Medical Device Complaint Management Industry – Market to Witness Rapid Growth by 2023

The Medical Device Complaint Management Market report provides overview of Medical Device Complaint Management Industry, including industry characteristics, manufacturing technology, industry chain analysis and latest market trends & dynamics. The Medical Device Complaint Management Market report also explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2019 to 2023.

Global Medical Device Complaint Management Market Overview:

According to market analysts, Global Medical Device Complaint Management Market is projected to grow at a high CAGR value from 2019 to 2023.

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The Global Medical Device Complaint Management Market research report is the study prepared by analysts, which contain a detailed analysis of drivers, restraints, and opportunities along with their impact on the Medical Device Complaint Management Market growth.

The major growth driver of the global medical device complaint management market in the future is the growing software usage for support the overall process of complaint management.

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 analysis offers strategies and analyzes global Virtual Sensors market 2019 delivers an extensive investigation of price, revenue and gross margin, product range. Additionally, it covers its growth prospects within the forecast years and Virtual Sensors market landscape.

The Medical Device Complaint Management Market is segmented based on Service, and Regions.

On the basis of service, the market is sub-segmented into Complaints Log/Intake, Product Surveillance & Regulatory Compliance, Returned/Non-Returned Product Analysis, Resolve & Closure and other. The product surveillance and regulatory compliance services segment accounted for the largest market share in 2017.

Regionally, North America dominated the market in 2018 and is likely to maintain its position in the upcoming years as well. The European market for medical device complaint management is likely to emerge as the fastest growing region globally in the years ahead.

This report includes a study of strategies, of major market players. It includes MasterControl, Parexel International Corporation, SAS, Freyr, AssurX, Sparta Systems, Wipro, Biovia, IQVIA, Tata Consulting Services.

Industry Update:

June 17, 2019: Tata Consultancy Services, (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has partnered with SAP to launch an Intelligent Field Inventory Management (iFIM) solution, powered by SAP® Leonardo, which leverages IoT and blockchain to help medical device manufacturers streamline surgical kit handling.

TCS’ iFIM Solution, powered by SAP Leonardo, uses Internet of Things (IoT) to build traceability of inventory and blockchain to enable greater visibility of that inventory to all stakeholders in the ecosystem – manufacturers, distributors/representatives and hospitals. This will significantly streamline and simplify surgical kit handling, improve patient outcomes, optimize field inventory and ease regulatory compliance. Additionally, quicker turnaround of returned kits boosts revenue recognition for the manufacturers. SAP Leonardo IoT business and technical services enables iFIM to integrate with core systems and to effectively scale to meet the dynamic business requirements of the life sciences supply chain.

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Key Regions:

1  North America Country (United States, Canada)

2  South America

3  Asia Country (China, Japan, India, Korea)

4  Europe Country (Germany, UK, France, Italy)

5  Other Country (Middle East, Africa, GCC)

Points Covered in in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion.

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