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New informative report of Regulatory Affairs Outsourcing Services Market | ICON plc, Quintiles Transnational Corporation, PAREXEL International Corporation, Clinilabs etc.

February 8, 2020 GMT

Sanjose, CA USA, Feb 08, 2020 (Wired Release) Credence Research The market for global regulatory affairs outsourcing services was valued at US$ 3,621.5 million in 2017 and is expected to reach US$ 9,569.4 million by 2026, increasing to CAGR by 11.3 per cent from 2018 to 2026. At present, regulatory functions have become a challenging task for a number of pharmaceutical manufacturers, where several companies continue to face cost pressures and labour challenges. The struggle to obtain new product approvals, to maintain compliance while ensuring competitive operating costs have become more evident in recent years. At the same time, investments in regulatory information systems and personnel have also increased significantly with a view to automating regulatory activities and publishing. As the trade situation in the pharmaceutical business is tightening up, significant opportunities for cost reduction through regulatory affairs outsourcing are becoming increasingly apparent. It is therefore indicated, in the current health care environment, that more and more manufacturers will move towards sustainable outsourcing of regulatory activities. One major challenge to regulatory affairs outsourcing is the diversity and complexity of the activities involved in regulatory processes, as there is still an inherent reservation to opt for outsourcing critical processes.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction to the Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also included]

Based on the types of services, the market for regulatory affairs outsourcing services is categorized as regulatory writing publishing, regulatory consulting, clinical trial product registration, legal representation and other services. Of these, regulatory writing publishing has the largest revenue share in the global market and will remain dominant over the forecast period. Clinical trial and product registration and legal representation will be the fastest-growing segments through 2026, particularly in the developed markets of North America and Europe. Growing the interest of companies from other parts of the world to establish their businesses and products in Europe and North America and vice versa is a key criterion for promoting the growth of these segments.

Geographically, North America is a prominent regional market for regulatory affairs outsourcing. The regions domicile some of the biggest names in the pharmaceuticals and medical devices industry and the presence of the most prominent regulatory body i.e. the FDA. These companies are also part of the largest pool of pipeline candidates demanding robust regulatory operation and compliance. All of these factors support the global dominance of the North American market. On the other hand, high service costs in North America and Europe have urged a number of market players to divert their outsourcing activities to the Asia Pacific. Many pharmaceutical manufacturers that already have a stronghold in developed regions are starting their efforts to enter the emerging markets of Asia-Pacific and the Middle East and Africa. As a result, the companies were urged to opt for regulatory services in the Asia Pacific. The Asia Pacific is expected to capture more than 40% of the global market share by the end of the forecast period.

Geographic Coverage

North America Regulatory Affairs Outsourcing Services Market Revenue and Forecast

Europe Regulatory Affairs Outsourcing Services Market Revenue and Forecast

Asia Pacific Regulatory Affairs Outsourcing Services Market Revenue and Forecast

Latin America Regulatory Affairs Outsourcing Services Market Revenue and Forecast

Middle East and Africa Regulatory Affairs Outsourcing Services Market Revenue and Forecast

List of Companies Covered:

ICON plc, Quintiles Transnational Corporation, PAREXEL International Corporation, Covance, Inc., Clinilabs, Inc., Charles River Laboratories International, Inc., Accell Clinical Research, LLC, Criterium, Inc., Medpace, Inc., Promedica International, WuXi App Tec, Genpact Ltd, PRA Health Sciences, Inc. and Pharmaceutical Product Development (PPD), LLC.

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Key questions answered in this report

What is the current and projected market size of the global regulatory affairs outsourcing services market through 2026?

Which are the key trends observed in the global market along with the most prominent growth facilitators?

What are the major strategic initiatives taken up by the major market players for ensuring stability in the global markets?

What are the key attributing factors for the dominance of North America and Europe in the global market?

Which factors contribute to the rapid growth of Asia Pacific market?

Which service type is currently in huge demand from the drug manufacturers and why?

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ToC:

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top Down Approach
1.3.5. Bottom Up Approach
1.3.6. Phase III – Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Regulatory Affairs Outsourcing Services Market Portraiture
2.2. Global Regulatory Affairs Outsourcing Services Market, by Type, 2017 (US$ Mn)
2.3. Global Regulatory Affairs Outsourcing Services Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Regulatory Affairs Outsourcing Services Market: Dynamics and Future Outlook
3.1. Overview
3.2. Industry Pros and Cons
3.3. Drivers
3.4. Challenges
3.5. Opportunities
3.6. Porter’s Five Forces Analysis
3.7. Major Agreements and Strategic Alliances
3.8. Attractive Investment Proposition, by Geography, 2017
3.9. Competitive Analysis: Global Regulatory Affairs Outsourcing Services Market, by Key Players, 2017

Chapter 4. Global Regulatory Affairs Outsourcing Services Market, by Type, 2016 2026 (US$ Mn)
4.1. Overview
4.2. Regulatory Writing Publishing
4.3. Regulatory Consulting
4.4. Clinical Trial Product Registration
4.5. Legal Representation
4.6. Other Services

toc continued

Browse Full Report Originally Published by Credence Research at:  https://www.credenceresearch.com/report/veterinary-hematology-analyzers-market

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