Pharmacovigilance Market: A Complete Guide for Investors and Researchers

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Market Size – USD 6.97 Billion in 2021, Market Growth – at a CAGR of 10.5%, Market Trends –Cloud-based reporting of adverse drug events

Emergen Research has recently published a detailed report on the global Pharmacovigilance market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Pharmacovigilance market through verified and validated data curated to offer accurate insights.

It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Pharmacovigilance market.

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.

The report is updated with the impact of the COVID-19 pandemic on the Pharmacovigilance market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Pharmacovigilance market has been positive or negative.

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The report further divides the Pharmacovigilance market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Pharmacovigilance market.

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

Segment33

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The report also studies the key companies of the Pharmacovigilance market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:

Key companies operating in the Pharmacovigilance market include:

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

The Global Pharmacovigilance Report is a panoramic study of the overall Pharmacovigilance market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Pharmacovigilance market. The report provides a detailed analysis of the key factors of the Pharmacovigilance market that are expected to have a positive impact on the growth of the Pharmacovigilance industry.

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Regional Segmentation

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)

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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