Regulatory Affairs Outsourcing Market Growth Analysis, Emerging Trends and 2025 Forecast by Top Key Players – Quintiles Transnational, ICON, Pharmaceutical Product Development, PAREXEL International, Covance, etc

The regulatory affairs outsourcing market is estimated to represent a global market of USD 4.88 billion by 2017 with growth rate of 12.3%.

Market Dynamics

Outsourcing is an integral part of any pharmaceutical and biotechnology companies' value chain during the phase of research and development. A significant rise in clinical studies conducted in emerging economies has fueled the demand for outsourcing activities in regulatory services, providing a healthy platform for this industry growth. Regions such as Asia-Pacific offers a cost-effective environment for conducting drug development studies. For instance, countries such as China and India provide lower costs for clinical trials.

Regulatory Affairs Outsourcing Market Segment by Manufacturers:

Quintiles Transnational, ICON plc, Pharmaceutical Product Development, PAREXEL International, Covance Inc.

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Service Takeaway

In terms of services, the market is divided into Regulatory Writing & Publishing, Regulatory Consulting, Clinical Trial & Product Registration, Legal Representation, and others. In 2017, regulatory writing and publishing segment captured the highest share, USD 1.6 billion during the same year. In addition, product registration segment is considered to show robust growth during the study period.

Key Vendor Takeaway

Key players such as Quintiles Transnational, ICON plc, Pharmaceutical Product Development, PAREXEL International, and Covance, Inc. are profiled extensively. Collectively, these players accounted for more than 50% share of the total market revenue. Global players have realized that timely marketing and clinical approvals from government bodies are the key parameters in drug development.

Regional Takeaway

Asia Pacific region is considered to be the fastest growing, at a 15.2% CAGR versus North America's 10.8% from 2017 to 2025. This region is accounted for the largest share of the total market as it is well positioned to become a preferred destination for pharmaceutical studies. Attractive traits such as large patient pool, speedy recruitment, high-quality infrastructure and cost-effectiveness support the regional growth significantly. On contrary, North America captured 20.98% share of the overall market.

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Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Regulatory Affairs Outsourcing Market.

- Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

TABLE OF CONTENT

Regulatory Affairs Outsourcing MARKET OVERVIEW

EXECUTIVE SUMMARY

Regulatory Affairs Outsourcing KEY MARKET TRENDS

Regulatory Affairs Outsourcing INDUSTRY STUDY

Regulatory Affairs Outsourcing MARKET LANDSCAPE

Regulatory Affairs Outsourcing MARKET-BY PRODUCTS:

Regulatory Affairs Outsourcing MARKET-BY TECHNOLOGY:

Regulatory Affairs Outsourcing MARKET-BY END USE:

Regulatory Affairs Outsourcing MARKET-BY GEOGRAPHY

KEY VENDOR ANALYSIS

360 DEGREE Publisher

APPENDIX

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