Medical Device Vigilance and Patient Safety Software Market

Medical Device Vigilance and Patient Safety Software Market By Application (Diagnostic, Therapeutic, Surgical), Delivery Mode (On-Premise, On-Demand/Cloud Based (Saas)), End-User (Original Equipment Manufacturers, CROs, & BPOs) - Global Forecast To 2019

Report Code: UC 6108 Dec, 2018, by marketsandmarkets.com

Medical device vigilance and patient safety software enables users to easily enter medical device vigilance reports and export them as XML files, publish regulatory reports, and also handle daily medical device vigilance requirements. This software is most commonly used by medical device manufacturers, clinical research organizations, business process outsourcing firms, and others.

The global medical device vigilance and patient safety software market is expected to grow at a high rate from 2014 to 2019. Factors such as increasing number of medical recalls, rising incidence rates of adverse events related to medical device, and growing adoption of medical device vigilance software by business process outsourcing firms are driving the growth of the global medical device vigilance and patient safety software market. Similarly; the increasing pressure on medical devices manufacturers to produce patient safety medical equipment, and intensification of safety regulations for prior and post commercialization of medical devices by regulatory authorities (such as U.S. FDA and European Commission (EC)) are further propelling the market growth.

Thus, growing complexity related to patient safety regulations is expected to drive the growth of the market during the forecast period. However, dearth of skilled professionals in certain countries and complexity in the regulations are restraining the growth of the market.

North America is expected to account for the largest share of the medical device vigilance and patient safety software market, followed by Europe, in 2014. However, the Asia-Pacific region is estimated to grow at the highest CAGR in the forecast period. Factors such as high focus of medical device manufacturers in this region, presence of a large and diverse patient pool, growth in clinical research outsourcing, and the availability of highly trained medical professionals in this region are driving the growth of the Asia-Pacific medical device vigilance and patient safety software market.

AB-Cube (France), AssurX, Inc. (U.S.), Oracle Corporation (U.S.), Sarjen Systems Pvt. Ltd (India), Sparta Systems, Inc. (U.S.), and Xybion Corporation (U.S.), and among others are some of the players in the global medical device vigilance and patient safety software market.

Scope of the report

This report categorizes the medical device vigilance and patient safety software market into the following segments:

Medical Device Vigilance and Patient Safety Software Market, by Application

  • Diagnostic Application
  • Therapeutic Application
  • Surgical Application
  • Research Application
  • Other Applications

Medical Device Vigilance and Patient Safety Software Market, by Delivery Mode

  • On-premise Delivery Mode
  • On-demand/Cloud based (SaaS) Delivery Mode

Medical Device Vigilance and Patient Safety Software Market, by End User

  • Original Equipment Manufacturers (OEMs)
  • Clinical Research Organizations (CROs)
  • Business Process Outsourcing (BPO) Firms
  • Others

Medical Device Vigilance and Patient Safety Software Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Latin America
    • Middle East
    • Africa

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market  Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Limitations
    1.5 Market Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
           2.2.3 Supply-Side Analysis
    2.3 Market Size Estimation
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary
    3.1 Introduction
    3.2 Current Scenario
    3.3 Future Outlook
    3.4 Conclusion

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Evolution
    5.4 Market Dynamics
           5.4.1 Key Market Drivers
           5.4.2 Key Market Restraints
           5.4.3 Key Market Opportunities
           5.4.4 Key Market Challenges

6 Industry Insights
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter's Five Forces Analysis
           6.3.1 Threat From New Entrants
           6.3.2 Threat From Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Industry Trends

7 Medical Device Vigilance and Patient Safety Software Market, By Application
    7.1 Introduction
    7.2 Diagnostic Application
    7.3 Therapeutic Application
    7.4 Surgical Application
    7.5 Research Application
    7.6 Other Applications

8 Medical Device Vigilance and Patient Safety Software Market, By Delivery Mode
    8.1 Introduction
    8.2 On-Premise Delivery Mode
    8.3 On-Demand/Cloud Based (SAAS) Delivery Mode

9 Medical Device Vigilance and Patient Safety Software Market, By End   User
    9.1 Introduction
    9.2 Original Equipment Manufacturers (OEMs)
    9.3 Clinical Research Organizations (CROs)
    9.4 Business Process Outsourcing (BPO) Firms
    9.5 Others

10 Geographic Analysis
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Canada
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 U.K.
             10.3.4 Rest of Europe
     10.4 Asia-Pacific
             10.4.1 Japan
             10.4.2 India
             10.4.3 China
             10.4.4 Rest of Asia-Pacific
     10.5 Rest of the World (RoW)*

11 Competitive Landscape
     11.1 Introduction
     11.2 Market Share Analysis, By Key Players
     11.3 Competitive Scenario 
     11.4 Recent Developments
             11.4.1 New Product Launches
             11.4.2 Agreements, Partnerships, and Agreements
             11.4.3 Mergers and Acquisitions
             11.4.4 Geographic Expansions
             11.4.5 Other Developments

12 Company Profiles **

13 Appendix
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports

*RoW (Rest of the World) includes Latin America, Middle East, and Africa
**Top 10 companies in the market will be covered
#Details on Financials, Product & Services, Strategy, & Developments might not be captured in case of unlisted companies.


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Report Code
UC 6108
Published ON
Dec, 2018
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