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Medical Device Validation & Verification Market by Therapeutic Area (Cardiovascular, Dermatology, ENT), Application (Diagnostics, Implants, Therapeutic), Technology - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 182 Pages
SKU # IRE18445839

Description

Medical Device Validation & Verification Market by Therapeutic Area (Cardiovascular, Dermatology, ENT), Application (Diagnostics, Implants, Therapeutic), Technology - Global Forecast 2024-2030


The Medical Device Validation & Verification Market size was estimated at USD 866.92 million in 2023 and expected to reach USD 970.23 million in 2024, at a CAGR 12.01% to reach USD 1,917.83 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Medical Device Validation & Verification Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Medical Device Validation & Verification Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Medical Device Validation & Verification Market, highlighting leading vendors and their innovative profiles. These include Bressler group, Celestica Inc., Charles River Laboratories Inc., Cigniti Technologies Limited, Eurofins Scientific SE, F. Hoffmann-La Roche Ltd, Fluke Corporation, Intertek Group PLC, Jabil Inc, Johnson & Johnson Services, Inc., Nordson Corporation, Pacific BioLabs, Inc., Plexus Corp., QuEST Global Services Pte. Ltd, and SGS SA.

Market Segmentation & Coverage

This research report categorizes the Medical Device Validation & Verification Market to forecast the revenues and analyze trends in each of the following sub-markets:

Therapeutic Area

Cardiovascular

Dermatology

ENT

Nephrology

Neurology

Oncology

Orthopedics

Respiratory
Application

Diagnostics

Implants
Active Implantable Medical Device
Medical Implants

Therapeutic
Technology

Biological

Electrical Safety Testing

EMC or ECI

Mechanical Testing
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Medical Device Validation & Verification Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Medical Device Validation & Verification Market?
3. What are the technology trends and regulatory frameworks in the Medical Device Validation & Verification Market?
4. What is the market share of the leading vendors in the Medical Device Validation & Verification Market?
5. Which modes and strategic moves are suitable for entering the Medical Device Validation & Verification Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

182 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Medical Device Validation & Verification Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need for validation and verification of medical devices for easy operations
5.1.1.2. Rising stringent regulatory standards in new medical devices
5.1.2. Restraints
5.1.2.1. Lack of special skills and training for the validation process
5.1.3. Opportunities
5.1.3.1. Continuous technological advancements in the healthcare sector for high standard end products
5.1.3.2. Advancements by integrating automated testing and powerful V&V tools
5.1.4. Challenges
5.1.4.1. Issues related to cybersecurity for regulators
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Medical Device Validation & Verification Market, by Therapeutic Area
6.1. Introduction
6.2. Cardiovascular
6.3. Dermatology
6.4. ENT
6.5. Nephrology
6.6. Neurology
6.7. Oncology
6.8. Orthopedics
6.9. Respiratory
7. Medical Device Validation & Verification Market, by Application
7.1. Introduction
7.2. Diagnostics
7.3. Implants
7.4.1. Active Implantable Medical Device
7.4.2. Medical Implants
7.4. Therapeutic
8. Medical Device Validation & Verification Market, by Technology
8.1. Introduction
8.2. Biological
8.3. Electrical Safety Testing
8.4. EMC or ECI
8.5. Mechanical Testing
9. Americas Medical Device Validation & Verification Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Medical Device Validation & Verification Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Medical Device Validation & Verification Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Bressler group
13.1.2. Celestica Inc.
13.1.3. Charles River Laboratories Inc.
13.1.4. Cigniti Technologies Limited
13.1.5. Eurofins Scientific SE
13.1.6. F. Hoffmann-La Roche Ltd
13.1.7. Fluke Corporation
13.1.8. Intertek Group PLC
13.1.9. Jabil Inc
13.1.10. Johnson & Johnson Services, Inc.
13.1.11. Nordson Corporation
13.1.12. Pacific BioLabs, Inc.
13.1.13. Plexus Corp.
13.1.14. QuEST Global Services Pte. Ltd
13.1.15. SGS SA
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET RESEARCH PROCESS
FIGURE 2. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, 2023 VS 2030
FIGURE 3. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET DYNAMICS
FIGURE 7. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY THERAPEUTIC AREA, 2023 VS 2030 (%)
FIGURE 8. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY THERAPEUTIC AREA, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 12. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. MEDICAL DEVICE VALIDATION & VERIFICATION MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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