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Pharmaceutical Quality Management Software Market Size, Share & Trends Analysis Report By Type (On-Premises server, Web and Cloud-based server), By Application (Pre-emptive actions, Restorative actions, Training management, Risk and Quality control, Others), End Users, Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

Categories: IT And Telecommunications

Formate :

The Global Pharmaceutical Quality Management Software market size is estimated to reach $2.9 billion by 2026, growing at a CAGR of 21.2% over the forecast period of 2021-2026.

 

Global Pharmaceutical Quality Management Software Market Overview

Quality management can also be restricted to quality control, and it is one of the core concepts of operation management. QMS helps formalize and ensure quality control throughout the several activities of an organization.

 

Therefore, Pharmaceutical Quality Management system maintains control and assurance throughout the manufacturing process of drugs and other medical products. Pharmaceutical quality control software improves the firm’s overall performance by replacing obsolete ways. QMS provides the facility of cloud hosting to record and store data.

 

Elevation in overall drug consumption around the globe stimulates the demand for more production in pharmaceutical firms. Eventually, organizations are adopting quality management software to meet the need effectively. Heightening acute and chronic sicknesses across the globe are set to drive the growth of the Pharmaceutical Quality Management Software Market for the period.

 

Impact of COVID-19:

The year 2020 has been turbulent for pharmaceutical manufacturers and distributors. Initially, there was a rush to put appropriate remote working and social distancing measures in place. Then, when new government guidelines were released, companies had to decide how and when to build on these measures, such as the one-time introduction of face masks and temperature monitoring.

 

The initial lockdown was over and then went on to more complex actions such as plexiglass screening to improve segregation. In such a scenario, the need for quality management was of utmost importance. Which in turn increased the demand for the market. The market had a positive impact due to COVID-19 and had seen s healthy growth during the pandemic.

 

Key Takeaways from Global Pharmaceutical Quality Management Software Market Report:

  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for type, application, end-user, and by different industry verticals.
  • Understand the different market dynamics – key driving factors, challenges, and hidden opportunities.
  • Get in-depth insights on your competitor’s performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes.
  • Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years.
  • Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

 

Pharmaceutical Quality Management Software Market Dynamics

Driver:  

Shooting up the cost of manufacturing several medications is Projected to Drive Market Growth.

The primary motive of every business is to earn profit as its negligence can turn enterprises bankrupt. Therefore, manufacturing is the main activity for any firm as manufactured products will eventually lead to revenue.

 

The concept of quality management software has extensively come to the forefront in the last 1 decade as the overall cost of manufacturing several drugs is elevating due to error-stricken processes that lead to wastage of raw material, labor and increase the cost of manufacturing overheads.

 

Challenge: 

Security complications associated with stored data are Anticipated to Hamper Market Growth.

Handling the data storage and maintenance is not an easy fix. It requires a significant amount of knowledge related to programming, which demands top-flight engineers, and skilled people to handle day-to-day operations.

 

Less availability of such people can pose a considerable hazard to Pharmaceutical Quality Management Software Market. On the other hand, pharmaceutical firms have no control over databases as third parties host the data for them, raising the security threat of data manipulation.

 

By type, the market for Web and cloud-based to grow at the highest CAGR during the forecast period

During the forecast period, the Web and cloud-based are predicted to develop at the fastest rate of XX%. This growth is due to its cost-saving nature as it eliminates the need to hire a technical team to maintain data. The Web cloud-based server segment held the largest share in 2020. The growth is owing to various factors.

 

Cloud computing’s popularity is growing day after day because it offers excellent liberty to organizations to buy hosting and store data with a third party in return for money. It is helping pharmaceutical companies in improving their functionality as they can keep records in soft mode and excess whenever required. The concept of cloud and web-based servers lures the big companies as they have to deal with a large amount of data.

 

By End-user, Pharmaceutical Quality Management Software market for Clinical Research Organizations to grow at the highest CAGR during the forecast period.

The Clinical Research Organization’s segment is estimated to be the fastest-growing during the projection period, with a CAGR of XX%. This growth is due to the innumerable efforts in research and development after the COVID-19 outbreak to enhance the quality and effectiveness of existing drugs and fabricate new ones.

 

On the other hand, the Pharmaceutical Organizations segment held the largest share in 2021. This is due to the increased demand for medicines ascribing to prevailing sicknesses among contemporary society. For example, the broadening of depression among young people has made tranquilizers such as Xanax, Ativan, Klonopin, etc. inextricable part of their lives.

 

Therefore, as the overall demand for drugs increases, quality management software has become a new standard for the medical industry.

 

Geographical Overview:

North America to account for the largest market share during the forecast period.

Asia-Pacific held the largest share of the Pharmaceutical Quality Management Software market in 2020, with a global market share of 35.2%. The growth in this segment is owing to the factors such as the presence of preeminent players such as Pfizer, Merck, Moderna, and many more. State-of-the-art information technology infrastructure.

 

The Asia Pacific is also set to be the fastest-growing over 2021-2026. This growth is due to factors such as a growing population in Asian countries and the swelling prevalence of many acute and chronic illnesses.

 

It prompts the production of medicines, broadening expertise of countries like India and China in reverse engineering of medications, massive drug production as China and India are the biggest API manufacturers of the world, prompting the QMS market. Broadening expertise of countries like India and China in reverse engineering of medications

 

Key Market Players:

Key Players in the Global Pharmaceutical Quality Management Software Market consist of Qualio, Ideagen Plc, AXSource, ANTARES VISION, Honeywell International Inc., PTC Inc., Dassault Systemes, Assurx Inc., Logicgate Inc, EtQ management Consultants, In, among others.

 

Recent Developments:

  • On August 2, 2021, Chicago-based software developer firm LogicGate has successfully raised around $113 million from investors. Till now, the company has raised a total of $156 million, and it’s willing to enhance the quality of its services by channeling received funds into the business.

 

Report Coverage and Scope

The report “Global Pharmaceutical Quality Management Software Market” by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

 

By Type

  • On-Premises server
  • Web and Cloud-based server

 

By Application

  • Pre-emptive actions
  • Restorative actions
  • Training management
  • Risk and Quality control (= inspection)
  • Supplier Quality Management
  • Apparatus management
  • Others

 

By End-users

  • CROs
  • Pharmaceutical and Biopharmaceutical organizations

 

Geography

  • North America
  • Europe
  • APAC
  • RoW

Global Pharmaceutical Quality Management Software Market Growth, Trend and Forecast 2021-2028

Chapter 1 Pharmaceutical Quality Management Software Market Overview
1.1 Product Overview and Scope of Pharmaceutical Quality Management Software
1.2 Pharmaceutical Quality Management Software Market Segmentation by Type
1.2.1 Global Production Market Share of Pharmaceutical Quality Management Software by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Pharmaceutical Quality Management Software Market Segmentation by Application
1.3.1 Pharmaceutical Quality Management Software Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Pharmaceutical Quality Management Software Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Pharmaceutical Quality Management Software (2014-2028)

Chapter 2 Global Economic Impact on Pharmaceutical Quality Management Software Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Pharmaceutical Quality Management Software Market Competition by Manufacturers
3.1 Global Pharmaceutical Quality Management Software Production and Share by Manufacturers (2020 and 2020)
3.2 Global Pharmaceutical Quality Management Software Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Pharmaceutical Quality Management Software Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Pharmaceutical Quality Management Software Manufacturing Base Distribution, Production Area and Product Type
3.5 Pharmaceutical Quality Management Software Market Competitive Situation and Trends
3.5.1 Pharmaceutical Quality Management Software Market Concentration Rate
3.5.2 Pharmaceutical Quality Management Software Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Pharmaceutical Quality Management Software Production, Revenue (Value) by Region (2014-2021)
4.1 Global Pharmaceutical Quality Management Software Production by Region (2014-2021)
4.2 Global Pharmaceutical Quality Management Software Production Market Share by Region (2014-2021)
4.3 Global Pharmaceutical Quality Management Software Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Pharmaceutical Quality Management Software Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Pharmaceutical Quality Management Software Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Pharmaceutical Quality Management Software Consumption by Regions (2014-2021)
5.2 North America Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Pharmaceutical Quality Management Software Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Pharmaceutical Quality Management Software Production, Revenue (Value), Price Trend by Type
6.1 Global Pharmaceutical Quality Management Software Production and Market Share by Type (2014-2021)
6.2 Global Pharmaceutical Quality Management Software Revenue and Market Share by Type (2014-2021)
6.3 Global Pharmaceutical Quality Management Software Price by Type (2014-2021)
6.4 Global Pharmaceutical Quality Management Software Production Growth by Type (2014-2021)

Chapter 7 Global Pharmaceutical Quality Management Software Market Analysis by Application
7.1 Global Pharmaceutical Quality Management Software Consumption and Market Share by Application (2014-2021)
7.2 Global Pharmaceutical Quality Management Software Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Pharmaceutical Quality Management Software Manufacturing Cost Analysis
8.1 Pharmaceutical Quality Management Software Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Pharmaceutical Quality Management Software

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Pharmaceutical Quality Management Software Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Pharmaceutical Quality Management Software Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Pharmaceutical Quality Management Software Market Forecast (2021-2028)
12.1 Global Pharmaceutical Quality Management Software Production, Revenue Forecast (2021-2028)
12.2 Global Pharmaceutical Quality Management Software Production, Consumption Forecast by Regions (2021-2028)
12.3 Global Pharmaceutical Quality Management Software Production Forecast by Type (2021-2028)
12.4 Global Pharmaceutical Quality Management Software Consumption Forecast by Application (2021-2028)
12.5 Pharmaceutical Quality Management Software Price Forecast (2021-2028)

Chapter 13 Appendix


 

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FAQ

What is Pharmaceutical Quality Management Software?

Pharmaceutical Quality Management system maintains control and assurance throughout the manufacturing process of drugs and other medical products. Pharmaceutical quality control software improves the overall performance of the firm by replacing obsolete ways.

What is the Pharmaceutical Quality Management Software market share?

The Global Pharmaceutical Quality Management Software market size is estimated to reach $2.9 billion by 2026, growing at a CAGR of 21.2% over the forecast period of 2021-2026.

What are the key factors driving the Pharmaceutical Quality Management Software Market?

Elevation in overall drug consumption around the globe stimulates the demand for more production in pharmaceutical firms and eventually, organizations are adopting quality management software to meet the demand in an effective manner. Heightening acute and chronic sicknesses across the globe are set to drive the growth of the Pharmaceutical Quality Management Software Market for the period.

What are the top companies in the Pharmaceutical Quality Management Software Market?

Qualio, Ideagen Plc, AXSource, ANTARES VISION, Honeywell International Inc., PTC Inc., Dassault Systemes, Assurx Inc., Logicgate Inc, EtQ management Consultants, In, among others.

Which region has largest share in Global Pharmaceutical Quality Management Software Market?

Asia-Pacific held the largest share of the Pharmaceutical Quality Management Software market in 2020, with a global market share of 35.2%. The growth in this segment is owing to the factors such as the presence of preeminent players such as Pfizer, Merck, Moderna, and many more.

What are the segmentation of Pharmaceutical Quality Management Software Market?

The market has segmented By Type (On-Premises server, Web and Cloud-based server), By Application (Pre-emptive actions, Restorative actions, Training management, Risk and Quality control, Others), End Users, Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)

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Personalize this Research

  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

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Pharmaceutical Quality Management Software Market ...

RD Code : IT22