Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.9 Billion | USD 12.4 Billion | 7.5% | 2022 |
FrequentlyAsked Questions
Incorporating software helps organizations in maintaining better documentation. A multi-page electronic form ensures precise recording of complaint data along with reorganizing documentation into a simple process. This helps in maintaining transparency and improves decision-making related to customer complaints. The demand and popularity of the medical device complaint management market across the globe can be attributed to the growing software used to support the overall process of complaint management.
The major growth driver of the global medical device complaint management market in the future is the growing software used to support the overall process of complaint management. The shift of complaint tracking from paper to a digital system is anticipated to contribute notably toward the expansion of the medical device complaint management market globally over the estimated timeframe.
According to the report, the global market size was worth around USD 6.9 billion in 2022 and is predicted to grow to around USD 12.4 billion by 2030.
The global medical device complaint management market is expected to grow at a CAGR of 7.5% during the forecast period.
The global medical device complaint management market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market because there are strict regulatory standards for complaint management.
The global medical device complaint management market is dominated by players like Freyr, Tata Consultancy Services Limited., Biovia, IQVIA, Wipro, AssurX, Sparta Systems, SAS, Parexel International Corporation, Master Control, HCL Technologies Limited, UserWise, Inc., Cognizant, Interneer, Inc., Oracle, Zendesk, Thryv, Inc, BizzMine, PTC, Orcanos, ArisGlobal LLC and AmpleLogic among others.
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