Asia Pacific Regulatory Affairs Market Size & Outlook
Asia Pacific regulatory affairs market, 2018-2030 (US$M)
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Asia Pacific regulatory affairs market highlights
- The Asia Pacific regulatory affairs market generated a revenue of USD 5,673.9 million in 2023.
- The market is expected to grow at a CAGR of 8.8% 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.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 5,673.9 million |
| Market revenue in 2030 | USD 10,234.5 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Outsourcing |
| Fastest growing segment | Outsourcing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 37.8% of the global 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 10,234.5 million by 2030.
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Regulatory Affairs Market Scope
Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 58.15% in 2023. Horizon Databook has segmented the Asia Pacific regulatory affairs market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to be the largest market for Regulatory affairs market during the forecast period owing to the improved regulatory landscape, cost savings, growing number of clinical trials conducted in the region, and increasing number of biopharmaceutical companies venturing in the region.
Furthermore, availability of skilled workforce within the region at a lower cost compared to the U.S. is another factor expected to propel growth. According to a report by Deloitte, Asia Pacific accounts for 60.0% of the world’s population.
This is anticipated to increase the number of market entrants, thereby raising the need for regulatory services. Rising demand for biosimilars and medical devices is also expected to contribute to the growth of biopharmaceutical and medical devices market within the region.
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Our clientele includes a mix of regulatory affairs market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific regulatory affairs market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific regulatory affairs market size, by country, 2018-2030 (US$M)
Asia Pacific Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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