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Pediatric Clinical Trials Market – Global Industry Insights And Major Key Players Genentech, Children’s National Health System, INC Research

10-10-2018 01:09 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Pharmaceutical Industry

Pediatric Clinical Trials

Pediatric Clinical Trials

In pediatric clinical trials market, the North America is remained largest market share holding region followed by Europe and APAC. As per the study published by The Office of Pediatric Therapeutics (OPT), U.S. involved in around 86% pediatric clinical trials out of 346 clinical trials. While most of clinical trials are conducted in U.S. but the trend is changing now, like as per the data published by Future Medicine Ltd. in 2013, percentage of clinical pediatric studies conducted is highest in China followed by Russia and India.

However, in past few years the pediatric clinical trials have raised because the increasing need of pediatric medication also, due to increased understanding about the difference between the drugs for adults and for children’s. The awareness about the pediatrics drugs are already more in developed countries but in recent years it is increased massively in emerging nations also. Which created the broad consumer platform for pharmaceutical companies. As per the stats of U.S. Food and Drug Administration (U.S.FDA), as of February, 2017 total 935 pediatric study request received out of that 505 request issued (This data is for the request received for all types of drug study).

Download PDF Brochure of Pediatric Clinical Trials Market Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/397

The driving factors of pediatric clinical trials market are legislative mandatory changes leading to the growth of pediatric clinical trials. As per the data of FDA, number of pediatric clinical trials conducted in last five years is more than the combined pediatric clinical trials conducted in last 30 years. Also, increased awareness about pediatrics drugs in emerging countries, more research and development in this area, increased disease rate in infants, increased burden of disease like diabetes in children’s and increasing involvement of contract research organizations (CRO’s) in pediatric clinical trials are the leading factors in the growth of pediatric clinical trials market.
Pediatric clinical trials market taxonomy:

Global Market by Phase of Clinical Trial

Pre-Clinical
Phase I
Phase II
Phase III

Global Market by Study Design

Sequential Design
Adaptive Design
Bayesian Design
Randomized Withdrawal Design
Randomized Placebo-Phase Design (Rppd)
Three–Stage Clinical Trial Design

There are some challenges in this market are like finding and getting the adequate number of children’s for clinical trial. It is very hard to convince the parents to include their child in clinical trial. Also the lack of infrastructure in emerging nations for pediatric clinical trials, updated and stringent rules of FDA in pediatric clinical trials area. Before initiating the pediatric program by FDA only 20% drugs were labeled that they are for pediatric use, other drugs have not been approved by FDA and are called as off-label drugs. Due to necessity doctors prescribe them routinely. Now, due to improvement in Food and Drug Administration Safety and Innovation Act there is growth observed in labeled drug which mentions the drug is for pediatric use. Also the pediatric market is smaller than adults market which limits earning potential and due to high risk in pediatric clinical trials than adult clinical trials limiting the overall growth of pediatric clinical trials market.

Request A Sample Copy Including Research Framework: https://www.coherentmarketinsights.com/insight/request-sample/397

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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Seattle, WA 98154
Tel: +1-206-701-6702
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