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.
Emergen Research latest document, titled ‘Global Pharmacovigilance Market is one of the most sought-after market reports involving an in-depth analysis of the global Pharmacovigilance market. The report’s authors have offered necessary details on the latest Pharmacovigilance market trends and the crucial parameters impacting both short-term and long-term market growth.
Its panoramic view of the Pharmacovigilance industry entails useful insights into the estimated Pharmacovigilance market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this Industry’s keyoutcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Pharmacovigilance market.
One of the report’s central components is the broad Pharmacovigilance market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period.
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Market Scope:
The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Pharmacovigilance market players.
Leading Players Profiled in the Report:
ArisGlobal, Accenture, Cognizant, IBM Corp., Laboratory Corporation of America , Holdings, IQVIA, BoClinica Inc., Capgemini, Linical Accelovance, ITClinical
Segmental Analysis
The global Pharmacovigilance market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Pharmacovigilance sector in a strategic manner.
The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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Highlights of the TOC:
- Report Overview
1 Research Scope
1.2 Key Pharmacovigilance market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
1 Global Pharmacovigilance market size
2.2 Latest Pharmacovigilance market trends
2.3 Key growth trends - Competitive Landscape
1 Global Pharmacovigilance market key players
3.2 Global Pharmacovigilance size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Pharmacovigilance market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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