Malaysia Preclinical Medical Device Testing Services Market Size & Outlook
Malaysia preclinical medical device testing services market, 2018-2030 (US$M)
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Malaysia preclinical medical device testing services market highlights
- The Malaysia preclinical medical device testing services market generated a revenue of USD 21.5 million in 2023 and is expected to reach USD 30.6 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, microbiology & sterility testing was the largest revenue generating service in 2023.
- Biocompatibility Tests is the most lucrative service segment registering the fastest growth during the forecast period.
Preclinical medical device testing services market data book summary
| Market revenue in 2023 | USD 21.5 million |
| Market revenue in 2030 | USD 30.6 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Microbiology & sterility testing |
| Fastest growing segment | Biocompatibility Tests |
| 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, Eurofins Scientific SE, Pace Analytical Services, Intertek Group PLC, Wuxi AppTec Co Ltd, Sotera Health Co Ordinary Shares, Charles River Laboratories International Inc, NAMSA |
Other key industry trends
- In terms of revenue, Malaysia accounted for 0.8% of the global preclinical medical device testing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan preclinical medical device testing services market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 35.9 million by 2030.
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Preclinical Medical Device Testing Services Market Scope
Preclinical Medical Device Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Malaysia 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 34.42% in 2023. Horizon Databook has segmented the Malaysia 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.
- Malaysia 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 Malaysia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia preclinical medical device testing services market, including forecasts for subscribers. This country databook contains high-level insights into Malaysia preclinical medical device testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia preclinical medical device testing services market
Malaysia Preclinical Medical Device Testing Services Market Share, 2023 & 2030 (US$M)
Malaysia preclinical medical device testing services market
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