Role Of Chronic Diseases In Boosting The Medical Device Testing Services Market: A Key Driver Powering Medical Device Testing Services Market Growth In 2025

The Medical Device Testing Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Medical Device Testing Services Market Size and Its Estimated Growth Rate?
The market for medical device testing services has witnessed a quick expansion in the previous years. It is projected to rise from $9.25 billion in 2024 to $10.21 billion in 2025, marking a compound annual growth rate (CAGR) of 10.4%. The surge in growth during the historical period has been credited to industry amalgamation, compliance with quality assurance norms, emphasis on patient wellbeing, transnational expansion of the medical device sector, and rising intricate nature of medical devices.

Expectations are high for the medical device testing services market as it is projected to undergo robust growth in the coming years. The market is estimated to expand to a size of $14.22 billion by the year 2029, with a compound annual growth rate (CAGR) of 8.6%. Factors fueling this growth within the forecast period include the rapid expansion of the medical device industry, emerging markets, regulatory alterations, and a focus on personalized medicine, cybersecurity issues, along with a shift towards value-based healthcare. Key trends to note in the forecast period are the adoption of sustainable testing practices, integration of regulatory consulting services, personalized medicine and testing, improvements in testing equipment and methodologies, and the growth of in vitro diagnostic (IVD) testing services.

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How Are Emerging Segments Shaping the Medical Device Testing Services Market Landscape?
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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Which Growth Factors Are Influencing Medical Device Testing Services Market Expansion?
The anticipated increase in chronic diseases is predicted to fuel the expansion of the medical device testing services market. Chronic ailments refer to enduring health issues that last over an extended duration, usually more than a year. They occur due to factors such as an ageing population, poor lifestyle habits, and environmental influences. The role of medical device testing services in chronic disease management is to facilitate remote patient monitoring (RPM) and immediate detection of health alterations, ensuring the devices' safety, effectiveness, dependability, and quality, ultimately enhancing patient health outcomes and life quality. For instance, data from the US-based National Library of Medicine in January 2023 suggests that the number of individuals suffering from at least one chronic illness is set to nearly double, marking a 99.5% rise from 71.522 million in 2020 to 142.66 million by 2050. Consequently, the increasing occurrence of chronic diseases is accelerating the growth of the medical device testing services market.

Who Are the Dominant Players Across Different Medical Device Testing Services Market Segments?
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.

What Are the Latest Developing Trends in the Medical Device Testing Services Market?
Key players in the medical device testing services market are focusing their efforts on embracing technological advancements, including novel testing services for various medical devices. These services encompass a broad array of tests performed by dedicated firms to verify the efficacy, safety, and regulatory conformity of medical devices in line with both domestic and global rules. UL Solutions, a US-based company proficient in providing medical testing, inspection, and certification services, unveiled its new medical device testing services at its Rochester Hills laboratory in October 2023. These services encompass compliance training for medical device manufacturers, usability analysis, and third-party verification and validation. These are pivotal to the growth of the local medical device sector while assisting manufacturers in enhancing the safety, security, usability, and compatibility of their devices. Additionally, the company offers services such as third-party verification and validation, cybersecurity solutions, audits, usability tests, and compliance training to device makers. They can also tackle potential threats like quality, safety, and cybersecurity challenges while accelerating innovation and shielding users.

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Which Geographic Regions Are Expected to Dominate the Medical Device Testing Services Market in the Coming Years?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Medical Device Testing Services Market?
2. What is the CAGR expected in the Medical Device Testing Services Market?
3. What Are the Key Innovations Transforming the Medical Device Testing Services Industry?
4. Which Region Is Leading the Medical Device Testing Services Market?

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