Press Resease

Medical Devices Vigilance Market- by Delivery mode (On-demand, On-premise), by Application (Diagnostic, Surgical, Therapeutic, Research sectors), by End-user (Clinical research organizations, Original equipment manufacturers, Business process outsourcing) - Global Industry Perspective Comprehensive Analysis and Forecast, 2020 - 2026

Published Date: 26-Nov-2020 Category: Medical Device Report Format : PDF Pages: 110 Report Code: ZMR-4099 Status : Published

According to the report, global demand for Medical Devices Vigilance market was valued at approximately USD 56.7 billion in 2019, and is expected to generate revenue of around USD 99.2 billion by end of 2026, growing at a CAGR of around 8.3 % between 2020 and 2026.

Description

According to the report, global demand for Medical Devices Vigilance market was valued at approximately USD 56.7 billion in 2019, and is expected to generate revenue of around USD 99.2 billion by end of 2026, growing at a CAGR of around 8.3 % between 2020 and 2026.

Global Medical Devices Vigilance Market: Overview

With the testing of medical equipment becoming necessary for the healthcare industry, medical device vigilance is gaining prominence across the globe. The recognition of potential hazards pertaining to medical instruments is included in medical device vigilance. The vigilance market for medical devices can be traced back to 1992, when the Global Harmonization Task Force (GHTF) was formed to standardize national regulatory frameworks for medical devices. The goal was to improve access to effective, secure and clinically useful medical technologies.

Global Medical Devices Vigilance Market: Growth Factors

The surge in the number of medical devices recalls due to safety issues is the key factor driving the global market growth during the forecast period. Additionally, growing awareness among people pertaining to availability of medical device vigilance software and reporting of adverse events will positively leverage medical devices vigilance market growth over the analysis timeline.

Furthermore, favorable government scenario pertaining to medical devices vigilance ensuing patient safety will serve as an impact rendering factor that will bolster the business scope. Increasing burden on medical devices manufacturers to produce safe medical equipment as well as strict safety laws put into practice/use by regulatory bodies pertaining to pre- and post-commercialization of medical equipment will further spur the market revenue. However, carelessness of production units towards the maintenance of product safety may refrain the growth of medical devices vigilance market over the upcoming years.

Global Medical Devices Vigilance Market: Segmentation

The global medical devices vigilance market can be classified into the delivery mode, application, and end-user. Based on the delivery mode, the market is sectored into on-demand and on-premise. On the basis of application, the market is segmented into diagnostic, surgical, therapeutic, and research sectors. Based on the end-user, the medical devices vigilance market is classified into clinical research organizations, original equipment manufacturers, and business process outsourcing.

Global Medical Devices Vigilance Market: Regional Analysis

Based on the region, the global medical devices vigilance market can be divided into five main regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America is likely to dominate the global medical devices vigilance market growth over the years ahead, owing to the tremendous demand for medical devices vigilance in the region.  A massive number of reported hostile activities will elevate the acceptance of vigilance systems. A strong base of medical equipment producing firms in North America will further augment regional business growth. Moreover, Asia Pacific medical devices vigilance market will register a profitable growth over the years to come, owing to the growing focus of medical device manufacturers on product safety. Additionally, the presence of a large and diverse patient pool in the region coupled with a surge in clinical research outsourcing will further accelerate regional market growth.

The medical devices vigilance market in Europe is slated to experience rapid growth, subject to stringent medical device regulations and policies in countries such as the UK. Latin America and the Middle East and Africa possess brighter market growth prospects and are likely to contribute considerably towards the global market share in the upcoming years.

Global Medical Devices Vigilance Market: Competitive Players

Some of the key players in medical devices vigilance market are ZEINCRO, Sparta Systems, AssurX, Oracle, Xybion, INTEL, Sarjen Systems, MDI Consultants, AB-Cube, Numerix, and Omnify Software.

The report segments the Global Medical Devices Vigilance market as follows:

Global Medical Devices Vigilance Market: Delivery mode Segment Analysis

  • On-demand
  • On-premise

Global Medical Devices Vigilance Market: Application Segment Analysis

  • Diagnostic
  • Surgical
  • Therapeutic
  • Research sectors

Global Medical Devices Vigilance Market: End-user Segment Analysis

  • Clinical research organizations
  • Original equipment manufacturers
  • Business process outsourcing

Global Medical Devices Vigilance Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Business process outsourcing Scope
    • 1.3. Business process outsourcing Methodulogy
      • 1.3.1. Market Business process outsourcing Process
      • 1.3.2. Market Business process outsourcing Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Medical Devices Vigilance Market, 2016 - 2026, (USD Billion)
    • 2.2. Medical Devices Vigilance Market: Snapshot
  • Chapter 3. Global Medical Devices Vigilance Market – Industry Analysis
    • 3.1. Medical Devices Vigilance Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. The surge in the number of medical device recalls due to safety issues
      • 3.2.2. Growing awareness among people pertaining to availability of medical device vigilance software and reporting of adverse events
    • 3.3. Restraints
      • 3.3.1. Carelessness of production units towards the maintenance of product safety
    • 3.4. Opportunity
      • 3.4.1. Favourable government scenario pertaining to medical devices vigilance ensuing patient safety
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Delivery mode segment
      • 3.6.2. Market attractiveness analysis by Application segment
      • 3.6.3. Market attractiveness analysis by End-user segment
      • 3.6.4. Market attractiveness analysis by regional segment
  • Chapter 4. Global Medical Devices Vigilance Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Medical Devices Vigilance market: company market share analysis, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Disease category launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Business process outsourcing and development and regional expansion
  • Chapter 5. Global Medical Devices Vigilance Market – Delivery mode Segment Analysis
    • 5.1. Global Medical Devices Vigilance market overview: by Delivery mode
      • 5.1.1. Global Medical Devices Vigilance market revenue share, by Delivery mode, 2019 and 2026
    • 5.2. On-demand
      • 5.2.1. Global Medical Devices Vigilance market by On-demand, 2016-2026 (USD Billion)
    • 5.3. On-premise
      • 5.3.1. Global Medical Devices Vigilance market by On-premise, 2016-2026 (USD Billion)
  • Chapter 6. Global Medical Devices Vigilance Market – Application Segment Analysis
    • 6.1. Global Medical Devices Vigilance market overview: by Application
      • 6.1.1. Global Medical Devices Vigilance market revenue share, by Application, 2019 and 2026
    • 6.2. Diagnostic
      • 6.2.1. Global Medical Devices Vigilance market by Diagnostic, 2016-2026 (USD Billion)
    • 6.3. Surgical
      • 6.3.1. Global Medical Devices Vigilance market by Surgical, 2016-2026 (USD Billion)
    • 6.4. Therapeutic
      • 6.4.1. Global Medical Devices Vigilance market by Therapeutic, 2016-2026 (USD Billion)
    • 6.5. Research sectors
      • 6.5.1. Global Medical Devices Vigilance market by Research sectors, 2016-2026 (USD Billion)
  • Chapter 7. Global Medical Devices Vigilance Market – End-user Segment Analysis
    • 7.1. Global Medical Devices Vigilance market overview: by End-user
      • 7.1.1. Global Medical Devices Vigilance market revenue share, by End-user, 2019 and 2026
    • 7.2. Clinical research organizations
      • 7.2.1. Global Medical Devices Vigilance market by Clinical research organizations, 2016-2026 (USD Billion)
    • 7.3. Original equipment manufacturers
      • 7.3.1. Global Medical Devices Vigilance market by Original equipment manufacturers, 2016-2026 (USD Billion)
    • 7.4. Business process outsourcing
      • 7.4.1. Global Medical Devices Vigilance market by Business process outsourcing, 2016-2026 (USD Billion)
  • Chapter 8. Global Medical Devices Vigilance Market - Regional Analysis
    • 8.1. Global Medical Devices Vigilance market overview: by region
      • 8.1.1. Global Medical Devices Vigilance market revenue share, by region, 2019 and 2026
    • 8.2. North America
      • 8.2.1. North America Medical Devices Vigilance market, by country, 2016-2026 (USD Billion)
      • 8.2.2. North America Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
      • 8.2.3. North America Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
      • 8.2.4. North America Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.2.5.2. The U.S. Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.2.5.3. The U.S. Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.2.6.2. Rest of North America Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.2.6.3. Rest of North America Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Medical Devices Vigilance market, by country, 2016-2026 (USD Billion)
      • 8.3.2. Europe Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
      • 8.3.3. Europe Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
      • 8.3.4. Europe Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.3.5. U.K.
        • 8.3.5.1. U.K. Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.3.5.2. U.K. Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.3.5.3. U.K. Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.3.6.2. France Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.3.6.3. France Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.3.7.2. Germany Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.3.7.3. Germany Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.3.8.2. Rest of Europe Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.3.8.3. Rest of Europe Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Medical Devices Vigilance market, by country, 2016-2026 (USD Billion)
      • 8.4.2. Asia Pacific Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
      • 8.4.3. Asia Pacific Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
      • 8.4.4. Asia Pacific Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.4.5.2. China Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.4.5.3. China Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.4.6.2. Japan Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.4.6.3. Japan Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.4.7.2. India Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.4.7.3. India Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.4.8.2. Rest of Asia Pacific Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.4.8.3. Rest of Asia Pacific Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Medical Devices Vigilance market, by country, 2016-2026 (USD Billion)
      • 8.5.2. Latin America Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
      • 8.5.3. Latin America Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
      • 8.5.4. Latin America Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.5.5.2. Brazil Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.5.5.3. Brazil Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
        • 8.5.6.2. Rest of Latin America Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
        • 8.5.6.3. Rest of Latin America Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa Medical Devices Vigilance market, 2016-2026 (USD Billion)
      • 8.6.2. Middle East & Africa Medical Devices Vigilance market revenue, by Delivery mode, 2016-2026 (USD Billion)
      • 8.6.3. Middle East & Africa Medical Devices Vigilance market revenue, by Application, 2016-2026 (USD Billion)
      • 8.6.4. Middle East & Africa Medical Devices Vigilance market revenue, by End-user, 2016-2026 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. ZEINCRO
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfulio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Sparta Systems
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfulio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. AssurX
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfulio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
      • 9.4. Oracle.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfulio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Xybion
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfulio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. INTEL.
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfulio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Sarjen Systems
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfulio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. MDI Consultants
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfulio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. AB-Cube.
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfulio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. Numerix
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfulio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments

Methodology

}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com