South Africa Medical Devices Analytical Testing Outsourcing Market Size & Outlook
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South Africa medical devices analytical testing outsourcing market highlights
- The South Africa medical devices analytical testing outsourcing market generated a revenue of USD 61.5 million in 2023 and is expected to reach USD 96.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.6% 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.
Medical devices analytical testing outsourcing market data book summary
| Market revenue in 2023 | USD 61.5 million |
| Market revenue in 2030 | USD 96.3 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Other tests |
| Fastest growing segment | Other tests |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 1.0% of the global medical devices analytical testing outsourcing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa medical devices analytical testing outsourcing market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 45.0 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 |
South 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 18.37% in 2023. Horizon Databook has segmented the South 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.
- South 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
- South 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
- South Africa Medical Devices Analytical Testing Outsourcing Phase Outlook (Revenue, USD Million, 2018-2030)
- Preclinical
- Clinical
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Target buyers of South 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 country-level data and insights on the South Africa medical devices analytical testing outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical devices analytical testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa Services - Medical Devices Analytical Testing Outsourcing Market size, 2023 - 2030 (US$M)
South Africa Medical Devices Analytical Testing Outsourcing Market Outlook Share, 2023 & 2030 (US$M)
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