Germany Medical Writing Market Size & Outlook, 2023-2030
Germany medical writing market, 2018-2030 (US$M)
Related Markets
Germany medical writing market highlights
- The Germany medical writing market generated a revenue of USD 280.1 million in 2023 and is expected to reach USD 573.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, clinical writing was the largest revenue generating type in 2023.
- Regulatory Writing is the most lucrative type segment registering the fastest growth during the forecast period.
Medical writing market data book summary
| Market revenue in 2023 | USD 280.1 million |
| Market revenue in 2030 | USD 573.8 million |
| Growth rate | 10.8% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 6.7% of the global medical writing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical writing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 536.3 million by 2030.
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Medical Writing Market Scope
Medical Writing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany medical writing 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 writing market will help companies and investors design strategic landscapes.
Clinical writing was the largest segment with a revenue share of 36.52% in 2023. Horizon Databook has segmented the Germany medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
The number of clinical trial initiations is high in Germany due to increasing R&D activities. For instance, according to a report published by the Association of the British Pharmaceutical Industry (ABPI), the number of phase lll clinical trials initiated in 2017 in Germany was 243, which is highest among all the European countries.
According to Eurostat, Germany invests over 3% of its GDP in R&D activities as compared to the UK, which invests only 1.5% of its GDP. These factors are expected to increase the demand for medical writing services in the country, which is likely to boost market growth.
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Our clientele includes a mix of medical writing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany medical writing market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany medical writing market size, by type, 2018-2030 (US$M)
Germany Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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