Drug Safety Solutions and Pharmacovigilance Market 2020 : Study Navigating The Future Growth Outlook. Major Players are Pharmaceutical Product Development, LLC, Drug Safety Solutions Limited, C3i, Worldwide Clinical Trials, Bioclinica, United Biosource LL

The Drug Safety Solutions and Pharmacovigilance Market report gives market definition in the form of market driving factors and market restraints which aids in estimating the requirement of particular product where several aspects have to be considered. This market research report also comprises of strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. The report has been generated by considering a range of objectives of market research that are vital for the success of Healthcare industry. The Drug Safety Solutions and Pharmacovigilance Market business document covers market shares for Global, Europe, North America, Asia Pacific and South America.

With the systematic and comprehensive market research study, Drug Safety Solutions and Pharmacovigilance market research report provides the facts associated with any subject in the field of marketing for Healthcare industry. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. Strategically analyzed facts and figures of the market & keen business insights covered in this Drug Safety Solutions and Pharmacovigilance Market report would be a key aspect in achieving enduring business growth.

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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.

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.

The report answers several questions about the Drug Safety Solutions and Pharmacovigilance Market includes:

What will be the market size of Drug Safety Solutions and Pharmacovigilance Market in 2026?
What will be the Drug Safety Solutions and Pharmacovigilance Market growth rate in 2026?
Which key factors drive the market?
Who are the key market players for Drug Safety Solutions and Pharmacovigilance Market?
Which strategies are used by top players in the Drug Safety Solutions and Pharmacovigilance market?
What are the key market trends in Drug Safety Solutions and Pharmacovigilance Market?
Which trends and challenges will influence the growth of Drug Safety Solutions and Pharmacovigilance market?
Which barriers do the Drug Safety Solutions and Pharmacovigilance Markets face?
What are the Drug Safety Solutions and Pharmacovigilance market opportunities for vendors and what are the threats faced by them?
What are the most important outcomes of the five forces analysis of the Drug Safety Solutions and Pharmacovigilance Market?

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Drug safety and pharmacovigilance was introduced 170 years ago for detection, assessment, and understanding of the drug action. Pharmacovigilance came into picture because the adverse reactions were observed, a young woman from the north of England recorded for ADRs reactions which lead to her death in January 1848. The experiment was discovered by Sir James Simpson that chloroform was a powerful anesthetic and for safer use it can be applied in the clinical practices. The cause of Hannah's death was studied in order to understand what happened to Hannah as it was difficult to assess the cause of her death and it was assumed that probably lethal arrhythmia or pulmonary aspiration was the main reason leading to such unfavourable situation. Further, on 6 June 1960, the U.S. FDA was formed to ensure that the established drugs discovered and commercialized are pure and free of any contamination. Additionally, in 1961, the U.S. FDA also prohibited false therapeutic indications of drugs.

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.

Segmentation: Global Drug Safety Solutions and Pharmacovigilance Market:

Asia-Pacific drug safety solutions and pharmacovigilance market is segmented into three notable segments which are type, end user and distribution channel.

On the basis of type, the Drug Safety Solutions and Pharmacovigilance Market is segmented into software and services
On the basis of end user, the Drug Safety Solutions and Pharmacovigilance Market is segmented into hospitals, healthcare providers, pharmaceutical & biotechnology industries, KPOs/BPOs, contract research organizations (CROS) and others
On the basis of distribution channel, theDrug Safety Solutions and Pharmacovigilance Market is segmented into direct sales and retail sales

Recent Developments: Drug Safety Solutions and Pharmacovigilance Market:

In October 2019, Laboratory Corporation of America Health EC and The New Jersey announced the collaboration and development of a database and information exchange platform. This platform will be useful through LabCorp's Care Intelligence application. This collaboration will lead to LabCorp improved lives and improved health. This will give more patient satisfaction and recognition.

In October 2019, Parexel International Corporation announced that they have entered into a strategic partnership with Datavant, Inc. to allow the connection of real-world data including all clinical trials which is conducted by Parexel. This partnership will expand and extend companies entire portfolio which have ability to link data available to more customers.

In September 2019, Accenture has announced its collaboration with Bayer. The purpose of collaboration will be Streamline Drug Development Processes through INTIENT Clinical Platform. With this collaboration Accenture will lead to develop high quality of data, and will increase its product portfolio.

Research Methodology: Global Drug Safety Solutions and Pharmacovigilance Market:

Primary Respondents: Key Opinion Leaders (KOL's): Doctors, Healthcare Professionals, Researchers, Distributors, and Industrialists

Industry Participants: CEO's, V.P.'s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers

Table Of Content: Global Drug Safety Solutions and Pharmacovigilance Market

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Global Drug Safety Solutions and Pharmacovigilance Market Landscape

Part 04: Global Drug Safety Solutions and Pharmacovigilance Market Sizing

Part 05: Global Drug Safety Solutions and Pharmacovigilance Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

And More

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