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United States Medical Writing Market Report and Forecast 2024-2032

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    Report

  • 147 Pages
  • November 2023
  • Region: United States
  • Expert Market Research
  • ID: 5921300
According to the report, the United States medical writing market is projected to grow at a CAGR of 10.2% between 2024 and 2032 reaching a value of approximate USD 5.75 billion by 2032. Aided by the escalating demand for comprehensive and precise medical documentation and the burgeoning biopharmaceutical sector, the market is expected to grow significantly by 2032.

Medical writing in the United States encompasses a wide array of services including clinical research documentation, regulatory writing, scientific communications, and promotional content creation. These services play an indispensable role in the successful navigation of the rigorous and complex regulatory environment, effective dissemination of scientific knowledge, and strategic marketing of healthcare products.

The United States medical writing market demand is primarily fuelled by the burgeoning biopharmaceutical industry and the increasing complexity of clinical research. As new therapeutic areas are explored and novel drug delivery systems are developed, the need for sophisticated medical writing expertise becomes more pronounced. Furthermore, the stringent regulatory requirements by agencies such as the U.S. Food and Drug Administration (FDA) necessitate high-quality, compliant documentation, thereby augmenting the demand for skilled medical writers.

In addition, the growing trend towards digital health and the integration of artificial intelligence (AI) in healthcare are opening new avenues for medical writers. The need for clear, accurate, and user-friendly digital content that can be understood by both healthcare professionals and patients is becoming increasingly important.

Another key driver of the United States medical writing market growth is the escalating need for patient-centred documentation. With the healthcare industry shifting towards a more patient-centric approach, there is a growing demand for medical writers who can effectively communicate complex medical information in a manner that is accessible and understandable to patients.

The United States medical writing market also benefits from the presence of numerous Contract Research Organisations (CROs) and pharmaceutical companies that frequently outsource medical writing tasks to specialised service providers. This outsourcing trend not only ensures cost-effectiveness but also allows for access to a diverse pool of expertise, further contributing to the growth of the market.

According to the United States medical writing market analysis, the rise in scientific publications and the need for effective communication of research findings have led to an increase in the demand for medical writers in academic and research settings. As the scientific community continues to expand, the need for skilled professionals to articulate research outcomes comprehensively is more vital than ever.

Market Segmentation

The market can be divided based on type, application, and end use.

Market Breakup by Type

  • Clinical Writing
  • Regulatory Writing
  • Scientific Writing
  • Others

Market Breakup by Application

  • Medical Journalism
  • Medical Education
  • Medico Marketing
  • Others

Market Breakup by End Use

  • Pharmaceutical and Biotechnology Companies
  • Contract Research Organisations (CROs)
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States medical writing market. Some of the major players explored in the report are as follows:
  • Inclin, Inc.
  • Parexel International Corporation.
  • Cardinal Health, Inc.
  • Labcorp Drug Development
  • MakroCare
  • Freyr Solutions
  • Banner Medical, LLC
  • BioPoint Inc.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Medical Writing Market Analysis
8.1 Key Industry Highlights
8.2 United States Medical Writing Historical Market (2018-2023)
8.3 United States Medical Writing Market Forecast (2024-2032)
8.4 United States Medical Writing Market by Type
8.4.1 Clinical Writing
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Regulatory Writing
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Scientific Writing
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 United States Medical Writing Market by Application
8.5.1 Medical Journalism
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medical Education
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Medico Marketing
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 United States Medical Writing Market by End Use
8.6.1 Pharmaceutical and Biotechnology Companies
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Contract Research Organisations (CROs)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter's Five Forces Analysis
9.2.1 Supplier's Power
9.2.2 Buyer's Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Inclin, Inc.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Parexel International Corporation.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Cardinal Health, Inc.
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Labcorp Drug Development
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 MakroCare
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Freyr Solutions
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Banner Medical, LLC
10.2.7.1 Company Overview
10.2.7.2 Product Portfolio
10.2.7.3 Demographic Reach and Achievements
10.2.7.4 Certifications
10.2.8 BioPoint Inc.
10.2.8.1 Company Overview
10.2.8.2 Product Portfolio
10.2.8.3 Demographic Reach and Achievements
10.2.8.4 Certifications
10.2.9 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Medical Writing Market: Key Industry Highlights, 2018 and 2032
2. United States Medical Writing Historical Market: Breakup by Type (USD Billion), 2018-2023
3. United States Medical Writing Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. United States Medical Writing Historical Market: Breakup by Application (USD Billion), 2018-2023
5. United States Medical Writing Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. United States Medical Writing Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. United States Medical Writing Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. United States Medical Writing Market Structure

Companies Mentioned

  • Inclin Inc.
  • Parexel International Corporation.
  • Cardinal Health Inc.
  • Labcorp Drug Development
  • MakroCare
  • Freyr Solutions
  • Banner Medical LLC
  • BioPoint Inc.

Methodology

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Table Information