Life Sciences Translation Services Market Size, Share, & Trends Analysis Report By Type (Clinical/Document Translation, Technical Translation), By Category, By End Use, By Region, And Segment Forecasts, 2024 - 2030

Life Sciences Translation Services Market Size, Share, & Trends Analysis Report By Type (Clinical/Document Translation, Technical Translation), By Category, By End Use, By Region, And Segment Forecasts, 2024 - 2030


Life Sciences Translation Services Market Growth & Trends

The global life sciences translation services market size is anticipated to reach USD 2.55 billion by 2030 and is projected to grow at a CAGR of 8.43% during the forecast period, according to a new report by Grand View Research, Inc. The demand for life sciences translation services is driven by increasing globalization, digitizing of content, and personalized international customer service.

AI is advancing the market by enhancing translation accuracy and efficiency through the automated processing of complex medical and scientific documents. AI-driven tools facilitate faster, more reliable translations, supporting global research and regulatory compliance. Hence, market players are introducing AI-based translation solutions. For instance, in August 2023, Vital launched an AI-powered translator designed to convert complex medical terminology into plain language. Utilizing large language models and natural language processing, this tool translates intricate medical documents, including doctor’s notes, radiologist reports, discharge summaries, and test results, into text understandable at a 5th-grade reading level.

In North America, the market is driven by the region's extensive pharmaceutical and biotechnology industries, which require precise and compliant translations for clinical trials, regulatory submissions, and patient information. The increasing emphasis on regulatory compliance, coupled with the need to support a diverse patient population and facilitate global market access, fuels demand for accurate translation and localization services. In addition, the growth of international collaborations and research initiatives further contributes to the need for specialized translation services in this sector.

The market is experiencing a number of mergers and acquisitions as companies seek to boost their market position. For instance, in October 2022, Acolad Life Sciences partnered with Alphanumeric to support life sciences organizations with their international communication needs, including over-the-phone interpreting (OPI) for global call centers.

Life Sciences Translation Services Market Report Highlights
  • In terms of type, the technical translation segment dominated the market with the largest revenue share in 2023. The growth is attributed to the growing need for precise and specialized translation of complex scientific and technical documents.
  • Based on category, the technology/AI-based segment dominated the market with the largest revenue share in 2023 and is expected to grow at the fastest CAGR during the forecast period. The AI and machine learning-based advanced technologies enhance the efficiency and accuracy of translations by automating complex processes and adapting to diverse linguistic needs.
  • Based on end use, the Clinical Research Organizations (CRO) segment dominated the market with the largest revenue share in 2023 and is anticipated to register the fastest growth rate during the forecast period. The growth is attributed to its critical role in managing clinical trials, regulatory submissions, and global research activities.
  • North America dominated the market in 2023, owing to the presence of diverse populations, increasing number of clinical trials, and growing demand for regulatory compliance.
  • In April 2024, TransPerfect partnered with Healthy Birth Day, Inc. to provide digital health translation technology and services to enhance the organization's translation capabilities. Healthy Birthday, a women-founded nonprofit, focuses on enhancing birth outcomes through research, programming, and advocacy.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Type
1.2.2. Category
1.2.3. End Use
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. GVR’s Internal Database
1.5.3. Secondary Sources
1.5.4. Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
1.8.1. Volume Price Analysis
1.9. List of Secondary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Business Environment Analysis
3.3.1. Industry Analysis - Porter’s Five Forces Analysis
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTLE Analysis
3.3.3. List of top 100 life sciences translation service providers, 2023
Chapter 4. Type Business Analysis
4.1. Type Market Share, 2023 & 2030
4.2. Type Segment Dashboard
4.3. Market Size & Forecasts and Trend Analysis, by Type, 2018 to 2030 (USD Million)
4.4. Clinical/Document Translation
4.4.1. Clinical/document translation market estimates and forecasts, 2018 - 2030 (USD Million)
4.5. Technical Translation
4.5.1. Technical translation market estimates and forecasts, 2018 - 2030 (USD Million)
4.6. Labeling and Device Translation
4.6.1. Labeling and device translation market estimates and forecasts, 2018 - 2030 (USD Million)
4.7. Corporate/Marketing Translation
4.7.1. Corporate/marketing translation market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Category Business Analysis
5.1. Category Market Share, 2023 & 2030
5.2. Category Segment Dashboard
5.3. Market Size & Forecasts and Trend Analyses, by Category, 2018 to 2030 (USD Million)
5.4. Manual
5.4.1. Manual market estimates and forecasts, 2018 - 2030 (USD Million)
5.5. Technology/AI-Based
5.5.1. Technology/AI-based market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. End Use Business Analysis
6.1. End Use Market Share, 2023 & 2030
6.2. End Use Segment Dashboard
6.3. Market Size & Forecasts and Trend Analyses, by End Use, 2018 to 2030 (USD Million)
6.4. Pharmaceutical Manufacturers
6.4.1. Pharmaceutical manufacturers market estimates and forecasts, 2018 - 2030 (USD Million)
6.5. Biotechnology Companies
6.5.1. Biotechnology companies market estimates and forecasts, 2018 - 2030 (USD Million)
6.6. Medical Device Manufacturers
6.6.1. Medical device manufacturers market estimates and forecasts, 2018 - 2030 (USD Million)
6.7. Clinical Research Organizations
6.7.1. Clinical research organizations market estimates and forecasts, 2018 - 2030 (USD Million)
6.8. Others
6.8.1. Others market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Regional Estimates & Trend Analysis by Type, Category & End Use
7.1. Regional Market Share Analysis, 2023 & 2030
7.2. Regional Market Dashboard
7.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030
7.4. North America
7.4.1. North America life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.2. U.S.
7.4.2.1. Key country dynamic
7.4.2.2. Regulatory framework
7.4.2.3. Competitive insights
7.4.2.4. U.S. life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.3. Canada
7.4.3.1. Key country dynamic
7.4.3.2. Regulatory framework
7.4.3.3. Competitive insights
7.4.3.4. Canada life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.4. Mexico
7.4.4.1. Key country dynamic
7.4.4.2. Regulatory framework
7.4.4.3. Competitive insights
7.4.4.4. Mexico life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5. Europe
7.5.1. Europe life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.2. Germany
7.5.2.1. Key country dynamic
7.5.2.2. Regulatory framework
7.5.2.3. Competitive insights
7.5.2.4. Germany life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.3. UK
7.5.3.1. Key country dynamic
7.5.3.2. Regulatory framework
7.5.3.3. Competitive insights
7.5.3.4. UK life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.4. France
7.5.4.1. Key country dynamic
7.5.4.2. Regulatory framework
7.5.4.3. Competitive insights
7.5.4.4. France life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.5. Italy
7.5.5.1. Key country dynamic
7.5.5.2. Regulatory framework
7.5.5.3. Competitive insights
7.5.5.4. Italy life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.6. Spain
7.5.6.1. Key country dynamic
7.5.6.2. Regulatory framework
7.5.6.3. Competitive insights
7.5.6.4. Spain life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.7. Denmark
7.5.7.1. Key country dynamic
7.5.7.2. Regulatory framework
7.5.7.3. Competitive insights
7.5.7.4. Denmark life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.8. Sweden
7.5.8.1. Key country dynamic
7.5.8.2. Regulatory framework
7.5.8.3. Competitive insights
7.5.8.4. Sweden life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.9. Norway
7.5.9.1. Key country dynamic
7.5.9.2. Regulatory framework
7.5.9.3. Competitive insights
7.5.9.4. Norway life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6. Asia Pacific
7.6.1. Asia Pacific life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.2. Japan
7.6.2.1. Key country dynamic
7.6.2.2. Regulatory framework
7.6.2.3. Competitive insights
7.6.2.4. Japan life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.3. China
7.6.3.1. Key country dynamic
7.6.3.2. Regulatory framework
7.6.3.3. Competitive insights
7.6.3.4. China life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.4. India
7.6.4.1. Key country dynamic
7.6.4.2. Regulatory framework
7.6.4.3. Competitive insights
7.6.4.4. India life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.5. South Korea
7.6.5.1. Key country dynamic
7.6.5.2. Regulatory framework
7.6.5.3. Competitive insights
7.6.5.4. South Korea life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.6. Australia
7.6.6.1. Key country dynamic
7.6.6.2. Regulatory framework
7.6.6.3. Competitive insights
7.6.6.4. Australia life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.7. Thailand
7.6.7.1. Key country dynamic
7.6.7.2. Regulatory framework
7.6.7.3. Competitive insights
7.6.7.4. Thailand life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.7. Latin America
7.7.1. Latin America life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.7.2. Brazil
7.7.2.1. Key country dynamic
7.7.2.2. Regulatory framework
7.7.2.3. Competitive insights
7.7.2.4. Brazil life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.7.3. Argentina
7.7.3.1. Key country dynamic
7.7.3.2. Regulatory framework
7.7.3.3. Competitive insights
7.7.3.4. Argentina life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.8. MEA
7.8.1. MEA life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.8.2. South Africa
7.8.2.1. Key country dynamic
7.8.2.2. Regulatory framework
7.8.2.3. Competitive insights
7.8.2.4. South Africa life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.8.3. Saudi Arabia
7.8.3.1. Key country dynamic
7.8.3.2. Regulatory framework
7.8.3.3. Competitive insights
7.8.3.4. Saudi Arabia life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.8.4. UAE
7.8.4.1. Key country dynamic
7.8.4.2. Regulatory framework
7.8.4.3. Competitive insights
7.8.4.4. UAE life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
7.8.5. Kuwait
7.8.5.1. Key country dynamic
7.8.5.2. Regulatory framework
7.8.5.3. Competitive insights
7.8.5.4. Kuwait life sciences translation services market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Participant Overview
8.2. Company Market Position Analysis
8.3. Company Categorization
8.4. Strategy Mapping
8.5. Company Profiles/Listing
8.5.1. Vistatec
8.5.1.1. Overview
8.5.1.2. Financial performance
8.5.1.3. Service benchmarking
8.5.1.4. Strategic initiatives
8.5.2. Language Scientific
8.5.2.1. Overview
8.5.2.2. Financial performance
8.5.2.3. Service benchmarking
8.5.2.4. Strategic initiatives
8.5.3. marstranslation
8.5.3.1. Overview
8.5.3.2. Financial performance
8.5.3.3. Service benchmarking
8.5.3.4. Strategic initiatives
8.5.4. BayanTech.
8.5.4.1. Overview
8.5.4.2. Financial performance
8.5.4.3. Service benchmarking
8.5.4.4. Strategic initiatives
8.5.5. Lionbridge Technologies, LLC.
8.5.5.1. Overview
8.5.5.2. Financial performance
8.5.5.3. Service benchmarking
8.5.5.4. Strategic initiatives
8.5.6. Conversis
8.5.6.1. Overview
8.5.6.2. Financial performance
8.5.6.3. Service benchmarking
8.5.6.4. Strategic initiatives
8.5.7. Morningside, Inc
8.5.7.1. Overview
8.5.7.2. Financial performance
8.5.7.3. Service benchmarking
8.5.7.4. Strategic initiatives
8.5.8. Crimson Interactive Inc.
8.5.8.1. Overview
8.5.8.2. Financial performance
8.5.8.3. Service benchmarking
8.5.8.4. Strategic initiatives
8.5.9. Welocalize Life Sciences
8.5.9.1. Overview
8.5.9.2. Financial performance
8.5.9.3. Service benchmarking
8.5.9.4. Strategic initiatives
8.5.10. ALM Translations Ltd
8.5.10.1. Overview
8.5.10.2. Financial performance
8.5.10.3. Service benchmarking
8.5.10.4. Strategic initiatives
8.5.11. Stepes
8.5.11.1. Overview
8.5.11.2. Financial performance
8.5.11.3. Service benchmarking
8.5.11.4. Strategic initiatives
8.5.12. Questel.
8.5.12.1. Overview
8.5.12.2. Financial performance
8.5.12.3. Service benchmarking
8.5.12.4. Strategic initiatives
8.5.13. A BURG Translations
8.5.13.1. Overview
8.5.13.2. Financial performance
8.5.13.3. Service benchmarking
8.5.13.4. Strategic initiatives

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