The report "Medical Device Manufacturing Equipment (by Production) Market by Type (Material Processing, Sterilization & Cleaning Equipment), Application (Consumables & Disposables), End User (OEMs, Contract Manufacturing Organizations) - Global Forecast to 2030", is projected to reach USD 27.80 billion by 2030 from USD 19.24 billion in 2025, at a CAGR of 7.6% during the forecast period.
OPPORTUNITY: Customization and personalization
Customization and personalization present a significant opportunity in the medical device manufacturing equipment (by production) market, driven by the rising demand for patient-specific solutions and precision healthcare. Modern medicine is increasingly shifting away from a “one-size-fits-all” approach toward tailored treatments that improve outcomes and patient satisfaction. Manufacturing technologies such as additive manufacturing (3D printing), CNC machining, and advanced robotics are enabling the production of customized implants, prosthetics, surgical instruments, and wearable devices with unmatched accuracy and flexibility.
The material processing equipment segment is set to account for the highest share, by equipment type, in the medical device manufacturing equipment (by production) market.
Material processing equipment is estimated to account for the largest market share as it is fundamental to shaping, cutting, welding, and assembling medical devices with high precision and reliability. Growing demand for minimally invasive devices, stringent quality standards, and the need for automation in production further strengthen its dominance, making it indispensable across diverse medical device manufacturing applications worldwide.
The consumables & disposables segment held the highest value share of the medical device manufacturing equipment (by production) market, by application in 2024.
Consumables & disposables is estimated to be the largest market as they are essential in every stage of medical device manufacturing, ensuring sterility, precision, and regulatory compliance. Their recurring demand, single-use nature, and critical role in maintaining production efficiency and safety drive consistent growth, making them a dominant and irreplaceable segment within the medical device manufacturing equipment (by production) market.
In 2024, Europe accounted for the largest share of the medical device manufacturing equipment (by production) market.
Europe holds the largest market share due to its strong base of established medical device OEMs, advanced manufacturing infrastructure, and stringent regulatory standards that drive adoption of high-quality equipment. Significant R&D investments, supportive government initiatives, and high healthcare expenditure further reinforce Europe’s leadership in the medical device manufacturing equipment (by production) market, ensuring consistent demand and technological advancements.
Key Market Players
Prominent players in the medical device manufacturing equipment (by production) market are STERIS (US), Nordson Corporation (US), ENGEL (Austria), Zeiss Group (Germany), Multivac (Germany), Coherent Corp. (US), KUKA AG (Germany), ABB (Switzerland), TRUMPF (Germany), OC Oerlikon Management AG (Switzerland), Arburg (Germany), Stratasys Ltd (US), Plasmatreat (Germany), Nikon Corporation (Japan), and Mitutoyo Corporation (Japan), among others.