Singapore Healthcare Testing, Inspection And Certification Outsourcing Market Size & Outlook
Singapore healthcare testing, inspection and certification outsourcing market, 2018-2030 (US$M)
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Singapore healthcare testing, inspection and certification outsourcing market highlights
- The Singapore healthcare testing, inspection and certification outsourcing market generated a revenue of USD 38.3 million in 2022 and is expected to reach USD 86.2 million by 2030.
- The Singapore market is expected to grow at a CAGR of 10.7% from 2023 to 2030.
- In terms of segment, testing was the largest revenue generating services in 2022.
- Certification is the most lucrative services segment registering the fastest growth during the forecast period.
Healthcare testing, inspection and certification outsourcing market data book summary
| Market revenue in 2022 | USD 38.3 million |
| Market revenue in 2030 | USD 86.2 million |
| Growth rate | 10.7% (CAGR from 2022 to 2030) |
| Largest segment | Testing |
| Fastest growing segment | Certification |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Testing, Inspection, Certification |
| Key market players worldwide | SGS AG, Intertek Group PLC, Eurofins Scientific SE, ALS Ltd, Applus Services SA, DEKRA Certification, UL Solutions, Nemko Group, Element Materials Technology, CSA Group |
Other key industry trends
- In terms of revenue, Singapore accounted for 1.0% of the global healthcare testing, inspection and certification outsourcing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China healthcare testing, inspection and certification outsourcing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 162.3 million by 2030.
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Healthcare Testing, Inspection And Certification Outsourcing Market Scope
Healthcare Testing, Inspection And Certification Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Singapore healthcare testing, inspection and certification outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare testing, inspection and certification outsourcing market will help companies and investors design strategic landscapes.
Testing was the largest segment with a revenue share of 64.23% in 2022. Horizon Databook has segmented the Singapore healthcare testing, inspection and certification outsourcing market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Singapore healthcare testing, inspection and certification outsourcing market databook
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Our clientele includes a mix of healthcare testing, inspection and certification outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Singapore healthcare testing, inspection and certification outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into Singapore healthcare testing, inspection and certification outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore healthcare testing, inspection and certification outsourcing market size, by services, 2018-2030 (US$M)
Singapore Healthcare Testing, Inspection And Certification Outsourcing Market Outlook Share, 2022 & 2030 (US$M)
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