Global Medical Device Vigilance Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Delivery Mode;

On-Demand, and On-Premise.

By Application;

Therapeutics, Diagnostics, Surgical, and Research.

By End-User;

Clinical Research Organizations (CROs), Original Equipment Manufacturers (OEMs), and Business Process Outsourcing (BPO).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn451248033 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Medical Device Vigilance Market (USD Million), 2021 - 2031

In the year 2024, the Global Medical Device Vigilance Market was valued at USD 83,953.79 million. The size of this market is expected to increase to USD 142,952.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

The global medical device vigilance market plays a critical role in ensuring the safety and effectiveness of medical devices worldwide. As healthcare technology continues to advance, the importance of vigilance in monitoring and reporting adverse events associated with medical devices becomes increasingly significant. This market encompasses a range of activities, from post-market surveillance to regulatory compliance, aimed at mitigating risks and improving patient outcomes.

Technological advancements are reshaping the landscape of medical device vigilance. Innovations such as artificial intelligence and big data analytics enable more efficient detection of adverse events and trends, facilitating quicker response times and more targeted interventions. Moreover, the integration of digital health technologies and connected devices further complicates vigilance efforts, necessitating adaptable strategies to manage emerging risks effectively.

The global medical device vigilance market is pivotal in safeguarding public health by ensuring the continuous monitoring and assessment of medical device safety. As regulatory frameworks evolve and technology continues to advance, the market is poised for growth, driven by the imperative to enhance patient safety and regulatory compliance. Embracing innovation while maintaining rigorous standards will be essential for stakeholders navigating this dynamic and crucial aspect of the healthcare ecosystem.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Delivery Mode
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Medical Device Vigilance Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Compliance
        2. Increasing Medical Device Complexity
        3. Growing Healthcare Expenditure
      2. Restraints
        1. High Implementation Costs
        2. Lack of Standardization
        3. Regulatory Challenges
      3. Opportunities
        1. Rising Demand for Connected Devices
        2. Adoption of AI and Big Data Analytics
        3. Focus on Patient-Centric Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Medical Device Vigilance Market, By Delivery Mode, 2021 - 2031 (USD Million)
      1. On-Demand
      2. On-Premise
    2. Global Medical Device Vigilance Market, By Application, 2021 - 2031 (USD Million)
      1. Therapeutics
      2. Diagnostics
      3. Surgical
      4. Research
    3. Global Medical Device Vigilance Market, By End-User, 2021 - 2031 (USD Million)
      1. Clinical Research Organizations (CROs)
      2. Original Equipment Manufacturers (OEMs)
      3. Business Process Outsourcing (BPO)
    4. Global Medical Device Vigilance Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ZEINCRO
      2. AssurX, Inc
      3. Sparta Systems
      4. Oracle Corporation
      5. Xybion Corporation
      6. Sarjen Systems Pvt. Ltd
      7. MDI Consultants, Inc
      8. AB-Cube, Laerdal Medical
      9. Omnify Software, Inc
  7. Analyst Views
  8. Future Outlook of the Market