Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Pharmacovigilance And Drug Safety Software Market, including its growth prospects, market trends, and market challenges

JERSEY CITY, N.J., March 31, 2023 /PRNewswire/ — The global Pharmacovigilance And Drug Safety Software Market is projected to grow at a CAGR of 11.04% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.88 Billion in 2021 and is expected to reach USD 16.99 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=2291

Browse in-depth TOC on “Pharmacovigilance And Drug Safety Software Market“

202 – Pages
126 – Tables
37 – Figures

Pharmacovigilance And Drug Safety Software Market Gains Momentum as Demand for Drug Safety Management Rises

The global Pharmacovigilance And Drug Safety Software Market is witnessing robust growth, thanks to the increasing demand for effective drug safety management systems. Pharmacovigilance is an essential aspect of drug safety that deals with the detection, monitoring, assessment, and prevention of various side effects and adverse reactions of medicinal drugs. The use of pharmacovigilance and drug safety software enables healthcare professionals to manage and record pharmacovigilance data, which can be used for growing awareness of the harmful effects of drugs.

According to recent research by Verified Market Research®, the incidence of adverse drug reactions has increased globally, leading to the introduction of stringent regulations by many governments for the pre-sales and post-sales of drugs. Outsourcing companies are quickly adopting pharmacovigilance and drug safety software to ensure regulatory compliance and patient safety. Moreover, the rising cases of chronic disorders have further boosted the demand for such software.

The market’s key players include Arisglobal, AB-Cube, Sparta Systems, Inc, Extedo GMBH, Oracle Corporation, Online Business Applications, Inc., Sarjen Systems Pvt. Ltd, United Biosource Corporation, and Umbra Global.

To stay competitive in the market, these key players are adopting various key development strategies, including product benchmarking and SWOT analysis, to enhance their product offerings and stay ahead of the curve. Additionally, market ranking analysis is used to determine the company’s position in the market.

The pharmacovigilance and drug safety software market are highly competitive, and key players are focusing on innovation and technological advancements to cater to the growing demand for effective drug safety management systems.

In conclusion, the increasing demand for effective drug safety management systems is driving the growth of the Pharmacovigilance And Drug Safety Software Market. Key players are adopting various key development strategies, including product benchmarking and SWOT analysis, to stay competitive in the market.

Based on the research, Verified Market Research® has segmented the global Pharmacovigilance And Drug Safety Software Market into Functionality, Delivery, End User, And Geography.

• Pharmacovigilance And Drug Safety Software Market, by Functionality
• Adverse Event Reporting Software
• Drug Safety Audits Software
• Issue Tracking Software
• Fully Integrated Software
• Pharmacovigilance And Drug Safety Software Market, by Delivery
• On-Premise Delivery Mode
• On-Demand/Cloud-Based (Saas) Delivery Mode
• Pharmacovigilance And Drug Safety Software Market, by End User
• Pharma and Biotech Companies
• Contract Research Organizations (CROS)
• Business Process Outsourcing (BPO) Firms
• Other Pharmacovigilance Service Providers
• Pharmacovigilance And Drug Safety Software Market, by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Artificial Intelligence In Genomics Market By Offering (Software, Services), By Technology (Machine Learning, Computer Vision), By Functionality (Genome Sequencing, Gene Editing), By Geography, And Forecast

Computational Biology Market By End-User (Industry, Commercial, Academics), By Application (Preclinical Drug Development, Human Body Simulation Software), By Geography, And Forecast

Central Fill Pharmacy Automation Market By Product And Services (Equipment, Software), By Vendor (Equipment Vendor, Consulting Vendor), By Application (Inpatient Pharmacy, Outpatient Pharmacy), By Eqipment (Automated Medication Dispensing System, Integrated Workflow Automation Systems, Automated Packaging And Labeling Systems), By Geography, And Forecast

Drug Safety Software Market By Product (Fully Integrated Solution, Issue Tracking Solution, Adverse Event Reporting Solution, Others), By Application (Bpos, Cros, Pharma & Biotech Companies, Others), By Geography, And Forecast

Top 15 Pharma Companies contributing for a healthier future

Visualize Pharmacovigilance And Drug Safety Software Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg 

View original content:https://www.prnewswire.com/news-releases/pharmacovigilance-and-drug-safety-software-market-expected-to-reach-usd-16-99-billion-by-2030-verified-market-research-301786897.html

SOURCE Verified Market Research