Market revenue in 2023 | USD 549.7 million |
Market revenue in 2030 | USD 1,132.4 million |
Growth rate | 10.9% (CAGR from 2023 to 2030) |
Largest segment | Pharmaceutical sector |
Fastest growing segment | Pharmaceutical 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 |
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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 information management system market will help companies and investors design strategic landscapes.
Pharmaceutical sector was the largest segment with a revenue share of 42.19% in 2023. Horizon Databook has segmented the Europe 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 increasing adoption of advanced technologies and automation in regulatory frameworks is expected to drive demand for RIMS in the region. Companies such as Rimsys, Calyx, and Kalypso offer solutions to streamline regulatory processes.
For example, Rimsys, a global provider of RIM systems, implemented its regulatory management software to automate the European Union In Vitro Diagnostics Regulation (EU IVDR) General Safety and Performance Requirements (GSPRs) for a global player in the IVD market.
The software solution enhances efficiency by automating manual processes & addressing information gaps. The data integrity and efficiency offered by these platforms are anticipated to drive the adoption of RIMS over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe regulatory information management system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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