Asia Pacific Medical Device Regulatory Affairs Market Size & Outlook
Asia Pacific medical device regulatory affairs market, 2018-2030 (US$M)
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Asia Pacific medical device regulatory affairs market highlights
- The Asia Pacific medical device regulatory affairs market generated a revenue of USD 2,566.3 million in 2024.
- The market is expected to grow at a CAGR of 10.2% from 2025 to 2030.
- In terms of segment, outsource was the largest revenue generating service provider in 2024.
- Outsource is the most lucrative service provider segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 2,566.3 million |
| Market revenue in 2030 | USD 4,590.5 million |
| Growth rate | 10.2% (CAGR from 2025 to 2030) |
| Largest segment | Outsource |
| Fastest growing segment | Outsource |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-house, Outsource |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.0% of the global medical device regulatory affairs market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,590.5 million by 2030.
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Medical Device Regulatory Affairs Market Scope
Medical Device Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific medical device regulatory affairs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device regulatory affairs market will help companies and investors design strategic landscapes.
Outsource was the largest segment with a revenue share of 65.96% in 2024. Horizon Databook has segmented the Asia Pacific medical device regulatory affairs market based on in-house, outsource covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific medical device regulatory affairs market held the largest share of 37.5% in 2022 and is expected to witness lucrative growth owing to the availability of several opportunities in this region, especially in Japan, China, and India. The low-cost manufacturing possibilities in the Asia Pacific region attract medical device manufacturers.
The increasing number of medical device companies investing in the region is a major factor driving the market. In addition, the growing outsourcing of healthcare services to Asia Pacific, improving regulatory landscape, growing number of clinical trials, and an increasing number of medical device companies venturing into the region are among the major factors boosting the market growth.
In addition, the availability of a skilled workforce within the region at a lower cost compared to the U.S. is another factor expected to propel market growth. Moreover, the growing geriatric population, rising prevalence of chronic diseases among people, and increasing government support for the healthcare sector are contributing to the growth of the regional market. Hence, these factors are anticipated to increase the number of market entrants, thereby raising the need for regulatory affairs services.
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Target buyers of Asia Pacific medical device regulatory affairs market databook
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Our clientele includes a mix of medical device regulatory affairs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical device regulatory affairs market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical device regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific medical device regulatory affairs market size, by country, 2018-2030 (US$M)
Asia Pacific Medical Device Regulatory Affairs Market Outlook Share, 2024 & 2030 (US$M)
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