Medical Device Manufacturing Equipment (by Production) Companies

The medical device manufacturing equipment (by production) market 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. The medical device manufacturing equipment market is driven by rising demand for precision devices, automation adoption, regulatory compliance, and innovation in materials and processes. However, high capital investment and stringent validation requirements remain key restraints to wider adoption.

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), Mitutoyo Corporation (Japan), among others. These players have adopted various growth strategies, such as product launches, acquisitions, and expansion, to increase their presence and reach in the ophthalmic imaging market.

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In July 2022, II-VI Incorporated (US) acquired Coherent, Inc. (US), forming a unified company focusing on materials, photonics, and laser systems. The merged entity, now trading as “Coherent” on NASDAQ, combines II-VI’s materials expertise with Coherent’s laser-system leadership to serve strategic markets across the value chain.

In November 2023, TRUMPF (Germany) unveiled an upgraded TruPrint 2000 at Formnext 2023, featuring a 500W laser, a square build plate (+30% build area), and an optional dual-laser system boosting output by up to 80%. Adjustable beam widths and standardized parameters enhance productivity, flexibility, and precision in medical implant and dental production.

ABB (Switzerland)

ABB (Switzerland) holds a significant market share in the medical device manufacturing equipment (production) market due to its strong expertise in automation, robotics, and digital solutions that enhance precision and efficiency in device production. The company’s advanced robotic arms and automation platforms are widely adopted by medical device manufacturers for assembly, packaging, and cleanroom-compatible processes, ensuring compliance with strict regulatory standards. ABB’s focus on Industry 4.0 and smart factory solutions allows manufacturers to achieve higher throughput and cost optimization. Additionally, ABB’s global service network and strong presence in regulated markets strengthen customer trust and sustain its leadership position.

STERIS (US)

STERIS (US) secures the second-largest market share in the medical device manufacturing equipment (production) market due to its strong specialization in sterilization, contamination control, and cleanroom solutions—critical aspects of medical device production. The company provides advanced sterilizers, washers, and decontamination systems that ensure product safety and regulatory compliance across global manufacturing facilities. Its integration of automation with cleaning and sterilization equipment streamlines production workflows and minimizes downtime. With a global customer base, robust after-sales services, and proven expertise in meeting FDA and ISO standards, STERIS plays a pivotal role in supporting reliable and efficient medical device manufacturing operations worldwide.

Zeiss Group (Germany)

Zeiss Group (Germany) holds the third-largest market share in the medical device manufacturing equipment (production) market due to its unmatched expertise in precision optics, metrology, and quality assurance solutions. The company’s coordinate measuring machines, optical inspection systems, and microscopy technologies are vital for ensuring dimensional accuracy and compliance in medical device production. Zeiss’s strong reputation for delivering high-precision equipment enables manufacturers to meet strict regulatory requirements and maintain product consistency. Its global reach, continuous innovation in optical and measurement technologies, and integration of digital solutions have further solidified its position as a trusted partner in the medical device production value chain.

Market Ranking

The global medical device manufacturing equipment (by production) market is fragmented, with prominent players accounting for 17.3% of the total market share in 2024. Some of the players dominating the market include STERIS (US), Nordson Corporation (US), Zeiss Group (Germany), ABB (Switzerland), TRUMPF (Germany), among others.

The prominent players in the medical device manufacturing equipment (by production) market are based in developed regions such as North America, Europe, and the Asia Pacific. However, in the past few years, a number of smaller players catering to medical device manufacturing equipment (by production) have emerged from niche markets and are competing with global players based on product scope and innovation. The lucrative growth opportunities in the Asia Pacific markets encourage market players to strengthen their presence in these regions.

Related Reports:

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

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