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Global Pharmacovigilance Market (By Service Provider - In-house, Contract Outsourcing. By Product Life Cycle - Pre-clinical, Phase I, Phase II, Phase III, Phase IV. By Type - Spontaneous Reporting, Intensified ADR Reporting, Targeted Spontaneous Reporting, Cohort Event Monitoring, EHR Mining. By Process Flow - Case Data Management, Risk Management System. By Therapeutic Area – Oncology, Neurology, Cardiology, Respiratory Systems. By End-Use – Pharmaceuticals, Biotechnology Companies, Medical Device Manufacturers. By Geography – North America, Latin America, Europe, Asia Pacific, Middle East and Africa.) - Global industry analysis, size, share, growth, trends and forecast, 2021 – 2031. Post-Covid Analysis

Published Date : January 2021 | Report Id : HCMD 149 | Format : PDF, PPT | Slides : 90
Report Type : Syndicate Report

The Global Pharmacovigilance Market was $6.9 Bn in 2020, and it is expected to reach $21.4 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 10.1% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased cases of chronic diseases like diabetes, oncological diseases, cardiovascular and respiratory disorders have led to the consumption of the drug across the world. Also the increased incidences of Adverse Drug Reactions ADRs) will help to accelerate the growth of this market during the forecasted period.

Global Pharmacovigilance Market Is Estimated To Witness Remarkable Growth

Pharmacovigilance Market

Source: SAI Research

The Global Pharmacovigilance Market has been segmented into Service provider, product life cycle, type, process flow, therapeutic area, end-use. On the basis of the service provider, Global Pharmacovigilance Market has been segmented into In-house, Contract Outsourcing. On the basis of product life cycle it has been segmented into Pre-clinical, Phase I, Phase II, Phase III, Phase IV. On the basis of type it has been segmented into Spontaneous Reporting, Intensified ADR Reporting, Targeted Spontaneous Reporting, Cohort Event Monitoring, EHR Mining. On the basis of process flow it has been segmented into Case Data Management (Case Logging, Case Data Analysis, Medical Reviewing & Reporting), Signal Detection (Adverse Event Logging, Adverse Event Analysis, Adverse Event Review & Reporting), Risk Management System (Risk Evaluation System, Risk Mitigation System). On the basis of the Therapeutic Area, it has been segmented into Oncology, Neurology, Cardiology, Respiratory Systems, Others. On the basis of end-use, it has been segmented into Pharmaceuticals, Biotechnology Companies, Medical Device Manufacturers, Others.

By Region, North America Is Holding The Major Market Share

The Global Pharmacovigilance Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, North America Global Pharmacovigilance Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the forecasted period. the increased level of drug abuse and its associated drug reactions is the main cause of morbidity and death. This has led the region to dominate the market during the forecasted period. besides this Asia Pacific is also going to witness remarkable growth during the forecasted period.

Major Players in Global Pharmacovigilance Market

Some of the major players in the Global Pharmacovigilance Market include Accenture, Linical Accelovance, Cognizant, Laboratory Corporation of America Holdings, IBM Corporation, ArisGlobal, ICON plc., Capgemini, ITClinical, FMD K&L, IQVIA, TAKE Solutions Ltd., PAREXEL International Corporation, BioClinica Inc., Wipro Ltd., United BioSource Corporation.

The Global Pharmacovigilance Market Has Been Segmented Into:

Global Pharmacovigilance Market, By Service Provider

  • In-house
  • Contract Outsourcing

Global Pharmacovigilance Market, By Product Life Cycle

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

Global Pharmacovigilance Market, By Type

  • Spontaneous Reporting
  • Intensified ADR Reporting
  • Targeted Spontaneous Reporting
  • Cohort Event Monitoring
  • EHR Mining

Global Pharmacovigilance Market, By Process Flow

Case Data Management

  • Case Logging
  • Case Data Analysis
  • Medical Reviewing & Reporting

Signal Detection

  • Adverse Event Logging
  • Adverse Event Analysis
  • Adverse Event Review & Reporting

Risk Management System

  • Risk Evaluation System
  • Risk Mitigation System

Global Pharmacovigilance Market, By Therapeutic Area

  • Oncology
  • Neurology
  • Cardiology
  • Respiratory Systems
  • Others

Global Pharmacovigilance Market, By End-Use

  • Pharmaceuticals
  • Biotechnology Companies
  • Medical Device Manufacturers
  • Others

Global Pharmacovigilance Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA
Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

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