Market revenue in 2024 | USD 2,025.5 million |
Market revenue in 2030 | USD 3,213.9 million |
Growth rate | 8.1% (CAGR from 2025 to 2030) |
Largest segment | Other tests |
Fastest growing segment | Other tests |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Extractable and leachable, Material characterization, Physical testing, Bioburden testing, Sterility testing, Other tests |
Key market players worldwide | SGS AG, Labcorp Holdings Inc, Eurofins Scientific SE, Intertek Group PLC, Wuxi AppTec Co Ltd, Inotiv Inc, Charles River Laboratories International Inc, Pace Analytical Services, NAMSA, Medical Device Testing Services |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device analytical testing outsourcing market will help companies and investors design strategic landscapes.
Other tests was the largest segment with a revenue share of 20.1% in 2024. Horizon Databook has segmented the Europe medical device analytical testing outsourcing market based on extractable and leachable, material characterization, physical testing, bioburden testing, sterility testing, other tests covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of existing players, combined with superior manufacturing capabilities, will drive market growth. Furthermore, increased investments by multinational corporations are expected to drive market growth.
Rising demand for cost-cutting and increasing complexity in product designing are among highimpact rendering drivers of medical device analytical testing outsourcing market in Europe. Over the last two decades, there has been a steady increase in outsourcing services for contract manufacturers and component suppliers.
Notified bodies, such as the European Medical Device Regulation (MDR), are also involved in the examination of outsourced medical devices. The MDR also places additional burden on manufacturers and suppliers by conducting unannounced audits for contract manufacturing.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical device analytical testing outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical device analytical testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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