The global medical device testing market is observing numerous development with the high adoption of advanced technologies, such as the IoT and AI.

Description 

Medical Device Testing Market: By Service Type (Testing Service, Certification Service, and Testing Service), By Sourcing Type (Outsourced, and In-House), By Technology (Active Medical Device, Vascular Medical Device, Non-Active Medical Device, Orthopedic Medical Device, In-Vitro Diagnostic Medical Device, and Others) , and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)

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The medical device testing market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The study of the report will outlook one of the most exhaustive analysis of the market, capturing all the aspects of the medical device testing market.

Medical Device Testing Industry Introduction

Medical device testing is the process of quality checks of medical devices, in which both hardware and software linked with the medical device is checked under medical device testing. The process includes R&D testing, factory testing, and certificate testing of medical devices. Testing comprises validation and verification of medical devices for its safe handling at the later stage. While the promotion of standards and control of medical devices are necessary, stringent laws, especially to the domestic context, can act as a barrier to local innovation of medical devices in the upcoming years. 

Medical Device Testing Market Dynamics

The global medical device testing market is primarily driven by the rising trend of outsourcing medical device testing, the growing need for verification and validation of medical devices, and the enforcement of government laws for medical devices. The global medical device testing market is observing numerous development with the high adoption of advanced technologies, such as the IoT and AI in various medical devices is the opportunity that will boost the growth of the market over the forecast period. Moreover, in the era of globalization, where countries depend on one another and engage in mutual trading and exchange of services and goods, the import and export of products are impacted by the time-consuming process of overseas qualification tests is the major challenge for the medical device testing market. 

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Moreover, the outbreak of the COVID-19 pandemic has positively impacted the global medical device testing sector. The demand for medical device testing is always on the rise as this testing plays an important role in eliminating unsafe medical devices and protecting consumers from poor quality. The pandemic has raised the demand for the medical device testing industry. For illustration, the outbreak of the coronavirus pandemic has led to the raised demand for hygienic masks and started remote inspection of medical devices to maintain continuity of health and safety compliance and avoid any physical contact. 

Medical Device Testing Market: Regional Outlook

The global medical device testing market is geographically segmented into North America, Asia Pacific, Europe, South America, and Middle East & Africa (MEA). The Asia Pacific is predicted to dominate the global medical device testing market and is anticipated to maintain continuity of its dominance over the forecast period. This growth is attributed to the growing awareness regarding the importance of certification of medical testing devices, increasing need for long-term therapy by patients, and huge investment by contract research organizations, owing to easy availability and lower cost of skilled labor. Moreover, Europe contributes a considerable share in the global medical device testing market, backed by the presence of some of the key market players, such as Eurofins Scientific and SGS SA.

Medical Device Testing Market: Competitive Landscape 

The leading manufacturers of medical device testing in the global market include Intertek Group plc, SGS SA, BSI Group, Eurofins Scientific, and Toxikon, Inc. 

Other medical device testing manufacturers include North America Science Association, Inc., American Preclinical Services LLC, Sterigenics International LLC, Pace Analytical Services, Charles River Laboratories International, Inc., Wuxi AppTech Group, Element Materials Technology, Dekra, ASTM, and BDC Laboratories. 

• In June 2020, Intertek declared the expansion of its protective device services to embrace the pre-certification testing of N95 respirators to requirements set by the National Institute for Occupational Safety and Health (NIOSH). With these latest services, Intertek diversified its resources and solutions to support consumers and the global community during the COVID-19 pandemic. 
• In October 2019, TUV SUD signed an MoU with the NUS Centre for Additive Manufacturing (AM.NUS) at the National University of Singapore (NUS) to boost R&D activities in the field of 3D printed biomedical implants for clinical trials. 
• In May 2019, Intertek declared the diversification of its pharmaceutical services laboratory in Melbourne, near Cambridge, through the acquisition of a new 20,000 sq. ft. facility, which will double the footprint of the existing laboratory.

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