To say that 2018 marks a monumental year for BC Group International would be a vast understatement: The St. Charles, Mo.-based company—which distinguishes itself as a leading provider of biomedical test equipment and measurement equipment for the global medical device technical services marketplace—celebrates 30 years in operation this year.

In this article, Greg Alkire, vice president of sales and marketing at Sun Valley, Calif.-based Pronk Technologies, sits down with 24×7 Magazine to discuss how innovation—and a little out-of-the-box thinking—led to the creation of Pronk and why HTM professionals are now being tasked with more responsibilities than ever before.

It’s one of the biggest challenges biomeds face: The relentless need for medical device testing—for ensuring that everything is working as intended in order to guarantee the highest standards of patient care. With that in mind, we reached out to three biomedical test product companies and asked them about their latest innovations and how they might help HTM teams do their jobs. Here’s what they told us.

According to a new report by MarketsandMarkets, the global medical device testing market is projected to surge from its current $8.56 billion valuation to $12.26 billion by 2023, growing at a compound annual growth rate of 6.18%.

According to a new report, the test and measurement equipment market is slated to grow from its current $23.51 billion valuation to $28.98 billion by 2023, at a CAGR of 3.55%. The healthcare test and measurement equipment market is projected to see a large percentage of this growth.