REGULATORY INFORMATION MANAGEMENT SYSTEM (RIMS) MARKET ANALYSIS (2019-2027)

Organizations have to adhere to certain regulations for production and development of products, solutions, and services. This software ensures that these organizations adhere to the regulations, which in turn helps them to reduce downtime or production of the products, which are not in line with the set regulatory standards. The software is most suitable for application in industries such as healthcare and life sciences, where the regulations need to be updated regularly and followed strictly, owing to its sensitivity and direct effect on the lives of the consumers of the medicines.

Market Dynamics

Market for regulatory information management is expected to exhibit significant traction, during the forecast period, owing to factors such as increasing stringency of the norms provided by regulatory bodies such as U.S. Food and Drug Administration (FDA), European Medicines Agency, and other similar agencies in the respective regions globally. The regulatory scenario is complex and always changing, therefore to keep up with regulatory requirements across global markets is challenging. According to the European Union Drug Regulating Authorities Pharmacovigilance Medicinal Product Dictionary (EVMPD) regulations, all pharmaceutical companies harmonized exchanged format to manage the drug safety product information, which was effective from July 02, 2012. Pharmaceutical companies tend to adopt advanced technologies such as regulatory information management systems. This enables respective personnel of these companies with easy access to information at any time. The reduction in manual errors in regulatory process coupled with easy access to all the information are further expected to contribute in growth of global regulatory information management system market. Apart from healthcare and life sciences, this software is also being adopted in the multiple industries such as biotechnology and clinical research organizations as they vary in terms of degrees of maturity when it comes to regulatory processes.

Key features of the study:

This report provides in-depth analysis of regulatory information management market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019– 2027), considering 2018 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global regulatory information management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies,
Companies covered as part of this study include Acuta, LLC, AMPLEXOR, ArisGlobal LLC, arivis AG, DDi, Inc., Ennov SA, Extedo Gmbh, GLEMSER TECHNOLOGIES CORPORATION, Samarind Ltd., Sparta Systems Inc., Veeva Systems, and Virtify, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global regulatory information management market report caters to various stakeholders in this industry including investors, developers, integrators, service providers, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global regulatory information management market.

Detailed Segmentation:

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

U.S.
Canada

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

U.K.
Germany
Italy
France
Spain
Rest of Europe

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

China
India
Japan
Australia
ASEAN
South Korea
Rest of Asia Pacific

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

Mexico
Brazil
Argentina
Rest of Latin America

Registration (Planning & Tracking)
Submission
Publishing
e-Archiving
Others (Management, Labeling, etc.)

Suites
Stand Alone

Managed
System Integration
Consulting & Training

On-Premise
Cloud Based

SMEs
Large Enterprises

Pharmaceutical Industry
Biotechnology Industry
Clinical Research Organizations

GCC Countries
South Africa
Rest of Middle East & Africa

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates

“*” marked represents similar segmentation in other categories in the respective section.

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