Freyr provides a wide range of Pharmacovigilance services, Drug Safety, safety database, monitoring and risk management services from clinical development to post-marketing
5 February 2020 - The global Pharmacovigilance (PV) Market size is estimated to reach USD 10.27 billion by 2025, registering at a 13.1% CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
Pharmacovigilance (PV) is also termed as drug safety, is a science and activities relating to the prevention, detection, understanding, and assessment of adverse effects or other drug-related issues.The factors that are playing a major role in the growth of pharmacovigilance market are the rising occurrence of adverse drug reactions (ADR), enhancement in development of ADR database and information system, and the rising demand from the end-users.
The phase IV sector accounted for the substantial market share of pharmacovigilance and is estimated to lead the overall market in the years to come.
Also, phase III sector is estimated to show lucrative growth in the years to come.
Contract outsourcing sector accounted for the substantial market share of pharmacovigilance and is estimated to lead the overall market in the years to come.Based on the type of method, HER mining, spontaneous reporting, cohort event monitoring, intensified ADR reporting, targeted spontaneous reporting, and others could classify pharmacovigilance market in the forecast period.
Also, the cohort event monitoring sector is estimated to grow at the fastest pace in the years to come.The market may be categorized based on end-users like industrial, hospitals, research organizations, and others that could be explored in the forecast period.
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This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Pharmacovigilance and Drug Safety Software market include ArisGlobal, Ennov Solutions Inc., EXTEDO GmbH, Online Business Applications, Inc., Oracle Corporation.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Pharmacovigilance and Drug Safety Software Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/pharmacovigilance-and-drug-safety-software-market/download-sampleMarket DynamicsAutomation and digitalization is an increasing trend in every sector, including clinical research.
Infectious life-threatening diseases have a massive effect in terms of mortality and morbidity and oblige substantial economic trouble on affected countries.
This software help reduce the administrative burdens and workloads by consolidating information in a familiar location, supports the trial round by facilitating the cooperation between all the researches.
Incorporation of this software dramatically enhances the speed and efficiency in maintaining, planning, performing, managing, and reporting of the research or study data.
