Global Pharmacovigilance And Drug Safety Software Market Size & Outlook
The pharmacovigilance and drug safety software industry worldwide is expected to reach a projected revenue of US$ 314.1 million by 2030. A compound annual growth rate of 6.8% is expected of the worldwide pharmacovigilance and drug safety software industry from 2024 to 2030.
Revenue, 2023 (US$M)
$198.2
Forecast, 2030 (US$M)
$314.1
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide
Global pharmacovigilance and drug safety software market, 2018-2030 (US$M)
Related Markets
Global pharmacovigilance and drug safety software market highlights
- The global pharmacovigilance and drug safety software market generated a revenue of USD 198.2 million in 2023 and is expected to reach USD 314.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, on-demand accounted for a revenue of USD 110.5 million in 2023.
- On-Demand is the most lucrative delivery mode segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 198.2 million |
| Market revenue in 2030 | USD 314.1 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | On-demand |
| Fastest growing segment | On-Demand |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-Premise, On-Demand |
Other key industry trends
- In terms of revenue, the North America accounted for 32.5% of the global pharmacovigilance and drug safety software market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 74.0 million by 2030.
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Pharmacovigilance And Drug Safety Software Market Scope
Pharmacovigilance and drug safety software market segmentation & scope
Others
Pharmacovigilance And Drug Safety Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmacovigilance and drug safety software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmacovigilance and drug safety software market will help companies and investors design strategic landscapes.
on-demand was the largest segment with a revenue share of 55.75% in 2023. Horizon Databook has segmented the Global pharmacovigilance and drug safety software market based on on-premise, on-demand covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmacovigilance And Drug Safety Software Delivery Mode Outlook (Revenue, USD Million, 2018-2030)
- On-Premise
- On-Demand
- Global Pharmacovigilance And Drug Safety Software End Use Outlook (Revenue, USD Million, 2018-2030)
- Healthcare Companies (Pharmaceuticals & Biotechnology Companies)
- CROs/BPOs or PV service providers when outsourced
- Others
- Global Pharmacovigilance And Drug Safety Software Functionality Outlook (Revenue, USD Million, 2018-2030)
- Case data collection and management
- Adverse event reporting and analysis
- Signal detection and other safety risk assessment
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Target buyers of Global pharmacovigilance and drug safety software market databook
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Our clientele includes a mix of pharmacovigilance and drug safety software market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmacovigilance and drug safety software market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmacovigilance and drug safety software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global pharmacovigilance and drug safety software market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Pharmacovigilance and drug safety software market size, 2023 (USD Million)
Top 10 countries: Pharmacovigilance and drug safety software market size, 2023 (USD Million)
Global pharmacovigilance and drug safety software market, by region, 2023 (US$M)
Related regional statistics
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