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Looking ahead, the U.S. medical device manufacturers market is projected to grow at a compound annual growth rate (CAGR) of 5.9% between 2025 and 2030.
The growing demand for companionship services reflects changing urban lifestyles, where people value personal well-being and meaningful connections.
The global medical device contract manufacturing market stood at USD 84.61 billion in 2025 and is expected to grow significantly, reaching approximately USD 214.33 billion by 2033, driven by a strong CAGR of 12.58% over the forecast period starting 2026.
