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Primary Catalyst Driving Medical Device Testing Services Market Evolution in 2025: Role Of Chronic Diseases In Boosting The Medical Device Testing Services Market Driver

03-13-2025 06:54 AM CET | Health & Medicine

Press release from: The Business Research Company

Medical Device Testing Services Market

Medical Device Testing Services Market

Which drivers are expected to have the greatest impact on the over the medical device testing services market's growth?
An increase in chronic illnesses is forecasted to stimulate the expansion of the medical device testing services market. Chronic illnesses are defined as long-lasting health issues which typically persist for a minimum of a year or longer. They are often a result of an aging population, poor lifestyle decisions, and environmental influences. Medical device testing services play an essential role in managing these chronic diseases through remote patient monitoring (RPM) and immediate detection of health alterations. These services are aimed at ensuring the safety, efficacy, quality, and reliability of the devices designed to enhance patient results and life quality. For example, the National Library of Medicine, a US medical library, reported in January 2023 that the estimated count of individuals suffering from at least one chronic disease is anticipated to almost double, rising by 99.5% from 71.522 million in 2020 to 142.66 million by 2050. Consequently, the escalating prevalence of these chronic diseases is steering the development of the medical device testing services market.

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What is the future CAGR of the medical device testing services market, and how will it impact industry expansion?
In recent times, the size of the medical device testing services market has seen a rapid expansion. There will be an increase from $9.25 billion in 2024 to $10.21 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.4%. The expansion during the past period is attributable to factors such as industry consolidation, requirements for quality assurance, emphasis on patient safety, the global spread of medical devices, and escalating complexity of medical devices.

Expectations are high for robust expansion in the medical device testing services market over the next few years. In fact, it's predicted to escalate to $14.22 billion by 2029, with a compound annual growth rate (CAGR) of 8.6%. This projected growth in the near future can be largely attributed to factors such as quick expansion within the medical device sector, emerging markets, evolving regulations, an emphasis on individualized medicine, concerns around cybersecurity, and a shift towards value-oriented healthcare. Key trends expected for the forecast period are sustainable methods of testing, integration of regulatory advisory services, personalized medicine and associated testing, improvements in testing equipment and techniques, as well as an increase in in vitro diagnostic (IVD) testing services.

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What are the most significant trends transforming the medical device testing services market today?
Leading corporations involved in the domain of medical device testing services are concentrating their efforts on embracing innovative technologies. This includes the development of new medical device testing amenities, all with the aim of offering holistic testing solutions. Such services encompass numerous tests carried out by specialist firms to confirm the efficacy, safety, and compliance of medical appliances with national and global norms. For example, in October 2023, UL Solutions, a company based in the US known for its contribution to medical testing, inspection, and certification services, inaugurated its fresh medical device testing services in its Rochester Hills lab. They cover compliance training for medical device producers, usability testing, and independent verification and validation. This not only aids in bolstering the state's burgeoning medical device sector but also permits manufacturers to augment the safety, security, user-friendliness, and interoperability of their products. Furthermore, such services offer third-party verification and validation, cybersecurity services, audits, usability evaluations, and compliance coaching to those who manufacture medical devices. This not only addresses potential risks such as quality, safety, and cybersecurity concerns, but it also preserves the speed of innovation and safeguards users.

Which key market segments comprise the medical device testing services market and drive its revenue growth?
The medical device testing services market covered in this report is segmented -

1) By Product: Active Implant Medical Device, Active Medical Device, Non-Active Medical Device, In-Vitro Diagnostics Medical Device, Ophthalmic Medical Device, Orthopedic And Dental Medical Device, Vascular Medical Device, Other Products
2) By Service: Biocompatibility Tests, Chemistry Test, Microbiology And Sterility Test, Package Validation
3) By Phase: Preclinical, Clinical

Subsegments:
1) By Active Implant Medical Device: Pacemakers, Implantable Defibrillators, Neurostimulators
2) By Active Medical Device: Infusion Pumps, Diagnostic Equipment, Therapeutic Equipment
3) By Non-Active Medical Device: Surgical Instruments, Patient Monitoring Equipment, Bandages And Dressings
4) By In-Vitro Diagnostics Medical Device: Blood Test Kits, Urine Test Strips, Molecular Diagnostic Devices
5) By Ophthalmic Medical Device: Contact Lenses, Surgical Instruments For Eye Surgery, Diagnostic Equipment For Eye Care
6) By Orthopedic And Dental Medical Device: Joint Replacement Implants, Orthotic Devices, Dental Crowns And Bridges
7) By Vascular Medical Device: Stents, Catheters, Vascular Grafts
8) By Other Products: Miscellaneous Medical Devices, Custom Medical Devices, Combination Products

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

Who are the leading players fueling growth in the medical device testing services market?
Major companies operating in the medical device testing services market are Laboratory Corporation of America Holdings, Eurofins Scientific SE, SGS SA, Bureau Veritas SA, WuXiAppTec Group, Steris plc, Sartorius AG, Charles River Laboratories International Inc., Altran Corporation, TUV SUD AG, Element Minnetonka, Underwriters Laboratories LLC, Intertek Group Plc., QTS Analytical Limited, Pace Analytical Services LLC., Sterigenics International LLC, Nelson Laboratories LLC, Exova Group Limited, Mérieux NutriSciences Corporation, American Preclinical Services LLC, Toxikon Corporation, North American Science Associates Inc., Avomeen Analytical Services LLC, Element Materials Technology Group Limited, Sionic Advisors LLC, Medical Engineering Technologies Ltd.

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What Is Covered In The Medical Device Testing Services Global Market Report?

•Market Size Forecast: Examine the medical device testing services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the medical device testing services market for a structured understanding.
•Key Players Overview: Analyze major players in the medical device testing services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the medical device testing services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the medical device testing services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the medical device testing services market.
•Industry Challenges: Identify potential risks and obstacles affecting the medical device testing services market.
•Competitive Landscape: Review strategic developments in the medical device testing services market, including expansions, agreements, and new product launches.

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