Press release
Asia-Pacific Medical Device Testing Market is expected to reach USD 1237.03 million by 2029
Asia-Pacific 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 11.7% in the forecast period of 2022 to 2029 and is expected to reach USD 1237.03 million by 2029 from USD 527.22 million in 2021.Market Definition
Medical 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 and chemical analysis, and sometimes human factors or even clinical testing. Ongoing quality assurance testing is generally more limited. This usually include 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 among others.
Medical Device Testing Market Dynamics
Drivers
Rise need for the verification and validation of medical devices
The verification and validation methods are widespread and extensively used in the healthcare industry. In general, verification is the developmental phase of a product if it complies with the specified requirements, whereas validation checks if the intended use has been met and, thus, usability specifics are fulfilled. The most common types of verification and validation for medical devices are design, process, and software verification and validation. Medical devices are also becoming smaller and more complex in design, sometimes using advanced, engineered plastics. This makes validation and verification (V&V) all the more important. The result is better repeatability, fewer mistakes, less rework and redesign, faster market-time, improved competitiveness, and lower production costs.
Increase in the demand for in-vitro tests
In vitro diagnostics (IVD) are tests on samples such as blood or tissue taken from the human body. In-vitro diagnostics can detect diseases or other conditions and can be used to monitor a person's overall health to help cure, treat, or prevent diseases. In-vitro tests are used in various disease detections such as HIV infections, malaria, hepatitis, among others. The prevalence of such diseases is rapidly increasing globally, leading to the increasing demand for in-vitro tests and various medical devices.
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Asia-Pacific Medical Device Testing Market Scope
Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific medical device testing market is segmented into preclinical and clinical.
Sourcing Type
Outsourced
In-house
On the basis of sourcing type, the Asia-Pacific 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 Asia-Pacific 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
MORE LINKS:
https://dbmrbuisness.blogspot.com/2023/09/north-america-ehealth-market-will-grow.html
https://dbmrbuisness.blogspot.com/2023/09/middle-east-and-africa-ehealth-market_12.html
https://dbmrbuisness.blogspot.com/2023/09/global-fractional-laser-market-is.html
https://dbmrbuisness.blogspot.com/2023/09/global-extracorporeal-membrane.html
https://www.blogger.com/blog/post/preview/2488328241346209773/6964899887103261941
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