Europe Pharmacovigilance And Drug Safety Software Market Size & Outlook

The pharmacovigilance and drug safety software market in Europe is expected to reach a projected revenue of US$ 83.5 million by 2030. A compound annual growth rate of 7.1% is expected of Europe pharmacovigilance and drug safety software market from 2024 to 2030.
Revenue, 2023 (US$M)
$51.5
Forecast, 2030 (US$M)
$83.5
CAGR, 2024 - 2030
7.1%
Report Coverage
Europe

Europe pharmacovigilance and drug safety software market, 2018-2030 (US$M)

Europe
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Europe pharmacovigilance and drug safety software market highlights

  • The Europe pharmacovigilance and drug safety software market generated a revenue of USD 51.5 million in 2023.
  • The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, on-demand was the largest revenue generating delivery mode in 2023.
  • On-Demand is the most lucrative delivery mode segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 51.5 million
Market revenue in 2030USD 83.5 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentOn-demand
Fastest growing segmentOn-Demand
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOn-Premise, On-Demand
Key market players worldwideIQVIA Holdings Inc, Accenture PLC Class A, Cognizant Technology Solutions Corp Class A, Labcorp Holdings Inc, International Business Machines Corp, ArisGlobal, Icon PLC, Capgemini SE, Oracle Corp, PAREXEL

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.0% of the global pharmacovigilance and drug safety software market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 106.1 million by 2030.

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Pharmacovigilance And Drug Safety Software Market Companies

Name Profile # Employees HQ Website

Europe 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 57.28% in 2023. Horizon Databook has segmented the Europe pharmacovigilance and drug safety software market based on on-premise, on-demand covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Pharmacovigilance And Drug Safety Software Delivery Mode Outlook (Revenue, USD Million, 2018-2030)
    • On-Premise
    • On-Demand
  • Europe 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
  • Europe 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 Europe pharmacovigilance and drug safety software market databook

  • Our clientele includes a mix of pharmacovigilance and drug safety software market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pharmacovigilance and drug safety software market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pharmacovigilance and drug safety software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe pharmacovigilance and drug safety software market size, by country, 2018-2030 (US$M)

Europe Pharmacovigilance And Drug Safety Software Market Outlook Share, 2023 & 2030 (US$M)

Europe pharmacovigilance and drug safety software market size, by country, 2018-2030 (US$M)

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