Press release
Clinical Trials Market Comprehensive Overview by Leading Companies: Eli Lilly and Company, ICON plc, Novo Nordisk, PAREXEL, Pfizer, Pharmaceutical Development Services Ltd, Accell Clinical Research, Covance, Ecron Acunova, Eurotrials, Medpace, SIRO Clinph
Clinical Trials Market
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Clinical Trials Market is expected to reach USD 1.76 billion by 2025, from USD 1.04 billion in 2017 growing at a CAGR of 6.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Developments in the Market:
• In March 2016, AAIPharma Services Corporation, which is a leading provider of custom development and manufacturing services for the pharmaceutical and biotechnology industries, announced its new identity as a leading contract development and manufacturing organization (CDMO) with expanded capabilities and capacity, the organization to now be known as “Alcami”
• In July2018, Boehringer Ingelheim and Lilly announce Tradjenta’s CARMELINA cardiovascular outcome trial meets primary endpoint. The company announced the positive top-line results from the trial, which evaluated the impact of treatment with Tradjenta compared with placebo on cardiovascular safety on top of standard of care.
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Market Key Players:
• Clinipace Worldwide,
• LabCorp,
• Eli Lilly and Company,
• ICON Plc.,
• Novo Nordisk,
• Parexel, Pfizer Inc.,
• Pharmaceutical Product Development,
• LLC,
• IQVIA,
• Roche Holding,
• Ranbaxy Laboratories, Ltd.,
• Sanofi Aventis A.S. and Roche Group.,
• Aaipharma Services Corp,
• Accell Clinical Research LLC,
• Aptiv Solutions,
• Chiltern International Limited ,
• Congenix,
• Covance Inc.,
• Ecron Acunova Ltd,
• Eurotrials,
• Medpace Inc,
• Pharmanet Development Group,
• PRA International,
• Siro Clinpharm PVT. LTD
Market Competitive Analysis:
The global clinical trials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Clinical trials market for global, Europe, North America, Asia Pacific and South America.
The Study Objectives Of This Report Are:
• To study and forecast the market size of Strategy Consulting in global clinical trials market.
• To analyze the global key players, SWOT analysis, value and global market share for top players.
• To define, describe and forecast the market by type, end use and region.
• To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
• To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.
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Major Market Drivers and Restraints:
• Demand for clinical trials in emerging markets
• High R&D spending of the pharmaceutical industry
• Increasing prevalence of diseases
• Focus on rare diseases and multiple orphan drugs in pipeline
• Lack of skilled clinical research workforce
• Regulatory quality in emerging markets
• Stringent regulations for patient enrolment
Clinical Trials Market Segmentation:
The global clinical trials market is segmented based on:
• phase,
• design
• geographical segments.
On the basis of phase, the market is classified into:
• Phase I,
• Phase II,
• Phase III
• Phase IV.
On the basis of design, the market is segmented into:
• treatment studies,
• observational studies,
The treatment studies are further sub segmented into randomized control trial, adaptive clinical trial and non-randomized control trial. The observational studies segment is further sub segmented into cohort study, case control study, cross sectional study, ecological study
Based on geography, the market report covers data points for 28 countries across multiple geographies namely:
• North America & South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-281
Email: sopan.gedam@databridgemarketresearch.com
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