Press release
Pharmacovigilance Software Market | Enhancing Drug Safety with AI-Powered Monitoring | Major Companies - Ennov, Oracle, ArisGlobal, EXTEDO, Clinevo Technologies, IQVIA
Pharmacovigilance Software Market
Pharmacovigilance Software Market is set to expand significantly over the next few years, according to the latest market intelligence report. This comprehensive study analyzes emerging trends, market size, pricing dynamics, and strategic opportunities, empowering B2B marketers, analysts, and industry stakeholders with critical data for informed decision-making.
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Pharmacovigilance software is a specialized tool designed to monitor, detect, assess, and report adverse drug reactions and other drug-related safety issues. Used by pharmaceutical companies, regulatory agencies, and healthcare providers, it streamlines data collection, analysis, and compliance with global safety regulations. By automating case management, risk assessment, and regulatory reporting, pharmacovigilance software enhances drug safety surveillance, supports faster decision-making, and helps ensure patient safety throughout a drug's lifecycle.
Market Players in the Pharmacovigilance Software market
The prominent players in Pharmacovigilance Software market research report are: Ennov, Oracle, ArisGlobal, EXTEDO, Clinevo Technologies, IQVIA, Quanticate, Cloudbyz, and Flex Databases
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Pharmacovigilance Software Market Key Development
➤ Qinecsa Acquires Insife to Strengthen Pharmacovigilance Capabilities: In March 2024, Qinecsa Solutions acquired Insife ApS, a Danish firm known for its innovative pharmacovigilance platforms, enhancing Qinecsa's technology and service offerings in drug safety.
➤ Ennov Partners with CognifAI to Boost AI-Driven Literature Monitoring: In October 2024, Ennov announced a strategic partnership with CognifAI to integrate its AI-powered CoVigilAI literature monitoring tool into Ennov's pharmacovigilance suite, enhancing automation and efficiency.
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Pharmacovigilance Software Market Segments
By Functionality: Adverse Event Reporting Software, Drug Safety Audits Software, Issue Tracking Software, Fully Integrated Software
By Delivery Mode: On-premise Delivery Mode, On-demand/Cloud-based (SaaS) Delivery Mode
By End-User: Pharma and Biotech Companies, Contract Research Organizations (CROs), Hospitals & Health Institutions, Others
The Pharmacovigilance Software industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Research Methodology
Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter's Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.
Regions Covered:
The global Pharmacovigilance Software Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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