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Changes in Regulatory Compliances Driving the Growth of Global Medical Devices Testing Services Market

 According to a new market intelligence report by BIS Research titled ‘Global Medical Devices Testing Services Market − Analysis and Forecast, 2019-20229’, The global medical device market was valued at $459.19 billion in 2018 and is estimated to reach $584.91 billion by 2022.

BIS Research Report: https://bisresearch.com/industry-report/medical-devices-testing-services-market.html

The global medical devices testing services market witnessed rapid growth from 2015 to 2018, registering a historic CAGR of from 2015-2018. The overall healthcare testing service provider sector is currently facing significant changes in its market dynamics as new methodologies, technologies, and practices are currently being introduced in the market. This sector is going through a period of amendments, driven by increased pace of medical device regulatory changes and requirements. However, factors such as barriers to innovation in the medical device industry, are hindering the overall medical devices testing services market. 

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management. 

What distinguishes BIS Research from the rest of the players is that we don’t simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

 

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