The global demand for Medical Device Complaint Management Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A medical device complaint management system is a software suite that allows companies to address customer complaints related to the performance of a medical device promptly. A complaint management system handles all alleged deficiencies related to durability, quality, safety, performance, and effectiveness of a machine. This system enables manufacturers to develop better, safe products with low labour costs and reduced production time. The complaint management solution helps the different teams like design, technical support, manufacturing, sales, and marketing to work strictly by providing advanced analytics.
The rapid increase in the manufacture of innovative medical devices to meet global demands is the main driver for the medical device complaint management market. The transition from paper-based to a digital tracking system for complaints will propel market growth. Need for a transparent and automated complaint tracking system to improve the decision-making process will boost market growth. Customer service is the heart of the risk management of any business, and a complaint management system will stimulate market growth for medical devices. The ability to integrate the system with mobile apps will be a market booster. The main concerns related to this market will be the lack of a trained workforce, poor understanding of regulations, and a lack of thorough knowledge about the lifecycle of a device.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of medical device complaint management.
The entire medical device complaint management market has been sub-categorized into service. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Complaints Log / Intake
- Receive Complaints
- Classify the Issue
- Record Issue
- Product Surveillance & Regulatory Compliance
- Reportable/Non Reportable
- Medical Device Vigilance/Medical Device Reporting
- Field Action
- Returned/ Non-Returned Product Analysis
- Complaint Investigation
- Root Cause Analysis, Testing
- Corrective/Preventive Action
- Resolve & Closure
- Complaint Summary
- Customer Letter Creation
This section covers regional segmentation which accentuates on current and future demand for medical device complaint management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Medical Device Complaint Management Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the medical device complaint management market include IQVIA, Parexel, SAS, Wipro, Tata Consulting Services, Sparta Systems, Freyr, Biovia, Assurx, Master Control. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.