The global medical device third-party logistics market size is anticipated to reach USD 47.01 billion by 2030 and is expected to expand at a CAGR of 9.0% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is attributed to medical devices' increasing complexity and specialization, which require precise handling, storage, and transportation.

As medical technologies evolve, devices often incorporate sensitive electronics, temperature-sensitive materials, and strict regulatory requirements. These factors make traditional logistics models insufficient, prompting manufacturers to rely on specialized 3PL providers who offer tailored solutions such as cold chain logistics, real-time tracking, and compliance management. This shift allows companies to maintain product integrity while navigating diverse global regulatory landscapes.

 The rising trend of outsourcing logistics functions among original equipment manufacturers (OEMs). By partnering with third-party providers, medical device companies can focus more on innovation, product development, and patient care, while leaving the complexities of inventory management, distribution, and reverse logistics to experts. This reduces operational costs and enhances supply chain efficiency and responsiveness. The growing demand for cost-effective healthcare solutions and the need for scalable logistics infrastructure further reinforce this outsourcing trend.

Technological advancements are also pivotal in reshaping the medical device logistics landscape. The adoption of artificial intelligence, machine learning, and predictive analytics by 3PL providers is improving inventory accuracy, automating workflows, and optimizing delivery routes. These innovations are helping companies meet the increasing demand for timely and traceable shipments, especially in personalized medicine and small-batch production. As healthcare infrastructure expands globally and the volume of medical device shipments continues to rise, the need for agile, compliant, and tech-enabled logistics solutions will remain a cornerstone of market growth.

Further key findings from the report suggest:

• Based on service, the warehousing and storage segment dominated the market with the largest revenue share of 37.17% in 2024.
• Based on class, the class I segment accounted for the largest market revenue share in 2024, due to growing demand for affordable and minimally risky Class I medical devices and rising e-commerce platforms with direct-to-consumer delivery models.
• Based on type, the non-cold chain logistics segment accounted for the largest market revenue share in 2024.
• Based on device type, the market is segmented into diagnostic devices and therapeutic devices. The diagnostic devices segment accounted for the largest market revenue share in 2024. 
• Based on end use, the medical device companies segment accounted for the largest market revenue share in 2024.
• North America dominated the medical device third-party logistics market with the largest revenue share of 39.53% in 2024.
• The medical device third-party logistics market in Asia Pacific is expected to grow at the fastest CAGR over the forecast period. 

Order a free sample PDF of the Medical Device Third-party Logistics Market Intelligence Study, published by Grand View Research.