Preclinical medical device testing services market to hit $2.8b by 2035

Its expansion is attributed to increasing regulatory requirements.

The global preclinical medical device testing services market is projected to reach $2.8b by 2035 at a compound annual growth rate of 5.3%, according to Future Market Insights Global and Consulting Pvt. Ltd.

The sector’s expansion is attributed to increasing regulatory requirements, growing demand for advanced medical devices, and the need for comprehensive preclinical evaluations.

Moreover, the expansion of the healthcare sector and technological developments in testing methodologies are further driving market growth.

“As medical technology evolves, innovative testing solutions and outsourcing trends will play a pivotal role in ensuring regulatory compliance and accelerating time-to-market for novel devices,” Sabyasachi Ghosh, Associate Vice President at Future Market Insights, Inc., said.