New

Middle East & Africa Medical Affairs Outsourcing Market

2021

Middle East & Africa Medical Affairs Outsourcing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Services (Medical Writing and Publishing, Medical Monitoring, Medical Science Liaisons (MSLs), Medical Information, and Others) and Application (Pharmaceutical, Biopharmaceutical, and Medical Devices)

Publication Month: Oct 2021 | Report Code: TIPRE00025182 | No. of Pages: 113 | Category: Healthcare IT | Status: Published

Market Insights

Middle East & Africa Medical Affairs Outsourcing Market to Grow at a CAGR of 10.1% to reach US$ 92.37 million from 2020 to 2027

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The medical affairs outsourcing market in MEA is expected to grow from US$ 46.99 million in 2020 to US$ 92.37 million by 2027; it is estimated to grow at a CAGR of 10.1% from 2020 to 2027.


Saudi Arabia, South Africa, and UAE are major economies in MEA. Clinical trials on rise is the major factor driving the growth of the MEA medical affairs outsourcing market. A clinical trial is a crucial and significant step in the determination of safety and effectiveness of a medical strategy, treatment, or device for commercial usage. These studies also help understand and determine the best medical approaches for a particular therapeutic area. Clinical trials are conducted primarily to collect data regarding the safety and efficacy of new drug and device development. Before the approval of drug molecules or medical devices by the regulatory authorities, a series of clinical studies are conducted. The increasing prevalence of various communicable and non-communicable diseases is triggering the demand for the development of new drugs or medical devices. The abovementioned scenario is, in turn, expected to surge the demand for the medical affairs outsourcing services in the coming years. Hence, the increasing number of clinical trials, raising the demand for medical affair services, is a significant factor driving the growth of the medical affairs outsourcing market.

The countries in the MEA region have taken precautionary measures and imposed stringent regulations to control the spread of COVID-19. Countries such as the UAE, Saudi Arabia, Jordan, Iraq, and Iran have strictly imposed lockdowns. The majority of the countries in the region are dependent on other regions for medical devices and other products. As a result of the COVID-19 crisis, the World Bank forecasts that remittances to the MENA region are projected to fall sharply by 19.6%, after a total of US$ 42 billion in 2020 after a 2.6% increase in 2019. MENA countries and the global community also have a role to play in tackling COVID-19. For the first time in decades, MENA countries are facing a common issue with no political or religious agenda. The advent of high-throughput screens of approved compounds and small molecules has allowed researchers to effectively evaluate large drug libraries for their in vitro antiviral activity against novel targets. Russia has developed a new treatment for the COVID-19 patients and will soon conduct a trial in partnership with Saudi Arabian health. The current pharmaceutical markets in the MENA region vary significantly between different nations. For example, high spending power and a cultural preference for expensive foreign brands in Saudi Arabia have resulted in 85% of pharmaceuticals being imported. In contrast, 90% of the consumption in Egypt is domestically produced, with a much greater market share for generics. In recent years, South Africa has turned increasingly to generic drugs, providing an excellent opportunity for domestic and foreign manufacturers. Medical affairs play a pivotal role in overcoming barriers to accessing healthcare professionals (HCPs). Moreover, compliance requirements mean medical affairs is responsible for providing HCPs with real-time, unbiased, and transparent medical information in the MEA.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA medical affairs outsourcing market. The MEA medical affairs outsourcing market is expected to grow at a good CAGR during the forecast period.

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1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Medical Affairs Outsourcing Market – By Services

1.3.2 MEA Medical Affairs Outsourcing Market – By Application

1.3.3 MEA Medical Affairs Outsourcing Market – By Country

2. MEA Medical Affairs Outsourcing Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Medical Affairs Outsourcing– Market Landscape

4.1 Overview

4.2 MEA PEST Analysis

4.3 Expert Opinions

5. MEA Medical Affairs Outsourcing Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Clinical Trials Tally on Rise

5.1.2 R&D Expenditures Increasing Along with Surge in Adoption of Outsourcing Activities

5.2 Market Restraints

5.2.1 Escalating Costs of Drug Manufacturing and Clinical Trials

5.3 Future Trends

5.3.1 Market Consolidation at High Pace

5.4 Impact Analysis of Drivers and Restraints

6. Medical Affairs Outsourcing Market – MEA Analysis

6.1 MEA Medical Affairs Outsourcing Market Revenue Forecast and Analysis

7. MEA Medical Affairs Outsourcing Market Analysis – By Services

7.1 Overview

7.2 MEA Medical Affairs Outsourcing Market Revenue Share, by Services (2019 and 2027)

7.3 Medical Writing and Publishing

7.3.1 Overview

7.3.2 Medical Writing and Publishing: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

7.4 Medical Monitoring

7.4.1 Overview

7.4.2 Medical Monitoring: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

7.5 Medical Science Liaisons (MSLs)

7.5.1 Overview

7.5.2 Medical Science Liaisons: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

7.6 Medical Information

7.6.1 Overview

7.6.2 Medical Information: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

8. MEA Medical Affairs Outsourcing Market Analysis – By Application

8.1 Overview

8.2 MEA Medical Affairs Outsourcing Market Share, by Application, 2019 and 2027, (%)

8.3 Pharmaceutical

8.3.1 Overview

8.3.2 Pharmaceutical: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

8.4 Biopharmaceutical

8.4.1 Overview

8.4.2 Biopharmaceutical: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

8.5 Medical Devices

8.5.1 Overview

8.5.2 Medical Devices: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

8.5.3 Therapeutic Medical Devices

8.5.3.1 Overview

8.5.3.2 Therapeutic Medical Devices: Medical Affairs Outsourcing Market– Revenue and Forecast to 2027 (USD Million)

8.5.4 Diagnostic Medical Devices

8.5.4.1 Overview

8.5.4.2 Diagnostic Medical Devices: Medical Affairs Outsourcing Market– Revenue and Forecast to 2027 (USD Million)

9. MEA Medical Affairs Outsourcing Market – Country Analysis

9.1 Overview

9.1.1 MEA: Medical Affairs Outsourcing Market Share by Country – 2019 & 2027, (%)

9.1.2 Saudi Arabia: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.2.1 Saudi Arabia: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.2.2 Saudi Arabia Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

9.1.2.3 Saudi Arabia Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

9.1.2.3.1 Saudi Arabia: Medical Device Market, by Type, 2018–2027 (USD Million)

9.1.3 UAE: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.3.1 UAE: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.3.2 UAE Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

9.1.3.3 UAE Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

9.1.3.3.1 UAE: Medical Device Market, by Type, 2018–2027 (USD Million)

9.1.4 South Africa: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

9.1.4.1 South Africa: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.4.2 South Africa Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

9.1.4.3 South Africa Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

9.1.4.3.1 South Africa: Medical Device Market, by Type, 2018–2027 (USD Million)

9.1.5 Rest of MEA: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

9.1.5.1 Rest of MEA: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

9.1.5.2 Rest of MEA Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

9.1.5.3 Rest of MEA Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

9.1.5.3.1 Rest of MEA: Medical Device Market, by Type, 2018–2027 (USD Million)

10. Impact of COVID-19 Pandemic on Global Medical Affairs Outsourcing Market

10.1 MEA: Impact Assessment of COVID-19 Pandemic

11. Medical Affairs Outsourcing Market– Industry Landscape

11.1 Overview

11.2 Growth Strategies Done by the Companies in the Market, (%)

11.3 Organic Developments

11.3.1 Overview

11.4 Inorganic Developments

11.4.1 Overview

12. Company Profiles

12.1 ICON PLC

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 IQVIA Inc.

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 Syneos Health

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 PPD Inc.

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 PAREXEL INTERNATIONAL CORPORATION

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 UDG Healthcare plc

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

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Saudi Arabia Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

Table 2. Saudi Arabia Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 3. Saudi Arabia Medical Device Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 4. UAE Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

Table 5. UAE Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6. UAE Medical Device Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 7. South Africa Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

Table 8. South Africa Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 9. South Africa Medical Device Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 10. Rest of MEA Medical Affairs Outsourcing Market, by Services – Revenue and Forecast to 2027 (USD Million)

Table 11. Rest of MEA Medical Affairs Outsourcing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 12. Rest of MEA Medical Device Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 13. Organic Developments Done By Companies

Table 14. Inorganic Developments Done By Companies

Table 15. Glossary of Terms, Medical Affairs Outsourcing Market

LIST OF FIGURES

Figure 1. MEA Medical Affairs Outsourcing Market Segmentation

Figure 2. MEA Medical Affairs Outsourcing Market, By Country

Figure 3. MEA Medical Affairs Outsourcing Market Overview

Figure 4. Medical Writing and Publishing Segment Held Largest Share of Services Segment In MEA Medical Affairs Outsourcing Market

Figure 5. South Africa Is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. MEA PEST Analysis

Figure 7. MEA Medical Affairs Outsourcing Market Impact Analysis of Driver and Restraint

Figure 8. MEA Medical Affairs Outsourcing Market – Revenue Forecast And Analysis – 2019- 2027

Figure 9. MEA Medical Affairs Outsourcing Market Revenue Share, by Services (2019 and 2027)

Figure 10. MEA Medical Writing and Publishing: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11. MEA Medical Monitoring: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12. MEA Medical Science Liaisons: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13. MEA Medical Information: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14. MEA Others: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15. MEA Medical Affairs Outsourcing Market Share, by Application, 2019 and 2027 (%)

Figure 16. MEA Pharmaceutical: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17. MEA Biopharmaceutical: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18. MEA Medical Devices: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19. MEA Therapeutic Medical Devices: Medical Affairs Outsourcing Market– Revenue and Forecast to 2027 (USD Million)

Figure 20. MEA Diagnostic Medical Devices: Medical Affairs Outsourcing Market– Revenue and Forecast to 2027 (USD Million)

Figure 21. MEA: Medical Affairs Outsourcing Market, by Key Country – Revenue (2019) (USD Million)

Figure 22. MEA: Medical Affairs Outsourcing Market Share by Country – 2019 & 2027, (%)

Figure 23. Saudi Arabia: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

Figure 24. UAE: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25. South Africa: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

Figure 26. Rest of MEA: Medical Affairs Outsourcing Market – Revenue and Forecast to 2027 (USD Million)

Figure 27. Impact of COVID-19 Pandemic in MEA Market

Figure 28. Growth Strategies Done by the Companies in the Market, (%)

  1. ICON PLC
  2. IQVIA Inc
  3. PAREXEL INTERNATIONAL CORPORATION
  4. PPD Inc
  5. Syneos Health
  6. UDG Healthcare plc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA medical affairs outsourcing market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA medical affairs outsourcing market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the medical affairs outsourcing market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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