Medical Device Testing Services Market to reach US$ 14,660.1 Mn in 2027 | Top Leading Companies Eurofins, Toxikon, Pace Analytical Services, Intertek Group, Charles River, WuXi AppTec, Element Materials Technology

During 2018, the region of Asia Pacific held a maximum share in the medical device testing services market. The growing interest of international players in China and India market, stringent product approval in countries like China, and advancing healthcare infrastructure. Thus, there is a huge potential for medical device testing services market during the forecast period.

The global medical device testing services market by service was led by microbiology & sterility testing segment. In 2018, the microbiology & sterility testing held the most significant market share 53.55% of the medical device testing services market, by service. This segment is also anticipated to dominate the market in 2027 as sterility assurance is very crucial for medical devices. Also, chemistry testing segment is anticipated to witness growth at a significant rate during the forecast period, 2019 to 2027.

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Medical device testing needs strong experience of the domain, native and national legislations, and information about the devices, infrastructure, and ability to support the testing. The healthcare and medical device industry is an active one due to continuous development and advanced solutions. The enhancements in medical device technology have significantly enhanced the efficiency of patient care in the last few decades. As per the FDA in 2018, stated that there are above 80,000 incidents identified since 2008, due to the medical device injury. Since, last few years, medical device companies and doctors have observed that spinal-cord stimulators have helped the patients who suffer from pain disorders. Due to this, it has become one of the most rising products in the $400 billion medical device industry. Therefore, the increasing incidences of product recall and higher demand for quality products are growing the need for testing of medical devices. Hence, it will boost the market for medical device testing services.

The small and medium-sized enterprises (SMEs) training programs have been implemented in the countries such as China, Chile, Indonesia, Mexico, Malaysia, Singapore, Philippines, Peru, Russia and Viet Nam and others. In 2018, the medical device market in the U.K. was valued approximately US$10.6 billion. Among which, around 2,500 are small to medium-sized medical device companies in the U.K.

Top Leading companies in this report are:

SGS SA
Eurofins
Toxikon
Pace Analytical Services, LLC
Intertek Group plc
North American Science Associates Inc.
Charles River
WuXi AppTec
Element Materials Technology
T�V S�D AG

Table of content:
Global Medical Device Testing Services Market - Key Takeaways
Research Methodology
Global Medical Device Testing Services Market Landscape
Global Medical Device Testing Services Market - Key Industry Dynamics
Medical Device Testing Services Market - Global Analysis
Medical Device Testing Services Market Analysis And Forecasts To 2027 - Service
Medical Device Testing Services Market Analysis And Forecasts To 2027 - Phase
Medical Device Testing Services Market Revenue and Forecasts to 2027 - Geographical Analysis
Europe Medical Device Testing Services Market Revenue and Forecasts to 2027
Asia Pacific Medical Device Testing Services Market Revenue and Forecasts to 2027
Medical Device Testing Services Market- Industry Landscape
Medical Device Testing Services Market-Key Company Profiles
Appendix

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