Medical Devices Vigilance Market Analysis Focusing on Top Key Players – AB-Cube, AssurX, Oracle, Sparta Systems, Xybion, Sarjen Systems, ZEINCRO, MDI Consultants, INTEL, Omnify Software and Numerix

Global Medical Devices Vigilance Market size Report provides complete industry analysis, Market size outlook, size, growth, opportunities and forecast 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecast. It provides top manufacturer’s information along with Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and growth.

On-premise delivery mode segment will witness 6.6% CAGR during analysis timeframe. On-premise software runs on customers system and runs a setup with upgrade options. Availability of software offering combined innovative software and hardware with latest technology thus on-premise software has demand from healthcare organizations, this will drive the segmental growth.

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Increasing R&D activities in medical devices vigilance industry leading to the development of innovative and better solutions will drive the industry growth. For instance, AB-cube developed SafetyEasy software that is compliant with XML file, provides dictionary coding and enables easy data analysis. Development of such software solutions will increase its demand in upcoming years.

Diagnostic application segment held 32.5% revenue share in 2018 and will show lucrative growth over the forecast timeline. Increasing safety issues regarding diagnostic devices will drive segmental growth. To avoid such risks medical vigilance software are used to monitor patient safety, this will increase the demand for medical vigilance software.

Medical Devices Vigilance Market will exceed USD 91.5 billion by 2025; as per a new research report.
Increasing medical recalls and rising incidence of adverse effects related to medical devices will augment the medical devices vigilance market growth. Medical device vigilance systems improve the protection of health and safety of patients. These software provide evaluation of adverse incidents thus, adoption of medical vigilance software by research organizations and business process outsourcing will further augment the business growth.

Clinical research organization. end-user segment will grow at 7.7% over the coming years. Increasing number of research project worldwide will drive segmental growth. Increasing focus on novel drug development for treatment of various chronic disease will enhance business growth. These organizations need medical vigilance software to manage regulatory affairs, clinical trial data and quality assurance. Thus, increasing preference for software solutions will surge the segmental growth.

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North America dominated the overall medical devices vigilance market with more than 33% of revenue share in 2018. Development of advanced healthcare IT solutions such as healthcare software, vigilance software will augment the regional growth. Strong foothold of key industry players in the region will be beneficial for development of innovative solutions. For instance, Oracle Corporation offers integrated end-to-end safety platforms to improve quality and efficiency. Development of such software will surge the regional growth.

Asia-Pacific medical devices vigilance industry will witness over 9% CAGR during analysis timeframe. Rising research organizations in the region will increase the demand and preference for medical software that will be beneficial for regional growth. Also, increasing incidence of adverse effect due to medical devices in Asia-Pacific region will further surge the industry growth.

Prominent industry players involved in medical devices vigilance market are AB-Cube, AssurX, Oracle, Sparta Systems, Xybion, Sarjen Systems, ZEINCRO, MDI Consultants, INTEL, Omnify Software and Numerix. The prominent industry players are focusing on new software development, strategic collaborations and alliances to strengthen their market position.

Report Content

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Medical devices vigilance industry 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Delivery mode trends

2.1.4. End-user trends

2.1.5. Regional trends

Chapter 3. Medical Devices Vigilance Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Increasing number of adverse events reported

3.3.1.2. Worldwide growing awareness regarding medical device vigilance

3.3.1.3. Government initiatives concerning adverse events reported

3.3.2. Industry pitfalls and challenges

3.3.2.1. Failure of certain manufacturing companies to ensure product safety

3.4. Growth potential analysis

3.4.1. By application

3.4.2. By delivery mode

3.4.3. By end-user

3.5. Regulatory landscape

3.6. Porter's analysis

3.7. Competitive landscape, 2017

3.7.1. Strategy dashboard

3.8. PESTEL analysis

Chapter 4. Medical Devices Vigilance Market, By Delivery Mode

4.1. Key segment trends

4.2. On-premise

4.2.1. Market size, by region, 2014 - 2025 (USD Million)

4.3. On-demand or cloud-based (SaaS)

4.3.1. Market size, by region, 2014 - 2025 (USD Million)

Chapter 5. Medical Devices Vigilance Market, By Application

5.1. Key segment trends

5.2. Diagnostic

5.2.1. Market size, by region, 2014 - 2025 (USD Million)

5.3. Therapeutic

5.3.1. Market size, by region, 2014 - 2025 (USD Million)

5.4. Surgical

5.4.1. Market size, by region, 2014 - 2025 (USD Million)

5.5. Research

5.5.1. Market size, by region, 2014 - 2025 (USD Million)

5.6. Others

5.6.1. Market size, by region, 2014 - 2025 (USD Million)

Chapter 6. Medical Devices Vigilance Market, By End-user

6.1. Key segment trend

6.2. Original equipment manufacturers (OEMs)

6.2.1. Market size, by region, 2014 - 2025 (USD Million)

6.3. Clinical research organizations (CROs)

6.3.1. Market size, by region, 2014 - 2025 (USD Million)

6.4. Business process outsourcing (BPO)

6.4.1. Market size, by region, 2014 - 2025 (USD Million)

6.5. Others

6.5.1. Market size, by region, 2014 - 2025 (USD Million)

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