Report Description

Regulatory Affairs Outsourcing Market is anticipated to witness impressive growth during the forecast period. This can be ascribed to growing research and development activities along with augmenting the volume of clinical trial applications and product registrations. Similarly, growing regulations taken by various governments to contain the cost of drugs are expected to contribute to the economic and competitive pressure, which, in turn, is expected to drive the demand for regulatory affairs outsourcing among life science companies. In 2020, Eli Lilly entered into an agreement to acquire Dermira’s immunology portfolio. In addition, the COVID-19 pandemic created an urgent need for vaccines. Thus, the development of vaccines for COVID-19 is likely to have a positive impact on segment growth.

Increasing globalization had a significant impact on the growth of the Global Regulatory Affairs Outsourcing market. As companies expand their operations globally, they are faced with the challenge of complying with different regulatory frameworks in various regions. This challenge has driven the demand for regulatory affairs outsourcing services, as companies look for specialized service providers who can help them navigate the complexities of different regulatory frameworks.

One of the key benefits of outsourcing regulatory affairs services is the expertise that service providers can bring to the table. Service providers who specialize in regulatory affairs have extensive knowledge of the regulatory landscape in different regions, including the applicable laws, regulations, and guidelines. This expertise is critical in ensuring that companies comply with the applicable regulations and avoid costly mistakes. Outsourcing regulatory affairs services allows companies to focus on their core competencies, such as product development and marketing, while leaving the compliance-related activities to be specialized service providers. This can help companies improve their operational efficiency, reduce costs, and improve their bottom line. Furthermore, advancements in technology, such as cloud-based regulatory information management systems, have made it easier for companies to outsource regulatory affairs services across different regions. These systems allow service providers to access and manage regulatory information securely, regardless of location. This has made it easier for companies to work with service providers who are located in different parts of the world.

Rising regulatory complexities

Regulatory complexities plays a significant role in the growth of the Global Regulatory Affairs Outsourcing Market. Regulatory authorities around the world are increasing their scrutiny of various industries, including healthcare, pharmaceuticals, and medical devices. Compliance with these regulations can be time-consuming and complex, requiring significant resources and expertise. Outsourcing regulatory affairs services can help companies stay on the top of  regulatory changes and ensure compliance with applicable regulations. Regulatory affairs service providers have extensive knowledge of the regulatory landscape in different regions, including the applicable laws, regulations, and guidelines. They can provide expert advice on compliance-related activities, such as product registration, clinical trial applications, and quality assurance, and others. Furthermore, regulatory affairs service providers can help companies navigate the complex regulatory requirements of different regions. This includes providing guidance on product labeling and packaging requirements, as well as ensuring compliance with Good Manufacturing Practices (GMPs) and Good Clinical Practices (GCPs). Outsourcing regulatory affairs services can help companies reduce the risk of costly mistakes that can arise from non-compliance with regulatory requirements. These mistakes can lead to delays in product approvals, product recalls, and other negative consequences that can significantly impact a company's bottom line.

Growing demand for specialized expertise

Specialized expertise has been a key factor in the growth of the Global Regulatory Affairs Outsourcing Market. Regulatory affairs are complex and specialized field that requires in-depth knowledge of various regulatory frameworks, including laws, regulations, and guidelines. As regulatory requirements become increasingly complex and stringent, companies are facing a growing need for specialized expertise to ensure compliance and avoid costly mistakes. Outsourcing regulatory affairs services allows companies to tap into the specialized expertise of regulatory affairs service providers. These providers have extensive knowledge of the regulatory landscape in different regions, as well as the applicable laws, regulations, and guidelines. They can provide expert advice on compliance-related activities, such as product registration, clinical trial applications, and quality assurance, among others.

Furthermore, regulatory affairs service providers can provide specialized expertise in specific areas, such as medical devices, biologics, and pharmaceuticals. This expertise can be particularly valuable for companies that lack in-house regulatory affairs expertise in these areas. By outsourcing regulatory affairs services to specialized service providers, companies can ensure that they have access to the expertise they need to comply with the applicable regulatory requirements. Specialized expertise can help companies stay up to date with the latest regulatory developments and changes. Regulatory affairs service providers are constantly monitoring regulatory changes in different regions and can provide expert guidance on how these changes may impact on a company's products or operations.

Cost savings

Cost savings is a  significant factor in the growth of the Global Regulatory Affairs Outsourcing Market. Compliance with regulatory requirements can be time-consuming and costly, requiring significant resources and expertise. Companies that lack in-house regulatory affairs expertise may need to hire and train staff or use costly external consultants to ensure compliance. Outsourcing regulatory affairs services can provide significant cost savings for companies. Regulatory affairs service providers can offer specialized expertise and resources, often at a lower cost than hiring and training in-house staff or using external consultants. Outsourcing can provide a more flexible and scalable approach to regulatory affairs, allowing companies to scale their regulatory affairs resources up or down as needed, depending on business needs.

Outsourcing regulatory affairs services can help companies avoid costly mistakes that can arise from non-compliance with regulatory requirements. These mistakes can lead to delays in product approvals, product recalls, and other negative consequences that can significantly impact a company's bottom line. Outsourcing regulatory affairs services can help companies improve their operational efficiency. By outsourcing regulatory affairs services, companies can free up internal resources to focus on their core business activities, such as product development and marketing. This can help improve productivity and profitability, while still ensuring compliance with regulatory requirements.

Advancements in technology

Advancements in technology have played a significant role in the growth of the Global Regulatory Affairs Outsourcing Market. The increasing adoption of digital technologies has transformed many aspects of the regulatory affairs landscape, creating new opportunities for outsourcing service providers. One major factor that influences the growth of the market is in the automation of regulatory affairs processes. The use of advanced software systems and artificial intelligence (AI) tools can help streamline regulatory affairs workflows, reducing the time and effort required to perform compliance-related activities. For example, AI can be used to review large volumes of regulatory documents, helping to identify potential issues and improve the accuracy of regulatory submissions.

Technology has enabled greater collaboration and communication between regulatory affairs service providers and their clients. Cloud-based platforms and other collaboration tools make it easier for regulatory affairs professionals to work together, regardless of their location. This can help improve efficiency and reduce the time and cost associated with regulatory affairs processes. Another area where technology has an impact on the use of real-time data monitoring and analytics. Advanced data analytics tools can help regulatory affairs professionals identify emerging regulatory trends and potential compliance issues, allowing them to proactively address these issues before they become problems. Finally, technology has enabled greater transparency and accountability in the regulatory affairs process. Digital systems and tools make it easier to track compliance-related activities and provide audit trails, improving compliance, and reducing the risk of non-compliance.

Recent Development

  • In 2021, WIRB-Copernicus Group (WCG) launched a new service called WCG Oncology, which provides comprehensive regulatory and ethical review services for oncology clinical trials.
  • In 2020, Kinapse (a subsidiary of Syneos Health) launched a new service called Kinapse Quality Labs, which uses advanced data analytics and AI to help clients optimize their regulatory compliance processes.
  • In 2020, IQVIA launched a new suite of regulatory information management solutions, designed to help clients manage the regulatory submission process more efficiently.
  • In 2019, Qserve Group launched a new platform called QserveConnect, which provides clients with on-demand access to a range of regulatory affairs services, including regulatory strategy, clinical evaluation, and quality management.
  • In 2019, Accenture launched its Regulatory and Compliance Analytics Solution, a suite of digital tools and services designed to help companies manage regulatory compliance more effectively.
  • In 2018, Parexel launched its new Regulatory Outsourcing service, designed to help clients navigate complex regulatory environments and improve their time to market.




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Market Segmentation

Global Regulatory Affairs Outsourcing Market can be segmented by service, category, company size, indication, production stage, end use, and by region. Based on service, the market can be segmented into regulatory consulting, legal representation, regulatory writing & publishing, product registration & clinical trial applications, regulatory submissions, regulatory operations, and other services. Based on category, the market can be divided into pharmaceutical and medical device. Based on company size, the market can be segmented into small companies, medium companies, and large companies. Based on indication, the market can be differentiated into oncology, neurology, cardiology, immunology, and other indications. Based on product stage, the market can be segmented into preclinical, clinical, and premarket approval. Based on end use, the market can be differentiated into medical device companies, pharmaceutical companies, biotechnology companies.

Market Players

Accell Clinical Research, LLC., Genpact Ltd., CRITERIUM, INC. , Promedica International. , WuXi AppTec Co Ltd. , Medpace Inc., Charles River Laboratories Inc., ICON plc., Covance, Inc.., Parexel International Corporation., Freyr AS, PHARMALEX GMBH, NDA Group AB, Pharmexon Consulting, Qvigilance, and BlueReg Group are some of the leading players operating in the Global Regulatory Affairs Outsourcing Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Service

By Category

By Company Size

By Indication

By Product Stage

By End Use

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

Accell Clinical Research, LLC., Genpact Ltd., CRITERIUM, INC. , Promedica International. , WuXi AppTec Co Ltd. , Medpace Inc., Charles River Laboratories Inc., ICON plc., Covance, Inc.., Parexel International Corporation., Freyr AS, PHARMALEX GMBH, NDA Group AB, Pharmexon Consulting, Qvigilance, and BlueReg Group

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Global Regulatory Affairs Outsourcing market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Regulatory Affairs Outsourcing Market, By Service:

o      Regulatory Consulting

o      Legal Representation

o      Regulatory Writing & Publishing

o      Product registration & clinical trial applications

o      Regulatory Submissions

o      Regulatory Operations

o      Other services

  • Regulatory Affairs Outsourcing Market, By Category:

o      Pharmaceutical

o      Medical Device

  • Regulatory Affairs Outsourcing Market, By Company Size:

o      Small Companies

o      Medium Companies

o      Large Companies

  • Regulatory Affairs Outsourcing Market, By Indication:

o      Oncology

o      Neurology

o      Cardiology

o      Immunology

o      Other Indications

  • Regulatory Affairs Outsourcing Market, By Product Stage:

o      Preclinical, Clinical

o      Premarket Approval

  • Regulatory Affairs Outsourcing Market, By End Use:

o      Medical Device Companies

o      Pharmaceutical Companies

o      Biotechnology Companies

  • Regulatory Affairs Outsourcing Market, By Region:

o      North America

§  United States

§  Canada

§  Mexico

o      Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

o      Asia Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o      South America

§  Brazil

§  Argentina

§  Colombia

o      Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Regulatory Affairs Outsourcing Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Regulatory Affairs Outsourcing Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Regulatory Affairs Outsourcing Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

5.2.2.     By Category (Pharmaceutical, Medical Device)

5.2.3.     By Company Size (Small Companies, Medium Companies, Large Companies)

5.2.4.     By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

5.2.5.     By Product Stage (Preclinical, Clinical, Premarket Approval)

5.2.6.     By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

5.2.7.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.8.     By Company (2022)

5.3.  Market Map

5.3.1 By Service

5.3.2 By Category

5.3.3 By Company Size

5.3.4 By Indication

5.3.5 By Product Stage

5.3.6 By End Use

6.    North America Regulatory Affairs Outsourcing Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

6.2.2.     By Category (Pharmaceutical, Medical Device)

6.2.3.     By Company Size (Small Companies, Medium Companies, Large Companies)

6.2.4.     By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

6.2.5.     By Product Stage (Preclinical, Clinical, Premarket Approval)

6.2.6.     By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

6.2.7.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Regulatory Affairs Outsourcing Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Service

6.3.1.2.2.             By Category

6.3.1.2.3.             By Company Size

6.3.1.2.4.             By Indication

6.3.1.2.5.             By Product Stage

6.3.1.2.6.             By End Use

6.3.2.     Canada Regulatory Affairs Outsourcing Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Service

6.3.2.2.2.             By Category

6.3.2.2.3.             By Company Size

6.3.2.2.4.             By Indication

6.3.2.2.5.             By Product Stage

6.3.2.2.6.             By End Use

6.3.3.     Mexico Regulatory Affairs Outsourcing Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Service

6.3.3.2.2.             By Category

6.3.3.2.3.             By Company Size

6.3.3.2.4.             By Indication

6.3.3.2.5.             By Product Stage

6.3.3.2.6.             By End Use

7.    Europe Regulatory Affairs Outsourcing Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

7.2.2.     By Category (Pharmaceutical, Medical Device)

7.2.3.     By Company Size (Small Companies, Medium Companies, Large Companies)

7.2.4.     By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

7.2.5.     By Product Stage (Preclinical, Clinical, Premarket Approval)

7.2.6.     By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

7.2.7.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Regulatory Affairs Outsourcing Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Service

7.3.1.2.2.             By Category

7.3.1.2.3.             By Company Size

7.3.1.2.4.             By Indication

7.3.1.2.5.             By Product Stage

7.3.1.2.6.             By End Use

7.3.2.     Germany Regulatory Affairs Outsourcing Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Service

7.3.2.2.2.             By Category

7.3.2.2.3.             By Company Size

7.3.2.2.4.             By Indication

7.3.2.2.5.             By Product Stage

7.3.2.2.6.             By End Use

7.3.3.     United Kingdom Regulatory Affairs Outsourcing Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Service

7.3.3.2.2.             By Category

7.3.3.2.3.             By Company Size

7.3.3.2.4.             By Indication

7.3.3.2.5.             By Product Stage

7.3.3.2.6.             By End Use

7.3.4.     Italy Regulatory Affairs Outsourcing Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Service

7.3.4.2.2.             By Category

7.3.4.2.3.             By Company Size

7.3.4.2.4.             By Indication

7.3.4.2.5.             By Product Stage

7.3.4.2.6.             By End Use

7.3.5.     Spain Regulatory Affairs Outsourcing Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Service

7.3.5.2.2.             By Category

7.3.5.2.3.             By Company Size

7.3.5.2.4.             By Indication

7.3.5.2.5.             By Product Stage

7.3.5.2.6.             By End Use

8.    Asia-Pacific Regulatory Affairs Outsourcing Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

8.2.2.     By Category (Pharmaceutical, Medical Device)

8.2.3.     By Company Size (Small Companies, Medium Companies, Large Companies)

8.2.4.     By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

8.2.5.     By Product Stage (Preclinical, Clinical, Premarket Approval)

8.2.6.     By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

8.2.7.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Regulatory Affairs Outsourcing Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Service

8.3.1.2.2.             By Category

8.3.1.2.3.             By Company Size

8.3.1.2.4.             By Indication

8.3.1.2.5.             By Product Stage

8.3.1.2.6.             By End Use

8.3.2.     India Regulatory Affairs Outsourcing Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Service

8.3.2.2.2.             By Category

8.3.2.2.3.             By Company Size

8.3.2.2.4.             By Indication

8.3.2.2.5.             By Product Stage

8.3.2.2.6.             By End Use

8.3.3.     Japan Regulatory Affairs Outsourcing Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Service

8.3.3.2.2.             By Category

8.3.3.2.3.             By Company Size

8.3.3.2.4.             By Indication

8.3.3.2.5.             By Product Stage

8.3.3.2.6.             By End Use

8.3.4.     South Korea Regulatory Affairs Outsourcing Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Service

8.3.4.2.2.             By Category

8.3.4.2.3.             By Company Size

8.3.4.2.4.             By Indication

8.3.4.2.5.             By Product Stage

8.3.4.2.6.             By End Use

8.3.5.     Australia Regulatory Affairs Outsourcing Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Service

8.3.5.2.2.             By Category

8.3.5.2.3.             By Company Size

8.3.5.2.4.             By Indication

8.3.5.2.5.             By Product Stage

8.3.5.2.6.             By End Use

9.    South America Regulatory Affairs Outsourcing Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

9.2.2.     By Category (Pharmaceutical, Medical Device)

9.2.3.     By Company Size (Small Companies, Medium Companies, Large Companies)

9.2.4.     By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

9.2.5.     By Product Stage (Preclinical, Clinical, Premarket Approval)

9.2.6.     By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

9.2.7.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Regulatory Affairs Outsourcing Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Service

9.3.1.2.2.             By Category

9.3.1.2.3.             By Company Size

9.3.1.2.4.             By Indication

9.3.1.2.5.             By Product Stage

9.3.1.2.6.             By End Use

9.3.2.     Argentina Regulatory Affairs Outsourcing Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Service

9.3.2.2.2.             By Category

9.3.2.2.3.             By Company Size

9.3.2.2.4.             By Indication

9.3.2.2.5.             By Product Stage

9.3.2.2.6.             By End Use

9.3.3.     Colombia Regulatory Affairs Outsourcing Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Service

9.3.3.2.2.             By Category

9.3.3.2.3.             By Company Size

9.3.3.2.4.             By Indication

9.3.3.2.5.             By Product Stage

9.3.3.2.6.             By End Use

10.  Middle East and Africa Regulatory Affairs Outsourcing Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Service (Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product registration & clinical trial applications, Regulatory Submissions, Regulatory Operations, Other services)

10.2.2.  By Category (Pharmaceutical, Medical Device)

10.2.3.  By Company Size (Small Companies, Medium Companies, Large Companies)

10.2.4.  By Indication (Oncology, Neurology, Cardiology, Immunology, Other Indications)

10.2.5.  By Product Stage (Preclinical, Clinical, Premarket Approval)

10.2.6.  By End Use (Medical Device Companies, Pharmaceutical Companies, Biotechnology Companies)

10.2.7.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Regulatory Affairs Outsourcing Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Service

10.3.1.2.2.           By Category

10.3.1.2.3.           By Company Size

10.3.1.2.4.           By Indication

10.3.1.2.5.           By Product Stage

10.3.1.2.6.           By End Use

10.3.2.  Saudi Arabia Regulatory Affairs Outsourcing Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Service

10.3.2.2.2.           By Category

10.3.2.2.3.           By Company Size

10.3.2.2.4.           By Indication

10.3.2.2.5.           By Product Stage

10.3.2.2.6.           By End Use

10.3.3.  UAE Regulatory Affairs Outsourcing Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Service

10.3.3.2.2.           By Category

10.3.3.2.3.           By Company Size

10.3.3.2.4.           By Indication

10.3.3.2.5.           By Product Stage

10.3.3.2.6.           By End Use

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Recent Development

12.2.              Mergers & Acquisitions

12.3.              Product Launches

13.  Global Regulatory Affairs Outsourcing Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.6.              SWOT Analysis

15.6.1  Accell Clinical Research, LLC.

15.6.2  Genpact Ltd.

15.6.3  CRITERIUM, INC.

15.6.4  Promedica International.

15.6.5  WuXi AppTec Co Ltd.

15.6.6  Medpace Inc.

15.6.7  Charles River Laboratories.

15.6.8  ICON plc.

15.6.9  Covance, Inc.

15.6.10              Parexel International Corporation.

15.6.11              Freyr AS

15.6.12              PHARMALEX GMBH

15.6.13              NDA Group AB

15.6.14              Pharmexon Consulting.

15.6.15              Qvigilance

15.6.16              BlueReg Group.

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

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The increase in out-of-pocket expenses, uneven economic growth, and measures taken by various governments to contain the cost of drugs are some of the major factors driving the growth of the Global Regulatory Affairs Outsourcing market.

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Accell Clinical Research, LLC., Genpact Ltd., CRITERIUM, INC. , Promedica International. , WuXi AppTec Co Ltd. , Medpace Inc., Charles River Laboratories Inc., ICON plc., Covance, Inc.., Parexel International Corporation., Freyr AS, PHARMALEX GMBH, NDA Group AB, Pharmexon Consulting, Qvigilance, and BlueReg Group are some of the leading players operating in the Global Regulatory Affairs Outsourcing Market.

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Legal representation segment is expected to dominate the Global Regulatory Affairs Outsourcing market during the forecast period due to increases in the demand for local experts for legal representation for obtaining regulatory approvals and custom clearance.

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North American region is expected to hold the largest share in the Global Regulatory Affairs Outsourcing Market due to the presence of key pharmaceutical and medical device companies and the rise in R&D spending in the region.

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Sakshi Bajaal

Business Consultant
Press Release

Regulatory Affairs Outsourcing Market to be dominated by Legal Representation through 2028

Jun, 2023

The increasing demand to obtain approval for new products is expected to drive the growth of Global in Regulatory Affairs Outsourcing during the forecast period, 2024-2028.