Electronics manufacturing Services (EMS) refer to companies that design, manufacture, test, distribute, and provide return/repair Services for electronic components and assemblies for original equipment manufacturers (OEMs). The concept is also referred to as electronics contract manufacturing (ECM).
This report aims to provide a comprehensive presentation of the global market for Medical Sector Contract Electronic Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Sector Contract Electronic Manufacturing. This report contains market size and forecasts of Medical Sector Contract Electronic Manufacturing in global, including the following market information:
Global Medical Sector Contract Electronic Manufacturing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Medical Sector Contract Electronic Manufacturing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In recent years, EMS players have shifted production to low-cost geographies; embraced non-traditional industries including consumer electronics, industrial, medical and instrumentation; and added substantial vertical capabilities, stretching from design and ODM through system assembly, test, delivery and logistics, warranty and repair, network Services, software and silicon design, and customer service.
We surveyed the Medical Sector Contract Electronic Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Sector Contract Electronic Manufacturing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Medical Sector Contract Electronic Manufacturing Market Segment Percentages, by Type, 2022 (%)
Super Electronic Manufacturing Services
Original Design Manufacturing Services
Global Medical Sector Contract Electronic Manufacturing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Medical Sector Contract Electronic Manufacturing Market Segment Percentages, by Application, 2022 (%)
Hospitals & Clinics
Diagnostic Centers
Academic & Research Institutes
Global Medical Sector Contract Electronic Manufacturing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Medical Sector Contract Electronic Manufacturing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Medical Sector Contract Electronic Manufacturing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Medical Sector Contract Electronic Manufacturing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Benchmark Electronics
FLEX
Celestica
Jabil Circuit
Sanmina
Nortech Systems
TE Connectivity
Outline of Major Chapters:
Chapter 1: Introduces the definition of Medical Sector Contract Electronic Manufacturing, market overview.
Chapter 2: Global Medical Sector Contract Electronic Manufacturing market size in revenue.
Chapter 3: Detailed analysis of Medical Sector Contract Electronic Manufacturing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Medical Sector Contract Electronic Manufacturing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Medical Sector Contract Electronic Manufacturing Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Medical Sector Contract Electronic Manufacturing Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Medical Sector Contract Electronic Manufacturing Overall Market Size
2.1 Global Medical Sector Contract Electronic Manufacturing Market Size: 2022 VS 2029
2.2 Global Medical Sector Contract Electronic Manufacturing Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Medical Sector Contract Electronic Manufacturing Players in Global Market
3.2 Top Global Medical Sector Contract Electronic Manufacturing Companies Ranked by Revenue
3.3 Global Medical Sector Contract Electronic Manufacturing Revenue by Companies
3.4 Top 3 and Top 5 Medical Sector Contract Electronic Manufacturing Companies in Global Market, by Revenue in 2022
3.5 Global Companies Medical Sector Contract Electronic Manufacturing Product Type
3.6 Tier 1, Tier 2 and Tier 3 Medical Sector Contract Electronic Manufacturing Players in Global Market
3.6.1 List of Global Tier 1 Medical Sector Contract Electronic Manufacturing Companies
3.6.2 List of Global Tier 2 and Tier 3 Medical Sector Contract Electronic Manufacturing Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Medical Sector Contract Electronic Manufacturing Market Size Markets, 2022 & 2029
4.1.2 Super Electronic Manufacturing Services
4.1.3 Original Design Manufacturing Services
4.2 By Type - Global Medical Sector Contract Electronic Manufacturing Revenue & Forecasts
4.2.1 By Type - Global Medical Sector Contract Electronic Manufacturing Revenue, 2018-2023
4.2.2 By Type - Global Medical Sector Contract Electronic Manufacturing Revenue, 2024-2029
4.2.3 By Type - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Medical Sector Contract Electronic Manufacturing Market Size, 2022 & 2029
5.1.2 Hospitals & Clinics
5.1.3 Diagnostic Centers
5.1.4 Academic & Research Institutes
5.2 By Application - Global Medical Sector Contract Electronic Manufacturing Revenue & Forecasts
5.2.1 By Application - Global Medical Sector Contract Electronic Manufacturing Revenue, 2018-2023
5.2.2 By Application - Global Medical Sector Contract Electronic Manufacturing Revenue, 2024-2029
5.2.3 By Application - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Medical Sector Contract Electronic Manufacturing Market Size, 2022 & 2029
6.2 By Region - Global Medical Sector Contract Electronic Manufacturing Revenue & Forecasts
6.2.1 By Region - Global Medical Sector Contract Electronic Manufacturing Revenue, 2018-2023
6.2.2 By Region - Global Medical Sector Contract Electronic Manufacturing Revenue, 2024-2029
6.2.3 By Region - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029
6.3.2 US Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.3.3 Canada Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.3.4 Mexico Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029
6.4.2 Germany Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.3 France Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.4 U.K. Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.5 Italy Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.6 Russia Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.7 Nordic Countries Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.4.8 Benelux Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029
6.5.2 China Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.5.3 Japan Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.5.4 South Korea Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.5.5 Southeast Asia Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.5.6 India Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029
6.6.2 Brazil Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.6.3 Argentina Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029
6.7.2 Turkey Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.7.3 Israel Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.7.4 Saudi Arabia Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
6.7.5 UAE Medical Sector Contract Electronic Manufacturing Market Size, 2018-2029
7 Medical Sector Contract Electronic Manufacturing Companies Profiles
7.1 Benchmark Electronics
7.1.1 Benchmark Electronics Company Summary
7.1.2 Benchmark Electronics Business Overview
7.1.3 Benchmark Electronics Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.1.4 Benchmark Electronics Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.1.5 Benchmark Electronics Key News & Latest Developments
7.2 FLEX
7.2.1 FLEX Company Summary
7.2.2 FLEX Business Overview
7.2.3 FLEX Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.2.4 FLEX Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.2.5 FLEX Key News & Latest Developments
7.3 Celestica
7.3.1 Celestica Company Summary
7.3.2 Celestica Business Overview
7.3.3 Celestica Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.3.4 Celestica Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.3.5 Celestica Key News & Latest Developments
7.4 Jabil Circuit
7.4.1 Jabil Circuit Company Summary
7.4.2 Jabil Circuit Business Overview
7.4.3 Jabil Circuit Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.4.4 Jabil Circuit Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.4.5 Jabil Circuit Key News & Latest Developments
7.5 Sanmina
7.5.1 Sanmina Company Summary
7.5.2 Sanmina Business Overview
7.5.3 Sanmina Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.5.4 Sanmina Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.5.5 Sanmina Key News & Latest Developments
7.6 Nortech Systems
7.6.1 Nortech Systems Company Summary
7.6.2 Nortech Systems Business Overview
7.6.3 Nortech Systems Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.6.4 Nortech Systems Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.6.5 Nortech Systems Key News & Latest Developments
7.7 TE Connectivity
7.7.1 TE Connectivity Company Summary
7.7.2 TE Connectivity Business Overview
7.7.3 TE Connectivity Medical Sector Contract Electronic Manufacturing Major Product Offerings
7.7.4 TE Connectivity Medical Sector Contract Electronic Manufacturing Revenue in Global Market (2018-2023)
7.7.5 TE Connectivity Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Medical Sector Contract Electronic Manufacturing Market Opportunities & Trends in Global Market
Table 2. Medical Sector Contract Electronic Manufacturing Market Drivers in Global Market
Table 3. Medical Sector Contract Electronic Manufacturing Market Restraints in Global Market
Table 4. Key Players of Medical Sector Contract Electronic Manufacturing in Global Market
Table 5. Top Medical Sector Contract Electronic Manufacturing Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Medical Sector Contract Electronic Manufacturing Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Medical Sector Contract Electronic Manufacturing Revenue Share by Companies, 2018-2023
Table 8. Global Companies Medical Sector Contract Electronic Manufacturing Product Type
Table 9. List of Global Tier 1 Medical Sector Contract Electronic Manufacturing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Medical Sector Contract Electronic Manufacturing Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Medical Sector Contract Electronic Manufacturing Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Medical Sector Contract Electronic Manufacturing Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Medical Sector Contract Electronic Manufacturing Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Medical Sector Contract Electronic Manufacturing Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2024-2029
Table 30. Benchmark Electronics Company Summary
Table 31. Benchmark Electronics Medical Sector Contract Electronic Manufacturing Product Offerings
Table 32. Benchmark Electronics Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 33. Benchmark Electronics Key News & Latest Developments
Table 34. FLEX Company Summary
Table 35. FLEX Medical Sector Contract Electronic Manufacturing Product Offerings
Table 36. FLEX Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 37. FLEX Key News & Latest Developments
Table 38. Celestica Company Summary
Table 39. Celestica Medical Sector Contract Electronic Manufacturing Product Offerings
Table 40. Celestica Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 41. Celestica Key News & Latest Developments
Table 42. Jabil Circuit Company Summary
Table 43. Jabil Circuit Medical Sector Contract Electronic Manufacturing Product Offerings
Table 44. Jabil Circuit Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 45. Jabil Circuit Key News & Latest Developments
Table 46. Sanmina Company Summary
Table 47. Sanmina Medical Sector Contract Electronic Manufacturing Product Offerings
Table 48. Sanmina Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 49. Sanmina Key News & Latest Developments
Table 50. Nortech Systems Company Summary
Table 51. Nortech Systems Medical Sector Contract Electronic Manufacturing Product Offerings
Table 52. Nortech Systems Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 53. Nortech Systems Key News & Latest Developments
Table 54. TE Connectivity Company Summary
Table 55. TE Connectivity Medical Sector Contract Electronic Manufacturing Product Offerings
Table 56. TE Connectivity Medical Sector Contract Electronic Manufacturing Revenue (US$, Mn) & (2018-2023)
Table 57. TE Connectivity Key News & Latest Developments
List of Figures
Figure 1. Medical Sector Contract Electronic Manufacturing Segment by Type in 2022
Figure 2. Medical Sector Contract Electronic Manufacturing Segment by Application in 2022
Figure 3. Global Medical Sector Contract Electronic Manufacturing Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Medical Sector Contract Electronic Manufacturing Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Medical Sector Contract Electronic Manufacturing Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Medical Sector Contract Electronic Manufacturing Revenue in 2022
Figure 8. By Type - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 9. By Application - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 10. By Type - Global Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 12. By Application - Global Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 14. By Region - Global Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 15. By Country - North America Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 16. US Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 20. Germany Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 21. France Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 28. China Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 32. India Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 34. Brazil Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Medical Sector Contract Electronic Manufacturing Revenue Market Share, 2018-2029
Figure 37. Turkey Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Medical Sector Contract Electronic Manufacturing Revenue, (US$, Mn), 2018-2029
Figure 41. Benchmark Electronics Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. FLEX Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Celestica Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Jabil Circuit Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Sanmina Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Nortech Systems Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. TE Connectivity Medical Sector Contract Electronic Manufacturing Revenue Year Over Year Growth (US$, Mn) & (2018-2023)