India Medical Writing Market Size & Outlook, 2023-2030
India medical writing market, 2018-2030 (US$M)
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India medical writing market highlights
- The India medical writing market generated a revenue of USD 332.3 million in 2023 and is expected to reach USD 750.4 million by 2030.
- The India market is expected to grow at a CAGR of 12.3% 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 332.3 million |
| Market revenue in 2030 | USD 750.4 million |
| Growth rate | 12.3% (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, India accounted for 8.0% 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 Asia Pacific, China medical writing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 750.4 million by 2030.
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Medical Writing Market Scope
Medical Writing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 36.59% in 2023. Horizon Databook has segmented the India medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian pharmaceutical industry is growing at a significant rate over the last decade. In addition, the contract research market is growing lucratively. Medical writing is expected to witness significant growth owing to increasing need for good quality documents. This is will benefit the timely drug approvals and assist in understanding if the required competencies are obtainable in the country.
Medical writing in India is currently focused on health journalism, academic medical writing, and medical communications, but the demand for regulatory writing is rising. Majority of pharmaceutical giants are dominant in the western region, but India is considered for outsourcing clinical research owing to compliance with international standards and availability of cheap labor.
English being the business language and availability of skilled research professionals are other factors responsible for rapid market growth. Lack of proper experience, high training cost, and confidentiality of data are factors posing major threat to the Indian market.
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Our clientele includes a mix of medical writing market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India medical writing market , including forecasts for subscribers. This country databook contains high-level insights into India medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medical writing market size, by type, 2018-2030 (US$M)
India Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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