North America Medical Writing Market to Grow at a CAGR of 7.1% to reach US$ 1,266.23 million from 2020 to 2027

North America Medical Writing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Clinical Writing, Regulatory Writing, Scientific Writing, and Others); Application (Medical Journalism, Medical Education, Medico Marketing, and Others); End User (Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), and Others); and Country

Publication Month: Nov 2020 | Report Code: TIPRE00016267 | No. of Pages: 116 | Category: Healthcare IT | Status: Published
Covid

TheNorth America medical writing market is expected to reach US$ 1,266.23 million in 2027 from US$ 732.95 million in 2019. The market is estimated to grow with a CAGR of 7.1% from 2020-2027.

A medical writer is an individual that applies the principles of clinical research in developing clinical trial documents that effectively and clearly give a detail on research results, product use, and other medical information. The medical writers also ensure that their documents comply with regulatory, journal, or other guidelines in terms of content, structure, and format. Rising demand for medical writing in the fields of medical education, regulation, and industrial is burgeoning.The demand for medical writing is on the rise on account of increasing drugs, biomedical, and other pharmaceutical product launches. The scope of the medical writing market includestype, application, end-user, and region.

US Medical Writing Market Revenue and Forecasts to 2027 (US$ MN)

US Medical Writing Market Revenue and Forecasts to 2027 (US$ MN)

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Market Insights-

Need for Medical Writers in the Medical Device Industry

The medical device industry is similar but still different from the pharmaceutical industry in terms of medical writing. Earlier, not much importance was given to medical writing in the medical devices industry. Recently, digital health, including tele-monitoring and digital health apps, has become essential. Particularly in the case of apps, it is not always easy to distinguish between a “life-style app” (example: fitness tracker) and an app that is classified as a medical device.Medical devices require similar documents to pharmaceuticals (example: patient informed consent forms, clinical study protocols, and clinical study reports with lay summaries), albeit there are different content requirements. A document solely used for medical devices is the clinical evaluation reports mentioned above. Periodic Safety Update Reports are also new documents according to the medical device reports, while they have been required in pharmaceuticals for many years. There are a few specialized medical device journals, but the journals for medical device research are targeted to specific disease areas or specialties (e.g., cardiac surgery, interventional cardiology). General medicine journals, like The Lancet or the New England Journal of Medicine, are also targeted if warranted by the novelty and importance of the publication. Thus, with a growth in the medical device industries, the requirement for medical writers is increasing, thereby boosting the market growth.

 

Type- Based Market Insights

Based on type,themedical writing marketis segmented into clinical writing, regulatory writing, scientific writing, and others. The clinical writing segment held the largest share of the market in 2019, whereasthe regulatory writing segment is anticipated to register the highest CAGR in the market during the forecast period.

 

North America Medical Writing Market, by Type – 2019 and 2027

North America Medical Writing Market, by Type – 2019 and 2027

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Application- Based Market Insights

Based on application, the medical writing market, is segmented intomedical journalism, medical education, medico marketing, and others. The medical education segment held the largest share of the market in 2019, whereas themedico marketing segment is anticipated to register the highest CAGR in the market during the forecast period.

 

End-User - Based Market Insights

Based on end-user, the medical writing market, is segmented intopharmaceutical and biotechnological companies, contract research organizations (CROs), others. The pharmaceutical and biotechnological segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.

 

Strategic Insights

Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the medical writing market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance, Freyr Solutions continued its global growth with the launch of a regional center in Mexico. Emphasizing on emerging business opportunities in Mexico, Freyr Solutions is focused to help its clients grab the Mexican market share in a compliant way.

 

NORTH AMERICA MEDICAL WRITING MARKET SEGMENTATION

By Type

  •       Clinical Writing
  •       Regulatory Writing
  •       Scientific Writing
  •       Others

By Application

  •       Medical Journalism
  •       Medical Education
  •       Medico Marketing
  •       Others

By End User

  •       Pharmaceutical and Biotechnology Companies
  •       Contract Research Organizations (CROs)
  •       Others

By Country

  •       North America
    •       US
    •       Canada
    •       Mexico

 

Company Profiles

  • Cactus Communications
  • Certara
  • Covance
  • Freyr Solutions
  • InClinInc
  • Parexel International Corporation
  • Quanticate
  • SIRO Clinpharm Private Limited
  • Synchrogenix
  • Trilogy Writing & Consulting GmbH

 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Medical Writing Market – By Type

1.3.2        Medical Writing Market – By Application

1.3.3        Medical Writing Market – By End User

1.3.4        North America Medical Writing Market – By Country

2.           North America Medical Writing Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Medical Writing Market – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Medical Writing Market- North America PEST Analysis

4.3         Expert Opinion

5.           North America Medical Writing Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Increased Requirement of Medical Writers Due to Stringent Regulatory Framework

5.1.2        Robust Growth in Clinical Trials

5.2         Market Restraints

5.2.1        Lack of Skilled Medical Writers

5.3         Market Opportunities

5.3.1        Need for Medical Writers in the Medical Device Industry

5.4         Future Trends

5.4.1        Multiple New Tools and Technologies in Medical Writing

5.5         Impact Analysis

6.           Medical Writing Market – North America Analysis

6.1         North America Medical Writing Market Revenue Forecasts and Analysis

7.           North America Medical Writing Market Analysis and Forecasts To 2027 – By Type

7.1         Overview

7.2         Medical Writing Market Share, by Type, 2019 and 2027 (%)

7.3         Clinical Writing

7.3.1        Overview

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

7.3.3        Regulatory Writing

7.3.3.1          Overview

7.3.3.2          Regulatory Writing-: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

7.3.4        Scientific Writing

7.3.4.1          Overview

7.3.4.2          Scientific Writing: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

7.3.5        Others

7.3.5.1          Overview

7.3.5.2          Others: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

8.           North America Medical Writing Market Analysis – By Application

8.1         Overview

8.2         Medical Writing Market Share, by Application, 2019 and 2027 (%)

8.3         Medical Journalism

8.3.1        Overview

8.3.2        Medical Journalism: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

8.4         Medical Education

8.4.1        Overview

8.4.2        Medical Education: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

8.5         Medico Marketing

8.5.1        Overview

8.5.2        Medico Marketing: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

9.           North America Medical Writing Market Analysis – By End-User

9.1         Overview

9.2         Medical Writing Market, By End User (2019 and 2027)

9.3         Pharmaceutical and Biotechnology Companies

9.3.1        Overview

9.3.2        Pharmaceutical and Biotechnology Companies: Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

9.4         Contract Research Organizations (CROs)

9.4.1        Overview

9.4.2        Contract Research Organizations (CROs): Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

9.5         Others

9.5.1        Overview

9.5.2        Others: Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

10.        Medical Writing Market Revenue and Forecasts To 2027 – Geographical Analysis

10.1      North America: Medical Writing Market

10.1.1     Overview

10.1.2     North America: Medical Writing Market- Revenue and Forecast to 2027 (USD Million)

10.1.3     North America Medical Writing market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.4     North America Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.5     North America Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

10.1.6     North America: Medical Writing Market, by Country, 2018 & 2027 (%)

10.1.6.1       US: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.2       US: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.2.1       US Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.6.2.2       US Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.6.2.3       US Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

10.1.6.3       Canada: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.4       Canada: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.4.1       Canada Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.6.4.2       Canada Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.6.4.3       Canada Medical Writing market, by End User – Revenue and Forecast to 2027 (USD Million)

10.1.6.5       Mexico: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.6       Mexico: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

10.1.6.6.1       Mexico Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

10.1.6.6.2       Mexico Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.6.6.3       Mexico Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

11.        Impact Of COVID-19 Pandemic on North America Medical Writing Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        COMPANY PROFILES

12.1      Certara

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.2      Covance

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.3      Freyr Solutions

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      InClin Inc

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

13.        Appendix

13.1      About the Insight Partners

13.2      Glossary of terms

LIST OF TABLES

Table 1.             North America Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 2.             North America Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 3.             North America Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 4.             US Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 5.             US Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6.             US Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 7.             Canada Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 8.             Canada Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 9.             Canada Medical Writing market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 10.          Mexico Medical Writing Market, by Type – Revenue and Forecast to 2027 (USD Million)

Table 11.          Mexico Medical Writing Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 12.          Mexico Medical Writing Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 13.          Glossary of Terms, Medical Writing Market

 

LIST OF FIGURES

Figure 1.           Medical Writing Market Segmentation

Figure 2.           North America Medical Writing Market Overview

Figure 3.           Clinical Writing Segment Held Largest Share of Type in Medical Writing Market

Figure 4.           US is Expected to Show Remarkable Growth During the Forecast Period

Figure 5.           Medical Writing Market - North America PEST Analysis

Figure 6.           Medical Writing Market Impact Analysis of Driver and Restraints

Figure 7.           North America Medical Writing Market – Revenue Forecasts and Analysis – 2019- 2027

Figure 8.           Medical Writing Market Share, by Type, 2019 and 2027 (%)

Figure 9.           Clinical Writing: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 10.        Regulatory Writing-: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Scientific Writing: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Others: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Medical Writing Market Share, by Application, 2019 and 2027 (%)

Figure 14.        Medical Journalism: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Medical Education: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Medico Marketing: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Others: Medical Writing Market– Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Medical Writing Market Revenue Share, by End User (2019 and 2027)

Figure 19.        Pharmaceutical and Biotechnology Companies: Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Contract Research Organizations (CROs): Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        Others: Medical Writing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        North America: Medical Writing Market, by Key Country – Revenue (2019) (USD Million)

Figure 23.        North America Medical Writing Market Revenue and Forecast to 2027 (USD Million)

Figure 24.        North America: Medical Writing Market, by Country, 2018& 2027 (%)

Figure 25.        US: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

Figure 26.        Canada: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

Figure 27.        Mexico: Medical Writing Market– Revenue and Forecast to 2027 (USD Million)

Figure 28.        Impact of COVID-19 Pandemic in North America Country Markets

 

 

  1. Cactus Communications
  2. Certara
  3. Covance
  4. Freyr Solutions
  5. InClinInc
  6. Parexel International Corporation
  7. Quanticate
  8. SIRO Clinpharm Private Limited
  9. Synchrogenix
  10. Trilogy Writing & Consulting GmbH
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America medical writingmarket.
  • 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 North America medical writingmarket, 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 market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

 

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