Global Medical Precision Parts Market Valued at USD 22.42 Billion by 2030: North America Leads, Asia Pacific Gains Momentum – Arizton

Global Medical Precision Parts Market Valued at USD 22.42 Billion by 2030: North America Leads, Asia Pacific Gains Momentum - Arizton
Global Medical Precision Parts Market Research Report by Arizton
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030.

According to Arizton research, the global medical precision parts market size was valued at USD 16.00 billion in 2024 and is expected to reach USD 22.42 billion by 2030, growing at a CAGR of 5.78% during the forecast period.

 

Explore the Full Market Insights: https://www.arizton.com/market-reports/medical-precision-parts-market

 

Report Summary:

Market Size (2030): USD 22.42 Billion

Market Size (2024): USD 16.00 Billion

CAGR (2024-2030): 5.78%

Historic Year: 2021-2023

Base Year: 2024

Forecast Year: 2025-2030

Market Segmentation: Product Type, Material Type, Application, And Geography

Geographic Analysis: North America, Europe, Apac, Latin America, And Middle East & Africa

 

Automation Meets Accuracy: Precision Fluidics Transform High-Throughput Labs and Genomics

The growing adoption of laboratory and biotech automation platforms is driving strong demand for high-precision fluidic components such as micro-valves, pipetting heads, microfluidic cartridges, and flow regulators. These components enable accurate handling of microliter and nanoliter volumes, ensuring reproducible workflows and high-throughput operations. Leading systems like the Illumina NovaSeq 6000, Hamilton Microlab STAR, and Thermo Fisher CV2000 showcase the impact of precision fluidics in genomics, molecular diagnostics, drug discovery, and cell therapy. By 2025, demand for sequencing consumables, automated liquid handling parts, and AI-integrated fluidic components is expected to rise sharply, fueled by the expansion of clinical genomics projects, automated assay preparation for CROs, and AI-driven predictive maintenance.

 

Medical Precision Parts Market News: GEMSONS & Linamar Leading Technological Advancements

  • September 2024: GEMSONS enhanced its cleanroom CNC machining with high-tolerance micro-machining, enabling production of critical medical components like valve assemblies, fluidic connectors, and diagnostic housings, compliant with ISO 13485 standards.
  • July 2025: Linamar International introduced advanced additive manufacturing for customized implantable devices, allowing rapid prototyping and precise fabrication of complex geometries, cutting time-to-market for patient-specific orthopedic and cardiovascular implants.

 

Biocompatible Materials and Surface Treatments Take Center Stage in Innovation

The growing market for advanced medical devices and lab automation is driving demand for surface-engineered precision parts, including nano-textured implants, coated micro-nozzles, and chemically treated diagnostic components. These innovations enhance biocompatibility, reduce biofouling, and ensure precise fluid handling, boosting device reliability, patient safety, and regulatory compliance. Leading solutions, such as Medtronic titanium implants, SynBio anti-fouling micro-nozzles, and Phillips-Medisize surface treated PEEK cartridges highlight the industry’s shift toward high-performance, surface optimized precision parts that meet the evolving needs of implantable devices and automated lab platforms worldwide.

 

Medical Precision Parts Enter a New Era with 3D Printing

The medical precision parts industry is increasingly adopting 3D printing and micro-additive manufacturing to produce complex, miniaturized components beyond the reach of traditional machining. These technologies enable rapid prototyping, customization, and faster time-to-market for innovative medical devices. Phillips-Medisize, for example, produces 3D-printed microfluidic cartridges for diagnostic platforms, accelerating R&D and lab automation. Precipart develops additive-manufactured implantable components with integrated fluidic and mechanical functions, supporting miniaturized implants, wearable devices, and lab-on-chip platforms.

On-demand production of patient-specific implants and consumables improves outcomes, reduces inventory costs, and supports personalized medicine. Advances in biocompatible polymers, resins, and metal powders allow multi-material builds; Phillips-Medisize combines PEEK with functional polymers in a single cartridge, integrating fluidic, structural, and sensing features while minimizing assembly steps.

 

North America Leads, Yet Asia Pacific Emerges as a Global Growth Hotspot in Medical Precision Parts

North America continues to lead the medical precision parts market, driven by a combination of advanced healthcare infrastructure, regulatory rigor, and the presence of global medical device leaders such as Medtronic, Johnson & Johnson, and Stryker. The region’s strong adoption of minimally invasive, robotic, and next-generation surgical technologies, alongside sustained R&D investments, supports increasing demand for precision-engineered components in orthopedic, cardiovascular, and diagnostic devices. Meanwhile, theAsia Pacific, including China, Japan, India, South Korea, and Singapore, is emerging as a fast-growing market, supported by automation, AI, and robotics adoption in healthcare, electronics, and automotive sectors. Together, these regions are shaping global demand and innovation in medical precision components.

 

Explore full insights and investment opportunities in global medical precision parts market : https://www.arizton.com/market-reports/medical-precision-parts-market

 

Key Company Profiles

  • Gemsons
  • ARC Group Worldwide, INC
  • Precision Resource
  • Thermo Fisher Scientific
  • Stryker Corporation
  • Linamar Corporation
  • TS Prototypes

Other Prominent Company Profiles

  • SK Technologies
  • Reeds Precision
  • Saint-Gobain
  • Multisource
  • ELOS
  • SeaskyMedical
  • MMT INC.
  • NN INC.
  • JACO Machine Works
  • ARCH Medical Solutions
  • GREE‑GE
  • Abbott Laboratories
  • Beyonics Technology Ltd.
  • SeaskyMedical
  • Coler Supply Solutions
  • Datron Technology Ltd
  • E-FAB INC.
  • Carclo
  • ACCUROUNDS INC
  • Shine Precision Engineering Pte Ltd
  • Helbling Technik
  • ZELTWANGER
  • Röchling Medical
  • MJ Enterprises
  • APPORO
  • PRECIPART
  • Shenzhen Dek Manufacturing Co., Ltd.
  • GABRIL
  • Rapid Direct
  • Advanced Mrico Precision
  • Micro Precision Components

 

Market Segmentation & Forecast

Product Type

  • CNC Machined Parts
  • Injection-molded components
  • Swiss Turned Components
  • Metal Stamping
  • Cold-Formed Microcomponents
  • Others

Material Type

  • Metal
  • Plastic
  • Others

Application

  • Orthopedic Implants
  • Cardiovascular Devices
  • Surgical Instruments
  • Other Aplplication

Geography

North America

  • The U.S.
  • Canada

Europe

  • Germany
  • France
  • Russia
  • The U.K.
  • Norway
  • Denmark
  • Italy
  • Poland
  • Spain

APAC

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Chile

Middle East & Africa

  • Saudi Arabia
  • UAE
  • South Africa
  • Israel

 

Related Reports That May Align with Your Business Needs

Global Life Science Precision Parts Market Research Report 2025 – 2030

https://www.arizton.com/market-reports/life-science-precision-parts-market

Precision Parts Market – Global Outlook & Forecast 2024-2029

https://www.arizton.com/market-reports/precision-parts-market-report

 

What Key Findings Will Our Research Analysis Reveal?

  • Which region dominates the global medical precision parts market?
  • What is the growth rate of the global medical precision parts market?
  • How big is the global medical precision parts market?
  • Who are the major players in the global medical precision parts market?
  • What are the key trends in the global medical precision parts market?

Why Arizton?                                              

100% Customer Satisfaction                                              

24×7 availability – we are always there when you need us                                              

200+ Fortune 500 Companies trust Arizton’s report                                              

80% of our reports are exclusive and first in the industry                                              

100% more data and analysis                                              

1500+ reports published till date                            

                 

Post-Purchase Benefit                                         

  • 1hr of free analyst discussion                                          
  • 10% off on customization                       

                

About Us:                                                                                   

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/medical-precision-parts-market