6-artificial-intelligence-in-medical-writing-market

1. AI in Medical Writing Market Size by Research Nester Reveals the Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2025 Research Nester assesses the growth and market size of global AI in medical writing market which is anticipated to be on account of the rising demand for artificial intelligence-related developments in the healthcare field. Research Nester’s recent market research analysis on “AI in Medical Writing Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and a detailed overview of the global AI in medical writing market in terms of market segmentation by type, deployment mode, end use and by region. Increase in the Rate of Adoption of Artificial Intelligence in Healthcare to Promote Global Market Share of AI in Medical Writing As per Statista January 2024, AI in healthcare was valued at over USD 11 billion in 2021. Furthermore, Statista surveyed in 2021 the adoption stage of the application of AI models in healthcare data. 78% of healthcare establishments in the developed stage of AI adoption, and 80% in the early stage used structured data from relational databases for their AI applications. Natural language text was the second most common data type used. As healthcare organizations increasingly adopt AI, particularly in processing structured data and natural language texts, demand for AI tools that can handle a vast number of medical records also increases. This shift boosts the need for advanced AI in medical writing, where natural language processing can automate and improve the efficiency of documentation, reporting, and compliance. Request Report Sample@ https://www.researchnester.com/sample-request-6614 Some of the major growth factors and challenges that are associated with the growth of the global AI in medical writing market are: Growth Drivers: •Rising demand for productivity and cost reduction •Technological advancements Challenges: Accuracy and regulatory compliance are two significant challenges faced by the AI in medical writing market players. While AI tools can efficiently process and generate medical

2. documents, the complexity of medical language, varying regulations across regions, and the need for precise terminology pose risks. Errors in interpretation or language could lead to inaccurate documentation, affecting patient care and regulatory approvals. Ensuring that AI tools are consistently updated with medical standards and reviewed by human experts remains a critical hurdle in the market. Access our detailed report at: https://www.researchnester.com/reports/artificial-intelligence-in-medical-writing- market/6614 By type, the global AI in medical writing market is segmented into clinical writing, regulatory writing, patient documentation, and scientific writing. The clinical writing segment is anticipated to garner the highest revenue by the end of 2037 by growing at a significant CAGR over the forecast period. In February 2023, Abridge, leading the generative AI for clinical documentation, raised USD 150 million in a Series C funding round in early 2024 to enhance its generative AI platform. The company focuses on increasing the speed and accuracy of medical note-taking, allowing physicians to streamline clinical documentation. These increasing investments and R&D activities are projected to boost the segment’s growth in the upcoming years, leading to significant market expansion. By region, Europe AI in medical writing market is projected to generate a considerable revenue by the end of 2037. According to the 12th European Medical Writers Association (EMWA) symposium, May 2024, entitled AI in Medical Writing, concluded that generative AI can bring an estimated USD 60–100 billion value to the pharmaceutical industry annually. Furthermore, with stringent EU regulations and a focus on compliance, AI tools are helping reduce manual workloads and improve the quality of medical content across the continent. The local companies are also leveraging AI, particularly in NLP for regulatory submissions, and patient records. These factors are hence driving the region’s market growth notably. This report also provides the existing competitive scenario of some of the key players of the market, including Artos, Cactus Communications, CureMetrix, Inc., Elsevier, Epic Systems Corporation, Freyr, and others. Request for customization @ https://www.researchnester.com/customized-reports-6614 Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy,

3. expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919