Insights on the Drug Safety Global Market to 2027 - Increasing Adoption of Drug Safety Facilitating the Launch of New Drugs Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Drug Safety Market Research Report by Functionality (ADR Reporting, Drug Safety Audits, and Fully Integrated Software), Delivery Mode, End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Drug Safety Market size was estimated at USD 7,834.49 million in 2021, USD 9,513.26 million in 2022, and is projected to grow at a CAGR 21.60% to reach USD 25,334.85 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Drug Safety Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Drug Safety Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Drug Safety Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Drug Safety Market?

4. What is the competitive strategic window for opportunities in the Global Drug Safety Market?

5. What are the technology trends and regulatory frameworks in the Global Drug Safety Market?

6. What is the market share of the leading vendors in the Global Drug Safety Market?

7. What modes and strategic moves are considered suitable for entering the Global Drug Safety Market?

Market Dynamics

Drivers

• Increasing population addicted to smoking
• Escalating patient safety issues

Restraints

• Issues related to clinical trials

Opportunities

• Rising R&D activities
• Increasing adoption of drug safety facilitating the launch of new drugs

Challenges

• Adverse effects of drugs

Companies Mentioned

• AB CUBE
• Accenture, Inc.
• Anju Software Inc.
• ArisGlobal LLC(Nordic Capital)
• Cinven
• Cognizant Technology Solutions Corp
• Ergomed PLC
• EXTEDO GmbH
• Genpact
• HCL Technologies Limited
• Indigene Pharmaceuticals, Inc.
• IQVIA Inc.
• Medco Health Solutions, Inc.
• Nordic Capital
• Oracle Corporation
• Parexel International Corporation
• Pharmaceutical Product Development, LLC
• PRA Health Sciences, Inc.
• Sarjen Systems Pvt. Ltd
• Sparta Systems Inc.
• Syneos Health, Inc.
• Telerx
• Umbra Global LLC
• Worldwide Clinical Trials

For more information about this report visit https://www.researchandmarkets.com/r/480bf0

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