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Global Pharmacovigilance Market to Reach Worth USD 5.9 Bn by 2022: Credence Research

According to the latest report published by Credence Research, Inc. “Global  Pharmacovigilance Market  - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the pharmacovigilance market was valued at USD 2,159.3 Mn in 2015, and is expected to reach USD 5,896.4 Mn by 2022, expanding at a CAGR of 15.8% from 2016 to 2022. Browse the full report at  http://www.credenceresearch.com/report/pharmacovigilance-market Market Insights Increasing demands on pharmaceutical manufacturers and other intermediaries regarding early identification of drug adversities, growing concerns over drug safety and growing need for prompt compliance to regulatory guidelines have led to emergence of pharmacovigilance services. Moreover, withdrawals of several high profile drugs in the past have urged pharmaceutical manufacturers to closely observe GPvP practices to preserve their stronghold in the market. Among the phases of drug development na...