Dissolution of oral solid dosage forms refers to the process by which active pharmaceutical ingredient(s) are released from the dosage form into a liquid vehicle, called the dissolution medium. Dissolution is an essential test for the development and quality control of almost all dosage forms. The availability of the drug to release from the dosage form into the dissolution medium can be often linked to the availability of the drug for absorption and eventually for therapeutic action. Therefore, it is crucial to investigate the choice of dissolution media, especially in the case of poorly soluble drugs (BCS class 2 and 4). This article reviews the various parameters of dissolution media that influence drug release for research and development of pharmaceutical formulations, including temperature, pH, ionic strength, surfactant, enzymes, dissolved gas, hydrodynamics, viscosity, and the type of dissolution apparatus. Understanding the impact of these parameters will help in making a straightforward, realistic, and objective decision regarding the most effective dissolution medium.