Market revenue in 2024 | USD 123.7 million |
Market revenue in 2030 | USD 213.0 million |
Growth rate | 9.5% (CAGR from 2024 to 2030) |
Largest segment | Product survellaince & rc |
Fastest growing segment | Complaint Log/Intake |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 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 |
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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 56.27% in 2024. Horizon Databook has segmented the India 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.
India is considered the second-most highly populated country in the world. According to Invest India, the life expectancy in the country is expected to grow from 67.5 years to 70.0 years. Invest India also states that chronic disease accounts for 50.0% of the total disease burden. These factors are contributing to the demand for new medical devices in the country to meet the healthcare needs of the growing population.
Moreover, the availability of skilled laborers, low cost associated with outsourcing research services in India, and increase in government spending on healthcare R&D are supporting the medical device contract research organization market in India.
Horizon Databook provides a detailed overview of country-level data and insights on the India medical device complaint management market , including forecasts for subscribers. This country databook contains high-level insights into India medical device complaint management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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