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Showing posts with the label Healthcare Patent Filing Outsourcing Market Revenue

Healthcare Patent Filing Outsourcing Market To Witness A Significant Growth Of USD 1.8 Billion By 2028

  San Francisco, 5 May 2021:   The Report  Healthcare Patent Filing Outsourcing Market  Size, Share & Trends Analysis Report By Domain, By Service (Pre-filing, Filing & Prosecution, Post Grant), By Origin (Resident, Non-resident), By Region, And Segment Forecasts, 2021 - 2028 The global healthcare patent filing outsourcing market size is expected to reach USD 1.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. In-house departments of pharmaceutical and medical devices firms typically do not have sufficient time to carry out patent filing processes. Even if they do, it will be a costly option for the firms. Therefore, the market is significantly driven by the growing need for cost-saving and time-saving in patent filing processes. The market suffered a hefty decline of 2.1% in 2020 owing to the COVID-19 pandemic. Organizations such as the European Patent Off...