Regulatory Information Management Market Development Status, Competition Analysis The technological

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Regulatory Information Management Market Development
Status, Competition Analysis

The technological advancements and novel methods in the regulatory
information management has unlocked potential for the companies, which are
striving to provide regulatory information management software. The regulatory
information management software has developed with new technologies, and
improved process to ensure effective management of regulatory information.

The pharmaceutical companies involved in the development,
dissemination, capture, and control the regulatory information through the
product development cycle. Regulatory information management is a solution for
pharmaceutical companies in terms of efficient value communication of
regulations.

The technology tools, product & service platforms,
creates the opportunities for the automating business practices. RIM is enables
deliver powerful submission of planning, viewing, publishing, registration and
management of products throughout the life cycle. RIMS allows ensure effective,
compliant management of regulations and regulatory information.

It has advantages such as submission of plan, e-submission
viewer, and product registration and tracking. It enables track the periodic
safety updated reports (PSUR) and real time access of regulatory information.
Global Regulatory Information Management Market is anticipated to exhibit a
significant CAGR coupled with annual growth rates over the forecast period.

Regulatory Information Management Market: Drivers and
Restraints

Regulatory Information Management Market provides wide range
of benefits to pharmaceutical companies, increased amount of data to be
collected and provided by regulatory bodies such as U.S. Food and Drug
Administration (FDA), European Medicines Agency.

According to the EVMPD regulation, all pharmaceutical
companies harmonized exchanged format to manage the drug safety product
information, which effected on July 02, 2012. The regulatory bodies are majorly
fuelling the global regulatory information management market over the forecast
period.

Pharmaceutical companies are always fond of advanced
technologies such as regulatory information management system, which enables
easy access of information any time possible, thus most of the pharma companies
are inclined towards the regulatory information management market. The
reduction in manual errors in regulatory process coupled with easy access are
further expected to contribute in the growth of global regulatory information
management market

However, there are some disadvantages in the use of
Regulatory Information Management system that includes the need to train the
sales professionals to manage advanced technologies. Also Regulatory Information
Management is costlier than conventional method. These factors can act as major
road blocks for the growth Regulatory Information Management Market.

Regulatory Information Management Market: Overview

The demand of Regulatory Information Management Market is
increasing in pharmaceutical and biopharmaceutical companies due to its
efficiency and effectiveness in regulatory approval of pharmaceuticals. Through
regulatory information management market companies can share their product
updates. The global Regulatory Information Management Market is expected to
unlock the potential of market over the forecast period.

Regulatory Information Management Market: Region-Wise
Outlook

Regulatory Information Management Market is segmented into
seven key regions: Those are North America, Latin America, Eastern Europe,
Western Europe, and APEJ, Japan, Middle East and Africa. North America is
anticipated to dominate the regulatory information management market due to the
presence of pharmaceutical stalwarts in the countries like US and Canada.

North America is followed by Asia Pacific in terms of market
share of regulatory information management market owing to the rise of
pharmaceuticals industry in the countries like China and India. Europe is
growing at a modest CAGR in the global regulatory information management
market. Latin America and Middle East and Africa are at a nascent stage in the
global regulatory information management market and is expected to have a
significant contribution in the market in the forecast period.

Regulatory Information Management Market: Key players

Some of the key players are

ACUTA,
LLC.

Parexel

Computer
Sciences Corp (CSC)

Aris
Global

Virtify

Ennov

Amplexor

Samarind
Ltd

Dovel
Technologies, Inc.

Informa

The Research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to categories such as market
segments, geographies, types, technology and applications.

Regional analysis includes

North
America (U.S., Canada)

Latin
America (Mexico, Brazil)

Western
Europe (Germany, Italy, U.K, Spain, France, Rest of Western Europe)

Eastern
Europe (Russia)

Asia
Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle
East and Africa (GCC, S. Africa)

The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.

Regulatory Information Management Market: Segmentation

Global Regulatory Information Management Market can be
segmented as following types