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FEATURED COMPANIES
- Covance Inc.
- F. ??ffm?nn-L? R??h? AG
- GlaxoSmithKline plc
- Medpace Holdings, Inc.
- N?v? N?rd??k ?/?
- PRA Health Sciences Inc.
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
Additionally, the increasing prevalence of chronic diseases and growing need for personalized drugs are some other key factors propelling the growth of the Global Clinical Trials Market. Governments in various economies are also providing favorable support for clinical trials in order to find the cure for deadly diseases like coronavirus. The increasing expenditure on R&D activities and rise in biotechnology firms is also anticipated to drive the market growth through 2026.
The Global Clinical Trials Market can be segmented based on type, phase, study design, indication, end-user and region. Based on indication, the market can be segmented into autoimmune/inflammation, oncology, CNS, diabetes, cardiovascular and others. Among these, the oncology segment dominated the market until 2020 and is expected to maintain its dominance during the forecast period as well owing to increasing expenditure by the medical industry towards preclinical and clinical development of oncology drugs.
Regionally, Asia Pacific is anticipated to witness the fastest CAGR through 2026 owing to a large patient pool suffering from coronavirus and increasing number of biotechnology firms undergoing COVID-19 trials. The favorable support by governments in countries such as India and South Korea is also leading to extensive clinical trials in the two countries.
Major companies operating in the Global Clinical Trials Market include Еlі Lіllу аnd Соmраnу, Ѕun Рhаrmасеutісаl Іnduѕtrіеѕ Ltd., Nоvо Nоrdіѕk А/Ѕ, Рfіzеr Іnс., GlaxoSmithKline plc, ІСОN рlс, Pharmaceutical Product Development Inc., F. Ноffmаnn-Lа Rосhе AG, ІQVІА Ноldіngѕ Іnс., Covance Inc., Syneos Health Inc., PRA Health Sciences Inc., Medpace Holdings, Inc., WuXi Apptec Company Ltd., Thermo Fisher Scientific Inc., among others. The market players are undertaking growth strategies such as mergers and acquisitions along with new product launches to increase their share in the Global Clinical Trials Market.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze the historical growth in the market size of the Global Clinical Trials Market from 2016 to 2020.
- To estimate and forecast the Global Clinical Trials Market from 2021 to 2026 and growth rate until 2026.
- To forecast the Global Clinical Trials Market based on type, phase, study design, indication, end-user, company and regional distribution.
- To identify drivers and challenges for the Global Clinical Trials Market.
- To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc. in the Global Clinical Trials Market.
- To identify and analyze the profile of leading players operating in the Global Clinical Trials Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of CROs across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies which could not be identified due to the limitations of secondary research.
The publisher calculated the Global Clinical Trials Market size by using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used.
Key Target Audience:
- Clinical trial research organisations, companies/partners and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to clinical trials
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as clinical trials service provider companies, end-users etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Clinical Trials Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Global Clinical Trials Market, By Type:
- Pharmaceutical Trials
- Medical Device Trials
Global Clinical Trials Market, By Phase:
- Phase I
- Phase II
- Phase III
- Phase IV
Global Clinical Trials Market, By Study Design:
- Interventional
- Observational
- Expanded Access
Global Clinical Trials Market, By Indication:
- Autoimmune
- Oncology
- CNS
- Diabetes
- Cardiovascular
- Others
Global Clinical Trials Market, By End-User:
- Clinical Research Organizations
- Pharmaceutical and Biotechnological Companies
- Clinical Testing Laboratories
- Others
Global Clinical Trials Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
- Company Profiles: Detailed analysis of the major companies present in the Global Clinical Trials Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
Profit Margin Analysis
Profit margin analysis in case of direct and indirect sales channel.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
FEATURED COMPANIES
- Covance Inc.
- F. ??ffm?nn-L? R??h? AG
- GlaxoSmithKline plc
- Medpace Holdings, Inc.
- N?v? N?rd??k ?/?
- PRA Health Sciences Inc.
A selection of companies mentioned in this report includes:
- Еlі Lіllу аnd Соmраnу
- Ѕun Рhаrmасеutісаl Іnduѕtrіеѕ Ltd.
- Nоvо Nоrdіѕk А/Ѕ
- Рfіzеr Іnс.
- GlaxoSmithKline plc
- ІСОN рlс
- Pharmaceutical Product Development Inc.
- F. Ноffmаnn-Lа Rосhе AG
- ІQVІА Ноldіngѕ Іnс.
- Covance Inc.
- Syneos Health Inc.
- PRA Health Sciences Inc.
- Medpace Holdings, Inc.
- WuXi Apptec Company Ltd.
- Thermo Fisher Scientific Inc.