Clinical Trials Market Growth and Major key players operating in the market are Charles River Laboratories International, Kendle International, Parexel International Corporation, Chiltern International, Omnicare Healthcare, Audax Group and Laboratory Corp
The research report “Global Clinical Trials Market By Clinical Trial Phase (Phase 0, Phase 1, Phase 2, Phase 3, Phase 4), by Disease Type (Infectious diseases, Cancer, Diabetes, Autoimmune disorders, Inflammatory diseases, Cardiovascular diseases, Haematological disorders, Neurological disorders, Dermatology, Others), by Design (Observational trials, Interventional trials, Expanded access trials), by End user (Clinical research organizations, Pharmaceutical and biotechnology companies, Research institutes, Others), and Geography - Global/Region/Country Forecast to 2027", The Global Clinical Trials Market size was valued US$ 45.7 Bn in the year 2020 and is anticipated to grow US$ 69.93 Bn by 2027 at CAGR of 6.2% over the forecast years 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Clinical Trials Market By Clinical Trial Phase (Phase 0, Phase 1, Phase 2, Phase 3, Phase 4), by Disease Type (Infectious diseases, Cancer, Diabetes, Autoimmune disorders, Inflammatory diseases, Cardiovascular diseases, Haematological disorders, Neurological disorders, Dermatology, Others), by Design (Observational trials, Interventional trials, Expanded access trials), by End user (Clinical research organizations, Pharmaceutical and biotechnology companies, Research institutes, Others), and Geography - Global/Region/Country Forecast to 2027",
View detailed Report Description at https://precisionbusinessinsights.com/market-reports/global-clinical-trials-market/
Increase in Healthcare Expenses will Foster the Clinical Trials Market Growth
Clinical trials are the result of research studies mainly performed on human being to assess the safety and efficiency of new biomedical interventions such as drugs, treatments, new devices and vaccines. These trials are performed under different phases like Phase 0 to Phase 3. Phase 4 is carried out for a post-marketing study about the products. If any product gets failed at any phase of the clinical trial it will be recalled.
There are several prominent factors that affect the growth of the clinical trials market such as increase in R&D activities, huge investment made for the new product development and growing prevalence of chronic illnesses like HIV and cancer. Increasing cases of new viral illnesses like Zika and Ebola are projected to impel the clinical trials market. There are some other factors, which can fuel the market over the estimated period such as increasing preference for innovative solutions to treat illnesses, strict regulatory policies to approve the products and the partnership between clinical research industries and drug leaders. On the other hand, undeveloped healthcare infrastructure, shortage of trial subjects, lack of capable experts and intricacies in data storage can hinder the market growth.
Request a case study or sample research report at https://precisionbusinessinsights.com/request-sample?product_id=16694
Impact of COVID-19 Clinical Trials Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.
North America accounted for larger market revenue share in Clinical Trials Market
The clinical trials market is classified into Asia Pacific, North America, Europe, Africa, Middle East and Europe. Among all the regions, market in North America is surging due to the presence of a huge count of biopharmaceutical industries, growing R&D activities for chronic disorders, increase in healthcare expenses and innovation of novel molecules. The clinical trials market is growing in Europe due to the growing R&D activities in Spain, Germany and U.K due to the presence of huge number of R&D firms, huge increase in the regulatory needs for the product approvals and change in lifestyle. Clinical trial market in Asia Pacific is experiencing considerable growth due to the growing population with diseases, increase in the clinical trials in major economies of this region such as Japan, China, India and South Korea and huge expenditure on clinical trials.
Competitive Analysis
A few major key players of the clinical trials market include Charles River Laboratories International, Inc. (U.S.), Kendle International Inc. (U.S.), Parexel International Corporation (U.S.), Chiltern International Ltd. (U.K.), Omnicare Healthcare Co. (U.S.), Audax Group (U.S.) and Laboratory Corporation of America Holdings (U.S.).
Contact Us:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Clinical Trials Market Growth and Major key players operating in the market are Charles River Laboratories International, Kendle International, Parexel International Corporation, Chiltern International, Omnicare Healthcare, Audax Group and Laboratory Corp here
News-ID: 2303415 • Views: …
More Releases from Precision Business Insights
Biochar Market Growth Is Attributed To The Increased Production Of Biochar Throu …
According to Precision Business Insights (PBI), the latest report biochar market was valued at USD 243.8 million in 2022, growing at a 12.6% CAGR during the forecast period 2023 to 2029. The rising demand for organic and eco-friendly products drives the biochar market. Utilizing biochar corresponds with organic farming methods, improving market prospects. Furthermore, biochar is a potential material for water treatment and remediation because of its capacity to absorb…
Vapor Recovery Units Market Growth Is Attributed To The Increased Adoption Of Me …
According to Precision Business Insights (PBI), latest report vapor recovery units market was valued at USD 923.7 million in 2022 and is poised to grow at a CAGR of 4.2% during the forecast period 2023 to 2029. The adoption of stringent environmental regulations by governments and international bodies to reduce air pollution and greenhouse gas emissions in various countries drives the demand for the vapor recovery unit's market. Furthermore, the…
Pyrite Market Growth Is Attributed To The Increased Demand In Jewelry Industry
According to Precision Business Insights (PBI), latest report pyrite market is growing at 4.9% CAGR during the forecast period 2023 to 2029. The increased application of pyrite in the manufacturing of sulfuric acid drives the pyrite market. The increase of prices of gold has led to increased demand for imitation jewelry which is anticipated to propel the pyrite market growth. Furthermore, the demand for sulphuric acid in a variety of…
Industrial Boilers Market Growth Is Attributed To The Increased Use In Power Gen …
According to Precision Business Insights (PBI), the latest report industrial boilers market size was valued at USD 15,261.8 million in 2022 and is poised to grow at a 3.1% CAGR during the forecast period 2023 to 2029. The adoption of stringent environmental regulations to maintain emission standards and carbon reduction in several countries drives the industrial boilers market. Furthermore, the advancement in boiler technology, such as better combustion systems, greater…
More Releases for Clinical
Clinical Laboratory Market in Indonesia, Clinical Laboratory Industry in Indones …
"Increase in healthcare expenditure from the Indonesian government has driven the growth of clinical laboratory market in Indonesia."
Increase in Healthcare Awareness: Largely driven by increase in healthcare spending by aging population (~$ 260 per person by 2050), rising income levels, rising awareness for preventive testing, advanced healthcare diagnostic tests offerings, and central government's healthcare measures.
Developments in Testing and Preference for Evidence based testing: There is also a rising number…
Clinical solutions
Are you spending more time with yellow files than with patients? Healthbridge can change that with our intuitive and easy to use clinical platform that is designed specifically for the medical practitioner at the practice.
smaller2
Easily access patient
information
Cloud-based technology enables you to store rich clinical information that can be easily accessed as and when you need it.
Medical billing software innovation
Become a paperless
practice
Create scripts, sick notes, and clinical notes electronically. Plus, have…
Clinical Research and Clinical Trials Summit
Clinical Research 2019 has been designed in an interdisciplinary manner with a multitude of tracks to choose from every segment and provides you with a unique opportunity to meet up with peers from both industry and academia and establish a scientific network between them. We cordially invite all concerned people to come join us at our event and make it successful by your participation.
This is the premier interdisciplinary forum for…
Paediatric Clinical Trial Conference - When designing a Paediatric clinical tria …
Press Release – 12.02.2018
When designing a Paediatric clinical trial, a paediatric investigation plan (PIP) is a development plan aimed at ensuring that the necessary data are obtained through studies in children, to support the authorisation of a medicine for children. All applications for marketing authorisation for new medicines have to include the results of studies as described in an agreed PIP, unless the medicine is exempt because of a deferral…
Clinical Communication
According to a recent market report published by Persistence Market Research titled “Clinical Communication and Collaboration Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025),” revenue from the global clinical communication and collaboration market was US$ 138.5 Mn in 2012 and US$ 214.8 Mn in 2016, representing a CAGR of 11.6% from 2012 to 2016. This revenue growth is attributed to addition of new features in clinical communication and collaboration solutions.…
E-Clinical Trial Solutions Market To Accelerating Clinical Development Technolog …
The study of the "Global e-Clinical Trial Solutions Market" provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry.
The Global e-Clinical Trial Solutions Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the e-Clinical…