Middle East & Africa Medical Affairs Outsourcing Market Size & Outlook
Middle East & Africa medical affairs outsourcing market, 2018-2030 (US$M)
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MEA medical affairs outsourcing market highlights
- The MEA medical affairs outsourcing market generated a revenue of USD 119.5 million in 2022.
- The market is expected to grow at a CAGR of 12.5% from 2023 to 2030.
- In terms of segment, medical writing & publishing was the largest revenue generating services in 2022.
- Medical Science Liaisons (MSLs) is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 119.5 million |
| Market revenue in 2030 | USD 306.0 million |
| Growth rate | 12.5% (CAGR from 2022 to 2030) |
| Largest segment | Medical writing & publishing |
| Fastest growing segment | Medical Science Liaisons (MSLs) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Writing & Publishing, Medical Monitoring, Medical Science Liaisons (MSLs), Medical Information |
| Key market players worldwide | IQVIA Holdings Inc, Icon PLC, The Medical Affairs Company, Syneos Health, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, SGS AG, Ashfield Healthcare, ZEINCRO Group, Indegene |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.0% of the global medical affairs outsourcing market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,647.4 million by 2030.
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Medical Affairs Outsourcing Market Scope
Medical Affairs Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa medical affairs outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical affairs outsourcing market will help companies and investors design strategic landscapes.
Medical writing & publishing was the largest segment with a revenue share of 36.65% in 2022. Horizon Databook has segmented the Middle East & Africa medical affairs outsourcing market based on medical writing & publishing, medical monitoring, medical science liaisons (msls), medical information covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East & Africa is one of the emerging regions in the pharmaceutical & medical device sector. Growing population and increase in government efforts to improve access to healthcare are expected to attract global biopharmaceutical and medical companies in this market, thereby contributing to the demand for medical affairs services in the region.
Middle East and Africa region accounts for 6.0% of the total number of clinical trial applications and this number is expected to grow as a higher number of biopharmaceutical and medical device companies have started outsourcing of clinical trials in this region due to advancements in technology, cost-effectiveness, and easy patient recruitment process, thereby contributing to the rising demand for medical affair services.
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Target buyers of Middle East & Africa medical affairs outsourcing market databook
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Our clientele includes a mix of medical affairs outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical affairs outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical affairs outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical affairs outsourcing market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Affairs Outsourcing Market Outlook Share, 2022 & 2030 (US$M)
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