Argentina Regulatory Affairs Market Size & Outlook
Argentina regulatory affairs market, 2018-2030 (US$M)
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Argentina regulatory affairs market highlights
- The Argentina regulatory affairs market generated a revenue of USD 87.4 million in 2023 and is expected to reach USD 151.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, outsourcing was the largest revenue generating type in 2023.
- Outsourcing is the most lucrative type segment registering the fastest growth during the forecast period.
Regulatory affairs market data book summary
| Market revenue in 2023 | USD 87.4 million |
| Market revenue in 2030 | USD 151.3 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Outsourcing |
| Fastest growing segment | Outsourcing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-house, Outsourcing |
| Key market players worldwide | Genpact Ltd, Criterium Inc., Icon PLC, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Charles River Laboratories International Inc, Labcorp Holdings Inc, FREYR Battery Inc, Pharmexon, Cambridge Design Partnership, Voisin Consulting Life Sciences, Accell, PAREXEL, Promedica International, PharmaLex, NDA Regulatory Service GmbH, QVigilance, BlueReg Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global regulatory affairs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
- Chile is the fastest growing regional market in Latin America and is projected to reach USD 54.4 million by 2030.
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Regulatory Affairs Market Scope
Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 regulatory affairs market will help companies and investors design strategic landscapes.
Outsourcing was the largest segment with a revenue share of 58.12% in 2023. Horizon Databook has segmented the Argentina regulatory affairs market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
Import, manufacturing, and commercialization of medical devices in Argentina is regulated by the National Administration of Drugs and Food and Medical Technology. There have been significant regulatory changes in relation to medical device imports and manufacturing in 2013.
The country follows MERCOSUR Technical Regulation for Medical Devices for product registration. Furthermore, the recent regulatory changes have also increased the demand for outsourcing pertaining to quality assurance and regulatory affairs.
The current regulatory landscape in the country is similar to Mexico, with more focus on transparency and greater healthcare access to people. There has been a significant increase in foreign product approvals and this trend is expected to continue.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Argentina regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina regulatory affairs market size, by type, 2018-2030 (US$M)
Argentina Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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