Pharma R&D & Clinical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Pharmacovigilance Services
Overview
Market size
$9.5B
global, USD
CAGR
10.5%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$15.7B
What changed
Demand by region
North America demand40%
Europe demand28%
Asia Pacific demand22%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Specialized drug safety personnel labor55%
Hosting and safety database software licensing15%
Artificial intelligence and automation processing infrastructure10%
Regulatory reporting and global compliance overhead10%
General corporate overhead and administrative facilities10%
share of delivered cost (analyst estimate)