The harmonization of standards, growing consumption of medical devices in emerging countries, increasing need of validation and verification for medical devices, the imposition of rigorous government regulations, the growing trend of outsourcing medical device testing services and standards across medical devices will drive the growth of medical device testing market.
The medical device testing market is growing due to the increasing need of verification and validation for medical devices. The in-vitro diagnostic (IVD) medical device segment held the largest share of the medical device testing market in 2019, owing to the increasing demand for rapid testing kits and other diagnostics devices across regions. The active implant medical device segment is projected to witness the highest CAGR during the forecast period, owing to the implementation of stringent regulations to ensure that the implantable medical devices are fit for the human body.
The market for medical device testing is primarily driven by the continuously rising number of COVID-19 cases leading to the increasing number of ICU beds, which leads to the growing demand for COVID-19 priority medical devices. The market is also driven by factors such as the increased requirement for PPE kits and N95 masks globally and rising demand for ventilators for the effective management of critical COVID-19 patients. The demand for in-vitro diagnostic products due to the COVID-19 pandemic is expected to increase mainly due to factors such as market demand for rapid-test products and a sharp rise in the target patient population in a few countries. However, delays in non-urgent treatment and surgical procedures and the impact on supply chain and logistics due to lockdown are likely to restrain the growth of this market
Testing services are likely to hold the largest share of the medical device testing market, in terms of value, in 2025 and a similar trend is expected to continue until 2025
The medical device testing market for certification services is projected to grow at the highest CAGR during the forecast period. Certification services are required to check whether the medical devices and services have complied with the required standards and regulations.
The market for class II medical devices hold the largest share while Class III will grow at a higher CAGR during the forecast period
There has been a high surge in demand for class III devices since they include life-critical medical devices that are needed in treating COVID-19 patients also these devices have to go through critical testing, inspection, and certification processes.
Asia Pacific: The fastest-growing region in the medical device testing market.
The Asia Pacific region is estimated to dominate the medical device testing market and is projected to grow at the highest CAGR during the forecast period. The market growth in this region can be attributed to the increase in regulatory focus on quality control for manufacturing operations and additional safety, testing, and reporting measures, which require advanced test equipment and instrumentation on-site in manufacturing facilities and laboratories.
Breakdown of Primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type – Tier 1- 52%, Tier 2 - 14% Tier 3 - 34%
- By Designation - C level - 49%, Managers & Other Level - 51%
- By Region - North America - 21%, Europe - 42%, Asia Pacific - 32%
The medical device testing market is dominated by a few globally established players such as SGS (Switzerland), Eurofins Scientific (UK), Bureau Veritas (UK), Intertek (UK), TÜV SÜD (UK), and DEKRA (UK).
Research Coverage:
The report segments the medical device testing market and forecasts its size, service type, sourcing type, device class, technology and region (Asia Pacific, Europe, North America, and RoW).
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the medical device testing market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the medical device testing market and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report would help understand the pre and post-COVID-19 scenarios as to how would the penetration of medical device testing will look like for the forecast period. The region segment includes the country-wise impact analysis of COVID-19 and initiatives taken to overcome these impacts.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Market Segmentation
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Medical Device Testing Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
Figure 3 Market Size Estimation Methodology: Revenue of Market Players
2.2.1 Bottom-Up Approach
Figure 4 Medical Device Testing Market: Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 5 Medical Device Testing Market: Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 6 Data Triangulation
2.4 Research Assumptions
3 Executive Summary
3.1 Impact of COVID-19 on Medical Device Testing Market
Figure 7 Medical Device Testing Market, Pre-COVID-19 Vs. Post-COVID-19 Impact
3.1.1 Pre-COVID-19 Scenario
3.1.2 Post-COVID-19 Scenario
Figure 8 Testing Service Market for Active Implant Medical Device Technology is Expected to Exhibit Highest Growth Rate during Forecast Period
Figure 9 Market for Certification Services to Grow at Highest CAGR during Forecast Period
Figure 10 Class II Medical Devices are Expected to Hold Largest Market Size during Forecast Period
Figure 11 North America Led Medical Device Testing Market in 2019
4 Premium Insights
4.1 Medical Device Testing Market, 2020–2025 (USD Billion)
Figure 12 need for Verification and Validation Processes in Medical Devices is Expected to Drive Market Growth during Forecast Period
4.2 Medical Device Testing Market, by Technology
Figure 13 Ivd Medical Device to Lead Market during Forecast Period
4.3 Medical Device Testing Market, by Device Class
Figure 14 Market for Class III Medical Devices is Expected to Grow at Highest CAGR during Forecast Period
4.4 Medical Device Testing Market, by Sourcing Type
Figure 15 Outsourced Type is Likely to Witness Higher CAGR during Forecast Period
4.5 Medical Device Testing Market, by Region
Figure 16 North America is Expected to Hold Largest Share in 2020
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Medical Device Testing Market Dynamics
5.2.1 Drivers
Figure 18 Medical Device Testing Market: Drivers and their Impact
5.2.1.1 Rising need for more Stringent Regulatory Standards in New Medical Devices
5.2.1.2 Increasing need for Validation and Verification of Medical Devices
5.2.1.3 Imposition of Rigorous Government Regulations
Table 1 Common Framework for Medical Device Regularization
5.2.1.4 Growing Trend of Outsourcing Medical Device Testing Services
5.2.2 Restraints
Figure 19 Medical Device Testing Market: Restraints and their Impact
5.2.2.1 Barriers to Local Development of Medical Devices
5.2.3 Opportunities
Figure 20 Medical Device Testing Market: Opportunities and their Impact
5.2.3.1 Integration of Mobile and Medical Devices
Table 2 List of Standards Related to Wireless Medical Devices
5.2.3.2 Consolidation of Fragmented Market
5.2.3.3 Rapid Advancements in Medical Technologies
5.2.3.4 Development in IoT and AI in Various Medical Devices
5.2.4 Challenges
Figure 21 Medical Device Testing Market: Challenges and their Impact
5.2.4.1 Complex Nature of Global Supply Chains
5.2.4.2 Long Lead Time for Overseas Qualification Tests
6 Industry Trends
6.1 Value Chain Analysis
Figure 22 Value Chain Analysis of Medical Device Testing Ecosystem, 2019
6.1.1 Core Industry Segments for Overall Medical Device Testing Ecosystem
6.1.1.1 TIC Standards and Regulatory Bodies
6.1.1.2 Companies Offering TIC Services
6.1.1.3 Technologies for End-User Applications
6.2 Factor Analysis
Figure 23 Medical Device Market: Forecast for Growth (2016-2020)
6.3 Industry Trends
Figure 24 Commercialization of IoT Technology and Adoption of AI in Healthcare: Leading Trends Among Key Market Players
6.4 Patent Analysis
Table 3 Total Number of Patents Filled and Granted by Major Medical Device Companies (2002–2015)
Figure 25 Typical Product Lifecycle for Medical Device
7 Medical Device Testing Market, by Testing
7.1 Electromagnetic Compatibility
Table 4 Common Standards for Medical Device Regularization in European Nations
7.2 Electrical Safety
7.3 Wireless Connectivity (2G/3G/4G-LTE, Wi-Fi, Bluetooth, and NFC)
Table 5 Common Wireless Standards and Rf Frequencies for Wireless Medical Product Design
7.4 Environmental Testing
7.5 Mechanical Testing
7.6 Chemical, Physical, and Biocompatibility Testing
7.7 Cybersecurity Testing
Table 6 Memoranda of Understanding on Cybersecurity in Medical Devices
8 Medical Device Testing Market, by Service Type
8.1 Introduction
Figure 26 Market for Certification Services to Grow at Highest CAGR during Forecast Period
Table 7 Medical Device Testing Market, by Service Type, 2017–2019 (USD Million)
Table 8 Medical Device Testing Market, by Service Type, 2020–2025 (USD Million)
8.2 Impact of COVID-19 on Medical Device Testing Certification Service Market
Table 9 Medical Device Testing Certification Service Market, 2017–2025 (USD Million)
Figure 27 Medical Device Testing Certification Service Market (2017–2025)
8.3 Testing Services
8.3.1 Testing Services Ensure Products have Met Required Quality, Safety, and Performance Regulatory Standards
Table 10 Medical Device Testing Market for Testing Services, by Technology, 2017–2019 (USD Million)
Table 11 Medical Device Testing Market for Testing Services, by Technology, 2020–2025 (USD Million)
8.4 Inspection Services
8.4.1 Inspection Services in Medical Device Testing Market Involve Examination of Traded Goods and Commodities from Manufacturing to Final Product Storage
Table 12 Medical Device Testing Market for Inspection Services, by Technology, 2017–2019 (USD Million)
Table 13 Medical Device Testing Market for Inspection Services, by Technology, 2020–2025 (USD Million)
8.5 Certification Services
8.5.1 Certifications Ensure that Manufacturers of Medical Products have Followed Standards and Quality and Safety Norms during Production Process
Table 14 Medical Device Testing Market for Certification Services, by Technology, 2017–2019 (USD Million)
Table 15 Medical Device Testing Market for Certification Services, by Technology, 2020–2025 (USD Million)
8.6 Others
Table 16 Medical Device Testing Market for Other Service Types, by Technology, 2017–2019 (USD Million)
Table 17 Medical Device Testing Market for Other Service Types, by Technology, 2020–2025 (USD Million)
9 Medical Device Testing Market, by Sourcing Type
9.1 Introduction
Figure 28 Market for Outsourced Sourcing Type is Expected to Grow at Higher CAGR during Forecast Period
Table 18 Medical Device Testing Market, by Sourcing Type, 2017–2019 (USD Million)
Table 19 Medical Device Testing Market, by Sourcing Type, 2020–2025 (USD Million)
9.2 In-House
9.2.1 In-House Capabilities in Terms of Technology, Test & Measurement Equipment and Skilled Personnel are Required to Perform Medical Device Testing Activities
Table 20 Medical Device Testing Market for In-House Sourcing Type, by Device Class, 2017–2019 (USD Million)
Table 21 Medical Device Testing Market for In-House Sourcing Type, by Device Class, 2020–2025 (USD Million)
9.3 Outsourced
9.3.1 Overall Outsourced Medical Device Testing Market is Highly Fragmented with Large Numbers of Small- and Medium-Sized Players
Table 22 Medical Device Testing Market for Outsourcing Type, by Device Class, 2017–2019 (USD Million)
Table 23 Medical Device Testing Market for Outsourcing Type, by Device Class, 2020–2025 (USD Million)
9.4 Impact of COVID-19 on Outsourcing Services
Table 24 Medical Device Testing Outsourcing Market, 2017–2025 (USD Million)
Figure 29 Medical Device Testing Outsourcing Market (2017–2025) (USD Million)
10 Medical Device Testing Market, by Device Class
10.1 Introduction
10.2 Regional Class Differentiation
10.2.1 US
10.2.1.1 Class I: General Controls
10.2.1.2 Class II: General Controls with Special Controls
10.2.1.3 Class III: General Controls, Special Controls, and Pre-Market Approval
10.2.2 European Union and European Free Trade Association
10.2.3 Canada
10.2.4 Australia
10.3 Class Differentiation Considered in This Study
Figure 30 Class II Medical Devices to Hold Largest Market Size during Forecast Period
Table 25 Medical Device Testing Market, by Device Class, 2017–2019 (USD Million)
Table 26 Medical Device Testing Market, by Device Class, 2020–2025 (USD Million)
10.4 Impact of COVID-19 on Class III Medical Devices
Table 27 Class III Medical Device Testing Market, 2017–2025 (USD Million)
Figure 31 Class III Medical Device Testing Market, 2017–2025 (USD Million)
10.5 Class I
10.5.1 Class I Medical Devices have Minimum Potential to Harm Users
Table 28 Medical Device Testing Market for Class I Devices, by Sourcing Type, 2017–2019 (USD Million)
Table 29 Medical Device Testing Market for Class I Devices, by Sourcing Type, 2020–2025 (USD Million)
10.6 Class II
10.6.1 Class II Medical Devices Must have Special Labelling and should Meet Performance Standards and Post-Market Surveillance Requirements
Table 30 Medical Device Testing Market for Class II Devices, by Sourcing Type, 2017–2019 (USD Million)
Table 31 Medical Device Testing Market for Class II Devices, by Sourcing Type, 2020–2025 (USD Million)
10.7 Class III
10.7.1 Class III Medical Devices Support or Sustain Human Lives
Table 32 Medical Device Testing Market for Class III Devices, by Sourcing Type, 2017–2019 (USD Million)
Table 33 Medical Device Testing Market for Class III Devices, by Sourcing Type, 2020–2025 (USD Million)
11 Medical Device Testing Market, by Technology
11.1 Introduction
Figure 32 Market for Active Implant Medical Device Technology is Expected to Grow at Highest CAGR during Forecast Period
Table 34 Medical Device Testing Market, by Technology, 2017–2019 (USD Million)
Table 35 Medical Device Testing Market, by Technology, 2020–2025 (USD Million)
11.2 Impact of COVID-19 on Active Implant Medical Device Market
Table 36 Active Implant Medical Device Market, 2017–2025 (USD Million)
Figure 33 Active Implant Medical Device Market (2017–2025) (USD Million)
11.3 Active Implant Medical Device
11.3.1 Certification of AImd is Necessary Due to Its Direct Impact on Safety and Health of Personnel
Table 37 Medical Device Testing Market for Active Implant Medical Device, by Service Type, 2017–2019 (USD Million)
Table 38 Medical Device Testing Market for Active Implant Medical Device, by Service Type, 2020–2025 (USD Million)
Table 39 Medical Device Testing Market for Active Implant Medical Device, by Region, 2017–2019 (USD Million)
Table 40 Medical Device Testing Market for Active Implant Medical Device, by Region, 2020–2025 (USD Million)
11.4 Active Medical Device
11.4.1 Active Medical Devices are Considered to be Medium- to High-Risk Medical Devices
Table 41 Medical Device Testing Market for Active Medical Device, by Service Type, 2017–2019 (USD Million)
Table 42 Medical Device Testing Market for Active Medical Device, by Service Type, 2020–2025 (USD Million)
Table 43 Medical Device Testing Market for Active Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 44 Medical Device Testing Market for Active Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 45 Medical Device Testing Market for Active Medical Device, by Region, 2017–2019 (USD Million)
Table 46 Medical Device Testing Market for Active Medical Device, by Region, 2020–2025 (USD Million)
11.5 Non-Active Medical Device
11.5.1 Non-Active Medical Devices Consist of Low-Risk Items
Table 47 Medical Device Testing Market for Non-Active Medical Device, by Service Type, 2017–2019 (USD Million)
Table 48 Medical Device Testing Market for Non-Active Medical Device, by Service Type, 2020–2025 (USD Million)
Table 49 Medical Device Testing Market for Non-Active Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 50 Medical Device Testing Market for Non-Active Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 51 Medical Device Testing Market for Non-Active Medical Device, by Region, 2017–2019 (USD Million)
Table 52 Medical Device Testing Market for Non-Active Medical Device, by Region, 2020–2025 (USD Million)
11.6 In-Vitro Diagnostic Medical Device
11.6.1 Ivd Medical Device Technology Adds Significant Value to Treatment Process and Medical Diagnosis
Table 53 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Service Type, 2017–2019 (USD Million)
Table 54 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Service Type, 2020–2025 (USD Million)
Table 55 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 56 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 57 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Region, 2017–2019 (USD Million)
Table 58 Medical Device Testing Market for In-Vitro Diagnostic Medical Device, by Region, 2020–2025 (USD Million)
11.7 Ophthalmic Medical Device
11.7.1 Market in APAC is Expected to Grow at Highest CAGR for Ophthalmic Medical Devices
Table 59 Medical Device Testing Market for Ophthalmic Medical Device, by Service Type, 2017–2019 (USD Million)
Table 60 Medical Device Testing Market for Ophthalmic Medical Device, by Service Type, 2020–2025 (USD Million)
Table 61 Medical Device Testing Market for Ophthalmic Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 62 Medical Device Testing Market for Ophthalmic Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 63 Medical Device Testing Market for Ophthalmic Medical Device, by Region, 2017–2019 (USD Million)
Table 64 Medical Device Testing Market for Ophthalmic Medical Device, by Region, 2020–2025 (USD Million)
11.8 Orthopedic and Dental Medical Device
11.8.1 Orthopedic and Dental Medical Devices are Trending Toward Low-Cost Implants, Instrumentation, and Delivery Systems
Table 65 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Service Type, 2017–2019 (USD Million)
Table 66 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Service Type, 2020–2025 (USD Million)
Table 67 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 68 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 69 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Region, 2017–2019 (USD Million)
Table 70 Medical Device Testing Market for Orthopedic and Dental Medical Device, by Region, 2020–2025 (USD Million)
11.9 Vascular Medical Device
11.9.1 Certification Service Market for Vascular Medical Devices is Expected to Grow at Highest CAGR during Forecast Period
Table 71 Medical Device Testing Market for Vascular Medical Device, by Service Type, 2017–2019 (USD Million)
Table 72 Medical Device Testing Market for Vascular Medical Device, by Service Type, 2020–2025 (USD Million)
Table 73 Medical Device Testing Market for Vascular Medical Device, by Sourcing Type, 2017–2019 (USD Million)
Table 74 Medical Device Testing Market for Vascular Medical Device, by Sourcing Type, 2020–2025 (USD Million)
Table 75 Medical Device Testing Market for Vascular Medical Device, by Region, 2017–2019 (USD Million)
Table 76 Medical Device Testing Market for Vascular Medical Device, by Region, 2020–2025 (USD Million)
11.10 Other Medical Device Technologies
11.10.1 Mobile Devices
11.10.2 Medical Devices with Ancillary Medicinal Substances
11.10.3 Medical Devices Utilizing Animal Origin
Table 77 Medical Device Testing Market for Other Medical Device Technologies, by Service Type, 2017–2019 (USD Million)
Table 78 Medical Device Testing Market for Other Medical Device Technologies, by Service Type, 2020–2025 (USD Million)
Table 79 Medical Device Testing Market for Other Medical Device Technologies, by Sourcing Type, 2017–2019 (USD Million)
Table 80 Medical Device Testing Market for Other Medical Device Technologies, by Sourcing Type, 2020–2025 (USD Million)
Table 81 Medical Device Testing Market for Other Medical Device Technologies, by Region, 2017–2019 (USD Million)
Table 82 Medical Device Testing Market for Other Medical Device Technologies, by Region, 2020–2025 (USD Million)
12 Geographic Analysis
12.1 Introduction
Figure 34 Geographic Snapshot: Rapidly-Growing Countries Such As India, Mexico, and China are Emerging As Potential New Markets
12.2 Impact of COVID-19 Medical Device Testing Market in APAC
Table 83 Medical Device Testing Market in APAC, 2017–2025 (USD Million)
Figure 35 Medical Device Testing Market in APAC, 2017–2025 (USD Million)
Table 84 Medical Device Testing Market, by Region, 2017–2019 (USD Million)
Table 85 Medical Device Testing Market, by Region, 2020–2025 (USD Million)
12.3 North America
Figure 36 Market Snapshot: North America
Table 86 Medical Device Testing Market in North America, by Country, 2017–2019 (USD Million)
Table 87 Medical Device Testing Market in North America, by Country, 2020–2025 (USD Million)
Table 88 Medical Device Testing Market in North America, by Technology, 2017–2019 (USD Million)
Table 89 Medical Device Testing Market in North America, by Technology, 2020–2025 (USD Million)
Table 90 Medical Device Testing Market in North America, by Sourcing Type, 2017–2019 (USD Million)
Table 91 Medical Device Testing Market in North America, by Sourcing Type, 2020–2025 (USD Million)
12.3.1 US
12.3.1.1 US is World Leader in Medical Devices in Terms of Awareness Among Users About Safety and Security of Medical Devices
Table 92 Medical Device Testing Market in US, by Sourcing Type, 2017–2019 (USD Million)
Table 93 Medical Device Testing Market in US, by Sourcing Type, 2020–2025 (USD Million)
12.3.2 Canada
12.3.2.1 Canada is Actively Involved in Setting Up Medical Device Regulations
Table 94 Medical Device Testing Market in Canada, by Sourcing Type, 2017–2019 (USD Million)
Table 95 Medical Device Testing Market in Canada, by Sourcing Type, 2020–2025 (USD Million)
12.3.3 Mexico
12.3.3.1 Mexico is Among Largest Medical Device Importers Globally
Table 96 Medical Device Testing Market in Mexico, by Sourcing Type, 2017–2019 (USD Million)
Table 97 Medical Device Testing Market in Mexico, by Sourcing Type, 2020–2025 (USD Million)
12.4 Europe
Figure 37 Market Snapshot: Europe
Table 98 Medical Device Testing Market in Europe, by Country, 2017–2019 (USD Million)
Table 99 Medical Device Testing Market in Europe, by Country, 2020–2025 (USD Million)
Table 100 Medical Device Testing Market in Europe, by Technology, 2017–2019 (USD Million)
Table 101 Medical Device Testing Market in Europe, by Technology, 2020–2025 (USD Million)
Table 102 Medical Device Testing Market in Europe, by Sourcing Type, 2017–2019 (USD Million)
Table 103 Medical Device Testing Market in Europe, by Sourcing Type, 2020–2025 (USD Million)
12.4.1 UK
12.4.1.1 Medical Device Testing Market in UK is Primarily Driven by Enforcement of Regulatory and Industry Standards
Table 104 Medical Device Testing Market in UK, by Sourcing Type, 2017–2019 (USD Million)
Table 105 Medical Device Testing Market in UK, by Sourcing Type, 2020–2025 (USD Million)
12.4.2 Germany
12.4.2.1 Germany Has Worldwide Strong Position in Terms of Medical Devices
Table 106 Medical Device Testing Market in Germany, by Sourcing Type, 2017–2019 (USD Million)
Table 107 Medical Device Testing Market in Germany, by Sourcing Type, 2020–2025 (USD Million)
12.4.3 France
12.4.3.1 France Has Significant Demand for Medical Devices
Table 108 Medical Device Testing Market in France, by Sourcing Type, 2017–2019 (USD Million)
Table 109 Medical Device Testing Market in France, by Sourcing Type, 2020–2025 (USD Million)
12.4.4 Italy
12.4.4.1 Medical Device Industry in Italy Has Witnessed Significant Growth in Past Few Years
Table 110 Medical Device Testing Market in Italy, by Sourcing Type, 2017–2019 (USD Million)
Table 111 Medical Device Testing Market in Italy, by Sourcing Type, 2020–2025 (USD Million)
12.4.5 Spain
12.4.5.1 Medical Devices are Regulated by Spanish Agency of Medicines and Health Products
Table 112 Medical Device Testing Market in Spain, by Sourcing Type, 2017–2019 (USD Million)
Table 113 Medical Device Testing Market in Spain, by Sourcing Type, 2020–2025 (USD Million)
12.4.6 Rest of Europe
Table 114 Medical Device Testing Market in Rest of Europe, by Sourcing Type, 2017–2019 (USD Million)
Table 115 Medical Device Testing Market in Rest of Europe, by Sourcing Type, 2020–2025 (USD Million)
12.5 APAC
Figure 38 Market Snapshot: APAC
Table 116 Medical Device Testing Market in APAC, by Country, 2017–2019 (USD Million)
Table 117 Medical Device Testing Market in APAC, by Country, 2020–2025 (USD Million)
Table 118 Medical Device Testing Market in APAC, by Technology, 2017-2019 (USD Million)
Table 119 Medical Device Testing Market in APAC, by Technology, 2020–2025 (USD Million)
Table 120 Medical Device Testing Market in APAC, by Sourcing Type, 2017–2019 (USD Million)
Table 121 Medical Device Testing Market in APAC, by Sourcing Type, 2020–2025 (USD Million)
12.5.1 China
12.5.1.1 Market in China Has Grown in Past Few Years and is Likely to Witness Uptrend in Future
Table 122 Medical Device Testing Market in China, by Sourcing Type, 2017–2019 (USD Million)
Table 123 Medical Device Testing Market in China, by Sourcing Type, 2020–2025 (USD Million)
12.5.2 Japan
12.5.2.1 Japan Has Significant Demand for TIC Services to help Comply with International Standards
Table 124 Medical Device Testing Market in Japan, by Sourcing Type, 2017–2019 (USD Million)
Table 125 Medical Device Testing Market in Japan, by Sourcing Type, 2020–2025 (USD Million)
12.5.3 India
12.5.3.1 Medical Device Testing Market in India Has Witnessed Major Investments from Global Medical Device Testing Market Players
Table 126 Medical Device Testing Market in India, by Sourcing Type, 2017–2019 (USD Million)
Table 127 Medical Device Testing Market in India, by Sourcing Type, 2020–2025 (USD Million)
12.5.4 South Korea
12.5.4.1 South Korea is Dynamic Market that is Heavily Reliant on Medical Device Imports
Table 128 Medical Device Testing Market in South Korea, by Sourcing Type, 2017–2019 (USD Million)
Table 129 Medical Device Testing Market in South Korea, by Sourcing Type, 2020–2025 (USD Million)
12.5.5 Australia
12.5.5.1 Australian Government is Improving Its Trade Policies to Encourage Exports
Table 130 Medical Device Testing Market in Australia, by Sourcing Type, 2017–2019 (USD Million)
Table 131 Medical Device Testing Market in Australia, by Sourcing Type, 2020–2025 (USD Million)
12.5.6 Rest of APAC
Table 132 Medical Device Testing Market in Rest of APAC, by Sourcing Type, 2017–2019 (USD Million)
Table 133 Medical Device Testing Market in Rest of APAC, by Sourcing Type, 2020–2025 (USD Million)
12.6 RoW
Table 134 Medical Device Testing Market in RoW, by Region, 2017–2019 (USD Million)
Table 135 Medical Device Testing Market in RoW, by Region, 2020–2025 (USD Million)
Table 136 Medical Device Testing Market in RoW, by Technology, 2017–2019 (USD Million)
Table 137 Medical Device Testing Market in RoW, by Technology, 2020–2025 (USD Million)
Table 138 Medical Device Testing Market in RoW, by Sourcing Type, 2017–2019 (USD Million)
Table 139 Medical Device Testing Market in RoW, by Sourcing Type, 2020–2025 (USD Million)
12.6.1 South America
12.6.1.1 Brazil is Largest Market for Medical Devices in South America
Table 140 Medical Device Testing Market in South America, by Sourcing Type, 2017–2019 (USD Million)
Table 141 Medical Device Testing Market in South America, by Sourcing Type, 2020–2025 (USD Million)
12.6.2 Middle East and Africa
12.6.2.1 Medical Device Testing Market in Africa is Mainly Led by South Africa, Which Has Recorded Significant Developments in Medical Device Sector
Table 142 Medical Device Testing Market in Middle East and Africa, by Sourcing Type, 2017–2019 (USD Million)
Table 143 Medical Device Testing Market in Middle East and Africa, by Sourcing Type, 2020–2025 (USD Million)
13 Competitive Landscape
13.1 Overview
Figure 39 Companies Adopted Product Developments As Key Growth Strategy from 2017 to Mid-2020
13.2 Key Players in Medical Device Testing Market
Figure 40 Top 5 Players’ Shares in Medical Device Testing Market, 2019
13.3 Competitive Leadership Mapping
13.3.1 Visionary Leaders
13.3.2 Innovators
13.3.3 Dynamic Differentiators
13.3.4 Emerging Companies
Figure 41 Medical Device Testing Market (Global) Competitive Leadership Mapping, 2019
13.4 Competitive Scenario
Figure 42 Market Evolution Framework: New Standard and Certification is Major Strategy Adopted by Key Players
13.5 Developments
13.5.1 New Standards and Certification Developments
Table 144 New Standards and Certification Developments (Mid-2020)
13.5.2 Expansions and Service Expansions
Table 145 Expansions and Service Expansions (Mid-2020)
13.5.3 Mergers and Acquisitions
Table 146 Mergers and Acquisitions (2017–Mid-2020)
14 Company Profiles
(Business Overview, Services Offered, Recent Developments, SWOT Analysis, and Publisher View)*
14.1 Key Players
14.1.1 SGS
Figure 43 SGS: Company Snapshot
14.1.2 Eurofins Scientific
Figure 44 Eurofins Scientific: Company Snapshot
14.1.3 Bureau Veritas
Figure 45 Bureau Veritas: Company Snapshot
14.1.4 Intertek
Figure 46 Intertek: Company Snapshot
14.1.5 Tüv Süd
Figure 47 Tüv Süd: Company Snapshot
14.1.6 Dekra
Figure 48 Dekra: Company Snapshot
14.1.7 BSI
Figure 49 BSI: Company Snapshot
14.1.8 Tüv Rheinland
Figure 50 Tüv Rheinland: Company Snapshot
14.1.9 UL
14.1.10 ASTM
Figure 51 ASTM: Company Snapshot
14.2 Right-To-Win
14.3 Start-Up Ecosystem
14.3.1 Element Material Technology (Exova)
14.3.2 Envigo
14.3.3 Avomeen Analytical Services
14.3.4 Gateway Analytical
14.3.5 Medistri SA
14.4 Other Key Players
14.4.1 North American Science Associates (Namsa)
14.4.2 Pace Analytical Services
14.4.3 Wuxi Apptec
14.4.4 Toxikon
14.4.5 Charles River Laboratories
14.4.6 Medical Device Testing Services
14.4.7 Source Bioscience
14.4.8 NSF International
14.4.9 BDC Laboratories
14.4.10 Surpass
*Details on Business Overview, Services Offered, Recent Developments, SWOT Analysis, and Publisher View Might Not be Captured in Case of Unlisted Companies.
15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details
Executive Summary
Companies Mentioned
- ASTM
- Avomeen Analytical Services
- BDC Laboratories
- BSI
- Bureau Veritas
- Charles River Laboratories
- Dekra
- Element Material Technology (Exova)
- Envigo
- Eurofins Scientific
- Gateway Analytical
- Intertek
- Medical Device Testing Services
- Medistri SA
- North American Science Associates (Namsa)
- NSF International
- Pace Analytical Services
- SGS
- Source Bioscience
- Surpass
- Toxikon
- Tüv Rheinland
- Tüv Süd
- UL
- Wuxi Apptec
Methodology
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