Medical Device Testing Market, By Testing (Electromagnetic Compatibility, Electrical Safety, Wireless Connectivity (2g/3g/4g-Lte, Wi-Fi, Bluetooth, and NFC), Environmental Testing, Mechanical Testing, Chemical, Physical, and Biocompatibility Testing, Cybersecurity Testing), Service Type (Testing Services, Inspection Services, Certification Services and Others), Source Type (In-House and Outsourced), Technology (Active Implant Medical Device, Active Medical Device, Non-Active Medical Device, In-Vitro Diagnostic Medical Device, Ophthalmic Medical Device, Orthopaedic and Dental Medical Device, Vascular Medical Device and Others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global medical device testing market is anticipated to reach USD 9.8 billion by 2020 growing at a CAGR of 4.8% during the forecasting period, 2020-2028. Growing demand for regulation of medical devices, increasing bent towards outsourcing of testing services are some of the factors that have supported long-term expansion for the medical device testing industry. Despite the continuous consolidation of the industry, the industry is remarkably fragmented.
The global medical device testing market is segmented into testing, service type, sourcing type, device class, technology, and geography.
The testing segment is segmented into Electromagnetic Compatibility, Electrical Safety, Wireless Connectivity (2g/3g/4g-LTE, Wi-Fi, Bluetooth), and NFC
The service Type segment is segmented into Testing Services, Inspection Services, Certification Services, and Others
The sourcing Type segment is segmented into In-House and Outsourced
Device Class segment is segmented into Class I, Class II, and Class III
The technology segment is segmented into Active Implant Medical Device, Active Medical Device, Non-Active Medical Device, In-Vitro Diagnostic Medical Device, Ophthalmic Medical Device, Orthopaedic and Dental Medical Device, Vascular Medical Device and Others
Geographically, the global medical device testing market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Asia-Pacific region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028.
Key players in the global medical device testing market are SGS, Eurofins Scientific, Bureau Veritas, Intertek, TÜV SÜD and Dekra
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
Report Feature |
Descriptions |
---|---|
Market Revenue In 2020 |
USD 9.8 billion |
Growth Rate |
CAGR of 4.8% during the forecasting period, 2020-2028 |
Historical Data |
2017-2018 |
Forecast Years |
2020-2028 |
Base Year |
2019 |
Units Considered |
Revenue in USD billion and CAGR from 2020 to 2028 |
Report Segmentation |
Testing, Service Type, Sourcing Type, Device Class, Technology and Geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
SGS, Eurofins Scientific, Bureau Veritas, Intertek, TÜV SÜD and Dekra |
Available Customization |
In addition to the market data for the medical device testing market, Delvens. offers client-centric reports and customized according to the company’s specific demand and requirement. |