Australia Medical Device Testing Market to 2032
Overview
The Australia Medical Device Testing Market is expected to reach a 141.34 USD Million by 2032 and is projected to grow at a CAGR of 15.08% from 2025 to 2032.
Revenue, 2024 (USD Million)
62.97
Forecast, 2032 (USD Million)
141.34
CAGR, 2024 - 2032
15.08%
Report Coverage
Australia
Australia Medical Device Testing Market 2018-2032 USD Million
Australia Medical Device Testing Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 62.97 USD Million
- Projected Market Size (2032): 141.34 USD Million
- CAGR (2025-2032): 15.08%
Key Findings of Australia Medical Device Testing Market
- The Australia Medical Device Testing Market was valued at 62.97 USD Million in 2024.
- The Australia Medical Device Testing Market is likely to grow at a CAGR of 15.08% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Preclinical in Phase Segment accounted for the largest share of the market with a revenue of 50.56 USD Million
- The fastest growing segment Non Active Medical Device in Product Segment grew Fastest with a CAGR of 17.95% during the forecast period from 2024 to 2032.
Australia Medical Device Testing Market Scope
Australia Medical Device Testing Market Segmentation & Scope
Testing Type
- Others
- Cybersecurity Testing
- Physical Testing
- Microbiology and Sterility Testing
- Chemical/Biological Testing
Service Type
- Certification Services
- Inspection Services
- Testing Services
Phase
- Clinical
- Preclinical
Product
- Ophthalmic Medical Device
- In Vitro Diagnostic Medical Device
- Active Medical Device
- Vascular Medical Device
- Others
- Active Implant Medical Device
- Orthopedic and Dental Medical Device
- Non Active Medical Device
Device Class
- Class II
- Class III
- Class I
Sourcing Type
- In-House
- Outsourced
Australia Medical Device Testing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 62.97 USD Million |
| Market Value in 2032 | 141.34 USD Million |
| CAGR (2025-2032) | 15.08% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Testing Type,Service Type,Phase,Product,Device Class,Sourcing Type |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 62.97 USD Million in 2024
- Key Country: Australia, leading in terms of revenue with value of 62.97 USD Million in 2024.
Segments and Scope
-
Australia Medical Device Testing Market to 2032, By Testing Type
- Chemical/Biological Testing is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 23.33 USD Million in the year 2024.
- Cybersecurity Testing is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 15.73 % in forecast period 2025-2032.
-
Australia Medical Device Testing Market to 2032, By Service Type
- Testing Services is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 44.34 USD Million in the year 2024.
- Testing Services is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 15.54 % in forecast period 2025-2032.
-
Australia Medical Device Testing Market to 2032, By Phase
- Preclinical is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 50.56 USD Million in the year 2024.
- Preclinical is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 15.72 % in forecast period 2025-2032.
-
Australia Medical Device Testing Market to 2032, By Product
- Non Active Medical Device is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 20.00 USD Million in the year 2024.
- Non Active Medical Device is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 17.95 % in forecast period 2025-2032.
-
Australia Medical Device Testing Market to 2032, By Device Class
- Class I is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 27.49 USD Million in the year 2024.
- Class I is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 16.27 % in forecast period 2025-2032.
-
Australia Medical Device Testing Market to 2032, By Sourcing Type
- Outsourced is the largest segment in Australia Medical Device Testing Market to 2032 with a revenue of 46.60 USD Million in the year 2024.
- Outsourced is the Fastest growing segment in Australia Medical Device Testing Market to 2032 with a Growth rate of 15.43 % in forecast period 2025-2032.
Australia Medical Device Testing Market Company Share Analysis
| Company Name |
|
||
| North American Science Associates, LLC | |||
| Laboratory Corporation of America Holdings | |||
| TÜV SÜD | |||
| WuXi AppTec | |||
| SGS Société Générale de Surveillance SA | |||
Australia Medical Device Testing Market Geographical Sales Distribution, 2018-2032 USD Million
Australia Medical Device Testing Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Medical Device Testing Market is segmented based on Segmentation Testing Type,Service Type,Phase,Product,Device Class,Sourcing Type.
Australia Medical Device Testing Market was valued at USD 62.97(Revenue in USD Million) in 2021.
Australia Medical Device Testing Market is projected to grow at a CAGR of 15.08% during the forecast period of 2024 to 2032.
The Preclinical segment is expected to dominate the Australia Medical Device Testing Market, holding a largest market share of 50.56 USD Million in 2024
Australia Medical Device Testing Market Scope
Australia Medical Device Testing Market Segmentation & Scope
Testing Type
- Others
- Cybersecurity Testing
- Physical Testing
- Microbiology and Sterility Testing
- Chemical/Biological Testing
Service Type
- Certification Services
- Inspection Services
- Testing Services
Phase
- Clinical
- Preclinical
Product
- Ophthalmic Medical Device
- In Vitro Diagnostic Medical Device
- Active Medical Device
- Vascular Medical Device
- Others
- Active Implant Medical Device
- Orthopedic and Dental Medical Device
- Non Active Medical Device
Device Class
- Class II
- Class III
- Class I
Sourcing Type
- In-House
- Outsourced
Frequently Asked Questions
The Australia Medical Device Testing Market is segmented based on Segmentation Testing Type,Service Type,Phase,Product,Device Class,Sourcing Type.
Australia Medical Device Testing Market was valued at USD 62.97(Revenue in USD Million) in 2021.
Australia Medical Device Testing Market is projected to grow at a CAGR of 15.08% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Medical Device Testing Market for final year is USD 141.34 (USD Million).
Australia Medical Device Testing Market Company Profiling
Frequently Asked Questions
The Australia Medical Device Testing Market is segmented based on Segmentation Testing Type,Service Type,Phase,Product,Device Class,Sourcing Type.
Australia Medical Device Testing Market was valued at USD 62.97(Revenue in USD Million) in 2021.
Australia Medical Device Testing Market is projected to grow at a CAGR of 15.08% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Medical Device Testing Market for final year is USD 141.34 (USD Million).
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