AGP Picks View all

Medical device testing market seen topping $28 billion by 2035

7 hours ago

The global medical device testing services market is projected to grow from $11.80 billion in 2026 to $28.05 billion by 2035, according to Market Research Future. Stricter FDA cybersecurity rules, EU MDR recertification pressure and rising demand for connected and AI-enabled devices are expected to keep testing demand elevated. Why it matters: - Medical device testing has become a compliance bottleneck, not a discretionary spend. - The market’s growth reflects mandatory pre-market and post-market requirements for connected devices, higher-risk products and legacy devices moving through re-certification. - Faster testing demand can speed or slow device launches, depending on lab capacity and regulatory timelines. What happened: - Market Research Future said the global Medical Device Testing Services Market will grow from USD 11.80 billion in 2026 to USD 28.05 billion by 2035. - The forecast implies a 10.1% compound annual growth rate from 2026 to 2035. - The market base was estimated at USD 10.72 billion in 2025. - The estimate was published June 19, 2026. - The report points to FDA cybersecurity rules, EU MDR transition deadlines and growth in connected wearables and AI-enabled implantables as the main drivers. The details: - The FDA’s 2023 cybersecurity guidance requires software bill of materials and threat-model documentation for pre-market submissions involving connected functionality. - By early 2026, the FDA had authorized more than 1,350 AI-enabled medical devices. - The EU MDR’s Article 120 timeline forced an estimated 23,000 legacy devices through full re-certification by May 2024. - Medtech Europe reported a 42% shortfall in notified-body audit capacity in Q1 2025. - Biocompatibility testing was the largest service segment in 2024, with about 32.0% revenue share. - Electrical safety and EMC testing is forecast to grow fastest among service types, at 14.5% CAGR through 2035. - Pre-clinical testing held about 47.5% revenue share in 2024. - Post-market surveillance testing is expected to grow fastest among development phases, at 13.8% CAGR through 2035. - Class II devices accounted for about 55.0% of revenue in 2024. - Class III devices are projected to be the fastest-growing device class, at 14.8% CAGR through 2035. - Medical device OEMs held about 61.0% of revenue in 2024. - Contract research organizations are projected to be the fastest-growing end-user segment, at 12.8% CAGR through 2035. - North America led the market in 2024 with about 39.2% share. - The U.S. generated about 82.3% of North American revenue. - Europe ranked second with about 26.5% share in 2024. - Asia-Pacific is projected to be the fastest-growing region, at 13.0% CAGR through 2035. - China held about 34.6% of Asia-Pacific revenue. - Middle East and Africa accounted for 5.7% of the market in 2024. - South America was valued at USD 0.62 billion in 2025. - SGS SA and Bureau Veritas were highlighted among the leading players. - The top five companies held an estimated 32% to 36% combined revenue share. - The market’s Herfindahl-Hirschman Index was estimated at 600 to 900, pointing to moderate fragmentation. - The report says top-five concentration could rise above 40% by 2030 as mergers and scale economics favor larger lab networks. - The report’s future outlook says AI-integrated testing workflows and in-silico tools could reshape validation by 2030. - It also says machine-learning models could reduce animal-study requirements by 30% to 40% for qualifying materials by 2030. - Robotic sample handling and machine-learning anomaly detection could raise lab throughput by 40% to 50%. Between the lines: - The strongest demand is coming from regulation, not from broad healthcare spending cycles. - Large testing networks appear positioned to benefit most because they can cover multiple jurisdictions, accreditations and specialties at once. - Outsourcing pressure is rising as manufacturers avoid the cost of maintaining their own ISO 17025-accredited labs. - The report suggests post-market testing will become more important as regulators extend oversight beyond initial clearance. What’s next: - Testing labs are likely to see continued demand from FDA cybersecurity filings, MDR recertification work and connected-device launches. - Manufacturers are expected to lean more on third-party labs and CROs as compliance requirements widen. - Investment in automation and AI-driven workflows may become a competitive advantage for labs chasing higher throughput and shorter turnaround times. - The report links to the full market report and offers a free sample request .

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Healthcare Press Releases

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Healthcare Press Releases

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.