Global Pharmacovigilance And Drug Safety Software Market Size & Outlook
Global pharmacovigilance and drug safety software market, 2021-2033 (US$M)
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Global pharmacovigilance and drug safety software market highlights
- The global pharmacovigilance and drug safety software market generated a revenue of USD 211.0 million in 2024 and is expected to reach USD 388.7 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 7.1% by 2033.
- In terms of segment, on-demand accounted for a revenue of USD 130.0 million in 2024.
- 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 211.0 million |
| Market revenue in 2033 | USD 388.7 million |
| Growth rate | 7.1% (CAGR from 2025 to 2033) |
| Largest segment | On-demand |
| Fastest growing segment | On-Demand |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-Demand, On-Premise |
Other key industry trends
- In terms of revenue, the North America accounted for 32.1% of the global pharmacovigilance and drug safety software market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 11.8 million by 2033.
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Pharmacovigilance And Drug Safety Software Market Scope
Pharmacovigilance And Drug Safety Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 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 |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
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 61.61% in 2024. Horizon Databook has segmented the Global pharmacovigilance and drug safety software market based on on-demand, on-premise covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Pharmacovigilance And Drug Safety Software Delivery Mode Outlook (Revenue, USD Million, 2021-2033)
- On-Premise
- On-Demand
- Global Pharmacovigilance And Drug Safety Software End Use Outlook (Revenue, USD Million, 2021-2033)
- Others
- Healthcare Companies (Pharmaceuticals & Biotechnology Companies)
- CROs/BPOs or PV service providers when outsourced
- Global Pharmacovigilance And Drug Safety Software Functionality Outlook (Revenue, USD Million, 2021-2033)
- Adverse event reporting and analysis
- Signal detection and other safety risk assessment
- Case data collection and management
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 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 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global pharmacovigilance and drug safety software market size, by regions, 2021-2033 (US$M)
Top 10 countries: Pharmacovigilance and drug safety software market size, 2024 (US$M)
Global pharmacovigilance and drug safety software market share, by delivery mode, 2024 & 2033 (%, US$M)
Pharmacovigilance and drug safety software market: Opportunity assessment by country
Global pharmacovigilance and drug safety software market, by region, 2024 (US$M)
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