Market revenue in 2023 | USD 119.7 million |
Market revenue in 2030 | USD 227.4 million |
Growth rate | 9.6% (CAGR from 2023 to 2030) |
Largest segment | Regulatory writing & publishing |
Fastest growing segment | Regulatory Consulting |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product Registration & Clinical Trial Applications, Other Services |
Key market players worldwide | Labcorp Holdings Inc, Icon PLC, IQVIA Holdings Inc, Intertek Group PLC, SGS AG, Promedica International, Integer Holdings Corp, Medpace Holdings Inc, Emergo Group, Freyr Solutions |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device regulatory affairs market will help companies and investors design strategic landscapes.
Regulatory writing & publishing was the largest segment with a revenue share of 53.8% in 2023. Horizon Databook has segmented the Australia medical device regulatory affairs market based on regulatory consulting, legal representation, regulatory writing & publishing, product registration & clinical trial applications, other services covering the revenue growth of each sub-segment from 2018 to 2030.
There is a high demand for a wide range of medical equipment in Australia. The market is very competitive and mature. The country's population expects superior-quality medical treatments, and there is a constant need for state-of-the-art medical products.
The demand for medical products and other healthcare services is projected to increase, owing to continuous technological developments, rapidly aging population, increasing burden of chronic diseases, and growing individual income.
Australia has one of the longest life expectancies across the globe & the demand for medical devices is expected to grow with an increase in the geriatric population. Opportunities exist for products that can provide a significant improvement in clinical outcomes.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Australia medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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