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News  ›  GlobeNewswire Inc.

Medical Device Testing Market Expected to Surpass USD 24.32 Billion by 2034

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Towards Healthcare
Medical Device Testing Market Expected to Surpass USD 24.32 Billion by 2034

The global medical device testing market is projected to grow from $9.84 billion in 2024 to $24.32 billion by 2034, driven by increasing regulatory requirements, technological advancements, and demand for high-quality medical devices.

Insights
PLTR   neutral

Strong business model with sticky customer base, but overvalued at 224x 2026 earnings, limiting potential future stock price appreciation


SMMNY   positive

Launched new hemostasis systems for coagulation testing, indicating technological innovation and market expansion