U.S. Medical Writing Market Size & Outlook, 2023-2030
U.S. medical writing market, 2018-2030 (US$M)
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U.S. medical writing market highlights
- The U.S. medical writing market generated a revenue of USD 1,332.9 million in 2023 and is expected to reach USD 2,520.4 million by 2030.
- The U.S. 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 1,332.9 million |
| Market revenue in 2030 | USD 2,520.4 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, U.S. accounted for 31.9% 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 North America, U.S. medical writing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 262.7 million by 2030.
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Medical Writing Market Scope
Medical Writing Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 39.95% in 2023. Horizon Databook has segmented the U.S. medical writing market based on clinical writing, regulatory writing, scientific writing covering the revenue growth of each sub-segment from 2018 to 2030.
Regulatory writing is one of the services provided in medical writing. It includes generating various clinical documents that describe the treatment lifecycle, ranging from reporting clinical trial data to preparing postapproval reports about the use of treatment in patients.
Medical writers are expected to meet regulatory requirements and adhere to guidelines, including International Conference on Harmonisation (ICH) Good Clinical Practice (GCP) guidelines. High number of clinical studies being carried out increases the demand for medical writers and is expected to drive the U.S. medical writing market during the forecast period.
For instance, in February 2020, there were about 330,113 clinical studies registered on clinical trial databases, out of which 111,640 were registered in the U.S. There are professional organizations setup for medical writers. For instance, in the U.S., the American Medical Writers Association (AMWA) acts as a platform for editors, writers, and other communicators of medical information.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. medical writing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical writing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical writing market size, by type, 2018-2030 (US$M)
U.S. Medical Writing Market Outlook Share, 2023 & 2030 (US$M)
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