Report ID: SQSG45F2025
Report ID:
SQSG45F2025 |
Region:
Global |
Published Date: October, 2024
Pages:
165
|
Tables:
125 |
Figures:
77
In 2021, North America held a stake of more than 40% of the worldwide market, dominating it. The Patient Protection and Accountable Care Act (PPACA), passed in 2021, requires compliance with quality standards and calls for the provision of high-quality healthcare facilities. While in Europe, SaaS suppliers implementing solutions on cloud-based platforms must adhere to the General Data Protection Regulation and the European Data Protection Directive (Directive 95/46/EC). Medical enterprises must comply with regulations such device classification and QMS updates under the EU Medical Device Regulation (EU MDR), which superseded the Medical Device Directive in 2021. Over the course of the forecast period, these factors are expected to significantly increase the growth of the QMS market in North America and Europe.
Because expanding economies like China and India are becoming more cognizant of standards and quality, the Asia Pacific area is expected to have the quickest rate of growth in the world. The European Union, Asia Pacific, the United States, and Canada have all made ISO 9000 registration a requirement for doing business with businesses and governmental organisations.
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Report ID: SQSG45F2025