AI in Medical Writing Market Analysis

  • Report ID: 6614
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

AI in Medical Writing Market Analysis

 Deployment Mode (Cloud-based, On-premises)

Cloud-based segment is projected to capture AI in medical writing market share of over 57.7% by 2037. This is majorly due to its scalability, cost-effectiveness, and ease of access. The scalability is predominantly advantageous for variable workload handling related to medical writing, including clinical documentation or regulatory submissions volume fluctuations. Cloud-based deployment mode also supports real-time collaboration and data sharing by enabling seamless communication across various locations.

Additionally, the cloud often offers enhanced data security features, making it easier for companies to comply with strict privacy regulations while leveraging AI capabilities. In December 2023, Google Cloud launched MedLM, a generative AI regulated for the healthcare industry. The company further plans on bringing Gemini-based models into this suite, aiming to provide innovative capabilities in the upcoming years. Such developments are projected to boost the segment’s growth in the upcoming years, further boosting the market.

End use (Clinical writing, Regulatory writing, Patient documentation, Scientific writing)

Based on end-use, the pharmaceutical and biotechnology companies segment is projected to register a considerable share in the AI in medical writing market during the forecast period. The growth is majorly due to the high demand for efficient clinical trial documentation, regulatory submissions, and research publications. These companies handle large volumes of complex data and require, precise, error-free reporting to comply with regulatory standards. AI tools streamline the process by automating tasks such as drafting clinical study reports, summarizing trial data, and generating regulatory documents.

In June 2024, TrialAssure launched TrialAssure LINK AI 2.0. The updated version is designed to assist pharmaceutical, and biotechnology companies, and clinical research organizations, in generating drafts of common regulatory and medical writing documents leveraging AI technology. These developments are projected to boost the market expansion significantly. The growing emphasis on innovation and faster time-to-market for new drugs further drives AI adoption in this sector, leading to expansion in the AI in medical writing market. 

Our in-depth analysis of the global market includes the following segments:

Type

  • Clinical writing
  • Regulatory writing
  • Patient documentation  
  • Scientific writing

Deployment Mode

  • Cloud-based
  • On-premises

End use

  • Pharmaceutical and biotechnology companies
  • Medical device companies
  • Academic and research institutes
  • Other end-users 
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Author Credits:  Abhishek Verma


  • Report ID: 6614
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the AI in medical writing market was over USD 859.9 million.

The market size for the AI in medical writing market is projected to reach USD 3.84 billion by the end of 2037 expanding at a CAGR of 13.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Sanofi, Cactus Communications, NVIDIA Corporation, and others.

In terms of deployment mode segment, the cloud-based segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 39.2% by the end of 2037 and provide more business opportunities in the future.
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