Denmark Pharmacovigilance Market Size & Outlook, 2025-2030
Related Markets
Denmark pharmacovigilance market highlights
- The Denmark pharmacovigilance market generated a revenue of USD 84.1 million in 2024 and is expected to reach USD 126.5 million by 2030.
- The Denmark market is expected to grow at a CAGR of 6.8% from 2025 to 2030.
- In terms of segment, phase 4 was the largest revenue generating product life cycle in 2024.
- Phase 1 is the most lucrative product life cycle segment registering the fastest growth during the forecast period.
Pharmacovigilance market data book summary
| Market revenue in 2024 | USD 84.1 million |
| Market revenue in 2030 | USD 126.5 million |
| Growth rate | 6.8% (CAGR from 2025 to 2030) |
| Largest segment | Phase 4 |
| Fastest growing segment | Phase 1 |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase 2, Phase 1, Phase 3, Phase 4, Pre Clinical |
| Key market players worldwide | Accenture PLC Class A, IQVIA Holdings Inc, Cognizant Technology Solutions Corp Class A, Linical Americas, International Business Machines Corp, Labcorp Holdings Inc, ArisGlobal, Capgemini SE, ITClinical, Icon PLC, TAKE Solutions, PAREXEL, Wipro Ltd ADR, United Biosource Corporation, FMD K&L, BioClinica |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.1% of the global pharmacovigilance market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pharmacovigilance market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 276.8 million by 2030.
Phase 4 was the largest segment with a revenue share of 82.05% in 2024. Horizon Databook has segmented the Denmark pharmacovigilance market based on phase 2, phase 1, phase 3, phase 4, pre clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmacovigilance market in Denmark is expected to grow over the forecast period owing to the increased use of biologicals and biosimilars. According to a study published by the European Journal of Clinical Pharmacology in 2021, Denmark had the most thorough and fastest uptake of trastuzumab biosimilar compared to other European nations.
Moreover, the market share of trastuzumab increased by 90% in the country just after 3 months of its implementation.
The government's funding and support of digital health projects have accelerated PV development & adoption in the country. For instance, in 2022, Denmark was ranked 7th in the World Index of Healthcare Innovation with an overall score of 52.41, moving from 11th in 2021 and 14th in 2020. This number indicates growing innovations and advancements in healthcare technologies in the country.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pharmacovigilance Market Scope
Pharmacovigilance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BioClinica | View profile | 1001-5000 | Newtown, Pennsylvania, United States, North America | http://www.bioclinica.com |
| FMD K&L | View profile | 51-100 | Fort Washington, Pennsylvania, United States, North America | https://clinchoice.com |
| United Biosource Corporation | View profile | 1001-5000 | Bethesda, Maryland, United States, North America | http://ubc.com |
| ITClinical | View profile | 11-50 | Lisboa, Lisboa, Portugal, Europe | https://itclinical.com/ |
| Linical Americas | View profile | 501-1000 | Stuart, Florida, United States, North America | https://www.linicalamericas.com |
| TAKE Solutions | View profile | 1001-5000 | Princeton, New Jersey, United States, North America | http://www.takesolutions.com |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| ArisGlobal | View profile | 1001-5000 | Coral Gables, Florida, United States, North America | https://www.arisglobal.com |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Cognizant Technology Solutions Corp Class A | View profile | 344400 | 300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, United States, 07666 | https://www.cognizant.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Denmark pharmacovigilance market size, by product life cycle, 2018-2030 (US$M)
Denmark Pharmacovigilance Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
