• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Plant-Based Soft Medical Robots

      Plant-Based Soft Medical Robots

      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

    • Radiology
      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

    • Cardiology
      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

    • Surgery
      Plant-Based Soft Medical Robots

      Plant-Based Soft Medical Robots

      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Stretchable E-Skin for Robotic Prostheses

      Stretchable E-Skin for Robotic Prostheses

      Glasses Provide Audible Prompts for Blind Wearers

      Glasses Provide Audible Prompts for Blind Wearers

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      Robotic Ankle Helps with Postural Control in Amputees

      Robotic Ankle Helps with Postural Control in Amputees

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Pharmacovigilance Market Size Worth USD 10,881 Million By 2025 | Share Analysis, Key Players, Growth Outlook, Future Trends and COVID-19 Impact Analysis

August 19th, 2020 Market Research Future Releases

Pharmacovigilance Market Trends, Growth and Size Analysis By Clinical Trial Phase (Phase IV, Phase III, Phase II, Phase I, Pre-clinical), By Service Provider (In-house, Contract Outsourcing), By Type (Spontaneous Reporting, Cohort Event Monitoring, Intensified ADR Reporting, EHR Mining) and By End-User (Hospitals, Research Organizations, Pharmaceutical Companies), Forecast to 2025

Pharmacovigilance Market Landscape

Market Research Future attempts to study the global Pharmacovigilance Market and concluded that the net profit by the year 2025 would touch USD 10,881.03 Million if the pace of growth should be 14.1%. The growth period of the market is calculated between 2019 and 2025. Global pharmacovigilance market’s net profit raised in the second quarter as the impact of the Coronavirus pandemic lessens the complicated efforts to a certain extent to refocus on shares while dealing with rising tensions of the deadly disease.

Pharmacovigilance is the science and activities involved in the understanding, detection, assessment, and prevention of adverse drug effects or other drug-related problems. Adverse drug reaction (ADR) is an undesirable and unwanted effect of a medication that occurs during its clinical use. The rising number of ADRs is a foremost concern of the pharmacovigilance field. It will add to a remarkable rise in the demand for clinical data management services over the assessment period.

Request Free Sample Copy of the report “Pharmacovigilance Market Research Report – Global Forecast till 2025” at:  https://www.marketresearchfuture.com/sample_request/8451

As claimed by the National Centre for Biotechnology Information (NCBI), the number of mortalities owing to ADRs amplified more than two-fold in 2014, further leading to a course in hospitalizations. Growing demand for incessant pharmacovigilance for active surveillance of ADRs will render numerous augmentation opportunities for market expansion.

Pharmacovigilance industry size witnessed noteworthy developments owing to the mounting number of adverse drug reactions, side effects coupled with probable threats to the consumers. Pharmacovigilance was implemented in developed nations earlier in the 1970s, mainly in the U.S. and UK, following frequent consumer health protection acts. The escalating number of pharmaceutical companies, as well as global harmonization practices, will further assist advancements in the market. Furthermore, the appearance of personalized medicines and the rising number of ADRs should spur industry size in the foreseeable future.

Pharmacovigilance Market Segment Review

By the segment of the clinical trial phase, Phase IV includes the pharmacovigilance market as adverse drug reactions that are majorly detected in this phase. Phase III is probable to witness the fastest growth. Phase II majorly aims to find out if the new treatment works well to be tested in a more extensive phase 3 trial. Phase I aims to uncover the best dose of a new drug with the least side effects. The drug is tested mainly in a small group of 15 to 30 patients. And pre-clinical trials have included a minimal dose of medicine is administered to about 10 to 15 people

By the segment of the service provider, the pharmacovigilance market has included in-house, contract outsourcing.

By the segment of type, the pharmacovigilance market has included spontaneous reporting, cohort event monitoring, intensified ADR reporting, targeted spontaneous reporting, and EHR mining.

By the segment of end-user, the pharmacovigilance market has included hospitals, research organizations, and pharmaceutical companies.

Pharmacovigilance Market Regional Framework

Americas is the largest regional pharmacovigilance market with the presence of foremost market players. They are actively expanding the US pharmacovigilance market. ArisGlobal is one of the foremost players that offer innovative pharmacovigilance software and a drug safety platform to transcend all traditional safety data management and reporting processes.

Europe has some of the best healthcare services in the world. Rising healthcare expenditure is one of the prime drivers in the pharmacovigilance market. The European Commission (EC) reported in 2017, the total government expenditure in the European Union (EU) grabbed 45.8% of the gross domestic product (GDP), and government expenditure on health as a proportion of GDP was 7.0%.

Asia-Pacific is the fastest-growing regional market for pharmacovigilance. Asia-Pacific region has the world’s largest population and fast-developing healthcare industry. Besides, Asian countries such as China and India persist in drawing a significant amount of outsourcing work from developed countries owing to large-scale manufacturing capacities, low raw material costs, low labor costs, and low manufacturing cost. These factors are expected to motivate the growth of the pharmacovigilance market.

Browse Detailed TOC with COVID-19 Impact Analysis at:  https://www.marketresearchfuture.com/reports/pharmacovigilance-market-8451

The Middle East & Africa has been primarily bifurcated into two regions—the Middle East and Africa. The incidence of favorable government initiatives and recent healthcare reforms and developing healthcare infrastructure in the Middle East is probable to augment market development over the forecast period.

Pharmacovigilance Market Top Players

Wipro Ltd (India), ArisGlobal (US), Accenture (Ireland), Capgemini (France), BioClinica (US), Cognizant (US), Clinquest Group BV (Netherlands), ICON plc. (Ireland), IBM Corporation (US), ITClinical (Portugal), IMEDGlobal (US), PAREXEL International Corporation (US), Laboratory Corporation of America Holdings (US), TAKE Solutions Ltd (India) and United BioSource Corporation (US) are top players investing in the pharmacovigilance market.

Browse Related Research Report:

  • 3D Bioprinting Market size and share is projected to reach USD 1,923.02 million at a 24.59% CAGR by 2023
  • Insulin Pump Market size is expected to reach a valuation of 8,520.9 million USD with exhibiting a CAGR of 8.4% from 2017 to 2023
  • Global Medical Wearables Market size is anticipated to touch USD 27,255.6 million at a whopping 23% CAGR by 2023

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Sign up and submit a press release

Sponsored
Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

PACKAGING COMPLIANCE LABS WELCOMES NEW CFO, BERNADETTE LEGARETTA

PACKAGING COMPLIANCE LABS WELCOMES JENN GOFF, VP SALES, MARKETING, AND INNOVATION

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

interviews & reviews
A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

Eko’s Newest CORE 500 Stethoscope: A Review

Eko’s Newest CORE 500 Stethoscope: A Review

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!