- Medical device outsourcing, involving third-party services for design, development, manufacturing, and regulatory support, is becoming increasingly crucial in the North American healthcare landscape due to the region's focus on cost efficiency, innovation, and time-to-market acceleration
- The growing demand for outsourced services is primarily driven by the rising complexity of medical technologies, increasing R&D costs, and heightened pressure on OEMs to comply with evolving regulatory standards while maintaining profitability
- U.S. dominated the North America medical device outsourcing market with the largest revenue share of 79.1% in 2024, supported by a strong base of medical device companies, advanced healthcare infrastructure, and a well-established network of contract manufacturers and service providers
- Canada is expected to experience fastest growth in the the North America medical device outsourcing market during the forecast period, attributed to supportive government initiatives, an expanding healthcare sector, and increasing collaborations between OEMs and domestic outsourcing partners
- The contract manufacturing segment led the market with a share of 45.8% in 2024, fueled by the need for scalable production solutions, quality assurance, and the ability to meet stringent regulatory compliance requirements
