Medical device design and development services market seen reaching $26.01B by 2030

The medical device design and development services market is projected to grow from $13.62 billion in 2025 to $26.01 billion by 2030, according to The Business Research Company. The forecast points to sustained demand for outsourced development, digital health tools and connected devices as chronic disease burdens rise worldwide.

Why it matters: - The market is expanding as medical devices become more complex and harder to develop in-house. - Faster product launches, regulatory demands and rising chronic disease rates are increasing demand for specialized development support. - The forecast signals more spending on digital health, connected devices and personalized medical solutions.

What happened: - The Business Research Company released a market update on medical device design and development services on Aug. 17, 2026. - The report values the market at $13.62 billion in 2025 and projects $15.53 billion in 2026. - The market is forecast to reach $26.01 billion by 2030. - The projected CAGR is 14.0% for 2025-2026 and 13.8% for 2026-2030. - A free sample report is available here. - The full report is available here.

The details: - The market’s historical growth is tied to tighter regulation, faster innovation cycles, more contract development work and stronger demand for quicker commercialization. - The report defines medical device design and development services as support for creating and improving devices while meeting regulatory standards and user needs. - Forecast growth is expected to come from greater investment in digital health technologies and more interest in connected medical devices. - The report also points to growth in personalized medical solutions, sustainable design practices and dependence on specialized development providers. - Key trends include end-to-end development services, digital prototyping, simulation tools, regulatory-compliant designs, outsourced engineering and smart device integration. - Chronic disease growth is a central demand driver because these conditions require long-term care and better management tools. - The American Cancer Society estimated 1,958,310 new U.S. cancer cases in 2023, up from 1,918,030 in 2022.

Between the lines: - The market’s momentum reflects a shift toward outsourcing more of the device lifecycle to specialized firms. - North America led the market in 2025, which suggests the region remains the main center for spending and development activity. - Asia-Pacific is expected to be the fastest-growing region, pointing to a broader shift in future demand. - The report’s emphasis on connected and digital tools suggests device makers are under pressure to build smarter products with faster design cycles.

What's next: - The Business Research Company expects continued adoption of digital prototyping, simulation and outsourced engineering services. - The report says market reports for 2026 now include market attractiveness scoring, TAM analysis, company scoring matrices, Excel dashboards and hotspot infographics. - The company’s market coverage spans Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - More information is available through the company’s contact channels and social media pages.