Regulatory Information Management System: Introduction
Regulatory information management (RIM) systems are capable of supporting global regulatory activities. These systems consist of various software and services for highly regulated industries such as pharmaceuticals, biotechnology, and clinical research.
Regulatory information management software manages, controls, and drives product dossiers including regulatory product information. Regulatory information management software allows end-users to control, manage, and drive the process of bringing new products to market and manage interactions with authorities.
The global regulatory information management system market is projected to expand at a rapid pace during the forecast period, due to an increase in demand for regulatory information management systems among end-users.
Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78642 Impact of COVID-19 on the Global Regulatory Information Management System Market
Increasing cases of COVID-19 across the globe is resulting in economic slowdown. Developed countries are strongly affected by this pandemic. Businesses have been adversely impacted in most countries due to partial or full lockdown. The supply chain industry is badly impacted during this pandemic due to closure of borders across the globe. However, COVID-19 has a positive impact on the regulatory information management system market.
According to WHO, more than 300 clinical trials have been launched to find a treatment for COVID-19. Most of the trials are done in China and South Korea. As of April 21, 2020, over 500 clinical trials have been registered for COVID-19. Further, in April 2020, Oracle built and donated a COVID-19 Therapeutic Learning System to the U.S government that allows physicians and patients to record the effectiveness of promising COVID-19 drug therapies. Hence, increase in the number of clinical trials during COVID-19 increases the need for regulatory information management systems.
Global Regulatory Information Management System Market: Competition Landscape Several local, regional, and international players are active in the regulatory information management system market with strong presence. Rapid technological advancements have created significant opportunities in the market. Market players are gradually focusing on product launch, and mergers and acquisition with technology partners to develop innovative and advanced solutions in order to improve their offerings and market reach. Key Players Operating in the Global Regulatory Information Management System Market
Acuta LLC
AMPLEXOR
ArisGlobal LLC
Arivis AG
DDi, Inc.
Ennov SA