Market revenue in 2023 | USD 170.2 million |
Market revenue in 2030 | USD 294.7 million |
Growth rate | 8.2% (CAGR from 2023 to 2030) |
Largest segment | Regulatory writing & publishing |
Fastest growing segment | Legal Representation |
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 36.49% in 2023. Horizon Databook has segmented the Canada 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.
Canada's Medical Device Regulatory Affairs market is highly competitive, with several key players operating in the country. Global Regulatory Partners, Freyr, and MedReg Consulting, Inc. are among the major players operating in the region.
These players compete on factors such as efficiency, reliability, transparency, and cost-effectiveness to attract & retain clients. The transformation and modernization of the healthcare sector to keep pace with the scientific innovations in Canada is expected to contribute to the market growth.
Government initiatives to prevent false attestations about regulatory procedures and efforts to overcome the shortage of medical devices due to COVID-19 are leading to the growth of the medical device regulatory affairs market. However, unsustainable regulations are expected to hamper the growth of the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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