France Regulatory Affairs Market Size & Outlook, 2023-2030
France regulatory affairs market, 2018-2030 (US$M)
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France regulatory affairs market highlights
- The France regulatory affairs market generated a revenue of USD 530.0 million in 2023 and is expected to reach USD 854.2 million by 2030.
- The France market is expected to grow at a CAGR of 7.1% 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 530.0 million |
| Market revenue in 2030 | USD 854.2 million |
| Growth rate | 7.1% (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, France accounted for 3.5% 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 Europe, UK regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,066.6 million by 2030.
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Regulatory Affairs Market Scope
Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 58.13% in 2023. Horizon Databook has segmented the France regulatory affairs market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
France is among the top eight pharmaceutical markets worldwide in terms of market size. Pharmaceutical companies have been rapidly growing in France over the last few decades. For instance, in 2018, approximately 400 drug candidates were in clinical development phase, with R&D investments of around 10.2 million.
Such investments by these companies simultaneously boost the demand for regulatory services. France is a highly regulated market and the rate of generic penetration is low, which indirectly emphasizes the need for innovative drugs, thereby facilitating clinical trials and R&D projects in the country, which is leading to market growth.
Furthermore, supportive government initiatives— such as Choose France event that showcases the country’s economic appeal & encourages foreign investments in the country—are anticipated to boost the manufacturing and commercialization activities in the country, which in turn is expected to boost market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the France regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into France regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France regulatory affairs market size, by type, 2018-2030 (US$M)
France Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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