Quick Summary:
In this complex world of rapid healthcare advancements, the comprehensive analysis offered in our global medical writing market report is more essential than ever. As the industry stands at $4.1 billion in 2022 and is projected to nearly double to $8 billion by 2030, it presents numerous growth opportunities for your organization. Capitalizing on these opportunities is key for industry competitors looking to establish a stance or for new entrants to make a mark on this industry.
Our report provides a deep understanding of the industry's growth prospects in various segments, including clinical and regulatory, as well as in key markets like the U.S., China, Japan, and Germany. It provides a competitive market analysis with detailed profiles of 34 featured competitors. Plus, included in the purchase is an exclusive online interactive peer-to-peer collaborative bespoke update, and complimentary updates for a year, ensuring that you stay abreast with the industry's ongoing progression. Make an informed decision about your strategic direction with our well-researched, comprehensive coverage of the global medical writing market.
Global Medical Writing Market to Reach $8 Billion by 2030
The global market for Medical Writing estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$8 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. Clinical, one of the segments analyzed in the report, is projected to record a 8.5% CAGR and reach US$3.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Regulatory segment is readjusted to a revised 9.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 12.4% CAGR
The Medical Writing market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2030.Select Competitors (Total 34 Featured) -
- Cactus Communications
- Clinexa Life Sciences Pvt
- Covance, Inc.
- Freyr Solutions
- INCLIN
- IQVIA
- OMICS International
- Parexel International Corp
- SIRO CLINPHARM
- SYNCHROGENIX
- Trilogy Writing & Consulting GmBH
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Medical Writing?
What is the growth rate of the Global Market for Medical Writing?
What is the forecasted size of the Global Market for Medical Writing?
Who are the key companies in the Global Market for Medical Writing?
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.1 Billion |
| Forecasted Market Value ( USD | $ 8 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cactus Communications
- Clinexa Life Sciences Pvt
- Covance, Inc.
- Freyr Solutions
- INCLIN
- IQVIA
- OMICS International
- Parexel International Corp
- SIRO CLINPHARM
- SYNCHROGENIX
- Trilogy Writing & Consulting GmBH
