Drug Safety Solutions and Pharmacovigilance Market Global Industry Trends, Competitive Analysis and Forecast to 2028

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Drug Safety Solutions and Pharmacovigilance
Market Global Industry Trends, Competitive
Analysis and Forecast to 2028
Drug Safety Solutions and Pharmacovigilance
Market, By Type (Software, Services), Product
(Standard Form, Customized Form), Functionality
(Adverse Event Reporting Software, Drug Safety
Audits Software, Issue Tracking Software), By
Delivery (On-Premise Delivery Mode,
On-Demand/Cloud-Based (SAAS) Delivery Mode), End
Users (Biotechnology and Pharmaceuticals,
Contract Research Organizations (CROS),
Hospitals, KPOs/BPOs, Healthcare Providers),
Distribution Channel (Direct Sales, Retail
Sales), Country (U.S., Canada, Mexico, Germany,
Italy, U.K., France, Spain, Netherland, Belgium,
Switzerland, Turkey, Russia, Rest of Europe,
Japan, China, India, South Korea, Australia,
Singapore, Malaysia, Thailand, Indonesia,
Philippines, Rest of Asia- Pacific, Brazil,
Argentina, Rest of South America, South Africa,
Saudi Arabia, UAE, Egypt, Israel, Rest of Middle
East and Africa) Industry Trends and Forecast to
2028.
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-and-pharmacovigilance-market
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Market Analysis and Insights
Drug safety solutions and pharmacovigilance (PV
or PHV), is basically a scientific procedure for
the collection, analysis, monitoring and
prevention of adverse effects in drugs and
therapies. Its major purpose is to ensure that
the pharmaceutical developers meet industry
regulatory standards and increases pressure on
the biotechnology and pharmaceutical companies to
manufacture safe drugs and evaluate their results
post sales. The growing prevalence of adverse
drug reactions (ADRs) is primary factor
responsible for driving the growth of the drug
safety solutions and pharmacovigilance market.
Additionally, the increasing adoption of
pharmacovigilance software by outsourcing
companies and strict government regulations for
prior and post commercialization of drugs also
heightens the overall growth of the market.
However, dearth of skilled pharmacovigilance
professionals and high cost of drug safety
solutions and pharmacovigilance are estimated to
obstruct the markets growth.
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Major Key Players

• Some of the major players operating in this
  market are
• PPD Inc
• Drug Safety Solutions Limited
• C3i
• Worldwide Clinical Trials
• Bioclinica, United Biosource LLC
• Ennov, AB Cube France
• Covance Inc.
• Accenture
• PRA Health Sciences, Inc
• Ergomed Plc, IQVIA, Genpact

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Market Segmentation

• By Type (Software, Services)
• By Product (Standard Form, Customized Form)
• By End Users (Biotechnology and Pharmaceuticals,
  Contract Research Organizations (CROS),
  Hospitals, KPOs/BPOs, Healthcare Providers)

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and-pharmacovigilance-market
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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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