Medical Device Engineering Companies, Corporate Growth and Development Strategy

Key Players' Offerings in the Medical Device Engineering Market

L&T Technology Services (LTTS)

Description: This mainly offers comprehensive end-to-end engineering solutions for the medical device & life sciences industry.

Infosys Limited

Description: It specializes in various services from initial concept and design to regulatory compliance and post-market support.

HCL Technologies

Description: It explored diverse IoT & connected devices, CARE™ Orchestration Platform & other AI-assisted solutions.

Cyient

Description: This primarily covers comprehensive, ISO 13485-certified medical device engineering, including the complete product lifecycle.

Wipro Limited

Description: The firm emphasizes R&D, software, mechanical, & electronic design for connected health, imaging, and diagnostic devices.

TATA Consultancy Services (TCS)

Description: This company integrates domain expertise with digital technologies & cloud to assist product development in areas like orthopedics, cardiology, and diagnostics.

Capgemini (Altran)

Description: It usually facilitates end-to-end medical device development, with the aim of connected health, Software as a Medical Device (SaMD), and regulatory compliance (MDR/IVDR).

Flex Ltd.

Description: The company specializes in developing smart, connected, and complex devices from concept to scalable production.

Jabil Inc.

Description: This offers different solutions in digital health, diagnostics, orthopedic implants, and drug delivery systems.

Accenture

Description: Its offerings encompass digital twin simulation, smart connected device design, cloud-based infrastructure, and regulatory compliance support.

Market Growth

The global medical device engineering market size was estimated at USD 9.96 billion in 2025 and is predicted to increase from USD 10.97 billion in 2026 to approximately USD 26.16 billion by 2035, expanding at a CAGR of 10.14% from 2026 to 2035.

What are the Major Developments in the Medical Device Engineering Market?

• In February 2026, Freudenberg Medical launched LUBRITEQ, an innovative high-performance hydrophilic coating solution, & a entire suite of associated development & manufacturing services.
• In December 2025, Eurofins Medical Device Services unveiled a GMP PFAS testing and screening solution for the medical device industry.

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