The invention discloses a pressure circulation service life testing system and method. According to the typical embodiment, a vibrating platform is provided as a power source, a hydraulic cylinder is provided as a transmission element, a piston is arranged in the hydraulic cylinder, the piston is in transmission connection with a moving component of the vibrating platform through a piston rod, air is filled into a hydraulic cylinder inner cavity located on one side, close to the vibrating platform, of the piston, a hydraulic cylinder inner cavity located on the other side of the piston is communicated with an accumulator liquid cavity, and water is filled into the hydraulic cylinder inner cavity located on the other side of the piston and into the accumulator liquid cavity. The vibrating platform is started, through motion of the moving component of the vibrating platform, water filled into the hydraulic cylinder and the accumulator liquid cavity is made to extrude an accumulator air cavity to form pressure fluctuation. The pressure circulation service life testing system can adapt to different pressure fluctuation amplitudes and frequencies conveniently by adjusting the output displacement and the frequency of the vibrating platform, so that high control precision of the pressure fluctuation is guaranteed, and the system is simple in structure, low in assembly and maintenance cost and easy to operate.