Medical Writing Market by Type (Regulatory Medical Writing, Clinical Writing, and Others), Application (Medical Journalism, Medical Education, and Others), End User and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

The global Medical Writing market size was valued at $4.95 billion in 2023 and is projected to reach $9.01 billion by 2029, growing at a CAGR of 10.5% during the forecast period.

• The demand for the medical writing market is majorly driven by increasing contract research organization (CRO) outsourcing, growing research and development (R&D) investments by market players, and a favorable environment for clinical trials in developing regions.
 
• In addition, significant adoption of advertising strategies to advance patient outreach by pharmaceutical industries and regulatory agencies requiring detailed methodologies for all product development phases further boosts the market growth.
 
• On the flip side, high attrition costs and inadequate technical writing skills are likely to hamper the market growth.
 
Medical writing is a type of presentation of medical along with scientific data to a wide- range of audiences; the content is communicated in different formats which include regulatory submissions, disease and drug-related, publication magazines like journal manuscripts and abstracts, content for healthcare websites, health-related articles, including protocols and final reports for clinical trials, and clinical expert reports. Medical writing is employed by the pharmaceutical and contract research organization industry because the industry recognized that it requires special skill to produce well-structured documents registered with international regulatory authorities that present information clearly and concisely.

By Type, the Regulatory Medical Writing Segment to Register Remarkable Growth over the Forecast Period

The regulatory medical writing segment is expected to exhibit significant growth over the forecast period due to enormous growth in the number of drug developments in the past decade that required regulatory documentation. It involves the design of documentation essential in the approval process of drugs, devices, and biologics, which may include study reports, study protocols, and investigator brochures. Further, the high demand for regulatory medical writing can be attributed to favorable surroundings for clinical trials in developing regions and the rising penetration of social media and the internet.

By Geography, North America Region is Leading in the Global Market Place

North America dominates the medical writing market. This is owing to the existence of key market players and healthcare industries that involving in the research and availability of advanced technologies, development of drugs and medical devices, high-quality standards of the pharmaceuticals and biopharmaceuticals industries, and many other healthcare activities that require a huge amount of documentation. Increasing investments in research and development are resulting in a rise in the number of clinical trials, which is expected to augment the medical writing market in the region.

List of the Key Players Profiled in the Market Include:
• Parexel International Corporation
• Cardinal Health, Inc.
• Trilogy Writing & Consulting GmbH
• Freyr Solutions
• Cactus Communications
• Covance, Inc.
• IQVIA HOLDINGS INC.
• OMICS International
• Synchrogenix
• SIRO Clinpharm Private Limited
• QUANTICATE
• InClin, Inc.
• Genesis Biotechnology Group LLC
• HCL Technologies
• Medpace Holdings, Inc.

What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Medical Writing Market by, Type
• Regulatory Medical Writing
• Clinical Writing
• Scientific Writing
• Other Types

Global Medical Writing Market by, Application
• Medical Journalism
• Medical Education
• Medico Marketing
• Other Applications

Global Medical Writing Market by, End-User
• Medical Device/Pharma & Biotechnology Companies
• Contract Research Organizations (CROs)
• Other End Users

Global Medical Writing Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview            
    1.1 Introduction        
    1.2 Research Objectives       
    1.3 Market Segmentation       
    1.4 Stakeholders        
    1.5 List of Acronyms        
              
2 Executive Summary            
              
3 Research Methodology           
    3.1 Identification of Data       
    3.2 Evaluation of Market Dynamics      
    3.3 Collaboration of Data       
    3.4 Verification and Analysis       
    3.5 Data Sources        
    3.6 Assumptions        
              
4 Market Dynamics            
    4.1 Market Drivers        
            4.1.1 Advancement in medical science and related technology
            4.1.2 Rising investments and incentives for research and development
            4.1.3 Increasing number of medical science professionals
    4.2 Market Restraints        
            4.2.1 Shortage of skilled professionals for medical writing
    4.3 Market Opportunities       
            4.3.1 Emerging APAC region as a major pharmaceutical hub in coming years
    4.4 Market Challenges        
            4.4.1 High cost of research studies limits the growth of developing countries in this sector
    4.5 Impact of COVID-19 on Medical Writing Market     
              
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers       
    5.2 Bargaining Power of Buyers       
    5.3 Threat of New Entrants       
    5.4 Threat of Substitutes       
    5.5 Competitive Rivalry in the Market      
              
6 Global Medical Writing Market by, Type          
    6.1 Overview        
    6.2 Regulatory Medical Writing       
    6.3 Clinical Writing        
    6.4 Scientific Writing        
    6.5 Other Types        
              
8 Global Medical Writing Market by, Application         
    8.1 Overview        
    8.2 Medical Journalism        
    8.3 Medical Education         
    8.4 Medico Marketing        
    8.5 Other Applications        
              
9 Global Medical Writing Market by, End User         
    9.1 Overview        
    9.2 Medical Device/Pharma & Biotechnology Companies    
    9.3 Contract Research Organizations (CROs)      
    9.4 Other End Users        
              
10 Global Medical Writing Market by, Geography         
    10.1 Overview        
    10.2 North America        
    10.3 Europe         
    10.4 Asia Pacific        
    10.5 South America        
    10.6 Middle East & Africa       
              
11 Key Developments            
              
12 Company Profiling            
    12.1 Parexel International Corporation      
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 Cardinal Health, Inc.       
    12.3 Trilogy Writing & Consulting GmbH      
    12.4 Freyr Solutions        
    12.5 Cactus Communications       
    12.6 Covance, Inc.        
    12.7 IQVIA HOLDINGS INC.       
    12.8 OMICS International       
    12.9 Synchrogenix        
    12.10 SIRO Clinpharm Private Limited      
    12.11 QUANTICATE        
    12.12 InClin, Inc.        
    12.13 Genesis Biotechnology Group LLC      
    12.14 HCL Technologies        
    12.15 Medpace Holdings, Inc.