Market Definition
Biomedical testers are designed to help healthcare professionals in the validation and maintenance of medical devices. The biomedical testers are used to perform test research validation, biomedical research and development of biomedical devices.
Market Dynamics
Increasing development of advanced biomedical tester and upgradation in software is fueling the market demand. For instance, Fluke Biomedical has added new product in ProSim family of patient monitor quality-assurance testing and troubleshooting tools. Fluke has introduced SPOT Light SpO2 Functional Tester. The new ProSim SPOT Light is the fastest SpO2 functional tester and is designed for pulse oximeter functional testing. SPOT Light send SpO2 saturation, perfusion, transmission, artifact noise, heart rate, and eight different custom r-curves to a pulse oximeter or patient monitor with accuracy. The companies are developing and upgrading software related to the biomedical tester, which has increased the efficiency of the biomedical tester. For instance, Fluke Biomedical has introduced the Ansur plug-ins for BP Pump 2, NIBP Simulator and Impulse 4000, Defib/transcutaneous pacemaker analyzer. Ansur improves repeatability, productivity, and testing quality using a single human interface with many different mainframe testers. Further, increasing regulatory approval of biomedical tester is a key driving factor of the market. For instance, Netech has introduced its new defibrillator/pacemaker analyzer, the Delta 3300. The Delta 3300 is approved by the United States Food and Drug Administration (FDA) 510(k). The Delta 3300 is for testing and validating the functions of semi and automated defibrillators. It measures both monophasic and biphasic waveforms. However, challenges associated with the biomedical tester might hamper market growth. The increasing upgradation of biomedical tester software has raised the requirement of a skilled professional, but the lack of skilled professionals for the use of biomedical tester might restrict market growth. Moreover, the rising demand for a biomedical tester in the emerging market would provide lucrative opportunities for the market in the coming years.
Market Segmentation
The global biomedical tester market is mainly classified based on device type, test type, and end user. Device type is further segmented into Electrosurgery Analyzer, Patient Monitor Simulators, Infusion Pump Analyzer, Defibrillator Analyzer, Portable Oscilloscopes, and Others. By test type, the market is divided into Performance Testing, Verification Testing, And Functionality Testing. By end user, the market is further divided into Healthcare sector, Educational Institutes, R&D laboratories, and Others.
Defibrillator Analyzer has shown significant growth in 2019, owing to the continuous research and development activities for the advanced biomedical tester, the agreement between companies to jointly develop and market biomedical tester to expand their presence in the market, increasing regulatory approval of biomedical tester, and commercialization of advanced biomedical tester. For instance, Rigel Medical has introduced the UniPulse 400 defibrillator analyser with built-in pacer functionality designed to provide quick and efficient testing. The UniPulse 400 is built to display highly accurate results in exhaustive detail. The UniPulse 400 is an ideal solution for busy engineers testing multiple machines at once.
Based on application, Functionality testing was dominating the biomedical tester market in 2019, owing to the rising need of biomedical tester with test functions for patient monitors, ECG recorders, and blood pressure cuffs, and commercialization of new biomedical tester for functionality testing. For instance, METRAWATT has introduced the SECULIFE BP PRO to test functions for patient monitors, blood pressure cuffs and ECG recorders. SECULIFE BP PRO is all-in-one simulator combines the functions of an ECG simulator. The SECULIFE BP PRO has patient ports for 12 lead ECG waveforms and arrhythmias.
Regional Analysis
Based on geography, the global biomedical tester market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
North America was dominating the biomedical tester market in 2019, due to the growing healthcare sector and strong customer base in the U.S., the partnership between companies to develop and market its biomedical tester at the global scale, the strategic alliance between companies, increasing commercialization of regulatory approved biomedical tester, and acquisition to expand the portfolio of the biomedical tester. For instance, Fluke Corp. has acquired Ismaning, a market leader in precision laser shaft alignment, vibration analysis, destruction-free testing and condition monitoring. The acquisition will help the company to improve and provide advanced biomedical tester.
Competitive landscape
Key players operating in the biomedical tester industry include NETECH CORPORATION, Fortive, METRAWATT International, Datrend Systems, BDC Laboratories, Illinois Tool Works, Seaward Electronic, Presto Group, Southeastern Biomedical, Response Biomedical Corp., and Dynatech CBET.
The major players in the market offer biomedical tester with user-friendly features, easy portability, simple and quick installation, visible and remote display, reduced cost to expand their market presence and increase revenue. The collaboration between companies to market biomedical tester at the global market, rising research and development activities of the biomedical tester and increasing commercialization of biomedical tester are some of the strategies adopted by the major players. For instance, October 24, 2019, Sartorius Stedim Biotech (SSB) has introduced its new Sartocheck 5 Plus filter integrity tester. Sartocheck 5 Plus is designed for use in downstream processing. Sartocheck 5 Plus features advanced functions for ensuring maximum data integrity and compliance with future requirements of quality risk management.
Biomedical Tester Market Key Segments:
By Device Type
- Electrosurgery Analyzer
- Patient Monitor Simulators
- Infusion Pump Analyzer
- Defibrillator Analyzer
- Portable Oscilloscopes
- Others
By Test Type
- Performance Testing
- Verification Testing
- Functionality Testing
By End User
- Healthcare Sector
- Educational Institutes
- R&D Laboratories
- Others
Key Global Biomedical Tester Industry Players
- NETECH CORPORATION
- Fortive
- METRAWATT International
- Datrend Systems
- BDC Laboratories
- Illinois Tool Works
- Seaward Electronic
- Presto Group
- Southeastern Biomedical
- Response Biomedical Corp.
- Dynatech CBET
What Report Provides
- Full in-depth analysis of the parent Industry
- Important changes in market and its dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional growth potential