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Medical Device Testing Services Market Analysis

  • Report ID: GMI6237
  • Published Date: Jul 2023
  • Report Format: PDF

Medical Device Testing Services Market Analysis

Based on services, the medical device testing services market is bifurcated into biocompatibility tests, microbiology & sterility testing, chemistry test and package validation. The microbiology & sterility testing segment accounted for leading revenue share and was valued at over USD 2.7 billion in 2022. Microbiology and sterility testing are essential to ensure that medical devices, particularly those intended for direct or indirect contact with patients, are free from harmful microorganisms. Ensuring sterility and microbial control is crucial in preventing infections and complications, thereby safeguarding patient safety. Regulatory bodies, such as the FDA and EMA, mandate microbiology and sterility testing for medical devices to obtain market approval.
 

Moreover, factors such as advancements in implantable medical devices, rise in point-of-care testing devices, infection prevention in healthcare settings and quality control are further propelling the segmental progression.
 

Medical Device Testing Services Market Share, By Phase, 2022

Based on phase, the medical device testing services market is segmented into preclinical and clinical. The clinical segment held a majority revenue share in 2022 and is anticipated to reach around USD 11.0 billion by 2032. The clinical phase is a crucial stage in the development process where the medical device is tested on human subjects to evaluate its safety and efficacy under real-world conditions. During this phase, the device is tested in clinical trials, and the data collected is used to support the device's regulatory approval and commercialization. Clinical trials generate a vast amount of data that requires accurate collection, management, and analysis. Testing services assist in ensuring data quality and integrity during the clinical phase.
 

Additionally, clinical testing may uncover areas for device improvement and optimization. Testing services help manufacturers iterate and refine the device design based on clinical trial outcomes.
 

North America Medical Device Testing Services Market, (USD Billion)

The North America medical device testing services market was valued at over USD 2.1 billion in 2022. The significant regional share is attributed to the fact that North America is at the forefront of technological advancements in the medical device industry. The region is a hub for innovation and research, leading to the development of cutting-edge medical devices that require extensive testing services to support their regulatory approval and commercialization. Stringent regulatory environment in the U.S. overseen by the Food and Drug Administration (FDA), necessitate thorough testing and evaluation before medical devices can be approved for market entry.
 

Further, the region boasts a large and diverse medical device market, serving a wide range of healthcare needs. This diversity spans from diagnostic equipment and surgical instruments to implantable devices and remote patient monitoring solutions, all of which require testing services.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The global market for medical device testing services was valued at around USD 7.5 billion in 2022 and is anticipated to record a CAGR of 8.5% during 2023 and 2032.

The microbiology & sterility testing segment accounted for over USD 2.7 billion in 2022 as ensuring sterility and microbial control is crucial in preventing infections and complications, thereby safeguarding patient safety.

North America medical device testing services market was valued at over USD 2.1 billion in 2022, attributed to the fact that North America is at the forefront of technological advancements in the medical device sector.

Charles River Laboratories, American Preclinical Services, North America Science Associates Inc., Element Materials Technology, WuXiAppTec Group, Eurofins Scientific, Labcorp (Toxikon, Inc), and TÜV SÜD AG among others.

Medical Device Testing Services Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 190
  • Countries covered: 30
  • Pages: 130
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