Mexico Medical Writing Market Size & Outlook, 2023-2030
Mexico medical writing market, 2018-2030 (US$M)
Related Markets
Mexico medical writing market highlights
- The Mexico medical writing market generated a revenue of USD 37.5 million in 2023 and is expected to reach USD 70.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.5% 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 37.5 million |
| Market revenue in 2030 | USD 70.8 million |
| Growth rate | 9.5% (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, Mexico accounted for 0.9% 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 Latin America, Brazil medical writing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 70.8 million by 2030.
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Medical Writing Market Scope
Medical Writing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 36.53% in 2023. Horizon Databook has segmented the Mexico 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 in Mexico is growing due to availability of cheap and abundant labor. However, Spanish is the required language for the documentation of clinical trials, medical devices, and medicines, which acts as a barrier for non-Spanish speakers. Mexico is favored by the pharmaceutical companies due to its proximity to the U.S. border. Thus, the country has seen a steep rise of English speakers and writers.
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Target buyers of Mexico medical writing market databook
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Our clientele includes a mix of medical writing 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical writing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical writing market size, by type, 2018-2030 (US$M)
Mexico Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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