UK Medical Writing Market Size & Outlook, 2023-2030
UK medical writing market, 2018-2030 (US$M)
Related Markets
UK medical writing market highlights
- The UK medical writing market generated a revenue of USD 245.8 million in 2023 and is expected to reach USD 536.3 million by 2030.
- The UK market is expected to grow at a CAGR of 11.8% 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 245.8 million |
| Market revenue in 2030 | USD 536.3 million |
| Growth rate | 11.8% (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, UK accounted for 5.9% 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 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 |
|---|
UK 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 37.18% in 2023. Horizon Databook has segmented the UK medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
Rising investment has resulted in increase in the number of new trials and patient recruitment. According to the National Institute for Health Research (NIHR), the highest patient participation rate of around 870,000 was noted in 2019.
Moreover, according to NIHR, the number of new studies during 2018-19 was 2,194, making the number of ongoing trials in 2019 to reach 6,106, which is highest to date. An increase in clinical trials results in high demand for scientific and regulatory documentation, which is expected to drive the UK medical writing market during the forecast period.
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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 UK medical writing market , including forecasts for subscribers. This country databook contains high-level insights into UK medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical writing market size, by type, 2018-2030 (US$M)
UK Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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