Germany Medical Device Regulatory Affairs Market Size & Outlook
Germany medical device regulatory affairs market, 2018-2030 (US$M)
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Germany medical device regulatory affairs market highlights
- The Germany medical device regulatory affairs market generated a revenue of USD 396.5 million in 2023 and is expected to reach USD 769.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, regulatory writing & publishing was the largest revenue generating services in 2023.
- Regulatory Consulting is the most lucrative services segment registering the fastest growth during the forecast period.
Medical device regulatory affairs market data book summary
| Market revenue in 2023 | USD 396.5 million |
| Market revenue in 2030 | USD 769.9 million |
| Growth rate | 9.9% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 6.0% of the global medical device regulatory affairs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical device regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 658.3 million by 2030.
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Medical Device Regulatory Affairs Market Scope
Medical Device Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany medical device regulatory affairs market outlook
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 52.79% in 2023. Horizon Databook has segmented the Germany 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.
This can be attributed to the development of healthcare infrastructure. According to the article published by the International Trade Administration in August 2022, Germany has grown as the thirdlargest medical technology market after the U.S. and Japan.
In addition, the growth of the medical device market in Germany is boosting regional market growth. According to an article published by the International Trade Association, Germany’s medical device market accounts for USD 35.8 billion annually.
In addition, the collaboration of medical device manufacturers with academic and research institutions fosters the development of specialized medical devices, thereby propelling the regional market growth.
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Our clientele includes a mix of medical device regulatory affairs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany medical device regulatory affairs market size, by services, 2018-2030 (US$M)
Germany Medical Device Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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