Global Medical Device Testing Market Segments 2024, Forecast To 2033
5 Mar, 2024
The medical device testing market has shown robust growth, rising from $9.21 billion in 2023 to $9.83 billion in 2024, with a 6.7% CAGR. Stringent regulations, medical device complexity, and globalization contributed to historic growth. The market is projected to reach $12.33 billion in 2028, with a 5.8% CAGR. Anticipated trends include enhanced regulatory testing, biocompatibility methods, and simulation techniques, aligning with the industry's focus on safety and compliance.
Global Medical Device Testing Market Key Driver
The medical device testing market is expanding with the rising number of medical device recalls. In Q2 2022, there were 719 medical recalls, indicating an 11% increase from Q1 2022, emphasizing the importance of testing for patient safety.
Get A Free Sample Of The Global Medical Device Testing Market ReportGlobal Medical Device Testing Market Segments
The medical device testing market covered in this report is segmented –
1) By Testing Type: Physical Testing, Chemical or Biological Testing, Cybersecurity Testing, Microbiology And Sterility Testing, Other Testing Type
2) By Device Class: Class I, Class II, Class III
3) By Sourcing Type: In-House, Outsourced
4) By Service Type: Testing Services, Inspection Services, Certification Services
5) By End-User: Hospital, Research Center, Homecare Clinics, Other End-User
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the medical device testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the medical testing device market report during the forecast period. The regions covered in the medical device testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Medical Device Testing Industry Players
Intertek Group plc.; SGS SA; Bureau Veritas Group; TUV SUD AG; TUV Rheinland Group; Pace Analytical Services LLC.; Charles River Laboratories Inc; UL Solutions; North American Science Associates LLC; Medistri SA; WuXi AppTec Inc.; Siemens AG; ASTM International; Cordant Health Solutions; Legacy Medical Services LLC.; GE Healthcare Technologies Inc; Thermo Fisher Scientific Inc.; Biomedical Device Labs; NSF International; Analytical Lab Group LLC; Boston Analytical; DDL Inc.; Element Materials Technology; Empirical Testing Corp.; Eurofins Scientific; Gateway Analytical LLC; iuvo BioScience; Laboratory Corporation of America Holdings; Microtest Laboratories Inc.; Nelson Laboratories LLC; National Technical Systems Inc.; Pacific Biolabs Inc.; Sterigenics International LLC; Toxikon Corporation; WCG Imaging; Westpak Inc.
Get The Full Global Medical Device Testing Market Report
AIOps Medical Device Testing Market Overview
Medical device testing refers to the process of evaluating and verifying the safety, effectiveness, and quality of medical devices. It is used to ensure that products are safe and effective for use in patient care and that they meet the standards and requirements set by regulatory agencies.
Medical Device Testing Global Market Report 2023 provides data on the global medical device testing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The medical device testing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.