the growing need for medical devices. As the demand for medical devices increases, medical device companies are under pressure to accelerate product development and production. Contract manufacturers play a crucial role in meeting this demand by providing the necessary infrastructure and expertise to produce high-quality medical devices efficiently. The ability to rapidly scale production and bring new products to market quickly is essential in addressing the healthcare needs of an aging population and managing chronic diseases effectively.

Regulatory Support and Favorable Government Policies

Regulatory support and favorable government policies in Europe are also significant drivers of the medical device contract manufacturing market. European countries have established robust regulatory frameworks that ensure the safety and efficacy of medical devices. Compliance with these regulations requires substantial expertise and resources, which contract manufacturers are well-equipped to provide. The European Union Medical Device Regulation (MDR) and In Vitro Diagnostic Regulation (IVDR) set high standards for product approval and market entry, encouraging medical device companies to partner with experienced contract manufacturers to navigate the complex regulatory landscape. Furthermore, government initiatives aimed at promoting healthcare innovation and investment in the medical device sector are supporting market growth. Many European countries offer incentives, grants, and funding programs to encourage the development and manufacturing of advanced medical devices. These initiatives help create a conducive environment for contract manufacturing by providing financial support and fostering collaboration between medical device companies and contract manufacturers. As a result, the market is witnessing increased investments in research, development, and manufacturing capabilities, driving the overall growth of the Europe Medical Device Contract Manufacturing Market.

Market Trends

Increased Adoption of Advanced Manufacturing Technologies

Contract manufacturers are increasingly incorporating advanced manufacturing technologies such as 3D printing, robotics, and artificial intelligence (AI) into their production processes. 3D printing, in particular, allows for the creation of complex and customized medical devices with high precision and reduced lead times. For instance, the use of 3D printing has enabled the production of medical devices that were previously impossible to create. Robotics and AI enhance automation, improving production efficiency, consistency, and quality. These technologies enable manufacturers to meet stringent regulatory standards while reducing costs and accelerating time-to-market.

Emphasis on Quality Assurance and Regulatory Compliance

With the implementation of the European Union Medical Device Regulation (MDR) and In Vitro Diagnostic Regulation (IVDR), there is a heightened focus on quality assurance and regulatory compliance. As an example, with the implementation of the European Union Medical Device Regulation (MDR) and In Vitro Diagnostic Regulation (IVDR), contract manufacturers have had to invest significantly in robust quality management systems and comprehensive compliance frameworks to ensure their products meet the required standards. This emphasis on quality and compliance helps manufacturers build trust with medical device companies and secure long-term partnerships.

Growing Demand for Outsourcing of Non-Core Activities

Medical device companies are increasingly outsourcing non-core activities such as manufacturing, packaging, and sterilization to contract manufacturers. This trend allows companies to concentrate on their core competencies like research and development, marketing, and sales. By outsourcing these functions, medical device companies can reduce operational costs, improve efficiency, and allocate more resources to innovation and market expansion.

Rising Focus on Customization and Personalization

The demand for customized and personalized medical devices is on the rise, driven by the need for tailored healthcare solutions. Contract manufacturers are adapting to this trend by offering flexible manufacturing solutions that cater to the specific requirements of medical device companies. The ability to produce small batches of customized devices without compromising on quality or cost-effectiveness is becoming a key differentiator in the market.

Strategic Partnerships and Collaborations

Strategic partnerships and collaborations between contract manufacturers and medical device companies are becoming increasingly common. These partnerships enable manufacturers to leverage the expertise and resources of medical device companies while providing them with access to advanced manufacturing capabilities. Such collaborations facilitate innovation, enhance product development, and accelerate the commercialization of new medical devices.

Expansion of Service Offerings

Contract manufacturers are expanding their service offerings to provide end-to-end solutions, encompassing everything from design and development to production, packaging, and distribution. By offering comprehensive services, manufacturers can better meet the diverse needs of medical device companies and establish themselves as one-stop solutions providers. This trend is driving the growth of integrated contract manufacturing services, enhancing value for both manufacturers and their clients.

Sustainability and Eco-Friendly Manufacturing Practices

There is a growing emphasis on sustainability and eco-friendly manufacturing practices in the medical device contract manufacturing market. Manufacturers are adopting sustainable practices such as reducing waste, optimizing energy consumption, and using eco-friendly materials. This trend is driven by increasing regulatory pressures and a growing awareness of environmental impacts. Sustainable manufacturing practices not only help manufacturers comply with regulations but also enhance their reputation and appeal to environmentally conscious clients.

Market Restraints and Challenges

Stringent Regulatory Requirements

The stringent regulatory requirements imposed by the European Union, such as the Medical Device Regulation (MDR) and In Vitro Diagnostic Regulation (IVDR), pose significant challenges for contract manufacturers. These regulations mandate rigorous testing, documentation, and compliance standards that necessitate substantial investments in quality assurance and regulatory expertise. Meeting these requirements can be time-consuming and costly, potentially delaying product approvals and market entry. Smaller contract manufacturers, in particular, may struggle to keep up with the evolving regulatory landscape, limiting their ability to compete with larger, well-established firms.

High Production Costs

High production costs are another major restraint in the Europe Medical Device Contract Manufacturing Market. The need for advanced manufacturing technologies, skilled labor, and quality control measures drives up operational expenses. Additionally, the cost of raw materials and components, which can be volatile, further exacerbates the financial burden on manufacturers. These high costs can reduce profit margins and make it challenging for contract manufacturers to offer competitive pricing, especially in a market where cost efficiency is a key driver for outsourcing.

Supply Chain Disruptions

The medical device contract manufacturing market is highly dependent on a stable and efficient supply chain for raw materials, components, and finished products. However, supply chain disruptions, caused by factors such as geopolitical tensions, natural disasters, and global pandemics, can significantly impact production schedules and delivery timelines. These disruptions can lead to delays, increased costs, and reduced reliability, affecting the overall efficiency and competitiveness of contract manufacturers. Ensuring supply chain resilience and managing risks effectively are ongoing challenges for the industry.

Intellectual Property Concerns

Intellectual property (IP) concerns present another challenge for the Europe Medical Device Contract Manufacturing Market. Medical device companies often have reservations about sharing proprietary designs, technologies, and processes with contract manufacturers due to the risk of IP theft or misuse. Protecting IP while maintaining collaborative relationships with contract manufacturers is a delicate balance that requires robust legal frameworks and trust-building measures. Failure to adequately address these concerns can hinder the willingness of medical device companies to outsource critical manufacturing activities.

Intense Competition and Market Saturation

The market is becoming increasingly competitive, with a growing number of contract manufacturers vying for a share of the business. This intense competition can lead to market saturation, putting pressure on manufacturers to differentiate themselves through pricing, quality, and service offerings. New entrants face significant barriers to entry, including the need for substantial capital investment and the establishment of a credible track record. Established players must continuously innovate and adapt to maintain their market positions, which can be resource-intensive and challenging.

Market Segmentation Analysis

By Device Type

The European market for In Vitro Diagnostic (IVD) devices is expanding rapidly due to the growing need for early and accurate disease diagnosis, driving increased contract manufacturing activities. Advancements in imaging technology and the rising prevalence of chronic diseases are significantly boosting the production of diagnostic imaging devices, with manufacturers striving to innovate and enhance diagnostic capabilities. The high incidence of cardiovascular diseases in Europe necessitates the contract manufacturing of stents, pacemakers, and other cardiovascular devices, creating a robust market segment. Innovations in drug delivery methods, such as autoinjectors and wearable devices, are improving patient compliance and treatment efficacy, thereby increasing the demand for specialized contract manufacturing services. The growing number of orthopedic surgeries and the trend towards minimally invasive procedures are driving demand for orthopedic devices, while rising awareness of respiratory conditions and the impact of COVID-19 have significantly increased the production and demand for respiratory care devices. The aging population and advancements in vision care are driving the market for ophthalmology devices, leading to heightened contract manufacturing activities. Continuous innovations in surgical instruments and techniques are maintaining a steady demand for surgical devices, while the increasing prevalence of diabetes is driving demand for glucose monitoring systems and insulin delivery devices. Growing awareness of oral health and advancements in cosmetic dentistry are boosting the market for dental devices, and the trend towards minimally invasive surgeries is driving demand for endoscopy and laparoscopy devices. The rising incidence of gynecological and urological disorders is augmenting the demand for specialized devices, while the prevalence of neurological disorders is increasing the need for devices such as deep brain stimulators and neuroprosthetics. The shift towards remote patient monitoring and continuous care is fueling the demand for patient monitoring devices, and an aging population, coupled with advancements in assistive technology, is driving the market for patient assistive devices. Additionally, technological advancements are driving growth in the market for other niche medical devices.

By Class of Device

Class I medical devices, which include low-risk and simple medical supplies, see consistent demand due to their broad usage and ease of manufacturing. Moderate-risk Class II devices, such as infusion pumps and surgical drapes, drive significant contract manufacturing activities due to their more complex manufacturing requirements. High-risk Class III devices, including implantable pacemakers and heart valves, necessitate stringent manufacturing processes, increasing reliance on specialized contract manufacturers to ensure their safety and efficacy.

By Service

The market for device development and manufacturing services dominates as companies seek specialized skills and advanced capabilities to efficiently and cost-effectively bring innovative medical devices to market. The stringent regulatory environment in Europe drives the demand for comprehensive quality management services to ensure compliance and maintain high standards. Additionally, the need for sterile, secure, and efficient packaging solutions boosts the market for packaging and assembly services, ensuring product integrity and safety. Other essential services, such as logistics and supply chain management, are crucial for supporting the end-to-end manufacturing process, ensuring timely delivery and market readiness of medical devices.

Segments

Based on Device Type

  • IVD Devices
  • Diagnostic Imaging Devices
  • Cardiovascular Devices
  • Drug Delivery Devices
  • Orthopedic Devices
  • Respiratory Care Devices
  • Ophthalmology Devices
  • Surgical Devices
  • Diabetes Care Devices
  • Dental Devices
  • Endoscopy and Laparoscopy Devices
  • Gynecology and Urology Devices
  • Neurology Devices
  • Patient Monitoring Devices
  • Patient Assistive Devices
  • Other Devices

Based on Class of Device

  • Class I Medical Device
  • Class II Medical Device
  • Class III Medical Device

Based on Service

  • Quality Management Services
  • Packaging and Assembly Services
  • Other Services

Regional Analysis

Germany (30%):

Germany holds the largest share of the Europe Medical Device Contract Manufacturing Market, accounting for approximately 30% of the total market. The country’s dominance is attributed to its advanced healthcare infrastructure, robust manufacturing capabilities, and strong emphasis on innovation. Germany is home to numerous leading medical device companies and contract manufacturers, benefiting from a highly skilled workforce and extensive research and development (R&D) activities. The government’s support for healthcare innovation and the presence of specialized clusters, such as the Medical Valley in Erlangen, further bolster the market’s growth in Germany.

United Kingdom (25%):

The United Kingdom follows closely with a market share of around 25%. The UK’s market is driven by a combination of factors, including a well-established healthcare system, substantial investments in R&D, and a favorable regulatory environment. The country is a hub for medical device innovation, with a strong focus on developing cutting-edge technologies and personalized medical devices. The presence of leading academic institutions and research organizations fosters collaboration and drives advancements in medical device manufacturing. Additionally, government initiatives like the Life Sciences Industrial Strategy aim to enhance the UK’s position as a leader in medical device manufacturing and innovation.

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Key players

  • Jabil Inc.
  • Sanmina Corporation
  • Celestica Inc.
  • Integer Holdings Corporation
  • Gerresheimer AG
  • Plexus Corp
  • TE Connectivity

Competitive Analysis

The Europe Medical Device Contract Manufacturing Market is characterized by intense competition among key players who leverage their extensive expertise, advanced manufacturing capabilities, and strategic partnerships to maintain market dominance. Jabil Inc. and Sanmina Corporation stand out with their comprehensive service portfolios and global manufacturing networks, providing end-to-end solutions from design to production. Celestica Inc. and Integer Holdings Corporation focus on innovation and quality, offering specialized services for high-precision medical devices. Gerresheimer AG, with its expertise in medical packaging and drug delivery systems, caters to the growing demand for integrated solutions. Plexus Corp and TE Connectivity emphasize technological advancements and customization, meeting the specific needs of their clients. These companies continuously invest in research and development, quality assurance, and regulatory compliance to enhance their competitive edge and cater to the evolving requirements of the medical device industry in Europe.

Recent Developments

In June 2022, Belgian contract manufacturer Amnovis partnered with BAAT Medical to introduce an innovative, rapid process for 3D-printed medical devices. This collaboration aims to accelerate development and production timelines for medical devices by leveraging advanced 3D printing technologies. Combining Amnovis’s expertise in additive manufacturing with BAAT Medical’s extensive knowledge in medical device development, the partnership seeks to deliver high-quality, customized medical solutions with quicker turnaround times. This initiative addresses the growing demand for precision and efficiency in the healthcare sector, positioning both companies as leaders in medical innovation.

In May 2022, Biomerics, a leading medical device contract manufacturer, opened a 2,000 sq. ft. balloon and balloon catheter center of excellence in Galway. This facility is Biomerics’ first European location and second international site after Costa Rica. The Galway center will specialize in developing and manufacturing advanced balloon and balloon catheter technologies for the interventional device market. This strategic expansion underscores Biomerics’ commitment to serving the global medical device industry with innovative and high-quality manufacturing solutions, enhancing their presence and capabilities in Europe.

In November 2023, Jabil Inc. announced the successful acquisition of Retronix, a company specializing in the reclamation and refurbishment of electronic components. This acquisition, completed earlier in the year, enhances Jabil’s capabilities in providing sustainable solutions for electronic component management. By integrating Retronix’s innovative services, Jabil aims to offer more comprehensive and eco-friendly options to its clients, reinforcing its commitment to sustainability and expanding its portfolio in the electronic components sector. This strategic move strengthens Jabil’s position as a leader in sustainable electronic solutions.

In January 2023, Integer announced the acquisition of Pulse Technologies, Inc., a company specializing in technology, engineering, and contract manufacturing for complex micro-machining of medical device components. This acquisition allows Integer to expand its capabilities in high-growth markets such as structural heart, heart pump, electrophysiology, leadless pacing, and neuromodulation. By incorporating Pulse Technologies’ advanced micro-machining expertise, Integer aims to enhance its product offerings and strengthen its position as a leading provider of innovative medical device solutions. This strategic acquisition aligns with Integer’s commitment to advancing medical technology and improving patient care.

Market Concentration and Characteristics

The Europe Medical Device Contract Manufacturing Market is characterized by moderate to high market concentration, with a few large players dominating the landscape. These key players, such as Jabil Inc., Sanmina Corporation, and Celestica Inc., possess extensive capabilities in advanced manufacturing technologies, regulatory compliance, and comprehensive service offerings. The market is defined by its focus on high-quality, precision manufacturing, stringent regulatory adherence, and innovation-driven processes. Smaller contract manufacturers also play a significant role, often specializing in niche areas or specific types of medical devices. The competitive dynamics are shaped by strategic partnerships, technological advancements, and a strong emphasis on customization and efficiency to meet the diverse needs of medical device companies.

Report Coverage

The research report offers an in-depth analysis based on Device Type, Class of Device and Service. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The adoption of cutting-edge technologies like AI, robotics, and 3D printing will further enhance manufacturing precision and efficiency, driving innovation in the medical device industry.
  1. The increasing demand for personalized medical devices will push contract manufacturers to offer more customized and patient-specific solutions, enhancing market differentiation.
  1. Contract manufacturers will broaden their service offerings to include end-to-end solutions, from design and development to packaging and logistics, catering to diverse client needs.
  1. Stringent regulatory requirements will continue to shape the market, prompting manufacturers to invest in robust compliance frameworks and quality management systems.
  1. Manufacturers will adopt more sustainable and eco-friendly practices, driven by regulatory pressures and a growing emphasis on environmental responsibility.
  1. The trend of outsourcing non-core activities will accelerate as medical device companies seek to reduce costs and focus on core competencies like R&D and marketing.
  1. Increased collaboration between contract manufacturers and medical device companies will foster innovation and speed up product development, strengthening market competitiveness.
  1. The market will witness consolidation through mergers and acquisitions, as larger firms seek to expand their capabilities and market reach by acquiring specialized smaller companies.
  1. Contract manufacturers will invest in improving supply chain resilience and risk management to mitigate the impact of disruptions and ensure consistent delivery of medical devices.

CHAPTER NO. 1 : INTRODUCTION 15

1.1.1. Report Description 15

Purpose of the Report 15

USP & Key Offerings 15

1.1.2. Key Benefits for Stakeholders 15

1.1.3. Target Audience 16

1.1.4. Report Scope 16

CHAPTER NO. 2 : EXECUTIVE SUMMARY 17

2.1. Europe Medical Device Contract Manufacturing Market Snapshot 17

2.1.1. Europe Medical Device Contract Manufacturing Market, 2018 – 2032 (USD Million) 19

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 20

3.1. Russia-Ukraine and Israel-Palestine War Impacts 20

CHAPTER NO. 4 : EUROPE MEDICAL DEVICE CONTRACT MANUFACTURING MARKET – INDUSTRY ANALYSIS 21

4.1. Introduction 21

4.2. Market Drivers 22

4.2.1. Driving Factor 1 Analysis 22

4.2.2. Driving Factor 2 Analysis 23

4.3. Market Restraints 24

4.3.1. Restraining Factor Analysis 24

4.4. Market Opportunities 25

4.4.1. Market Opportunity Analysis 25

4.5. Porter’s Five Forces Analysis 26

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 27

5.1. Company Market Share Analysis – 2023 27

5.1.1. Europe Medical Device Contract Manufacturing Market: Company Market Share, by Volume, 2023 27

5.1.2. Europe Medical Device Contract Manufacturing Market: Company Market Share, by Revenue, 2023 28

5.1.3. Europe Medical Device Contract Manufacturing Market: Top 6 Company Market Share, by Revenue, 2023 28

5.1.4. Europe Medical Device Contract Manufacturing Market: Top 3 Company Market Share, by Revenue, 2023 29

5.2. Europe Medical Device Contract Manufacturing Market Company Revenue Market Share, 2023 30

5.3. Company Assessment Metrics, 2023 31

5.3.1. Stars 31

5.3.2. Emerging Leaders 31

5.3.3. Pervasive Players 31

5.3.4. Participants 31

5.4. Start-ups /SMEs Assessment Metrics, 2023 31

5.4.1. Progressive Companies 31

5.4.2. Responsive Companies 31

5.4.3. Dynamic Companies 31

5.4.4. Starting Blocks 31

5.5. Strategic Developments 32

5.5.1. Acquisitions & Mergers 32

New Product Launch 32

Europe Expansion 32

5.6. Key Players Product Matrix 33

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 34

6.1. PESTEL 34

6.1.1. Political Factors 34

6.1.2. Economic Factors 34

6.1.3. Social Factors 34

6.1.4. Technological Factors 34

6.1.5. Environmental Factors 34

6.1.6. Legal Factors 34

6.2. Adjacent Market Analysis 34

CHAPTER NO. 7 : EUROPE MEDICAL DEVICE CONTRACT MANUFACTURING MARKET – BY DEVICE TYPE SEGMENT ANALYSIS 35

7.1. Europe Medical Device Contract Manufacturing Market Overview, by Device Type Segment 35

7.1.1. Europe Medical Device Contract Manufacturing Market Revenue Share, By Device Type, 2023 & 2032 36

7.1.2. Europe Medical Device Contract Manufacturing Market Attractiveness Analysis, By Device Type 37

7.1.3. Incremental Revenue Growth Opportunity, by Device Type, 2024 – 2032 37

7.1.4. Europe Medical Device Contract Manufacturing Market Revenue, By Device Type, 2018, 2023, 2027 & 2032 38

7.2. IVD Devices 39

7.3. Diagnostic Imaging Devices 40

7.4. Cardiovascular Devices 41

7.5. Drug Delivery Devices 42

7.6. Orthopedic Devices 43

7.7. Respiratory Care Devices 43

7.8. Ophthalmology Devices 44

7.9. Surgical Devices 44

7.10. Diabetes Care Devices 45

7.11. Dental Devices 45

7.12. Endoscopy and Laparoscopy Devices 46

7.13. Gynaecology and Urology Devices 46

7.14. Personal Care Devices 47

7.15. Neurology Devices 47

7.16. Patient Monitoring Devices 48

7.17. Patient Assistive Devices 48

7.18. Other Devices 49

CHAPTER NO. 8 : EUROPE MEDICAL DEVICE CONTRACT MANUFACTURING MARKET – BY CLASS OF DEVICE SEGMENT ANALYSIS 50

8.1. Europe Medical Device Contract Manufacturing Market Overview, by Class of Device Segment 50

8.1.1. Europe Medical Device Contract Manufacturing Market Revenue Share, By Class of Device, 2023 & 2032 51

8.1.2. Europe Medical Device Contract Manufacturing Market Attractiveness Analysis, By Class of Device 52

8.1.3. Incremental Revenue Growth Opportunity, by Class of Device, 2024 – 2032 52

8.1.4. Europe Medical Device Contract Manufacturing Market Revenue, By Class of Device, 2018, 2023, 2027 & 2032 53

8.2. Class I Medical Device 54

8.3. Class II Medical Device 55

8.4. Class III Medical Device 56

CHAPTER NO. 9 : EUROPE MEDICAL DEVICE CONTRACT MANUFACTURING MARKET – BY SERVICE SEGMENT ANALYSIS 57

9.1. Europe Medical Device Contract Manufacturing Market Overview, by Service Segment 57

9.1.1. Europe Medical Device Contract Manufacturing Market Revenue Share, By Service, 2023 & 2032 58

9.1.2. Europe Medical Device Contract Manufacturing Market Attractiveness Analysis, By Service 59

9.1.3. Incremental Revenue Growth Opportunity, by Service, 2024 – 2032 59

9.1.4. Europe Medical Device Contract Manufacturing Market Revenue, By Service, 2018, 2023, 2027 & 2032 60

9.2. Device Development and Manufacturing Services 61

9.3. Quality Management Services 62

9.4. Packaging and Assembly Services 63

9.5. Other Services 64

CHAPTER NO. 10 : EUROPE MEDICAL DEVICE CONTRACT MANUFACTURING MARKET – EUROPE 65

10.1. Europe 65

10.1.1. Key Highlights 65

10.1.2. Europe Medical Device Contract Manufacturing Market Revenue, By Country, 2018 – 2023 (USD Million) 66

10.1.3. Europe Medical Device Contract Manufacturing Market Revenue, By Device Type, 2018 – 2023 (USD Million) 67

10.1.4. Europe Medical Device Contract Manufacturing Market Revenue, By Class of Device, 2018 – 2023 (USD Million) 69

10.1.5. Europe Medical Device Contract Manufacturing Market Revenue, By Service, 2018 – 2023 (USD Million) 70

10.2. UK 71

10.3. France 71

10.4. Germany 71

10.5. Italy 71

10.6. Spain 71

10.7. Russia 71

10.8. Belgium 71

10.9. Netherland 71

10.10. Austria 71

10.11. Sweden 71

10.12. Poland 71

10.13. Denmark 71

10.14. Switzerland 71

10.15. Rest of Europe 71

CHAPTER NO. 11 : COMPANY PROFILES 72

11.1. Flex Ltd. 72

11.1.1. Company Overview 72

11.1.2. Product Portfolio 72

11.1.3. Swot Analysis 72

11.1.4. Business Strategy 73

11.1.5. Financial Overview 73

11.2. Jabil Inc. 74

11.3. Sanmina Corporation 74

11.4. Celestica Inc. 74

11.5. Integer Holdings Corporation 74

11.6. Gerresheimer AG 74

11.7. Plexus Corp 74

11.8. TE Connectivity 74

CHAPTER NO. 12 : RESEARCH METHODOLOGY 75

12.1. Research Methodology 75

12.1.1. Phase I – Secondary Research 76

12.1.2. Phase II – Data Modeling 76

Company Share Analysis Model 77

Revenue Based Modeling 77

12.1.3. Phase III – Primary Research 78

12.1.4. Research Limitations 79

Assumptions 79

List of Figures

FIG NO. 1. Europe Medical Device Contract Manufacturing Market Revenue, 2018 – 2032 (USD Million) 19

FIG NO. 2. Porter’s Five Forces Analysis for Europe Medical Device Contract Manufacturing Market 26

FIG NO. 3. Company Share Analysis, 2023 27

FIG NO. 4. Company Share Analysis, 2023 28

FIG NO. 5. Company Share Analysis, 2023 28

FIG NO. 6. Company Share Analysis, 2023 29

FIG NO. 7. Europe Medical Device Contract Manufacturing Market – Company Revenue Market Share, 2023 30

FIG NO. 8. Europe Medical Device Contract Manufacturing Market Revenue Share, By Device Type, 2023 & 2032 36

FIG NO. 9. Market Attractiveness Analysis, By Device Type 37

FIG NO. 10. Incremental Revenue Growth Opportunity by Device Type, 2024 – 2032 37

FIG NO. 11. Europe Medical Device Contract Manufacturing Market Revenue, By Device Type, 2018, 2023, 2027 & 2032 38

FIG NO. 12. Europe Medical Device Contract Manufacturing Market for IVD Devices, Revenue (USD Million) 2018 – 2032 39

FIG NO. 13. Europe Medical Device Contract Manufacturing Market for Diagnostic Imaging Devices, Revenue (USD Million) 2018 – 2032 40

FIG NO. 14. Europe Medical Device Contract Manufacturing Market for Cardiovascular Devices, Revenue (USD Million) 2018 – 2032 41

FIG NO. 15. Europe Medical Device Contract Manufacturing Market for Drug Delivery Devices, Revenue (USD Million) 2018 – 2032 42

FIG NO. 16. Europe Medical Device Contract Manufacturing Market for Orthopedic Devices, Revenue (USD Million) 2018 – 2032 43

FIG NO. 17. Europe Medical Device Contract Manufacturing Market for Respiratory Care Devices, Revenue (USD Million) 2018 – 2032 43

FIG NO. 18. Europe Medical Device Contract Manufacturing Market for Ophthalmology Devices, Revenue (USD Million) 2018 – 2032 44

FIG NO. 19. Europe Medical Device Contract Manufacturing Market for Surgical Devices, Revenue (USD Million) 2018 – 2032 44

FIG NO. 20. Europe Medical Device Contract Manufacturing Market for Diabetes Care Devices, Revenue (USD Million) 2018 – 2032 45

FIG NO. 21. Europe Medical Device Contract Manufacturing Market for Dental Devices, Revenue (USD Million) 2018 – 2032 45

FIG NO. 22. Europe Medical Device Contract Manufacturing Market for Endoscopy and Laparoscopy Devices, Revenue (USD Million) 2018 – 2032 46

FIG NO. 23. Europe Medical Device Contract Manufacturing Market for Gynecology and Urology Devices, Revenue (USD Million) 2018 – 2032 46

FIG NO. 24. Europe Medical Device Contract Manufacturing Market for Personal Care Devices, Revenue (USD Million) 2018 – 2032 47

FIG NO. 25. Europe Medical Device Contract Manufacturing Market for Neurology Devices, Revenue (USD Million) 2018 – 2032 47

FIG NO. 26. Europe Medical Device Contract Manufacturing Market for Patient Monitoring Devices, Revenue (USD Million) 2018 – 2032 48

FIG NO. 27. Europe Medical Device Contract Manufacturing Market for Patient Assistive Devices, Revenue (USD Million) 2018 – 2032 48

FIG NO. 28. Europe Medical Device Contract Manufacturing Market for Other Devices, Revenue (USD Million) 2018 – 2032 49

FIG NO. 29. Europe Medical Device Contract Manufacturing Market Revenue Share, By Class of Device, 2023 & 2032 51

FIG NO. 30. Market Attractiveness Analysis, By Class of Device 52

FIG NO. 31. Incremental Revenue Growth Opportunity by Class of Device, 2024 – 2032 52

FIG NO. 32. Europe Medical Device Contract Manufacturing Market Revenue, By Class of Device, 2018, 2023, 2027 & 2032 53

FIG NO. 33. Europe Medical Device Contract Manufacturing Market for Class I Medical Device, Revenue (USD Million) 2018 – 2032 54

FIG NO. 34. Europe Medical Device Contract Manufacturing Market for Class II Medical Device, Revenue (USD Million) 2018 – 2032 55

FIG NO. 35. Europe Medical Device Contract Manufacturing Market for Class III Medical Device, Revenue (USD Million) 2018 – 2032 56

FIG NO. 36. Europe Medical Device Contract Manufacturing Market Revenue Share, By Service, 2023 & 2032 58

FIG NO. 37. Market Attractiveness Analysis, By Service 59

FIG NO. 38. Incremental Revenue Growth Opportunity by Service, 2024 – 2032 59

FIG NO. 39. Europe Medical Device Contract Manufacturing Market Revenue, By Service, 2018, 2023, 2027 & 2032 60

FIG NO. 40. Europe Medical Device Contract Manufacturing Market for Device Development and Manufacturing Services, Revenue (USD Million) 2018 – 2032 61

FIG NO. 41. Europe Medical Device Contract Manufacturing Market for Quality Management Services, Revenue (USD Million) 2018 – 2032 62

FIG NO. 42. Europe Medical Device Contract Manufacturing Market for Packaging and Assembly Services, Revenue (USD Million) 2018 – 2032 63

FIG NO. 43. Europe Medical Device Contract Manufacturing Market for Other Services, Revenue (USD Million) 2018 – 2032 64

FIG NO. 44. Europe Medical Device Contract Manufacturing Market Revenue, 2018 – 2032 (USD Million) 65

FIG NO. 45. Research Methodology – Detailed View 75

FIG NO. 46. Research Methodology 76

 

List of Tables

TABLE NO. 1. : Europe Medical Device Contract Manufacturing Market: Snapshot 17

TABLE NO. 2. : Drivers for the Europe Medical Device Contract Manufacturing Market: Impact Analysis 22

TABLE NO. 3. : Restraints for the Europe Medical Device Contract Manufacturing Market: Impact Analysis 24

TABLE NO. 4. : Europe Medical Device Contract Manufacturing Market Revenue, By Country, 2018 – 2023 (USD Million) 66

TABLE NO. 5. : Europe Medical Device Contract Manufacturing Market Revenue, By Country, 2024 – 2032 (USD Million) 66

TABLE NO. 6. : Europe Medical Device Contract Manufacturing Market Revenue, By Device Type, 2018 – 2023 (USD Million) 67

TABLE NO. 7. : Europe Medical Device Contract Manufacturing Market Revenue, By Device Type, 2024 – 2032 (USD Million) 68

TABLE NO. 8. : Europe Medical Device Contract Manufacturing Market Revenue, By Class of Device, 2018 – 2023 (USD Million) 69

TABLE NO. 9. : Europe Medical Device Contract Manufacturing Market Revenue, By Class of Device, 2024 – 2032 (USD Million) 69

TABLE NO. 10. : Europe Medical Device Contract Manufacturing Market Revenue, By Service, 2018 – 2023 (USD Million) 70

TABLE NO. 11. : Europe Medical Device Contract Manufacturing Market Revenue, By Service, 2024 – 2032 (USD Million) 70

Frequently Asked Questions:

What is the projected market size and growth rate of the Europe Medical Device Contract Manufacturing Market?

The market is projected to grow from USD 20,196.83 million in 2023 to USD 33,977.53 million by 2032, with a CAGR of 5.95% from 2024 to 2032.

What are the key drivers of the Europe Medical Device Contract Manufacturing Market?

Key drivers include technological advancements, cost efficiency, the rising prevalence of chronic diseases, and the aging population, which boost demand for advanced medical devices.

Which regions hold significant shares in the Europe Medical Device Contract Manufacturing Market?

Germany, the United Kingdom, and France are major contributors, with Germany holding the largest share due to its advanced healthcare infrastructure and strong manufacturing capabilities.

Who are the major players in the Europe Medical Device Contract Manufacturing Market?

Leading companies include Jabil Inc., Sanmina Corporation, Celestica Inc., Integer Holdings Corporation, Gerresheimer AG, Plexus Corp, and TE Connectivity.

How do regulatory requirements impact the Europe Medical Device Contract Manufacturing Market?

Stringent regulatory requirements like the MDR and IVDR necessitate significant investments in compliance and quality assurance, posing challenges but ensuring high standards for medical devices.

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