Market revenue in 2023 | USD 117.9 million |
Market revenue in 2030 | USD 249.1 million |
Growth rate | 11.3% (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 |
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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 42.83% in 2023. Horizon Databook has segmented the UK 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.
A survey by Objective AU revealed low public awareness of how UK regulatory companies use regulatory technology, highlighting the need to build a strong network across regulatory domains for increased adoption of advanced technologies.
Key pharmaceutical & medical device companies in the UK have started adopting RIM systems to align with complex regulatory operations. For instance, in April 2022, Mundipharma International, a UK-based company, implemented Veeva Systems RIM solutions across its 120 local affiliates and two major product portfolios.
The system facilitates informed decision-making and offers efficiency in the regulatory process. In addition, new regulatory frameworks in the UK, such as the Innovative Devices Access Pathway Pilot, are anticipated to fuel the demand for RIM systems over the study period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK regulatory information management system market , including forecasts for subscribers. This country databook contains high-level insights into UK regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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