Market revenue in 2023 | USD 125.4 million |
Market revenue in 2030 | USD 225.2 million |
Growth rate | 8.7% (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 |
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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 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 Malaysia regulatory affairs market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
Malaysia is one of the fastest growing markets in Asia Pacific. The country’s exports of medical devices are significantly higher than the imports. The country possesses a strong manufacturing infrastructure for medical devices, which is one of the major reasons for the growth of medical device exports.
Singapore, Germany, and the U.S. are the largest suppliers of medical devices to Malaysia, with Singapore leading out of the three. The country imports only higher classification medical devices that are not manufactured within the country.
Major medical devices export destinations for the country includes the U.S., Belgium, Germany, and Japan. The aforementioned factors are anticipated to significantly boost market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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