AI in Medical Writing Market Size, Share, By Type (Scientific Publications, Type Writing, Clinical Writing, Patient Documentation, Regulatory Writing, Health Communication, and Others) By Writing Tools (ChatGPT, Contentbot.ai, Knowledge Graphs, Jasper, Abridge, and Others), By End User (Healthcare Organizations, Pharmaceutical Industry, Medical Research Institutions, Medical Publishers, Contract Research Organizations, and Others) and By Region - Trends, Analysis and Forecast till 2034

• In 2023, AI in medical writing market was estimated to be worth USD 760.8 Billion.
• The target market is anticipated to reach USD 2367.1 billion by 2034.
• Target market is expanding at a CAGR of 13.3%

Market Overview:

AI in medical writing market is majorly driven due to rising adoption of telemedicine and remote healthcare services, increasing demand for accurate and reliable medical content. Increasing digital infrastructure, rising recognition of AI’s potential benefits in healthcare are key factors for driving growth of the market. In addition, increasing trends such as advancements in natural language processing (NLP) and machine learning (ML) algorithms, increasing adoption of ML, expansion of digital health services, and among others are another factors supporting growth of the market. However, factors like over reliance on AI, ethical concerns such as patient data privacy, high cost, etc. hamper the growth of the market.

Key Takeaways:

• North America held the largest share of the market in 2024.
• Asia Pacific is projected to be the fastest-growing market in the coming years.
• By type, type writing dominate the target market growth.
• By writing tools, ChatGPT holds the largest share of the market.
• By end user, healthcare organizations dominate the target market growth.

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Key Drivers of Target Market:

Rising Adoption of AI Writing for Quality Assurance

Accuracy is one of the important point in medical writing especially in repetitive tasks such as formatting citations and proofreading. AI enhance precision and consistency, reduces errors and gaps in medical documents and proofreading. It also offer content creation and suggestion features, generating relevant ideas, and providing structure to the writing process.

• For Instance, in June 2024, TCS released their article on the service of medical writing, in which they mentioned their independent Quality Assurance (QA) team regularly performs internal audits to ensure project quality and compliance. Additionally, they delivers high-quality documents across all clinical trial phases for drugs, biologics, medical devices, etc.

Rising Need of Efficiency Data Analysis

AI in medical writing swiftly analyzes extensive scientific literature and data, uncovering patterns, correlations, and trends which enhance the quality of the research process. AI signifies a paradigm shift towards a more data-driven and technologically advanced approach, enhancing communication as well as decision making process.

Restrains:

Rising Ethical Concerns

Using AI in medical writing raises ethical concerns regarding privacy and data security. This can include data breaches, hacking attempts, or improper use of data. In addition, unclear rules of AI have complicated legal problems for people who make, use and build AI.

• Counterbalance Statements: One of the major solutions to this problem is robust security measures and adherence to data protection regulations, such as Health Insurance Portability and Accountability Act (HIPAA) are essential. Proper safeguards must be in place to protect the data from unauthorized access or breaches.

Opportunities:

Transformation of Medical Writing Due to AI

The healthcare sector has undergone a radical transformation in recent years due to rising adoption of AI. Efficiency, accuracy, formatting of documents automatically, customize the language of generated text for target audiences, and among others benefits of AI and also new upcoming innovations boosts the growth of market in forecast period.

The market is segmented based on Type, Writing Tools, End User, and Region.

Type Insights:

On the basis of Type Ai in medical writing market is segmented into Scientific Publications, Type Writing, Clinical Writing, Patient Documentation, Regulatory Writing, Health Communication, and Others. Type writing dominate the target market growth as it is employed during whole process of product development.  

Writing Tools Insights:

The AI in medical writing market by writing tools is segmented into ChatGPT, Contentbot.ai, Knowledge Graphs, Jasper, Abridge, and Others. ChatGPT holds the largest share of the market due to widespread availability and usage, also it enables healthcare providers to make data driven decisions and improve patient outcomes.

End User Insights:

On the basis of end user AI in medical writing market is segmented into Healthcare Organizations, Pharmaceutical Industry, Medical Research Institutions, Medical Publishers, Contract Research Organizations, and Others. Healthcare Organizations dominate the target market growth due to widespread adoption of AI, AI powered medical imaging analysis tools and among others.

Regional Insights

North America: This region is expected to dominate the growth of the market during forecast period due to advanced healthcare infrastructure, high adoption of technology, increasing investment by companies, numerous pharmaceutical and biotechnology companies, and among others.   

Asia Pacific: This region is considered to be the fastest growing region in the target market as countries like China, India and many more are leading the charge significantly due to increasing healthcare expenditure, rising demand for efficient healthcare solutions, rapid technological advancements, etc.

AI in Medical Writing Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities across sub-segments from 2024 to 2034. It segments the market by Type, Writing Tools, End User, and Region.

Segmentation:

By Type:

• Scientific Publications
• Type Writing
• Clinical Writing
• Patient Documentation
• Regulatory Writing
• Health Communication
• Others

By Writing Tools:

• ChatGPT
• Contentbot.ai
• Knowledge Graphs
• Jasper
• Abridge
• Others

By End User:

• Healthcare Organizations
• Pharmaceutical Industry
• Medical Research Institutions
• Medical Publishers
• Contract Research Organizations
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating in the AI in medical writing market include Cactus Communication, CureMetrix Inc., Elsevier, Freyr, GENINVO, Parexel International Corporation, Trilogy Writing & Consulting GmbH, IQVIA, The Philips Group Oncology Communications, Inc., Medidata Solutions, John Wiley & Sons, Inc., Springer Nature, Intuitive Surgical, Dezzai, and MMS Holdings Inc.

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• In July 2024, Cognizant and Yseop, a leading AI software company, have announced a plan to partner to help accurate and scale the delivery of scientific content in the biopharma industry through generative AI. The companies are hoping to enhancing productivity in the development process and expedite the market introduction of new, life-saving treatments.  
• In June 2024, Certara Inc., a global leader in model-informed drug development, unveiled its next generation CoAuthor regulatory writing software which is an advanced writing platform designed for medical writers. 
• In March 2024, Clinicians at Stanford Health Care will soon have access to an AI-powered app that can securely listen to interactions with patients and automatically generate draft clinical notes. The app, which was recently tested in a pilot program at Stanford Health Care, harnesses ambient voice recognition technology for creating a written summary which captures essential clinical details.  

Analyst View:

The industry for AI in medical writing market is placed for substantial growth due to rising adoption of telemedicine and remote healthcare services, increasing demand for accurate and reliable medical content, increasing digital infrastructure, rising recognition of AI’s potential benefits. New innovations and development, advance technologies as well as many collaborations and partnerships helps to boost the growth of the market in upcoming years.

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• Cactus Communication
• CureMetrix Inc.
• Elsevier
• Freyr Solutions
• GENINVO
• Parexel International Corporation
• Trilogy Writing & Consulting GmbH
• IQVIA
• The Philips Group Oncology Communications, Inc.
• Medidata Solutions
• John Wiley & Sons, Inc.,
• Springer Nature
• Intuitive Surgical
• Dezzai
• MMS Holdings Inc.