The North America Veterinary Pharmacovigilance Market would witness market growth of 12.4% CAGR during the forecast period (2023-2029).
The governments of several nations have made more efforts to improve the oversight of pharmacovigilance operations. In 2018, for instance, there was a symposium that focused on drug safety as well as risk management measures for veterinary pharmacovigilance. Initiatives similar to these are anticipated to fuel market expansion. In the upcoming years, it is anticipated that the demand for veterinary pharmacovigilance will be driven by non-profit organization's efforts to raise awareness.
Additionally, it is anticipated that demand for pharmacovigilance services will increase in the upcoming years due to regulatory requirements regarding the conduct of clinical studies and post-marketing vigilance. The US Food and Drug Administration (FDA) establishes regulatory standards for clinical studies at every step. Accurate information can now be published owing to improvements in ADR information and database systems, which research experts can utilize for future studies. This has increased the demand for veterinary pharmacovigilance products. Adverse drug reactions are becoming more common, which is the key growth factor.
The desire for companionship in the region has increased. The understanding that animals make better friends for people has led to a rise in pet adoption throughout the North American continent. The most popular pets people adopt as family members are dogs and cats. Additionally, the US is one of the major consumers of beef products worldwide. Most people in the country consume processed meat daily in one form or another. As a result, the consumption of meat products by people has greatly increased. A significant amount of cattle agriculture is also taking place to meet this demand. Also, in the coming years, the need for veterinary pharmacovigilance will increase due to supportive government policies for the safety and security of animals.
The US market dominated the North America Veterinary Pharmacovigilance Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $441.6 million by 2029. The Canada market is poised to grow at a CAGR of 15% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 14% during (2023 - 2029).
Based on Product, the market is segmented into Anti-infectives, Biologics and Others. Based on Animal Type, the market is segmented into Dogs, Cats and Others. Based on Solution, the market is segmented into Software and Services. Based on Type, the market is segmented into In-house and Contract Outsourcing. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Veterinary Pharmacovigilance Market is Projected to reach USD 1.6 Billion by 2029, at a CAGR of 13.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, ArisGlobal LLC, Ennov SAS, Sarjen Systems Pvt. Ltd., PharSafer Associates Ltd., Knoell Germany GmbH, biologit, Indivirtus Group (Indivirtus Healthcare Services), Oy Medfiles Ltd., and Azierta Life Sciences & Health Consulting Firm S.L.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Anti-infectives
- Biologics
- Others
By Animal Type
By Solution
By Type
- In-house
- Contract Outsourcing
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- ArisGlobal LLC
- Ennov SAS
- Sarjen Systems Pvt. Ltd.
- PharSafer Associates Ltd.
- Knoell Germany GmbH
- biologit
- Indivirtus Group (Indivirtus Healthcare Services)
- Oy Medfiles Ltd.
- Azierta Life Sciences & Health Consulting Firm S.L
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Veterinary Pharmacovigilance Market, by Product
1.4.2 North America Veterinary Pharmacovigilance Market, by Animal Type
1.4.3 North America Veterinary Pharmacovigilance Market, by Solution
1.4.4 North America Veterinary Pharmacovigilance Market, by Type
1.4.5 North America Veterinary Pharmacovigilance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Veterinary Pharmacovigilance Market by Product
3.1 North America Anti-infectives Market by Country
3.2 North America Biologics Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Veterinary Pharmacovigilance Market by Animal Type
4.1 North America Dogs Market by Country
4.2 North America Cats Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Veterinary Pharmacovigilance Market by Solution
5.1 North America Software Market by Country
5.2 North America Services Market by Country
Chapter 6. North America Veterinary Pharmacovigilance Market by Type
6.1 North America In-house Market by Country
6.2 North America Contract Outsourcing Market by Country
Chapter 7. North America Veterinary Pharmacovigilance Market by Country
7.1 US Veterinary Pharmacovigilance Market
7.1.1 US Veterinary Pharmacovigilance Market by Product
7.1.2 US Veterinary Pharmacovigilance Market by Animal Type
7.1.3 US Veterinary Pharmacovigilance Market by Solution
7.1.4 US Veterinary Pharmacovigilance Market by Type
7.2 Canada Veterinary Pharmacovigilance Market
7.2.1 Canada Veterinary Pharmacovigilance Market by Product
7.2.2 Canada Veterinary Pharmacovigilance Market by Animal Type
7.2.3 Canada Veterinary Pharmacovigilance Market by Solution
7.2.4 Canada Veterinary Pharmacovigilance Market by Type
7.3 Mexico Veterinary Pharmacovigilance Market
7.3.1 Mexico Veterinary Pharmacovigilance Market by Product
7.3.2 Mexico Veterinary Pharmacovigilance Market by Animal Type
7.3.3 Mexico Veterinary Pharmacovigilance Market by Solution
7.3.4 Mexico Veterinary Pharmacovigilance Market by Type
7.4 Rest of North America Veterinary Pharmacovigilance Market
7.4.1 Rest of North America Veterinary Pharmacovigilance Market by Product
7.4.2 Rest of North America Veterinary Pharmacovigilance Market by Animal Type
7.4.3 Rest of North America Veterinary Pharmacovigilance Market by Solution
7.4.4 Rest of North America Veterinary Pharmacovigilance Market by Type
Chapter 8. Company Profiles
8.1 Accenture PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 ArisGlobal LLC
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 Ennov SAS
8.3.1 Company Overview
8.4 Sarjen Systems Pvt. Ltd.
8.4.1 Company Overview
8.5 PharSafer Associates Ltd.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.6 Knoell Germany GmbH
8.6.1 Company Overview
8.7 biologit
8.7.1 Company Overview
8.8 Indivirtus Group (Indivirtus Healthcare Services)
8.8.1 Company Overview
8.9 Oy Medfiles Ltd.
8.9.1 Company Overview
8.10. Azierta Life Sciences & Health Consulting Firm S.L
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 2 North America Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 3 North America Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 5 North America Anti-infectives Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Anti-infectives Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Biologics Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Biologics Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 12 North America Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 13 North America Dogs Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Dogs Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Cats Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Cats Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 20 North America Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 21 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Software Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 26 North America Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 27 North America In-house Market by Country, 2019 - 2022, USD Million
TABLE 28 North America In-house Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Contract Outsourcing Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Contract Outsourcing Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Veterinary Pharmacovigilance Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Veterinary Pharmacovigilance Market by Country, 2023 - 2029, USD Million
TABLE 33 US Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 34 US Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 35 US Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 36 US Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 37 US Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 38 US Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 39 US Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 40 US Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 41 US Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 42 US Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 43 Canada Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 44 Canada Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 45 Canada Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 46 Canada Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 47 Canada Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 48 Canada Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 49 Canada Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 50 Canada Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 51 Canada Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 52 Canada Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 53 Mexico Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 54 Mexico Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 55 Mexico Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 56 Mexico Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 57 Mexico Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 58 Mexico Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 59 Mexico Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 60 Mexico Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 61 Mexico Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 62 Mexico Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 63 Rest of North America Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 64 Rest of North America Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 65 Rest of North America Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 66 Rest of North America Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 67 Rest of North America Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 68 Rest of North America Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 69 Rest of North America Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 70 Rest of North America Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 71 Rest of North America Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 72 Rest of North America Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 73 Key information – Accenture PLC
TABLE 74 Key Information – ArisGlobal LLC
TABLE 75 Key Information – Ennov SAS
TABLE 76 Key Information – Sarjen Systems Pvt. Ltd.
TABLE 77 Key Information – PharSafer Associates Ltd.
TABLE 78 Key Information – Knoell Germany GmbH
TABLE 79 Key Information – biologit
TABLE 80 Key Information – Indivirtus Group
TABLE 81 Key Information – Oy Medfiles Ltd.
TABLE 82 Key Information – Azierta Life Sciences & Health Consulting Firm S.L
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Accenture plC