The Global Computer System Validation Market Growth Accelerated By Streamlining Validation Process
Computer System Validation Market |
Computer system validation is an important process to ensure that software solutions and applications function reliably and as intended throughout their lifecycles. It involves thoroughly documenting key requirements, developing acceptance criteria against which validation testing is performed, and verifying systems through testing before going live. With increasing adoption of automated systems and cloud technology across industries like healthcare and life sciences, computer systems validation plays a key role in establishing compliance with regulatory directives and meeting quality standards.
The global Computer System
Validation Market is estimated to be valued at US$ 3.73 Bn in 2023 and is
expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
Streamlining the validation process has become a key trend in the computer
system validation market. Legacy validation practices involved extensive
documentation, testing and sign-offs which lengthened the time taken to
validate systems. New technologies like robotic process automation (RPA),
artificial intelligence (AI) and machine learning are now being leveraged to
automate repetitive validation tasks, centralize documentation, enhance
traceability of requirements and streamline review and approval workflows. This
is helping organizations accelerate validation timelines, reduce costs and
facilitate ongoing system validation throughout the lifecycle. Standardization
of best practices, process templates and automation playbooks further aids in
streamlining validation efforts across diverse digital systems and platforms.
Segment Analysis
The global computer system validation market is dominated by the services
sub-segment owing to the increasing demand for validation support across
various industry verticals. The services sub-segment includes validation
services such as change management services, automated validation services and
compliance management services. These computer system validation services help
organizations ensure that their systems comply with regulatory guidelines and
are working efficiently.
Key Takeaways
The global Computer
System Validation Market Demand is expected to witness high growth over
the forecast period of 2023 to 2030. The rising demand for automation in
validation processes along with stringent regulations for product safety are
driving the market growth. The global Computer System Validation Market is
estimated to be valued at US$ 3.73 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.
Regional analysis
North America is currently the largest and fastest growing regional market for
computer system validation. Stringent regulations enforced by the FDA regarding
computer systems used in the pharmaceutical and biotechnology industries have
led to significant demand for validation services in the region. Additionally,
the presence of many global players offering advanced validation solutions has
further augmented the North America computer system validation market.
Key players
Key players operating in the computer system validation market are SAP SE,
Oracle Corporation, IBM Corporation, Microsoft Corporation, SAS Institute Inc.,
Infor, JDA Software, TraceLink, GS1, and Owens & Minor. SAP SE offers
integrated cloud-based validation solutions while Oracle Corporation provides
modular validation software suites. IBM Corporation focuses on validation
consulting services for regulated industries.
Explore more related article on this topic: https://www.newsanalyticspro.com/the-global-computer-system-validation-market-analysis/
Comments
Post a Comment