Regulatory Information Management Market :Trends Research and Projections for 2018 – 2029

The regulatory information management (RIM) market is envisaged to surpass revenues worth US$ 893 Mn in 2019, according to a recent study by Fact.MR. Growing requirement for seamless regulatory submission data and product labeling management across enterprises is providing a fillip to the installation of regulatory information management software. Dire need of companies to alleviate the ‘time to market’ (TTM) cycle is a significant factor providing an impetus to the growth of regulatory information management market.

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The Regulatory Information Management market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ, and MEA – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are DXC Technology , IQVIA Holdings Inc., Veeva Systems Inc., Lorenz Life Sciences, AMPLEXOR, Synchrogenix Information Strategies Inc., Dovel Technologies Inc., Instem Information Solutions, Others.

The Regulatory Information Management market report addresses the below-mentioned queries:
•    Why are vendors shifting away from traditional methods of manufacturing Regulatory Information Management?
•    How does the global Regulatory Information Management market looks like in the next five years?
•    Which end use industry is expected to surpass segment by the end of 2029?
•    What innovative products are being introduced by the players in the global Regulatory Information Management market?
•    Which regions are showing the fastest market growth?

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A wide range of small and medium enterprises are implementing a broad regulatory information management platform to eliminate various data hand-offs and for better overall data quality and visibility. As per the study, global deployment of regulatory information management across small and medium enterprises exceeded US$ 513 Mn in 2018, and will witness a robust yearly growth in 2019 and ahead.

The study also highlights that the deployment of regulatory information management software is growing at a steady pace, driven by a plethora of categories. However, health authority management will particularly remain an attractive category. Furthermore, the demand for unified regulatory information management software will remain sustained in health authority management, as it enables effective control of data for a leaner, higher quality submission. This further translates to a more efficient review process for authorities and builds credibility, potentially reducing regulatory burden of enterprises, and thereby augmenting the deployment of unified regulatory information management platforms.

Crucial insights in the Regulatory Information Management market research:

•    Underlying macro- and microeconomic factors impacting the growth of the Regulatory Information Management market.
•    Basic overview of the Regulatory Information Management, including market definition, classification, and applications.
•    Scrutinization of each Regulatory Information Management market player based on mergers & acquisitions, R&D projects, and product launches.
•    Adoption trend of Regulatory Information Management across various industries.
•    Important regions and countries offering lucrative opportunities to Regulatory Information Management market stakeholders.

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