Market revenue in 2023 | USD 377.0 million |
Market revenue in 2030 | USD 811.0 million |
Growth rate | 11.6% (CAGR from 2023 to 2030) |
Largest segment | Clinical writing |
Fastest growing segment | Regulatory Writing |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Clinical Writing, Regulatory Writing, Scientific Writing |
Key market players worldwide | PAREXEL, Indegene, FREYR Battery Inc, Cactus Inc Class A, Labcorp Drug Development, IQVIA Holdings Inc, Certara Inc Ordinary Shares |
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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 writing market will help companies and investors design strategic landscapes.
Clinical writing was the largest segment with a revenue share of 37.48% in 2023. Horizon Databook has segmented the China medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
The medical writing market only gained momentum a few years ago after being recognized as an emerging profession. The increasing need for bilingual workforce led to market growth in China. China is consistent in its growth in the medical writing market due to the presence of abundant translators and medical reporters.
Language barrier and the shortage of certified medical writers in the country act as a major threat for the medical writing market in the country. However, training services are being provided to existing medical writers to overcome these threats and improve the quality of writing.
CTDs are being implemented by the China Food and Drug Administration (CFDA), which is expected to drive demand for medical writers in the country. According to pharmaceutical-tech, China has about 50 to 100 qualified medical writers as present and this number is expected to increase in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the China medical writing market , including forecasts for subscribers. This country databook contains high-level insights into China medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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