Global Materiovigilance Market: Restraint
The major factors that hinder growth of the global materiovigilance market include increasing complexity of safety regulations and lack of skilled professionals in underdeveloped and emerging economies. For instance, according to data published by Organization for Economic Co-operation and Development (OECD) in 2016, around 50% of formal firms do not find the workforce with the skills they need in Latin America compared to 36% of firms in OECD countries.
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