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3. Medical Device Testing Component Companies - Eurofins Scientific (Luxembourg) and Intertek Group plc (UK) are the Key Players

The global medical device testing market is expected to be valued at USD 10.6 billion in 2023 and is projected to reach USD 13.5 billion by 2028; it is expected to grow at a CAGR of 4.9% from 2023 to 2028. Market participants have adeptly addressed rising medical device testing demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations.

Medical Device Testing companies include:

• SGS Société Générale de Surveillance SA. (Switzerland),
• Eurofins Scientific (Luxembourg),
• Bureau Veritas (France),
• TÜV Rheinland (Germany),
• TÜV SÜD (Germany),
• DEKRA (Germany),
• UL LLC (US),
• ASTM (US),
• Intertek Group plc (UK),
• Sotera Health (US),
• Element Material Technology (UK),
• Inotiv (US),
• Gateway Analytical (US),
• Medistri SA (Switzerland),
• North American Science Associates LLC (NAMSA) (US),
• Pace Analyticas Services, LLC (US),
• WuXi AppTec (China),
• Labcorp (US),
• Charles River Laboratories (US),
• Source BioScience (UK),
• NSF International (US),
• Biomedical Device Labs (US),
• Surpass, Inc. (US)
• The British Standards Institution (UK)

To know about the assumptions considered for the study download the pdf brochure

Eurofins Scientific (Luxembourg)

Eurofins Scientific, established in 1987 and headquartered in Luxembourg, UK, operates 310 laboratories in 39 countries across Europe, North America, South America, and the Asia Pacific region. It is a global life sciences company primarily focused on offering testing, laboratory, and support services to various industries such as pharmaceuticals, food, environmental, and consumer products, as well as governments. The company categorizes its services into six main segments: Bio-pharmaceutical services, Food and Feed Testing, Clinical Diagnostics, Environment Testing, Consumer Product Testing, and Eurofins Technologies. Within the Food and Feed Testing category, Eurofins Scientific provides testing services for food, environmental, pharmaceutical, cosmetic, and forensic products. It is a prominent player in genomics, clinical trial support, and contract development & manufacturing for biopharmaceuticals, ranking among the top providers globally. Eurofins holds a significant position in esoteric & molecular clinical diagnostic testing in Europe and the US.

Intertek Group plc (UK)

Intertek Group plc, headquartered in London, is a well-established global company specializing in Testing, Inspection, and Certification (TIC) services. Their expertise lies in ensuring the quality and safety of products, processes, and systems on a worldwide scale. Through their testing services, they verify that products adhere to high standards in terms of quality, health, environment, safety, and social responsibility. The company operates through three primary segments—Products, Trade, and Resources. Over the years, Intertek has demonstrated a strong commitment to providing testing and certification services, instilling confidence in their clients and assisting them in gaining a competitive edge. They actively work towards minimizing the adverse impact of various products and processes on both public health and the environment, advocating for sustainable and environmentally friendly practices. With a vast network of over 1,000 laboratories and offices across 100 countries, Intertek Group plc is a trusted partner in ensuring product quality and safety across diverse industries.

SGS Société Générale de Surveillance SA. (Switzerland)

SGS Société Générale de Surveillance SA (SGS) stands as a prominent industry leader providing comprehensive inspection, verification, testing, and certification services. Their primary focus is to ascertain that products or services offered by manufacturing companies align with both national and international regulations and standards. The inspection services offered by SGS SA serve to minimize product damage and financial risks, exercise control over product quality and production quantities, and ensure adherence to regulatory standards across diverse regional markets.

Related Reports:

Medical Device Testing Market by Service (Testing, Inspection, Certification), Sourcing (In-house, Outsourced), Technology (Active Implant, Active, Non-active, IVD, Ophthalmic, Orthopedic & Dental, Vascular), Class (I, II, III) – Global Forecast to 2028

Contact:
Mr. Aashish Mehra
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