Regulatory Writing and Publishing Leads Global Regulatory Outsourcing Market – Trends and Forecast market.html

Report Description:  The global regulatory outsourcing market was worth US$1.56 billion in 2013, and is expected to reach a market value of US$4.49 billion in 2020, indicating a compound annual growth rate of 14.6% from  The pharmaceutical, life science, and medical devices industries are the major contributors to the global regulatory services outsourcing market. Companies active in these fields often have various regulatory processes to keep track of, such as licensing, product registration, clinical trial application, and legal representation. The companies collaborate with various regulatory outsourcing companies offering different regulatory outsourcing services in order to get the processes taken care of with minimal effort from the company’s core staff. This also benefits the client company thanks to a reduced bill and easy channels to penetrate the markets in new regions. This enables the client company to bring about a quick launch of their product.

 The growth of the Asia Pacific market for regulatory service outsourcing is expected to help it cut the gap to North America as the global leader in the regulatory service outsourcing market considerably. The latter held a dominant 30% share in the global market in The Asia Pacific market is expected to grow at a CAGR of 15% from 2014 to  The growth of the healthcare sector and consequent proliferation in the numbers of healthcare companies operating in the market is the major growth driver for the global regulatory outsourcing market. The healthcare sector in Asia Pacific economies such as China and India, in particular, presents a vast opportunity for the regulatory service outsourcing market. These countries, along with other Asian countries such as Indonesia, Japan, and South Korea, present a combination of increasing consumer affluence, increasing population, and increasing awareness about the healthcare sector. This will boost the expansion of the operation of healthcare companies in this region, propelling the regulatory service outsourcing market in the process.

 Regulatory Affairs Outsourcing Market, by Services  Regulatory Affairs  Clinical Trial Applications and Product Registrations  Regulatory Writing and Publishing  Regulatory Consulting and Legal Representation  Others

 Regulatory Affairs Outsourcing Market, by Geography  North America  Europe  Asia Pacific  Rest of the World (RoW)

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