Medical Device Validation Verification Market

U.S. Food and Drug Administration (FDA) and international regulatory standards continue to evolve and become more stringent. Medical devices are also becoming smaller and more complex in design, sometimes using advanced, engineered plastics. This makes the process of validation and verification (V&V) even more important?not only to comply with regulations, but also design the highest-quality part and production process. The result is better repeatability, fewer mistakes, less rework and redesign, faster time to market, improved competitiveness, and lower production costs.

Medical Device Validation Verification Market contains market size and forecasts of Medical Device Validation & Verification in Global, including the following market information:

Global Medical Device Validation & Verification Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Medical Device Validation & Verification market was valued at 588.4 million in 2021 and is projected to reach US$ 1016.6 million by 2028, at a CAGR of 8.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Diagnostics Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Medical Device Validation & Verification include SGS SA, QuEST Global Services Pte. Ltd, Intertek, Element Materials Technology, T?V S?D AG, North American Science Associates, Inc. (NAMSA), Eurofins Scientific SE, Charles River and Sterling Medical Devices, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Medical Device Validation & Verification companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Medical Device Validation & Verification Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Medical Device Validation & Verification Market Segment Percentages, by Type, 2021 (%)

Diagnostics

Therapeutic

Implants

Global Medical Device Validation & Verification Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Medical Device Validation & Verification Market Segment Percentages, by Application, 2021 (%)

Cardiovascular

Dermatology

Orthopedics

Nephrology

Respiratory

Neurology

Oncology

ENT

Others

Global Medical Device Validation & Verification Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Medical Device Validation & Verification Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Medical Device Validation & Verification revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Medical Device Validation & Verification revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

SGS SA

QuEST Global Services Pte. Ltd

Intertek

Element Materials Technology

T?V S?D AG

North American Science Associates, Inc. (NAMSA)

Eurofins Scientific SE

Charles River

Sterling Medical Devices

Pacific Biolabs

Toxikon Corporation

Steris Laboratories