Market Research Report
Pharmacovigilance Market: By Clinical Trial Phases (Preclinical Studies, Phase I/1, Phase II/2, Phase III/3, Phase IV/4 Trial); By Type of Service Providers (In House, Contract Outsourcing) & By Region-Forecast 2019-2024
|Published by||IndustryARC||Product code||422640|
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|Pharmacovigilance Market: By Clinical Trial Phases (Preclinical Studies, Phase I/1, Phase II/2, Phase III/3, Phase IV/4 Trial); By Type of Service Providers (In House, Contract Outsourcing) & By Region-Forecast 2019-2024|
|Published: December 23, 2018||Content info:||
Pharmacovigilance is referred to as a practice of monitoring the effects of medical drugs after they have been licensed for use, especially in order to identify and evaluate previously unreported adverse reactions. Globally, increasing incidence rates of ADR (adverse drug reaction) which also represent a substantial burden on healthcare systems, coupled with the introduction of stringent government policies in developing nations pertaining to drug safety regulations are some key factors expected to drive the pharmacovigilance market during the period of study.
Geographically, North America dominated the pharmacovigilance market driven by strict drug safety approval regulations imposed by the U.S. FDA and other regulatory authorities coupled with increasing pressure for maintaining electronic medical records (EMR). North America was followed by Europe and Asia-Pacific as second and third largest market for the pharmacovigilance market. Asia Pacific is projected to have the fastest growth, owing to availability of large pool of educated and cost-effective labor force, the presence of favorable business environment and the implementation of government initiatives aimed at improving healthcare access in developing nations such as India and China.
This report identifies the pharmacovigilance market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the pharmacovigilance market.
Pharmacovigilance market research report is classified on the basis of clinical trial phase. Some of the major clinical trial phases covered in this report are as follows: Preclinical Studies, Phase I/1, Phase II/2, Phase III/3, Phase IV/4 Trial
Pharmacovigilance market research report is classified on the basis of type of service provider. Some of the major service provider types covered in this report are as follows: In House, Contract Outsourcing
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Quintiles Transnational Corporation
Boehringer Ingelheim GmbH
PAREXEL International Corporation
More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"