Pharmacovigilance Market Share Analysis of Top Industry Players, Opportunities, Sales Data, Trends, SizePosted by mayur pande on February 16th, 2024 The Pharmacovigilance Market size was valued at .6 Bn in 2022 and is expected to reach .17 by 2030 and grow at a CAGR of 6.8% over the forecast period of 2023-2030. In the ever-evolving world of pharmaceuticals, ensuring drug safety is paramount. The global pharmacovigilance market, dedicated to monitoring and mitigating adverse drug reactions (ADRs), is experiencing robust growth, reflecting this heightened focus on patient well-being Key Drivers Propelling Market Expansion:
Market Segmentation and Key Insights:
Competitive Landscape and Future Outlook: The pharmacovigilance market is characterized by a diverse landscape with established CROs like IQVIA, Cognizant, and Accenture vying for market share alongside niche technology providers and specialized consulting firms. Continuous innovation in data analytics, artificial intelligence, and cloud-based pharmacovigilance platforms will be crucial for success in this evolving space. The major key players are Accenture, IQVIA, Cognizant, IBM Corp, Wipro Ltd, BioClinica Inc, Capgemini, ArisGlobal, ITClinical. ClinChoice, United BioSource LLC, Parexel International Corp., TAKE Solutions Ltd., ICON plc., Laboratory Corporation of America Holdings and Other Players. As the importance of drug safety continues to gain prominence, the pharmacovigilance market is poised for sustained growth. Pharmaceutical companies, regulators, and technology providers all have a vital role to play in ensuring the safety of medications and safeguarding patient well-being. By embracing proactive and innovative pharmacovigilance practices, the industry can build trust and pave the way for a healthier future. Other Reports You May Like: About US: SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies. We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities. Contact Us: Akash Anand – Head of Business Development Strategy, info@snsinsider.com, Phone: +1-415-230-0044 (US) | +91-7798602273 (IND), Website: https://www.snsinsider.com Like it? Share it!More by this author |