Computer System Validation (CSV) Market Size & Share, by Type of Service (Consulting Service, Testing Service, Documentation Service, Training Service, Others); Application (Pharmaceuticals, Biotechnology, Medical Devices, Clinical Research Organization, Others) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5839
  • Published Date: Mar 08, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Computer System Validation Market size is expected to reach USD 11 billion by the end of 2036, growing at a CAGR of 11% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of computer system validation was USD 3 billion. This growth of the computer system validation market is set to be influenced by the growing risk of cyber security. For instance, every day, almost 3999 new cyberattacks take place. A ransomware assault may cause a corporation to suffer catastrophic financial losses about every 13 seconds, and over 559,000 new malware samples are found every day. Hence, organizations need to guarantee the security and integrity of their data, especially in regulated industries where sensitive data is involved. CSV ensures data integrity and protects against security breaches by evaluating data processing, transmission, and storage methods.

Furthermore, Computer systems become increasingly sophisticated as a result of changes in technology and the digital age. Numerous parts, interfaces, and linked procedures could be present in these systems. CSV services are in greater demand since validating such complex systems demands requires particular expertise and expertise.


Computer System Validation Market
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Computer System Validation Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Integration of AI & MI in Computer System Validation- The world of CSV has been completely transformed by artificial intelligence. The way people approach system validations is changing as a result of useful applications that use AI-driven approaches including machine learning, predictive analytics, and automated test execution. These technologies increase validation processes' correctness and dependability in addition to their efficiency. AI is capable of streamlining test cases, quickly spotting possible inconsistencies, and guaranteeing that systems are not only compliant but also performing at the highest possible safety standards.
  • Rising Adoption of Cloud Computing- Cloud computing is becoming more and more popular across all industries. For instance, in 2023, over 89% of organizations were utilizing the cloud across the world.  For many businesses that are required to store, process, and access data and apps online, cloud computing is a well-liked and affordable solution. However, in a regulated sector that adheres to good manufacturing practices standards, including biotechnology, pharmaceuticals, or medical devices, one must make sure that the cloud-based systems and applications have been verified in compliance with all applicable rules and regulations. Particularly, to handle the particular difficulties and factors involved in verifying cloud-based systems, such as vendor certification, data residency, and system accessibility, CSV is developing.
  • Surge in Adoption of Computer System Validation by Pharmaceutical Companies- Nowadays, a validation program must be established to show that any procedure, process, equipment, material, activity, or system truly produces the expected results. This requirement applies to the health industries, which include pharmaceuticals (human and veterinary), petrochemicals, (APIs and excipients), biologics, biotechnology, blood products, and medical devices. Validation is necessary to meet normative requirements and ensure the integrity and traceability of information as well as product quality for computerized systems that affect patient health, insurance quality, good practices, and product quality (GxP, for instance, in the case of those that support production processes, input and finished product storage, documentation management, electronic records, and more).

 

Challenges

  • Growing Cost & Complexity - CSV procedures may be difficult and time-consuming, requiring specialized knowledge, supplies, and paperwork. The complexity and cost of CSV can also rise with the use of complicated computer systems and technologies like artificial intelligence and cloud computing. Implementing CSV can be difficult and more expensive overall because of the requirement for highly qualified staff, validation instruments, and copious amounts of documentation.
  • Changing Regulation Landscape - Regulations and guidelines are frequently updated and changed in areas including healthcare and pharmaceuticals. It can pose a challenge for organizations to stay abreast of constantly changing legislation and guarantee compliance. Complicateries and delays may arise from the necessity to modify CSV procedures to comply with new standards and regulations.
  • Absence of Standardization

Computer System Validation Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~11%

Base Year Market Size (2023)

~ USD 3 Billion

Forecast Year Market Size (2036)

~ USD 11 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Computer System Validation Segmentation

Type of Service (Consulting Service, Testing Service, Documentation Service, Training Service, Others)

The documentation service segment predicted to account for 40% share of the global computer system validation market during the forecast period. In computer system validation, documentation services are the key components that encompass the creation and execution of the necessary documentation for completing a successful CSV project. The process of making sure a computerized system performs as intended, consistently and reliably, is known as system validation. A system's compliance with applicable GxP requirements and its ability to monitor the quality of the data it processes are both demonstrated via validation, which involves the production and upkeep of records.

Application (Pharmaceuticals, Biotechnology, Medical Devices, Clinical Research Organizations, Others)

The pharmaceuticals segment is predicted to account for 40% share of the global computer system validation (CSV) market during the forecast period. To manufacture pharmaceutical products such as excipients, biotechnology, Active Pharmaceutical Ingredients (APIs), and more., the pharmaceutical business has to develop a validation strategy that outlines how the equipment, methods, raw materials, and procedures will determine the desired outcomes. CSV inspections and audits by the FDA and other regulatory agencies place a strong emphasis on computerized systems utilized in the pharmaceutical business for the storage, management, or transmission of data about regulatory compliance. Any system needed to create, edit, preserve, or send electronic signatures and electronic records falls under this category. For these systems to be secure and operate as intended, a CSV must be performed as part of the validation process. Furthermore, pharmaceutical companies have also observed a rise in investment in research & development which is also boosting the growth of the computer system validation market. Around 243 billion US dollars were spent on research and development in the pharmaceutical sector worldwide in 2022.

Our in-depth analysis of the global computer system validation market includes the following segments:

     Type of Service

  • Consulting Service
  • Testing Service
  • Documentation Service
  • Training Service
  • Others

     Application

  • Pharmaceuticals
  • Biotechnology
  • Medical Devices
  • Clinical Research Organization
  • Others

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Computer System Validation Industry - Regional Synopsis

North American Market Forecast

The North American computer system validation (CSV) market is poised to gather the largest share in the revenue about 35% over the coming years. This growth is set to be influenced by the rising presence of pharmaceutical companies in this region. As of 2023, the United States is dedicated to more than 4,999 pharmaceutical companies. Moreover, the computer system validation market is shifting towards a lifecycle approach that takes into account a system's whole lifespan in this region. Throughout the whole system lifecycle, from design and development to retirement and decommissioning, organizations are integrating validation processes. Throughout the system's lifetime, this comprehensive approach guarantees continuous compliance, quality, and risk management. Furthermore, these days, new technologies including machine learning and robotic process automation (RPA) are utilized to automate repetitive validation processes, centralize documentation, improve requirement traceability, and expedite workflows for approval and review in this region. This helps companies cut expenses, expedite validation schedules, and enable continuous system validation throughout the system's lifetime.

European Market Analysis

The European computer system validation market is also estimated to have notable growth in the revenue over the coming years. This could be owing to the rising launch of various developments by key players in this region. Some of the major contributors to the computer system validation (CSV) market are the United Kingdom, France, and Germany. Moreover, the necessity of secure validation procedures is further highlighted by the growing awareness of cybersecurity dangers, which increases the demand for sophisticated CSV solutions. Additionally, the investment in pharma 4.0 is growing in this region which is also expected to dominate the computer system validation market expansion. CSV used to be a labor-intensive manual process. However, many of the CSV activities can now be automated as a result of Pharma 4.0, which could speed up innovation and increase productivity.

Research Nester
Computer System Validation Market size
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Top Featured Companies Dominating the Computer System Validation Market

top-features-companies
    • Hewlett Packard Enterprise Development LP
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Wipro Limited
    • IBM Corporation
    • Infosys Limited
    • Capgemini
    • Cognizant Technology Solutions Corporation
    • TATA Consultancy Services Limited
    • Deloitte Touche Tohmatsu Limited
    • Accenture
    • PAREXEL International (MA) Corporation

In-the-news

In The News

  • A next-generation compute portfolio that offers a cloud operating experience intended to support hybrid environments and digital transformation was unveiled by Hewlett Packard Enterprise. Organizations can now benefit from intuitive, dependable, and optimized compute resources thanks to the new HPE ProLiant Gen11 servers. These servers are perfect for a variety of contemporary workloads, such as virtualization, analytics, AI, cloud-native apps, machine learning, and graphic-intensive apps.
  • To incorporate artificial intelligence (AI) into every platform, tool, and solution used both internally and externally, Wipro Limited, a preeminent provider of technology services and consulting, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem. This builds on Wipro's ten-year investments in AI. The company said that it would invest $1 billion over the next three years to advance AI capabilities in addition to launching Wipro ai360.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5839
  • Published Date: Mar 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are the growing integration of AI & MI in computer system validation, the rising adoption of cloud computing, and the surge in the adoption of computer system validation by pharmaceutical companies.

The market size of computer system validation is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2024-2036.

The major players in the market are Hewlett Packard Enterprise Development LP, Wipro Limited, IBM Corporation, Infosys Limited, and others.

The documentation services segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Computer System Validation Market Report Scope
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