Global Medical Device Testing And Certification Market Size & Outlook, 2025-2031
Global Medical Device Testing And Certification Market Size
According to Straits Research analysis, the Global Medical Device Testing and Certification Market was valued at USD 10070.24 Million in 2024 and is projected to reach USD 14232.14 Million by 2031 expanding at a CAGR of 5% during the forecast period. The driving demand is predominantly from healthcare industry due to rising safety standards, stringent regulations and growing advancements in medical devices with complex functionalities. Technologies such as IoT and AI are fostering testing trends that ensure devices meet regulatory compliance. Opportunities in green production and sustainability have also begun to surface, leading the pathway for low-carbon production in the device testing industry. The Asia-Pacific region, due to its large patient pool and rapid technological advancements, is strategically positioning itself for dominance in this market, indicating a bright future for the medical device testing and certification sector.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Device Testing And Certification Market Highlights
- In 2024, Testing Services accounted for the highest share of the Service Type market size.
- During the forecast period, Certification Services is set to register the highest growth, making it the most lucrative Service Type segment.
- Global accounted for % 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 Global, Europe is forecasted to dominate the regional medical device testing and certification market size by 2031.
- Asia Pacific will be the fastest-growing market in Global, projected to achieve USD 9343.52 Million by 2031.
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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 10070.24 Million |
| Market Size In 2031 | USD 14232.14 Million |
| Largest segment | Testing Services |
| Fastest segment | Certification Services |
| Units | Revenue in USD Million |
| CAGR | 5% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Global Medical Device Testing And Certification Market Share By Service Type
Segmentation Covered
| Segments | Sub Segments |
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| Region |
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| Service Type |
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| Sourcing Type |
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| Device Class |
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| Technology |
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Global Medical Device Testing And Certification Market By Region 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Device Testing And Certification Market By Service Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Device Testing And Certification Market By Sourcing Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Device Testing And Certification Market By Device Class 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Device Testing And Certification Market By Technology 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
