Discover trends, market shifts, and competitive outlooks for the medical device testing industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Estimated Market Size of the Medical Device Testing Market In 2029?

In recent times, the size of the medical device testing market has seen significant growth. The market, valued at $9.89 billion in 2024, is projected to expand to $10.49 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. The growth during the historical period is the result of stricter regulatory standards, elevated complexity in medical devices, the global expansion of the medical device industry, an increase in chronic diseases, and a heightened focus on patient safety.

The market for medical device testing is predicted to experience substantial growth in the forthcoming years, with an anticipated value of $13.39 billion by 2029 and a compound annual growth rate of 6.3%. This projected growth in the forecasted timeframe is due to factors such as developments in medical technology, a rise in outsourced testing services, the swift expansion of personalized medicine, an evolving regulatory landscape and heightened focus on medical devices’ cybersecurity. The forecast period is expected to witness major trends like amplified regulatory compliance testing, the broadening of biocompatibility testing methods, the use of simulation and modeling approaches, heightened demand for sterility testing, and the unveiling of testing services for interconnected devices.

Download a free sample to assess the report’s scope and structure:

https://www.thebusinessresearchcompany.com/sample.aspx?id=9981&type=smp

What Are the Primary Drivers Supporting the Market Growth of the Medical Device Testing Market?

The medical device testing market is being propelled forward due to an increase in medical device recalls. The recall of a device involves the manufacturer or distributor of the device undertaking correctional measures to address or eradicate issues with the medical device. Medical device testing aids manufacturers in identifying potential safety risks related to the devices and determining if a medical recall is required to guarantee patient safety and the effectiveness of the devices. It also helps to enhance product quality to prevent medical recalls. As an example, Sedgwick, an American IT services management company, reported that the second quarter of 2022 saw 719 medical recalls, an 11% increase from the first quarter. Consequently, the escalating number of medical device recalls is stimulating the medical device testing market.

Which Primary Segments of the Medical Device Testing Market Are Driving Growth and Industry Transformations?

The medical device testing market covered in this report is segmented –

1) By Testing Type: Physical Testing, Chemical Or Biological Testing, Cybersecurity Testing, Microbiology And Sterility Testing, Other Testing Type

2) By Device Class: Class I, Class II, Class III

3) By Sourcing Type: In-House, Outsourced

4) By Service Type: Testing Services, Inspection Services, Certification Services

5) By End-User: Hospital, Research Center, Homecare Clinics, Other End-User

Subsegments:

1) By Physical Testing: Mechanical Testing, Environmental Testing, Electrical Testing

2) By Chemical Or Biological Testing: Chemical Composition Analysis, Biocompatibility Testing, Toxicological Assessment

3) By Cybersecurity Testing: Vulnerability Assessment, Penetration Testing, Risk Assessment

4) By Microbiology And Sterility Testing: Microbial Contamination Testing, Sterility Assurance Testing, Endotoxin Testing

5) By Other Testing Types: Performance Testing, Usability Testing, Regulatory Compliance Testing

Request customized data on this market:

https://www.thebusinessresearchcompany.com/customise?id=9981&type=smp

Which Regions Are Key Players in the Growth of the Medical Device Testing Market?

North America was the largest region in the medical device testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the medical testing device market report during the forecast period. The regions covered in the medical device testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Most Significant Market Trends in the Medical Device Testing Market?

The emergence of product innovations is a significant trend observed in the medical device testing market. Key market players are bringing fresh, novel products to the market to uphold their respective market standings. For example, in February 2022, Nelson Labs, renowned for their lab testing services in the US, introduced the Nelson Labs Mark. This product testing verification program validates test reports and provides reliable data regarding product efficiency. This new initiative is primarily a program for the testing and verification of medical devices. The program’s distinctive feature is its incorporation of a two-factor authentication system for consumers to ascertain test’s authenticity. Initially, the program is geared towards the testing of masks and respirator devices.

View the full report here:

https://www.thebusinessresearchcompany.com/report/medical-device-testing-global-market-report

What Parameters Are Used to Define the Medical Device Testing Market?

Medical device testing refers to the process of evaluating and verifying the safety, effectiveness, and quality of medical devices. It is used to ensure that products are safe and effective for use in patient care and that they meet the standards and requirements set by regulatory agencies.

Purchase the full report and get a swift delivery:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9981

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model