Press release
Europe Medical Device Testing Market is expected to reach USD 2,499.53 million by 2029
Europe Medical Device Testing Market Analysis and InsightsMedical device testing is the process of demonstrating that the device is reliably and safely perform in use. In new product development, extensive design validation testing is applied. This includes performance testing, toxicity, chemical analysis, and sometimes human factors or clinical testing. Ongoing quality assurance testing is generally more limited. This usually includes dimensional checks, some functional tests, and packaging verification. Various types of medical testing services are available there in the market, such as inspection services, certification services, and others
Europe medical device testing market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.8% in the forecast period of 2022 to 2029 and is expected to reach USD 2,499.53 million by 2029 from USD 1,226.46 million in 2021.
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Recent Development
In April 2021, TUV SUD announced that it had presented itself at Medtec LIVE to exhibit its ability to be a one-stop-shop for medical device testing. The company's services covered testing in electrical and functional safety, cyber security and software, EMC, and biocompatibility. The experts from TUV SUD featured in the online trade show and congress program with various talks, a live hack, and an elevator pitch.
Europe Medical Device Testing Market Scope
Europe medical device testing market is segmented into service type, testing type, phase, sourcing type, device class and product. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Service Type
Testing services
Inspection services
Certification services
On the basis of service type, the Europe medical device testing market is segmented into testing services, inspection services and certification services.
Testing Type
Physical testing
Chemical/biological testing
Cybersecurity testing
Microbiology and sterility testing
Others
On the basis of testing type, the Europe medical device testing market is segmented into physical testing, chemical/biological testing, cybersecurity testing, microbiology, and sterility testing and others.
Phase
Preclinical
Clinical
On the basis of phase, the Europe medical device testing market is segmented into preclinical and clinical.
.Sourcing Type
Outsourced
In-house
On the basis of sourcing type, the Europe medical device testing market is segmented into in-house and outsourced.
Device Class
Class I
Class II
Class III
On the basis of device class, the Europe medical device testing market is segmented into class I, class II and class III.
Product
Active implant medical device
Active medical device
Non-active medical device
In-vitro diagnostics medical device
Opthalmic medical device
Orthopedic and dental medical device
Vascular medical device
Others
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Competitive Landscape and Medical Device Testing Market Share Analysis
The medical device testing market competitive landscape provides details by the competitors. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on medical device testing market.
Some of the major players operating in the medical device testing market are Intertek Group plc, SGS SA, Bureau Veritas, TUV SUD, TUV Rheinland, UL LLC, North American Science Associates, LLC, Medistri SA, WuXi AppTec, NSF, Labcorp, Eurofins Scientific, Nelson Laboratories, LLC- A Sotera Health company, ITC ZLIN, Element Materials Technology, EndoLab Mechanical Engineering GmbH, Hohenstein, Medical Engineering Technologies Ltd., Cigniti, IMR Test Labs and among others.
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