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Global Medical Device Validation and Verification Market Research Report 2024

Global Medical Device Validation and Verification Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1902908

No of Pages : 88

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Synopsis
With the advancement in technology, medical devices are becoming smaller in size with more complex design. Hence, validation and verification of medical device has become even more important. This validation and verification process helps in designing the highest quality medical devices with minimum error. Validation and verification also help to reduce the production cost of medical devices.
The global Medical Device Validation and Verification market was valued at US$ 571.9 million in 2023 and is anticipated to reach US$ 1021.7 million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
This report aims to provide a comprehensive presentation of the global market for Medical Device Validation and Verification, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Device Validation and Verification.
Report Scope
The Medical Device Validation and Verification market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medical Device Validation and Verification market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Device Validation and Verification companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SGS SA
QuEST
Global Services Pte. Ltd
Intertek
Element Materials Technology
TÜV SÜD AG
NAMSA
Eurofins Scientific SE
Charles River
Sterling Medical Devices
Pacific Biolabs
Toxikon Corporation
Steris Laboratories
Segment by Type
Mechanical testing
Biological
EMC/ECI
Electrical safety testing
Segment by Application
Cardiovascular
Dermatology
Orthopedics
Nephrology
Respiratory
Neurology
Oncology
ENT
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Device Validation and Verification companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Device Validation and Verification Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Mechanical testing
1.2.3 Biological
1.2.4 EMC/ECI
1.2.5 Electrical safety testing
1.3 Market by Application
1.3.1 Global Medical Device Validation and Verification Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Cardiovascular
1.3.3 Dermatology
1.3.4 Orthopedics
1.3.5 Nephrology
1.3.6 Respiratory
1.3.7 Neurology
1.3.8 Oncology
1.3.9 ENT
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Device Validation and Verification Market Perspective (2019-2030)
2.2 Medical Device Validation and Verification Growth Trends by Region
2.2.1 Global Medical Device Validation and Verification Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Medical Device Validation and Verification Historic Market Size by Region (2019-2024)
2.2.3 Medical Device Validation and Verification Forecasted Market Size by Region (2025-2030)
2.3 Medical Device Validation and Verification Market Dynamics
2.3.1 Medical Device Validation and Verification Industry Trends
2.3.2 Medical Device Validation and Verification Market Drivers
2.3.3 Medical Device Validation and Verification Market Challenges
2.3.4 Medical Device Validation and Verification Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medical Device Validation and Verification Players by Revenue
3.1.1 Global Top Medical Device Validation and Verification Players by Revenue (2019-2024)
3.1.2 Global Medical Device Validation and Verification Revenue Market Share by Players (2019-2024)
3.2 Global Medical Device Validation and Verification Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Medical Device Validation and Verification Revenue
3.4 Global Medical Device Validation and Verification Market Concentration Ratio
3.4.1 Global Medical Device Validation and Verification Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Device Validation and Verification Revenue in 2023
3.5 Medical Device Validation and Verification Key Players Head office and Area Served
3.6 Key Players Medical Device Validation and Verification Product Solution and Service
3.7 Date of Enter into Medical Device Validation and Verification Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Device Validation and Verification Breakdown Data by Type
4.1 Global Medical Device Validation and Verification Historic Market Size by Type (2019-2024)
4.2 Global Medical Device Validation and Verification Forecasted Market Size by Type (2025-2030)
5 Medical Device Validation and Verification Breakdown Data by Application
5.1 Global Medical Device Validation and Verification Historic Market Size by Application (2019-2024)
5.2 Global Medical Device Validation and Verification Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Medical Device Validation and Verification Market Size (2019-2030)
6.2 North America Medical Device Validation and Verification Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Medical Device Validation and Verification Market Size by Country (2019-2024)
6.4 North America Medical Device Validation and Verification Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medical Device Validation and Verification Market Size (2019-2030)
7.2 Europe Medical Device Validation and Verification Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Medical Device Validation and Verification Market Size by Country (2019-2024)
7.4 Europe Medical Device Validation and Verification Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medical Device Validation and Verification Market Size (2019-2030)
8.2 Asia-Pacific Medical Device Validation and Verification Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Medical Device Validation and Verification Market Size by Region (2019-2024)
8.4 Asia-Pacific Medical Device Validation and Verification Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medical Device Validation and Verification Market Size (2019-2030)
9.2 Latin America Medical Device Validation and Verification Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Medical Device Validation and Verification Market Size by Country (2019-2024)
9.4 Latin America Medical Device Validation and Verification Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medical Device Validation and Verification Market Size (2019-2030)
10.2 Middle East & Africa Medical Device Validation and Verification Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Medical Device Validation and Verification Market Size by Country (2019-2024)
10.4 Middle East & Africa Medical Device Validation and Verification Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SGS SA
11.1.1 SGS SA Company Detail
11.1.2 SGS SA Business Overview
11.1.3 SGS SA Medical Device Validation and Verification Introduction
11.1.4 SGS SA Revenue in Medical Device Validation and Verification Business (2019-2024)
11.1.5 SGS SA Recent Development
11.2 QuEST
11.2.1 QuEST Company Detail
11.2.2 QuEST Business Overview
11.2.3 QuEST Medical Device Validation and Verification Introduction
11.2.4 QuEST Revenue in Medical Device Validation and Verification Business (2019-2024)
11.2.5 QuEST Recent Development
11.3 Global Services Pte. Ltd
11.3.1 Global Services Pte. Ltd Company Detail
11.3.2 Global Services Pte. Ltd Business Overview
11.3.3 Global Services Pte. Ltd Medical Device Validation and Verification Introduction
11.3.4 Global Services Pte. Ltd Revenue in Medical Device Validation and Verification Business (2019-2024)
11.3.5 Global Services Pte. Ltd Recent Development
11.4 Intertek
11.4.1 Intertek Company Detail
11.4.2 Intertek Business Overview
11.4.3 Intertek Medical Device Validation and Verification Introduction
11.4.4 Intertek Revenue in Medical Device Validation and Verification Business (2019-2024)
11.4.5 Intertek Recent Development
11.5 Element Materials Technology
11.5.1 Element Materials Technology Company Detail
11.5.2 Element Materials Technology Business Overview
11.5.3 Element Materials Technology Medical Device Validation and Verification Introduction
11.5.4 Element Materials Technology Revenue in Medical Device Validation and Verification Business (2019-2024)
11.5.5 Element Materials Technology Recent Development
11.6 TÜV SÜD AG
11.6.1 TÜV SÜD AG Company Detail
11.6.2 TÜV SÜD AG Business Overview
11.6.3 TÜV SÜD AG Medical Device Validation and Verification Introduction
11.6.4 TÜV SÜD AG Revenue in Medical Device Validation and Verification Business (2019-2024)
11.6.5 TÜV SÜD AG Recent Development
11.7 NAMSA
11.7.1 NAMSA Company Detail
11.7.2 NAMSA Business Overview
11.7.3 NAMSA Medical Device Validation and Verification Introduction
11.7.4 NAMSA Revenue in Medical Device Validation and Verification Business (2019-2024)
11.7.5 NAMSA Recent Development
11.8 Eurofins Scientific SE
11.8.1 Eurofins Scientific SE Company Detail
11.8.2 Eurofins Scientific SE Business Overview
11.8.3 Eurofins Scientific SE Medical Device Validation and Verification Introduction
11.8.4 Eurofins Scientific SE Revenue in Medical Device Validation and Verification Business (2019-2024)
11.8.5 Eurofins Scientific SE Recent Development
11.9 Charles River
11.9.1 Charles River Company Detail
11.9.2 Charles River Business Overview
11.9.3 Charles River Medical Device Validation and Verification Introduction
11.9.4 Charles River Revenue in Medical Device Validation and Verification Business (2019-2024)
11.9.5 Charles River Recent Development
11.10 Sterling Medical Devices
11.10.1 Sterling Medical Devices Company Detail
11.10.2 Sterling Medical Devices Business Overview
11.10.3 Sterling Medical Devices Medical Device Validation and Verification Introduction
11.10.4 Sterling Medical Devices Revenue in Medical Device Validation and Verification Business (2019-2024)
11.10.5 Sterling Medical Devices Recent Development
11.11 Pacific Biolabs
11.11.1 Pacific Biolabs Company Detail
11.11.2 Pacific Biolabs Business Overview
11.11.3 Pacific Biolabs Medical Device Validation and Verification Introduction
11.11.4 Pacific Biolabs Revenue in Medical Device Validation and Verification Business (2019-2024)
11.11.5 Pacific Biolabs Recent Development
11.12 Toxikon Corporation
11.12.1 Toxikon Corporation Company Detail
11.12.2 Toxikon Corporation Business Overview
11.12.3 Toxikon Corporation Medical Device Validation and Verification Introduction
11.12.4 Toxikon Corporation Revenue in Medical Device Validation and Verification Business (2019-2024)
11.12.5 Toxikon Corporation Recent Development
11.13 Steris Laboratories
11.13.1 Steris Laboratories Company Detail
11.13.2 Steris Laboratories Business Overview
11.13.3 Steris Laboratories Medical Device Validation and Verification Introduction
11.13.4 Steris Laboratories Revenue in Medical Device Validation and Verification Business (2019-2024)
11.13.5 Steris Laboratories Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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