Pharmacovigilance Market Study with data tracker, emerging trends, opportunities and forecast

Pharmacovigilance Market grew at an average yearly rate of around 8.5% during the timeframe (2018-2021). Drug safety testing is a very important process in the healthcare industry. In past few years, the trend of pharmacovigilance is rising, in which, drug manufacturers are outsourcing their drug safety testing processes. This greatly provides flexibility, reduces the cost of operations and allows them to focus on their primary activities. The market size which was around $7.5 billion in 2020 will exceed $10 billion by the year 2025.

The research and analytics firm Datavagyanik released the updated version if its report on “Pharmacovigilance Market - Country wise Detailed Analysis, Business Opportunities and Forecasts”. The updated version of the report is released with latest data, industry trends and competitive benchmarking. The report makes use of analytical models to study country level market patterns and forecast for the next seven years.

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The research is useful for industry stakeholders for strategic decision making and understanding the market on a granular level. It also identifies business and sales opportunities in the Pharmacovigilance Market and presents a seven-year forecast for all regions/countries.

Research Objective

• To provide a comprehensive analysis of the Pharmacovigilance Industry, thereby providing a detailed structure of the market.
• To provide detailed insights into factors driving and restraining the growth of the Pharmacovigilance Industry.
• To estimate the market size of each market segment which in turn is responsible for revenue generation of the respective countries.
• To provide strategic profiling of key companies present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market.
• To identify business opportunities in the Pharmacovigilance Market
• To provide a country wise market forecast for market segments and sub-segments for the period (2021 – 2027).
• Product portfolio analysis and market share analysis.

Key Players Insights:

The research provides a comprehensive analysis of market participants with coverage on company portfolio, growth strategies, target customers, operating geography and other updates. The study provides analysis on over 20 market participants which include Cognizant, Laboratory Corporation of America Holdings, IBM Corporation, Wipro Ltd., Linical Accelovance, BioClinica Inc., ArisGlobal, ICON plc., ITClinical, FMD K&L, IQVIA, TAKE Solutions Ltd., Capgemini, PAREXEL International Corporation, and others.

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Insightful findings addressed through this market intelligence report:

• Country-wise market size and forecast is vital in understanding the current market potential and future scenario.
• Helps industry participants/organizations in strategizing their sales decisions.
• Supports organizations in business expansion and setting up a new business across potential geographical regions.
• Helps market participants in identifying potential end users and business segments, thereby, helping them in taking effective business decisions.
• Helps business sectors to align themselves with innovative market trends.
• Strategic recommendations based on global market forecasts over the forecast timeframe is useful in gauging future prospects of the market and planning long term business moves.

Pharmacovigilance Market Segmentation

Market revenue and forecast, by Clinical Trial Phase:

o Preclinical
o Phase I
o Phase II
o Phase III
o Phase IV

Market revenue and forecast, by Service Provider:

o In-house
o Contract Outsourcing

Market revenue and forecast for the period (2020 - 2027), by Region:

North America
o U.S.A
o Canada

Europe
o Germany
o France
o Italy
o Spain
o UK
o Rest of Europe

Asia-Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Australia
o Rest of Asia-Pacific

Latin America
o Brazil
o Mexico
o Argentina

Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Rest of Middle East & Africa

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Pharmacovigilance Market Study Contents:

• Executive summary and country wise data tracker.
• North America Pharmacovigilance Market Analysis, segment level details, historical data and forecast (United States, Canada).
• Europe Pharmacovigilance Market Analysis, segment level details, historical data and forecast (Germany, France, Italy, Spain, UK, Rest of Europe).
• Asia Pacific Pharmacovigilance Market Analysis, segment level details, historical data and forecast (China, India, Japan, South Korea, Indonesia, Australia, Rest of Asia-Pacific).
• Rest of the World (Latin America, Middle East, Africa).
• Segment/sub segment level insights, revenue figures and forecast.
• Analysis on over 20 market participants with competitive benchmarking, segment revenues and business strategies.

Related Studies :

• Biologics Safety Testing Market
https://datavagyanik.com/product/global-biologics-safety-testing-market/
• Clinical Laboratory Tests Market
https://datavagyanik.com/product/global-clinical-laboratory-tests-market/

Contact us:
Atul B (Sales Head)
Phone: +1 551 226 6002
Website: https://datavagyanik.com/
Email: sales@datavagyanik.com

About Datavagyanik
Datavagyanik is a business intelligence firm with clients worldwide. We provide the right knowledge and advisory to business organizations and help them to grow and excel. We specialize in areas such as Pharmaceutical, Healthcare, Manufacturing, Consumer Goods, Materials & Chemicals and others. We specialize in market sizing, forecasting, supply chain analysis, supplier intelligence, import-export insights, market trend analysis and competitive intelligence.

This release was published on openPR.