Product Code: TIPRE00008502
According to our new research study on "Medical Writing Market Forecast to 2031 -Global Analysis - by Type, Application, and End User," the market is anticipated to grow from US$ 3.9 billion in 2023 and is projected to reach US$ 9.1 billion by 2031; it is expected to register a CAGR of 11.1% during 2023-2031. The medical writing market growth is attributed to the growing importance of medical writing to obtain approval from regulatory authorities and a high preference for CROs.
Medical writing involves creating clear, accurate, and well-structured content related to healthcare, medicine, and life sciences. This can encompass a wide variety of materials, including research papers, regulatory documents, clinical trial reports, educational content, and promotional materials for pharmaceutical products.
North America accounted for a major share of the global medical writing market in 2023. The North America medical writing market is segmented into the US, Canada, and Mexico. Increasing regulatory requirements, a growing number of clinical trials, and the expanding pharmaceutical and biotech sectors. Stricter compliance standards from regulatory bodies such as the United States Food and Drug Administration (US FDA) also contribute to the demand for accurate medical documentation. Additionally, the trend of outsourcing medical writing tasks further boosts market growth.
In North America, the US is the largest market for medical writing. In the US, The US medical writing market is driven by regulatory demands, clinical trial growth, and expansion of pharmaceutical and biotech industries.
Regulatory Demands: With increased drug approvals, such as the 55 new drugs approved by the Center for Drug Evaluation and Research (CDER) in 2023, the need for precise regulatory documentation has surged. Medical writers play a crucial role in preparing clinical study reports, regulatory submissions, and other compliance documents.
Clinical Trials Growth: The US is a major hub for clinical trials, particularly in oncology, rare diseases, and immunology. The growing number of trials drives the need for medical writers to support trial protocols, regulatory filings, and clinical reports.
Pharma & Biotech Expansion: The US is home to leading pharmaceutical companies such as Pfizer, Johnson & Johnson, and Merck, fueling the demand for regulatory submissions, clinical trial reports, and product labeling, in turn expanding the medical writing market.
IQVIA, Parexel, Syneos Health, and Covance are among the key players operating in the market. Market players adopt inorganic growth strategies for market expansion. For instance, Parexel, one of the largest clinical research organizations (CROs) in the world, offers a comprehensive range of clinical development services from Phase I to IV. They have partnered with Palantir Technologies Inc., a leader in building Artificial Intelligence (AI) systems, to create a multi-year strategic alliance aimed at enhancing and accelerating the delivery of safe and effective clinical trials for biopharmaceutical clients. Through this collaboration, Parexel will utilize Palantir's Foundry and Artificial Intelligence Platform (AIP) to enhance its clinical data platform, focusing on increasing the efficiency of clinical trials while ensuring the highest standards of safety and regulatory compliance.
Implementation of Tools and Artificial Intelligence in Medical Writing to Provide Market Opportunities in Future
The work burden of medical writers can be effectively handled with the use of AI tools that can help automate the document review and verification process. Numerous new tools are being implemented internally and at the sponsor level. For instance, online medical dictionaries such as Taber's Cyclopedic Medical Dictionary and Stedman's Medical Dictionary are developed for medical students, physicians, researchers, and medical language specialists. They include medical terms, abbreviations, acronyms, and measurements for assistance and reference.
Medical writers working in regulatory settings use standardized templates for the documents they create. Recently, Cognizant and Yseop collaborated to accelerate the delivery of scientific content in the biopharmaceutical industry through generative AI. By utilizing Yseop Copilot, medical writers working with life sciences companies can reduce writing time and enhance consistency and productivity of reports in record time. Artificial intelligence is intended to eliminate the work involved in creating certain regulatory documents along with allowing medical writers to devote their attention to more engaging aspects of document creation and contribute the market growth in coming years.
Medical Writing Market: Competitive Landscape and Key Developments
Cactus Communications, Parexel International Corp, Certara Inc., Freyr LLC, Quanticate International Ltd, SIRO Clinpharm Pvt Ltd, ProPharma Group, Caidya, Wipro Ltd, SGS SA, Laboratory Corp of America Holdings, TUNECT, Indegene Ltd, Evidera, Syner-G BioPharma Group, EMTEX BV, BioAgile Therapeutics Private Limited, Tata Consultancy Services Ltd, InClin, and TransPerfect Life Sciences are among the key companies operating in the medical writing market.
The National Center for Biotechnology Information, The International Union of Basic and Clinical Pharmacology (IUPHAR), and Investor Presentations are among the primary and secondary sources referred to while preparing the medical writing market report.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Medical Writing Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
5. Medical Writing Market - Key Market Dynamics
- 5.1 Medical Writing Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Growing Importance of Medical Writing to Obtain Approval from Regulatory Authorities
- 5.2.2 High Preference for CROs
- 5.3 Market Restraints
- 5.3.1 Insufficient Skilled Medical Writers
- 5.4 Market Opportunities
- 5.4.1 Increasing Demand for Regulatory and Clinical Trial Documentation
- 5.5 Future Trends
- 5.5.1 Implementation of Tools and Artificial Intelligence in Medical Writing
- 5.6 Impact of Drivers and Restraints:
6. Medical Writing Market - Global Market Analysis
- 6.1 Medical Writing Market Revenue (US$ Million), 2021-2031
- 6.2 Medical Writing Market Forecast Analysis
7. Medical Writing Market Analysis - by Type
- 7.1 Clinical Writing
- 7.1.1 Overview
- 7.1.2 Clinical Writing: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 Regulatory Writing
- 7.2.1 Overview
- 7.2.2 Regulatory Writing: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3 Scientific Writing
- 7.3.1 Overview
- 7.3.2 Scientific Writing: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
8. Medical Writing Market Analysis - by Application
- 8.1 Medical Journalism
- 8.1.1 Overview
- 8.1.2 Medical Journalism: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Medical Education
- 8.2.1 Overview
- 8.2.2 Medical Education: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Medico Marketing
- 8.3.1 Overview
- 8.3.2 Medico Marketing: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
9. Medical Writing Market Analysis - by End User
- 9.1 Pharmaceutical and Biotechnology Companies
- 9.1.1 Overview
- 9.1.2 Pharmaceutical and Biotechnology Companies: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2 Contract Research Organizations
- 9.2.1 Overview
- 9.2.2 Contract Research Organizations: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
10. Medical Writing Market - Geographical Analysis
- 10.1 North America
- 10.1.1 North America Medical Writing Market Overview
- 10.1.2 North America: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.1.2.1 North America: Medical Writing Market - Revenue and Forecast Analysis - by Type
- 10.1.2.2 North America: Medical Writing Market - Revenue and Forecast Analysis - by Application
- 10.1.2.3 North America: Medical Writing Market - Revenue and Forecast Analysis - by End User
- 10.1.3 North America: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.1.3.1 North America: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.1.3.2 United States: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.1.3.2.1 United States: Medical Writing Market Breakdown, by Type
- 10.1.3.2.2 United States: Medical Writing Market Breakdown, by Application
- 10.1.3.2.3 United States: Medical Writing Market Breakdown, by End User
- 10.1.3.3 Canada: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.1.3.3.1 Canada: Medical Writing Market Breakdown, by Type
- 10.1.3.3.2 Canada: Medical Writing Market Breakdown, by Application
- 10.1.3.3.3 Canada: Medical Writing Market Breakdown, by End User
- 10.1.3.4 Mexico: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.1.3.4.1 Mexico: Medical Writing Market Breakdown, by Type
- 10.1.3.4.2 Mexico: Medical Writing Market Breakdown, by Application
- 10.1.3.4.3 Mexico: Medical Writing Market Breakdown, by End User
- 10.2 Europe
- 10.2.1 Europe Medical Writing Market Overview
- 10.2.2 Europe: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.2.1 Europe: Medical Writing Market - Revenue and Forecast Analysis - by Type
- 10.2.2.2 Europe: Medical Writing Market - Revenue and Forecast Analysis - by Application
- 10.2.2.3 Europe: Medical Writing Market - Revenue and Forecast Analysis - by End User
- 10.2.3 Europe: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.2.3.1 Europe: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.2.3.2 Germany: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.2.1 Germany: Medical Writing Market Breakdown, by Type
- 10.2.3.2.2 Germany: Medical Writing Market Breakdown, by Application
- 10.2.3.2.3 Germany: Medical Writing Market Breakdown, by End User
- 10.2.3.3 United Kingdom: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.3.1 United Kingdom: Medical Writing Market Breakdown, by Type
- 10.2.3.3.2 United Kingdom: Medical Writing Market Breakdown, by Application
- 10.2.3.3.3 United Kingdom: Medical Writing Market Breakdown, by End User
- 10.2.3.4 France: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.4.1 France: Medical Writing Market Breakdown, by Type
- 10.2.3.4.2 France: Medical Writing Market Breakdown, by Application
- 10.2.3.4.3 France: Medical Writing Market Breakdown, by End User
- 10.2.3.5 Spain: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.5.1 Spain: Medical Writing Market Breakdown, by Type
- 10.2.3.5.2 Spain: Medical Writing Market Breakdown, by Application
- 10.2.3.5.3 Spain: Medical Writing Market Breakdown, by End User
- 10.2.3.6 Italy: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.6.1 Italy: Medical Writing Market Breakdown, by Type
- 10.2.3.6.2 Italy: Medical Writing Market Breakdown, by Application
- 10.2.3.6.3 Italy: Medical Writing Market Breakdown, by End User
- 10.2.3.7 Rest of Europe: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.2.3.7.1 Rest of Europe: Medical Writing Market Breakdown, by Type
- 10.2.3.7.2 Rest of Europe: Medical Writing Market Breakdown, by Application
- 10.2.3.7.3 Rest of Europe: Medical Writing Market Breakdown, by End User
- 10.3 Asia Pacific
- 10.3.1 Asia Pacific Medical Writing Market Overview
- 10.3.2 Asia Pacific: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.2.1 Asia Pacific: Medical Writing Market - Revenue and Forecast Analysis - by Type
- 10.3.2.2 Asia Pacific: Medical Writing Market - Revenue and Forecast Analysis - by Application
- 10.3.2.3 Asia Pacific: Medical Writing Market - Revenue and Forecast Analysis - by End User
- 10.3.3 Asia Pacific: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.3.3.1 Asia Pacific: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.3.3.2 China: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.2.1 China: Medical Writing Market Breakdown, by Type
- 10.3.3.2.2 China: Medical Writing Market Breakdown, by Application
- 10.3.3.2.3 China: Medical Writing Market Breakdown, by End User
- 10.3.3.3 Japan: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.3.1 Japan: Medical Writing Market Breakdown, by Type
- 10.3.3.3.2 Japan: Medical Writing Market Breakdown, by Application
- 10.3.3.3.3 Japan: Medical Writing Market Breakdown, by End User
- 10.3.3.4 India: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.4.1 India: Medical Writing Market Breakdown, by Type
- 10.3.3.4.2 India: Medical Writing Market Breakdown, by Application
- 10.3.3.4.3 India: Medical Writing Market Breakdown, by End User
- 10.3.3.5 Australia: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.5.1 Australia: Medical Writing Market Breakdown, by Type
- 10.3.3.5.2 Australia: Medical Writing Market Breakdown, by Application
- 10.3.3.5.3 Australia: Medical Writing Market Breakdown, by End User
- 10.3.3.6 South Korea: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.6.1 South Korea: Medical Writing Market Breakdown, by Type
- 10.3.3.6.2 South Korea: Medical Writing Market Breakdown, by Application
- 10.3.3.6.3 South Korea: Medical Writing Market Breakdown, by End User
- 10.3.3.7 Rest of APAC: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.3.3.7.1 Rest of APAC: Medical Writing Market Breakdown, by Type
- 10.3.3.7.2 Rest of APAC: Medical Writing Market Breakdown, by Application
- 10.3.3.7.3 Rest of APAC: Medical Writing Market Breakdown, by End User
- 10.4 Middle East and Africa
- 10.4.1 Middle East and Africa Medical Writing Market Overview
- 10.4.2 Middle East and Africa: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.2.1 Middle East and Africa: Medical Writing Market - Revenue and Forecast Analysis - by Type
- 10.4.2.2 Middle East and Africa: Medical Writing Market - Revenue and Forecast Analysis - by Application
- 10.4.2.3 Middle East and Africa: Medical Writing Market - Revenue and Forecast Analysis - by End User
- 10.4.3 Middle East and Africa: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.4.3.1 Middle East and Africa: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.4.3.2 Saudi Arabia: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.3.2.1 Saudi Arabia: Medical Writing Market Breakdown, by Type
- 10.4.3.2.2 Saudi Arabia: Medical Writing Market Breakdown, by Application
- 10.4.3.2.3 Saudi Arabia: Medical Writing Market Breakdown, by End User
- 10.4.3.3 South Africa: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.3.3.1 South Africa: Medical Writing Market Breakdown, by Type
- 10.4.3.3.2 South Africa: Medical Writing Market Breakdown, by Application
- 10.4.3.3.3 South Africa: Medical Writing Market Breakdown, by End User
- 10.4.3.4 United Arab Emirates: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.3.4.1 United Arab Emirates: Medical Writing Market Breakdown, by Type
- 10.4.3.4.2 United Arab Emirates: Medical Writing Market Breakdown, by Application
- 10.4.3.4.3 United Arab Emirates: Medical Writing Market Breakdown, by End User
- 10.4.3.5 Rest of Middle East and Africa: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.4.3.5.1 Rest of Middle East and Africa: Medical Writing Market Breakdown, by Type
- 10.4.3.5.2 Rest of Middle East and Africa: Medical Writing Market Breakdown, by Application
- 10.4.3.5.3 Rest of Middle East and Africa: Medical Writing Market Breakdown, by End User
- 10.5 South and Central America
- 10.5.1 South and Central America Medical Writing Market Overview
- 10.5.2 South and Central America: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.2.1 South and Central America: Medical Writing Market - Revenue and Forecast Analysis - by Type
- 10.5.2.2 South and Central America: Medical Writing Market - Revenue and Forecast Analysis - by Application
- 10.5.2.3 South and Central America: Medical Writing Market - Revenue and Forecast Analysis - by End User
- 10.5.3 South and Central America: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.5.3.1 South and Central America: Medical Writing Market - Revenue and Forecast Analysis - by Country
- 10.5.3.2 Brazil: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.3.2.1 Brazil: Medical Writing Market Breakdown, by Type
- 10.5.3.2.2 Brazil: Medical Writing Market Breakdown, by Application
- 10.5.3.2.3 Brazil: Medical Writing Market Breakdown, by End User
- 10.5.3.3 Argentina: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.3.3.1 Argentina: Medical Writing Market Breakdown, by Type
- 10.5.3.3.2 Argentina: Medical Writing Market Breakdown, by Application
- 10.5.3.3.3 Argentina: Medical Writing Market Breakdown, by End User
- 10.5.3.4 Rest of South and Central America: Medical Writing Market - Revenue and Forecast to 2031 (US$ Million)
- 10.5.3.4.1 Rest of South and Central America: Medical Writing Market Breakdown, by Type
- 10.5.3.4.2 Rest of South and Central America: Medical Writing Market Breakdown, by Application
- 10.5.3.4.3 Rest of South and Central America: Medical Writing Market Breakdown, by End User
11. Industry Landscape
- 11.1 Overview
- 11.2 Growth Strategies in Medical Writing Market
- 11.3 Organic Growth Strategies
- 11.4 Inorganic Growth Strategies
12. Company Profiles
- 12.1 Cactus Communications
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Parexel International Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Certara Inc.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Freyr LLC
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Quanticate International Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Financial Overview
- 12.5.4 SWOT Analysis
- 12.5.5 Key Developments
- 12.6 SIRO Clinpharm Pvt Ltd
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 ProPharma Group
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Caidya
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Wipro Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 SGS SA
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
- 12.11 Laboratory Corp of America Holdings
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
- 12.12 TUNECT
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
- 12.13 Indegene Ltd
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis
- 12.13.6 Key Developments
- 12.14 Evidera
- 12.14.1 Key Facts
- 12.14.2 Business Description
- 12.14.3 Products and Services
- 12.14.4 Financial Overview
- 12.14.5 SWOT Analysis
- 12.14.6 Key Developments
- 12.15 Syner-G BioPharma Group
- 12.15.1 Key Facts
- 12.15.2 Business Description
- 12.15.3 Financial Overview
- 12.15.4 SWOT Analysis
- 12.15.5 Key Developments
- 12.16 EMTEX BV
- 12.16.1 Key Facts
- 12.16.2 Business Description
- 12.16.3 Products and Services
- 12.16.4 Financial Overview
- 12.16.5 SWOT Analysis
- 12.16.6 Key Developments
- 12.17 BioAgile Therapeutics Private Limited
- 12.17.1 Key Facts
- 12.17.2 Business Description
- 12.17.3 Products and Services
- 12.17.4 Financial Overview
- 12.17.5 SWOT Analysis
- 12.17.6 Key Developments
- 12.18 Tata Consultancy Services Ltd
- 12.18.1 Key Facts
- 12.18.2 Business Description
- 12.18.3 Products and Services
- 12.18.4 Financial Overview
- 12.18.5 SWOT Analysis
- 12.18.6 Key Developments
- 12.19 InClin
- 12.19.1 Key Facts
- 12.19.2 Business Description
- 12.19.3 Products and Services
- 12.19.4 Financial Overview
- 12.19.5 SWOT Analysis
- 12.19.6 Key Developments
- 12.20 TransPerfect Life Sciences
- 12.20.1 Key Facts
- 12.20.2 Business Description
- 12.20.3 Products and Services
- 12.20.4 Financial Overview
- 12.20.5 SWOT Analysis
- 12.20.6 Key Developments
13. Appendix
- 13.1 About the Insight Partners
- 13.2 Glossary of Terms for Medical Writing Market