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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388080
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388080
AI in Medical Writing Market Share, Size, Trends, Industry Analysis Report, By Type (Scientific Writing, Clinical Writing, Type Writing), By End-use (Medical Devices, Pharmaceutical, Biotechnology), By Region, And Segment Forecasts, 2023 - 2032
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PAGES: 118 Pages
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The global AI in medical writing market size is expected to reach USD 2,072.30 million by 2032, according to a new study by Polaris market research. The report "AI in Medical Writing Market Share, Size, Trends, Industry Analysis Report, By Type (Scientific Writing, Clinical Writing, Type Writing), By End-use (Medical Devices, Pharmaceutical, Biotechnology), By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing acceptance of machine learning, particularly Artificial Intelligence (AI), in the healthcare industry is a key driver of market expansion. AI-powered solutions have shown significant potential in improving patient care, diagnostic accuracy, drug discovery, and treatment outcomes, leading to increased adoption by healthcare providers and pharmaceutical companies.
Additionally, the rising demand to reduce healthcare expenditures and the increasing R&D investments by pharmaceutical companies to optimize their processes and reduce costs are driving the market growth. AI-powered medical writing tools and solutions offer the potential to streamline various tasks, increase efficiency, and minimize manual efforts, ultimately leading to cost savings for healthcare organizations and pharmaceutical firms.
During the COVID-19 pandemic, many pharmaceutical companies faced budgetary limitations due to economic uncertainties and healthcare system strain. As a result, they had to reevaluate their spending, including investments in research and development. This led to a reduction in R&D budgets and potentially affected their investment in traditional medical writing resources.
In response to the pandemic's challenges and the growing demand for innovative therapies, medical device, biotechnology, and life science companies recognized the need to invest in medical writers. They saw the potential of AI-powered medical writing tools to streamline and enhance the efficiency of the medical writing process. AI-driven solutions could help medical writers generate accurate and reliable reports, conduct literature reviews faster, and facilitate data extraction and summarization, all of which were essential during the pandemic.
As a result, there was an increasing intention among healthcare companies to boost their investment in AI-powered medical writing solutions to address the evolving demands of the healthcare industry during the COVID-19 pandemic and beyond. This increasing demand for AI in the healthcare industry was driven by the need for innovative and efficient solutions to cope with the challenges posed by the pandemic and to accelerate the development and dissemination of critical medical information.
AI in Medical Writing Market Report Highlights
Typewriting segment held the largest share, as it is compulsory to submit all regulatory document requirements to the agencies, and maintenance of electronic health records
Pharmaceutical segment holds the largest share, as drug approval process requires several regulatory filings, documentation, and electronic records of clinical trials
North holds the largest share, owing to presence of companies engaged in regulatory films with innovative services, and increasing investments on drug trials
The global key market players include: Parexel International, Trilogy Writing & Consulting, Freyr, Cactus Communications, and GENINVO.
Polaris market research has segmented the AI in medical writing market report based on type, end use, and region:
AI in Medical Writing, Type Outlook (Revenue - USD Million, 2023 - 2032)
- Clinical Writing
- Type Writing
- Scientific Writing
- Others
AI in Medical Writing, End Use Outlook (Revenue - USD Million, 2023 - 2032)
- Medical Devices
- Pharmaceutical
- Biotechnology
- Others
AI in Medical Writing, Regional Outlook (Revenue - USD Million, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM3774
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global AI in Medical Writing Market Insights
- 4.1. AI in Medical Writing Market - Industry Snapshot
- 4.2. AI in Medical Writing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising investment in research and development activities
- 4.2.1.2. Rapid Technological Advancements
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Data security and privacy issues
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. AI in Medical Writing Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global AI in Medical Writing Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global AI in Medical Writing, by Type, 2019-2032 (USD Million)
- 5.3. Clinical Writing
- 5.3.1. Global AI in Medical Writing Market, by Clinical Writing, by Region, 2019-2032 (USD Million)
- 5.4. Type Writing
- 5.4.1. Global AI in Medical Writing Market, by Type Writing, by Region, 2019-2032 (USD Million)
- 5.5. Scientific Writing
- 5.5.1. Global AI in Medical Writing Market, by Scientific Writing, by Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global AI in Medical Writing Market, by Others, by Region, 2019-2032 (USD Million)
6. Global AI in Medical Writing Market, by End Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 6.3. Medical Devices
- 6.3.1. Global AI in Medical Writing Market, by Medical Devices, by Region, 2019-2032 (USD Million)
- 6.4. Pharmaceutical
- 6.4.1. Global AI in Medical Writing Market, by Pharmaceutical, by Region, 2019-2032 (USD Million)
- 6.5. Biotechnology
- 6.5.1. Global AI in Medical Writing Market, by Biotechnology, by Region, 2019-2032 (USD Million)
- 6.6. Others
- 6.6.1. Global AI in Medical Writing Market, by Others, by Region, 2019-2032 (USD Million)
7. Global AI in Medical Writing Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. AI in Medical Writing Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. AI in Medical Writing Market - North America
- 7.3.1. North America: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.3.2. North America: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.3.3. AI in Medical Writing Market - U.S.
- 7.3.3.1. U.S.: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.3.4. AI in Medical Writing Market - Canada
- 7.3.4.1. Canada: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.3.4.2. Canada: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4. AI in Medical Writing Market - Europe
- 7.4.1. Europe: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.2. Europe: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.3. AI in Medical Writing Market - UK
- 7.4.3.1. UK: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.3.2. UK: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.4. AI in Medical Writing Market - France
- 7.4.4.1. France: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.4.2. France: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.5. AI in Medical Writing Market - Germany
- 7.4.5.1. Germany: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.5.2. Germany: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.6. AI in Medical Writing Market - Italy
- 7.4.6.1. Italy: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.6.2. Italy: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.7. AI in Medical Writing Market - Spain
- 7.4.7.1. Spain: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.7.2. Spain: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.8. AI in Medical Writing Market - Netherlands
- 7.4.8.1. Netherlands: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.4.9. AI in Medical Writing Market - Russia
- 7.4.9.1. Russia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.4.9.2. Russia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5. AI in Medical Writing Market - Asia Pacific
- 7.5.1. Asia Pacific: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.3. AI in Medical Writing Market - China
- 7.5.3.1. China: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.3.2. China: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.4. AI in Medical Writing Market - India
- 7.5.4.1. India: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.4.2. India: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.5. AI in Medical Writing Market - Malaysia
- 7.5.5.1. Malaysia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.6. AI in Medical Writing Market - Japan
- 7.5.6.1. Japan: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.6.2. Japan: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.7. AI in Medical Writing Market - Indonesia
- 7.5.7.1. Indonesia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.5.8. AI in Medical Writing Market - South Korea
- 7.5.8.1. South Korea: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.6. AI in Medical Writing Market - Middle East & Africa
- 7.6.1. Middle East & Africa: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.6.3. AI in Medical Writing Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.6.4. AI in Medical Writing Market - UAE
- 7.6.4.1. UAE: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.6.4.2. UAE: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.6.5. AI in Medical Writing Market - Israel
- 7.6.5.1. Israel: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.6.5.2. Israel: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.6.6. AI in Medical Writing Market - South Africa
- 7.6.6.1. South Africa: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.7. AI in Medical Writing Market - Latin America
- 7.7.1. Latin America: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.7.2. Latin America: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.7.3. AI in Medical Writing Market - Mexico
- 7.7.3.1. Mexico: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.7.4. AI in Medical Writing Market - Brazil
- 7.7.4.1. Brazil: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- 7.7.5. AI in Medical Writing Market - Argentina
- 7.7.5.1. Argentina: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Cactus Communications
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Freyr
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. GENINVO
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Parexel International
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Trilogy Writing & Consulting
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
Product Code: PM3774
List of Tables
- Table 1 Global AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 2 Global AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 3 AI in Medical Writing Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 5 North America: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 6 U.S.: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 7 U.S.: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 8 Canada: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 9 Canada: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 10 Europe: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 11 Europe: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 12 UK: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 13 UK: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 14 France: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 15 France: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 16 Germany: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 17 Germany: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 18 Italy: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 19 Italy: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 20 Spain: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 21 Spain: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 22 Netherlands: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 23 Netherlands: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 24 Russia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 25 Russia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 26 Asia Pacific: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 27 Asia Pacific: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 28 China: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 29 China: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 30 India: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 31 India: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 32 Malaysia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 33 Malaysia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 34 Japan: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 35 Japan: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 36 Indonesia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 37 Indonesia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 38 South Korea: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 39 South Korea: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 44 UAE: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 45 UAE: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 46 Israel: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 47 Israel: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 48 South Africa: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 49 South Africa: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 50 Latin America: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 51 Latin America: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 52 Mexico: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 53 Mexico: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 54 Brazil: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 55 Brazil: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
- Table 56 Argentina: AI in Medical Writing Market, by End Use, 2019-2032 (USD Million)
- Table 57 Argentina: AI in Medical Writing Market, by Type, 2019-2032 (USD Million)
List of Figures
- Figure 1 Global AI in Medical Writing Market, 2019-2032 (USD Million)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by End Use
- Figure 7 Global AI in Medical Writing Market, by End Use, 2022 & 2032 (USD Million)
- Figure 8 Market by Type
- Figure 9 Global AI in Medical Writing Market, by Type, 2022 & 2032 (USD Million)
- Figure 10 AI in Medical Writing Market Assessment, By Geography, 2019-2032 (USD Million)
- Figure 11 Strategic Analysis - AI in Medical Writing Market
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