Going by the reports, the medical device market in Middle East is expected to reach US $ 31.6 billion by 2025. But the diversified culture in terms of ethnicity and language in addition to the developing Regulatory framework (in some countries), taping the Middle Eastern market potential, however, might be challenging for device manufacturers who are willing to register their products in the region. To get a competitive hold on region’s market potential, they are required to understand the Middle Eastern Regulatory regime.
The upsurge of economic and industrial developments across the Middle East and North Africa has established the MENA region as a dynamic life sciences and healthcare market. As per reports, consistently growing affluence in the Gulf Cooperation Council (GCC) countries has led to many lifestyle changes resulting in steep rise in total healthcare expenditures. That suggest growing importance for healthcare that could in turn drive the region’s pharmaceutical sales.
As the year-end is drawing nearby, it’s time to retrospect on all the Regulatory actions that the Pharma industry stood by to fall in compliance with Health Authority mandates. It is worthwhile to reflect upon the influential industry trends, HA guidance documents and major industry challenges that we’ve been covering in the last 12 months. Highlighting the major breakthroughs, here we give you a relook at top 20 topics we’ve covered in 2016 including submission and labeling mandates, the Brexit and the aftermath, mandates and amendments, and some of the opinions.
Regulatory Guidelines for the Pharma Industry, so far in ‘16
In an ever changing world of Life Sciences regulations, the Pharma industry has seen many new mandatory requirements from the health authorities worldwide.
Now that we have decoded various Regulatory Labeling challenges from different perspectives, is it the time you think to scout for a comprehensive Regulatory Framework? The answer would be a sure shot yes leading to search for innovative products, technologies, solutions, and services the industry is offering.