The global market for Medical Device Safety Testing was valued at US$ 11190 million in the year 2024 and is projected to reach a revised size of US$ 20680 million by 2031, growing at a CAGR of 9.3% during the forecast 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.
This report aims to provide a comprehensive presentation of the global market for Medical Device Safety Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Device Safety Testing.
The Medical Device Safety Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Medical Device Safety Testing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Device Safety Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Performance Testing
Materials Testing
Biocompatibility Testing
Segment by Application
Medical Diagnostic Device
Medical Monitoring Device
Medical Auxiliary Device
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Device Safety Testing company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Device Safety Testing Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Performance Testing
1.2.3 Materials Testing
1.2.4 Biocompatibility Testing
1.3 Market by Application
1.3.1 Global Medical Device Safety Testing Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Medical Diagnostic Device
1.3.3 Medical Monitoring Device
1.3.4 Medical Auxiliary Device
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Device Safety Testing Market Perspective (2020-2031)
2.2 Global Medical Device Safety Testing Growth Trends by Region
2.2.1 Global Medical Device Safety Testing Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Medical Device Safety Testing Historic Market Size by Region (2020-2025)
2.2.3 Medical Device Safety Testing Forecasted Market Size by Region (2026-2031)
2.3 Medical Device Safety Testing Market Dynamics
2.3.1 Medical Device Safety Testing Industry Trends
2.3.2 Medical Device Safety Testing Market Drivers
2.3.3 Medical Device Safety Testing Market Challenges
2.3.4 Medical Device Safety Testing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medical Device Safety Testing Players by Revenue
3.1.1 Global Top Medical Device Safety Testing Players by Revenue (2020-2025)
3.1.2 Global Medical Device Safety Testing Revenue Market Share by Players (2020-2025)
3.2 Global Medical Device Safety Testing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Medical Device Safety Testing Revenue
3.4 Global Medical Device Safety Testing Market Concentration Ratio
3.4.1 Global Medical Device Safety Testing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Device Safety Testing Revenue in 2024
3.5 Global Key Players of Medical Device Safety Testing Head office and Area Served
3.6 Global Key Players of Medical Device Safety Testing, Product and Application
3.7 Global Key Players of Medical Device Safety Testing, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Device Safety Testing Breakdown Data by Type
4.1 Global Medical Device Safety Testing Historic Market Size by Type (2020-2025)
4.2 Global Medical Device Safety Testing Forecasted Market Size by Type (2026-2031)
5 Medical Device Safety Testing Breakdown Data by Application
5.1 Global Medical Device Safety Testing Historic Market Size by Application (2020-2025)
5.2 Global Medical Device Safety Testing Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Medical Device Safety Testing Market Size (2020-2031)
6.2 North America Medical Device Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Medical Device Safety Testing Market Size by Country (2020-2025)
6.4 North America Medical Device Safety Testing Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medical Device Safety Testing Market Size (2020-2031)
7.2 Europe Medical Device Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Medical Device Safety Testing Market Size by Country (2020-2025)
7.4 Europe Medical Device Safety Testing Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medical Device Safety Testing Market Size (2020-2031)
8.2 Asia-Pacific Medical Device Safety Testing Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Medical Device Safety Testing Market Size by Region (2020-2025)
8.4 Asia-Pacific Medical Device Safety Testing Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medical Device Safety Testing Market Size (2020-2031)
9.2 Latin America Medical Device Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Medical Device Safety Testing Market Size by Country (2020-2025)
9.4 Latin America Medical Device Safety Testing Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medical Device Safety Testing Market Size (2020-2031)
10.2 Middle East & Africa Medical Device Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Medical Device Safety Testing Market Size by Country (2020-2025)
10.4 Middle East & Africa Medical Device Safety Testing Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Eurofins
11.1.1 Eurofins Company Details
11.1.2 Eurofins Business Overview
11.1.3 Eurofins Medical Device Safety Testing Introduction
11.1.4 Eurofins Revenue in Medical Device Safety Testing Business (2020-2025)
11.1.5 Eurofins Recent Development
11.2 Element
11.2.1 Element Company Details
11.2.2 Element Business Overview
11.2.3 Element Medical Device Safety Testing Introduction
11.2.4 Element Revenue in Medical Device Safety Testing Business (2020-2025)
11.2.5 Element Recent Development
11.3 SGS
11.3.1 SGS Company Details
11.3.2 SGS Business Overview
11.3.3 SGS Medical Device Safety Testing Introduction
11.3.4 SGS Revenue in Medical Device Safety Testing Business (2020-2025)
11.3.5 SGS Recent Development
11.4 Rigel Medical
11.4.1 Rigel Medical Company Details
11.4.2 Rigel Medical Business Overview
11.4.3 Rigel Medical Medical Device Safety Testing Introduction
11.4.4 Rigel Medical Revenue in Medical Device Safety Testing Business (2020-2025)
11.4.5 Rigel Medical Recent Development
11.5 TUV SUD
11.5.1 TUV SUD Company Details
11.5.2 TUV SUD Business Overview
11.5.3 TUV SUD Medical Device Safety Testing Introduction
11.5.4 TUV SUD Revenue in Medical Device Safety Testing Business (2020-2025)
11.5.5 TUV SUD Recent Development
11.6 Bureau Veritas
11.6.1 Bureau Veritas Company Details
11.6.2 Bureau Veritas Business Overview
11.6.3 Bureau Veritas Medical Device Safety Testing Introduction
11.6.4 Bureau Veritas Revenue in Medical Device Safety Testing Business (2020-2025)
11.6.5 Bureau Veritas Recent Development
11.7 Intertek
11.7.1 Intertek Company Details
11.7.2 Intertek Business Overview
11.7.3 Intertek Medical Device Safety Testing Introduction
11.7.4 Intertek Revenue in Medical Device Safety Testing Business (2020-2025)
11.7.5 Intertek Recent Development
11.8 UL
11.8.1 UL Company Details
11.8.2 UL Business Overview
11.8.3 UL Medical Device Safety Testing Introduction
11.8.4 UL Revenue in Medical Device Safety Testing Business (2020-2025)
11.8.5 UL Recent Development
11.9 Fluke Biomedical
11.9.1 Fluke Biomedical Company Details
11.9.2 Fluke Biomedical Business Overview
11.9.3 Fluke Biomedical Medical Device Safety Testing Introduction
11.9.4 Fluke Biomedical Revenue in Medical Device Safety Testing Business (2020-2025)
11.9.5 Fluke Biomedical Recent Development
11.10 Chroma Systems Solutions
11.10.1 Chroma Systems Solutions Company Details
11.10.2 Chroma Systems Solutions Business Overview
11.10.3 Chroma Systems Solutions Medical Device Safety Testing Introduction
11.10.4 Chroma Systems Solutions Revenue in Medical Device Safety Testing Business (2020-2025)
11.10.5 Chroma Systems Solutions Recent Development
11.11 Cranage EMC and Safety
11.11.1 Cranage EMC and Safety Company Details
11.11.2 Cranage EMC and Safety Business Overview
11.11.3 Cranage EMC and Safety Medical Device Safety Testing Introduction
11.11.4 Cranage EMC and Safety Revenue in Medical Device Safety Testing Business (2020-2025)
11.11.5 Cranage EMC and Safety Recent Development
11.12 Nemko
11.12.1 Nemko Company Details
11.12.2 Nemko Business Overview
11.12.3 Nemko Medical Device Safety Testing Introduction
11.12.4 Nemko Revenue in Medical Device Safety Testing Business (2020-2025)
11.12.5 Nemko Recent Development
11.13 Bender
11.13.1 Bender Company Details
11.13.2 Bender Business Overview
11.13.3 Bender Medical Device Safety Testing Introduction
11.13.4 Bender Revenue in Medical Device Safety Testing Business (2020-2025)
11.13.5 Bender Recent Development
11.14 Product Safety Labs
11.14.1 Product Safety Labs Company Details
11.14.2 Product Safety Labs Business Overview
11.14.3 Product Safety Labs Medical Device Safety Testing Introduction
11.14.4 Product Safety Labs Revenue in Medical Device Safety Testing Business (2020-2025)
11.14.5 Product Safety Labs Recent Development
11.15 I3CGLOBAL
11.15.1 I3CGLOBAL Company Details
11.15.2 I3CGLOBAL Business Overview
11.15.3 I3CGLOBAL Medical Device Safety Testing Introduction
11.15.4 I3CGLOBAL Revenue in Medical Device Safety Testing Business (2020-2025)
11.15.5 I3CGLOBAL Recent Development
11.16 MED Institute
11.16.1 MED Institute Company Details
11.16.2 MED Institute Business Overview
11.16.3 MED Institute Medical Device Safety Testing Introduction
11.16.4 MED Institute Revenue in Medical Device Safety Testing Business (2020-2025)
11.16.5 MED Institute Recent Development
11.17 Medical Engineering Technologies
11.17.1 Medical Engineering Technologies Company Details
11.17.2 Medical Engineering Technologies Business Overview
11.17.3 Medical Engineering Technologies Medical Device Safety Testing Introduction
11.17.4 Medical Engineering Technologies Revenue in Medical Device Safety Testing Business (2020-2025)
11.17.5 Medical Engineering Technologies Recent Development
11.18 Charles River Laboratories
11.18.1 Charles River Laboratories Company Details
11.18.2 Charles River Laboratories Business Overview
11.18.3 Charles River Laboratories Medical Device Safety Testing Introduction
11.18.4 Charles River Laboratories Revenue in Medical Device Safety Testing Business (2020-2025)
11.18.5 Charles River Laboratories Recent Development
11.19 NAMSA
11.19.1 NAMSA Company Details
11.19.2 NAMSA Business Overview
11.19.3 NAMSA Medical Device Safety Testing Introduction
11.19.4 NAMSA Revenue in Medical Device Safety Testing Business (2020-2025)
11.19.5 NAMSA Recent Development
11.20 NTS Inc
11.20.1 NTS Inc Company Details
11.20.2 NTS Inc Business Overview
11.20.3 NTS Inc Medical Device Safety Testing Introduction
11.20.4 NTS Inc Revenue in Medical Device Safety Testing Business (2020-2025)
11.20.5 NTS Inc Recent Development
11.21 DEKRA Certification
11.21.1 DEKRA Certification Company Details
11.21.2 DEKRA Certification Business Overview
11.21.3 DEKRA Certification Medical Device Safety Testing Introduction
11.21.4 DEKRA Certification Revenue in Medical Device Safety Testing Business (2020-2025)
11.21.5 DEKRA Certification Recent Development
11.22 F2 Labs
11.22.1 F2 Labs Company Details
11.22.2 F2 Labs Business Overview
11.22.3 F2 Labs Medical Device Safety Testing Introduction
11.22.4 F2 Labs Revenue in Medical Device Safety Testing Business (2020-2025)
11.22.5 F2 Labs Recent Development
11.23 JPen Medical
11.23.1 JPen Medical Company Details
11.23.2 JPen Medical Business Overview
11.23.3 JPen Medical Medical Device Safety Testing Introduction
11.23.4 JPen Medical Revenue in Medical Device Safety Testing Business (2020-2025)
11.23.5 JPen Medical Recent Development
11.24 Washington Laboratories
11.24.1 Washington Laboratories Company Details
11.24.2 Washington Laboratories Business Overview
11.24.3 Washington Laboratories Medical Device Safety Testing Introduction
11.24.4 Washington Laboratories Revenue in Medical Device Safety Testing Business (2020-2025)
11.24.5 Washington Laboratories Recent Development
11.25 ERD Medical Equipment Solutions
11.25.1 ERD Medical Equipment Solutions Company Details
11.25.2 ERD Medical Equipment Solutions Business Overview
11.25.3 ERD Medical Equipment Solutions Medical Device Safety Testing Introduction
11.25.4 ERD Medical Equipment Solutions Revenue in Medical Device Safety Testing Business (2020-2025)
11.25.5 ERD Medical Equipment Solutions Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 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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*If Applicable.
