China Regulatory Information Management System Market Size & Outlook
China regulatory information management system market, 2018-2030 (US$M)
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China regulatory information management system market highlights
- The China regulatory information management system market generated a revenue of USD 200.8 million in 2023 and is expected to reach USD 426.7 million by 2030.
- The China market is expected to grow at a CAGR of 11.4% 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.
Regulatory information management system market data book summary
| Market revenue in 2023 | USD 200.8 million |
| Market revenue in 2030 | USD 426.7 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical sector |
| Fastest growing segment | Medical Device 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, China accounted for 11.0% 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 Asia Pacific, China regulatory information management system market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 426.7 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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China 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 38.45% in 2023. Horizon Databook has segmented the China 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.
China's attractiveness is rising, fueled by increasing per capita income, improved healthcare access, an aging population, and regulatory changes. According to Freyr, September 2023 update, since 2017, China has been transitioning to electronic Common Technical Document (eCTD) submissions, with the National Medical Products Administration (NMPA) mandating eCTD format for new medication applications by the end of 2023.
The influx of U.S.-based companies, like ClinChoice, expanding operations in China signifies increased consumer interest and a growing demand for regulatory information management. The evolving regulatory landscape in the pharmaceutical and healthcare industries is expected to drive the growth of the RIMS market in China.
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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 China regulatory information management system market , including forecasts for subscribers. This country databook contains high-level insights into China regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China regulatory information management system market size, by end use, 2018-2030 (US$M)
China Regulatory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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