Electronics ServiceMedical Market

With medical devices becoming smaller, more complex, and ?smarter? thanks to the Internet of Things (IoT), electronic manufacturing services (EMS) companies have a rapidly growing role in the development of these advanced medical products. In fact, many of the technology advances in the medical device market are electronics-related?medical device manufacturers (MDMs) are eager to take advantage of fast-growing, data-driven consumer markets by building real-time multifunctionality into their products. Miniaturization, connectivity, mobility, data collection, and wearables usually require EMS. These consumer demands can challenge the capabilities of EMS providers?for example, next-generation electronics must occupy less space and fit into more challenging geometries.
Many applications, especially wearables, require electronics that are flexible, or that can even stretch. Sometimes, MDMs also want to retrofit electronic functions or connectivity into existing products, where the challenge is redesigning them without affecting patient familiarity with the current products or confusing the branding message.
As a result, an increasing number of MDMs outsource their EMS needs to contract manufacturers. EMS is a field that is not as familiar to MDM engineers as other aspects of device construction; they count on their EMS providers to be skilled in the latest EM technologies and have the right electrical solutions for their products, regardless of the challenges of miniaturization, unique geometries, and power needs. Highly complex electronic components often required for mission-critical tasks in medical applications may even require in-house research and development to create proprietary, one-of-a-kind solutions.
Electronics ServiceMedical Market contains market size and forecasts of Electronics Manufacturing Service in Medical in Global, including the following market information:
Global Electronics Manufacturing Service in Medical Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Electronics Manufacturing Service in Medical market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electronic Manufacturing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electronics Manufacturing Service in Medical include Hon Hai/Foxconn, Jabil, Flextronics, New-Kinpo Group, Venture, Plexus, Kaifa, Celestica and Sanmina, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electronics Manufacturing Service in Medical companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronics Manufacturing Service in Medical Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electronics Manufacturing Service in Medical Market Segment Percentages, by Type, 2021 (%)
Electronic Manufacturing
Engineering Services
Test Development & Implementation
Logistics Services
Others
Global Electronics Manufacturing Service in Medical Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electronics Manufacturing Service in Medical Market Segment Percentages, by Application, 2021 (%)
Diagnostic Equipment
Treatment Equipment
Life Support Equipment
Medical Monitors
Medical Laboratory Equipment
Medical Wearable Equipment
Global Electronics Manufacturing Service in Medical Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electronics Manufacturing Service in Medical Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronics Manufacturing Service in Medical revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Electronics Manufacturing Service in Medical revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hon Hai/Foxconn
Jabil
Flextronics
New-Kinpo Group
Venture
Plexus
Kaifa
Celestica
Sanmina
FIH Mobile
SIIX
Zollner Elektronik
Universal Scientific Industrial
Benchmark Electronics
SMC
Pegatron