Market revenue in 2023 | USD 58.1 million |
Market revenue in 2030 | USD 113.9 million |
Growth rate | 10.1% (CAGR from 2023 to 2030) |
Largest segment | Product registration & clinical trial applications |
Fastest growing segment | Legal representation |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Regulatory consulting, Legal representation, Regulatory writing & publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services |
Key market players worldwide | Genpact Ltd, Criterium Inc., Promedica International, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Charles River Laboratories International Inc, Icon PLC, Labcorp Drug Development, FREYR Battery Inc, Cencora Inc, Pharmexon, QVigilance, BlueReg Group, ZEINCRO 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 outsourcing market will help companies and investors design strategic landscapes.
Product registration & clinical trial applications was the largest segment with a revenue share of 25.99% in 2023. Horizon Databook has segmented the Malaysia regulatory affairs outsourcing market based on regulatory consulting, legal representation, regulatory writing & publishing, product registration & clinical trial applications, regulatory submissions, regulatory operations, other services 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 outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia regulatory affairs outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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