Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Medical Device Testing Services Market: By Services, By Technology and Region Forecast 2019-2030
Medical Device Testing Services Market size valued US$ 9.75 billion in 2023 and is poised to grow at a CAGR of 4.8% from 2024 to 2030. In the field of drug-device combinations, customized medicine, and the introduction of portable and wearable medical devices, the market is undergoing a series of changes. Medical devices are extremely important since they have a direct impact on the lives of patients. Medical device makers test medical devices before releasing them to the market in order to provide high-quality and safe experiences for patient. This has increased the demand for medical device validation and verification. As a result, it is necessary for manufacturers to adequately define and test medical devices in order to ensure their quality.
The overall expansion of the market is expected to be aided by several sets of test requirements, component selection, and the final assembly of a medical device. Furthermore, as global organizations invest in automation, the demand for automated quality assurance has increased. The COVID-19 epidemic has increased demand even further, as human intervention has been reduced in the process. To comply with the tight regulatory criteria, medical device manufacturers prefer to conduct in-house testing or outsource testing services to contract research organizations (CROs).
Medical device standard rules differ per country, and it is required for all manufacturers to meet these guidelines when marketing or selling their goods in that country. From simple dressings to sophisticated lifesaving equipment medical devices play a crucial role in disease prevention, diagnosis, management, and treatment. Before it enters the market medical device testing helps to develop and validate the safety and effectiveness of the market. Furthermore, many of medical device testing service providers also perform market testing, distribution testing and validation of supply chain.
Study Period
2024-2030Base Year
2023CAGR
4.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Medical device testing market is mainly driven by the emergence of advancements in drug device combination, personalized medicine, and increase in adaptation of the portable and wearable medical devices for real-time monitoring of patient. In addition, advanced technologies such as medical robots, ophthalmic surgical devices and minimally invasive devices rapidly increased the adaptation of medical devices in patients.
Furthermore, regional and local medical companies are expanding their markets internationally. To avoid the failures companies adopting the medical device testing services for market testing and supply chain validation. Furthermore, increased regulatory focus on safety and quality control of medical devices projected to bolster the medical device testing market over the forecast period. However, the cost of the services and the effect on device prices are expected to hamper the market growth over the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 9.75 billion |
Market CAGR |
4.8% |
By Services |
|
By Technology |
|
By Region |
|
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The global medical device testing services market size was valued at US$ 9.75 billion in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030.
SGS SA (Switzerland), Toxikon Corporation (U.S.), Eurofins Scientific (Luxembourg), Intertek Group plc (U.K.), WuXi AppTec (China), Charles River Laboratories, Inc. (U.S.), Innovatus Imaging Corporation (U.S.)
North America is the fastest-growing region for medical device testing services market
1. Executive Summary |
2. Global Medical Device Testing Services Market Introduction |
2.1.Global Medical Device Testing Services Market - Taxonomy |
2.2.Global Medical Device Testing Services Market - Definitions |
2.2.1.Services |
2.2.2.Technology |
2.2.3.Region |
3. Global Medical Device Testing Services Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Medical Device Testing Services Market Analysis, 2019-2023 and Forecast 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Medical Device Testing Services Market By Services, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
5.1. Inspection Services |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Testing Services |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Certification Services |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Others |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Medical Device Testing Services Market By Technology, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. In-vitro Diagnostics |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Ophthalmic Devices |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Active Implantable Devices |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Non-Active Medical Devices |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Vascular Medical Devices |
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Medical Device Testing Services Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. North America Medical Device Testing Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Services Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Inspection Services |
8.1.2.Testing Services |
8.1.3.Certification Services |
8.1.4.Others |
8.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.In-vitro Diagnostics |
8.2.2.Ophthalmic Devices |
8.2.3.Active Implantable Devices |
8.2.4.Non-Active Medical Devices |
8.2.5.Vascular Medical Devices |
8.2.6.Others |
8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9. Europe Medical Device Testing Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Inspection Services |
9.1.2.Testing Services |
9.1.3.Certification Services |
9.1.4.Others |
9.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.In-vitro Diagnostics |
9.2.2.Ophthalmic Devices |
9.2.3.Active Implantable Devices |
9.2.4.Non-Active Medical Devices |
9.2.5.Vascular Medical Devices |
9.2.6.Others |
9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10. Asia Pacific (APAC) Medical Device Testing Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Inspection Services |
10.1.2.Testing Services |
10.1.3.Certification Services |
10.1.4.Others |
10.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.In-vitro Diagnostics |
10.2.2.Ophthalmic Devices |
10.2.3.Active Implantable Devices |
10.2.4.Non-Active Medical Devices |
10.2.5.Vascular Medical Devices |
10.2.6.Others |
10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11. Middle East and Africa (MEA) Medical Device Testing Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
11.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Inspection Services |
11.1.2.Testing Services |
11.1.3.Certification Services |
11.1.4.Others |
11.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.In-vitro Diagnostics |
11.2.2.Ophthalmic Devices |
11.2.3.Active Implantable Devices |
11.2.4.Non-Active Medical Devices |
11.2.5.Vascular Medical Devices |
11.2.6.Others |
11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12. Latin America Medical Device Testing Services Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
12.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Inspection Services |
12.1.2.Testing Services |
12.1.3.Certification Services |
12.1.4.Others |
12.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.In-vitro Diagnostics |
12.2.2.Ophthalmic Devices |
12.2.3.Active Implantable Devices |
12.2.4.Non-Active Medical Devices |
12.2.5.Vascular Medical Devices |
12.2.6.Others |
12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LATAM |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.SGS |
13.2.2.LABCORP |
13.2.3.CHARLES RIVER LABORATORIES |
13.2.4.WUXI APPTEC |
13.2.5.HOHENSTEIN |
13.2.6.CIGNITI |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players