Asia Pacific Regulatory Information Management System Market Size & Outlook
Asia Pacific regulatory information management system market, 2018-2030 (US$M)
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Asia Pacific regulatory information management system market highlights
- The Asia Pacific regulatory information management system market generated a revenue of USD 464.5 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, pharmaceutical sector was the largest revenue generating end use in 2023.
- Medical Device Sector is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 464.5 million |
| Market revenue in 2030 | USD 961.2 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical sector |
| Fastest growing segment | Medical Device Sector |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical Sector, Medical Device Sector, Others (Biologics, Cosmetics, Foods, etc.) |
| Key market players worldwide | Veeva Systems Inc Class A, Rockwell Automation Inc, ArisGlobal, PharmaLex, PAREXEL, Regulatory Information and Management System, Korber AG, AmpleLogic, Ennov, MasterControl, Rimsys, Ithos Global, Lorenz Life Sciences Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.4% of the global regulatory information management system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 100.9 million by 2030.
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Regulatory Information Management System Market Scope
Regulatory Information Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific regulatory information management system 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 information management system market will help companies and investors design strategic landscapes.
Pharmaceutical sector was the largest segment with a revenue share of 40.5% in 2023. Horizon Databook has segmented the Asia Pacific regulatory information management system market based on pharmaceutical sector, medical device sector, others (biologics, cosmetics, foods, etc.) covering the revenue growth of each sub-segment from 2018 to 2030.
With China, India, and Japan experiencing rapid development, the Asia Pacific region is anticipated to experience the fastest growth during the forecast period.
Factors contributing to this growth include the increasing number of pharmaceutical-based products & medical devices and a growing concern for regulatory compliance. There is a notable increase in the demand for RIMS to handle regulatory concerns and data maintenance requirements.
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Target buyers of Asia Pacific regulatory information management system market databook
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Our clientele includes a mix of regulatory information management system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific regulatory information management system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific regulatory information management system market size, by country, 2018-2030 (US$M)
Asia Pacific Regulatory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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