TMCnet News

Global Medical Device Testing Market Forecasts to 2023 - Increasing Need of Validation & Verification (V&V) for Medical Devices - Research and Markets
[December 18, 2017]

Global Medical Device Testing Market Forecasts to 2023 - Increasing Need of Validation & Verification (V&V) for Medical Devices - Research and Markets


The "Medical Device Testing Market by Services, Sourcing, Class, Technology - Global Forecast to 2023" report has been added to Research and Markets' offering.

The medical device testing market is estimated to be USD 8.56 billion in 2017 and is expected to reach USD 12.26 billion by 2023, growing at a CAGR of 6.18% between 2017 and 2023.

Some of the market drivers are an increasing need of validation and verification (V&V) for medical device, and imposition of rigorous government regulations and standards across medical devices. The main restrain for the market growth is barrier to local development of medical device manufacturers.

Drivers

  • The Race of Market vs More Regulatory Compliance
  • Increasing Need of Validation and Verification (V&V) for Medical Devices
  • Imposition of Rigorous Government Regulations and Standards in Medical Devices

Restraints

  • Barriers to Local Development of Medical Device Manufacturers

Opportunities

  • Integration of Mobile and Medical Devices
  • Consolidation of Fragmented Market
  • Inclination Toward Outsourcing Tic Services


Challenges

  • Complex Nature of Global Supply Chains
  • Long Lead Time for Overseas Qualification Tests

The US accounted for the largest share of the medical device testing market in 2016. The country is the world leader in medical devices in terms of awareness among users about the safety and security of medical devices. Mexico is one of the largest medical device importers in the world. Whereas, Canada is actively involved in setting up the medical device regulations.


Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Medical Device Testing Market, By Service Type

7 Medical Device Testing Market, By Sourcing Type

8 Medical Device Testing Market, By Device Class

9 Medical Device Testing Market, By Technology

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

  • ASTM
  • Avomeen Analytical Services
  • BDC Laboratories
  • BSI
  • Bureau Veritas (News - Alert)
  • Charles River Laboratories
  • Dekra
  • Element Material Technology (Exova)
  • Envigo
  • Eurofins Scientific
  • Gateway (News - Alert) Analytical
  • her Key Players
  • Intertek
  • Medical Device Testing Services
  • Medistri SA
  • North American Science Associates (NAMSA)
  • NSF International
  • Pace Analytical Services
  • SGS
  • Source (News - Alert) Bioscience
  • Surpass
  • Toxikon
  • TUV Rheinland
  • TUV SUD
  • UL
  • Wuxi Apptec

For more information about this report visit https://www.researchandmarkets.com/research/f5cr78/global_medical?w=4


[ Back To TMCnet.com's Homepage ]