Market revenue in 2023 | USD 463.5 million |
Market revenue in 2030 | USD 876.5 million |
Growth rate | 9.5% (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 39.18% in 2023. Horizon Databook has segmented the U.S. 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 the U.S., life sciences companies like Novartis & GSK face challenges in navigating the dynamic regulatory landscape, managing complex enterprise ecosystems, and complying with multiple countryspecific regulations.
To address these challenges, they turn to RIMS for effective integration, evaluation, and management of worldwide regulatory data, submission planning, and activity status.
RIMS, when coupled with advanced analytics, machine learning, augmented reality, and robotic process automation, establishes a robust digital regulatory sequence, providing connectivity, traceability, automation, and predictive insights.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. regulatory information management system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. regulatory information management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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