Global Medical Writing Market 2024-2028
The medical writing market is forecasted to grow by USD 1177.88 mn during 2023-2028, accelerating at a CAGR of 6.45% during the forecast period. The report on the medical writing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of clinical trials, increasing demand for training of healthcare providers, and advanced technologies in healthcare.
Technavio's medical writing market is segmented as below:
ByType
- Clinical writing
- Regulatory writing
- Others
ByEnd-user
- Pharmaceutical
- biotech companies
- Contract research organization
- others
ByGeography
- North America
- Asia
- Europe
- Rest of World (ROW)
This study identifies the increasing adoption of AI in medical writing as one of the prime reasons driving the medical writing market growth during the next few years. Also, rising digitalization in healthcare sector and growing demand for multimodal content delivery will lead to sizable demand in the market.
The report on the medical writing market covers the following areas:
- Medical writing market sizing
- Medical writing market forecast
- Medical writing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical writing market vendors that include Cactus Communication, Cardinal Health Inc., Certara Inc., Clinovo, Freyr Software Services, ICON plc, InClin Inc., Indegene Pvt. Ltd., IQVIA Holdings Inc., MakroCare, OMICS International Pvt. Ltd., Quanticate International Ltd., SIRO Clinpharm Pvt. Ltd., Syneos Health Inc., and Trilogy Writing and Consulting GmbH. Also, the medical writing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.