Top 10 Companies in Pharmaceutical Quality Management Systems Market

The Pharmaceutical Quality Management Systems Market is projected to reach $ 3.97 billion by 2030, at a CAGR of 15.6% during the forecast period, Says meticulous research^®. Pharmaceutical Quality Management Systems (QMS) are sets of procedures and practices that contribute to the quality of pharmaceutical products. Quality management systems reflect regulatory requirements relevant to industries and companies, promoting continuous improvements and innovation and strengthening the link between manufacturing and development activities throughout product development, manufacturing, and distribution.

The growth of this market is driven by the increasing costs of drug manufacturing, pharmaceutical companies growing need to comply with regulatory requirements, the rapid growth of the pharmaceutical industry, and the benefits of software-based quality management systems. However, the high costs of deploying pharmaceutical quality management systems restrain the growth of this market.

The growing generic drugs & biopharmaceuticals markets and pharmaceutical companies’ increasing preference for platform-as-a-service solutions are expected to generate growth opportunities for the players in this market. However, security concerns related to on-cloud deployments among pharmaceutical organizations are a major challenge for market growth.

Here are the top 10 companies operating in the Pharmaceutical Quality Management Systems Market

HoneywelL International Inc. (U.S.)

Founded in 1906 and headquartered in North Carolina, U.S., Honeywell develops and sells technologies and software solutions to multiple industrial end markets. The company operates in four reportable segments: Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions.

The company operates in pharmaceutical quality management systems management through its Performance Materials and Technologies business segment. Honeywell started operating in the pharmaceutical quality management systems market after acquiring Sparta Systems Inc (U.S.). The company offers various solutions, including audit management, CAPA, change management, complaint management, documentation management systems, and other solutions in the pharmaceutical quality management systems market.

Through its subsidiaries and a strong distribution network, Honeywell has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Some of its major subsidiaries are Sparta Systems Inc (U.S.), Honeywell (China) Co., Ltd. (China), and Honeywell B.V (Netherlands), among others.

IQVIA Holdings Inc. (U.S.)

Founded in 1982 and headquartered in North Carolina, U.S., IQVIA Holdings Inc. provides analytics, technology solutions, and clinical research services to the life sciences industry. The company collects data to provide solutions to healthcare companies.

The company operates through three reportable segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions. The company operates in the pharmaceutical quality management systems market through its Technology & Analytics Solutions segment. The company provides quality and compliance management solutions in the pharmaceutical quality management systems market.

The company has a global presence in over 100 countries and operates in all the major regions, including North America, Asia-Pacific, Europe, the Middle East, and Latin America. It operates facilities in multiple countries, including the U.S., China, Germany, Poland, the Philippines, Denmark, Romania, Spain, and the U.K., through its distributors, subsidiaries, and direct sales to customers.

Dassault Systèmes SE (France)

Founded in 1981 and headquartered in Vélizy-Villacoublay, France, Dassault Systèmes SE is a software company that develops software solutions using virtual experiences.

The company provides sustainable solutions to various industries such as life science, pharmaceutical, automobile, and aviation. The company operates its business in three segments: Manufacturing Industries, Life Sciences & Healthcare, and Infrastructure & Cities. The company operates in the pharmaceutical quality management system market through the Life Sciences & Healthcare segment.

SolidWorks Corp. (U.S.), Dassault Systèmes Americas Corp. (U.S.), Spatial Corp (U.S.), Dassault Systèmes Australia Pty Ltd. (Australia), Dassault Systèmes Canada, Inc. (Canada), Dassault Systèmes UK Limited (U.K.), Dassault Systèmes Simulia Corp. (U.S.), and Dassault Systèmes K.K. (Japan) are few of the subsidiaries of Dassault Systèmes.

Körber AG (Germany)

Founded in 1987 and headquartered in Hamburg, Germany, Körber AG is an international technology and strategic management holding company. They manufacture systems for manufacturing processes used in various industries such as pharmaceutical, digital, and tobacco.

The Körber AG group is divided into five business areas: Digital, Pharma, Supply Chain, Technologies, and Tissue. The company operates in the pharmaceutical quality management systems market through the Pharma business group. Pharma includes solutions for the processes required in manufacturing, inspecting, and packaging medicines and improving the traceability of a product.

The company has offices and manufacturing sites in 171 locations in around 37 countries. Some of the subsidiaries of the company include Werum Software & Systems (Germany), Körber Medipak Systems Gmbh (Germany), Koerber Pharma (Shanghai) Co., Ltd. (China), Körber Pharma, Inc. (U.S.), Koerber Pharma Private Limited (India), and Körber Pharma Switzerland GmbH (Switzerland), among others.

ANTARES VISION S.p.A. (Italy)

Founded in 2007 and headquartered in Brescia, Italy, ANTARES VISION S.p.A. designs, manufactures, installs, and maintains innovative serialization and high-performance inspection systems and machines.

The company operates in life sciences, food & beverage, cosmetics, chemicals, packaging, and many more potential industries. The company operates its business through two segments: Life-Science and Fast-Moving Consumer Goods (FMCG). The company operates in the pharmaceutical quality management systems market through its Life-Science segment.

ANTARES VISION S.p.A has its geographic presence across Europe, North America, South/Central America, Asia/Middle East, and Africa. The company has 2,196 production lines deployed in 200 production plants globally. The company has established a network of over 40 partners and serves more than 60 countries globally. Convel (Italy), Antares Vision Asia Pacific Ltd. (China), Antares Vision Do Brasil (Brazil), and Antares Vision North America (Canada) are some of the subsidiaries of the company.

Meticulous Research in its latest publication on Pharmaceutical Quality Management Systems Market has predicted the growth of 15.6% during the forecast year 2023-2030.

EtQ Management Consultants, Inc. (U.S.)

Founded in 1992 and headquartered in Massachusetts, U.S., EtQ Management Consultants, Inc. is a management software company that provides safety and compliance management solutions, including EHS, compliance, and quality management software.

The company is part of a digital reality solutions company, Hexagon AB (Sweden). EtQ Management was acquired by Hexagon AB (Sweden) in February 2022 to provide data backbone, automation, manufacturing quality control data, non-conformance reports, and much more.

The company also provides design analysis and training services. The company has offices in the U.S. and Europe and offers its products in various industries such as life sciences, food & beverage, automotive, aerospace, chemicals, manufacturing, and medical industries worldwide.

Ideagen plc (U.K.)

 Founded in 1993 and headquartered in Nottingham, U.K., Ideagen delivers software solutions in sectors such as life sciences, healthcare, aviation, financial services, and manufacturing.

The company’s portfolio includes solutions and services that help to solve complex quality, risk, audit, and compliance challenges. In June 2022, Ideagen plc was acquired by Rainforest Bidco Limited (U.K.), a wholly owned subsidiary of HgCapital (U.S.). The company has offices in the U.S., Australia, Malaysia, the U.K., the Middle East, and Southeast Asia. It has approximately 13,000 employees globally.

AssurX, Inc. (U.S.)

Founded in 1993 and headquartered in Nevada, U.S., AssurX, Inc. manufactures adaptable and easy-to-use software platforms to support professionals and orchestrate their business activities through the platform. They provide quality management and regulatory compliance platforms to streamline a sector’s workflow and maintain quality. The company also provides services such as quality management, training management, audit management, and CAPA management.

The company’s platforms are resourceful and reliable in communicating and coordinating information and documenting activities across the enterprise. The AssurX solutions are offered to a wide range of markets, such as medical devices, energy & utilities, pharmaceuticals, biotechnology, consumer goods, food & beverage, and contract manufacturing.

AXSource Consulting, Inc. (Canada)

Founded in 2005 and headquartered in Ontario, Canada, AXSource Consulting, Inc. is a tech-backed consulting company that provides services to business verticals such as Regulatory & Quality and Digital Transformation. Through Digital Transformation, the company provides point-of-sale solutions, ERP and compliance management suite, and quality and compliance solutions to various industries, including pharmaceuticals.

Additionally, through Digital Transformation, the company also provides consulting services to the pharmaceuticals, biologics, cosmetics, natural health products, medical devices, healthcare, information technology, and their allied industries in the area of ERP/CRM Implementation & Support, Application Migraton/Upgrade, Business Consulting & Project Planning, Development, Reporting & Data Migration, Interface Design/Integration, and Application Managed Services (ASAP)

AxSource has offices in the U.S., Canada, India, Australia, and Singapore. With over 17 years of experience in the market, the company has served over 300 clients through digital transformation.

ComplianceQuest, Inc. (U.S.)

Founded in 2013 and headquartered in Tampa, U.S., ComplianceQuest, Inc. is a company that provides software-based solutions for product lifecycle management (PLM), enterprise quality management systems (EQMS), environmental, health, and safety (EHS) that are pre-validated, east-to-use and maintained to provide streamlined communication and collaboration.

The solutions from the company help businesses of various industries, including aerospace and defense, oil & gas, energy and utility, and construction, among others, to maintain and increase the quality and safety of their product.

The company has offices in the U.S., Canada, India, Australia, and the U.K. Lifeguard Solutions, Inc. is one of the subsidiaries of the company. The company has customers in over 1000 locations globally. Around 100,000 end users of the company’s solutions are present across five continents.

Popular Mention: LogicGate, Inc. (U.S.), MasterControl Solutions, Inc. (U.S.), and others.

Authoritative Research on the Pharmaceutical Quality Management Systems Market – Global Opportunity Analysis and Industry Forecast (2023-2030)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

• Recent financial performance
• Key products
• Significant company strategies
• Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.