openPR Logo
Press release

What are the Growth Drivers of Cosmetovigilance Market ? Top Players - Cliantha, PharSafer, FMD K&L, Freyr, OC Vigilance, MSL Solutions Providers, Poseidon CRO, Skill Pharma and ZEINCRO

04-15-2019 03:17 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Cosmetovigilance Market

Cosmetovigilance Market

Cosmetovigilance Market size is set to exceed USD 4 billion by 2025; according to a new research report by Global Market Insights.

Growing risk associated with use of cosmetic products is expected to drive cosmetovigilance industry growth throughout analysis period. Cosmetics such as skin brightening creams, moisturizers and skin ointments contain several chemical compounds that may not suit every individual and may generate certain type of skin reactions resulting in high demand for cosmetovigilance services. Besides, beauty products and shampoos can also cause skin irritations and rashes. Adverse events are reported against these conditions that proves beneficial for industry growth as it increases the demand for fixation of the condition.

Technological advances in cosmetovigilance software will positively influence industry growth over the coming years. Recently developed cosmetovigilance software provide enhanced user interface and data integrity. Moreover, these software are highly reliable as they provide data security. Therefore, availability of advanced cosmetovigilance software should spur revenue size. However, lack of awareness regarding cosmetovigilance in developing and underdeveloped countries will hamper cosmetovigilance market growth in foreseeable future.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/3119

Post-marketing services segment is anticipated to witness over 6% CAGR during forecast timeframe. Increasing number of adverse reactions reported against marketed cosmetic and other skin care products will drive segmental growth. The post-marketing surveillance of cosmetics using upgraded software has significantly reduced incidences of reactions and inflammations in individuals. Thus, above mentioned factors will stimulate the segmental growth in upcoming years.

Skincare products segment is expected to have significant revenue share of more than 24% in 2018. Stupendous segmental revenue share is attributable to growing incidences of skin rashes and acne cosmetica. According to Mercola, around 13,000 chemicals are used in cosmetics and only 10% of them have been tested for safety. Hence, there have been cases where companies manufacturing cosmetics were sued by authorities such as U.S. FDA. Number of adverse events for personal care products surged to 1,600 in 2016. This scenario created hike in demand for technologically upgraded software that help in managing issues related to skincare products that should surge segmental growth.

Contract research organizations (CROs) segment will experience over 7% CAGR during the forecast timeframe. Medium-size cosmetic product manufacturing companies prefer expertise of CROs that provides comprehensive solutions. Additionally, small size cosmetic products manufacturing companies do not have separate facility for carrying out the safety surveillance of products. Advanced cosmetovigilance system from CROs reduces the cost of setting up an entire unit and enables time management for the small-size companies thereby, fosters the segment growth.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/3119

Europe cosmetovigilance market witnessed more than 33% revenue share in 2018 and is anticipated to grow exponentially over forecast timeframe. Positive regulatory framework supports Europe cosmetovigilance market growth. For instance, EU Commission implements certain guidelines for reporting cases against adverse events. Therefore, scenario in Europe is promising for new entrants willing to grab potential share in cosmetovigilance market as the laws and trade policies are favorable. Moreover, awareness regarding availability of technologically advanced cosmetovigilance system is considerably high that will prove beneficial for the regional industry growth.

Some of the major business competitors operating in the cosmetovigilance industry includes Cliantha, PharSafer, FMD K&L, Freyr, OC Vigilance, MSL Solutions Providers, Poseidon CRO, Skill Pharma and ZEINCRO. These players have gathered enormous profits by harnessing available opportunities. Additionally, companies adopt several strategic initiatives such as mergers, acquisitions and new product launch to sustain intense competition. Also, regional regulatory authorities have framed regulations that favor development in cosmetovigilance industry. Companies such as MSL Solutions Providers and others comply with these regulations thus, minimizing the incidences of adverse events.

Cosmetovigilance market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:

Cosmetovigilance Market, By Service Type, 2014-2025 (USD Million)
o Pre-marketing services
o Clinical safety testing
o Document writing
o Risk management
o Others
o Post- marketing services
o Case intake
o Case triage
o Data entry & acquisition
o Tracking and reporting
o Others

Cosmetovigilance Market, By Reported Categories, 2014-2025 (USD Million)
o Skincare
o Makeup
o Haircare
o Perfumes and deodorants
o Hair colorants
o Others

Cosmetovigilance Market, By Service Provider, 2014-2025 (USD Million)
o Clinical research organizations (CROs)
o Business process outsourcing (BPOs)

The above information is provided for the following regions and countries:
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
• Asia Pacific
o China
o India
o Japan
• Latin America
o Brazil
o Mexico
• Middle East Asia & Africa
o Saudi Arabia
o South Africa
o UAE

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Blog : http://news-researchers.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 What are the Growth Drivers of Cosmetovigilance Market ? Top Players - Cliantha, PharSafer, FMD K&L, Freyr, OC Vigilance, MSL Solutions Providers, Poseidon CRO, Skill Pharma and ZEINCRO here

News-ID: 1703558 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Cosmetovigilance

Cosmetovigilance Market Is Booming Worldwide with Cliantha, Freyr, Poseidon
Stay up-to-date and exploit latest trends of Cosmetovigilance Market with latest edition released by AMA. The latest study released on the Global Cosmetovigilance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Cosmetovigilance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends,
Cosmetovigilance Market Key Opportunities, Strategic Assessment Forecast To 2022
Precision Business Insights published a research report on "Cosmetovigilance Market by Type (Skin Care Safety, Hair Colorant Safety, Perfume Safety, Hair Care Product Safety and Others), By Application (Clinical Research Organizations and Business Process Outsourcing) - Global/Region/Country Forecast to 2028". Cosmetovigilance is a relatively new concept that combines two terms: pharmacovigilance, which refers to activities such as collecting, detecting, evaluating, measuring, and deterring adverse effects while using medications, and
Cosmetovigilance Market Analysis by Key Players & Industry Size 2027
Allied Market Research published a report, titled, “Cosmetovigilance Market: Global Opportunity Analysis and Industry Forecast, 2020-2027". According to the report, the Global Cosmetovigilance industry garnered $XX billion in 2019, and is expected to generate $xx billion by 2027, witnessing a CAGR of xx% from 2020 to 2027. Click Here To Access Sample Report https://www.alliedmarketresearch.com/request-sample/11292 Major players analyzed include iSafety, Pharmathen, Skill Pharma, Cliantha, Poseidon CRO, AxeRegel, Freyr, OC Vigilance, FMD K&L
Global Cosmetovigilance Market To Amass Huge Proceeds During Estimated Timeline
The comprehensive research report titled “Global Cosmetovigilance Market To Amass Huge Proceeds During Estimated Timeline” by Zion Market Research supports the reader by assisting to accumulate all possible strategies based on valuable insights in order to maintain the correct tempo with the changing dynamics of the market in the present as well as few years down the line. Global Cosmetovigilance Market research report focuses on several trends, drivers, restraints and opportunities
Cosmetovigilance Market is Booming Worldwide: AxeRegel, PharSafer, Freyr
The Cosmetovigilance Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2026. The exploration provides a 360 view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies
Global Cosmetovigilance Market Growth (Status and Outlook) 2019-2024
LP INFORMATION offers a latest published report on Cosmetovigilance Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Cosmetovigilance market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report