Australia Medical Device Testing And Certification Market Size & Outlook, 2025-2031
Australia Medical Device Testing And Certification Market Size
According to Straits Research analysis, the Australia Medical Device Testing And Certification Market was valued at USD 101.43 Million in 2024 and is projected to reach USD 147.89 Million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is driven by the rising demand in sectors such as healthcare, pharmaceuticals, and biotechnology. Strict regulatory standards in medical device production and increased focus on patient safety are compelling industries to seek advanced testing and certification services. The journey towards sustainable and green production is also paving the way for technological advancements in the field, creating further opportunities. Australia, with its robust regulatory framework, strong healthcare sector, and focus on tech innovation, is aptly positioned to seize this escalating market demand.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Medical Device Testing And Certification Market Highlights
- Testing Services held the leading position among Service Type segments in 2024, based on market size.
- Certification Services is projected to post the fastest growth rate, sustaining its position as the most attractive Service Type segment during the forecast horizon.
- Australia accounted for 1.01% of the global medical device testing and certification market size in 2024.
- By 2031, United States is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional medical device testing and certification market size by 2031.
- India will be the fastest-growing market in Asia Pacific, projected to achieve USD 2354.6 Million by 2031.
Australia Medical Device Testing And Certification Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2031 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2031 |
| Market Size In 2024 | USD 101.43 Million |
| Market Size In 2031 | USD 147.89 Million |
| Largest segment | Testing Services |
| Fastest segment | Certification Services |
| Units | Revenue in USD Million |
| CAGR | 5.5% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Medical Device Testing And Certification Market Share By Service Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Service Type |
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| Sourcing Type |
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| Device Class |
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| Technology |
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Australia Medical Device Testing And Certification Market By Service Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Medical Device Testing And Certification Market By Sourcing Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Medical Device Testing And Certification Market By Device Class 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Medical Device Testing And Certification Market By Technology 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
