News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, October 13, 2018 ) According to Verified Market Intelligence, the global pharmacovigilance and drug safety software market was valued at USD 127.18 million in 2016 and is projected to reach USD 222.83 million by 2025, growing at a CAGR of 6.43% from 2017 to 2025.
Pharmacovigilance also known as drug safety is defined as science that mainly deals with the detections, monitoring, assessment and prevention of harmful effects of pharmaceutical drugs. Pharmacovigilance and drug safety software mainly helps in creating, classifying and reviewing of pharmacovigilance data and results in creating more knowledge and awareness among the healthcare professionals.
Increasing drug discoveries and technical advancements, growing cases of chronic diseases, high reports of drug reactions and government safety concerns towards adverse drug results has been driving the global pharmacovigilance and drug safety software market. While lack of regulations and lack of pharmacovigilance professionals acts a potential restraints for the overall market at a global level.
Competitive Landscape:
The major players in the market are as follows:
AB-Cube Arisglobal Extedo GMBH. Online Business Applications, Inc Oracle Corporation. Sarjen Systems Pvt. Ltd Sparta Systems, Inc United Biosource Corporation Umbra Global
About Us: Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
