The Regulatory Information Management Market, estimated at USD 2,322.6 Mn in 2025, is expected to exhibit a CAGR of 11.4% and reach USD 4,945.1 Mn by 2032.
Information and Communication Technology continues to be a key driver of global growth, as organizations accelerate digital transformation and invest in advanced solutions. Breakthroughs in automation, data analytics, and next-generation networks are reshaping industries, boosting competitiveness, and opening new avenues for innovation and collaboration.
Pharmaceutical Industry segment held a dominant position in the global regulatory information management market in 2022, accounting for 59% share in terms of value. Increasing approval and launch of new products is expected to propel the segment growth during the forecast period.
Global Regulatory Information Management Market Trends:
Increasing disposable incomes and adoption of smart homes in emerging countries is a growing trend in the global regulatory information management market. Due to the adoption of smart homes in these countries, the penetration of IoT devices is increasing rapidly, which is further fueling the demand for regulatory information management. These IoT devices are widely used as motion sensors for detecting and monitoring the functioning of home appliances for ensuring safety and security. Thus, this trend is likely to boost the global regulatory information management market growth during the forecast period.
The automobile industry is expected to contribute to the amazing learning experiences for the global Worldwide Regulatory Information Management Market by increasing vehicle sales, production, and client uses. For instance, the number of automobiles produced worldwide in 2021 was 80 million, up from 78 million in 2020.
Global Regulatory Information Management Market: Competitive Landscape
Acuta, Llc, Parexel, Computer Sciences Corp (CSC), Aris Global LLC, Virtify, Ennov, Amplexor, Samarind Ltd, Dovel Technologies, Inc., and Informa.
Global Regulatory Information Management Market: Recent Developments
In March 2023, Medtech companies plan to change how they manage regulatory documents over the next two years, a Veeva MedTech survey of people at almost 100 organizations found.
In March 2023, Amplexor Life Sciences to exhibit at forthcoming Indian Pharma Regulatory Summit 2023.
In April 2022, Dendreon selected Ennov Regulatory Suite to implement a cloud-based, unified electronic document management, publishing, and regulatory information management (REGULATORY INFORMATION MANAGEMENT) software system to manage regulatory documents, publishing and product registrations, as well as lifecycles
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