Global Clinical Trials Market – Industry Trends and Forecast to 2025 Top Key Players are Clinipace Worldwide, LabCorp, Eli Lilly and Company, ICON Plc., Novo Nordisk, Parexel, Pfizer Inc., Pharmaceutical Product Development and others
The Global 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.Clinical trials are experiments or observations done in clinical research. Such prospective biomedical or behavioral research studies on human participants are designed to answer specific questions about biomedical or behavioral interventions, including new treatments (such as novel vaccines, drugs, dietary choices, dietary supplements, and medical devices) and known interventions that warrant further study and comparison. Clinical trials generate data on safety and efficacy. They are conducted only after they have received health authority/ethics committee approval in the country where approval of the therapy is sought. These authorities are responsible for vetting the risk/benefit ratio of the trial – their approval does not mean that the therapy is 'safe' or effective, only that the trial may be conducted.
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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 among others
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
Market Segmentation:
• The global clinical trials market is segmented based on Phase, Design, and Geographical segments
• Phase Phase I, Phase II, Phase III, Phase IV
• Design treatment studies, observational studies,
• Treatment studies randomized control trial, adaptive clinical trial, non-randomized control trial
• Observational studies cohort study, case control study, cross sectional study, ecological study
• Geography North America, South America, Europe, Asia-Pacific, Middle East, Africa
Table of Contents:
Chapter 1: Industry Overview
Chapter 2: Production Market Analysis
Chapter 3: Sales Market Analysis
Chapter 4: Consumption Market Analysis
Chapter 5: Production, Sales and Consumption Market Comparison Analysis
Chapter 6: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter 7: Major Source Analysis
Chapter 8: Major Application Analysis
Chapter 9: Industry Chain Analysis
Chapter 10: Global and Regional Market Forecast
Chapter 11: Major Manufacturers Analysis
Chapter 12: New Project Investment Feasibility Analysis
Chapter 13: Conclusions
Chapter 14: Appendix
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Key Market Highlights:
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.
Key points for analysis
To get a comprehensive overview of the Global Web Application Firewall Market.
To gain information about the top players in this industry, their product portfolios, and their key strategies.
To gain insights about the major regional insights in which the Global Clinical Trials Market is flourishing.
Recent industry trends and developments
Potential and niche segments/regions exhibiting promising growth
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