North America Regulatory Information Management System Market Size & Outlook
North America regulatory information management system market, 2018-2030 (US$M)
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North America regulatory information management system market highlights
- The North America regulatory information management system market generated a revenue of USD 687.7 million in 2023.
- The market is expected to grow at a CAGR of 10.2% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 687.7 million |
| Market revenue in 2030 | USD 1,358.9 million |
| Growth rate | 10.2% (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, North America region accounted for 37.7% 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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North America 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 38.37% in 2023. Horizon Databook has segmented the North America 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.
In 2023, North America dominates the global Regulatory Information Management System (RIMS) market, driven by the U.S. and Canada. The region holds the largest market share due to the presence of multiple RIMS providers offering comprehensive regulatory solutions.
Government initiatives in North America aim to implement RIMS by fostering collaboration with various stakeholders. According to MTaPS's December 2022 update, the Promoting Quality of Medicines Plus (PQM+) and USAID MTaPS planned to collaborate with stakeholders to establish interoperable and integrated RIMS 2 years ago.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America regulatory information management system market , including forecasts for subscribers. This continent databook contains high-level insights into North America regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America regulatory information management system market size, by country, 2018-2030 (US$M)
North America Regulatory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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