Market revenue in 2024 | USD 71.6 million |
Market revenue in 2030 | USD 134.5 million |
Growth rate | 9.4% (CAGR from 2024 to 2030) |
Largest segment | Data management |
Fastest growing segment | Regulatory and Compliance Management |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Data Management, Training management, Supplier management, Regulatory and Compliance Management, Corrective Action Preventive Action (CAPA) Management, Audit Management, Change Management, Non-Conformances Management, Inspection Management, Risk Management |
Key market players worldwide | AmpleLogic, Qualio, Qualityze Inc, Aura Quality Management, SimplerQMS, Dassault Systemes SE, IQVIA Holdings Inc, MasterControl, QT9 Software, Honeywell International Inc, AssurX, Hexagon AB ADR, Veeva Systems Inc Class A, Ideagen |
Data management was the largest segment with a revenue share of 17.6% in 2024. Horizon Databook has segmented the South Africa life sciences quality management software market based on data management, training management, supplier management, regulatory and compliance management, corrective action preventive action (capa) management, audit management, change management, non-conformances management, inspection management, risk management covering the revenue growth of each sub-segment from 2018 to 2030.
The life sciences QMS market in South Africa is rapidly evolving and driven by regulatory compliance, government initiatives, and technological advancements. The South African Health Products Regulatory Authority (SAHPRA) ensures that pharmaceutical and medical device manufacturers adhere to stringent quality standards.
As the country enhances its regulatory framework, there is an increasing demand for QMS solutions that help companies comply with local and international regulations. For instance, implementing ISO 13485 standards for medical devices necessitates robust quality management practices to ensure product safety and efficacy.
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