India Medical Device Regulatory Affairs Market Size & Outlook
India medical device regulatory affairs market, 2018-2030 (US$M)
Related Markets
India medical device regulatory affairs market highlights
- The India medical device regulatory affairs market generated a revenue of USD 593.2 million in 2023 and is expected to reach USD 1,271.4 million by 2030.
- The India market is expected to grow at a CAGR of 11.5% 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 593.2 million |
| Market revenue in 2030 | USD 1,271.4 million |
| Growth rate | 11.5% (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, India accounted for 9.0% 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 Asia Pacific, China medical device regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,271.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Device Regulatory Affairs Market Scope
Medical Device Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 53.39% in 2023. Horizon Databook has segmented the India 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.
India is gradually adopting new technology in medical devices. Certain developments have been made in precision surgical tools for wound closure, obstetrics, orthopedics, neurosurgery, and plastic & reconstructive surgery.
The COVID-19 pandemic has further propelled advancements, increasing the demand for automated analysis, precision testing, and shorter turnarounds. The rise in the adoption of new technologies for medical devices in the country is expected to improve the demand among regulatory affairs players in the country for developing new devices.
This is creating competition among market players in the country. Some major companies operating in the country are IQVIA, Inc., Freyr, Intertek Group plc., and Laboratory Corporation of America Holdings. These companies are undertaking various strategic initiatives to strengthen their market presence in the country.
Reasons to subscribe to India medical device regulatory affairs market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India medical device regulatory affairs market databook
-
Our clientele includes a mix of medical device regulatory affairs market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 India medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into India medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India medical device regulatory affairs market size, by services, 2018-2030 (US$M)
India Medical Device Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
