Market revenue in 2023 | USD 42.7 million |
Market revenue in 2030 | USD 68.9 million |
Growth rate | 7.1% (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 53.4% in 2023. Horizon Databook has segmented the Norway 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.
Norway has become an investment hub for medical device regulatory affairs companies. According to Business Monitor International, Norway is the fourth most attractive market in Western Europe for the commercialization of medical devices.
The medical device manufacturers are efficiently working to produce medical devices to satisfy the domestic needs of Norway. The increasing number of hospitals in the country and the rising need for hospital wheelchairs, sterilizers, and blood pressure monitors are boosting the market growth.
In addition, the International Trade Administration states that Norway’s healthcare system is one of the most well-developed healthcare systems in the world. The average life expectancy in the country is 84 years for women and 81 years for men. The country has one of the oldest geriatric populations in the world, which is 19.8%.
Horizon Databook provides a detailed overview of country-level data and insights on the Norway medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Norway medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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