Canada Regulatory Information Management System Market Size & Outlook
Canada regulatory information management system market, 2018-2030 (US$M)
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Canada regulatory information management system market highlights
- The Canada regulatory information management system market generated a revenue of USD 224.1 million in 2023 and is expected to reach USD 482.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, pharmaceutical sector was the largest revenue generating end use in 2023.
- Pharmaceutical Sector is the most lucrative end use segment registering the fastest growth during the forecast period.
Regulatory information management system market data book summary
| Market revenue in 2023 | USD 224.1 million |
| Market revenue in 2030 | USD 482.4 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical sector |
| Fastest growing segment | Pharmaceutical Sector |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 12.3% of the global regulatory information management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. regulatory information management system market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 482.4 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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Canada 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 36.77% in 2023. Horizon Databook has segmented the Canada 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.
The Canada market is growing due to increased regulatory concerns and rising demand for viable solutions, especially in highly regulated industries like MedTech and pharmaceuticals.
Obtaining and maintaining regulatory approval in such industries can be more challenging & time-consuming than product development, given the diverse regulatory landscape across the country. In response to this challenge, software companies have developed RIMS, consolidating regulatory data into a unified platform.
These tools assist companies in creating submission dossiers for various markets, gathering regulatory knowledge, and centrally storing relevant product data. Many RIMS include monitoring & alert tools for tracking submission status and receiving resubmission notifications.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada regulatory information management system market , including forecasts for subscribers. This country databook contains high-level insights into Canada regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada regulatory information management system market size, by end use, 2018-2030 (US$M)
Canada Regulatory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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