Materiovigilance Market, By Delivery Mode (On-premise and On-cloud), By Application (Diagnostic Application, Therapeutic Application, Surgical Application, Research Application, and Others), By End Users (Contract Research Organization, Business Process Outsourcing, Original Equipment Manufacturers, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Materiovigilance, also known as medical device vigilance, is the collection, assessment, reporting and identification of trends in incidents resulting from the use of medical devices. Medical device vigilance aims to protect the patients, healthcare facilities utilizing medical devices, and others by preventing or reducing the occurrence of errors that leads to harmful incidents and adverse effects. The detection of technical issues and potential adverse effects associated with medical devices is monitored by materiovigilance. Materiovigilance includes postmarket surveillance, adverse reactions, incidents and recalls of medical devices. Adverse reactions can occur due to use of medical devices and can have severe consequences.
Market Dynamics
Factors such as increasing launches of security plans for medical devices and increasing number of medical device platforms are expected to drive the growth of the global materiovigilance market over the forecast period. For instance, in July 2017, Medical Device Innovation, Safety and Security Consortium (MDISS), a non-profit professional organization with a focus on the safety and security of medical devices, launched a new security testing lab called the World Health Information Security Testing Lab (WHISTL) for medical devices. WHISTL focuses on management and improvement of medical device security and education. For instance, according to data published by Meditology Services, is an IT company that provides security and privacy risk assessment solutions, in August 2021, the U.S. Food and Drug Administration announced a plan to improve cybersecurity practices for medical devices in response to the White House’s effort to bolster cybersecurity across the supply chain.
Key features of the study:
This report provides an in-depth analysis of the global materiovigilance market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global materiovigilance market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies
Key companies covered as a part of this study include AssurX, Sparta Systems, Oracle Corporation, Xybion Corporation, Sarjen Systems Pvt. Ltd., MDI Consultants, AB-Cube, QVigilance, Qserve, and ZEINCRO
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global materiovigilance market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global materiovigilance market
Detailed Segmentation:
Global Materiovigilance Market, By Delivery Mode :
On-premise
On-cloud
Global Materiovigilance Market, By Application:
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
Global Materiovigilance Market, By End users:
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
Global Materiovigilance Market, By Region:
North America
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country
U.S.
Canada
Latin America
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country
GCC
Israel
Rest of Middle East
Africa
By Delivery Mode
On-premise
On-cloud
By Application
Diagnostic Application
Therapeutic Application
Surgical Application
Research Application
Others
By End users
Contract Research Organization
Business Process Outsourcing
Original Equipment Manufacturers
Others
By Country/Region
South Africa
Central Africa
North Africa
Company Profiles
AssurX *
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Sparta Systems
Oracle Corporation
Xybion Corporation
Sarjen Systems Pvt. Ltd
MDI Consultants
AB-Cube
QVigilance
Qserve
ZEINCRO
“*” marked represents similar segmentation in other categories in the respective section.
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