Veterinary Pharmacovigilance Market Size Worth USD 3,257.51 Million by 2034 | CAGR: 13.6%

The global veterinary pharmacovigilance market size is expected to reach USD 3,257.51 million by 2034, according to a new study by Polaris Market Research. The report “Veterinary Pharmacovigilance Market Size, Share, Trends, Industry Analysis Report: By Solution (Software and Services), Type, Product, Animal Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Veterinary pharmacovigilance refers to the systematic process of monitoring, detecting, assessing, and preventing adverse effects and other safety concerns related to veterinary medicinal products. It ensures the safe and effective use of veterinary drugs by identifying potential risks, adverse drug reactions, and medication inefficacies. Regulatory authorities, pharmaceutical companies, and healthcare professionals collaborate to collect and analyze data, ensuring compliance with safety regulations and improving animal health outcomes.

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The veterinary pharmacovigilance market growth is attributed to the rising adoption of veterinary medicines, increased awareness of drug safety, and stringent regulatory requirements for adverse event reporting. The expanding global pet population and growing demand for livestock healthcare are driving the need for robust pharmacovigilance systems. Technological advancements, including artificial intelligence and cloud-based pharmacovigilance solutions, are transforming data collection and analysis, improving efficiency in monitoring drug safety. Additionally, collaborations between regulatory agencies and pharmaceutical companies are fostering better compliance and transparency in drug safety reporting. The increasing integration of digital tools and automation in pharmacovigilance processes presents veterinary pharmacovigilance market opportunities, particularly in emerging regions where veterinary healthcare infrastructure is evolving.

 Veterinary Pharmacovigilance Market Report Highlights

• By solution, the software segment dominated the veterinary pharmacovigilance market share in 2024. These specialized applications are designed to improve the monitoring and management of adverse drug reactions and safety data associated with veterinary pharmaceuticals
• By type, the in-house segment held a larger market share. These services involve pharmaceutical companies and animal health organizations managing their pharmacovigilance activities internally, from data collection to adverse event reporting and regulatory compliance.
• By region, North America holds the largest share of the veterinary pharmacovigilance market revenue, primarily due to its advanced veterinary healthcare infrastructure and stringent regulatory frameworks.
• Europe represents a significant segment in the global market, driven by stringent regulatory frameworks and a well-established veterinary healthcare system.
• The veterinary pharmacovigilance market comprises several active companies dedicated to ensuring the safety and efficacy of veterinary medicinal products. A few notable companies are Accenture, ArisGlobal, Azierta Contract Science Support Consulting, Biologit, Ennov, Indivirtus, Knoell, Oy Medfiles Ltd., Pharsafer Associates Limited, and Sarjen Systems Pvt. Ltd.

Polaris Market Research has segmented the veterinary pharmacovigilance market report on the basis of solution, type, product, animal type, and region:

By Solution Outlook (Revenue – USD Million, 2020–2034)

• Software
• Services

By Type Outlook (Revenue – USD Million, 2020–2034)

• In-house
• Contract Outsourcing

By Product Outlook (Revenue – USD Million, 2020–2034)

• Biologics
• Anti-Infective
• Other Product

By Animal Type Outlook (Revenue – USD Million, 2020–2034)

• Dogs
• Cats
• Other Animal Types

By Regional Outlook (Revenue – USD Million, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Veterinary Pharmacovigilance Market Report Scope