What is Regulatory Information Management Market?
Regulatory information management is a software solution which allows the companies in pharmaceutical, biotechnology, and clinical research to ensure strict observance of complex regulations set by regulatory authorities. This also helps to track the product details and ensures that the content is stored in electronic document. The software has developed new technologies and has improved the process for effective management of regulatory information. The tools and service platforms creates opportunity for automation of business practices.
The market study is being classified and major geographies with country level break-up.
Acuta, LLC. (United Kingdom), Parexel (United States), Computer Sciences Corp (CSC) (United States), Aris Global (United States), Virtify (United Kingdom), Ennov (France), Amplexor (Luxembourg), Instem plc (United Kingdom), Dovel Technologies, Inc. (United States) and Informa (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Regulatory Information Management market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Regulatory Information Management market by Type, Application and Region.
On the basis of geography, the market of Regulatory Information Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Wide Range of Applications Such as Pharmaceuticals, and Clinical Research
- Increasing Data to be Collected and Provided by Regulatory Bodies Such as FDA
- Growing Prevalence to Deliver Effective Applications
- High Costs as Compared to Traditional Method
- Stringent Government Regulations in Pharmaceutical Industry
- Rising Number of New Players and Adoption of New Technologies
- Requirement of Training for Sales Professionals for Managing Advanced Technologies
Key Target AudiencePharmaceutical company, Government associations, Research organizations, Software vendors and Others
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