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Medical Device Services Market Size, Share, and Trends 2024 to 2034

The global medical device services market size is evaluated at USD 19.11 billion in 2025 and is forecasted to hit around USD 36.76 billion by 2034, growing at a CAGR of 7.54% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 5884
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Medical Device Services Market 

5.1. COVID-19 Landscape: Medical Device Services Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Medical Device Services Market, By Service type

8.1. Medical Device Services Market, by Service type

8.1.1 Regulatory and quality compliance

8.1.1.1. Market Revenue and Forecast

8.1.2. Product design and development

8.1.2.1. Market Revenue and Forecast

8.1.3. Product testing and certification

8.1.3.1. Market Revenue and Forecast

8.1.4. Manufacturing services

8.1.4.1. Market Revenue and Forecast

8.1.5. Maintenance and calibration

8.1.5.1. Market Revenue and Forecast

8.1.5. Post-market surveillance

8.1.5.1. Market Revenue and Forecast

8.1.5. Others (it and software solutions, supply chain management)

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Medical Device Services Market, By Device type

9.1. Medical Device Services Market, by Device type

9.1.1. Diagnostic devices

9.1.1.1. Market Revenue and Forecast

9.1.2. Therapeutic devices

9.1.2.1. Market Revenue and Forecast

9.1.3. Surgical devices

9.1.3.1. Market Revenue and Forecast

9.1.4. Patient monitoring devices

9.1.4.1. Market Revenue and Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Forecast

Chapter 10. Global Medical Device Services Market, By End-user

10.1. Medical Device Services Market, by End-user

10.1.1. Medical device manufacturers

10.1.1.1. Market Revenue and Forecast

10.1.2. Healthcare facilities

10.1.2.1. Market Revenue and Forecast

10.1.3. Academic institutions and research organizations

10.1.3.1. Market Revenue and Forecast

10.1.4. Others

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Medical Device Services Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Service type

11.1.2. Market Revenue and Forecast, by Device type

11.1.3. Market Revenue and Forecast, by End-user

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Service type

11.1.4.2. Market Revenue and Forecast, by Device type

11.1.4.3. Market Revenue and Forecast, by End-user

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Service type

11.1.5.2. Market Revenue and Forecast, by Device type

11.1.5.3. Market Revenue and Forecast, by End-user

11.2. Europe

11.2.1. Market Revenue and Forecast, by Service type

11.2.2. Market Revenue and Forecast, by Device type

11.2.3. Market Revenue and Forecast, by End-user

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Service type

11.2.4.2. Market Revenue and Forecast, by Device type

11.2.4.3. Market Revenue and Forecast, by End-user

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Service type

11.2.5.2. Market Revenue and Forecast, by Device type

11.2.5.3. Market Revenue and Forecast, by End-user

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Service type

11.2.6.2. Market Revenue and Forecast, by Device type

11.2.6.3. Market Revenue and Forecast, by End-user

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Service type

11.2.7.2. Market Revenue and Forecast, by Device type

11.2.7.3. Market Revenue and Forecast, by End-user

11.3. APAC

11.3.1. Market Revenue and Forecast, by Service type

11.3.2. Market Revenue and Forecast, by Device type

11.3.3. Market Revenue and Forecast, by End-user

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Service type

11.3.4.2. Market Revenue and Forecast, by Device type

11.3.4.3. Market Revenue and Forecast, by End-user

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Service type

11.3.5.2. Market Revenue and Forecast, by Device type

11.3.5.3. Market Revenue and Forecast, by End-user

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Service type

11.3.6.2. Market Revenue and Forecast, by Device type

11.3.6.3. Market Revenue and Forecast, by End-user

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Service type

11.3.7.2. Market Revenue and Forecast, by Device type

11.3.7.3. Market Revenue and Forecast, by End-user

11.4. MEA

11.4.1. Market Revenue and Forecast, by Service type

11.4.2. Market Revenue and Forecast, by Device type

11.4.3. Market Revenue and Forecast, by End-user

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Service type

11.4.4.2. Market Revenue and Forecast, by Device type

11.4.4.3. Market Revenue and Forecast, by End-user

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Service type

11.4.5.2. Market Revenue and Forecast, by Device type

11.4.5.3. Market Revenue and Forecast, by End-user

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Service type

11.4.6.2. Market Revenue and Forecast, by Device type

11.4.6.3. Market Revenue and Forecast, by End-user

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Service type

11.4.7.2. Market Revenue and Forecast, by Device type

11.4.7.3. Market Revenue and Forecast, by End-user

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Service type

11.5.2. Market Revenue and Forecast, by Device type

11.5.3. Market Revenue and Forecast, by End-user

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Service type

11.5.4.2. Market Revenue and Forecast, by Device type

11.5.4.3. Market Revenue and Forecast, by End-user

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Service type

11.5.5.2. Market Revenue and Forecast, by Device type

11.5.5.3. Market Revenue and Forecast, by End-user

Chapter 12. Company Profiles

12.1. Wipro

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. IQVIA

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. TATA Consultancy Services Limited

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. UL LLC

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. SGS

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Cognizant

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Dragerwerk AG and Co. KGaA

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Eurofins Scientific

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. L&T Technology Services Limited

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Infosys Limited

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global medical device services market size is expected to grow from USD 17.77 billion in 2024 to USD 36.76 billion by 2034.

The medical device services market is anticipated to grow at a CAGR of 7.54% between 2025 and 2034.

The major players operating in the medical device services market are Wipro, IQVIA TATA Consultancy Services Limited, UL LLC, SGS, Cognizant, Dragerwerk AG and Co. KGaA, Eurofins Scientific, L&T Technology Services Limited, Infosys Limited, DEKRA, IBM, Charles River Laboratories, Intertek Group plc, Cardinal Health, Brighter Health Network, LLC, and Others.

The driving factors of the medical device services market are the technological progress and a customer need for advanced healthcare solutions of high quality.

North America region will lead the global medical device services market during the forecast period 2025 to 2034.

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