China Medical Device Complaint Management Market Size & Outlook
China medical device complaint management market, 2018-2030 (US$M)
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China medical device complaint management market highlights
- The China medical device complaint management market generated a revenue of USD 312.2 million in 2022 and is expected to reach USD 529.9 million by 2030.
- The China market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, product survellaince & rc was the largest revenue generating services in 2022.
- Complaint Log/Intake is the most lucrative services segment registering the fastest growth during the forecast period.
Medical device complaint management market data book summary
| Market revenue in 2022 | USD 312.2 million |
| Market revenue in 2030 | USD 529.9 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Product survellaince & rc |
| Fastest growing segment | Complaint Log/Intake |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Complaint Log/Intake, Product Survellaince & RC, Retuened Non-returned product analysis, Resolve & Closure |
| Key market players worldwide | IQVIA Holdings Inc, Wipro Ltd ADR, FREYR Battery Inc, Honeywell International Inc, SAS, PAREXEL, Tata Consultancy Services, Biovia, MasterControl, AssurX |
Other key industry trends
- In terms of revenue, China accounted for 4.8% of the global medical device complaint management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan medical device complaint management market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 214.2 million by 2030.
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Medical Device Complaint Management Market Scope
Medical Device Complaint Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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China medical device complaint management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device complaint management market will help companies and investors design strategic landscapes.
Product survellaince & rc was the largest segment with a revenue share of 56.12% in 2022. Horizon Databook has segmented the China medical device complaint management market based on complaint log/intake, product survellaince & rc, retuened non-returned product analysis, resolve & closure covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the most technologically advanced countries in Asia Pacific and significantly contributes to the healthcare industry in the region. Its growing geriatric population and the presence of a large middle-income group are likely to boost the demand for innovative & cost-effective medical equipment, thus creating an opportunity for clinical research services for medical devices in the country.
Low cost of labor is one of the key factors boosting outsourcing of clinical research services to China. Thus, the number of clinical research in China is expected to grow in the country. This is expected to support the market growth in China.
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Target buyers of China medical device complaint management market databook
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Our clientele includes a mix of medical device complaint management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China medical device complaint management market , including forecasts for subscribers. This country databook contains high-level insights into China medical device complaint management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medical device complaint management market size, by services, 2018-2030 (US$M)
China Medical Device Complaint Management Market Outlook Share, 2022 & 2030 (US$M)
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