Clinical Trials Market Size is Forecasted to Reach US$ 84.43 Billion by 2030

According to Precedence Research, during the forecast period of 2022 to 2030, the global clinical trials market is estimated to develop at a compound annual growth rate (CAGR) of 5.7%. The global clinical trials market was valued at USD 51.05 billion in 2021, and it is predicted to exceed USD 84.43 billion by 2030. The study investigates several elements and their consequences on the growth of the clinical trials market.

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Growth Factor

The clinical trials market is expanding because to the rising frequency of chronic disorders and the rising demand for clinical trials in developing nations. The clinical trials market is fueled by the increasing number of biologics on the market and the demand for contract research organizations to undertake clinical studies. In addition, various biotechnology and pharmaceutical companies are now conducting clinical trials for severe chronic and infectious disorders such as HIV and cancer, which will help to expand the clinical trials market.

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This report focuses on clinical trials market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall clinical trials market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Report Highlights

• Based on the phase, the phase III segment dominated the global clinical trials market in 2020 with highest market share. The fact that a phase III study covers a high number of individuals and is the most expensive phase of a trial among all segments contributes to the clinical trials market growth.
• Based on the study design, the interventional design segment dominated the global clinical trials market in 2020 with highest market share. Interventional studies account largest percentage of all investigations, with the bulk of them using medicines or biologics, followed by clinical procedure, behavioral, and device intervention studies.
• Based on the indication, the oncology segment dominated the global clinical trials market in 2020 with highest market share. The oncology is the study of tumors. Tumors have the potential to be life-threatening in a large number of individuals, necessitating the development of better and more advanced treatments for diverse forms of tumors.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of clinical trials, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of clinical trials has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the clinical trials market.

Some of the prominent players in the clinical trials market include:

• Parexel
• IQVIA
• Charles River Laboratory
• Omnicare
• Kendle
• Chiltern
• Pharmaceutical Product Development, LLC

Segments Covered in the Report

By Phase

• Phase 1
• Phase 2
• Phase 3
• Phase 4

By Study Design

• Observational
• Interventional
• Expanded Access

By Indication

• Oncology
• Autoimmune/Inflammation
• Diabetes
• Central Nervous System
• Cardiovascular
• Pain Management
• Others

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

• What can be the best investment choices for venturing into new product and service lines?
• What value propositions should businesses aim at while making new research and development funding?
• Which regulations will be most helpful for stakeholders to boost their supply chain network?
• Which regions might see the demand maturing in certain segments in near future?
• What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
• Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
• Which government regulations might challenge the status of key regional markets?
• How will the emerging political and economic scenario affect opportunities in key growth areas?
• What are some of the value-grab opportunities in various segments?
• What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Clinical Trials Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Clinical Trials Market

5.1. Covid-19: Clinical Trials Industry Impact
5.2. Clinical Trials Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Clinical Trials Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Clinical Trials Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Clinical Trials Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Growing prevalence of chronic disorders
6.1.1.2. Increasing number of clinical trials in developing regions
6.1.2. Market Restraints
6.1.2.1. Rigorous guidelines
6.1.3. Market Opportunities
6.1.3.1. Increasing demand for advanced treatments such as personalized medicines
6.1.3.2. Technological advancements

Chapter 7. Global Clinical Trials Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Clinical Trials Market Revenue by Market Players (2016 -2019)
7.1.1.2. Clinical Trials Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Phase Portfolio Expansion, Geographic Expansion, Phase Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Clinical Trials Market, By Phase

8.1. Clinical Trials Market, by Phase, 2019 – 2030
8.1.1. Phase 1
8.1.1.1. Market Revenue and Forecast (2019 – 2030)
8.1.2. Phase 2
8.1.2.1. Market Revenue and Forecast (2019 – 2030)
8.1.3. Phase 3
8.1.3.1. Market Revenue and Forecast (2019 – 2030)
8.1.4. Phase 4
8.1.4.1. Market Revenue and Forecast (2019 – 2030)

Chapter 9. Global Clinical Trials Market, By Study Design

9.1. Clinical Trials Market, by Study Design, 2019 – 2030
9.1.1. Observational
9.1.1.1. Market Revenue and Forecast (2019 – 2030)
9.1.2. Interventional
9.1.2.1. Market Revenue and Forecast (2019 – 2030)
9.1.3. Expanded Access
9.1.3.1. Market Revenue and Forecast (2019 – 2030)

Chapter 10. Global Clinical Trials Market, By Indication

10.1. Clinical Trials Market, by Indication, 2019 – 2030
10.1.1. Oncology
10.1.1.1. Market Revenue and Forecast (2019 – 2030)
10.1.2. Autoimmune/Inflammation
10.1.2.1. Market Revenue and Forecast (2019 – 2030)
10.1.3. Diabetes
10.1.3.1. Market Revenue and Forecast (2019 – 2030)
10.1.4. Central Nervous System
10.1.4.1. Market Revenue and Forecast (2019 – 2030)
10.1.5. Cardiovascular
10.1.5.1. Market Revenue and Forecast (2019 – 2030)
10.1.6. Pain Management
10.1.7. Market Revenue and Forecast (2019 – 2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2019 – 2030)

Chapter 11. Global Clinical Trials Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Phase(2019 – 2030)
11.1.2. Market Revenue Forecast by Study Design(2019 – 2030)
11.1.3. Market Revenue Forecast by Indication (2019 – 2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2019 – 2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2019 – 2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Phase (2019 – 2030)
11.2.2. Market Revenue Forecast by Study Design (2019 – 2030)
11.2.3. Market Revenue Forecast by Indication (2019 – 2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2019 – 2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2019 – 2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2019 – 2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2019 – 2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Phase (2019 – 2030)
11.3.2. Market Revenue Forecast by Study Design (2019 – 2030)
11.3.3. Market Revenue Forecast by Indication (2019 – 2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2019 – 2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2019 – 2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2019 – 2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2019 – 2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Phase (2019 – 2030)
11.4.2. Market Revenue Forecast by Study Design (2019 – 2030)
11.4.3. Market Revenue Forecast by Indication (2019 – 2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2019 – 2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2019 – 2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Phase (2019 – 2030)
11.5.2. Market Revenue Forecast by Study Design (2019 – 2030)
11.5.3. Market Revenue Forecast by Indication (2019 – 2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2019 – 2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2019 – 2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2019 – 2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2019 – 2030)

Chapter 12. Company Profiles

12.1. Parexel
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Phase Portfolio Analysis
12.1.2.1. Product Details, Specification, Indication
12.1.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.1.4. Recent Developments and Strategies
12.2. IQVIA
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Phase Portfolio Analysis
12.2.2.1. Product Details, Specification, Indication
12.2.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.2.4. Recent Developments and Strategies
12.3. Charles River Laboratory
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Phase Portfolio Analysis
12.3.2.1. Product Details, Specification, Indication
12.3.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.3.4. Recent Developments and Strategies
12.4. Omnicare
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Phase Portfolio Analysis
12.4.2.1. Product Details, Specification, Indication
12.4.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.4.4. Recent Developments and Strategies
12.5. Kendle
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Phase Portfolio Analysis
12.5.2.1. Product Details, Specification, Indication
12.5.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.5.4. Recent Developments and Strategies
12.6. Chiltern
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Phase Portfolio Analysis
12.6.2.1. Product Details, Specification, Indication
12.6.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.6.4. Recent Developments and Strategies
12.7. Pharmaceutical Product Development, LLC
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Phase Portfolio Analysis
12.7.2.1. Product Details, Specification, Indication
12.7.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.7.4. Recent Developments and Strategies
12.8. Company 8
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Phase Portfolio Analysis
12.8.2.1. Product Details, Specification, Indication
12.8.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.8.4. Recent Developments and Strategies
12.9. Company 9
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Phase Portfolio Analysis
12.9.2.1. Product Details, Specification, Indication
12.9.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.9.4. Recent Developments and Strategies
12.10. Company 10
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Phase Portfolio Analysis
12.10.2.1. Product Details, Specification, Indication
12.10.3. Revenue, Price, and Gross Margin (2019 – 2020)
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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