Have you ever wondered what happens to medications after they hit the pharmacy shelves?  Sure, doctors prescribe them, but who keeps an eye out for any unforeseen issues? You must have also wondered what is pharmacovigilance and why is it important? So now, enter the world of pharmacovigilance (PV) professionals – the silent guardians of drug safety!   The Daily Grind (But in a...

Overview of Market GrowthThe pharmacovigilance market is witnessing robust growth, with projections indicating a rise to $18.05 billion by 2031, at a CAGR of 10.7% from 2024 to 2031, according to Meticulous Research®. This growth trajectory is driven by several factors, including the rising prevalence of adverse drug reactions (ADRs), stringent regulatory mandates, increased...

The world of medicine is constantly evolving, with new drugs and treatments emerging all the time. But just like any new product, these medications need to be closely monitored to ensure their safety and effectiveness. This is where pharmacovigilance professionals come in, playing a vital role in safeguarding public health.   What is Pharmacovigilance? Imagine pharmacovigilance (PV) as the...

The Pharmacovigilance and Drug Safety Software Market in 2023 is US$ 183.40 million, and is expected to reach US$ 310.91 million by 2031 at a CAGR of 6.80%. FutureWise Research published a report that analyzes Pharmacovigilance and Drug Safety Software Market trends to predict the market's growth. The report begins with a description of the business environment and explains the commercial...

The latest report from Meticulous Research® estimates that the global pharmacovigilance market is set to grow significantly, reaching $18.05 billion by 2031, at a CAGR of 10.7% from 2024 to 2031. The market's growth is fueled by increasing concerns over drug toxicity, stringent regulatory requirements, rising investments in pharmaceutical R&D, and the growing demand for new drug...