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Regulatory Affairs Outsourcing Market to Clock a CAGR of Nearly 13% through 2026

Press release Description

Albany, New York, January 10, 2019: Regulatory affairs outsourcing continues to witness an exponential growth owing to its importance in various industries such as medical devices, telecom, and pharmaceuticals. The changing regulatory requirements has encouraged several companies to outsource their regulatory affairs as it’s advantageous in terms of money and time. By 2026, the regulatory affairs outsourcing market will be worth $12,806.9 million, registering a CAGR of 13%.

The aforementioned insights are adopted from the report titled, “Regulatory Affairs Outsourcing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” included recently in the extensive repository of Market Research Reports Search Engine’s (MRRSE).

Although big pharmaceutical firms have in-house regulatory affairs department, handling these departments tends to become expensive. Also, the expertise required to handle these regulatory department is limited. This has led the pharmaceutical companies to outsource regulatory affairs, which is one of the driving factor of the market.

The regulatory affairs outsourcing market in North America is predicted to witness a significant growth in the near future. Most of the contract research organizations (CROs) exist in North America, which will further drive the demand for outsourcing regulatory affairs in this region.

Regulatory Affairs Outsourcing Market: Report Highlights

Various factors that impact the market growth have been included in this report. Various micro and macroeconomic factors affecting growth of the regulatory affairs outsourcing market have been covered in this report.

Furthermore, key segments identified in the regulatory affairs outsourcing market have been represented with the help of a taxonomy table. It also offers insights on the adoption and demand trends affecting the regulatory affairs outsourcing market across various regions and countries in the world.

A well-structured process was put in place to gather important insights that are covered in this market report. Segmentation of the market has been included in the report to give readers detailed information about the market.

Regulatory Affairs Outsourcing Market: Assessment on Competitive Landscape

The competition landscape covered in the research study is aimed at offering detailed insights on the strategies of key players present in the regulatory affairs outsourcing market. This will help the readers and buyers of the market report to comprehend the report in detail.

Additionally, to help the readers, key information such as – market shares, SWOT analysis, and key growth strategies of the key participants are covered in the report. New market players along with established players in the market will most likely benefit with the strategies of the key players included in the final section of the regulatory affairs outsourcing market report.

There are several key players present in the market, some of them are, Verisk 3E, PAREXEL International Corporation, Syneos Health, Inc., WuXi AppTec, PRA Health Sciences, Inc., IQVIA Holdings Inc., PharmaLex GmbH, Accell Clinical Research LLC, Navitas Life Sciences, Clinilabs Inc., Medpace, Inc., Criterium, Inc., Kinapse Ltd, Pharmaceutical Product Development (PPD) LLC, Intertek Group plc, Promedica International, ProductLife Group S.A., Charles River Laboratories International, Inc., Genpact Limited, ICON plc., FMD K&L, BlueReg Group, Dr. Regenold GmbH, and Covance, Inc.

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