UAE Medical Device Testing Services Market Size & Outlook
UAE medical device testing services market, 2018-2030 (US$M)
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UAE medical device testing services market highlights
- The UAE medical device testing services market generated a revenue of USD 2,358.8 million in 2023 and is expected to reach USD 4,479.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, biocompatibility tests was the largest revenue generating service in 2023.
- Chemistry Test is the most lucrative service segment registering the fastest growth during the forecast period.
Medical device testing services market data book summary
| Market revenue in 2023 | USD 2,358.8 million |
| Market revenue in 2030 | USD 4,479.8 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Biocompatibility tests |
| Fastest growing segment | Chemistry Test |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biocompatibility Tests, Chemistry Test, Microbiology & Sterility Testing, Package Validation |
| Key market players worldwide | SGS AG, Labcorp Holdings Inc, Sotera Health Co Ordinary Shares, Charles River Laboratories International Inc, NAMSA, Eurofins Scientific SE, Intertek Group PLC, Wuxi AppTec Co Ltd, TUV SUD, Element Materials Technology, Pace Analytical Services |
Other key industry trends
- In terms of revenue, UAE accounted for 344.5% of the global medical device testing services market in 2023.
- Country-wise, Australia is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE medical device testing services market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,479.8 million by 2030.
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Medical Device Testing Services Market Scope
Medical Device Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE medical device testing services 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 medical device testing services market will help companies and investors design strategic landscapes.
Biocompatibility tests was the largest segment with a revenue share of 50.36% in 2023. Horizon Databook has segmented the UAE medical device testing services market based on biocompatibility tests, chemistry test, microbiology & sterility testing, package validation covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE is one of the largest market in the MEA region with the majority of the market being dependent on imports and growing adoption of new medical technologies. Hence, the demand for various medical device testing services, such as biocompatibility tests, chemistry tests, microbiology & sterility tests, and package validation, is expected to grow in the foreseeable future.
In the UAE, the market is driven by the increasing developments of medical devices, partnerships with medical technology companies, and rapid launch of product in the country, thus making the market more competitive in the coming years.
In addition, growing demand for medical device services owing to advantages such as cost-effectiveness is expected to increase the demand for R&D in the country. Furthermore, the modest healthcare infrastructure in the UAE offers moderate opportunities in the medical device testing services market.
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Target buyers of UAE medical device testing services market databook
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Our clientele includes a mix of medical device testing services 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 UAE medical device testing services market , including forecasts for subscribers. This country databook contains high-level insights into UAE medical device testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE medical device testing services market size, by service, 2018-2030 (US$M)
UAE Medical Device Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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