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Medical Affairs Outsourcing Market Size, Forecast to 2027 - COVID-19 Impact and Global Analysis By Indegene, Excelya, UDG Healthcare plc.
The medical affairs outsourcing market was valued at US$ 1,415.00 million in 2019 and is projected to reach US$ 3,287.12 million by 2027; it is expected to grow at a CAGR of 11.2% from 2020 to 2027.Medical affairs are playing a vital role in current pharmaceutical, medical device and biotechnology companies. Moreover, these services are witnessing an expansion in both earlier (pre-production) as well as later stages (post-production) of medical products. Medical affairs outsourcing services helps the original equipment manufacturing (OEM) companies with flexible and scalable solutions that help them utilize strategic management, resource components, and healthcare personnel resources.
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Top Leading companies like
ICON PLC
IQVIA Inc
Syneos Health
WuXi AppTec
SGS SA
PPD Inc
PAREXEL INTERNATIONAL CORPORATION
Indegene
Excelya
UDG Healthcare plc.
By Service
Medical Writing and Publishing
Medical Science Liaisons (MSLs)
Medical Information
Medical Monitoring
Others
By Application
Pharmaceuticals
Medical Devices
Biopharmaceutical
The medical affairs outsourcing market is segmented on the basis of services, application, and region. The market, based on region, is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the medical affairs outsourcing market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.
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