Niks01 (2)

1
Pharmacovigilance Market trends research and
projections for 2019- 2025

• As per a research report by Global Market
  Insights, Inc., global pharmacovigilance market
  is estimated to surpass 8.9 billion by 2025.
• With growing consumption of drugs and rising
  concerns regarding adverse effects of drugs
  across the world, the global pharmacovigilance
  market size is projected to witness a lucrative
  rate of growth over the forthcoming time period.
  Factors such as growing accessibility to drugs,
  increasing number of chronic diseases and rising
  per capita healthcare expenditure in several
  countries across the world will further impact
  the industry growth.
• As per reports presented by the CDC (Centers for
  Disease Control and Prevention), in 2017,
  approximately 28,000 deaths occurred owing to
  synthetic opioids consumption in the United
  States.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2

• Meanwhile, use of personalized medicines has also
  increased profoundly, especially in developed
  nations. Additionally, the adoption of gene
  therapy for treating various types of cancer and
  other chronic diseases, has further led to demand
  for personalized medicines over the forthcoming
  years.
• Advancements in precision as well as personalized
  medicine are further anticipated to offer
  solutions to individuals by taking into
  consideration their reactions to medicine and
  composition of genes. Innovations as well as
  growing acceptance of personalized medicine will
  likely surge the need for pharmacovigilance
  practices further.
• The clinical trial phases segment is bifurcated
  into phase IV, phase III, phase II, phase I, and
  preclinical studies. The phase IV segment
  accounted a revenue share of over 70 in 2018.
  Pharmacovigilance is crucial for safety
  surveillance after the drug has been released in
  the market.
• Pharmacovigilance detects and further reports
  harmful effects along with adverse drug reactions
  (ADRs), which may result in restricted use in
  certain patients or even discontinuation of
  drugs. Hence, increasing number of pharmaceutical
  companies focused towards new drug development
  will lay a positive impact in the market.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/8
53
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4

• Regional Analysis

• Furthermore, segmental growth can also be fueled
  by companies having developed infrastructure as
  well as skilled staff.
• On the geographical front, the Europe
  pharmacovigilance market is expected to witnessed
  a CAGR of 9.5 during the forecast timeline.
  Practices such as harmonization and
  centralization of pharmacovigilance will further
  prove to be effective for the observation of
  safety signals in the region.
• Moreover, since 2012, rules imposed in the EU,
  have led to increased involvement of patients and
  professionals in the PRAC (Pharmacovigilance and
  Risk Assessment Committee). Furthermore,
  advancements in personalized medicines are
  further set to offer numerous opportunities for
  the growth of regional market.

• Competitive Analysis

• The competitive landscape of global
  pharmacovigilance market includes companies like
  IQVIA, F. Hoffmann-La Roche Ltd, ICON, Cognizant,
  Clinquest Group, Infosys Ltd, Ecron Acunova Ltd,
  HCL Technologies, Boehringer Ingelheim,
  GlaxoSmithKline, Bristol-Myers Squibb, Accenture
  and IBM Corporation among others.

Make An Inquiry To Purchase This Report _at_
https//www.gminsights.com/inquiry-before-buying/8
53
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On U.S. Home Remodeling
Market _at_ https//www.gminsights.com/industry-anal
ysis/pharmacovigilance-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
853
Request for customization https//www.gminsights
.com/roc/853
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com