Israel Regulatory Affairs Market Size & Outlook, 2023-2030

The regulatory affairs market in Israel is expected to reach a projected revenue of US$ 48.0 million by 2030. A compound annual growth rate of 6.4% is expected of Israel regulatory affairs market from 2024 to 2030.
Revenue, 2023 (US$M)
$31.1
Forecast, 2030 (US$M)
$48.0
CAGR, 2024 - 2030
6.4%
Report Coverage
Israel

Israel regulatory affairs market, 2018-2030 (US$M)

Israel

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Israel regulatory affairs market highlights

  • The Israel regulatory affairs market generated a revenue of USD 31.1 million in 2023 and is expected to reach USD 48.0 million by 2030.
  • The Israel market is expected to grow at a CAGR of 6.4% 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 2023USD 31.1 million
Market revenue in 2030USD 48.0 million
Growth rate6.4% (CAGR from 2023 to 2030)
Largest segmentOutsourcing
Fastest growing segmentOutsourcing
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIn-house, Outsourcing
Key market players worldwideGenpact 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, Israel accounted for 0.2% 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 Middle East & Africa, Saudi Arabia regulatory affairs market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 243.0 million by 2030.

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Regulatory Affairs Market Companies

Name Profile # Employees HQ Website

Israel 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 58.2% in 2023. Horizon Databook has segmented the Israel regulatory affairs market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.


Registration Department of the Israeli Ministry of Health mainly regulates the pharmaceutical products while AMAR (the Medical Device Division of the Israeli Ministry of Health) regulates the medical devices manufactured and marketed in the country.

The changes in the regulatory framework related to pharmaceutical and medical devices results in stringency of laws in the country, which is anticipated to increase the need for outsourcing of regulatory affairs.

For instance, any company that markets pharmaceutical products or equipment to the Israeli healthcare system (such as hospitals & health patient funds) is required to comply to the new regulations pertaining to the sales & marketing interactions between the company and healthcare setting in Israel.

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Horizon Databook provides a detailed overview of country-level data and insights on the Israel regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Israel regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Israel regulatory affairs market size, by type, 2018-2030 (US$M)

Israel Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)

Israel regulatory affairs market size, by type, 2018-2030 (US$M)

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