Infinium Global Research Pharmacovigilance and Drug Safety Software Market | Page 2

Pharmacovigilance and Drug Safety Software Market: Trends and Forecast -2024
The Infinium Global Research analyzes the report of Pharmacovigilance and Drug
Safety Software Market over the period of 2018 to 2024. This report also provides
detailed qualitative and quantitative analyses of the market dynamics, market size
and future trends in Global Pharmacovigilance and Drug Safety Software Market. It
will help a lot of decision makers to develop strategies and find new opportunities
in the Global markets of Pharmacovigilance and Drug Safety Software.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Pharmacovigilance and Drug Safety Software Market during the said period. The
report also provides market attractiveness analysis, by geography, and market
share analysis, by key players respectively. Some of the prominent participants in
the Global Pharmacovigilance and Drug Safety Software Market are United
BioSource Corporation, Oracle Corporation, Sparta Systems, AB Cube, Arisglobal,
Extedo GMBH, Ennov, Online Business Applications and Sarjen Systems Pvt.
According to report the global pharmacovigilance and drug safety software market
is projected to grow at a CAGR of 5.3% over the forecast period of 2018-2024.
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Pharmacovigilance is term referred to the drug safety that deals with collection,
detection, assessment, monitoring, and prevention of adverse effects with
pharmaceutical products. Pharmacovigilance is concern with the safety and
efficiency of pharmaceutical products. Pharmacovigilance is perhaps the most vital
function within a life science company as they must have to adhere to strict
regulations to develop, manufacture and commercialize a drug. To understand the
risks and benefits of pharmaceutical products through all phases of their lifecycle
the efficient and effective pharmacovigilance software solutions are required to
ensure the drug safety.
The various government associations such as European Medicines Evaluation
Agency (EMEA) and the U.S. Food and Drug Administration (FDA) are have very
strict rules and regulation regarding the drugs approval. The drug’s safety is the
major concern for these organizations. The growing pressure from the government
agencies to developed novel and safe drug is driving the growth of
pharmacovigilance and drug safety software market across the world. In addition,
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