Japan Medical Affairs Outsourcing Market Size & Outlook
The medical affairs outsourcing market in Japan is expected to reach a projected revenue of US$ 155.5 million by 2030. A compound annual growth rate of 16.7% is expected of Japan medical affairs outsourcing market from 2023 to 2030.
Japan medical affairs outsourcing market highlights
The Japan medical affairs outsourcing market generated a revenue of USD 46.6 million in 2022 and is expected to reach USD 155.5 million by 2030.
The Japan market is expected to grow at a CAGR of 16.7% from 2023 to 2030.
In terms of segment, medical writing & publishing was the largest revenue generating services in 2022.
Medical Science Liaisons (MSLs) is the most lucrative services segment registering the fastest growth during the forecast period.
Medical affairs outsourcing market data book summary
Market revenue in 2022
USD 46.6 million
Market revenue in 2030
USD 155.5 million
Growth rate
16.7% (CAGR from 2023 to 2030)
Largest segment
Medical writing & publishing
Fastest growing segment
Medical Science Liaisons (MSLs)
Historical data
2018 - 2021
Base year
2022
Forecast period
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Medical Writing & Publishing, Medical Monitoring, Medical Science Liaisons (MSLs), Medical Information
Key market players worldwide
IQVIA Holdings Inc, Icon PLC, The Medical Affairs Company, Syneos Health, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, SGS AG, Ashfield Healthcare, ZEINCRO Group, Indegene
Other key industry trends
In terms of revenue, Japan accounted for 2.7% of the global medical affairs outsourcing market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, India medical affairs outsourcing market is projected to lead the regional market in terms of revenue in 2030.
Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 155.5 million by 2030.
Japan is the second-largest pharmaceutical market after the U.S., which is driving the medical affairs outsourcing market within the country. Rising demand for generics due to government support and improvements in regulatory approval processes are expected to result in an increase in new entrants, thereby propelling the demand for medical affair services in the country.
The number of Medical Science Liaisons (MSLs) increased by 23% in 2017 & 2018, which is indicative of the rapid growth expected for MSLs in the country. This is the response to transformative change in the life sciences industry globally, due to patent expirations.
Novel drugs today are being targeted at niche & rare diseases where the unmet needs are high and the medical science is both complex & groundbreaking.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Medical Affairs Outsourcing Market Outlook will help companies and investors design strategic landscapes.
Medical Writing & Publishing was the largest segment with a revenue share of 41.63% in 2022.
Horizon Databook has segmented the Japan medical affairs outsourcing market based on medical writing & publishing, medical monitoring, medical science liaisons (msls), medical information covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is the second-largest pharmaceutical market after the U.S., which is driving the medical affairs outsourcing market within the country. Rising demand for generics due to government support and improvements in regulatory approval processes are expected to result in an increase in new entrants, thereby propelling the demand for medical affair services in the country.
The number of Medical Science Liaisons (MSLs) increased by 23% in 2017 & 2018, which is indicative of the rapid growth expected for MSLs in the country. This is the response to transformative change in the life sciences industry globally, due to patent expirations.
Novel drugs today are being targeted at niche & rare diseases where the unmet needs are high and the medical science is both complex & groundbreaking.
Japan Medical Affairs Outsourcing Market Services Outlook (Revenue, USD Million , 2018-2030)
Medical Writing & Publishing
Medical Monitoring
Medical Science Liaisons (MSLs)
Medical Information
Others
Japan Medical Affairs Outsourcing Market Industry Outlook (Revenue, USD Million , 2018-2030)
Pharmaceutical
Biopharmaceutical
Medical Devices
Reasons to subscribe to Medical Affairs Outsourcing Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Medical Affairs Outsourcing Market Outlook databook
Our clientele includes a mix of Medical Affairs Outsourcing Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan Medical Affairs Outsourcing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Medical Affairs Outsourcing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Medical Affairs Outsourcing Market, 2018-2030 (US$M)