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Pulished Date October, 2021
ID: 12284
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Global Medical Writing Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Type, Application, End-User & Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) - Industry Forecast (2021 to 2026)

Pulished: October, 2021
ID: 12284
Pages: 190

Global Medical Writing Market Size (2021 to 2026)

During the forecast period, the global medical writing market size is estimated to be growing at a CAGR of 11.24% and worth USD 7.54 billion by 2026 from USD 4.43 billion in 2021.

Medical writers combine scientific knowledge and research skills to communicate and market information to the appropriate audience effectively. It is used in contract research organizations (CROs), pharmaceutical corporations, and communications agencies as part of the drug development process. Pharmaceutical corporations use medical writing to have their drugs registered with international regulatory authorities. In terms of content, format, and structure, medical writers ensure that their writings conform to regulatory, journal, or other guidelines. The pharmaceutical and contract research organizations recognized the need for special skills to produce well-structured documents that concisely explain information; hence medical writing was born. Good medical writing helps in the conduct of high-quality clinical trials, the achievement of trial objectives, and the creation of optimal product labeling, all of which contribute to the systematic conduct and promotion of products.

MARKET DRIVERS:

Growing R&D efforts and growing CRO outsourcing are primarily boosting the global medical writing market growth.

In the pharmaceutical and related life sciences sector, key issues such as expansion in medical sciences have necessitated the need to express clear, succinct information on complicated themes, one of the significant global medical writing markets. Furthermore, with the increasing number of patents expiring and the inclusion of clinical trial processes, regulatory documentation is always in demand. As a result, medical writing is in high demand. In addition, the rising partnerships and collaborations in this field are expected to drive market expansion.

Pharmaceutical businesses have changed their marketing techniques to reach out to more patients. Furthermore, the increasing impact of social media on customer decisions has forced pharmaceutical and biotechnology corporations to reconsider their marketing methods. As a result, the demand for scientific writing is likely to rise as the number of health and wellness-related websites increases. Investment dynamics in the drug development pipeline have increased the need for medical writing to make science and medical communication content more simple, descriptive, scientifically precise, and fully compliant with federal regulations. A high level of investment by pharma companies in implementing new technologies is also helping to drive market expansion in the future.

MARKET RESTRAINTS:

The expansion of the global medical writing market is anticipated to be hampered by a paucity of qualified medical writers and a lack of recognition for the medical writer's role. For determining reimbursement policies, insurance providers demand all necessary information regarding pharmaceuticals. As a result, keeping up with industry norms becomes a challenging effort for pharmaceutical and biopharmaceutical organizations. Companies and CROs are tasked with identifying improvements in processes for communicating information to the appropriate regulatory agency. Regulatory authorities demand precise methodology for all stages of product development, making the process time-consuming. In addition, insurance companies want drug information to determine payment policies. As a result, keeping up with industry standards has become challenging for pharmaceutical companies.

Impact of COVID-19 on the global medical writing market:

COVID-19 has had an economic and industrial impact on several countries due to lockdowns, travel bans, and business closures. Healthcare is one of the world's most important industries, with supply chain breakdowns, manufacturing disruptions, and workplace closures due to lockdown. The medical writing market is likely to benefit from the current pandemic. There will be greater demand for tools to ensure that the correct information is shared accurately. Most medical journals expected a drop in the number of submissions at the outset of the epidemic. However, many high-impact journals reported significant increases in submissions during the pandemic by the end of 2020. The COVID-19 pandemic underlined the importance of companies and research groups in North America working together with the government to create new treatments to tackle future health crises. For example, several universities and significant players are working to develop coronavirus vaccines.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 to 2026

Base Year

2020

Forecast Period

2021 to 2026

Segments Covered

By Type, Application, End-User & Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

This research report on the global medical writing market has been segmented and sub-segmented into the following categories and analyzed market size and forecast for each segment until 2026.

Medical Writing Market – By Type:

  • Clinical Writing
  • Regulatory Writing
  • Scientific Writing
  • Others

Based on type, clinical writing led the worldwide medical writing market and is expected to continue during the forecast period. Health workers regularly employ clinical writing, and a clinical writer must be fluent in medical jargon and culture. Effective clinical writing necessitates an awareness of the target reader and the purpose of the writing. It also has legal consequences, as it can be used as proof in malpractice or negligence cases. It is written briefly in a cryptic fashion, whereas in charting, it rarely incorporates appropriate or complete sentence structures. Clinical writing's primary goal is to make it easier for healthcare team members, such as unit clerks, laboratory technicians, therapists, care aides, nurses, and doctors, to communicate with one another.

Medical Writing Market – By Application:

  • Medical Journalism
  • Medical Education
  • Medico Marketing
  • Others

In 2020, the most popular application segment was medical journalism. Investigating, reporting, and explaining medical issues to a broad audience are the core goals of medical journalism. Nonprofessional/non-expert audiences and healthcare professionals are the target audiences for this form of journalism. Most individuals are interested in medical and health-related topics since they have an impact on people's behavior.

Medical Writing Market – By End-user:

  • Medical Device/Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations & Others

Due to increased R&D costs, CROs and others controlled most of the global medical writing market in 2020 based on the end-user. In addition, drug companies are under pressure to make up for revenue lost due to generics entering the market when patents have expired.

Medical Writing Market – By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Geographically, due to the presence of key market players and healthcare companies involved in the research and development of drugs and medical devices, medical publications, and many other healthcare activities that necessitate a large amount of documentation, the North American medical writing market is expected to have significant growth during the forecast period. In addition, medical writing for FDA approval in the United States necessitates a thorough understanding of the regulatory authority's requirements.

The European medical writing market was the second-largest regional market globally and is forecasted to be growing at a healthy CAGR during the forecast period. On the other hand, the APAC medical writing market is expected to be growing at the fastest CAGR from 2021 to 2026.

KEY MARKET PLAYERS:

Cactus Communications, Certara, Covance, Freyr Solutions, Inclin Inc., Parexel International Corporation, Quanticate, Siro Clinpharm Private Limited, Synchrogenix, and Triology Writing and Consultancy GMBH are a few of the notable companies operating the global medical writing market and profiled in this report.

RECENT HAPPENINGS IN THE GLOBAL MEDICAL WRITING MARKET:

  • ICON Clinical Research Inc. announced in January 2021 that it would expand its Brentwood research activities to create 85 additional employees over the following five years. Pharmaceutical, biotechnology, and medical service companies use ICON Clinical Research's outsourced development services.
  • Apttus and HighPoint, an IQVIA firm, established cooperation in March 2020 to bring digital transformation to tech projects in the healthcare and life sciences industries.
  1. Introduction                                 
    1. Market Definition                    
    2. Scope of the report                 
    3. Study Assumptions                 
    4. Base Currency, Base Year and Forecast Periods                           
  2. Research Methodology                                           
    1. Analysis Design                         
    2. Research Phases                      
      1. Secondary Research           
      2. Primary Research 
      3. Data Modelling     
      4. Expert Validation  
    3. Study Timeline                          
  3. Report Overview                                        
    1. Executive Summary                
    2. Key Inferences                       
  4. Market Dynamics                                       
    1. Impact Analysis                        
      1. Drivers      
      2. Restraints 
      3. Opportunities        
    2. Regulatory Environment                       
    3. Technology Timeline & Recent Trends                            
  5. Competitor Benchmarking Analysis                                    
    1. Key Player Benchmarking                     
      1. Market share analysis         
      2. Products/Service 
      3. Regional Presence
    2. Mergers & Acquisition Landscape                      
    3. Joint Ventures & Collaborations                        
  6. Market Segmentation                                              
    1. Global Medical Writing Market, By Type
      1. Clinical Writing
      2. Regulatory Writing
      3. Scientific Writing
      4. Others
      5. Market Size Estimations & Forecasts (2021-2026)   
      6. Y-o-Y Growth Rate Analysis              
      7. Market Attractiveness Index           
    2. Global Medical Writing Market, By Application
      1. Medical Journalism
      2. Medical Education
      3. Medico Marketing
      4. Others
      5. Market Size Estimations & Forecasts (2021-2026)   
      6. Y-o-Y Growth Rate Analysis              
      7. Market Attractiveness Index         
    3.   Global Medical Writing Market, By End-User
      1. Medical Device/Pharmaceutical & Biotechnology Companies
      2. Contract Research Organizations & Others
      3. Market Size Estimations & Forecasts (2021-2026)  
      4. Y-o-Y Growth Rate Analysis             
      5. Market Attractiveness Index          
  7. Geographical Landscape                                         
    1. Global Medical Writing Market, By Region                 
    2. North America - Market Analysis (2021 - 2026)                            
      1. By Country              
        1. USA
        2. Canada
      2. By Type    
      3. By Target 
    3. Europe                         
      1. By Country              
        1. UK
        2. France
        3. Germany
        4. Spain
        5. Italy
        6. Rest of Europe
      2. By Type    
      3. By Target 
    4. Asia Pacific                  
      1. By Country              
        1. China
        2. India
        3. Japan
        4. South Korea
        5. South East Asia
        6. Australia & NZ
        7. Rest of Asia-Pacific
      2. By Type    
      3. By Target 
    5. Latin America                            
      1. By Country              
        1. Brazil
        2. Argentina
        3. Mexico
        4. Rest of Latin America
      2. By Type    
      3. By Target 
    6. Middle East and Africa                           
      1. By Country              
        1. Middle East
        2. Africa
      2. By Type    
      3. By Target 
  8. Key Player Analysis                                    
    1. Cactus Communications
      1. Business Description           
      2. Products/Service 
      3. Financials 
      4. SWOT Analysis      
      5. Recent Developments       
      6. Analyst Overview 
    2. Certara
    3. Covance
    4. Freyr Solutions
    5. Inclin Inc.
    6. Parexel International Corporation
    7. Quanticate
    8. Siro Clinpharm Private Limited
    9. Synchrogenix
    10. Triology Writing and Consultancy GMBH
  9. Market Outlook & Investment Opportunities
    1. Appendix
      1. List of Tables
      2. List of Figures
  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of type, application and end-user along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Medical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  2. Global Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  3. Global Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  4. Global Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  5. Global Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  6. Global Others Market, By Region, From 2021 to 2026 (USD Billion)
  7. Global Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  8. Global Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  9. Global Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  10. Global Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  11. Global Others Market, By Region, From 2021 to 2026 (USD Billion)
  12. Global Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  13. Global Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  14. Global Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  15. North America Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  16. North America Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  17. North America Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  18. North America Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  19. North America Others Market, By Region, From 2021 to 2026 (USD Billion)
  20. North America Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  21. North America Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  22. North America Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  23. North America Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  24. North America Others Market, By Region, From 2021 to 2026 (USD Billion)
  25. North America Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  26. North America Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  27. North America Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  28. United States Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  29. United States Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  30. United States Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  31. Canada Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  32. Canada Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  33. Canada Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  34. Europe Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  35. Europe Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  36. Europe Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  37. Europe Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  38. Europe Others Market, By Region, From 2021 to 2026 (USD Billion)
  39. Europe Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  40. Europe Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  41. Europe Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  42. Europe Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  43. Europe Others Market, By Region, From 2021 to 2026 (USD Billion)
  44. Europe Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  45. Europe Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  46. Europe Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  47. U.K. Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  48. U.K. Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  49. U.K. Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  50. Germany Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  51. Germany Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  52. Germany Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  53. France Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  54. France Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  55. France Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  56. Italy Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  57. Italy Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  58. Italy Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  59. Spain Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  60. Spain Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  61. Spain Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  62. Asia Pacific Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  63. Asia Pacific Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  64. Asia Pacific Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  65. Asia Pacific Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  66. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Billion)
  67. Asia Pacific Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  68. Asia Pacific Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  69. Asia Pacific Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  70. Asia Pacific Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  71. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Billion)
  72. Asia Pacific Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  73. Asia Pacific Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  74. Asia Pacific Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  75. Japan Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  76. Japan Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  77. Japan Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  78. China Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  79. China Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  80. China Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  81. India Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  82. India Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  83. India Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  84. Australia Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  85. Australia Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  86. Australia Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  87. South Korea Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  88. South Korea Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  89. South Korea Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  90. Latin America Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  91. Latin America Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  92. Latin America Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  93. Latin America Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  94. Latin America Others Market, By Region, From 2021 to 2026 (USD Billion)
  95. Latin America Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  96. Latin America Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  97. Latin America Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  98. Latin America Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  99. Latin America Others Market, By Region, From 2021 to 2026 (USD Billion)
  100. Latin America Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  101. Latin America Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  102. Latin America Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  103. Brazil Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  104. Brazil Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  105. Brazil Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  106. Argentina Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  107. Argentina Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  108. Argentina Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  109. Mexico Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  110. Mexico Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  111. Mexico Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  112. Rest of Latin America Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  113. Rest of Latin America Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  114. Rest of Latin America Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  115. Middle East and Africa Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  116. Middle East and Africa Clinical Writing Market, By Region, From 2021 to 2026 (USD Billion)
  117. Middle East and Africa Regulatory Writing Market, By Region, From 2021 to 2026 (USD Billion)
  118. Middle East and Africa Scientific Writing Market, By Region, From 2021 to 2026 (USD Billion)
  119. Middle East and Africa Others Market, By Region, From 2021 to 2026 (USD Billion)
  120. Middle East and Africa Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  121. Middle East and Africa Medical Journalism Market, By Region, From 2021 to 2026 (USD Billion)
  122. Middle East and Africa Medical Education Market, By Region, From 2021 to 2026 (USD Billion)
  123. Middle East and Africa Medico Marketing Market, By Region, From 2021 to 2026 (USD Billion)
  124. Middle East and Africa Others Market, By Region, From 2021 to 2026 (USD Billion)
  125. Middle East and Africa Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  126. Middle East and Africa Medical Device/Pharmaceutical & Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Billion)
  127. Middle East and Africa Contract Research Organizations & Others Market, By Region, From 2021 to 2026 (USD Billion)
  128. Middle East Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  129. Middle East Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  130. Middle East Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)
  131. Africa Medical Writing Market, By Type, From 2021 to 2026 (USD Billion)
  132. Africa Medical Writing Market, By Application, From 2021 to 2026 (USD Billion)
  133. Africa Medical Writing Market, By End-user, From 2021 to 2026 (USD Billion)

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