Pharmacovigilance and Drug Safety Software Market Size, Growth, Market Trends, Share and Forecast 2019-2025

Drug safety management tools or software that support review, classification, generation, and other pharmacovigilance data are called PV software (or pharmacovigilance software). This software also helps in creating adverse reaction reports. In addition, PV software is primarily used by BPOs, contract research organizations (CROs), and leading pharmacovigilance solution providers. The drug surveillance and drug safety software market is expected to show high growth as the incidence of adverse drug reactions (ADR), which is a major driver of the drug surveillance and drug safety software market growth, increases.

According to the National Institute of Health, about 5% of all hospital stays in Europe are due to ADR. In addition, factors such as increased drug surveillance and drug safety software adoption by outsourcing companies involved in contract research and contract manufacturing are due to the increasing number of drugs on the market, the rising trend of multi drugs, and government policies related to drugs. Safety regulations are driving the growth of the market. However, the lack of awareness and knowledge of pharmacovigilance and ADR by healthcare professionals, and the side effects of drugs have been shown to hinder the growth of the pharmacovigilance and drug safety software market.

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The following players are covered in this report:

• AB Cube
• Sparta Systems, Inc.
• Oracle Corporation
• EXTEDO GmbH
• Ennov Solutions, Inc.
• ArisGlobal
• Oracle Corporation
• United BioSource Corporation
• Online Business Applications, Inc.

Pharmacovigilance and Drug Safety Software Market - By Function

• Issue tracking solution
• Fully integrated solution
• Adverse Event Reporting Solution
• Others

Pharmacovigilance and Drug Safety Software Market - By End Customers

• BPOs
• CROs
• Pharmaceutical Companies
• Others

Pharmacovigilance and Drug Safety Software Market Segmentation by Type

• Adverse Event Reporting Software
• Drug Safety Audits Software
• Issue Tracking Software
• Fully Integrated Software

Pharmacovigilance and Drug Safety Software Market Segmentation by Application

• Pharma and Biotech Companies
• Contract Research Organizations (CROs)
• Business Process Outsourcing (BPO) Firms
• Pharmacovigilance Service Providers

A full report of Global Pharmacovigilance and Drug Safety Software Market is available at: https://www.orionmarketreports.com/pharmacovigilance-and-drug-safety-software-market/37562/

Scope of the Report

The research study analyses the global Pharmacovigilance and Drug Safety Software industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Pharmacovigilance and Drug Safety Software Market Report

1. What was the Pharmacovigilance and Drug Safety Software Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Pharmacovigilance and Drug Safety Software Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Pharmacovigilance and Drug Safety Software Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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