Medical Writing Market Size, Challenges, Segmentation and Forecast To 2027
Medical
Writing Market Overview
According to MRFR analysis, the Global Medical Writing Market is
expected to register a CAGR of ~ 10.1 % during the forecast period of 2019 to
2025 and was valued at USD 3.25 billion in 2025.
Medical writing is the science of communicating healthcare-related
information to various stakeholders. It includes preparing scientific documents
of different types such as scientific journals, research articles, and
scientific books. It also includes preparing documents required for research
& development, regulatory approvals, and writing journal articles.
The growth of the global medical
writing market is driven by various factors such as the rising
prevalence of chronic disease and increasing expiration of patents. However,
stringent government regulatory policies are expected to curb the growth of the
global medical writing market.
Several market players currently dominate the global medical writing
market. The key players are involved in strategic collaborations to strengthen
their market positions.
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Regional Analysis
The market has been divided, by region, into the Americas, Europe,
Asia-Pacific, and the Middle East & Africa. The Americas is expected to be
the largest market owing to the increasing prevalence of medical writing and
rising per capita healthcare expenditure. The medical writing market in the
Americas has further been branched into North America and Latin America, with
the North American market divided into the US and Canada. The European medical
writing market has been categorized as Western Europe and Eastern Europe. The
Western European market has further been classified as Germany, France, the UK,
Italy, Spain, and the rest of Western Europe. The medical writing market in
Asia-Pacific has been segmented into Japan, China, India, South Korea,
Australia, and the rest of Asia-Pacific. Due to the increasing patient pool of
medical writing and rising awareness about the treatment methods, the market in
Asia-Pacific is expected to be the fastest-growing. The medical writing market
in the Middle East & Africa has been divided into the Middle East and
Africa.
Segmentation
The global medical writing market has been segmented based on type,
application, and end user.
The market, based on type, has been divided into clinical writing,
regulatory writing, scientific writing, disease- and drug-related writing, and
others. The clinical writing segment is likely to be the largest during the
review period due to increasing investment made by pharmaceutical industries,
and other government bodies are investing in clinical trials globally. The
regulatory writing segment is predicted to be the fastest-growing. Regulatory
writing includes different clinical documents which include treatment of
various disorders and contains descriptions of clinical trials.
The global medical writing market has been segregated, based on application, into medical
journalism, medical education, and medico marketing. The medical journalism
segment is expected to hold the majority share of the market. It is one of the
most significant segments due to the growing need for multiple reliable sources
of medical information and update on current treatment methodologies in the
drug industry. The medical education segment is expected to be the
fastest-growing due to the increasing use of various medical notebooks and
online research articles to analyze multiple chronic disorders.
The end user segments of the market are pharmaceutical & biotechnology
companies and contract research organizations (CROS). The pharmaceutical &
biotechnology companies segment is expected to hold the largest share of the
market as the use of medical writing is highest in pharmaceutical
companies.
Key Players
Some of the key players in the global medical writing market are Cactus
Communications (UK), Covance Inc (US), SIRO CLINPHARM (India), IQVIA (US),
OMICS International (India), Freyr Solutions (US), SYNCHROGENIX (US), INCLIN,
INC (US), and Clinexa Life Sciences Pvt (Australia), and Parexel International
Corporation (US).
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