Reports
United States Medical Writing Market Size, Share, Forecast: By Type: Clinical Writing, Regulatory Writing, Scientific Writing, Others; By Application: Medical Journalism, Medical Education, Medico Marketing, Others; By End Use: Pharmaceutical and Biotechnology Companies, Others; Market Dynamics; Competitive Landscape; 2024-2032
United States Medical Writing Market Outlook
The United States medical writing market stood at a value of around USD 0.9 billion in 2021. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 10.0% to reach USD 1.5 billion by 2027.
The Scientific Writing Segment Based on Type Holds a Significant Share in the United States Medical Writing Industry
The scientific writing segment based on type accounts for a significant market share, as this type of writing provides accurate analysis and observation for better comprehension of the readers and scientists. Hence, the rising submission of scientific papers in healthcare institutes and medical research centres is anticipated to augment the growth of the segment in the forecast period. Moreover, the growing efforts being made by medical researchers and scholars to publish their research papers in order to provide more information on the COVID-19 pandemic will further aid the segment growth.
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In the United States, the growing government funding and approval for research activities to further drug discoveries is aiding the market growth in the region. Furthermore, the increasing demand for medical journals in the country to educate people regarding health and wellness is further contributing to the regional market growth.
Medical Writing: Market Segmentation
Medical writing is defined as a branch of medical science that provides information pertaining to scientific and medical terms, diseases, medical equipment, and various other concepts. Medical writing can include content for healthcare websites, well-structured scientific documents, and medical journals, among others for better comprehension of the medical data.
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Based on type, the market can be segmented into:
- Clinical Writing
- Regulatory Writing
- Scientific Writing
- Others
The major applications of medical writing include:
- Medical Journalism
- Medical Education
- Medico Marketing
- Others
On the basis of end use, the market has been bifurcated into:
- Pharmaceutical and Biotechnology Companies
- Contract Research Organisations (CROs)
- Others
Thriving Medical and Healthcare Industry to Boost the Growth of the United States Medical Writing Industry
The thriving medical and healthcare industry in the United States, owing to the rising healthcare expenditure by the government, increasing disposable incomes, and rising healthcare awareness among the population, is driving the market for medical writing in the region. The advancements in the field of biotechnology and biopharmaceuticals are supporting the market expansion. In addition to this, the growing R&D activities aimed towards controlling the cases of chronic diseases are likely to propel the demand for medical writing in the forecast period. Furthermore, the rising demand for healthcare journals and the rapid advancements in the healthcare industry are likely to provide lucrative opportunities to the United States medical writing industry growth over the forecast period.
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Key Industry Players in the United States Medical Writing Market
The report gives a detailed analysis of the following key players in the United States medical writing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Inclin, Inc.
- Parexel International Corporation.
- Cardinal Health, Inc.
- Labcorp Drug Development
- MakroCare
- Freyr Solutions
- Banner Medical, LLC
- BioPoint Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report:
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, End Use |
| Breakup by Type | Clinical Writing, Regulatory Writing, Scientific Writing, Others |
| Breakup by Application | Medical Journalism, Medical Education, Medico Marketing, Others |
| Breakup by End Use | Pharmaceutical and Biotechnology Companies, Contract Research Organisations (CROs), Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Inclin, Inc., Parexel International Corporation., Cardinal Health, Inc., Labcorp Drug Development, MakroCare, Freyr Solutions, Banner Medical, LLC, BioPoint Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Medical Writing Market Analysis
8.1 Key Industry Highlights
8.2 United States Medical Writing Historical Market (2018-2023)
8.3 United States Medical Writing Market Forecast (2024-2032)
8.4 United States Medical Writing Market by Type
8.4.1 Clinical Writing
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Regulatory Writing
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Scientific Writing
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 United States Medical Writing Market by Application
8.5.1 Medical Journalism
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medical Education
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Medico Marketing
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 United States Medical Writing Market by End Use
8.6.1 Pharmaceutical and Biotechnology Companies
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Contract Research Organisations (CROs)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Inclin, Inc.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Parexel International Corporation.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Cardinal Health, Inc.
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Labcorp Drug Development
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 MakroCare
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Freyr Solutions
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 Banner Medical, LLC
10.2.7.1 Company Overview
10.2.7.2 Product Portfolio
10.2.7.3 Demographic Reach and Achievements
10.2.7.4 Certifications
10.2.8 BioPoint Inc.
10.2.8.1 Company Overview
10.2.8.2 Product Portfolio
10.2.8.3 Demographic Reach and Achievements
10.2.8.4 Certifications
10.2.9 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Medical Writing Market: Key Industry Highlights, 2018 and 2032
2. United States Medical Writing Historical Market: Breakup by Type (USD Billion), 2018-2023
3. United States Medical Writing Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. United States Medical Writing Historical Market: Breakup by Application (USD Billion), 2018-2023
5. United States Medical Writing Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. United States Medical Writing Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. United States Medical Writing Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. United States Medical Writing Market Structure
Key Questions Answered in the Report
In 2021, the United States medical writing market attained a value of nearly USD 0.9 billion.
The market is estimated to grow at a CAGR of 10.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.5 billion by 2027.
The major drivers of the industry, such as the growing government funding for research and development activities, increasing clinical trials, increasing prevalence of chronic diseases and the subsequent rise in demand for medical journals, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the continuous advancements in the medical sector and the growing efforts towards drug discoveries.
Clinical writing, regulatory writing, and scientific writing, among others are the major medical writing types.
Medical journalism, medical education, and medico marketing, among others are the significant applications considered within the market report.
Pharmaceutical and biotechnology companies and contract research organisations (CROs) are the different end use segments included in the market report.
The major players in the industry are Inclin, Inc., Parexel International Corporation., Cardinal Health, Inc., Labcorp Drug Development, MakroCare, Freyr Solutions, Banner Medical, LLC, and BioPoint Inc., among others.
Analyst Review
The United States medical writing market attained a value of USD 0.9 billion in 2021, driven by the thriving healthcare and pharmaceutical industry in the country. Aided by the growing FDA approval of biosimilars, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10.0%. The market is projected to reach USD 1.5 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into clinical writing, regulatory writing, and scientific writing, among others. On the basis of application, the market is divided into medical journalism, medical education, and medico marketing, among others. The significant end uses of medical writing include pharmaceutical and biotechnology companies and contract research organisations (CROs). The key players in the above market include Inclin, Inc., Parexel International Corporation., Cardinal Health, Inc., Labcorp Drug Development, MakroCare, Freyr Solutions, Banner Medical, LLC, and BioPoint Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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