Raghuraj Panchabhai
by on February 1, 2023

Medical Device Analytical Testing Outsourcing Industry Overview

The global medical device analytical testing outsourcing market size was valued at USD 5.0 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.1% over the forecast period. The key factors driving the market are complexity in product design, increased competition, an increase in the number of small-scale manufacturers of medical devices, and strict approval norms. The COVID-19 pandemic has emphasized the significance of developing novel low-cost medical equipment. This crisis has resulted in a global economic and health pandemic. As a result, several enterprises have shut down their manufacturing facilities and halted the majority of the manufacturing process.

Medical device TIC services have always been on the rise since they serve a crucial role in protecting consumers worldwide from hazardous and low-quality medical device products. For example, the demand for masks has increased as a result of COVID-19, and several countries have released appropriate specifications, such as UNE 0064-1, UNE 0065, and UNE 0064-2. Pricing pressure exists in developed countries, such as the U.S., thus operators are seeking ways to reduce costs throughout the value chain. On the other hand, the real potential resides in developing economies. However, developing regions are likely to be price-sensitive.

Gather more insights about the market drivers, restrains and growth of the Global Medical Device Analytical Testing Outsourcing market

As a result, market players are working hard to cut the overall cost of gadgets. Outsourcing analytical testing processes allows businesses to focus on product development and marketing initiatives. The COVID-19 pandemic has created a devastating impact on the healthcare industry. However, the market witnessed a considerably minimal negative impact in 2020 compared to other business domains. Moreover, the market even witnessed a significant surge in its growth rate in 2021, owing to the increasing focus on analytical testing of medical devices for COVID-19 infection.

The regulatory authorities also conduct routine post-market surveillance by charging the manufacturers a fee. The receipt of any complaints regarding the product’s flaws results in its removal from the market, demonstrating the stringency of these procedures. Personalized medicine, drug-device combinations, Artificial Intelligence (AI), wearables, and a greater emphasis on real-time patient monitoring have all resulted in a complicated medical device ecosystem. When it comes to chronic disease management, such as diabetes and Cardiovascular Diseases (CVDs), real-time patient monitoring, remote patient monitoring, and continuous patient monitoring are the primary areas of focus.

Browse through Grand View Research's 
Medical Devices Industry Research Reports.

  • Guidewires Market - The global guidewires market size was estimated at USD 1.89 billion in 2018 and is projected to expand at a CAGR of 6.3% over the forecast period. Rising preference for minimally invasive surgical procedures owing to advantages such as smaller incisions, faster recovery time, and reduced pain is boosting the growth.


  • Artificial Tendons and Ligaments Market - The global artificial tendons and ligaments market size was estimated at USD 18.8 million in 2018 and is expected to exhibit a CAGR of 11.3% over the forecast period. Increasing incidence of sports injuries is the key factor driving the market.


Medical Device Analytical Testing Outsourcing Market Segmentation

Grand View Research has segmented the global medical device analytical testing outsourcing market based on services, device type, end-use, therapeutic areas, and region:

Medical Device Analytical Testing Outsourcing Services (Revenue, USD Million, 2018 - 2030)

  • Extractable & Leachable
  • Material Characterization
  • Physical Testing
  • Bioburden Testing
  • Sterility Testing
  • Other Tests

Medical Device Analytical Testing Outsourcing Device Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Reprocessed Devices
  • Others

Medical Device Analytical Testing Outsourcing End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospital
  • Others

Medical Device Analytical Testing Outsourcing Therapeutic Areas Outlook (Revenue, USD Million, 2018 - 2030)

  • Cardiology
  • Diagnostic Imaging
  • Orthopedic
  • IVD
  • Ophthalmin
  • General & Plastic Surgery
  • Drug Delivery
  • Endoscopy
  • Dental
  • Diabetes Care
  • Others

Medical Device Analytical Testing Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Market Share Insights

  • November 2018: the company opened its new medical device testing center in Suzhou, China. The new medical device testing center occupies a 15,000-square-meter facility.

Key Companies profiled:

Some of the prominent players in the global medical device analytical testing outsourcing market include:

  • SGS
  • Toxikon, Inc
  • Eurofins Scientific
  • Pace Analytical Services LLC
  • Intertek Group plc
  • Wuxi AppTec
  • North American Science Associates, Inc.
  • Envigo
  • Charles River Laboratories International, Inc.
  • Medical Device Testing Services

Order a free sample PDF of the Medical Device Analytical Testing Outsourcing Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.


Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519



Follow Us: LinkedIn | Twitter


Post in: business
Be the first person to like this.
Page generated in 0.3116 seconds with 17 queries and GZIP enabled on