Regulatory Affairs Market is anticipated to exhibit a CAGR of 8.7% over the forecast period
Regulatory Affairs Industry Overview The global regulatory affairs market size is expected to reach USD 27.0 billion by 2030, registering a CAGR of 8.7% over the forecast years, according to a new report by Grand View Research, Inc. The factors expected to contribute to the growth of this market include changing regulatory requirements based on business activities and geographies, an increase in clinical trials & drug approvals along with accelerated regulatory approval, and technological advancement in regulatory software. Also, the evolution of personalized medicines , the increasing need for companies to focus on core business activities, and economic and competitive pressures are other factors that are contributing to the growth of the market. The global market showed lucrative growth during the COVID-19 pandemic. Regulatory Affairs Market Segmentation Grand View Research has segmented the global regulatory affairs market based on servi...