Press release
Pharmacovigilance Outsourcing Market Size - Forecast to 2026
As per the research conducted by GME, the Global Pharmacovigilance Outsourcing Market is projected to grow from USD 4.2 billion in 2021 to USD 10.9 billion by 2026 at a CAGR value of 16.7%. Top pharmaceutical companies are approaching towards pharmacovigilance outsourcing firms and organizations to ensure safety and protection of their drugs and products FDA recall cases. Hence, the complex challenges faced by the pharmaceutical industry in terms of drug safety have been one of the key factors that have facilitated the growth of the market.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Pharmacovigilance Outsourcing Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/pharmacovigilance-outsourcing-market-3410
By Service (Pre-Marketing Pharmacovigilance Services [Clinical Pharmacovigilance Services, Case-Processing Services, Safety Data Management Services, Medical Review], Post-marketing Pharmacovigilance Services [Pharmacovigilance Knowledge Process Outsourcing Services, IT Solutions and Services]), By Service Provider (Contract Research Organizations, Business Processing Outsourcing), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• The growing number of adverse drug reaction and product recall cases from hospitals will drive the global market
• Increasing stringent regulations and norms related to drug safety, and security across the different regulatory bodies of various countries will support the growth of the market
• The pre-marketing segment is envisaged to procure the biggest share of the market as per the service outlook
• The contract research organizations segment has been predicted to grow at a faster rather than the business processing outsourcing during the forecast period as per the service provider outlook
• Parexel, Covance, TCS, IBM Corporation, Clintec, Ergomed, Medpace Holdings, iMED Global Corporation, Genpact, Syneos Health, Cognizant, ICON, BioClinica, iGATE Corporation, Infosys, and Oracle, among others are the key players in the pharmacovigilance outsourcing market
Browse the Report @ https://www.globalmarketestimates.com/market-report/pharmacovigilance-outsourcing-market-3410
Service Outlook (Revenue, USD Billion, 2021-2026)
• Pre-Marketing Pharmacovigilance Services
• Clinical Pharmacovigilance Services
• Case-Processing Services
• Safety Data Management Services
• Medical Review
• Post-marketing Pharmacovigilance Services
• Pharmacovigilance Knowledge Process Outsourcing Services
• IT Solutions and Services
Service Provider Outlook (Revenue, USD Billion, 2021-2026)
• Contract Research Organizations
• Business Processing Outsourcing
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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