MEDICAL DEVICE CONTRACT MANUFACTURING MARKET ANALYSIS

Regional Analysis

Global Medical Device Contract Manufacturing Market: Regional Insights

Based on geography, the global medical device contract manufacturing market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period owing to the increasing prevalence of chronic disease, growing demand for medical devices, growing deployment of Industry 4.0, and increasing adoption of technologically advanced medical devices in the region. For instance, according to the US Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the U.S. With the rise in burden of chronic diseases, demand for medical devices used to diagnose and treat such conditions is also increasing rapidly.  

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa