U.S. Medical Device Contract Manufacturing Market Is Expected To Reach $ 51.76 Billion By 2033


 San Francisco, 23 February 2026: The Report U.S. Medical Device Contract Manufacturing Market (2025 - 2033) Size, Share & Trends Analysis Report By Product (Class I, Class II, Class III), By Services (Accessories Manufacturing, Assembly Manufacturing), By Therapeutic Area, By End Use, And Segment Forecasts

The U.S. medical device contract manufacturing market size was estimated at USD 16.72 billion in 2024 and is projected to reach USD 51.76 billion by 2033, growing at a CAGR of 13.77% from 2025 to 2033. The U.S. medical device contract manufacturing sector is witnessing significant growth, fueled by increasing incidence of chronic illnesses such as diabetes, cardiovascular issues, and cancer, rising outsourcing among small to medium sized original equipment manufacturers (OEMs), the growing complexity of medical technologies, rising demand for advanced, high-quality devices and growing need for cost-efficiency.

Key Market Trends & Insights

  • S. medical device contract manufacturing market is anticipated to grow at a CAGR of 13.77% over the forecast period.
  • By product, the Class II segment held the largest market share of 71.32% in 2024.
  • Based on services, the accessories manufacturing segment held the largest market share in 2024.
  • By therapeutic area, the cardiovascular devices segment held the highest market share in 2024.
  • Based on end use, the original equipment manufacturers (OEMs) segment held the largest market share in 2024.

Market Size & Forecast

  • 2024 Market Size: USD 16.72 Billion
  • 2033 Projected Market Size: USD 51.76 Billion
  • CAGR (2025-2033): 13.77%


Moreover, integration of automation, 3D printing, and smart manufacturing technologies to enhance precision and scalability is anticipated to drive the market growth. In addition, rising investments and strategic mergers and acquisitions in U.S. medical device contract manufacturing is expected to expand the market’s service portfolios, further contributing to market growth.

 

Access Research Report of U.S. Medical Device Contract Manufacturing Market @ https://www.grandviewresearch.com/industry-analysis/us-medical-device-contract-manufacturing-market-report

Recent Developments

  • In April 2025, Nortech Systems Incorporated mentioned its refreshed brand, "Connections Reimagined." This rebranding reflects the modern and innovative approach to tackling complex challenges across critical industries. The company’s rebrand highlights position as a progressive partner, reaffirming unwavering commitment to deliver an excellent solution.
  • In November 2024, Viant announced the acquisition of Knightsbridge Plastics. This acquisition will increase the company’s ability to produce specialized plastic injection-molded parts & intricate micro-components, which are in growing demand for next-generation medical devices and advanced drug delivery systems. Furthermore, the acquisition expands Viant’s global network of centers of excellence & strengthens its comprehensive solutions, encompassing the design and full-scale manufacturing of complex medical devices & components.

Key U.S. Medical Device Contract Manufacturing Company Insights

The key players operating across the market are adopting strategic initiatives such as service launches, mergers & acquisitions, partnerships & agreements, and expansions to gain a competitive edge in the market. For instance, in March 2025, Flex announced the new product introduction center near Boston to serve healthcare consumers. This facility will focus on manufacturing, enhancing the comprehensive product development process from prototype to pre-clinical builds, design verification, & production transfer supporting customers get their products to market faster, at scale, and with less risk. This expansion builds on existing NPI capabilities in Flex's healthcare facilities across the globe, further enhancing the integrated, end-to-end solutions that clients depend on for delivering high-quality products at scale, with improved productivity and speed.

Key U.S. Medical Device Contract Manufacturing Companies:

  • Jabil Inc.
  • Terumo Corporation
  • WuXi AppTec, Inc.
  • Integer Holdings Corporation
  • Flex Ltd.'s U.S
  • Sanmina Corporation
  • TE Connectivity
  • Sonic Healthcare
  • Forefront Medical Technology
  • Nortech Systems
  • Phillips-Medisize (a Molex company)
  • Celestica HealthTech
  • Viant Medical

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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