Healthcare Regulatory Affairs Outsourcing Market 2022 Size, Growth Analysis Report, Forecast to 2022-2028
Consistent evaluation of cost-saving options such as regulatory affairs outsourcing is carried out by several drug/device manufacturers in order to streamline their operations and ensure product safety and maintain public healthcare.
The global health care regulatory affairs outsourcing market
includes services like regulatory writing and publishing, clinical trial
applications, etc. A new research report by Future Market Insights provides an
in-depth analysis of the global regulatory affairs outsourcing market. This
comprehensive research report is titled ‘Healthcare Regulatory Affairs
Outsourcing Market: Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2022 – 2028’.
Request for the Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-6355
It includes all the crucial numbers of the
market along with the dynamics impacting it. According to this research report
the global healthcare regulatory affairs outsourcing market is expected to
reach a market revenue of US$ 2.54 Bn by the end of 2028, growing at a stellar
CAGR of ~13.5% over the forecast period. The growth of the market is triggered
largely by the increasing investments in the healthcare industry along with the
increase in research and developments taking place. Also increasing focus on
CMOs and CROs has been observed in the market. The reports also depicts that
Asia Pacific is expected to lead the global healthcare regulatory affairs outsourcing market during
2022-2028. Low cost, fast turnaround time and easy availability of the skilled
and trained professionals will further result in increased outsourcing in APAC
countries.
Global Healthcare Regulatory Affairs Outsourcing
Market: Segmental Analysis
- Based
on End Users, mid-size pharmaceutical companies leads the
market with a high market size expected during the forecast period,
growing at a CAGR of 13.8% during the forecast period. However
Biotechnology companies are also progressing at a high rate and is
expected to give a strong competition to mid-size pharma companies in
terms of growth rate expected during the forecast period.
- On
the basis of Services, regulatory writing and publishing
service segment is expected to dominate the market with a market share of
over US$ 800 Mn by the end of 2025. However the segment is much behind the
other services in terms of growth rate. Regulatory consulting and legal
representation is the service which is expected to register fastest growth
at a CAGR of 14.3% during the forecast period.
- In
terms of Region, Asia Pacific is expected to be the largest
region with a high market valuation. However, North America is also
expected to give tough competition to APAC. Both these regions are
expected to reflect a valuation higher than US$ 720 Mn by 2025 end.
However North America lags behind in the race with comparatively less CAGR
expected during the forecast period. Whereas, Asia Pacific is expected to
register the fastest growth rate of 13.2% CAGR during the forecast period.
Global Healthcare Regulatory Affairs Outsourcing
Market: Competitive Landscape
The research report consists of a brief profile of all the
major players leading in the industry. It also includes a SWOT analysis of
these companies. The leading players mentioned in the report includes companies
like Clinilabs, Inc., Accell Clinical Research, LLC., Freyr Solutions,
The Weinberg Group Inc., Covance, Inc., (LabCorp), Pharmaceutical Product
Development LLC, ICON plc., Sciformix Corporation etc.
About the Healthcare Division at Future Market Insights
Future Market Insights facilitates corporates, government,
investors, and associated audiences in the healthcare sector
to identify and accentuate vital aspects applicable to product strategy,
regulatory landscape, technology evolution, and other crucial issues to achieve
sustainable success. Our unique approach to gathering market intelligence
equips you in devising innovation-driven trajectories for your business. Know
more about our sector coverage here
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and
consulting services, serving clients in over 150 countries. FMI is
headquartered in Dubai, and has delivery centers in the UK, U.S. and India.
FMI’s latest market research reports and industry analysis help
businesses navigate challenges and make critical decisions with confidence and
clarity amidst breakneck competition. Our customized and syndicated market
research reports deliver actionable insights that drive sustainable
growth. A team of expert-led analysts at FMI continuously tracks emerging
trends and events in a broad range of industries to ensure that our clients
prepare for the evolving needs of their consumers.
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Comments
Post a Comment