Global Preclinical Medical Device Testing Services Market Size & Outlook
The preclinical medical device testing services industry worldwide is expected to reach a projected revenue of US$ 4,935.0 million by 2030. A compound annual growth rate of 8.7% is expected of the worldwide preclinical medical device testing services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,752.2
Forecast, 2030 (US$M)
$4,935.0
CAGR, 2024 - 2030
8.7%
Report Coverage
Worldwide
Global preclinical medical device testing services market, 2018-2030 (US$M)
Related Markets
Global preclinical medical device testing services market highlights
- The global preclinical medical device testing services market generated a revenue of USD 2,752.2 million in 2023 and is expected to reach USD 4,935.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of segment, microbiology & sterility testing accounted for a revenue of USD 941.7 million in 2023.
- Chemistry Test is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Malaysia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,752.2 million |
| Market revenue in 2030 | USD 4,935.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Microbiology & sterility testing |
| Fastest growing segment | Chemistry Test |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biocompatibility Tests, Chemistry Test, Microbiology & Sterility Testing, Package Validation |
Other key industry trends
- In terms of revenue, the North America accounted for 37.4% of the global preclinical medical device testing services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Malaysia is the fastest growing regional market and is projected to reach USD 30.6 million by 2030.
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Preclinical Medical Device Testing Services Market Scope
Preclinical medical device testing services market segmentation & scope
Service
Biocompatibility Tests
Chemistry Test
Microbiology & Sterility Testing
Bioburden Determination
Pyrogen & Endotoxin Testing
Sterility Test and Validation
Ethylene Oxide (EO) gas sterilisation
Gamma-irradiation
E-beam sterilisation
X-ray sterilisation
Antimicrobial activity testing
Others
Package Validation
Preclinical Medical Device Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global preclinical 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 preclinical medical device testing services market will help companies and investors design strategic landscapes.
microbiology & sterility testing was the largest segment with a revenue share of 34.22% in 2023. Horizon Databook has segmented the Global preclinical 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.
- Global Preclinical Medical Device Testing Services Service Outlook (Revenue, USD Million, 2018-2030)
- Biocompatibility Tests
- Chemistry Test
- Microbiology & Sterility Testing
- Bioburden Determination
- Pyrogen & Endotoxin Testing
- Sterility Test and Validation
- Ethylene Oxide (EO) gas sterilisation
- Gamma-irradiation
- E-beam sterilisation
- X-ray sterilisation
- Antimicrobial activity testing
- Others
- Package Validation
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Target buyers of Global preclinical medical device testing services market databook
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Our clientele includes a mix of preclinical 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 global-level data and insights on the Global preclinical medical device testing services market, including forecasts for subscribers. This global databook contains high-level insights into Global preclinical medical device testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global preclinical medical device testing services market
Global preclinical medical device testing services market, by region, 2023 (US$M)
Global preclinical medical device testing services market
Related regional statistics
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