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The regulatory affairs outsourcing market size is forecast to increase by USD 4.71 billion at a CAGR of 12.3% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The expanding pharmaceutical industry and increasing consumption of Class I medical devices are driving the demand for regulatory compliance services. Additionally, companies are offering both stand-alone services and full-scope solutions to cater to various client needs. The market is shifting towards project-based and long-term partnership models, allowing for more flexibility and cost savings. Functional service provision, such as dedicated experts, is becoming increasingly popular as companies seek to uphold regulatory compliance while focusing on their core business operations. Outsourcing solutions are essential for organizations to keep up with the challenges of contractual obligations and the constant need to upgrade new technologies. This trend is expected to continue as regulatory requirements become more complex and the need for expert knowledge and resources grows.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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