Materiovigilance Market 2022 – 2028: Remarkable Growth Factors That Is Changing the Course of Industry Over Coming Years: AssurX, Sparta Systems, Oracle Corporation, Xybion Corporation,

Global Materiovigilance Market

Materiovigilance refers to the systematic monitoring and reporting of untoward events for medical devices. It is becoming increasingly important for the safety of medicines, vaccines, and medical devices. To monitor the safety of medical devices, countries must monitor their production, use, and disposal.

The goal of materiovigilance is to improve patient safety by minimizing the number of incidents that may occur during the use of medical devices. The Medical Devices Directive (MDA) mandates that adverse incidents be evaluated and reported to the National Competent Authority (NCA). This prevents similar events from occurring in the future. In addition, Medwork has developed a standardized reporting system for medical devices and standardized operating procedures (SOPs) for the use of these devices.

The global materiovigilance market is estimated to be valued at US$ 66.3 billion in 2021 and is expected to exhibit a CAGR of 8.0% during the forecast period (2021-2028).

𝐓𝐨 𝐠𝐞𝐭 𝐌𝐨𝐫𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐟𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 @ https://www.coherentmarketinsights.com/insight/request-sample/4780

Market Drivers

Launch of new programs is expected to propel growth of the global materiovigilance market over the forecast period. For example, Veeva Systems Inc., in April 2020, launched Veeva Vault Product Surveillance, a new cloud application for medical device and diagnostics.

Product recalls are also expected to propel growth of the global materiovigilance market over the forecast period. For instance, in the first half of 2021, the U.S Food and Drug Administration reported 29 medical device recalls. Moreover, according to data published by Medical Device and Diagnostic Industry, in June 2021, the number of medical device recalls issued during the first half of 2021 is higher than the number of recalls issued during the first half of each of the previous five years.

Market Restraints

High complexity of safety regulations and lack of skilled professionals in emerging economies is expected to hinder growth of the global materiovigilance market. For example, around 50% of formal firms do not find the workforce with the skills they need in Latin America compared to 36% of firms in OECD countries, according to data published by Organization for Economic Co-operation and Development in 2016.

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐛𝐥𝐞𝐬 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬, 𝐂𝐡𝐚𝐫𝐭) @ https://www.coherentmarketinsights.com/insight/request-pdf/4780

Key Players

Major players operating in the global materiovigilance market include, AB-Cube,  AssurX, MDI Consultants, Oracle Corporation, QVigilance,  Qserve, Sparta Systems, Sarjen Systems Pvt. Ltd., Xybion Corporation, and ZEINCRO.

Global Materiovigilance Market: Segmentation

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

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐅𝐥𝐚𝐭 𝐔𝐒𝐃 𝟐𝟎𝟎𝟎 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/promo/buynow/4780

Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snapshot, By Delivery Mode
     • Market Snapshot, By Application
     • Market Snapshot, By End Users
     • Market Snapshot, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Opportunity
   • Impact Analysis
   • Regulatory Scenario
   • Market Trends
   • Key Developments
   • PEST Analysis
4. Global Materiovigilance Market– Impact of Coronavirus (COVID-19) Pandemic
   • COVID-19 Impact Assessments
   • Government Measures To Combat COVID-19
5. Global Materiovigilance Market, By Delivery Mode, 2017 – 2028, (US$ Bn)
   • Introduction
     • Market Share Analysis, 2021 and 2028 (%)
     • Y-o-Y Growth Analysis, 2017 – 2028
     • Segment Trends
   • On-premise
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • On-cloud
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
6. Global Materiovigilance Market, By Application, 2017 – 2028, (US$ Bn)
   • Introduction
     • Market Share Analysis, 2021 and 2028 (%)
     • Y-o-Y Growth Analysis, 2017 – 2028
     • Segment Trends
   • Diagnostic Application
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Therapeutic Application
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Surgical Application
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Research Application
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
7. Global Materiovigilance Market, By End Users, 2017 – 2028, (US$ Bn)
   • Introduction
     • Market Share Analysis, 2021 and 2028 (%)
     • Y-o-Y Growth Analysis, 2017 – 2028
     • Segment Trends
   • Contract Research Organization
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Business Process Outsourcing
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Original Equipment Manufacturers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Bn)

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