U.S. Medical Device Testing Services Market Size & Outlook
U.S. medical device testing services market, 2018-2030 (US$M)
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U.S. medical device testing services market highlights
- The U.S. medical device testing services market generated a revenue of USD 314.1 million in 2023 and is expected to reach USD 640.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.7% 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 314.1 million |
| Market revenue in 2030 | USD 640.8 million |
| Growth rate | 10.7% (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, U.S. accounted for 45.9% 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 North America, Canada medical device testing services market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 640.8 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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U.S. 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 50.24% in 2023. Horizon Databook has segmented the U.S. 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 U.S. was the largest market in North America and held 86.68% of the market share. This can be attributed to the presence of established companies offering medical device testing services for medical devices within the U.S.
Moreover, medical device testing services enable medical device companies to focus on their core capabilities, share associated risks, and improve device delivery, which helps companies gain competitive advantages.
For instance, some of the companies providing medical device testing services in the U.S. region are Alliance Technologies, LLC; Aria Diagnostics; ANAMA Package & Container Testing Services, Inc.; Avomeen Analytical Services; BioConvergence LLC; and Cornerstone Analytical Laboratories.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. medical device testing services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical device testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical device testing services market size, by service, 2018-2030 (US$M)
U.S. Medical Device Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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