Medical Device Testing Market to Reach $12.5 Billion by 2027, Growing at a CAGR of 4.7%
Medical Device Testing Market to Reach $12.5 Billion by 2027, Growing at a CAGR of 4.7% From 2020 With COVID-19 Impact
"The growth in this market is mainly driven by the increasing need for the validation and verification of medical devices and stringent government regulations and standards across medical devices and medical device technologies. Furthermore, growing medical device industry in emerging countries and the integration of mobile and medical devices are offering opportunities for the growth of this market. However, dynamic regulations/standards across regions and lack of testing facilities and skilled resources can obstruct market growth."