- The key vendors in the global medical publishing market 2015-2019 are Informa plc, John Wiley & Sons Inc., Reed Elsevier plc, Springer Science+Business Media, Truven Health Analytics Inc., and Wolters Kluwer N.V.
London, 12 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global medical publishing market 2015-2019. The increase in collaboration between research authors is a key trend observed in this market. Collaboration between authors is facilitated by factors such as the increased use of internet based services, and strong alliances between institutions. Other factors such as foreign education programs and low cost of air travel facilitate growth of this market. The global medical publishing market is expected to grow at a CAGR of 0.68% during the forecast period of 2014-2019.
A major driver that enhances growth of this market is the shift from print to digital publishing. The digital medical publishing market is expected to grow rapidly with time. In the digital publishing sector, E-books take up a majority of the total market share and its growth is expected to compensate for the losses in the traditional publishing segment.
“China had the highest growth in research output in the period 2011-2015, and the majority of medical articles published there were non-English. On the other hand, the US, where the majority of world’s English-language publications come from, is showing a decline,” says Faisal Ghaus, Vice President of Technavio Research.
“The majority of these non-English publications are from developing countries with emerging markets, where high growth is expected. This will increase the number of regional-language publications.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
