Medical Device Vigilance Market, by Delivery Mode (On-Demand, and On-Premise), by Application (Therapeutics, Diagnostics, Surgical, and Research), by End Users (Contract Research Organization (CRO), Business Process Outsourcing (BPO), Original Equipment M

Medical Device Vigilance Market, by Delivery Mode (On-Demand, and On-Premise), by Application (Therapeutics, Diagnostics, Surgical, and Research), by End Users (Contract Research Organization (CRO), Business Process Outsourcing (BPO), Original Equipment Manufacturers (OEM), and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast, 2022 - 2028

Post market surveillance is mainly focused on reporting adverse events such as device malfunctioning, patient injuries, product returns, modifications, exchange, and recall after launch. These activities are designed to characterize accurate performance of medical devices, clinical outcomes, and quick identification of low performance medical devices. Post market surveillance is conducted by various institutions and organizations including pharmaceutical manufacturers, universities, government agencies, contract research organizations (CROs), business process outsourcing (BPOs), and original equipment manufacturer (OEMs).
Market Dynamics
Increasing number of post market surveillance studies for medical devices is expected to drive the growth of the medical device vigilance market. For instance, in July 2021, LifeTech Scientific Corporation launched a post market surveillance study for its LAmbre Left Atrial Appendage (LAA) Closure System which is used for treatment of atrial fibrillation. The post market surveillance study maintains the clinical safety records of LAmbre Left Atrial Appendage (LAA) Closure System.
Furthermore, rising government initiatives regarding medical device safety and recall is expected to boost the medical device vigilance market growth. For instance, in August 2018, Drug Regulatory Authority of India announced to launch a mobile app (Medical Device Reporting) which will provide information regarding safety and recall notices of products. This app will send a message to users and report injuries and problems related to medical devices. The app is a post market surveillance tool which is used by the Central Drug Standards Controller Organization.
Key features of the study:
This report provides an in-depth analysis of the medical device vigilance market size (US$ Mn), and cumulative annual growth rate (CAGR (%) for the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical device vigilance market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include, ZEINCRO, AssurX, Inc., Sparta Systems, Oracle Corporation, Xybion Corporation, Sarjen Systems Pvt. Ltd., MDI Consultants, Inc., AB-Cube, Laerdal Medical, and Omnify Software, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global medical device vigilance market report caters to various stakeholders in the industry, including investors, product manufacturers, distributors and suppliers for anesthesia device market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Medical Device Vigilance Market, By Delivery Mode:
On-Demand
On-Premise
Global Medical Device Vigilance Market, By Application:
Therapeutics
Diagnostics
Surgical
Research
Global Medical Device Vigilance Market, By End User Type:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Global Medical Device Vigilance Market, By Region:
North America
By Country:
U.S.
Canada
By Delivery Mode:
On-Demand
On-Premise
By Application:
Therapeutics
Diagnostics
Surgical
Research
By End User:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Delivery Mode:
On-Demand
On-Premise
By Application:
Therapeutics
Diagnostics
Surgical
Research
By End User:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Delivery Mode:
On-Demand
On-Premise
By Application:
Therapeutics
Diagnostics
Surgical
Research
By End User:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Delivery Mode:
On-Demand
On-Premise
By Application:
Therapeutics
Diagnostics
Surgical
Research
By End User:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Africa
By Country:
South Africa
Central Africa
North Africa
By Delivery Mode:
On-Demand
On-Premise
By Application:
Therapeutics
Diagnostics
Surgical
Research
By End User:
Contract Research Organization (CRO)
Business Process Outsourcing (BPO)
Original Equipment Manufacturers (OEM)
Others
Company Profiles
ZEINCRO,*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
AssurX, Inc.
Sparta Systems
Oracle Corporation
Xybion Corporation
Sarjen Systems Pvt. Ltd.
MDI Consultants, Inc.
AB-Cube
Laerdal Medical
Omnify Software, Inc.

“*” marked represents similar segmentation in other categories in the respective section.