The Computer System Validation CSV market was valued at US$ 3.39 billion in 2022 and is expected to reach US$ 7.33 Billion by 2030, growing at a compound annual growth rate (CAGR) of 10.1% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 3.39 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
10.10% |
2030 Value Projection: |
US$ 7.33 Bn |
Figure 1. Global Computer System Validation (CSV) Market, By Region
Computer System Validation (CSV) enables companies to validate, test, and formally document that a regulated computer-based system does exactly what it is supposed to do. This ensures that the process in which drugs and medical devices are manufactured is safe, accurate, robust and traceable. CSV aims to prevent errors, improve the efficiency of processes, reduce compliance risks and facilitate inspections by regulatory organs. This is the process that replaces handwritten signatures and paper records in environments that are highly regulated and affect public health and safety like pharmaceutical, medical device and veterinary industries.
Market Dynamics:
Increasing global demand for pharmaceutical products and a greater emphasis on patient safety, and an increase in digital health devices and software-based systems within GxP environments are the factors expected to augment growth of the global computer system validation (CSV) market over the forecast period.
However, varying regulatory standards across organizations and high cost are expected to hinder growth of the global computer system validation (CSV) market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global Computer System Validation (CSV) market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Computer System Validation (CSV) market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include IBM Corporation, Hewlett Packard Enterprise, Infosys Limited, Wipro Limited, Capgemini SE, Cognizant Technology Solutions Corporation, TATA Consultancy Services Limited, Deloitte Touche Tohmatsu Limited, Accenture plc., PAREXEL International Corporation, PwC International Limited, IQVIA Holdings Inc., Tata Technologies Limited, Computer Sciences Corporation (CSC), and Eurofins Scientific SE
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Computer System Validation (CSV) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Computer System Validation (CSV) market
Detailed Segmentation:
- Global Computer System Validation (CSV) market, By Type of service:
- Consulting services
- Testing services
- Documentation services
- Training services
- Other services
- Global Computer System Validation (CSV) market, By End use:
- Pharmaceuticals
- Biotechnology
- Medical devices
- Clinical research organizations (CROs)
- Other regulated industries
- Global Computer System Validation (CSV) market, By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profile:
- IBM Corporation
- Hewlett Packard Enterprise
- Infosys Limited
- Wipro Limited
- Capgemini SE
- Cognizant Technology Solutions Corporation
- TATA Consultancy Services Limited
- Deloitte Touche Tohmatsu Limited
- Accenture plc.
- PAREXEL International Corporation
- PwC International Limited
- IQVIA Holdings Inc.
- Tata Technologies Limited
- Computer Sciences Corporation (CSC)
- Eurofins Scientific SE