Medical Affairs Outsourcing Market is driven by Growing Burden of Chronic Diseases
The Medical Affairs Outsourcing Market involves contract research organizations providing various strategic and operational medical services including medical information, medical communications, medical monitoring, pharmacovigilance, clinical trial services, regulatory consulting and drug safety to pharmaceutical and biotechnology companies.
With growing prevalence of chronic diseases and increasing R&D activities, outsourcing medical affairs functions has helped pharmaceutical companies to stay competitive. Medical affairs outsourcing helps companies focus on core competencies while ensuring delivery of best-in-class medical services.
The Global Medical Affairs Outsourcing Market is estimated to be valued at USD 2.60 Bn in 2025 and is expected to exhibit a CAGR of 12.5% over the forecast period of 2025 to 2032.
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