Top Companies in Medical Device Contract Manufacturing

The global medical device contract manufacturing market is projected to reach USD 140.84 billion in 2030 from USD 83.77 billion in 2025, at a CAGR of 10.9% between 2025 and 2030. The key factors driving the growth of the medical device contract manufacturing market include low labor costs. Traditionally, CDMOs in certain regions, like China, offered significantly lower labor costs compared to developed nations. Increasing demand for medical devices used in geriatric care and increased affordability for medical procedures and devices are some of the factors driving the growth of the market.

The two dominant strategies followed by the market players are acquisitions and expansions. In May 2025, Flex Ltd. (Singapore) expanded its partnership with Arch Systems (US), a leader in manufacturing analytics. This multi-year collaboration aims to optimize Flex’s end-to-end manufacturing operations through advanced data and analytics-driven insights. In February 2025, Jabil Inc. (US) acquired Pharmaceutics International, Inc. (US), a CDMO focused on aseptic filling, lyophilization, and oral solid dose manufacturing. This strategic move enhances Jabil’s capabilities in clinical and commercial pharmaceutical manufacturing services. In February 2025, Integer Holdings Corporation (US) acquired Precision Coating (US) for USD 152 million. The deal includes advanced surface coating technologies such as fluoropolymer and anodic coatings, strengthening Integer’s position in high-performance medical device component manufacturing.

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The prominent players in the medical device contract manufacturing market include include Jabil Inc. (US), Flex Ltd. (Singapore), Plexus Corp. (US), Sanmina Corporation (US), Integer Holdings Corporation (US), TE Connectivity Ltd. (Switzerland), Nipro Corporation (Japan), Celestica Inc. (Canada), West Pharmaceutical Services, Inc. (US), Benchmark Electronics Inc. (US), Recipharm AB (Sweden), Gerresheimer AG (Germany), Kimball Electronics Inc. (US), Nortech Systems, Inc. (US), Carclo Plc (UK), Nolato GW, Inc. (US), and the other players are Nemera. (France), Viant Medical Holdings, Inc. (US), Tecomet, Inc. (US), SMC Ltd. (US), Phillips-Medisize Corporation (US), Tessy Plastics Corp. (US), MeHow (China), Tekni-Plex (US), and Peter's Technology (China).

FLEX LTD. (SINGAPORE)

Flex specializes in the manufacturing of a diverse array of electronic components and devices tailored to the specifications of its clients across multiple industries, including automotive, communications, consumer electronics, healthcare, industrial applications, and lifestyle products. With a global footprint encompassing over 30 manufacturing facilities and a workforce of approximately 172,000 employees, Flex maintains a robust operational presence worldwide. The company prioritizes substantial investments in research and development (R&D), enabling it to remain at the cutting edge of medical device engineering technologies. This strategic focus facilitates the integration of advanced functionalities into medical devices and the optimization of production processes for enhanced efficiency and cost-effectiveness.

SANMINA CORPORATION (US)

Sanmina Corporation stands as a premier global provider of electronic manufacturing services (EMS), with a specialized focus on the design, manufacturing, and repair of intricate electronic and mechanical products tailored for original equipment manufacturers (OEMs). Operating a network of advanced manufacturing facilities across more than 20 countries on six continents, Sanmina delivers a broad spectrum of services that extend beyond traditional manufacturing. Their offerings encompass comprehensive design and engineering support, robust new product introduction (NPI) processes, sophisticated supply chain management, logistics solutions, and extensive after-market services. The company allocates significant resources toward research and development, which enables it to maintain a competitive edge and stay at the forefront of technological innovations within the EMS sector.

Market Ranking:

The medical device contract manufacturing market is highly fragmented, with the top five players—Jabil Inc. (US), Flex Ltd. (Singapore), Integer Holdings Corporation (US), Plexus Corp. (US), and Sanmina Corporation (US)—collectively holding approximately 15.0 to 20.0% of the global market share. Jabil Inc. stands out due to its extensive global production capabilities and comprehensive solutions, which span from design to regulatory-compliant manufacturing for Class II and III devices. Flex Ltd. leverages its advanced manufacturing ecosystems and digital supply chain to deliver agile, end-to-end services across diagnostics, wearables, and therapeutic systems. Plexus Corp. emphasizes product development and regulatory compliance, catering to complex and low-volume medical device needs. Sanmina Corporation focuses on electronic systems integration and turnkey solutions for diagnostic imaging, surgical tools, and patient monitoring devices. Integer Holdings Corporation is a key player in the interventional, cardiovascular, and neuromodulation markets, providing vertically integrated manufacturing and R&D capabilities. The remainder of the market consists of various regional and specialized contract manufacturers that compete through technical expertise, flexible manufacturing models, and tailored services supporting innovation and regulatory compliance in a continually evolving medical device industry.

Related Reports:

Medical Device Contract Manufacturing Market by Device Type (IVD, Cardiovascular, Orthopedic, Dental), Class of Device (Class I, II, III), Service (Device Development & Manufacturing, Packaging & Assembly, Quality Management)—Global Forecast to 2030

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