Medical Device Testing Services Market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2028

SKU: DMMD3433 | Last Updated On: Jun 07 2021 | No. of Pages: 180 | Available Formats

> Global Medical Device Testing Services Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Medical Device Testing Services Market is segmented By Service (Biocompatibility Test, Chemistry Test, Microbiology & Sterility Testing, Package Validation), By Phase (Preclinical, Clinical), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

Market Overview

The Global Medical Device Testing Services Market is expected to grow at a CAGR during the forecasting period (2021-2028).

Medical device testing is a significant step in transforming an innovative design into a solid and marketable product. Moreover, testing puts the product through a comprehensive medical devices industry assessment and helps to show compliance with standards and regulations worldwide.

Source: DataM Intelligence Analysis (2020)

Market Dynamics

Increasing demand for validation and verification of medical devices is expected to drive the market's growth.

The companies manufacturing across the globe are planning to invest more in automation post-COVID-19. Moreover, the need for automated quality assurance has increased as industries have realized its importance in manufacturing processes. In addition, this need is further raised due to the COVID-19 outbreak due to less interference by humans required in the process. It has resulted in the widespread approval of machine vision as an integral part of long-term automation development processes. Hence, from the above statements medical device testing market is expected to drive growth.

Limitations to the local development of medical devices is expected to hamper the market's growth.

According to the Medical Journal, while the advancement of standards and control of medical devices is essential, excessive regulations, particularly in domestic circumstances, can also be a barrier to local innovation. Moreover, it can potentially hinder domestic innovation by subjecting new technologies to a lengthy and expensive licensing procedure after increasing the cost and the time that local manufacturers spend. The production cost of the medical equipment and few products, which are of significant value to low-income countries, may be extracted from the market due to the observed risks compared with their use. Hence Barriers to the local development of medical devices are expected to hamper the market's growth.

Medical Device Testing Services Market Industry Analysis

PEST Analysis:

 

Supply Chain:

 

 

COVID-19 Impact Analysis

The COVID-19 pandemic has affected the healthcare systems globally. Also, it has a notable impact on the market, and this has happened in several businesses closing down their manufacturing plants and halting most of their operations. During this pandemic, the main objective of companies was to run the business by safety and to continue the operations to get their revenues. Moreover, the pandemic has increased the demand for TIC services in the medical sector. For instance, the COVID-19 outbreak has led to increased demand for hygienic masks. In few countries such as France, Spain, and Mexico, have published appropriate standards and specifications, i.e., the UNE 0065, UNE 0064-1, UNE 0064-2, and AFNOR-SPEC-S76 standards, which is met before a mask is sold.

Additionally, TIC market players who provide services to the medical industry have begun inspections of medical equipment to keep the continuity of health and safety compliance and avoid any possible physical contact.

Segment Analysis

Microbiology & Sterility Testing segment is expected to hold the largest market share in this market segment.

The microbiology and sterility testing segment commanded the medical device testing services market and accounted for the largest revenue share in 2020. According to the Journal, A sterile medical device is free from viable microorganisms. Medical devices produced under approved manufacturing conditions under the requirements for Quality Management Systems (QMS) may have microorganisms present and within them before sterilization (non-sterile products). Moreover, sterilization aims to inactivate the microbiological contaminants to modify the devices from non-sterilized to sterilized. Sterility testing of medical devices is needed during the sterilization validation process, and routine release testing as sterility assurance is very crucial for medical devices. Failure to conduct such tests might delay the regulatory process for devices. Hence, the microbiology & sterility testing segment is expected to hold the largest market share.

Preclinical Segment is expected to hold the largest market share in this segment

The preclinical phase has accounted for the largest revenue share of the medical device testing services market in 2020.  Preclinical studies determine a starting, safe dose for the first-in-human study and evaluate the potential toxicity of the product, including new medical devices, prescription drugs, and diagnostics. According to the Journal(CBSET), they profile the safety and efficacy of implanted devices and combination products and develop novel testing and assessment procedures with multiple regulatory compliances. For instance, Full histology suite for all phases of embedding, sectioning, staining and imaging, Customizable mechanical testing of biomaterials and biological tissues. Hence, the medical device companies must follow the testing and verification & validation practices to ensure the quality & reliability of medical devices. Therefore, from the above statements, the preclinical segment is expected to hold the largest market share.

Source: DataM Intelligence Analysis (2020)

Geographical Analysis

Asia Pacific region holds the largest market share in the global medical device testing services market

The Asia Pacific held a maximum share in the medical device testing services market in 2020 because of the increasing per capita income among the middle class. Moreover, there is increasing consumer awareness about the importance of certification, the growing interest of international players in the China and India market, stringent product approval in countries such as China, and advancements in healthcare infrastructure. Additionally, China is the leading exporter for many companies worldwide, which has appeared to increase medical device testing services in the country to have agreement with international standards. Thus, there is a vast potential for the medical device testing services market during the forecast period.

For instance, WuXi PharmaTech (Cayman) Inc., on October 23, 2015, a leading R&D capability and technology platform company assisting the pharmaceutical, biotechnology, and medical device industries, announced its Laboratory Testing Division (LTD) had launched preclinical medical device testing services in China. Moreover, these services are being offered for Chinese and international clients for their product registration with the China Food and Drug Administration (CFDA) and Chinese clients for product registration in global markets.

 

Source: DataM Intelligence Analysis (2020)

Competitive Landscape

The medical device testing services market is moderately competitive with presence of local as well as global companies. Some of the key players which are contributing to the growth of the market Sterigenics International LLC, Charles River Laboratories International, Inc., Pace Analytical Services LLC, Intertek Group Plc, Wuxi AppTec, SGS SA, Eurofins, North American Science Associates Inc., Toxikon, Element Materials Technology  and Adico Inspection Service LTD. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the Medical Device Testing Services market globally.

Medical Device Testing Services Market Key Companies to Watch

Eurofins Advinus:

Overview:

Eurofins Advinus is an R&D services company that supports the discovery and development of compounds for different industries, including Pharmaceuticals, Biologicals, Agrochemicals, Nutraceuticals and Cosmetics. Moreover, it is part of Eurofins Scientific, a EUR 4.5 Billion leading international group of laboratories that provides a unique range of analytical testing services to the pharmaceutical, food, environmental and consumer products industries and governments.

Additionally, for the pharma/biotech industries, the company offers end-to-end services in preclinical toxicology testing, chemical process development, analytical R&D, drug metabolism and pharmacokinetics for IND submission.

Besides, the company is also one of the pioneers in drug discovery services in India, with a track record that is well explained by its path-breaking collaborations with Takeda, Merck, J&J, Novartis, Celgene and DNDi.

Product Portfolio:

Eurofins Advinus is has continuously set new standards in the continuous manufacturing of biocompatibility testing services to medical devices for various regulatory and notified bodies. For instance, Medical Device testing involves the below category of testing:

Biocompatibility Testing (Cytotoxicity Testing, Sensitization Testing, Irritation Testing)

Material Mediated Pyrogenicity Testing (Systemic Toxicity Testing, Implantation Testing, Hemocompatibility testing) and includes other tests.

Recent Market Developments:

In June 2020, Intertek announced expanding its protective equipment services to include the pre-certification testing of N95 respirators to conditions set by the National Institute for Occupational Safety and Health (NIOSH). Intertek also expanded upon its solutions and resources to support customers and the global community during the COVID-19 pandemic with these new services.

In October 2019, TÜV SÜD signed a memorandum of understanding (MoU) with the NUS Centre for Additive Manufacturing (AM.NUS) at the National University of Singapore (NUS) to improve R&D projects in the area of 3D printed biomedical implants for clinical trials.

Why Purchase the Report?

  • Visualize the composition of the medical device testing services market segmentation by service and phase highlighting the key commercial assets and players.
  • Identify commercial opportunities in medical device testing services market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of medical device testing services market- level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global medical device testing services market report would provide an access to an approx. 50market data table, 41 figures and 200pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Market Segmentation

Global Medical Device Testing Services Market- By Service

  • Biocompatibility Test
  • Chemistry Test
  • Microbiology & Sterility Testing
    • Bioburden Determination
    • Pyrogen & Endotoxin Testing
    • Sterility Test & Validation
    • Antimicrobial Activity Testing
    • Other
  •  Package Validation

Global Medical Device Testing Services Market - By Phase

  • Preclinical
  • Clinical

Global Medical Device Testing Services Market - By Region

  • North America
  • South America
  • Europe
  • Asia
  • Middle East & Africa

Table of Contents

  1. Global Medical Device Testing Services Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Medical Device Testing Services Market – Market Definition and Overview

  3. Global Medical Device Testing Services Market – Executive Summary

    1. Market Snippet by Service
    2. Market Snippet by Phase
    3. Market Snippet by Region
  4. Global Medical Device Testing Services Market – Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Increasing demand for validation and verification of medical devices is expected to drive the market's growth.
        2. Strict approval norms are expected to drive the market's growth.
      2. Restraints:
        1. Limitations to the local development of medical device are expected to hamper the market's growth.
        2. Legal & regulatory issues are expected to hamper the market's growth.
      3. Opportunity
      4. Impact Analysis
  5. Global Medical Device Testing Services Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Epidemiology Analysis
    3. Supply Chain Analysis
    4. Pricing Analysis
    5. Regulatory Analysis
    6. Reimbursement Analysis
    7. Unmet Needs
  6. Global Medical Device Testing Services Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Global Medical Device Testing Services Market – By Service

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Segment
      2. Market Attractiveness Index, By Service Segment
    2. Biocompatibility Test*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Chemistry Test
    4. Microbiology & Sterility Testing
      1. Bioburden Determination
      2. Pyrogen & Endotoxin Testing
      3. Sterility Test & Validation
      4. Antimicrobial Activity Testing
      5. Others
    5. Package Validation
  8. Global Medical Device Testing Services Market – By Phase

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
      2. Market Attractiveness Index, By Phase
    2. Preclinical*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Clinical
  9. Global Medical Device Testing Services Market – By Region

    1. Introduction
      1. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028, By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Phase
  10. Global Medical Device Testing Services Market – Competitive Landscape

    1. Key Developments and Strategies
    2. Company Share Analysis
    3. Product Benchmarking
    4. Key Companies to Watch
    5. Company with disruptive technology
    6. Start Up Companies
  11. Global Medical Device Testing Services Market- Company Profiles

    1.  Eurofins Advinus*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Charles River Laboratories International, Inc.
    3. Pace Analytical Services LLC
    4. Intertek Group Plc
    5. Wuxi AppTec
    6. SGS SA
    7. North American Science Associates Inc.
    8. Sterigenics International LLC
    9. Toxikon
    10. Element Materials Technology
    11. Adico Inspection Service LTD.(*LIST NOT EXHAUSTIVE)
  12. Global Medical Device Testing Services Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables

Table1 Global Medical Device Testing Services Market Value, By Service, 2020, 2024 & 2028 ($ Million)

Table2 Global Medical Device Testing Services Market Value, By Phase, 2020, 2024 & 2028 ($ Million)

Table3 Global Medical Device Testing Services Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table4 Global Medical Device Testing Services Market Value, By Service, 2020, 2024 & 2028 ($ Million)

Table5 Global Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table6 Global Medical Device Testing Services Market Value, By Phase, 2020, 2024 & 2028 ($ Million)

Table7 Global Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table8 Global Medical Device Testing Services Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table9 Global Medical Device Testing Services Market Value, By Region, 2018-2028 ($ Million)

Table10 North America Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table11  North America Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table12 North America Medical Device Testing Services Market Value, By Country, 2018-2028 ($ Million)

Table13 South America Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table14 South America Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table15 South America Medical Device Testing Services Market Value, By Country, 2018-2028 ($ Million)

Table16 Europe Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table17 Europe Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table18 Europe Medical Device Testing Services Market Value, By Country, 2018-2028 ($ Million)

Table19 Asia-Pacific Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table20 Asia-Pacific Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table21 Asia-Pacific Medical Device Testing Services Market Value, By Country, 2018-2028 ($ Million)

Table22 Middle East & Africa Medical Device Testing Services Market Value, By Service, 2018-2028 ($ Million)

Table23 Middle East & Africa Medical Device Testing Services Market Value, By Phase, 2018-2028 ($ Million)

Table24 Pace Analytical Services LLC: Overview

Table25 Pace Analytical Services LLC: Product Portfolio

Table26 Pace Analytical Services LLC: Key Developments

Table27 Intertek Group Plc: Overview

Table28 Intertek Group Plc: Product Portfolio

Table29 Intertek Group Plc: Key Developments

Table30 Wuxi AppTec: Overview

Table31 Wuxi AppTec: Product Portfolio

Table32 Wuxi AppTec: Key Developments

Table33 SGS SA: Overview

Table34 SGS SA: Product Portfolio

Table35 SGS SA: Key Developments

Table36 Eurofins: Overview

Table37 Eurofins: Product Portfolio

Table38 Eurofins: Key Developments

Table39 North American Science Associates Inc.: Overview

Table40 North American Science Associates Inc.: Product Portfolio

Table41 North American Science Associates Inc.: Key Developments

Table42 Toxikon: Overview

Table43 Toxikon: Product Portfolio

Table44 Toxikon: Key Developments

Table45 Element Materials Technology: Overview

Table46 Element Materials Technology: Product Portfolio

Table47 Element Materials Technology: Key Developments

Table48 Adico Inspection Service LTD.: Overview

Table49 Adico Inspection Service LTD.: Product Portfolio

Table50 Adico Inspection Service LTD.: Key Developments

List of Figures   

Figure1  Global Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%)      

Figure2 Global Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)   

Figure3 Global Medical Device Testing Services Market Share, By Region, 2019 & 2027 (%)      

Figure4 Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)     

Figure5 Global Medical Device Testing Services Market Y-o-Y Growth, By Service, 2019-2027 (%)    

Figure6 Biocompatibility Test: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)       

Figure7  Chemistry Test: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)      

Figure8 Microbiology & Sterility Testing: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)    

Figure9 Package Validation: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)       

Figure10 Global Medical Device Testing Services Market Y-o-Y Growth, By Phase, 2019-2027 (%)      

Figure11 Preclinical: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)   

Figure12 Clinical: Global Medical Device Testing Services Market Value, 2018-2028 ($ Million)   

Figure13 Global Medical Device Testing Services Market Y-o-Y Growth, By Region, 2019-2027 (%)     

Figure14 North America Medical Device Testing Services Market Value, 2018-2028 ($ Million)   

Figure15 North America Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%) 

Figure16 North America Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)   

Figure17 North America Medical Device Testing Services Market Share, By Country, 2019 & 2027 (%)      

Figure18 South America Medical Device Testing Services Market Value, 2018-2028 ($ Million)   

Figure19 South America Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%) 

Figure20 South America Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)   

Figure21 South America Medical Device Testing Services Market Share, By Country, 2019 & 2027 (%)      

Figure22 Europe Medical Device Testing Services Market Value, 2018-2028 ($ Million)     

Figure23 Europe Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%)      

Figure24 Europe Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)      

Figure25 Europe Medical Device Testing Services Market Share, By Country, 2019 & 2027 (%)   

Figure26 Asia-Pacific Medical Device Testing Services Market Value, 2018-2028 ($ Million)

Figure27 Asia-Pacific Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%)   

Figure28 Asia-Pacific Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)   

Figure29 Asia-Pacific Medical Device Testing Services Market Share, By Country, 2019 & 2027 (%)   

Figure30 Middle East & Africa Medical Device Testing Services Market Value, 2018-2028 ($ Million)      

Figure31 Middle East & Africa Medical Device Testing Services Market Share, By Service, 2019 & 2027 (%) 

Figure32 Middle East & Africa Medical Device Testing Services Market Share, By Phase, 2019 & 2027 (%)   

Figure33 Pace Analytical Services LLC: Financials        

Figure34 Intertek Group Plc: Financials     

Figure35 Wuxi AppTec: Financials

Figure36 SGS SA: Financials      

Figure37 Eurofins: Financials    

Figure38 North American Science Associates Inc.: Financials 

Figure39 Toxikon: Financials    

Figure40 Element Materials Technology: Financials    

Figure41 Adico Inspection Service LTD.: Financials     

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