1. Home
  2. > Healthcare Market Trends
North America Product Design and Development Services Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Services, Application, and End User

North America Product Design and Development Services Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Services, Application, and End User

  • October 2022
  • 144 pages
  • ID: 6362133
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The product design and development services market in North America is expected to grow from US$ 2,477.73 million in 2022 to US$ 4,564.15 million by 2028. It is estimated to grow at a CAGR of 10.7% from 2022 to 2028.
Rising Technological Advancements
Adoption of technologies plays a crucial role in business competitiveness.The use of technologies in healthcare allows professionals to diagnose, collect data, and treat medical conditions accurately and less invasively, improving the health of people.

Imaging and diagnostic machines are bulky stationary devices requiring patients to visit a particular room in a hospital or physician’s office.Considerable technological developments have been noticed in imaging and diagnostic equipment in the past decade.

A new generation of compact devices can be used anywhere for patients. With costs dropping of imaging and diagnostic equipment dramatically and making devices accessible to smaller medical practices and clinics owing to the technological influx in diagnostic devices.

The technological advent has resulted in innovative features.For instance, AI-based medical devices can automate tasks, synthesize data from multiple sources, pinpoint trends, process and analyze information from wearable sensors, identify disease or the onset of medical conditions, identify risk for infection associated with complications.

Also, computed tomography (CT) machines evolving from a 16-slice scanner to a 256-slice scanner can measure changes in blood flow and detect the smallest blockages in blood vessels.Therefore, improvements in every aspect of technology increase efficiency, functionality, and reliability.

Such aforementioned factors stimulate the overall growth of the product design and development services market.

Market Overview

The North America product design and development services market is categorized into the US, Canada, and Mexico.North America is likely to capture a significant share of the global market in 2022.

The market growth in North America is attributed to the extended presence of contract manufacturing organizations (CMOs) responsible for offering product design and development services.Further, the key market players across the region are expanding their reach of services through mergers and acquisitions.

Moreover, the robust increase in the manufacturing of medical devices to meet the rising demand for efficient healthcare is expected to aid the growth of the North American product design and development services market during the forecast period.

North America Product Design and Development Services Market Revenue and Forecast to 2028 (US$ Million)

North America Product Design and Development Services Market Segmentation

North America product design and development services market is segmented into services, application, end user, and country.
Based on services, the product design and development services market is segmented into research, strategy, and concept generation; concept and requirements developments; detailed design and process development; design verification; process validation, manufacturing transfer, and design validation; and other services. Research, strategy, and concept generation segment accounted for the largest market share.

Based on application, the product design and development market is segmented into diagnostic equipment, therapeutic equipment, surgical instruments, clinical laboratory equipment, biological storage, consumables, and others. The surgical instruments segment is likely to dominate the market in 2022.

Based on the end user, the product design and development services market has been categorized into medical companies, pharmaceutical companies, biotechnology companies, and contract research organizations (CROs). The medical companies held the largest market share in 2022.

Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

Celestica Inc.; DeviceLab Inc.; FLEX LTD.; Jabil, Inc.; NORDSON CORPORATION; Planet Innovation; Plexus Corp.; Starfish Product Engineering Inc.; Sterling Medical Devices; and Ximedica are the leading companies operating in the product design and development services market in the region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

North America Intradermal Injections Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Method, Application, and End User

  • $ 3000
  • November 2022
  • 121 pages

The intradermal injections market in North America is expected to grow from US$ 1,342.54 million in 2021 to US$ 2,859.32 million by 2028. It is estimated to grow at a CAGR of 11.4% from 2021 to 2028. Strategic ...

  • North America
  • Healthcare
  • Laboratory
  • Industry analysis
  • Health Expenditure
  • Immigrants Number

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on