PUBLISHER: TechNavio | PRODUCT CODE: 1557522
PUBLISHER: TechNavio | PRODUCT CODE: 1557522
The product design development services market is forecasted to grow by USD 6409.9 mn during 2023-2028, accelerating at a CAGR of 9.7% during the forecast period. The report on the product design development services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in healthcare technology, increasing prevalence of diseases, and increasing demand for medical devices.
Technavio's product design development services market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.61% |
CAGR | 9.7% |
Incremental Value | $6409.9 mn |
By Application
By End-user
By Geographical Landscape
This study identifies the digitalization in healthcare industry as one of the prime reasons driving the product design development services market growth during the next few years. Also, high spending on research and development (r and d) and increasing m and a will lead to sizable demand in the market.
The report on the product design development services market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading product design development services market vendors that include Aran Biomedical, Biomerics LLC, Cambridge Design Partnership Ltd., Celestica Inc., Delve, DeviceLab Inc., Flex Ltd., Freudenberg and Co. KG, IndiaCADworks, Integrated Computer Solutions Inc., Jabil Inc., KKR BOSE DESIGN SERVICES Pvt. Ltd., Nordson Corp., Nuova Donatella, Planet Innovation Holdings, Plexus Corp., RA Global Tech Solutions LLP, StarFish Product Engineering Inc., Steripack Group Ltd., and Veranex. Also, the product design development services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: