MAOM report forecasts a growth rate of 10.4 % by 2026

A recent research report on “Medical affairs outsourcing market” (MAOM) anticipates a growth at a rate of 10.4 % by 2026. Transformation in medical education, rising number of clinical trials and rare diseases are among key factors propelling the medical affairs outsourcing market.  MAOM services is inclusive of medical writing and publishing which held the largest share of global market, accounting to about 35.0% in 2018. Big pharma companies are outsourcing their clinical data management to professional medical writing and publishing services. Increase in diverse pharmacy products being launched has led to an increase in demand for professional medical writers.

Source: Grand View Research, Inc

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