Medical Device Testing Services Market Size - By Services (Biocompatibility Tests, Chemistry Test, Microbiology & Sterility Testing, Package Validation), By Phase (Preclinical, Clinical), Global Forecast, 2023

Description

List of Tables

Global Medical Device Testing Services Market size will expand at 8.5% CAGR from 2023 to 2032. The shortage of skilled professionals and testing facilities across the healthcare sector can stimulate significant growth in the Medical Device Testing Services Market. The World Health Organization forecasts a significant shortage of approximately 10 million health workers by 2030, with the most substantial deficits expected in low- and lower-middle-income nations.

As the complexity of medical devices increases, manufacturers increasingly rely on specialized testing services to ensure regulatory compliance and product safety. The scarcity of in-house expertise and testing infrastructure prompts companies to seek external testing providers, driving the demand for comprehensive medical device testing services.

The overall Medical Device Testing Services Market is segregated based on services, phase, and region.

The biocompatibility tests segment could exhibit 8.2% CAGR between 2023 and 2032. Medical Device Testing Services are experiencing heightened demand, particularly in biocompatibility tests, due to stringent regulatory requirements and the critical need to ensure the safety and compatibility of medical devices with the human body. As the industry advances, manufacturers are increasingly relying on specialized testing to meet these standards, thereby boosting the demand for biocompatibility testing services.

The preclinical segment could capture a notable Medical Device Testing Services market share, demonstrating 8.8% growth rate through 2032. Medical Device Testing Services are gaining popularity during the preclinical phase because they play a pivotal role in evaluating the safety and efficacy of medical devices before clinical trials. Comprehensive testing ensures compliance with regulations, identifies potential issues early, and minimizes risks, thereby enhancing the quality and success of medical device development, making them crucial in the preclinical stage.

Asia Pacific Medical Device Testing Services industry will grow at 9.2% CAGR over 2023-2032 due to expanding healthcare infrastructure, increasing regulatory compliance, and a growing market for medical devices. As the region becomes a global hub for device manufacturing, the demand for rigorous testing services to meet international standards has surged, driving industry expansion.

Product Code: 6237

Chapter 1 Methodology

1.1 Industry coverage
1.2 Market scope & definitions
1.3 Base estimates & working
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact at global level
1.6 Data validation
1.7 Data sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Medical device testing services industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Services trends
- 2.1.4 Phase trends

Chapter 3 Medical Device Testing Services Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Growing focus on strict approval norms
  - 3.2.1.2 Consistent and rapid advancements in medical technologies
  - 3.2.1.3 Rising need for verification and validation of medical devices
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Lack of skilled professionals and testing facilities
  - 3.2.2.2 Disparity in legal and regulatory issues
3.3 Growth potential analysis
- 3.3.1 By services
- 3.3.2 By phase
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
3.6 Technology advancements
3.7 Future market trends
3.8 Policy landscape
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Competitive positioning matrix
4.4 Vendor matrix analysis
4.5 Company share analysis, 2022
4.6 Strategy dashboard, 2022

Chapter 5 Medical Device Testing Services Market Size and Forecast, By Services (USD Million)

5.1 Key services trends
5.2 Biocompatibility tests
5.3 Chemistry test
5.4 Microbiology & sterility testing
5.5 Package validation

Chapter 6 Medical Device Testing Services Market Size and Forecast, By Phase (USD Million)

6.1 Key phase trends
6.2 Preclinical
6.3 Clinical

Chapter 7 Medical Device Testing Services Market Size and Forecast, By Region (USD Million)

7.1 Key regional trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Spain
- 7.3.5 Italy
- 7.3.6 Poland
- 7.3.7 Sweden
- 7.3.8 The Netherlands
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 South Korea
- 7.4.6 Indonesia
- 7.4.7 Philippines
- 7.4.8 Vietnam
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.5.4 Columbia
- 7.5.5 Chile
- 7.5.6 Peru
7.6 MEA
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
- 7.6.4 Turkey
- 7.6.5 Israel
- 7.6.6 Iran

Chapter 8 Company Profiles

8.1 Charles River Laboratories
8.2 Eurofins Scientific
8.3 SGS S.A.
8.4 Labcorp (Toxikon, Inc)
8.5 American Preclinical Services
8.6 Intertek Group Plc.
8.7 North America Science Associates Inc.
8.8 Element Materials Technology
8.9 WuXiAppTec Group
8.10 TÜV SÜD AG
8.11 Pace Analytical Services, LLC
8.12 Sterigenics International LLC