The Global Pharmacovigilance Market Report is a comprehensive report on the Pharmacovigilance market, offering key insights on business strategies, current trends, and presenting qualitative and quantitative analysis of the Pharmacovigilance market. This report offers in-depth research insights on key and significant aspects of the Pharmacovigilance market, providing an in-depth analysis of key drivers, restraints, restraints, growth prospects, threats, and risks. The report also includes an in-depth analysis of the competitive landscape and regional scope of the Pharmacovigilance market. Additionally, the report will be updated in line with changes in market dynamics and economic scenarios due to the COVID-19 pandemic. This report assesses the impact of the pandemic on the overall market and provides an in-depth assessment of the current and future impact of the COVID-19 pandemic on the industry.

The global pharmacovigilance market is expected to be worth USD 12.48 Billion by 2027, according to a current analysis by Emergen Research. The market for pharmacovigilance is experiencing rapid growth attributed to a rise in application for spontaneous reporting, electronic health record (HER) mining, cohort event monitoring, and intensified adverse drug reaction (ADR) reporting, among others. The pharmacovigilance primarily emphasizes on on ADR (adverse drug reactions) and cases of drug toxicity. According to the statistic released by WHO, about 5.0% of hospitalized patients in the developed nations are admitted into the hospital due to adverse drug reactions, and 6.0% to 10% of in-patients are anticipated to observe a severe adverse reaction for the duration of hospitalization.

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The global Pharmacovigilance market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Pharmacovigilance industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

Key Companies Profiled in the Report are

ArisGlobal, Accenture, Cognizant, IBM Corp., Laboratory Corporation of America , Holdings, IQVIA, BoClinica Inc., Capgemini, Linical Accelovance, ITClinical

Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Pharmacovigilance market
  • Sales revenue by key players and new entrants
  • Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight to recent trends and opportunities

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Pharmacovigilance Market Segmentation:

  • Type Outlook (Revenue, USD Million; 2017-2027)

    • Spontaneous Reporting
    • Intensified Adverse Drug Reaction (ADR) Reporting
    • Targeted Spontaneous Reporting
    • Cohort Event Monitoring
    • Electronic Health Record (HER) Mining
  • Service Provider Outlook (Revenue, USD Million; 2017-2027)

    • In-House
    • Contract Outsourcing
  • Clinical Trial Phase Outlook (Revenue, USD Million; 2017-2027)

    • Pre-Clinical
    • Phase I
    • Phase II
    • Phase III
    • Phase IV

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Pharmacovigilance market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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