Medical Writing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Medical Writing Market: By Type (Scientific Writing, Regulatory Medical Writing, Clinical, Other Types) By End User (Contract Research Organizations, Pharma and Biotechnological Companies, Other End Users), and Geography

 

 

 

 

 

 

 

 

 

 

 

 

 

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Report

Description

Medical Writing Market is estimated to be valued at USD 3,623.3 Million in 2021 and is poised to grow at a significant CAGR of 10.4% over 2022-2028. The development of scientific documentation by expert writers is known as medical writing. A medical writer typically collaborates closely with scientists, physicians, and other subject matter experts to produce excellent documentation that graphically describes study findings and product usage. Medical writing has quickly established a position in the pharmaceutical sector, as the industry recognized the need for professional writers who can develop well-written and well-structured documents that provide information in a clear, succinct manner while adhering to current rules. Based on type, the global medical writing market is segmented into Scientific Writing, Regulatory Medical Writing, Clinical, and Other Types. Clinical writing is anticipated to grow at a significant CAGR over the forecast years, owing to health professionals often utilizing clinical writing, and a clinical writer must be well-versed in both clinical language and culture. Effective clinical writing necessitates an awareness of the intended reader and the purpose. It is utilized in protocols, consent agreements, and clinical research reports throughout all phases of product development clinical studies. It primarily targets professionals with a solid understanding of drug/product development procedures and scientific data analysis. Medical writing is a growing market, particularly in pharmaceutical and healthcare communication. Some primary reasons driving the growth of the global medical writing market include an increase in patent expiration and research and regulatory services.

 

Recent Market Developments:

In 2020, Nuvisan Pharma Services GmbH and Co KG (Germany), the main global CRO/CDMO, announced the securing of Inamed GmbH (Germany) a global Contract Research Organization (CRO).

Medical Writing Market

MARKET SUMMARY
-
10.4%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 10.4%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Medical Writing Market

  • The medical writing market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The medical writing market is segmented based on by type, end-user and geography.
Key Players
  • Freyr Solutions (US)
  • Cactus Communications (UK)
  • Covance Inc (US)
  • OMICS International (India)
  • SYNCHROGENIX (US)
Medical Writing Market Dynamics

The increase in the number of research and development activities across the globe acts as one of the major factors driving the growth of the medical writing market. The continual development of security, administrative, and distribution records, instructional and correspondence content related to health and human services products, and the rise in CRO outsourcing, drive market growth. The market is being influenced by the increased use of advertising methods to boost patient outreach by pharmaceutical firms and regulatory bodies mandating precise procedures for all product development phases for further approval. Furthermore, improved healthcare infrastructure, urbanization, and investment in research initiatives all benefit the medical writing business. Again, the growing need for regulatory paperwork in the healthcare sector to transmit drug-related information creates the profitable potential for market participants between 2021 and 2028.


North America Got Significant Share

Medical Writing Market

The Medical Writing market in North America is likely to hold the highest revenue share of in 2021 and the same trend is expected over the forecast period due to the establishment of several pharmaceutical businesses and significant drug development activities in the US attributed to North America's growth. However, many US pharmaceutical businesses outsource contract research organization (CRO) services to low-cost overseas nations, resulting in mismatches between consumption and output. Moreover, The Asia Pacific, on the other hand, is expected to see a profitable growth rate from 2022 to 2028. Quality writing is in high demand in the Asia Pacific, where it is acknowledged as a rising profession. China and India are projected to dominate the regional market because of low labor costs, rapid turnaround times, a surplus of English authors, and easy access to resources.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The medical writing market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Medical Writing Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The global medical writing market was valued at USD 3,623.3 million in 2021

The global medical writing market is anticipated to grow at a compound annual growth rate of 10.4% from 2022 to 2028

North America dominated the medical writing market with a share in 2021.

Some of the major players in the medical writing market are Parexel International Corporation (US), Freyr Solutions (US), Cactus Communications (UK), Covance Inc (US), IQVIA (US)


Report

Table Of Content

1. Executive Summary
2. Global Medical Writing Market Introduction
2.1. Global Medical Writing Market – Taxonomy
2.2. Global Medical Writing Market –Definitions
2.2.1. By Type
2.2.2. By End User
2.2.3. Region
3. Global Medical Writing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Medical Writing Market Dynamic Factors – Impact Analysis
3.6. Global Medical Writing Market – Competition Landscape
4. Global Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Medical Writing Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Scientific Writing
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Regulatory Medical Writing
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Clinical
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Other Types
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Medical Writing Market Forecast, By End User, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Contract Research Organizations
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Pharma and Biotechnological Companies
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Other End Users
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Medical Writing Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Region, 2022 – 2028
8. North America Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Scientific Writing
8.1.2. Regulatory Medical Writing
8.1.3. Clinical
8.1.4. Other Types
8.2. By End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Contract Research Organizations
8.2.2. Pharma and Biotechnological Companies
8.2.3. Other End Users
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Country, 2022 – 2028
8.5. North America Medical Writing Market Dynamics – Trends
9. Europe Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Scientific Writing
9.1.2. Regulatory Medical Writing
9.1.3. Clinical
9.1.4. Other Types
9.2. By End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Contract Research Organizations
9.2.2. Pharma and Biotechnological Companies
9.2.3. Other End Users
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Country, 2022 – 2028
9.5. Europe Medical Writing Market Dynamics – Trends
10. Asia-Pacific Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Scientific Writing
10.1.2. Regulatory Medical Writing
10.1.3. Clinical
10.1.4. Other Types
10.2. By End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Contract Research Organizations
10.2.2. Pharma and Biotechnological Companies
10.2.3. Other End Users
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Country, 2022 – 2028
10.5. Asia-Pacific Medical Writing Market Dynamics – Trends
11. Latin America Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Scientific Writing
11.1.2. Regulatory Medical Writing
11.1.3. Clinical
11.1.4. Other Types
11.2. By End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Contract Research Organizations
11.2.2. Pharma and Biotechnological Companies
11.2.3. Other End Users
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Country, 2022 – 2028
11.5. Latin America Medical Writing Market Dynamics – Trends
12. Middle East and Africa Medical Writing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Scientific Writing
12.1.2. Regulatory Medical Writing
12.1.3. Clinical
12.1.4. Other Types
12.2. By End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Contract Research Organizations
12.2.2. Pharma and Biotechnological Companies
12.2.3. Other End Users
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Medical Writing Market – Opportunity Analysis Index, By Type, End User, and Country, 2022 – 2028
12.5. MEA Medical Writing Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, End User & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Parexel International Corporation (US)
13.2.2. Freyr Solutions (US)
13.2.3. Cactus Communications (UK)
13.2.4. Covance Inc (US)
13.2.5. IQVIA (US)
13.2.6. OMICS International (India)
13.2.7. SYNCHROGENIX (US)
13.2.8. SIRO CLINPHARM (India)
13.2.9. INCLIN (US)
13.2.10. Clinexa Life Sciences Pvt (Australia)
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Parexel International Corporation (US)
  • Freyr Solutions (US)
  • Cactus Communications (UK)
  • Covance Inc (US)
  • IQVIA (US)
  • OMICS International (India)
  • SYNCHROGENIX (US)
  • SIRO CLINPHARM (India)
  • INCLIN (US)
  • Clinexa Life Sciences Pvt (Australia)

Description

Medical Writing Market is estimated to be valued at USD 3,623.3 Million in 2021 and is poised to grow at a significant CAGR of 10.4% over 2022-2028. The development of scientific documentation by expert writers is known as medical writing. A medical writer typically collaborates closely with scientists, physicians, and other subject matter experts to produce excellent documentation that graphically describes study findings and product usage. Medical writing has quickly established a position in the pharmaceutical sector, as the industry recognized the need for professional writers who can develop well-written and well-structured documents that provide information in a clear, succinct manner while adhering to current rules. Based on type, the global medical writing market is segmented into Scientific Writing, Regulatory Medical Writing, Clinical, and Other Types. Clinical writing is anticipated to grow at a significant CAGR over the forecast years, owing to health professionals often utilizing clinical writing, and a clinical writer must be well-versed in both clinical language and culture. Effective clinical writing necessitates an awareness of the intended reader and the purpose. It is utilized in protocols, consent agreements, and clinical research reports throughout all phases of product development clinical studies. It primarily targets professionals with a solid understanding of drug/product development procedures and scientific data analysis. Medical writing is a growing market, particularly in pharmaceutical and healthcare communication. Some primary reasons driving the growth of the global medical writing market include an increase in patent expiration and research and regulatory services.

 

Recent Market Developments:

In 2020, Nuvisan Pharma Services GmbH and Co KG (Germany), the main global CRO/CDMO, announced the securing of Inamed GmbH (Germany) a global Contract Research Organization (CRO).

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