Seattle, July 12, 2018 (GLOBE NEWSWIRE) -- The global regulatory information management market is expected to witness considerable growth and exhibit a significant CAGR over the forecast period (2018–2026).
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Key Trends and Analysis of the Regulatory Information Management Market:
Regulatory information management software is expected to gain traction during the forecast period, owing to multiple factors such as changing regulatory scenario in industries such as biotechnology, pharmaceuticals, and clinical research, which is highly critical and needs to be updated at frequent intervals. This has led to development of competent regulatory information management software to be adopted by industry players. This ever-changing regulatory scenario in the market proves to be one of the important driving factors for adoption of regulatory information management software. Also, reduction in manual errors in the software designed for regulatory process coupled with easy access are further expected to contribute in growth of global regulatory information management market.
The market for regulatory information management is expected to experience significant traction during the forecast period, owing to increasing volume of data to be collected and provided by regulatory bodies such as the U.S. Food and Drug Administration (FDA), European Medicines Agency, and other similar agencies in the respective regions globally to industry players.
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https://www.coherentmarketinsights.com/market-insight/regulatory-information-management-market-1940
Key Market Takeaways: