Pharmacovigilance Market Size, share, growth and analysis 2015

PUNE, India - Dec. 10, 2015 - PRLog -- Pharmacovigilance Market (http://www.researchmoz.us/pharmacovigilance-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019-report.html) (Phases of Drug Development: Preclinical Studies, Clinical Trial Phase I, II, III & IV or Post Marketing Surveillance; Type of Methods: Spontaneous Reporting, Intensified ADR Reporting, Targeted Spontaneous Reporting, Cohort Event Monitoring, & EHR Mining; Type of Service: In-House & Contract Outsourcing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Intensifying regulatory expectations, tougher inspection system, and instant need for patient reporting boost the adoption rate of pharmacovigilance among pharmaceutical companies. Rise in the prevalence of acute and chronic diseases has consequently led to an increase in the incidences of drug consumption, thus leading to growth in the number of adverse drug events and drug toxicity cases. Furthermore, safety regulations, risk of high-profile safety issues, large volume of post-market events to be reviewed along with negative media coverage have bound the pharmaceutical players to take support of various outsourcing services for drug monitoring.

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Two major outsourcing providers preferred by pharmaceutical manufacturers for pharmacovigilance services are namely, traditional CROs (e.g. Covance, Inc., Quintiles Transnational, INC Research, etc.) and BPOs (e.g. Capgemini, Cognizant, Infosys Ltd., Tata Consultancy Services Limited, etc.). Outsourcing services do not only help in cost saving, but also support process efficiency. Pharmaceutical companies are now entering into long-term partnerships/service agreements with CROs and BPOs to reduce the pharmacovigilance process related expenditure, incurred right from drug discovery to post-marketing approvals. In addition, pharmacovigilance requires skilled resources with excellent language skills and strong knowledge pertaining to case reporting due to which pharmaceutical companies are opting for outsourced pharmacovigilance services in order to reduce the burden of clerical functions as well as capital expenditures.

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Global Pharmacovigilance Industry 2015 (http://www.researchmoz.us/global-pharmacovigilance-indust...)

The Global Pharmacovigilance Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Pharmacovigilance industry.

The report provides a basic overview of the industry including definitions and classifications. The Pharmacovigilance market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

The report focuses on global major leading industry players providing information such as company profiles, product specification, price, cost, revenue and contact information.

With 146 the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Life Sciences BPO Market (http://www.researchmoz.us/life-sciences-bpo-market-contract-research-organizations-drug-discovery-pre-clinical-clinical-trials-medical-writing-pharmacovigilance-risk-based-monitoring-clinical-data-management-biostatisticsand-contract-manufacturing-organization-report.html)

(http://www.researchmoz.us/life-sciences-bpo-market-contract-research-organizations-drug-discovery-pre-clinical-clinical-trials-medical-writing-pharmacovigilance-risk-based-monitoring-clinical-data-management-biostatisticsand-contract-manufacturing-organization-report.html)


[Contract Research Organizations (Drug Discovery, Pre-Clinical, Clinical Trials, Medical Writing, Pharmacovigilance, Risk-Based Monitoring, Clinical Data Management, Biostatistics)and Contract Manufacturing Organizations] - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

The global life sciences BPO market has been segmented based on all the above- mentioned parameters and market size estimates and forecasts for the period of 2011 to 2019have been provided for each of the segments, in terms of USD million, considering 2012 as the base year for calculations and 2011 representing as the historical year. The CAGR (%) of each market segment for the forecast period 2013 to 2019 has also been provided along with market size estimations.