Market revenue in 2023 | USD 328.7 million |
Market revenue in 2030 | USD 658.3 million |
Growth rate | 10.4% (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 52.78% in 2023. Horizon Databook has segmented the UK 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.
The medical device regulatory affairs market is exhibiting significant market growth. This is due to the continuous efforts of the government to encourage development of healthcare and infrastructure.
For instance, in March 2022, the UK government announced an investment of USD 316 million to support healthcare research and the development of medical devices. In addition, the government's efforts to improve user safety in healthcare increase the demand for medical device regulatory affairs, boosting regional market growth.
For instance, in August 2022, the UK Medicines and Healthcare Products Regulatory Agency (MHRA) regulatory agency announced new strategies to ensure patient safety for users of X-ray machines, insulin pumps, and hearing aids. It assures more safety to users.
Horizon Databook provides a detailed overview of country-level data and insights on the UK medical device regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into UK medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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