South Africa Regulatory Information Management System Market Size & Outlook
South Africa regulatory information management system market, 2018-2030 (US$M)
Related Markets
South Africa regulatory information management system market highlights
- The South Africa regulatory information management system market generated a revenue of USD 21.9 million in 2023 and is expected to reach USD 47.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, others (biologics, cosmetics, foods, etc.) 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 21.9 million |
| Market revenue in 2030 | USD 47.9 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Others (biologics, cosmetics, foods, etc.) |
| 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, South Africa accounted for 1.2% 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 Middle East & Africa, South Africa regulatory information management system market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 47.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Regulatory Information Management System Market Scope
Regulatory Information Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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.
Others (biologics, cosmetics, foods, etc.) was the largest segment with a revenue share of 46.12% in 2023. Horizon Databook has segmented the South Africa 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 market for regulatory information management is less profitable in South Africa. Unlike the U.S. and other developed markets, South Africa still requires a strong foothold in the RIMS market.
Players/manufacturers in the pharmaceutical market providing products in the U.S. tend to have their RIM in place. Pharmaceutical companies such as GSK and Novartis have separated RIM teams to be profitable through all stages.
Despite the pharmaceutical, medical device, and related healthcare industries primarily concentrating on developed markets, companies increasingly adopt RIM solutions in these regions. Even with relatively few local RIM providers in the market, the entire industry is expected to expand due to the entry of MNCs.
Reasons to subscribe to South Africa regulatory information management system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa regulatory information management system market databook
-
Our clientele includes a mix of regulatory information management system market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the South Africa regulatory information management system market , including forecasts for subscribers. This country databook contains high-level insights into South Africa regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa regulatory information management system market size, by end use, 2018-2030 (US$M)
South Africa Regulatory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
