Medical Writing Market Trends, Analysis, Growth and Outlook Report, 2026

The global Medical Writing Market size is expected to reach USD 6.9 billion by 2026 registering a CAGR of around 10%, according to a new report by Grand View Research, Inc. Increasing demand for regulatory paperwork in the pharmaceutical and biotechnology industries is driving the medical writing market. Rising need for marketable written content to convey drug-related information to healthcare professionals and patients is also likely to augment the market growth. Pharmaceutical companies face many regulatory complexities, this creates a need for expertise in different portfolios driving the demand for clinical services outsourcing market.

Increasing R&D costs are expected to drive this demand further over the forecast years. Drug manufacturers outsource the production of medicines in the form of clinical trials. Large-scale pharma organizations have in-house medical writing division. However, rise in patent expiry in recent years has resulted in a compelling need to gain efficiencies and reduce costs. A survey by CenterWatch on pharmaceutical services reported that medical writing is the fourth most outsourced clinical function. Majority of such services are outsourced by drug manufacturers to the developed regions.

However, developing countries, such as China and India, have been able to capture a share in this industry due to the availability of the labor force. Low costs, along with a high number of science graduates, gives developing economies an advantage over other regions. North America was the dominant regional market in 2018 due to a comprehensive regulatory framework for novel drug and healthcare products. Asia Pacific is expected to be the fastest-growing market owing to availability of the labor force and increasing number of CROs.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/medical-writing-market

Further key findings from the study suggest:

• The clinical writing type segment led the global medical writing market , in terms of revenue, in 2018 and is projected to maintain its dominance over the forecast period
• Regulatory writing is expected to witness the fastest CAGR from 2019 to 2026 due to need for regulatory documents for submission in support of approval or maintenance of healthcare products
• Medical journalism led the application segment in the past due to increasing need for multiple reliable sources of medical information and update on current treatment methodologies in the drug industry
• CROs held the majority share of the end use segment in 2018 on account of rapid expansion of CROs in developing economies and increasing cost of drug development
• IQVIA; PAREXEL International Corp.; Trilogy Writing & Consulting GmBH; Covance, Inc.; OMICS International; and Freyr Solutions are some of the key companies in the global market

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