Medical Device Regulatory Affairs Market Size Is Expected To Reach USD 8.6 Billion By 2028
San Francisco, 29 June 2021: The Report Medical Device Regulatory Affairs Market Size, Share & Trends Analysis Report By Service (Legal Representation, Regulatory Consulting), By Type (Diagnostics, Therapeutics), By Service Provider, By Region, And Segment Forecasts, 2021 - 2028 The global medical device regulatory affairs market size is expected to reach USD 8.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. Technological advancements in medical devices such as AI/Machine learning, increasing trends of portable and smaller devices, and government regulations are driving the market. Medical equipment regulation is a vast and rapidly changing field that is often complicated by legal challenges. Even within one regulatory framework, legal terms and their definitions are not always consistent. As technology expands, software, machine learning, and algorithms become an essential compone