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Regulatory Information Management System Market Size Is Expected To Reach USD 4.12 Billion By 2030

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  San Francisco, 22 Aug 2023:  The Report  Regulatory Information Management System Market  Size, Share & Trends Analysis Report By End-Use (Pharmaceutical Sector, Medical Device Sector, Other), And Segment Forecasts, 2022 - 2030 The global regulatory information management system market size is expected to reach USD 4.12 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 11.0% from 2022 to 2030. As a result of the rapid adoption of the software by the pharmaceutical companies, competitors in the regulatory information management (RIM) system or software market are seeing enormous growth, and this growth is anticipated to continue. Furthermore, the pharmaceutical industry nowadays also has a big job when it comes to keeping regulatory data for a product’s life cycle. The complexity is brought on by the enormous amount of fragmented data stored across several systems and supported by inefficient software applications. The complicated rules