Medical Device Testing Market - Global Opportunity Analysis and Industry Forecast (2020-2027)
Meticulous Research® – a leading global market research company, published a research report titled “ Medical Device Testing Market by Service Type (Testing, & Certification) Location, Technology (Active Implant, Active Medical, In-Vitro Diagnostic, Ophthalmic, Orthopedic and Dental, Vascular), Device Class, and Geography – Global Forecast to 2027” According to this latest publication from Meticulous Research, the medical device testing market is expected to grow at a CAGR of 4.7% from 2020 to 2027 to reach $12.5 billion by 2027. The growth in this market is mainly driven by the increasing need for the validation and verification of medical devices and stringent government regulations and standards. Furthermore, growing medical device industries in emerging countries and the integration of mobile and medical devices are offering prominent opportunities for market growth. However, dynamic regulations/standards across regions and lack of testing facilit...