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Pharmacovigilance Market Is Expected To Reach USD 21.4 Billion By 2031

02-03-2021 02:43 PM CET | Health & Medicine

Press release from: Sheer Analytics and Insights

Pharmacovigilance Market Is Expected To Reach USD 21.4 Billion

According to a new market research report published by sheer analytics and insights, “The Global Pharmacovigilance Market was $6.9 Bn in 2020, and it is expected to reach $21.4 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 10.1% between 2021-2031”, as per the latest market research report titled, Global Pharmacovigilance Market- Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.

Get Sample Copy With Covid19 Impact Analysis: https://www.sheeranalyticsandinsights.com/request-sample/pharmacovigilance-market-21

Increased cases of chronic diseases like diabetes, oncological diseases, cardiovascular and respiratory disorders have led to the consumption of the drug across the world. Also the increased incidences of Adverse Drug Reactions ADRs) will help to accelerate the growth of this market during the forecasted period. also, the demand for the development of new drugs via extensive clinical trials has increased. But because of the current COVID-19 pandemic, there has been an adverse effect on the market.

Geographically, The Global Pharmacovigilance Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.

The primary key players in the Global Pharmacovigilance Market include Accenture, Linical Accelovance, Cognizant, Laboratory Corporation of America Holdings, IBM Corporation, ArisGlobal, ICON plc., Capgemini, ITClinical, FMD K&L, IQVIA, TAKE Solutions Ltd., PAREXEL International Corporation, BioClinica Inc., Wipro Ltd., United BioSource Corporation.

Browse the Full Report at https://www.sheeranalyticsandinsights.com/market-report-research/pharmacovigilance-market-21

The Global Pharmacovigilance Market Has Been Segmented Into:

By Service Provider
• In-house
• Contract Outsourcing

By Product Life Cycle
• Pre-clinical
• Phase I
• Phase II
• Phase III
• Phase IV

By Type
• Spontaneous Reporting
• Intensified ADR Reporting
• Targeted Spontaneous Reporting
• Cohort Event Monitoring
• EHR Mining

By Process Flow
• Case Data Management
o Case Logging
o Case Data Analysis
o Medical Reviewing & Reporting
• Signal Detection
o Adverse Event Logging
o Adverse Event Analysis
o Adverse Event Review & Reporting
• Risk Management System
o Risk Evaluation System
o Risk Mitigation System

By Therapeutic Area
• Oncology
• Neurology
• Cardiology
• Respiratory Systems
• Others

By End-Use
• Pharmaceuticals
• Biotechnology Companies
• Medical Device Manufacturers
• Others

By Geography
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Download Free PDF Sample Request: https://www.sheeranalyticsandinsights.com/request-sample/pharmacovigilance-market-21

Contact us:
Name: Abhigyan Sengupta
(Global sales Manager)
Ph.: +1-414-240-5010 (U.S.)
Email: sales@sheeranalyticsandinsights.com
Website: https://www.sheeranalyticsandinsights.com/

About Us:
Sheer Analytics and Insights as firm is created to balance between client requirements without compromising the core values of Market research in –terms of quality, factual correctness, market awareness and analysis. SAI goes back to the root of Market Research in terms of TAM (Total Available Market) and PAM (Potential Available Market) and assess the same quantifying all Push and Pull factors.

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