Vendor Landscape
The market structure is expected to remain fragmented during the forecast period. Vendors are deploying growth strategies such as service delivery innovation and acquiring high-quality medical publishing products to compete in the market.
American Medical Association, Australasian Medical Publishing Co. Proprietary Ltd., Charlesworth Publishing Services Ltd., Crimson Interactive Pvt. Ltd., EBSCO Industries Inc., Hearst Communications Inc., Informa Plc, International Business Machines Corp., John Wiley and Sons Inc., and OMICS International Pvt. Ltd., among others are some of the few key vendors competing to maintain their market position in the market. The key news of some of these vendors is mentioned below:
- In June 2021, International Business Machines Corp. acquired Turbonomic Inc., an Application Resource Management (ARM) and Network Performance Management (NPM) software provider.
- In March 2021, John Wiley and Sons Inc. partnered with NUS Advanced Computing For Executives to launch a global certification program aimed to close the technology skills gap.
View more about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings.
Key Market Segmentation
- Segmentation by Product:
- Journals:
- The journals segment contributed largely to the overall market growth in 2020.
- Medical journals are peer-reviewed scientific journals that share medical information with physicians and other medical professionals. They are the major tool for communicating medical information. This segment is observing strong growth due to the increase in the number of clinical trials and the growth of scientific and medical research.
- E-books
- Print books
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Regional Market Outlook
North America will contribute to 46% of the market growth during the forecast period. The growth of this region can be attributed to the increasing prevalence of diseases across the world. Market growth in this region will be slower than the growth of the market in APAC. If we look at the country-wise market growth, the US will contribute the highest market growth.
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Latest Trends and Drivers in Medical Publishing Market
- Market Driver:
- Rise in digital publishing:
Digital publishing has many advantages, such as adding source links to articles and instant availability of medical articles. Digital medical journals use graphical abstracts for a visual summary of the main findings of publications. They provide new ways of presenting medical research and ease the way of accessing research journals at medical conferences. These factors are increasing the adoption of digital publishing among medical researchers and publishers.
- Market Trend:
- Transition towards the OA publication model:
OA is a method of providing unlimited access to books, articles, and publications online to users free of cost. This model has advantages such as knowledge enhancement, improved patient care, and access to information about new developments. Hence, the adoption of this model is rising more than the subscription-based model. These factors will result in the growth of the OA model in medical publishing during the forecast period.
Find additional information about various other market drivers & trends mentioned in our FREE sample report.
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Medical Publishing Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 2.16% |
Market growth 2021-2025 |
USD 1.14 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.03 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 46% |
Key consumer countries |
US, UK, China, Japan, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
American Medical Association, Australasian Medical Publishing Co. Proprietary Ltd., Charlesworth Publishing Services Ltd., Crimson Interactive Pvt. Ltd., EBSCO Industries Inc., Hearst Communications Inc., Informa Plc, International Business Machines Corp., John Wiley and Sons Inc., and OMICS International Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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