Medical Device Testing Services Market Size, Share & Trends Analysis Report By Product (Microbiology & Sterility Testing, Chemistry, Biocompatibility), By Phase (Preclinical, Clinical), And Segment Forecasts, 2018 - 2025

  • ID: 4538724
  • Report
  • 106 pages
  • Grand View Research
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FEATURED COMPANIES

  • Eurofins Scientific
  • Intertek Group plc
  • SGS SA
  • Toxikon, Inc.
  • TÜV SÜD AG
  • Wuxi AppTec.
  • MORE
The global medical device testing services market size is expected to reach USD 13.4 billion by 2025., expanding at a CAGR of 11.5% during the forecast period. Increasing spending in preclinical phase of medical devices coupled with growing outsourcing rate is anticipated to help the market gain significant traction.

Surging demand for in-vitro test is also projected to fuel demand for testing services as many CROs are developing novel in-vitro methods to replace traditional in-vivo methods, which require animal testing. Improvements in procedures for development and standardization of novel in vitro test methods, particularly for sensitization, cytotoxicity, and irritation, are also working in favor of the market.

There has been a significant increase in preclinical spending for both pharmaceutical and medical devices. This trend is estimated to contribute to the demand for testing services by medical device companies.

Stringent regulatory standards pertaining to user safety are supporting growing trend of outsourcing medical device testing services. Increasing demand for good quality products is poised to further trigger the demand for testing services by medical device companies. These companies are constantly trying to comply with stringent regulatory norms put forth by authorities across the globe.

A significant consolidation in the CRO space has been observed in recent years. For instance, in October 2017, Sterigenics International LLC acquired Toxikon Europe N.V., the European division of Toxikon Corporation, to strengthen its preclinical service portfolio for pharmaceutical and medical device companies.

Further key findings from the report suggest:
  • The global biocompatibility testing market is anticipated to reach USD 4.1 billion by 2025, at a CAGR of 11.3% from 2017 to 2025
  • In terms of service, the chemistry test segment is likely to show the fastest growth during the forecast period
  • In terms of development phase, preclinical testing held the largest market share in 2016. The segment will continue to dominate the market throughout the forecast period, accounting for about two third of the overall revenue by 2025.
  • Asia Pacific is expected to dominate the medical device testing service market during the forecast period. The regional market will post a CAGR of over 12.0% during the same period. Europe and North America held remarkable cumulative share in 2016 owing to well established manufacturing infrastructure for high end and complex medical devices
  • The market is partially consolidated and competitive in nature. Some of the key companies present in the market are Toxikon, Inc.; SGS SA; Eurofins Scientific, LLC; Intertek Group plc; WuXi AppTec, Pace Analytical Services, NORTH AMERICAN SCIENCE ASSOCIATES INC.; Sterigenics International LLC; Charles River Laboratories International Inc.; American Preclinical Services; and Medical Device Testing Services.


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2 of 4

FEATURED COMPANIES

  • Eurofins Scientific
  • Intertek Group plc
  • SGS SA
  • Toxikon, Inc.
  • TÜV SÜD AG
  • Wuxi AppTec.
  • MORE
Chapter 1 Research Methodology & Scope
1.1 Information procurement
1.2 Data Analysis
1.3 Region Wise Market Calculation
1.3.1 Region Wise Market: Base Estimates
1.3.2 Global Market: CAGR Calculation
1.4 List of Secondary Sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Medical device testing services Market - Key Market Driver Analysis
3.3.2 Complexity in product design
3.3.3 Intensifying competition
3.3.4 Increasing number of small medical device lacking in-house testing capabilities
3.3.5 Strict Approval Norms
3.4 Medical device testing services - Key Market Restraint Analysis
3.4.1 Legal and Regulatory Issues
3.4.2 Delays in Contractual Obligations
3.5 Key Opportunities Prioritized
3.6 Industry Analysis Porter’s
3.7 Medical device testing services PESTEL Analysis

Chapter 4 Medical Device Testing Services Market: Service Estimates & Trend Analysis
4.1 Medical device testing services market: Service movement analysis
4.1.1 Biocompatibility Test
4.1.2 Biocompatibility test market, 2014 - 2025 (USD Million)
4.1.3 Chemistry Test
4.1.4 Chemistry test market, 2014 - 2025 (USD Million)
4.1.5 Microbiology & Sterility Testing
4.1.6 Microbiology & sterility testing market, 2014 - 2025 (USD Million)
4.1.6.1 Bio-Burden Determination
4.1.6.1.1 Bio-burden determination market, 2014 - 2025 (USD Million
4.1.6.2 Pyrogen and Endotoxin Testing
4.1.6.2.1 Pyrogen and endotoxin testing market, 2014 - 2025 (USD Million)
4.1.6.3 Sterility Test and Validation
4.1.6.3.1 Sterility test and validation market, 2014 - 2025 (USD Million
4.1.6.4 Anti-microbial Activity Testing
4.1.6.4.1 Anti-microbial activity testing market, 2014 - 2025 (USD Million
4.1.6.5 Other Services
4.1.6.5.1 Other Services market, 2014 - 2025 (USD Million
4.1.7 Package Validation
4.1.8 Package validation market, 2014 - 2025 (USD Million)

Chapter 5 Medical Device Testing Services Market: Phase Estimates & Trend Analysis
5.1 Medical device testing services market: Phase movement analysis
5.1.1 Preclinical
5.1.2 Preclinical market, 2014 - 2025 (USD Million)
5.1.3 Clinical
5.1.4 Clinical market, 2014 - 2025 (USD Million)

Chapter 6 Medical Device Testing Services Market: Regional Estimates & Trend Analysis
6.1 Medical device testing services Market Share by Region, 2016 & 2025
6.2 North America
6.2.1 North America medical device testing services market estimates and forecasts, 2014 - 2025
6.2.2 U.S.
6.2.3 Canada
6.2.3.1 Canada medical device testing services market estimates and forecasts, 2014 - 2025
6.3 Europe
6.3.1 Europe medical device testing services market estimates and forecasts, 2014 - 2025
6.3.2 France
6.3.2.1 France medical device testing services market estimates and forecasts, 2014 - 2025
6.3.3 Germany
6.3.3.1 Germany medical device testing services market estimates and forecasts, 2014 - 2025
6.4 Asia Pacific
6.4.1 Asia Pacific medical device testing services market estimates and forecasts, 2014 - 2025
6.4.2 Japan
6.4.2.1 Japan medical device testing services market estimates and forecasts, 2014 - 2025
6.4.3 China
6.4.3.1 China medical device testing services market estimates and forecasts, 2014 - 2025
6.4.4 India
6.4.4.1 India medical device testing services market estimates and forecasts, 2014 - 2025
6.5 Latin America
6.5.1 Latin America medical device testing services market estimates and forecasts, 2014 - 2025
6.5.2 Brazil
6.5.2.1 Brazil medical device testing services market estimates and forecasts, 2014 - 2025
6.5.3 Mexico
6.5.3.1 Mexico medical device testing services market estimates and forecasts, 2014 - 2025
6.6 MEA
6.6.1 MEA medical device testing services market estimates and forecasts, 2014 - 2025
6.6.2 South Africa
6.6.2.1 South Africa medical device testing services market estimates and forecasts, 2014 - 2025

Chapter 7 Competitive Landscape
7.1 Strategy framework
7.2 Company Profiles
7.2.1 SGS SA
7.2.1.1 Company overview
7.2.1.2 Financial performance
7.2.1.3 Service benchmarking
7.2.1.4 Strategic initiatives
7.2.2 Toxikon, Inc.
7.2.2.1 Company overview
7.2.2.2 Financial performance
7.2.2.3 Service benchmarking
7.2.3 Eurofins Scientific
7.2.3.1 Company overview
7.2.3.2 Financial performance
7.2.3.3 Service benchmarking
7.2.3.4 Strategic initiatives
7.2.4 Pace Analytical Services LLC.
7.2.4.1 Company overview
7.2.4.2 Financial performance
7.2.4.3 Service benchmarking
7.2.4.4 Strategic initiatives
7.2.5 Intertek Group plc
7.2.5.1 Company overview
7.2.5.2 Financial performance
7.2.5.3 Service benchmarking
7.2.5.4 Strategic initiatives
7.2.6 Wuxi AppTec.
7.2.6.1 Company overview
7.2.6.2 Financial performance
7.2.6.3 Service benchmarking
7.2.6.4 Strategic initiatives
7.2.7 NORTH AMERICAN SCIENCE ASSOCIATES, INC.
7.2.7.1 Company overview
7.2.7.2 Financial performance
7.2.7.3 Service benchmarking
7.2.7.4 Strategic initiatives
7.2.8 TÜV SÜD AG
7.2.8.1 Company overview
7.2.8.2 Financial performance
7.2.8.3 Service benchmarking
7.2.9 American Preclinical Services
7.2.9.1 Company overview
7.2.9.2 Financial performance
7.2.9.3 Service benchmarking
7.2.9.4 Strategic initiatives
7.2.10 Sterigenics International LLC
7.2.10.1 Company overview
7.2.10.2 Service benchmarking
7.2.10.3 Strategic initiatives
7.2.11 Charles River Laboratories International, Inc.
7.2.11.1 Company overview
7.2.11.2 Financial performance
7.2.11.3 Service benchmarking
7.2.11.4 Strategic initiatives
7.2.12 Medical Device Testing Services
7.2.12.1 Company overview
7.2.12.2 Financial performance
7.2.12.3 Service benchmarking


List of Tables

Table 1. Country share estimation
Table 2. List of market players
Table 3. North America Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 4. North America Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 5. U.S. Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 6. U.S. Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 7. Canada Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 8. Canada Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 9. Europe Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 10. Europe Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 11. France Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 12. France Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 13. Germany Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 14. Germany Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 15. Asia Pacific Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 16. Asia Pacific Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 17. Japan Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 18. Japan Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 19. China Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 20. China Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 21. Latin America Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 22. Latin America Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 23. Brazil Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 24. Brazil Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 25. Mexico Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 26. Mexico Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 27. MEA Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 28. MEA Medical device testing services market, by phase, 2015 - 2025 (USD Million)
Table 29. South Africa Medical device testing services market, by service, 2015 - 2025 (USD Million)
Table 30. South Africa Medical device testing services market, by phase, 2015 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modeling for market share assessment
FIG. 7 Market summary (Figures in USD Million, 2016)
FIG. 8 Market trends & outlook
FIG. 9 Medical device testing services market: Market Segmentation
FIG. 10 Medical device testing services market revenue, (USD Million), 2014-2025
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Market restraint relevance analysis (Current & future impact)
FIG. 13 Key opportunities Prioritized
FIG. 14 Medical device testing services Porter’s analysis
FIG. 15 Medical device testing services PESTEL analysis
FIG. 16 Medical device testing services market: Application outlook key takeaways
FIG. 17 Medical device testing services market: Service movement analysis
FIG. 18 Biocompatibility market, 2014 - 2025 (USD Million)
FIG. 19 Chemistry test market, 2014 - 2025 (USD Million)
FIG. 20 Microbiology and sterility testing market, 2014 - 2025 (USD Million)
FIG. 21 Bioburden-determination market, 2014 - 2025 (USD Million)
FIG. 22 Pyrogen and endotoxin testing market, 2014 - 2025 (USD Million)
FIG. 23 Sterility test and validation market, 2014 - 2025 (USD Million)
FIG. 24 Anti-microbial activity testing market, 2014 - 2025 (USD Million)
FIG. 25 Other services market, 2014 - 2025 (USD Million)
FIG. 26 Package validation market, 2014 - 2025 (USD Million)
FIG. 27 Medical device testing services market: Phase outlook key takeaways
FIG. 28 Medical device testing services market: Phase movement analysis
FIG. 29 Preclinical market, 2014 - 2025 (USD Million)
FIG. 30 Clinical market, 2014 - 2025 (USD Million)
FIG. 31 Regional market place: Key takeaways
FIG. 32 Regional outlook, 2016 & 2025
FIG. 33 North America medical device testing services market, 2014 - 2025 (USD Million)
FIG. 34 U.S. medical device testing services market, 2014 - 2025 (USD Million)
FIG. 35 Canada Medical device testing services market, 2014 - 2025 (USD Million)
FIG. 36 Europe medical device testing services market, 2014 - 2025 (USD Million)
FIG. 37 France medical device testing services, 2014 - 2025 (USD Million)
FIG. 38 Germany medical device testing services market, 2014 - 2025 (USD Million)
FIG. 39 Asia Pacific medical device testing services market, 2014 - 2025 (USD Million)
FIG. 40 Japan medical device testing services market, 2014 - 2025 (USD Million)
FIG. 41 China medical device testing services market, 2014 - 2025 (USD Million)
FIG. 42 India medical device testing services market, 2014 - 2025 (USD Million)
FIG. 43 Latin America medical device testing services market, 2014 - 2025 (USD Million)
FIG. 44 Brazil medical device testing services market, 2014 - 2025 (USD Million)
FIG. 45 Mexico medical device testing services market, 2014 - 2025 (USD Million)
FIG. 46 MEA medical device testing services market, 2014 - 2025 (USD Million)
FIG. 47 South Africa medical device testing services market, 2014 - 2025 (USD Million)
FIG. 48 Strategy framework
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  • SGS SA
  • Toxikon, Inc.
  • Eurofins Scientific
  • Pace Analytical Services LLC.
  • Intertek Group plc
  • Wuxi AppTec.
  • NORTH AMERICAN SCIENCE ASSOCIATES, INC.
  • TÜV SÜD AG
  • American Preclinical Services
  • Sterigenics International LLC
  • Charles River Laboratories International, Inc.
  • Medical Device Testing Services
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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