Southeast Asia Medical Device Testing And Certification Market Size & Outlook, 2025-2031
Southeast Asia Medical Device Testing And Certification Market Size
According to Straits Research analysis, the Southeast Asia Medical Device Testing and Certification Market was valued at USD 337.43 Million in 2024 and is projected to reach USD 511.04 Million by 2031, expanding at a CAGR of 6.1% during the forecast period. This growth is primarily driven by the increase in the agriculture and energy industries, which rely heavily on these services to ensure the safety and efficacy of their medical devices. The market is also fueled by technological advancements in testing methods and an increasing focus on sustainability and low-carbon production in the medical industry. Emerging trends in this market include an increased emphasis on green production techniques and the potential for export expansion. Southeast Asia is strategically positioning itself as a hub for medical device testing and certification, capitalizing on its manufacturing prowess and proactive regulatory environment.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia 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.
- In 2024, Southeast Asia accounted for 3.35% of the global medical device testing and certification market size.
- By 2031, United States is expected to lead the global medical device testing and certification market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional medical device testing and certification market size by 2031.
- India is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 2354.6 Million by 2031.
Southeast Asia 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 337.43 Million |
| Market Size In 2031 | USD 511.04 Million |
| Largest segment | Testing Services |
| Fastest segment | Certification Services |
| Units | Revenue in USD Million |
| CAGR | 6.1% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Southeast Asia 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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Southeast Asia Medical Device Testing And Certification Market By Service Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Medical Device Testing And Certification Market By Sourcing Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Medical Device Testing And Certification Market By Device Class 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Medical Device Testing And Certification Market By Technology 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
