What Is The Overview Of The Global Artificial Intelligence (AI) In Medical Writing Market?
Artificial intelligence (AI) in medical writing refers to the application of intelligence technologies to streamline and enhance the process of creating medical documents, such as research papers, clinical trial reports, regulatory submissions, patient information leaflets, and other healthcare-related content. AI enhances efficiency, accuracy, and accessibility in medical writing tasks, contributing to advancements in medical research and healthcare delivery.
Artificial Intelligence (AI) In Medical Writing Global Market Report 2024 provides data on the global artificial intelligence (ai) in medical writing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The artificial intelligence (ai) in medical writing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Artificial Intelligence (AI) In Medical Writing Market Expected To Grow In Size And Annual Rates?
The artificial intelligence (AI) in medical writing market has grown rapidly, rising from $0.79 billion in 2023 to $0.91 billion in 2024 at a CAGR of 15.2%. Historical growth factors include an increase in outsourcing to contract research organizations, rising costs of medical writing, complex regulatory approvals, and the growing need for accurate and reliable medical content. This market is expected to grow further to $1.62 billion by 2028 at a CAGR of 15.3%, driven by expanding digital healthcare infrastructure, growing adoption of telemedicine, and the benefits AI offers to the healthcare sector. Key trends include advancements in natural language processing (NLP) and machine learning (ML), the rise of digital health services, and the integration of AI with emerging technologies to improve clinical decision support systems.
What Main Forces Are Fueling Expansion In The Artificial Intelligence (AI) In Medical Writing Market?
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What Are The Primary Segments In The Global Artificial Intelligence (AI) In Medical Writing Market?
The artificial intelligence (AI) in medical writing market covered in this report is segmented –
1) By Type: Clinical Writing, Type Writing, Scientific Writing, Other Types
2) By Application: Regulatory Documentation, Automated Literature Review, Language Translation, Pharmacovigilance, Content Modularization
3) By End Use: Medical Devices, Pharmaceutical, Biotechnology, Other End Users
Which Key Trends Are Driving Changes In The Artificial Intelligence (AI) In Medical Writing Market?
Leading companies in the AI-powered medical writing market are prioritizing advanced solutions, such as AI-assisted drafting, to improve the efficiency and precision of document preparation and management for regulatory submissions and medical communications. AI-assisted drafting employs artificial intelligence algorithms to automatically create initial drafts or outlines by leveraging machine learning and natural language processing to streamline content creation tasks. For example, in June 2024, TrialAssure, a pharmaceutical technology provider based in the US, launched TrialAssure LINK AI 2.0. This updated solution enables pharmaceutical and biotechnology firms, clinical research organizations, and service providers to efficiently produce regulatory and medical writing documents. The platform automates the drafting process through to the final approval stages, simplifying the entire documentation process.
What Is The Leading Region In The Artificial Intelligence (AI) In Medical Writing Market?
North America was the largest region in the artificial intelligence (AI) in medical writing market in 2023. The regions covered in the artificial intelligence (AI) in medical writing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
