Healthcare Patent Filing Outsourcing Market Players: Dennemeyer, Powell Gilbert, Bristows, And Hoyng Rokh Monegier

 Healthcare Patent Filing Outsourcing Industry Overview

The global healthcare patent filing outsourcing market size was estimated at 1.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2021 to 2028. Rising need for a cost-efficient and time-saving patent filing process is expected to augment the growth of the market. Growing innovations in medical devices and robust pharmaceutical and biopharmaceutical product pipelines will also drive the market over the forecast period. For instance, the number of healthcare Artificial Intelligence (AI) is on the rise. According to a report published by the World Intellectual Property Organization (WIPO) over 12,000 patents were filed as of 2018 in China.

The repercussions of the COVID-19 pandemic included disruption of patent filing processes across the world owing to shelter-in-place mandates. In 2020, the USPTO authorized an extension of 30 days under the CARES (Coronavirus Aid, Relief, and Economic Security) Act for patent filing processes with a due date between March 27 and April 27. On April 28, 2020, notices for additional extensions for due dates of patent and trademark matters were issued by the USPTO. In 2021, the USPTO assured the introduction of patents end-to-end (PE2E) search tool as well as the continuation of the pilot program of peer search collaboration.

Gather more insights about the market drivers, restraints and growth of the Global Healthcare Patent Filing Outsourcing Market

Several start-ups are booming in the healthcare industry with new and innovative products. This will augment the market over the forecast period. Furthermore, growth in the number of patent applications by well-established players such as Novartis, Covidien, Boston Scientific, Ethicon, Olympus Corp., etc. will also drive the demand for healthcare patent filing outsourcing over the forecast period.

In January 2020 The U.S. and China went under the Economic and Trade Agreement (Phase I). This resulted in establishing a system for patent linkage while approving generic drug products. The agreement provided patent term extensions and adjustments to recompense for unreasonable delays in granting patents as well as resolved patent disputes before generic market approval. Such government initiatives will augment the need for local healthcare patent filing outsourcing companies thereby, boosting the market growth.

Patent protection plays a significant role in the pharmaceutical industry. Drug development is a time-consuming and expensive process. Therefore, such companies need patent protection to recuperate their investments as well as earn profits. Moreover, some pharmaceutical firms also use patent protection to strengthen market position and avoid competition. The aforementioned benefits of patents for pharmaceutical firms will drive the demand for healthcare patent filing outsourcing. 


Browse through Grand View Research's Healthcare Industry Related Reports

  • Drug Delivery Devices Market - The global drug delivery devices market size was valued at USD 215.4 billion in 2019 and is anticipated to expand at a CAGR of 6.15% over the forecast period.
  • Wearable Medical Device Market - The global wearable medical device market size was valued at USD 21.3 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 28.1% from 2022 to 2030.


Healthcare Patent Filing Outsourcing Industry Segmentation

Grand View Research has segmented the global healthcare patent filing outsourcing market on the basis of domain, service, origin, and region:

Healthcare Patent Filing Outsourcing Domain Outlook (Revenue, USD Million, 2016 - 2028)

  • Medtech
  • Pharmaceutical

Healthcare Patent Filing Outsourcing Service Outlook (Revenue, USD Million, 2016 - 2028)

  • Pre-filing
  • Filing & Prosecution
  • Post Grant

Healthcare Patent Filing Outsourcing Origin Outlook (Revenue, USD Million, 2016 - 2028)

  • Resident
  • Non-resident

Healthcare Patent Filing Outsourcing Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA (Middle East & Africa)


Market Share Insights:

  • November 6, 2020: Medtronic filed a patent for a valve delivery device that got published on February 25, 2021.
  • April 17, 2020: Boston Scientific received a patent for Opticross 35 15 MHz Peripheral Imaging Catheter.

Key Companies profiled:

Some prominent players in the global Healthcare Patent Filing Outsourcing Industry include

  • Clarivate
  • ipMetrix Consulting Group
  • CRJ IPR Services LLP
  • Patent Outsourcing Limited
  • Synoptic Intellectual Patents (P) Limited
  • Dennemeyer
  • Powell Gilbert
  • Bristows
  • Hoyng Rokh Monegier
  • Carpmaels & Ransford Services Limited


Order a free sample PDF of the Healthcare Patent Filing Outsourcing Market Intelligence Study, published by Grand View Research.


About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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