Pharmacovigilance Market Size, Growth rate, Industry Challenges and Opportunities to 2027

The global pharmacovigilance market is expected to reach USD 12.98 Billion by 2027, according to a new report by Reports and Data. Every drug is associated with beneficial, as well as an undesirable or adverse effect.


The growing prevalence of adverse drug reaction and toxicity is one of the significant factors influencing the market growth.

Pharmacovigilance Market Size – USD 4.83 billion in 2019, Market Growth - CAGR of 13.1%, Market Trends – Rise in drug consumption and development rates

The market research report on Global Pharmacovigilance Market added by Reports and Data to its ever-expanding repository provides a comprehensive assessment of the current and emerging market trends, growth statistics, revenue growth and contribution, forecast values, competitive scenario, opportunities and growth prospects, and strategic alliances in the market. The research study on global Pharmacovigilance market provides a complete detail oriented assessment of this market and provides an accurate evaluation of market size, market share, revenue estimations, current market value, key companies, downstream buyers, and industry overview over the forecast years.

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The report on the Pharmacovigilance market is an investigative study pertaining to the major geographical regions, consumer bases, cost analysis, value chain analysis, and key competitors. The market estimation offered in the report has been formulated by the utilization of both top-down and bottom-up methods to offer the readers a better understanding of the growth prospects and opportunities, challenges, trends, drivers and restraints, and overall growth of the Pharmacovigilance industry.

The regional analysis of the Pharmacovigilance market majorly focuses on the key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. It assesses the regional markets with regards to market share, market size, revenue contribution, sales network and distribution channel, production and consumption rate, import/export, supply and demand, upstream raw materials, downstream buyers, trends and demands, and presence of key players in each region.

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In-depth regional assessment includes:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

The report further studies the major competitors of the Pharmacovigilance market in the industry to provide comprehensive overview of the competitive landscape. Key factors such as productivity, manufacturing and production capacity, demand and supply ratio, company overview, product portfolio, and business expansion plans, among others. The key companies profiled in the report are Accenture, Cognizant, ArisGlobal, IBM Corporation, IQVIA, BoClinica Inc., Laboratory Corporation of America Holdings, Linical Accelovance, Capgemini, and ITClinical, among others. The report also covers strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, product launches, brand promotions, corporate and government, and partnerships, among others.

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Furthermore, the market is segmented into product types, application spectrum, end-user industries, and technology among others. The report also offers projections for the market segment expected to garner traction during the forecast period.

Product Outlook (Revenue, USD Billion, 2018–2028)


  • Consumables
    • Media
    • Reagents
    • Pharmacovigilances
  • Equipment
    • Bioreactors
    • Culture Vessels  
    • Filtration and Separation Equipment
    • Cell Counters
    • Other Equipment

Application Outlook (Revenue, USD Billion, 2018–2028)

  • Biopharmaceutical Production
  • Cell and Gene Therapy
  • Tissue Engineering and Regenerative Medicine
  • Other Applications

End Use Outlook (Revenue, USD Billion, 2018–2028)

  • Pharmaceutical Biotechnology Companies
  • Contract Research Organizations Contract Manufacturing Organizations
  • Academic and Research Institutes
  • Cell Banks

The report has been formulated through extensive primary and secondary research and validated data from interviews, journals, and industry experts. It offers critical estimations of the Pharmacovigilance market for the forecast period. It also sheds light on the investment opportunities and growth prospects in the Pharmacovigilance market during the forecast period.

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