Global Medical Writing Market to Accrue Substantial Growth Over 2027

June 17, 2020

According to the research report titled ‘Medical Writing Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type; Application; End User available with Market Study Report, global medical writing market is expected to witness tremendous growth during the forecast period.

For the record, medical writing is a medium of communication of scientific and clinical data and information to wide range of audiences. The writers combine their expertise in research and science with the knowledge and understanding of how to present information and pitch it correctly to the targeted audience.

With reference to the type, the global medical writing market is segmented into clinical writing, scientific writing, regulatory writing, and others.  The clinical writing segment was valued to have the largest share in 2018, cites the report.

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Based on the applications, the industry is categorized as medical journalism, medico marketing, medical education, and others. With regards to the end user, the market is classified into Biotechnology companies, contract research organizations (CROs), and Pharmaceutical.

According to the regional outlook, the market is segmented as North America, Europe, Asia Pacific (APAC), South America, and the Middle East and Africa (MEA). In 2018, North America held the largest market share which was followed by Europe and Asia Pacific. The major contributors for North America medical writing market are the US, Canada, and Mexico.

The outbreak of pandemic COVID-19 started in Wuhan (China) and spread across the globe rapidly. The most affected nations include China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US. The virus has had adverse effect on the economies due to travel bans, lockdowns, and temporary shutdown of businesses. The global consumer industry is facing major disturbances like office shutdowns, creation composes breaks, and breaks in storing up because of lockdown.

Parexel International Corporation., Consultancy GMBH, Siro Clinpharm Private Limited, Synchrogenix, Cactus Communications, and Triology Writing, Quanticate, Certara, Inclin Inc., Covance, Freyr Solutions, and are among the major players in the global medical writing market.

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