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16-Mar-2021

Global Drug Safety Solutions And Pharmacovigilance Market Is Projected To Register A Substantial CAGR Of 7.4% In The Forecast Period Of 2019 To 2026.

DBMR has added a new report titled Global Wearable Medical Devices Market with data Tables for historical and forecast years represented with Charts & Graphs spread through Pages with easy to understand detailed analysis. This also Report has also been compiled to provide various market aspects such as size, share, trends, dynamics, growth, sales, and industry analysis. The competitive analysis taken place in this report include strategic profiling of key market players, their core competencies, their strong and weak points, and the competitive landscape of the market which supports businesses illustrate their individual strategies.

Also, in 1961, European Pharmacovigilance was established after the tragedy of thalidomide which caused an adverse drug reaction named as phocomelia. In 1975, Practolol, a beta-receptor blocker agent, caused sclerosing peritonitis, and most recent is the event of 2007, where veralipride, a CNS depressant agent, caused so many ADRs such as anxiety, depression and movement disorders. Thus the medicines are made for life saving purpose, not for life threatening purpose. In the U.S., ADRs are among the top 10 causes of death, and in the U.K., it was observed that ADRs may cause 5,700 deaths per year.

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Drivers: Drug Safety Solutions and Pharmacovigilance Market

  • Increase in R & D expenditure by pharmaceutical and biopharmaceutical companies
  • Increase in the number of adverse drug reactions (ADRS)

Restraint:

  • High cost of drug safety solutions & pharmacovigilance

Opportunities:

  • Automation in drug safety solutions & pharmacovigilance
  • Research collaborate ions and partnerships
  • Strategic initiatives by market players

Challenge:

  • The misreporting and miscoding of adverse events

List of Table:

TABLE 1 CLINICAL TRIAL CONDUCTED IN DIFFERENT LOCATIONS

TABLE 2 TOP 20 PHARMA COMPANIES BY SIZE OF PIPELINE

TABLE 3 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY TYPE, 2017-2026 (USD MILLION)

TABLE 4 GLOBAL SOFTWARE IN DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY REGION, 2017-2026 (USD MILLION)

TABLE 5 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY SOFTWARE, 2017-2026 (USD MILLION)

TABLE 6 GLOBAL ADVERSE EVENT REPORTING SOFTWARE IN DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY REGION, 2017-2026 (USD MILLION)

TABLE 7 GLOBAL ADVERSE EVENT REPORTING SOFTWARE IN DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY SOFTWARE, 2017-2026 (USD MILLION)

TABLE 8 GLOBAL DRUG SAFETY AUDITS SOFTWARE IN DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET, BY REGION, 2017-2026 (USD MILLION)

By Geography:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

This Free report sample includes:

  • A brief introduction to the research report.
  • Graphical introduction of the regional analysis.
  • Top players in the market with their revenue analysis.
  • Selected illustrations of market insights and trends.

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Leading Key Players:

Some of the major players operating in global drug safety solutions and pharmacovigilance market are Pharmaceutical Product Development, LLC, Drug Safety Solutions Limited, C3i, Worldwide Clinical Trials, Bioclinica, United Biosource LLC, Ennov, AB Cube, Covance Inc., Accenture, PRA Health Sciences, Inc., Ergomed, IQVIA, Genpact, Cognizant, Parexel International Corporation, ArisGlobal, ICON plc, Oracle, Syneos Health among others.

Why Choose DBMR?

  • Regional demand estimation and forecast
  • Pre-commodity pricing volatility
  • Technological updates analysis
  • Location Quotients Analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Product Mix Matrix
  • Vendor Management 

Figure:

FIGURE 1 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: SEGMENTATION

FIGURE 2 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: DATA TRIANGULATION

FIGURE 3 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: DROC ANALYSIS

FIGURE 4 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET : GLOBAL VS REGIONAL MARKET ANALYSIS

FIGURE 5 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET : COMPANY RESEARCH ANALYSIS

FIGURE 6 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: DBMR MARKET POSITION GRID

FIGURE 8 GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET: VENDOR SHARE ANALYSIS

FIGURE 9 DRIVERS, RESTRAINT, OPPORTUNITIES AND CHALLENGE OF GLOBAL DRUG SAFETY SOLUTIONS & PHARMACOVIGILANCE MARKET

FIGURE 10 CLINICAL TRIAL CONDUCTED PER YEAR (AS OF 22 OCTOBER, 2019)

FIGURE 11 THE MARKET GROWTH IN CLINICAL CONTRACT RESEARCH ORGANISATION (CRO) (IN USD MILLIONS)

FIGURE 12 THE FUNCTION OF CRO

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Last Updated: 16-Mar-2021