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
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.
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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
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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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