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Monday, August 29, 2022

The United States Medical Writing Market to be Driven by the Country’s Growing Healthcare Sector in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘The United States Medical Writing Market Report and Forecast 2022-2027, gives an in-depth analysis of the country’s medical writing market, assessing the market based on its segments like type, application, and end-use.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

United States Medical Writing Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 0.9 Billion
• Forecast CAGR (2022-2027): 10.0%
• Forecast Market Size (2027): USD 1.5 Billion

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2021
Market Size in 2021USD 0.9 Billion
Revenue Forecast in 2027USD 1.5 Billion
Growth Rate CAGR10.0%
Major PlayersInclin, Inc., Parexel International Corporation., Cardinal Health, Inc.,
Labcorp Drug Development, MakroCare, Freyr Solutions, Banner Medical, LLC, BioPoint Inc., Others

Medical writing is gaining traction across the United States. The increasing healthcare expenditure and growing research and development activities in medical device manufacturing are favouring the market growth. In the United States, the healthcare sector accounts for around 24% of government spending. Market players have a well-experienced team of medical writers.

For instance, InClin, Inc., a full-service contract research organisation has a team of medical writers that has a combined experience of 80 years. Furthermore, the increasing number of drug trials and the growing research activities for vaccines are contributing to the expansion of the market of medical writing in the United States.

United States Medical Writing Industry Definition and Major Segments

Medical writing involves the creation of well-structured research and scientific documents which include clinical research documents and the content for magazines, journals, and healthcare websites. Medical writers often work with scientists, doctors, and other experts to create research documents.

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Based on the type, the United States medical writing market has been segmented into:

• Clinical Writing
• Regulatory Writing
• Scientific Writing
• Others

The applications of medical writing include:

• Medical Journalism
• Medical Education
• Medico Marketing
• Others

By end-use, the market has been segregated as:

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

The market has also been segmented based on the regions like:

  • North America
  • Europe
  • Asia Pacific
  • Latin
  • America
  • Middle East and Africa.

United States Medical Writing Market Trends

The changing market dynamics, reduced product pipelines, and expiring patterns are compelling pharmaceutical companies to outsource non-core activities like medical writing to control costs and improve drug-development cycle time. Thus, the trend of outsourcing medical writing is positively contributing to the market growth. The demand for medical writers that have a strong technical background as well as good communication skills is also booming.

Pharmaceutical companies, CROs, and medical device companies are increasingly outsourcing medical writers to prepare regulatory documents to get approvals from regulatory bodies like FDA for the newly developed devices and drugs.

Key Market Players

The major players in the market are:

  • Inclin, Inc
  • Parexel International Corporation
  • Cardinal Health, Inc
  • Labcorp Drug Development
  • MakroCare
  • Freyr Solutions
  • Banner Medical
  • LLC
  • BioPoint Inc

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA


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