The global Medical Device Safety Testing market size was valued at USD 9775 million in 2023 and is forecast to a readjusted size of USD 17750 million by 2030 with a CAGR of 8.9% during review period.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report includes an overview of the development of the Medical Device Safety Testing industry chain, the market status of Medical Diagnostic Device (Performance Testing, Materials Testing), Medical Monitoring Device (Performance Testing, Materials Testing), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Medical Device Safety Testing.
Regionally, the report analyzes the Medical Device Safety Testing markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Medical Device Safety Testing market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Medical Device Safety Testing market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Medical Device Safety Testing industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Performance Testing, Materials Testing).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Medical Device Safety Testing market.
Regional Analysis: The report involves examining the Medical Device Safety Testing market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Medical Device Safety Testing market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Medical Device Safety Testing:
Company Analysis: Report covers individual Medical Device Safety Testing players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Medical Device Safety Testing This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Medical Diagnostic Device, Medical Monitoring Device).
Technology Analysis: Report covers specific technologies relevant to Medical Device Safety Testing. It assesses the current state, advancements, and potential future developments in Medical Device Safety Testing areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Medical Device Safety Testing market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Medical Device Safety Testing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Performance Testing
Materials Testing
Biocompatibility Testing
Market segment by Application
Medical Diagnostic Device
Medical Monitoring Device
Medical Auxiliary Device
Others
Market segment by players, this report covers
Eurofins
Element
SGS
Rigel Medical
TUV SUD
Bureau Veritas
Intertek
UL
Fluke Biomedical
Chroma Systems Solutions
Cranage EMC and Safety
Nemko
Bender
Product Safety Labs
I3CGLOBAL
MED Institute
Medical Engineering Technologies
Charles River Laboratories
NAMSA
NTS Inc
DEKRA Certification
F2 Labs
JPen Medical
Washington Laboratories
ERD Medical Equipment Solutions
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Medical Device Safety Testing product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Medical Device Safety Testing, with revenue, gross margin and global market share of Medical Device Safety Testing from 2019 to 2024.
Chapter 3, the Medical Device Safety Testing competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Medical Device Safety Testing market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Medical Device Safety Testing.
Chapter 13, to describe Medical Device Safety Testing research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of Medical Device Safety Testing
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Medical Device Safety Testing by Type
1.3.1 Overview: Global Medical Device Safety Testing Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Medical Device Safety Testing Consumption Value Market Share by Type in 2023
1.3.3 Performance Testing
1.3.4 Materials Testing
1.3.5 Biocompatibility Testing
1.4 Global Medical Device Safety Testing Market by Application
1.4.1 Overview: Global Medical Device Safety Testing Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Medical Diagnostic Device
1.4.3 Medical Monitoring Device
1.4.4 Medical Auxiliary Device
1.4.5 Others
1.5 Global Medical Device Safety Testing Market Size & Forecast
1.6 Global Medical Device Safety Testing Market Size and Forecast by Region
1.6.1 Global Medical Device Safety Testing Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Medical Device Safety Testing Market Size by Region, (2019-2030)
1.6.3 North America Medical Device Safety Testing Market Size and Prospect (2019-2030)
1.6.4 Europe Medical Device Safety Testing Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Medical Device Safety Testing Market Size and Prospect (2019-2030)
1.6.6 South America Medical Device Safety Testing Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Medical Device Safety Testing Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Eurofins
2.1.1 Eurofins Details
2.1.2 Eurofins Major Business
2.1.3 Eurofins Medical Device Safety Testing Product and Solutions
2.1.4 Eurofins Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Eurofins Recent Developments and Future Plans
2.2 Element
2.2.1 Element Details
2.2.2 Element Major Business
2.2.3 Element Medical Device Safety Testing Product and Solutions
2.2.4 Element Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Element Recent Developments and Future Plans
2.3 SGS
2.3.1 SGS Details
2.3.2 SGS Major Business
2.3.3 SGS Medical Device Safety Testing Product and Solutions
2.3.4 SGS Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 SGS Recent Developments and Future Plans
2.4 Rigel Medical
2.4.1 Rigel Medical Details
2.4.2 Rigel Medical Major Business
2.4.3 Rigel Medical Medical Device Safety Testing Product and Solutions
2.4.4 Rigel Medical Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Rigel Medical Recent Developments and Future Plans
2.5 TUV SUD
2.5.1 TUV SUD Details
2.5.2 TUV SUD Major Business
2.5.3 TUV SUD Medical Device Safety Testing Product and Solutions
2.5.4 TUV SUD Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 TUV SUD Recent Developments and Future Plans
2.6 Bureau Veritas
2.6.1 Bureau Veritas Details
2.6.2 Bureau Veritas Major Business
2.6.3 Bureau Veritas Medical Device Safety Testing Product and Solutions
2.6.4 Bureau Veritas Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Bureau Veritas Recent Developments and Future Plans
2.7 Intertek
2.7.1 Intertek Details
2.7.2 Intertek Major Business
2.7.3 Intertek Medical Device Safety Testing Product and Solutions
2.7.4 Intertek Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Intertek Recent Developments and Future Plans
2.8 UL
2.8.1 UL Details
2.8.2 UL Major Business
2.8.3 UL Medical Device Safety Testing Product and Solutions
2.8.4 UL Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 UL Recent Developments and Future Plans
2.9 Fluke Biomedical
2.9.1 Fluke Biomedical Details
2.9.2 Fluke Biomedical Major Business
2.9.3 Fluke Biomedical Medical Device Safety Testing Product and Solutions
2.9.4 Fluke Biomedical Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Fluke Biomedical Recent Developments and Future Plans
2.10 Chroma Systems Solutions
2.10.1 Chroma Systems Solutions Details
2.10.2 Chroma Systems Solutions Major Business
2.10.3 Chroma Systems Solutions Medical Device Safety Testing Product and Solutions
2.10.4 Chroma Systems Solutions Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Chroma Systems Solutions Recent Developments and Future Plans
2.11 Cranage EMC and Safety
2.11.1 Cranage EMC and Safety Details
2.11.2 Cranage EMC and Safety Major Business
2.11.3 Cranage EMC and Safety Medical Device Safety Testing Product and Solutions
2.11.4 Cranage EMC and Safety Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Cranage EMC and Safety Recent Developments and Future Plans
2.12 Nemko
2.12.1 Nemko Details
2.12.2 Nemko Major Business
2.12.3 Nemko Medical Device Safety Testing Product and Solutions
2.12.4 Nemko Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Nemko Recent Developments and Future Plans
2.13 Bender
2.13.1 Bender Details
2.13.2 Bender Major Business
2.13.3 Bender Medical Device Safety Testing Product and Solutions
2.13.4 Bender Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Bender Recent Developments and Future Plans
2.14 Product Safety Labs
2.14.1 Product Safety Labs Details
2.14.2 Product Safety Labs Major Business
2.14.3 Product Safety Labs Medical Device Safety Testing Product and Solutions
2.14.4 Product Safety Labs Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Product Safety Labs Recent Developments and Future Plans
2.15 I3CGLOBAL
2.15.1 I3CGLOBAL Details
2.15.2 I3CGLOBAL Major Business
2.15.3 I3CGLOBAL Medical Device Safety Testing Product and Solutions
2.15.4 I3CGLOBAL Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 I3CGLOBAL Recent Developments and Future Plans
2.16 MED Institute
2.16.1 MED Institute Details
2.16.2 MED Institute Major Business
2.16.3 MED Institute Medical Device Safety Testing Product and Solutions
2.16.4 MED Institute Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 MED Institute Recent Developments and Future Plans
2.17 Medical Engineering Technologies
2.17.1 Medical Engineering Technologies Details
2.17.2 Medical Engineering Technologies Major Business
2.17.3 Medical Engineering Technologies Medical Device Safety Testing Product and Solutions
2.17.4 Medical Engineering Technologies Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 Medical Engineering Technologies Recent Developments and Future Plans
2.18 Charles River Laboratories
2.18.1 Charles River Laboratories Details
2.18.2 Charles River Laboratories Major Business
2.18.3 Charles River Laboratories Medical Device Safety Testing Product and Solutions
2.18.4 Charles River Laboratories Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Charles River Laboratories Recent Developments and Future Plans
2.19 NAMSA
2.19.1 NAMSA Details
2.19.2 NAMSA Major Business
2.19.3 NAMSA Medical Device Safety Testing Product and Solutions
2.19.4 NAMSA Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.19.5 NAMSA Recent Developments and Future Plans
2.20 NTS Inc
2.20.1 NTS Inc Details
2.20.2 NTS Inc Major Business
2.20.3 NTS Inc Medical Device Safety Testing Product and Solutions
2.20.4 NTS Inc Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.20.5 NTS Inc Recent Developments and Future Plans
2.21 DEKRA Certification
2.21.1 DEKRA Certification Details
2.21.2 DEKRA Certification Major Business
2.21.3 DEKRA Certification Medical Device Safety Testing Product and Solutions
2.21.4 DEKRA Certification Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.21.5 DEKRA Certification Recent Developments and Future Plans
2.22 F2 Labs
2.22.1 F2 Labs Details
2.22.2 F2 Labs Major Business
2.22.3 F2 Labs Medical Device Safety Testing Product and Solutions
2.22.4 F2 Labs Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.22.5 F2 Labs Recent Developments and Future Plans
2.23 JPen Medical
2.23.1 JPen Medical Details
2.23.2 JPen Medical Major Business
2.23.3 JPen Medical Medical Device Safety Testing Product and Solutions
2.23.4 JPen Medical Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.23.5 JPen Medical Recent Developments and Future Plans
2.24 Washington Laboratories
2.24.1 Washington Laboratories Details
2.24.2 Washington Laboratories Major Business
2.24.3 Washington Laboratories Medical Device Safety Testing Product and Solutions
2.24.4 Washington Laboratories Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.24.5 Washington Laboratories Recent Developments and Future Plans
2.25 ERD Medical Equipment Solutions
2.25.1 ERD Medical Equipment Solutions Details
2.25.2 ERD Medical Equipment Solutions Major Business
2.25.3 ERD Medical Equipment Solutions Medical Device Safety Testing Product and Solutions
2.25.4 ERD Medical Equipment Solutions Medical Device Safety Testing Revenue, Gross Margin and Market Share (2019-2024)
2.25.5 ERD Medical Equipment Solutions Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Medical Device Safety Testing Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Medical Device Safety Testing by Company Revenue
3.2.2 Top 3 Medical Device Safety Testing Players Market Share in 2023
3.2.3 Top 6 Medical Device Safety Testing Players Market Share in 2023
3.3 Medical Device Safety Testing Market: Overall Company Footprint Analysis
3.3.1 Medical Device Safety Testing Market: Region Footprint
3.3.2 Medical Device Safety Testing Market: Company Product Type Footprint
3.3.3 Medical Device Safety Testing Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Medical Device Safety Testing Consumption Value and Market Share by Type (2019-2024)
4.2 Global Medical Device Safety Testing Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Medical Device Safety Testing Consumption Value Market Share by Application (2019-2024)
5.2 Global Medical Device Safety Testing Market Forecast by Application (2025-2030)
6 North America
6.1 North America Medical Device Safety Testing Consumption Value by Type (2019-2030)
6.2 North America Medical Device Safety Testing Consumption Value by Application (2019-2030)
6.3 North America Medical Device Safety Testing Market Size by Country
6.3.1 North America Medical Device Safety Testing Consumption Value by Country (2019-2030)
6.3.2 United States Medical Device Safety Testing Market Size and Forecast (2019-2030)
6.3.3 Canada Medical Device Safety Testing Market Size and Forecast (2019-2030)
6.3.4 Mexico Medical Device Safety Testing Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Medical Device Safety Testing Consumption Value by Type (2019-2030)
7.2 Europe Medical Device Safety Testing Consumption Value by Application (2019-2030)
7.3 Europe Medical Device Safety Testing Market Size by Country
7.3.1 Europe Medical Device Safety Testing Consumption Value by Country (2019-2030)
7.3.2 Germany Medical Device Safety Testing Market Size and Forecast (2019-2030)
7.3.3 France Medical Device Safety Testing Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Medical Device Safety Testing Market Size and Forecast (2019-2030)
7.3.5 Russia Medical Device Safety Testing Market Size and Forecast (2019-2030)
7.3.6 Italy Medical Device Safety Testing Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Medical Device Safety Testing Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Medical Device Safety Testing Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Medical Device Safety Testing Market Size by Region
8.3.1 Asia-Pacific Medical Device Safety Testing Consumption Value by Region (2019-2030)
8.3.2 China Medical Device Safety Testing Market Size and Forecast (2019-2030)
8.3.3 Japan Medical Device Safety Testing Market Size and Forecast (2019-2030)
8.3.4 South Korea Medical Device Safety Testing Market Size and Forecast (2019-2030)
8.3.5 India Medical Device Safety Testing Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Medical Device Safety Testing Market Size and Forecast (2019-2030)
8.3.7 Australia Medical Device Safety Testing Market Size and Forecast (2019-2030)
9 South America
9.1 South America Medical Device Safety Testing Consumption Value by Type (2019-2030)
9.2 South America Medical Device Safety Testing Consumption Value by Application (2019-2030)
9.3 South America Medical Device Safety Testing Market Size by Country
9.3.1 South America Medical Device Safety Testing Consumption Value by Country (2019-2030)
9.3.2 Brazil Medical Device Safety Testing Market Size and Forecast (2019-2030)
9.3.3 Argentina Medical Device Safety Testing Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Medical Device Safety Testing Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Medical Device Safety Testing Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Medical Device Safety Testing Market Size by Country
10.3.1 Middle East & Africa Medical Device Safety Testing Consumption Value by Country (2019-2030)
10.3.2 Turkey Medical Device Safety Testing Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Medical Device Safety Testing Market Size and Forecast (2019-2030)
10.3.4 UAE Medical Device Safety Testing Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Medical Device Safety Testing Market Drivers
11.2 Medical Device Safety Testing Market Restraints
11.3 Medical Device Safety Testing Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Medical Device Safety Testing Industry Chain
12.2 Medical Device Safety Testing Upstream Analysis
12.3 Medical Device Safety Testing Midstream Analysis
12.4 Medical Device Safety Testing Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Eurofins
Element
SGS
Rigel Medical
TUV SUD
Bureau Veritas
Intertek
UL
Fluke Biomedical
Chroma Systems Solutions
Cranage EMC and Safety
Nemko
Bender
Product Safety Labs
I3CGLOBAL
MED Institute
Medical Engineering Technologies
Charles River Laboratories
NAMSA
NTS Inc
DEKRA Certification
F2 Labs
JPen Medical
Washington Laboratories
ERD Medical Equipment Solutions
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听
*If Applicable.