Middle East & Africa Medical Devices Analytical Testing Outsourcing Market Size & Outlook
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MEA medical devices analytical testing outsourcing market highlights
- The MEA medical devices analytical testing outsourcing market generated a revenue of USD 297.2 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, other tests was the largest revenue generating services in 2023.
- Other tests is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 297.2 million |
| Market revenue in 2030 | USD 455.5 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Other tests |
| Fastest growing segment | Other tests |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.9% of the global medical devices analytical testing outsourcing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,637.2 million by 2030.
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Medical Devices Analytical Testing Outsourcing Market Scope
Medical Devices Analytical Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| Inotiv Inc | View profile | 2055 | 2701 Kent Avenue, West Lafayette, IN, United States, 47906 | https://www.inotivco.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
Middle East & Africa medical devices analytical testing outsourcing market outlook
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 devices analytical testing outsourcing market will help companies and investors design strategic landscapes.
Other tests was the largest segment with a revenue share of 18.24% in 2023. Horizon Databook has segmented the Middle East & Africa medical devices 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.
- Middle East & Africa Medical Devices Analytical Testing Outsourcing Services Outlook (Revenue, USD Million, 2018-2030)
- Bioanalytical Testing
- Method Development and Validation
- Stability Testing
- Other Testing Services
- Extractable and leachable
- Material characterization
- Physical testing
- Bioburden testing
- Sterility testing
- Other tests
- Middle East & Africa Medical Devices Analytical Testing Outsourcing Therapeutic Areas Outlook (Revenue, USD Million, 2018-2030)
- Cardiology
- Phase
- Preclinical
- Clinical
- Phase
- Oncology
- Phase
- Preclinical
- Clinical
- Phase
- Central Nervous System Conditions
- Phase
- Preclinical
- Clinical
- Phase
- Autoimmune Diseases
- Phase
- Preclinical
- Clinical
- Phase
- Others
- Phase
- Preclinical
- Clinical
- Phase
- Cardiology
- Middle East & Africa Medical Devices Analytical Testing Outsourcing Phase Outlook (Revenue, USD Million, 2018-2030)
- Preclinical
- Clinical
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Target buyers of Middle East & Africa medical devices analytical testing outsourcing market databook
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Our clientele includes a mix of medical devices analytical testing outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical devices analytical testing outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical devices analytical testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical devices analytical testing outsourcing market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Devices Analytical Testing Outsourcing Market Outlook Share, 2023 & 2030 (US$M)
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