Press release
Pharmacovigilance Market Competitive Landscape 2017-2025 : PAREXEL, Quintiles, Synowlwedge, Cognizant Technology Solutions Corporation, and United BioSource
Other factors fueling the growth of this market is the outsourcing of PV services to CROs and BPOs. This in turn has resulted in effective drug regulation system and will fuel the growth opportunities within the pharmacovigilance market. Outsourcing entities offer PV services that have enhanced productivity, high regulatory compliance, and strategic outcomes. This will also help the growth of the pharmacovigilance market.
Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1328
European medicines agency (EMA) and other global organisations such as the World Health Organisation (WHO) have taken many initiatives and created a pressure on biotechnology and pharmaceutical companies to only manufacture safe drugs. This in turn is estimated to boost the demand for pharmacovigilance. Extensive post market monitoring mechanism which is set by government regulatory agencies focusing on the efficacy and safety of pharmaceutical products post launch in the market will also boost the growth of this market. This has boosted the number of PV activities. Several pharmacovigilance centres, National Agencies, and Healthcare providers across nations such as China, France, Romania, India, and Turkey have given the responsibility to pharmaceutical companies to collect information related to adverse effects of drugs. Governments across countries have opened various centres to expand PV services.
The report also discusses various factors that will hamper the growth of the market. Some of the factors affecting the growth of this market include growing sale of drugs online, increasing concerns about patient data safety, and lack of expertise. All these factors are anticipated to restrict the growth of the market. However, the growing number of clinical trials especially phase 3 and 4 clinical trials will create many growth opportunities for players in the market.
Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1328
On the basis of geography, the global pharmacovigilance market will be led by North America, with the US being a key contributor on account of the increasing incidences of ADR and heightened awareness among patients regarding the safety and efficacy of drugs. Stringent Healthcare regulations and increasing efforts and initiatives taken by government to setup PV centres will boost the growth of the market in the Asia Pacific region as well. The rising number of clinical trials conducted as well as increasing population of aged population will also act as growth drivers for the pharmacovigilance market in Asia Pacific.
The report discusses the competitive landscape in much detail. According to the report, collaborations of the pharmaceutical and life science companies with contract research organisations (CRO) so as to expand their market presence across various regions, is emerging as a key strategy. Leading players within the market have been studied in the report. They are: United BioSource, Accenture, Quintiles, Cognizant Technology Solutions Corporation, Boehringer Ingelheim, ICON, Covance, Bristol-Myers Squibb, PAREXEL, and Synowlwedge.
Read Comprehensive Overview of Report @
https://www.tmrresearch.com/pharmacovigilance-market
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pharmacovigilance Market Competitive Landscape 2017-2025 : PAREXEL, Quintiles, Synowlwedge, Cognizant Technology Solutions Corporation, and United BioSource here
News-ID: 1401813 • Views: …
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction
A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are…
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot
The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030.
The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute…
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot
The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030.
The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to…
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot
Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation…
More Releases for Pharmacovigilance
Pharmacovigilance Outsourcing Market 2021 | Detailed Report
Pharmacovigilance Outsourcing Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Pharmacovigilance Outsourcing Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4964765
The report provides a comprehensive analysis of company profiles listed below:
- Clinquest Group B.V
- Cognizant
- LabCorp
- IBM
-…
Global Pharmacovigilance Market & Forecasts
According to a new market research report published by Global Market Estimates, the Global Pharmacovigilance Market is expected to grow at a CAGR of 13.55% during the forecast period. The demand for pharmacovigilance is projected to be high due to the increasing demand for pharmacovigilance services and rising cost-effective initiatives for SMEs companies.
Browse 145 Market Data Tables and 118 Figures spread through 168 Pages and in-depth TOC on "Pharmacovigilance Market…
Pharmacovigilance and Drug Safety Software Market: Pharmacovigilance and Drug Sa …
The global pharmacovigilance and drug safety software market is projected to create new opportunities in the coming years on account of the escalating complexity of drug safety regulations. Among the key contributing factors of the market could be tighter regulatory inspections implemented to control the rise of the incidences of drug-associated adverse events and spiraling concerns pertaining to patient safety.
Pharmaceutical and biotechnology companies are predicted to largely adopt pharmacovigilance software…
Rising Number of Government Pharmacovigilance Centers to Boost Pharmacovigilance …
Pharmacovigilance is a key component of an effective drug regulation system for monitoring and evaluating adverse drug reactions (ADRs). Pharmacovigilance activities are an important part of clinical research and are growing at a significant pace. At present, the global network of pharmacovigilance centers, harmonized by Uppsala Monitoring Centre, are operating on the global level for appropriate functioning of the process of drug safety monitoring across the world. Large volume of…
Pharmacovigilance Market | Forecast up to 2020
Pharmacovigilance is a key component of an effective drug regulation system for monitoring and evaluating adverse drug reactions (ADRs). Pharmacovigilance activities are an important part of clinical research and are growing at a significant pace. At present, the global network of pharmacovigilance centers, harmonized by Uppsala Monitoring Centre, are operating on the global level for appropriate functioning of the process of drug safety monitoring across the world. Large volume of…
Pharmacovigilance Market Research Report Forecast to 2020
Pharmacovigilance is a crucial component of an effective drug regulation system and is used for evaluating and monitoring adverse drug reactions. Pharmacovigilance activities are essential for conducting clinical research. Currently, the global network of pharmacovigilance centers is operating effectively to assure appropriate functioning of drug safety procedures. The large volume of international adverse drug reaction reports collected and stored in a central database assists the national drug regulatory authorities to…
