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Global Medical Device Testing and Certification Market by Service Type (Testing Services, Inspection Services, Certification Services) by Sourcing Type (In-house, Outsourced) – Business Overview, Analysis and Industry Forecast 2017-2023

 Healthcare and Pharmaceuticals

Report Overview

Global Medical Device Testing and Certification Market was valued at USD XX Billion in the year 2017. Global Medical Device Testing and Certification market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023.

North America region holds the highest market share and is considered as the fastest growing market in the forecasted period. At the country level, U.S is the major market and is expected to grow with the highest CAGR of XX%.

SGS (Switzerland), Bureau Veritas (France), Intertek (UK), and DEKRA (Germany), and TÜV SÜD (Germany)are some of the major players in the global Medical Device Testing and Certification market.

Drivers:

The Race of Market vs More Regulatory Compliance

Restraints:

Barriers to Local Development of Medical Device Manufacturers

Opportunities:

Consolidation of Fragmented Market

Challenges:

Complex Nature of Global Supply Chains

The global Medical Device Testing and Certification market is segmented into service type, by sourcing type, by device class, by technology, and region. By service type, medical device testing market is the largest product type for Medical Device Testing and Certification and is expected to grow at the highest CAGR during the forecast period.

By, sourcing type, the medical device testing market for in-house sourcing type accounted for the largest share in 2017. By technology, the medical device testing market for IVD medical devices held the largest share in 2017.

Key Benefits for Stakeholders

Raw material and testing equipment suppliers

Research organizations

Original equipment manufacturers (OEMs)

Industry associations

Government & Regulatory agencies and organizations

By Service Type

Testing Services

Inspection Services

Certification Services

Other Services

By Sourcing Type

In-house

Outsourced

By Device Class

Class I

Class II

Class III

By Technology

Active Implant Medical Device

Active Medical Device

Non-Active Medical Device 

In-Vitro Diagnostic Medical Device

Ophthalmic Medical Device 

Orthopedic and Dental Medical Device 

Vascular Medical Device

Other Technologies

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

BSI

Dekra Testing and Certification GmbH

Eurofins Scientific

Institute for testing and Certification Inc.

Intertek Group PLC

SGS SA

TÜV Rheinland

UL LLC

Bureau Veritas

ASTM

(A brief overview of 10 companies is also provided in the report.)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.

Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Medical Device Testing and Certification Market, By Service Type

6.1 Testing Services

6.2 Inspection Services

6.3 Certification Services

6.4 Other Services

7. Medical Device Testing and Certification Market, By Sourcing Type

7.1 In-house

7.2 Outsourced

8. Medical Device Testing and Certification Market, By Device Class

8.1 Class I

8.2 Class II

8.3 Class III

9. Medical Device Testing and Certification Market, By Technology

9.1 Active Implant Medical Device

9.2 Active Medical Device

9.3 Non-Active Medical Device 

9.4 In-Vitro Diagnostic Medical Device

9.5 Ophthalmic Medical Device 

9.6 Orthopedic and Dental Medical Device 

9.7 Vascular Medical Device

9.8 Other Technologies

10. Geographical Analysis

10.1. Introduction

10.2. North America

       10.2.1. U.S.

       10.2.2. Canada

       10.2.3. Mexico

10.3. Europe

       10.3.1. U.K.

       10.3.2. Germany

       10.3.3. France

       10.3.4. RoE

10.4. Asia Pacific

       10.4.1. South Korea

       10.4.2. China

       10.4.3. Japan

       10.4.4. RoAPAC

10.5. RoW

       10.5.1. Latin America

       10.5.2. Middle East and Africa

11. Company Profiles

(Business Overview, Financial Overview, Product write up, Recent Developments)

11.1 BSI

11.2 Dekra Testing and Certification GmbH

11.3 Eurofins Scientific

11.4 Institute for testing and Certification Inc.

11.5 Intertek Group PLC

11.6 SGS SA

11.7 TÜV Rheinland

11.8 UL LLC

11.9 Bureau Veritas

11.10 ASTM

(A brief overview of 10 companies is also provided in the report.)

12. Competitive Analysis

12.1. Introduction

12.2. Market Positioning of Key Players

12.3 Competitive Strategies Adopted by Leading Players

        12.3.1. Investments & Expansions

        12.3.2. New Product Launches

        12.3.3. Mergers & Acquisitions

        12.3.4. Agreements, Joint Ventures, and Partnerships

13. Appendix

13.1. Questionnaire

13.2. Available Customizations 

13.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

* The list of tables and figures will be provided in the sample report.

Summary

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