MarkNtel Advisors Research Analyses that Global Medical Affairs Outsourcing Market size was valued at around USD 2.2 billion in 2024 and is projected to reach USD 4.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 14% during the forecast period, i.e., 2025-30.
Which are the top companies operating in the Medical Affairs Outsourcing Market?
IQVIA, ICON plc, Syneos Health, The Medical Affairs Company, Ashfield Medical Communications, Wuxi Clinical, Thermo Fisher Scientific, Indegene, SGS SA, Parexel, Charles River Associates, Inizio Medical, Medpace, Biomapas, Excelya, and others
Competitive Landscape and Medical Affairs Outsourcing Market Share Analysis:
The competitive landscape of the Medical Affairs Outsourcing market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Medical Affairs Outsourcing market, segment market potential, RD investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.
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Research Scope and Market Categories:
By Services
- Medical Writing Publishing - Market Size Forecast 2020-2030, USD Million
- Medical Monitoring - Market Size Forecast 2020-2030, USD Million
- Medical Science Liaisons - Market Size Forecast 2020-2030, USD Million
- Medical Information - Market Size Forecast 2020-2030, USD Million
- Others - Market Size Forecast 2020-2030, USD Million
By End-User Industry
- Pharmaceuticals - Market Size Forecast 2020-2030, USD Million
- Biotechnology - Market Size Forecast 2020-2030, USD Million
- Medical Devices - Market Size Forecast 2020-2030, USD Million
- Therapeutic Medical Devices - Market Size Forecast 2020-2030, USD Million
- Diagnostic Medical Devices - Market Size Forecast 2020-2030, USD Million
- Others- Market Size Forecast 2020-2030, USD Million
By Operational Model
- Full-Service Outsourcing - Market Size Forecast 2020-2030, USD Million
- Functional Outsourcing - Market Size Forecast 2020-2030, USD Million
- Partial/Task-Based Outsourcing - Market Size Forecast 2020-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East Africa
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Which are the driving factors of the Medical Affairs Outsourcing Market?
Increasing Number of Clinical Trials Across the World – The number of clinical trials has been continuously increasing across the world. This is because of the need to check the functionality and side effects of various drugs on the patients. For instance, as per the WHO, around 23,768 clinical trials were noted in China in 2023, which makes it the top country holding approximately 21.25% of the global clinical trials. Medical affairs play a major role in navigating these clinical trials towards success through their perfect scientific knowledge, stakeholder engagement, and ensuring compliance with the regulations. Therefore, the high number of clinical trials has further increased the use of medical affairs as they help life science companies bring new, safe, and effective solutions for patients, and this trend is expected to continue in the forecast period as well.
Key Report Highlights:
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Comprehensive Table of Contents Medical Affairs Outsourcing Market Analysis and Forecast (2025-2030)
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Research Methodology
- Overview of Methodological Approaches
- Study Objectives
- Foundational Methodology
- Scope Definition
- Key Assumptions and Limitations
- Forecasting Approach
- Macroeconomic Outlook
- Medical Affairs Outsourcing Market Porters Five Forces Analysis
- Medical Affairs Outsourcing Market Supply Chain Analysis
- Medical Affairs Outsourcing Market Trends Insights
- Medical Affairs Outsourcing Market Dynamics
- Drivers
- Challenges
- Medical Affairs Outsourcing Market Growth Opportunities Hotspots
- Medical Affairs Outsourcing Market Policy Regulations
- Medical Affairs Outsourcing Market Pricing Analysis
- Medical Affairs Outsourcing Market Outlook, 2020-2030F
- Market Size Outlook
- Revenues (USD Million)
- Units Sold
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