Industry Background:
The cosmetovigilance market is safety related clinical trial that helps cosmetic industry sectors. There is an increasing environment for the growth of the cosmetovigilance market in Latin America and the Middle East & Africa. This is a new market in the cosmetic industry and expected high potential because recent fashionable trends for the usage of particulate or highly-colored cosmetic ingredients can also generate negative consumer feedback.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Cliantha (India), PharSafer (United Kingdom), FMD K&L (United States), Freyr (United States), OC Vigilance (Spain), MSL Solutions Providers (England), Poseidon CRO (Tunisia), iSafety (India), ZEINCRO (Greece) and AxeRegel (France) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increasing Demand for Pre-Marketing Services Segment. Major Vendors, such as Cliantha (India), PharSafer (United Kingdom), FMD K&L (United States), Freyr (United States), OC Vigilance (Spain), MSL Solutions Providers (England), Poseidon CRO (Tunisia), iSafety (India), ZEINCRO (Greece) and AxeRegel (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
Cosmetovigilance Driven By Regulatory Agencies across Countries –, In The US, FDA Cosmetovigilance Monitors The Safety Of Cosmetic Products That Are Being Marketed And Acts On Products That Are Established To Be Harmful To Consumers. and In Japan, Article 7 Of The Ministerial Ordinance On Good Vigilance Practice (GVP) For Drugs, Quasi-Drugs, Cosmetics, And Medical Devices (GVP Ordinance) Stipulates The Obligation Of MAHs To Collect Safety Information And Its Scope.
Market Drivers
Market Trend
- Increasing Demand for Pre-Marketing Services Segment
Restraints
- Lack Of Awareness Regarding Cosmetovigilance in Emerging And Underdeveloped Countries Is Hampering the Market Growth
Opportunities
As Cosmetic Products Contains Several Chemical Compounds Which May Not Suit Every Individual, This Resulting Strong Opportunity for Cosmetovigilance Services
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cosmetovigilance Study Sheds Light on
The Cosmetovigilance Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cosmetovigilance industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cosmetovigilance industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.