North America AI In Medical Writing Market Size, Share & Trends Analysis Report By Type, By End Use (Pharmaceutical, Biotechnology, Medical Devices, and Other End Use), By Country and Growth Forecast, 2024 - 2031
North America AI In Medical Writing Market Size, Share & Trends Analysis Report By Type, By End Use (Pharmaceutical, Biotechnology, Medical Devices, and Other End Use), By Country and Growth Forecast, 2024 - 2031
The North America AI In Medical Writing Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI In Medical Writing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $410.6 Million by 2031. The Canada market is experiencing a CAGR of 14% during (2024 - 2031). Additionally, The Mexico market is exhibiting a CAGR of 13% during (2024 - 2031).
The growing adoption of AI in medical writing is also driven by the increasing focus on data-driven decision-making in healthcare. AI tools can integrate data from diverse sources, including electronic health records, clinical trial databases, and scientific literature, to provide actionable insights. These insights are essential for creating documentation that reflects the latest scientific advancements and regulatory requirements.
Moreover, AI's ability to analyze real-world evidence and patient data has opened new avenues for creating personalized and contextually relevant content. For instance, AI can generate tailored patient education materials based on individual health profiles, ensuring the information is relevant and easily understandable.
The region has established itself as a significant participant in the market, collaborating with prominent pharmaceutical, biotechnology, and healthcare companies. The increasing demand for AI in medical writing market is significantly fueled by government initiatives and investments to modernize the pharmaceutical and healthcare industries. In the United States, programs such as the U.S. Department of Health and Human Services (HHS) "Health IT" initiative and the FDA’s "Emerging Technology Program" drive the integration of digital technologies into pharmaceutical workflows, including medical writing. According to the Congressional Budget Office, the U.S. pharmaceutical industry spent $83 billion on R&D in 2019, underscoring the need for AI-driven tools to manage the documentation generated from such investments.
Based on Type, the market is segmented into Type Writing, Scientific Writing, Clinical Writing, and Other Type. Based on End Use, the market is segmented into Pharmaceutical, Biotechnology, Medical Devices, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
Parexel International (MA) Corporation
Certara, Inc.
Accenture PLC
Smarter Dx, Inc.
Corti ApS
IQVIA Holdings, Inc.
Abridge Al, Inc.
Syneos Health, Inc.
IBM Corporation
Teladoc Health, Inc.
North America AI In Medical Writing Market Report Segmentation
By Type
Type Writing
Scientific Writing
Clinical Writing
Other Type
By End Use
Pharmaceutical
Biotechnology
Medical Devices
Other End Use
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI In Medical Writing Market, by Type
1.4.2 North America AI In Medical Writing Market, by End Use
1.4.3 North America AI In Medical Writing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Recent Strategies Deployed in AI In Medical Writing Market
4.3 Porter Five Forces Analysis
Chapter 5. North America AI In Medical Writing Market by Type
5.1 North America Type Writing Market by Country
5.2 North America Scientific Writing Market by Country
5.3 North America Clinical Writing Market by Country
5.4 North America Other Type Market by Country
Chapter 6. North America AI In Medical Writing Market by End Use
6.1 North America Pharmaceutical Market by Country
6.2 North America Biotechnology Market by Country
6.3 North America Medical Devices Market by Country
6.4 North America Other End Use Market by Country
Chapter 7. North America AI In Medical Writing Market by Country
7.1 US AI In Medical Writing Market
7.1.1 US AI In Medical Writing Market by Type
7.1.2 US AI In Medical Writing Market by End Use
7.2 Canada AI In Medical Writing Market
7.2.1 Canada AI In Medical Writing Market by Type
7.2.2 Canada AI In Medical Writing Market by End Use
7.3 Mexico AI In Medical Writing Market
7.3.1 Mexico AI In Medical Writing Market by Type
7.3.2 Mexico AI In Medical Writing Market by End Use
7.4 Rest of North America AI In Medical Writing Market
7.4.1 Rest of North America AI In Medical Writing Market by Type
7.4.2 Rest of North America AI In Medical Writing Market by End Use
Chapter 8. Company Profiles
8.1 Parexel International (MA) Corporation
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.3 SWOT Analysis
8.2 Certara, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Accenture PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Smarter Dx, Inc.
8.4.1 Company Overview
8.5 Corti ApS
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 IQVIA Holdings, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 SWOT Analysis
8.7 Abridge Al, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Syneos Health, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements: