(PharmaNewsWire.Com, April 27, 2019 ) Factors like, rising incidence rates of adverse drug reactions (ADRs) and growing adoption of pharmacovigilance software by outsourcing companies are driving the growth of the global pharmacovigilance and drug safety software market. Furthermore 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 pharmacovigilance (PV) & drug safety software market during the forecast period. Various technological developments in the healthcare industry in North America is expected to offer growth opportunities for the players operating in the market.
1. AB Cube 2. United Biosource LLC 3. ArisGlobal 4. Sparta Systems 5. Oracle 6. Sarjen Systems Pvt. Ltd 7. Extedo 8. Ennov 9. Umbra Global 10. Online Business Applications, INC.
The "Global Pharmacovigilance (PV) & Drug Safety Software Market Analysis to 2027" is a specialized and in-depth study of the healthcare IT industry with a focus on the global market trend. The report aims to provide an overview of global pharmacovigilance (PV) & drug safety software market with detailed market segmentation by Software Type, Delivery Mode and End User. The global pharmacovigilance (PV) & drug safety software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global pharmacovigilance (PV) & drug safety software market is segmented on the basis of software type, delivery mode and end user. The software type segment includes, adverse event reporting software, drug safety audits software, issue tracking software and fully integrated software. Based on delivery mode, the pharmacovigilance (PV) & drug safety software market is segmented as, on-premise and cloud-based. Based on end user, the market is segmented as, pharmaceutical and biotech companies, contract research organizations (CROS), business process outsourcing (BPO) firms, and pharmacovigilance service providers.
It provides overview and forecast of the global pharmacovigilance (PV) & drug safety software market based on Software Type, Delivery Mode and End User. It also provides market size and forecast till 2027 for overall Pharmacovigilance (PV) & drug safety software market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America has the largest share of the global pharmacovigilance and drug safety software market, followed by Europe. However, Asia Pacific and American countries represent high growth markets, owing to a rise in research outsourcing by pharmaceutical giants and growing public and private investments in pharmaceutical companies in these emerging nations.
A complete analysis of the competitive landscape of the global Pharmacovigilance (PV) & Drug Safety Software market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost.
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