Regulatory Information Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Component (Solution v/s Services), By Deployment Mode (On-Premises v/s Cloud), By Application (Registration Management, Regulatory Intelligence, Labeling Management, Submission Planning & Tracking Management, Publishing, Document Management, and Others), By End User (P
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationRegulatory Information Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Component (Solution v/s Services), By Deployment Mode (On-Premises v/s Cloud), By Application (Registration Management, Regulatory Intelligence, Labeling Management, Submission Planning & Tracking Management, Publishing, Document Management, and Others), By End User (P
In 2016, the U.S. spent $3,337 billion, or 17.9 percent of the gross domestic product (GDP), on national health expenditures, of which $329 billion was spent on prescription drugs.
Increasing Product Development
Further, in April 2020, Oracle built and donated a COVID-19 Therapeutic Learning System to the U.S government that allows physicians and patients to record the effectiveness of promising COVID-19 drug therapies.
Rising demand for Software-Based Work
In the United States, the total amount of money spent on medicines reached approximately 574 billion U.S. dollars in 2021.
Recent Development
- For instance, a provider such as Calyx reported on October 25, 2021, that one of the top ten pharmaceutical companies in the world has signed a contract to continue using the Calyx Regulatory Information Management (RIM) system for crucial submissions of clinical trial data to international regulators through 2026.
- Sparta Systems launched TrackWise Digital in 2020, which is a cloud-based platform that offers regulatory information management capabilities. The platform includes tools for document management, change control, and submission tracking.
- ArisGlobal launched LifeSphere RIMS in 2020, which is a cloud-based regulatory information management platform. LifeSphere RIMS offers regulatory submission management, product registration management, and health authority interaction capabilities.
- Ennov launched its RIM software platform in 2019, which offers regulatory information management capabilities such as regulatory submissions, registrations, and product lifecycle management. The platform also includes tools for document management, change control, and workflow management.
- MasterControl launched Regulatory Excellence in 2019, which is a software platform that helps organizations manage the regulatory submission process, including document management, change control, and submission tracking. The platform also provides real-time visibility into the submission status, which can help organizations identify and address issues quickly.
- Veeva Systems launched Veeva Vault RIM in 2019, which is a cloud-based software platform that offers end-to-end regulatory information management capabilities. Veeva Vault RIM helps organizations manage regulatory submissions, product registrations, and health authority interactions.
Market Segmentation
The global regulatory information management system market can be segmented by component, by deployment mode, application and by region. Based on component, the market can be divided into Solution and Services. Based on deployment mode, the market can be divided into On-Premises and Cloud. Based on application, the market can be grouped into Registration Management, Regulatory Intelligence, Labeling Management, Submission Planning & Tracking Management, Publishing, Document Management, and Others. Based on end user, the market can be segmented into Pharmaceutical, Medical Devices, and Others. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Amongst different countries, the United States dominate The Global Regulatory Information Management System Market on account of growing demand for error free data.
Market Players
ArisGlobal LLC, Arivis AG, DDi, Inc., Ennov SA, Extedo Gmbh, Glemser Technologies Corporation, Instem Group, MasterControl, Inc., Parexel International Corporation, Samarind Ltd., Sparta Systems, Inc., Acuta LLC, Virtify, Inc., Amplexor International SA, Veeva Systems Inc. are some of the leading players operating in the Global Regulatory Information Management System Market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · By Component · By Deployment Mode · By Application · By End User · By Region |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; |
| Key companies profiled | ArisGlobal LLC, Arivis AG, DDi, Inc., Ennov SA, Extedo Gmbh, Glemser Technologies Corporation, Instem Group, MasterControl, Inc., Parexel International Corporation, Samarind Ltd., Sparta Systems, Inc., Acuta LLC, Virtify, Inc., Amplexor International SA, Veeva Systems Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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