Medical Device Testing And Certification Market To Expand At A Cagr Of 4.3%

The medical device testing and certification market is expected to grow due to increasing regulations for medical devices and the growing geriatric population. Stringent regulations around the world require thorough testing and certification of medical devices before they can be marketed or sold. This includes the U.S. Food and Drug Administration’s Medical Device Amendment and the European Union’s Medical Device Regulation. This has led to a demand for medical device testing services. The market is forecasted to reach US$ 13,550.8 Mn by 2030 at a CAGR of 4.3% between 2023 and 2030.