Humanfactors engineering and usability testing have now become an essential part ofproduct design across almost all industries, offering developers the chance tooptimize proprietary products in alignment to the preferences of consumers
Roots Analysis has announced the addition of “Human Factors Engineering and Usability Testing Services Market for MedicalDevices, 2020-2030” reportto its list of offerings.
Given the growing regulatory stringency, there are a numberof medical devices recalls reported each year. Moreover, as such solutions aregradually becoming increasingly complex, it is imperative to identify potentialrisks / hazards, in order to guarantee safety to end users post product launch.This has led many device developers to resort to human factors engineering andusability testing. However, the aforementioned processes require specializedresources and expertise. Therefore, outsourcing this aspect of product designand development, has become common among industry stakeholders.
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Around105 companies / organizations claim to be engaged in offering human factorsengineering and usability testing services for medical devices
It is worth noting that this market is currently dominatedby the presence of small players (2 to 50 employees), which representmore than 67% of the players. Further, more than 50% of the firms engaged inproviding human factors engineering and usability testing services wereestablished post 2000.
Majority (57%) of the players engaged in this domain offerservices for hospital / laboratory equipment and instruments
Various companies (53%) engaged in this domain claim tooffer human factors engineering and usability testing services for diagnostic devices,followed by those providing support for drug delivery devices (44%), home usemedical devices (36%), clinical use devices (26%) and therapeutic devices(25%).
Morethan 90% companies provide design and development services for medical devices
Currently, over 80 players provide services for prototypedesign and development, while almost 70 firms offer services for interfacedevelopment. In addition, 83% service providers offer verification andvalidation services; of these 65% players provide services for both formativetesting and summative testing.
Implementationof human factors engineering and usability testing, at initial stages of devicedesign and development, has been demonstrated to enable significant costsavings
We believe that, by 2030, an increase in adoption (up to41%) of human factors engineering and usability testing services for medicaldevices is likely to be observed, resulting in savings worth USD 1.4 billion. Incorporation of such novel approaches isalso anticipated to help developers in achieving high return on investments, inthe range between 5:1 to 9:1.
By2030, the market is anticipated to be worth close to USD 1 billion, growing atan annualized rate of 14.2%.
Based on the revenues generated from different services forusability testing, currently, the maximum share is expected to be generatedthrough evaluative testing methodologies (61%), followed by generative testingmethodologies (39%).
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§ Who are the leading players providing human factorsengineering and usability testing services to medical device developers?
§ What is the cost associated with different steps of thehuman factors engineering and usability testing process for medical devices?
§ What kind of cost savings can be achieved through theadoption of the human factors engineering and usability testing approach formedical device development?
§ In the past, how has the adoption of human factorsengineering and usability testing approaches impacted medical device recallrates?
§ How do the guidelines for human factors engineering andusability testing for medical devices, differ across key global regions?
§ What are the prevalent and emerging trends within the humanfactors engineering and usability testing service providers market?
§ How is the recent COVID-19 pandemic likely to impact humanfactors engineering and usability testing services market?
§ How is the current and future opportunity likely to bedistributed across key market segments?
The USD 1 Billion (by 2030) financial opportunitywithin the human factors engineering and usability testing service providers markethas been analysed across the following segments:
§ Typeof tools used
§ Userisk analysis
§ Knownuse error analysis
§ Regulatorydocument preparation
§ Device class
§ Keygeographical regions
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Theresearch covers profiles of key players (mentioned below) that offer humanfactors engineering and usability testing services for medical devices; eachprofile features an overview of the company, details related to its humanfactors engineering and usability testing portfolio, recent developments and aninformed future outlook.
§ Human Factors Consulting Services
§ Human Factors MD
§ User wise
§ Austrian Center for Medical Innovation and Technology(ACIMT)
§ THAY Medical
§ Jonathan Bar-Or Industrial Design
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