PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090079
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1090079
Global Regulatory Affairs Outsourcing Market Size study, by Services, by Company Size, by Category, by Indication, by Stage (Preclinical, Clinical, PMA), by End-use, and Regional Forecasts 2022-2028
Global Regulatory Affairs Outsourcing Market is valued approximately USD 5.72 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.90 % over the forecast period 2022-2028. Regulatory affairs outsourcing is becoming more common in the healthcare industry. The adoption of regulatory outsourcing models is projected to be aided by an increase in geographical expansion activities by corporations seeking quick approvals in local markets. The regulatory affairs outsourcing market is quickly growing as a result of increased R&D activity, which is increasing the number of clinical trial applications and product registrations. Outsourcing of regulatory affairs duties is being driven by a significant increase in the fixed expenses of in-house resources for regulatory affairs and operations activities such as training, technology, specialist knowledge, and facilities. For example, ProPharma Group bought iSafety Systems, an Indian pharmacovigilance service provider, in August 2021 to boost its pharmacovigilance market position. Similarly, in July 2021, ICON plc purchased PRA Health Sciences, contract research organization that specializes in medication development and regulatory consultation. The goal of this acquisition was to expand ICON plc's service portfolio. The demand for these services is being driven by local legal challenges and frequent changes in the rules of major markets such as the United States, Europe, and Asia.. Amendments to current regulations are likely to make the regulatory process easier for the business, but they will also make it more difficult for healthcare product manufacturers to operate. As a result, regulatory affairs are being outsourced to service providers. This is due to an increase in the number of clinical trial registrations in recent years. ClinicalTrials.gov reports that about 401,716 studies were registered in January 2022, up from around 325,834 by the end of 2019. Furthermore, an increase in the number of biologics, a high demand for innovative technologies, and a need for individualized orphan pharmaceuticals and medicine are all expected to drive segment growth throughout the projection period. However, over the projection period of 2022-2028, rigorous government regulations governing various medical items would stifle market growth.
The key regions considered for the global Regulatory Affairs Outsourcing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The Asia Pacific area had the largest share. Over the forecast period, the area is also expected to have the quickest CAGR. This can be linked to an increase in clinical trials as well as a rise in the number of enterprises attempting to penetrate developing markets such as India and China. Another element projected to drive regional market expansion is the availability of a competent labour in the region at cheaper costs than in the United States.
Major market player included in this report are:
Accell Clinical Research, LLC
GenPact Ltd.
Criterium, Inc.
PRA Health Sciences
Promedica International
Dr. Regenold GmbH
BioMapas
Zeincro Group
Parexel International Corp.
Charles River Laboratories International, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Services
Regulatory Consulting
Legal Representation
Regulatory Writing & Publishing
Product Registration & Clinical Trial Applications
Other Services
By Company Size
Small
Medium
Large
By Category
Drugs
Generics
Innovators
Biologics
Biotech
ATMPs
Biosimilars
Medical devices
Therapeutic
Diagnostic
By Indication
Oncology
Neurology
Cardiology
Immunology
Others
By Stage
Preclinical
Clinical
PMA (Post Market Authorization)
By End-use
Medical Device Companies
Pharmaceutical Companies
Biotechnology Companies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Regulatory Affairs Outsourcing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Regulatory Affairs Outsourcing Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Regulatory Affairs Outsourcing Market, by Services, 2020-2028 (USD Billion)
- 1.2.3. Regulatory Affairs Outsourcing Market, by Company Size, 2020-2028 (USD Billion)
- 1.2.4. Regulatory Affairs Outsourcing Market, by Category, 2020-2028 (USD Billion)
- 1.2.5. Regulatory Affairs Outsourcing Market, by Indication, 2020-2028 (USD Billion)
- 1.2.6. Regulatory Affairs Outsourcing Market, by Stage, 2020-2028 (USD Billion)
- 1.2.7. Regulatory Affairs Outsourcing Market, by End-use, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Regulatory Affairs Outsourcing Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Regulatory Affairs Outsourcing Market Dynamics
- 3.1. Regulatory Affairs Outsourcing Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Significant increase in the fixed costs of in-house resources for regulatory affairs & operation activities
- 3.1.1.2. Augmenting the volume of clinical trial applications and product registration
- 3.1.2. Market Challenges
- 3.1.2.1. Strict government regulations regarding the various medical products
- 3.1.3. Market Opportunities
- 3.1.3.1. Increase in geographical expansion activities by companies
- 3.1.3.2. Increase in R&D activities
- 3.1.1. Market Drivers
Chapter 4. Global Regulatory Affairs Outsourcing Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Regulatory Affairs Outsourcing Market, by Services
- 6.1. Market Snapshot
- 6.2. Global Regulatory Affairs Outsourcing Market by Services, Performance - Potential Analysis
- 6.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by Services 2018-2028 (USD Billion)
- 6.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 6.4.1. Regulatory Consulting
- 6.4.2. Legal Representation
- 6.4.3. Regulatory Writing & Publishing
- 6.4.4. Product Registration & Clinical Trial Applications
- 6.4.5. Other Services
Chapter 7. Global Regulatory Affairs Outsourcing Market, by Company Size
- 7.1. Market Snapshot
- 7.2. Global Regulatory Affairs Outsourcing Market by Company Size, Performance - Potential Analysis
- 7.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by Company Size 2018-2028 (USD Billion)
- 7.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 7.4.1. Small
- 7.4.2. Medium
- 7.4.3. Large
Chapter 8. Global Regulatory Affairs Outsourcing Market, by Category
- 8.1. Market Snapshot
- 8.2. Global Regulatory Affairs Outsourcing Market by Category, Performance - Potential Analysis
- 8.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by Category 2018-2028 (USD Billion)
- 8.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 8.4.1. Drugs
- 8.4.2. Generics
- 8.4.3. Innovators
- 8.4.4. Biologics
- 8.4.5. Biotech
- 8.4.6. ATMPs
- 8.4.7. Biosimilars
- 8.4.8. Medical devices
- 8.4.9. Therapeutic
- 8.4.10. Diagnostic
Chapter 9. Global Regulatory Affairs Outsourcing Market, by Indication
- 9.1. Market Snapshot
- 9.2. Global Regulatory Affairs Outsourcing Market by Indication, Performance - Potential Analysis
- 9.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by Indication 2018-2028 (USD Billion)
- 9.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 9.4.1. Oncology
- 9.4.2. Neurology
- 9.4.3. Cardiology
- 9.4.4. Immunology
- 9.4.5. Others
Chapter 10. Global Regulatory Affairs Outsourcing Market, by Stage
- 10.1. Market Snapshot
- 10.2. Global Regulatory Affairs Outsourcing Market by Stage, Performance - Potential Analysis
- 10.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by Stage 2018-2028 (USD Billion)
- 10.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 10.4.1. Preclinical
- 10.4.2. Clinical
- 10.4.3. PMA (Post Market Authorization)
Chapter 11. Global Regulatory Affairs Outsourcing Market, by End-use
- 11.1. Market Snapshot
- 11.2. Global Regulatory Affairs Outsourcing Market by End-use, Performance - Potential Analysis
- 11.3. Global Regulatory Affairs Outsourcing Market Estimates & Forecasts by End-use 2018-2028 (USD Billion)
- 11.4. Regulatory Affairs Outsourcing Market, Sub Segment Analysis
- 11.4.1. Medical Device Companies
- 11.4.2. Pharmaceutical Companies
- 11.4.3. Biotechnology Companies
Chapter 12. Global Regulatory Affairs Outsourcing Market, Regional Analysis
- 12.1. Regulatory Affairs Outsourcing Market, Regional Market Snapshot
- 12.2. North America Regulatory Affairs Outsourcing Market
- 12.2.1. U.S. Regulatory Affairs Outsourcing Market
- 12.2.1.1. Services breakdown estimates & forecasts, 2018-2028
- 12.2.1.2. Company Size breakdown estimates & forecasts, 2018-2028
- 12.2.1.3. Category breakdown estimates & forecasts, 2018-2028
- 12.2.1.4. Indication breakdown estimates & forecasts, 2018-2028
- 12.2.1.5. Stage breakdown estimates & forecasts, 2018-2028
- 12.2.1.6. End-use breakdown estimates & forecasts, 2018-2028
- 12.2.2. Canada Regulatory Affairs Outsourcing Market
- 12.2.1. U.S. Regulatory Affairs Outsourcing Market
- 12.3. Europe Regulatory Affairs Outsourcing Market Snapshot
- 12.3.1. U.K. Regulatory Affairs Outsourcing Market
- 12.3.2. Germany Regulatory Affairs Outsourcing Market
- 12.3.3. France Regulatory Affairs Outsourcing Market
- 12.3.4. Spain Regulatory Affairs Outsourcing Market
- 12.3.5. Italy Regulatory Affairs Outsourcing Market
- 12.3.6. Rest of Europe Regulatory Affairs Outsourcing Market
- 12.4. Asia-Pacific Regulatory Affairs Outsourcing Market Snapshot
- 12.4.1. China Regulatory Affairs Outsourcing Market
- 12.4.2. India Regulatory Affairs Outsourcing Market
- 12.4.3. Japan Regulatory Affairs Outsourcing Market
- 12.4.4. Australia Regulatory Affairs Outsourcing Market
- 12.4.5. South Korea Regulatory Affairs Outsourcing Market
- 12.4.6. Rest of Asia Pacific Regulatory Affairs Outsourcing Market
- 12.5. Latin America Regulatory Affairs Outsourcing Market Snapshot
- 12.5.1. Brazil Regulatory Affairs Outsourcing Market
- 12.5.2. Mexico Regulatory Affairs Outsourcing Market
- 12.6. Rest of The World Regulatory Affairs Outsourcing Market
Chapter 13. Competitive Intelligence
- 13.1. Top Market Strategies
- 13.2. Company Profiles
- 13.2.1. Accell Clinical Research, LLC
- 13.2.1.1. Key Information
- 13.2.1.2. Overview
- 13.2.1.3. Financial (Subject to Data Availability)
- 13.2.1.4. Company Size Summary
- 13.2.1.5. Recent Developments
- 13.2.2. GenPact Ltd.
- 13.2.3. Criterium, Inc.
- 13.2.4. PRA Health Sciences
- 13.2.5. Promedica International
- 13.2.6. Dr. Regenold GmbH
- 13.2.7. BioMapas
- 13.2.8. Zeincro Group
- 13.2.9. Parexel International Corp.
- 13.2.10. Charles River Laboratories International, Inc.
- 13.2.1. Accell Clinical Research, LLC
Chapter 14. Research Process
- 14.1. Research Process
- 14.1.1. Data Mining
- 14.1.2. Analysis
- 14.1.3. Market Estimation
- 14.1.4. Validation
- 14.1.5. Publishing
- 14.2. Research Attributes
- 14.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Regulatory Affairs Outsourcing Market, report scope
- TABLE 2. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Region 2018-2028 (USD Billion)
- TABLE 3. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Services 2018-2028 (USD Billion)
- TABLE 4. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Company Size 2018-2028 (USD Billion)
- TABLE 5. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Category 2018-2028 (USD Billion)
- TABLE 6. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Indication 2018-2028 (USD Billion)
- TABLE 7. Global Regulatory Affairs Outsourcing Market estimates & forecasts by Stage 2018-2028 (USD Billion)
- TABLE 8. Global Regulatory Affairs Outsourcing Market estimates & forecasts by End-use 2018-2028 (USD Billion)
- TABLE 9. Global Regulatory Affairs Outsourcing Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 10. Global Regulatory Affairs Outsourcing Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 11. Global Regulatory Affairs Outsourcing Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 12. Global Regulatory Affairs Outsourcing Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 13. Global Regulatory Affairs Outsourcing Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 14. Global Regulatory Affairs Outsourcing Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 15. Global Regulatory Affairs Outsourcing Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 16. Global Regulatory Affairs Outsourcing Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 17. Global Regulatory Affairs Outsourcing Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 18. Global Regulatory Affairs Outsourcing Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 19. U.S. Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 20. U.S. Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 21. U.S. Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 22. Canada Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 23. Canada Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 24. Canada Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 25. UK Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 26. UK Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 27. UK Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 28. Germany Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 29. Germany Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 30. Germany Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 31. RoE Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 32. RoE Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 33. RoE Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 34. China Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 35. China Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 36. China Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 37. India Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 38. India Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 39. India Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 40. Japan Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 41. Japan Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 42. Japan Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 43. RoAPAC Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 44. RoAPAC Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 45. RoAPAC Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 46. Brazil Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 47. Brazil Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 48. Brazil Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 49. Mexico Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 50. Mexico Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 51. Mexico Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 52. RoLA Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 53. RoLA Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 54. RoLA Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 55. Row Regulatory Affairs Outsourcing Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 56. Row Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 57. Row Regulatory Affairs Outsourcing Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 58. List of secondary sources, used in the study of global Regulatory Affairs Outsourcing Market
- TABLE 59. List of primary sources, used in the study of global Regulatory Affairs Outsourcing Market
- TABLE 60. Years considered for the study
- TABLE 61. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Regulatory Affairs Outsourcing Market, research methodology
- FIG 2. Global Regulatory Affairs Outsourcing Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Regulatory Affairs Outsourcing Market, key trends 2021
- FIG 5. Global Regulatory Affairs Outsourcing Market, growth prospects 2022-2028
- FIG 6. Global Regulatory Affairs Outsourcing Market, porters 5 force model
- FIG 7. Global Regulatory Affairs Outsourcing Market, pest analysis
- FIG 8. Global Regulatory Affairs Outsourcing Market, value chain analysis
- FIG 9. Global Regulatory Affairs Outsourcing Market by segment, 2018 & 2028 (USD Billion)
- FIG 10. Global Regulatory Affairs Outsourcing Market by segment, 2018 & 2028 (USD Billion)
- FIG 11. Global Regulatory Affairs Outsourcing Market by segment, 2018 & 2028 (USD Billion)
- FIG 12. Global Regulatory Affairs Outsourcing Market by segment, 2018 & 2028 (USD Billion)
- FIG 13. Global Regulatory Affairs Outsourcing Market by segment, 2018 & 2028 (USD Billion)
- FIG 14. Global Regulatory Affairs Outsourcing Market, regional snapshot 2018 & 2028
- FIG 15. North America Regulatory Affairs Outsourcing Market 2018 & 2028 (USD Billion)
- FIG 16. Europe Regulatory Affairs Outsourcing Market 2018 & 2028 (USD Billion)
- FIG 17. Asia pacific Regulatory Affairs Outsourcing Market 2018 & 2028 (USD Billion)
- FIG 18. Latin America Regulatory Affairs Outsourcing Market 2018 & 2028 (USD Billion)
- FIG 19. Global Regulatory Affairs Outsourcing Market, company Market share analysis (2021)
