Middle East & Africa Medical Device Regulatory Affairs Market Size & Outlook
Middle East & Africa medical device regulatory affairs market, 2018-2030 (US$M)
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MEA medical device regulatory affairs market highlights
- The MEA medical device regulatory affairs market generated a revenue of USD 282.8 million in 2023.
- The market is expected to grow at a CAGR of 8.4% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 282.8 million |
| Market revenue in 2030 | USD 495.9 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Regulatory writing & publishing |
| Fastest growing segment | Regulatory Consulting |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 4.3% of the global medical device regulatory affairs market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,191.6 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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Middle East & Africa 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 53.04% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Middle Eastern countries such as Saudi Arabia, the United Arab Emirates (UAE), Kuwait, and Oman are prospering economies. The medical devices regulatory affairs market in the MEA region is likely to grow at a steady rate in the coming years.
The increasing number of national health insurance programs is a consequence of potential benefits such as the affordability of healthcare for patients, which is likely to boost the demand for private medical and consulting services. This is anticipated to positively impact the growth of this market.
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Target buyers of Middle East & Africa medical device regulatory affairs market databook
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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 continent-level data and insights on the Middle East & Africa medical device regulatory affairs market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical device regulatory affairs market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Device Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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