North America Medical Writing Market Size & Outlook
North America medical writing market, 2018-2030 (US$M)
Related Markets
North America medical writing market highlights
- The North America medical writing market generated a revenue of USD 1,464.7 million in 2023.
- The market is expected to grow at a CAGR of 9.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,464.7 million |
| Market revenue in 2030 | USD 2,783.1 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Clinical writing |
| Fastest growing segment | Regulatory Writing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 35.1% of the global medical writing market in 2023.
- 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 2,873.7 million by 2030.
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Medical Writing Market Scope
Medical Writing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 39.71% in 2023. Horizon Databook has segmented the North America medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
The North America market is witnessing high number of clinical trials and approval of new drugs. The adverse events regarding postmarking of medical devices were also observed in the region, followed by implementation of an action plan by concerned regulatory agencies.
Moreover, regulatory agencies have made it mandatory for manufacturers to publicly declare clinical information during drug submissions and medical device applications to increase awareness about drug and device-induced adverse events.
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Target buyers of North America 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 continent-level data and insights on the North America medical writing market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America medical writing market size, by country, 2018-2030 (US$M)
North America Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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