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The United States medical writing market is driven by the increasing inclination of the major pharmaceutical companies towards non-core activities, in which medical writing accounts for a significant share. In addition to this, the aggressive branding and promotion strategies adopted by the pharma and biotechnology companies, which includes social media platforms, is likely to generate significant demand for medical writing in the forecast period. Some other factors propelling the medical writing market in the country include rising spending on public health by the government, rising R&D activities aimed towards impeding chronic cases, growing geriatric population, increasing healthcare awareness, and increasing disposable income, among others. The ongoing development and technological advancements in the healthcare institutes, medical schools, research centres, ambulatory surgical centres, and nursing homes, coupled with the increasing immigration of medical students and doctors to avail better opportunities in the country in the field of healthcare, is anticipated to augment the market in the forecast period. The ongoing drug development processes will further aid the market in the country to curb the growing cases of cancer.
In March 2021, Cardinal Health (NYSE: CAH) announced that the company has signed a definitive agreement with Hellman & Friedman under which Cardinal Health will sell its Cordis business for approximately USD 1 billion.
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The major players in the medical writing market in the United States are Inclin, Inc., Parexel International Corporation., Cardinal Health, Inc., Labcorp Drug Development, MakroCare, Freyr Solutions, Banner Medical, LLC, and BioPoint Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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