Market revenue in 2024 | USD 95.3 million |
Market revenue in 2030 | USD 199.4 million |
Growth rate | 11% (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 17.52% in 2024. Horizon Databook has segmented the UK 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.
Increasing regulatory demands and a strong emphasis on quality assurance drive the life sciences QMS market in the UK. The pharmaceutical and biotechnology industries face stringent standards from regulatory bodies such as the Medicines and Healthcare Products Regulatory Agency (MHRA).
As a result, organizations must adopt comprehensive QMS solutions to ensure compliance and safeguard product quality. This regulatory landscape has created a crucial need for effective quality management systems to facilitate processes and reduce risks associated with non-compliance.
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