Pharmacovigilance Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1418 | Report Format : | Status : Upcoming |

Abstract

Global Pharmacovigilance Market: Overview

Owing to the use of drugs or any of the pharmaceutical products if there are adverse effects arising then in order to prevent, detect, monitor, and collect it a scientific process is done which is known as pharmacovigilance. With the help of the services that are provided by pharmacovigilance one is able to do activities that are related to drug development that is from its discovery to its commercialization. It also consists of software and tools which help in creating, reviewing, classifying, and other data. It plays an important role in the drug regulation system which helps in the evaluation and monitoring of the adverse drug reactions.

Global Pharmacovigilance Market: Segmentation

The global pharmacovigilance market is segmented into its clinical trial phase, service provider, and regions. On the basis of the clinical trial phase, the global pharmacovigilance market is segregated into Phase I, II, III, IV, and preclinical. Based on the service provider, the market is categorized into contract outsourcing and in- house. Geographically, the global market is diversified into Asia Pacific, North America, Europe, and Rest of the World.

Global Pharmacovigilance Market: Growth Factors

The major factors that are contributing to the growth of the pharmacovigilance market are stringent regulations by various agencies related to drug approvals, rising incidences of ADR, and the increasing patient awareness regarding the safety of drugs. The other factor that propelled the growth of the market is the strict guidelines for the clinical trials of the new therapies of drug and the strict requirements to keep the electronic medical records. The initiatives that are taken by the renowned regulatory organizations regarding the safe manufacturing of the drugs have pressurized different pharmaceutical and biotechnology companies. The recent trend of outsourcing the pharmacovigilance services to CROs and BPOs have resulted in the drug regulation system to run effectively. The services that are outsourced have enhanced productivity, high regulatory compliance, and better strategic outcomes thus triggering the growth of the pharmacovigilance market. The factors that are restraining the market growth are concerns of patient data safety, lack of expertise, and rise in the web-based sale of drugs.

Global Pharmacovigilance Market: Regional Analysis

The region that dominates the pharmacovigilance market is the North America. The country that contributed the largest market share in the North American region is the US. The factors that contributed to this growth are the increasing death rates owing to the ADR and the high awareness among the patients regarding the efficacy and safety of drugs. There is good market growth in the Asia-Pacific region. The factors that contribute to the market growth of the pharmacovigilance are vast geriatric base, rising number of clinical trials conducted, stringent health care regulations, and intense government initiatives to set up PV centers.

Global Pharmacovigilance Market: Competitive Players

The major market players in the pharmacovigilance market include Boehringer Ingelheim, ICON, Parexel, Synowlwedge, United BioSource, Accenture, Bristol-Myers Squibb, Covance, Quintiles, and Cognizant Technology Solutions Corporation.

Global Pharmacovigilance Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Sarcopenia Market: by Supplement Type (Protein Supplement, Vitamin D & Calcium Supplement, and Vitamin B12 Supplement) and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Hypermarket & Supermarket): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3631 | Report Format:

The report covers a forecast and an analysis for the sarcopenia market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the sarcopenia market al...Read More

Pharmaceutical Robots Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3615 | Report Format:

Global Pharmaceutical Robots Market: Overview Pharmaceutical robots are broadly used in various applications in the medical sector. A wide range of medical divisions, such as pharmacies and laboratories, utilize pharmaceutical robots to execute various drug manufacturing methods. This is primari...Read More

Vitamin D Ingredients Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3605 | Report Format:

Global Vitamin D Ingredients Market: Overview Vitamin D ingredients can be utilized in diluted drinks. Customers mainly opt for vitamin D drinks, owing to the cultural fondness of beverages in various American and European countries. The consumption rate of beverages containing vitamin D, such a...Read More

Nootropics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3593 | Report Format:

Global Nootropics Market: Overview Nootropics are medicines and natural derivatives that enhance cognitive functions including memory, motivation, and creativity in healthy persons. Nootropics have been accessible across the globe for many years and were constituted of ingredients such as multiv...Read More

Medical Membranes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3585 | Report Format:

Global Medical Membranes Market: Overview Medical membrane market is expected to observe an unprecedented development in the upcoming years, due to its maximum use in various sectors, such as biotechnology, pharmaceuticals, and healthcare, among others. At present, medical membranes are extensiv...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.