openPR Logo
Press release

Pharmacovigilance Market 2019-2023: Global Leaders: ACCELRYS, CERTARA, CHEMICAL COMPUTING GROUP, COMPUGEN LTD, ENTELOS, GENEDATA AG, INSILICO BIOTECHNOLOGY AG

05-24-2019 06:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

According to WHO, pharmacovigilance is the science and activities relating to the detection, assessment, understanding, and prevention of adverse effects or any other drug-related problems. The focus of pharmacovigilance is on ADR (adverse drug reactions) and drug toxicity. Increasing number of adverse drug reactions (ADRs) imposes a significant burden on the healthcare system by extending patient morbidity under chronic condition. The global pharmacovigilance market is expected to register a CAGR of 12.8% during the forecast period, 2018 to 2023.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/16762
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Lack of Skilled Labor
The process of pharmacovigilance requires the use of skilled professionals to manage adverse events and clinical-trial activities, and contribute to ensure compliance of pharmacovigilance activities. However, the dearth of skilled professionals in the market is restraining its growth,
Additionally, high risk associated with data security is also restraining the market growth.

Major players:
ACCENTURE, CLINQUEST GROUP B.V., COGNIZANT, LABORATORY CORPORATION OF AMERICA HOLDINGS, IBM CORPORATION, ARISGLOBAL, ICON PLC, CAPGEMINI, ITCLINICAL, IMEDGLOBAL, FORESIGHT GROUP INTERNATIONAL AG, TAKE SOLUTIONS LTD., PAREXEL INTERNATIONAL CORPORATION, BIOCLINICA WIPRO LTD., UNITED BIOSOURCE CORPORATION amongst others.

Key Developments in the Market
February 2017: PAREXEL announces definitive agreement to acquire the medical affairs company
June 2017: Accenture has been named a leader in IDC MarketScape on Life Science Drug Safety Services.

Request Discount on this report @ https://marketprognosis.com/discount-request/16762
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Growing Incidence Rates of ADR and Drug Toxicity
The ADR or adverse drug reaction is defined as an injury caused by taking a medication. Adverse drug reactions (ADR) are far more common than one would think. It is estimated that ADR is one of the leading causes of deaths, right after heart disease, cancer, and stroke, globally. Further, it is estimated that ADRs are the sixth leading cause of death worldwide. With the increase in number of adverse drug reactions (ADRs), there has been a significant burden on the healthcare system. The need to reduce the burden of ADRs has led to an increase in the demand for pharmacovigilance services, thus expanding the global market size.
Other factors driving the market growth are increasing drug consumption and drug development rates and increasing trend of outsourcing pharmacovigilance services.

North America to Dominate the Market
North America dominates the market due to rising mortality rates, adverse drug events, and growing patient concerns for safety and efficacy of drugs.

Enquiry Before Buying@ https://marketprognosis.com/enquiry/16762
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.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 2019-2023: Global Leaders: ACCELRYS, CERTARA, CHEMICAL COMPUTING GROUP, COMPUGEN LTD, ENTELOS, GENEDATA AG, INSILICO BIOTECHNOLOGY AG here

News-ID: 1752987 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for ADR

Drapery Hardware Market 2022 Advancement And Precise Outlook- IKEA, Rowley Compa …
The Market Insights Reports has added a new statistical market report to its repository titled as, Drapery Hardware Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel
ADR Wellness Offers Psychotherapy Services for All Ages
CARLSBAD, CA - MAY 7, 2021 - ADR Wellness offers a safe and supportive place for clients as the COVID-19 pandemic continues to impact mental health. The Carlsbad therapy practice owned by Alisa Duclos, PhD, specializes in offering psychotherapy for individuals, couples and families. Its compassionate staff works with clients to develop individual treatment plans that meet clients’ needs. Statistics show that the number of people reporting anxiety and depression has climbed
Investigation announced for Investors in shares of Cheetah Mobile Inc (ADR) (NYS …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Cheetah Mobile Inc. Investors who are investors in Cheetah Mobile Inc (ADR) (NYSE: CMCM) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for investors in NYSE: CMCM stocks follows a lawsuit filed against Cheetah Mobile Inc over alleged securities
Deadline on August 25, 2020 coming up in Lawsuit for Investors in Cheetah Mobile …
A deadline is coming up on August 25, 2020 in the lawsuit filed for certain investors of Cheetah Mobile Inc (ADR) (NYSE: CMCM) over alleged securities laws violations by Cheetah Mobile Inc. Investors who purchased shares of Cheetah Mobile Inc (ADR) (NYSE: CMCM) have certain options and there are strict and short deadlines running. Deadline: August 25, 2020. NYSE: CMCM stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)
Lawsuit filed for Investors in shares of Cheetah Mobile Inc (ADR) (NYSE: CMCM)
An investor, who purchased shares of Cheetah Mobile Inc (ADR) (NYSE: CMCM), filed a lawsuit over alleged violations of Federal Securities Laws by Cheetah Mobile Inc in connection with certain allegedly false and misleading statements made between March 25, 2019 and February 20, 2020. Investors, who purchased shares of Cheetah Mobile Inc (ADR) (NYSE: CMCM), have certain options and for certain investors are short and strict deadlines running. Deadline: August 25,
EV Charging Cables Market Detailed Insights on Upcoming Trends 2020-2030 - LEONI …
EV charging cables are the cables that can be plugged straight in a 3-pin socket, available anywhere. These cables are efficiently charge the electric vehicles for the day, possibly even longer. There are several types of sockets that can be plugged with these cables to charge the vehicles, but the major ones include type 1 and type 2. Type 1 is a single-phase socket, having maximum charging speed of 7.4kW.