Setting

Asia Pacific Pharmacovigilance and Drug Safety Software Market 2021-2031 by Functionality (Adverse Event Reporting, Drug Safety Audits, Issue Tracking, Fully Integrated), Clinical Phase (Pre-clinical, Phase I-IV), Method, Delivery Mode (On-premise, On-demand), Indication, End User (Pharma and Biotech Companies, CROs, BPOs, Others), and Country: Trend Forecast and Growth Opportunity

Published: 31 Jul 2022 | Report Code: 10248652 | Pages: 117

Asia Pacific pharmacovigilance and drug safety software market will grow by 8.9% annually with a total addressable market cap of $817.5 million over 2022-2031, driven by the increasing prevalence of chronic diseases due to the aging population, the growing drug discovery pipelines, increase in incidence of adverse drug reactions (ADR), more stringent regulatory guidelines for drug safety, and the increasing adoption of AI and cloud technologies in PV software and solutions. Highlighted with 30 tables and 59 figures, this 117-page report “Asia Pacific Pharmacovigilance and Drug Safety Software Market 2021-2031 by Functionality (Adverse Event Reporting, Drug Safety Audits, Issue Tracking, Fully Integrated), Clinical Phase (Pre-clinical, Phase I-IV), Method, Delivery Mode (On-premise, On-demand), Indication, End User (Pharma and Biotech Companies, CROs, BPOs, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific pharmacovigilance and drug safety software market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific pharmacovigilance and drug safety software market in every aspect of the classification from perspectives of Functionality, Clinical Phase, Method, Delivery Mode, Indication, End User, and Country. Based on Functionality, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Adverse Event Reporting Software • Drug Safety Audits Software • Issue Tracking Software • Fully Integrated Software Based on Clinical Phase, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Pre-clinical • Phase I • Phase II • Phase III • Phase IV By Method, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Spontaneous Reporting • Intensified ADR Reporting • Targeted Spontaneous Reporting • Cohort Event Monitoring • EHR Mining By Delivery Mode, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • On-premise Delivery • On-demand Delivery By Indication, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Oncology • Respiratory Disorders • Cardiology • Neurology • Immunology • Pain Management • Other Indications By End Users, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Pharmaceutical and Biotechnology Companies • Contract Research Organizations (CROs) • Business Process Outsourcing Firms (BPOs) • Other End Users Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Functionality, Delivery Mode and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: Ab Cube Accenture PLC ArisAsia Pacific LLC Cognizant Technology Solutions Corporation Ennov Solutions Inc. Extedo GmbH Honeywell International Inc. (Sparta Systems Inc.) IQVIA Inc. Max Application Oracle Corporation Sarjen Systems Pvt. Ltd. United BioSource LLC Veeva Systems Inc. Wipro Limited (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:
1 Introduction	8
1.1 Industry Definition and Research Scope	8
1.1.1 Industry Definition	8
1.1.2 Research Scope	9
1.2 Research Methodology	12
1.2.1 Overview of Market Research Methodology	12
1.2.2 Market Assumption	13
1.2.3 Secondary Data	13
1.2.4 Primary Data	13
1.2.5 Data Filtration and Model Design	14
1.2.6 Market Size/Share Estimation	15
1.2.7 Research Limitations	16
1.3 Executive Summary	17
2 Market Overview and Dynamics	20
2.1 Market Size and Forecast	20
2.1.1 Impact of COVID-19 on World Economy	21
2.1.2 Impact of COVID-19 on the Market	25
2.2 Major Growth Drivers	27
2.3 Market Restraints and Challenges	32
2.4 Emerging Opportunities and Market Trends	35
2.5 Porter’s Fiver Forces Analysis	39
3 Segmentation of Asia Pacific Market by Functionality	43
3.1 Market Overview by Functionality	43
3.2 Adverse Event Reporting Software	45
3.3 Drug Safety Audits Software	46
3.4 Issue Tracking Software	47
3.5 Fully Integrated Software	48
4 Segmentation of Asia Pacific Market by Clinical Phase	49
4.1 Market Overview by Clinical Phase	49
4.2 Pre-clinical	51
4.3 Phase I	52
4.4 Phase II	53
4.5 Phase III	54
4.6 Phase IV	55
5 Segmentation of Asia Pacific Market by Method	56
5.1 Market Overview by Method	56
5.2 Spontaneous Reporting	58
5.3 Intensified ADR Reporting	59
5.4 Targeted Spontaneous Reporting	60
5.5 Cohort Event Monitoring	61
5.6 EHR Mining	62
6 Segmentation of Asia Pacific Market by Delivery Mode	63
6.1 Market Overview by Delivery Mode	63
6.2 On-premise Delivery	65
6.3 On-demand Delivery	66
7 Segmentation of Asia Pacific Market by Indication	67
7.1 Market Overview by Indication	67
7.2 Oncology	69
7.3 Respiratory Disorders	70
7.4 Cardiology	71
7.5 Neurology	72
7.6 Immunology	73
7.7 Pain Management	74
7.8 Other Indications	75
8 Segmentation of Asia Pacific Market by End User	76
8.1 Market Overview by End User	76
8.2 Pharmaceutical and Biotechnology Companies	78
8.3 Contract Research Organizations (CROs)	79
8.4 Business Process Outsourcing Firms (BPOs)	80
8.5 Other End Users	81
9 Asia-Pacific Market 2021-2031 by Country	82
9.1 Overview of Asia-Pacific Market	82
9.2 Japan	85
9.3 China	88
9.4 Australia	90
9.5 India	92
9.6 South Korea	94
9.7 Rest of APAC Region	96
10 Competitive Landscape	98
10.1 Overview of Key Vendors	98
10.2 New Product Launch, Partnership, Investment, and M&A	101
10.3 Company Profiles	102
Ab Cube	102
Accenture PLC	104
ArisAsia Pacific LLC	105
Cognizant Technology Solutions Corporation	106
Ennov Solutions Inc.	107
Extedo GmbH	108
Honeywell International Inc. (Sparta Systems Inc.)	109
IQVIA Inc.	110
Max Application	111
Oracle Corporation	112
Sarjen Systems Pvt. Ltd.	113
United BioSource LLC	114
Veeva Systems Inc.	115
Wipro Limited	116
RELATED REPORTS	117
List of Tables:

Table 1.  Snapshot of Asia Pacific Pharmacovigilance and Drug Safety Software Market in Balanced Perspective, 2021-2031	18
Table 2. World Economic Outlook, 2021-2031	22
Table 3. World Economic Outlook, 2021-2023	23
Table 4.  Main Product Trends and Market Opportunities in Asia Pacific Pharmacovigilance and Drug Safety Software Market	35
Table 5. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	43
Table 6. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase, 2021-2031, $ mn	49
Table 7. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method, 2021-2031, $ mn	56
Table 8. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	63
Table 9. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication, 2021-2031, $ mn	67
Table 10. Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	76
Table 11. APAC Pharmacovigilance and Drug Safety Software Market by Country, 2021-2031, $ mn	83
Table 12. Japan Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	87
Table 13. Japan Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	87
Table 14. Japan Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	87
Table 15. China Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	89
Table 16. China Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	89
Table 17. China Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	89
Table 18. Australia Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	91
Table 19. Australia Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	91
Table 20. Australia Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	91
Table 21. India Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	93
Table 22. India Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	93
Table 23. India Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	93
Table 24. South Korea Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, $ mn	95
Table 25. South Korea Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, $ mn	95
Table 26. South Korea Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, $ mn	95
Table 27. Pharmacovigilance and Drug Safety Software Market in Rest of APAC by Country/Region, 2021-2031, $ mn	97
Table 28. Ab Cube: Company Snapshot	102
Table 29. Ab Cube: Business Segmentation	103
Table 30. Ab Cube: Product Portfolio	103
List of Figures:

Figure 1. Research Method Flow Chart	12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	15
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031	17
Figure 4. Asia Pacific Pharmacovigilance and Drug Safety Software Market, 2021-2031, $ mn	20
Figure 5. Impact of COVID-19 on Business	25
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Pharmacovigilance and Drug Safety Software Market	27
Figure 7. Percentage of Trial Participants by Country, 2015-2019	30
Figure 8. World Drug Discovery Market, 2019-2030, $ mn	31
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Pharmacovigilance and Drug Safety Software Market	32
Figure 10. Investment Opportunity Analysis	36
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Pharmacovigilance and Drug Safety Software Market	39
Figure 12. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality, 2021-2031, % of Revenue	44
Figure 13. Asia Pacific Addressable Market Cap in 2022-2031 by Functionality, Value ($ mn) and Share (%)	44
Figure 14. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality: Adverse Event Reporting Software, 2021-2031, $ mn	45
Figure 15. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality: Drug Safety Audits Software, 2021-2031, $ mn	46
Figure 16. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality: Issue Tracking Software, 2021-2031, $ mn	47
Figure 17. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Functionality: Fully Integrated Software, 2021-2031, $ mn	48
Figure 18. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase, 2021-2031, % of Sales Revenue	50
Figure 19. Asia Pacific Addressable Market Cap in 2022-2031 by Clinical Phase, Value ($ mn) and Share (%)	50
Figure 20. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase: Pre-clinical, 2021-2031, $ mn	51
Figure 21. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase: Phase I, 2021-2031, $ mn	52
Figure 22. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase: Phase II, 2021-2031, $ mn	53
Figure 23. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase: Phase III, 2021-2031, $ mn	54
Figure 24. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Clinical Phase: Phase IV, 2021-2031, $ mn	55
Figure 25. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method, 2021-2031, % of Sales Revenue	57
Figure 26. Asia Pacific Addressable Market Cap in 2022-2031 by Method, Value ($ mn) and Share (%)	57
Figure 27. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method: Spontaneous Reporting, 2021-2031, $ mn	58
Figure 28. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method: Intensified ADR Reporting, 2021-2031, $ mn	59
Figure 29. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method: Targeted Spontaneous Reporting, 2021-2031, $ mn	60
Figure 30. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method: Cohort Event Monitoring, 2021-2031, $ mn	61
Figure 31. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Method: EHR Mining, 2021-2031, $ mn	62
Figure 32. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by Delivery Mode, 2021-2031, % of Revenue	64
Figure 33. Asia Pacific Addressable Market Cap in 2022-2031 by Delivery Mode, Value ($ mn) and Share (%)	64
Figure 34. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Delivery Mode: On-premise Delivery, 2021-2031, $ mn	65
Figure 35. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Delivery Mode: On-demand Delivery, 2021-2031, $ mn	66
Figure 36. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication, 2021-2031, % of Revenue	68
Figure 37. Asia Pacific Addressable Market Cap in 2022-2031 by Indication, Value ($ mn) and Share (%)	68
Figure 38. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Oncology, 2021-2031, $ mn	69
Figure 39. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Respiratory Disorders, 2021-2031, $ mn	70
Figure 40. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Cardiology, 2021-2031, $ mn	71
Figure 41. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Neurology, 2021-2031, $ mn	72
Figure 42. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Immunology, 2021-2031, $ mn	73
Figure 43. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Pain Management, 2021-2031, $ mn	74
Figure 44. Asia Pacific Pharmacovigilance and Drug Safety Software Market by Indication: Other Indications, 2021-2031, $ mn	75
Figure 45. Breakdown of Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User, 2021-2031, % of Revenue	76
Figure 46. Asia Pacific Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%)	77
Figure 47. Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User: Pharmaceutical and Biotechnology Companies, 2021-2031, $ mn	78
Figure 48. Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User: Contract Research Organizations (CROs), 2021-2031, $ mn	79
Figure 49. Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User: Business Process Outsourcing Firms (BPOs), 2021-2031, $ mn	80
Figure 50. Asia Pacific Pharmacovigilance and Drug Safety Software Market by End User: Other End Users, 2021-2031, $ mn	81
Figure 51. Breakdown of APAC Pharmacovigilance and Drug Safety Software Market by Country, 2021 and 2031, % of Revenue	83
Figure 52. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)	84
Figure 53.  Pharmacovigilance and Drug Safety Software Market in Japan, 2021-2031, $ mn	86
Figure 54.  Pharmacovigilance and Drug Safety Software Market in China, 2021-2031, $ mn	88
Figure 55.  Pharmacovigilance and Drug Safety Software Market in Australia, 2021-2031, $ mn	90
Figure 56.  Pharmacovigilance and Drug Safety Software Market in India, 2021-2031, $ mn	92
Figure 57.  Pharmacovigilance and Drug Safety Software Market in South Korea, 2021-2031, $ mn	94
Figure 58.  Pharmacovigilance and Drug Safety Software Market in Rest of APAC, 2021-2031, $ mn	96
Figure 59. Growth Stage of Asia Pacific Pharmacovigilance and Drug Safety Software Industry over the Forecast Period	98
Selected Key Players: 
Ab Cube
Accenture PLC
ArisGlobal LLC
Cognizant Technology Solutions Corporation
Ennov Solutions Inc.
Extedo GmbH
Honeywell International Inc. (Sparta Systems Inc.)
IQVIA Inc.
Max Application
Oracle Corporation
Sarjen Systems Pvt. Ltd.
United BioSource LLC
Veeva Systems Inc.
Wipro Limited 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)