PUBLISHER: Grand View Research | PRODUCT CODE: 2089695
PUBLISHER: Grand View Research | PRODUCT CODE: 2089695
The global pharmacovigilance market size was valued at USD 8.6 billion in 2025 and is projected to grow from USD 9.2 billion in 2026 to USD 13.5 billion by 2033, growing at a CAGR of 5.6% from 2026 to 2033. America dominated the market in 2025 and held the largest share of 31.7%. The rising incidence of Adverse Drug Reactions (ADRs) owing to drug abuse and the prevalence of diseases that require a combination of drugs are the major growth drivers for the market.
In addition, an upward shift in the production of novel drugs and the presence of stringent government regulatory frameworks for drug safety are significantly boosting the market growth. For instance, the U.S. FDA and the European Medicines Agency (EMA) issue regulatory guidelines for all phases of clinical trials. Moreover, advancements in the development of ADR databases and information systems have enabled accurate reporting of information, which can be further utilized by research professionals for prospective clinical studies, thereby fueling overall growth.
Global Pharmacovigilance Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global pharmacovigilance market report based on service provider, product life cycle, type, process flow, therapeutic area, end use, and region: