Drug Safety Solutions and pharmacovigilance consultancy and support services offered by market players in order to ensure pharmaceutical developers meet industry regulatory standards. The companies engaged in this business consistently updates its regulatory knowledge to keep up with industry trends. Various government regulatory bodies (such as the U.S. FDA and EMEA) have intensified safety regulations for prior and post commercialization of drugs, which has increased pressure on the pharmaceutical and biotechnology companies to manufacture safe drugs and evaluate their results post sales. Thus, growing complexity related to drug safety regulations is expected to drive the growth of the market during the forecast period.
MARKET DYNAMICS
Drug safety solutions and pharmacovigilance market is driving due to factors such as increase in R & D expenditure by pharmaceutical and biopharmaceutical companies and increase in the number of adverse drug reactions (ADRS). However, factors such as, high cost of drug safety solutions & pharmacovigilance services is expected to hamper the market growth.
MARKET SCOPE
The Drug safety solutions and pharmacovigilance market analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Drug safety solutions and pharmacovigilance market with detailed market segmentation by model type, service, therapeutic area, technology and end user. The Drug safety solutions and pharmacovigilance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Drug safety solutions and pharmacovigilance market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Drug safety solutions and pharmacovigilance market is segmented on the basis of type and end user. Based on type, the market is segmented as Softwares, Services. Based on end users, market is segmented as Pharma and Biotech Companies, Contract Research Organizations (CROs), Business Process Outsourcing (BPO) Firms, Other Pharmacovigilance Service Providers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Drug safety solutions and pharmacovigilance market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Drug safety solutions and pharmacovigilance market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Drug safety solutions and pharmacovigilance market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Drug safety solutions and pharmacovigilance market in these regions.
MARKET PLAYERS
The report covers key developments in the Drug safety solutions and pharmacovigilance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Drug safety solutions and pharmacovigilance market are anticipated to have lucrative growth opportunities in the future with the rising demand for Drug safety solutions and pharmacovigilance in the global market. Below mentioned is the list of few companies engaged in the Drug safety solutions and pharmacovigilance market.
The report also includes the profiles of key players in Drug safety solutions and Pharmacovigilance market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Pharmaceutical Product Development, LLC.
- Drug Safety Solutions Limited
- Syneos Health
- Worldwide Clinical Trials
- Bioclinica
- United Biosource LLC.
- Ennov
- IQVIA
- Covance Inc.
- Parexel International Corporation
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