Global Clinical Trial Supply and Logistic Market Witnesses Impressive Growth, Valued at US$ 20.80 Billion in 2022

14.09.2023 : Clinical Trial Supply and Logistic Market Report Scope and Research Methodology

This extensive report provides a comprehensive analysis of the Clinical Trial Supply and Logistic Market, highlighting its potential to reach a market value of US$ 38.25 billion by 2029. The report encompasses critical elements including market dynamics, research methodology, drivers, restraints, and regional insights, providing valuable information for industry stakeholders.

A robust research methodology was employed, combining data from primary and secondary sources. Extensive interviews with key industry figures ensured impartial insights. The collected data was then synthesized to offer a comprehensive perspective on the Clinical Trial Supply and Logistic Market.

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What are Clinical Trial Supply and Logistic Market Dynamics?

Market Drivers:

Rising Research and Development Expenditure: The pharmaceutical and biopharmaceutical sector's substantial investment in Research and Development drives market growth, contributing to the development and testing of new drugs.

Technological Advancements: The integration of advanced technologies in the supply chain management process positively impacts the market, facilitating smoother and more efficient clinical trials.

Market Restraints:

High Production Costs: The elevated production costs associated with transparent ceramics have the potential to impede the growth rate of the market.
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What is Clinical Trial Supply and Logistic Market Segmentation?

The Clinical Trial Supply and Logistic Market is divided into the following categories based on the service type: Logistics & Distribution, Storage & Retention, Packaging, Labeling, and Blinding, Manufacturing, and Comparator Sourcing. Clinical Trial Supply and Logistic Market will hold the greatest market share of 25% in the logistics and distribution category in 2021.Additionally, it is predicted that during the projected period, this segment will develop at the highest CAGR. This is due to an increase in sensitive product trials and drug research as well as the industry's highly regulated structure. The global market is benefiting from technological advancement on both the inbound and outbound sides.

by Type

Logistics & distribution
Storage & retention
Packaging, labeling, and blinding
Manufacturing
Comparator sourcing

by End Users

Pharmaceuticals
Biological
Medical Device

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Who are Clinical Trial Supply and Logistic Market Key Players?

1. Piramal Pharma Solutions
2. UDG Healthcare
3. DHL
4. FedEx
5. Movianto
6. Packaging Coordinators Inc.
7. Thermo Fisher Scientific (Patheon)
8. Catalent, Inc.
9. Parexel
10.Almac Group
11.Marken
12.Merck & Co. Inc.
13.GlaxoSmithKline plc
14.SK Bioscience
15.TransMotion Medical Inc.

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Table of content for the Clinical Trial Supply and Logistic Market includes:

Part 01: Executive Summary

Part 02: Scope of the Clinical Trial Supply and Logistic Market Report

Part 03: Global Clinical Trial Supply and Logistic Market Landscape

Part 04: Global Clinical Trial Supply and Logistic Market Sizing

Part 05: Global Clinical Trial Supply and Logistic Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

North America Leads Market: North America emerged as the dominant region, capturing 36.2% of the Clinical Trial Supply and Logistic Market in 2022. The region is expected to continue its growth trajectory with a CAGR of 5.8% through the forecast period, driven by the high number of clinical trials conducted by pharmaceutical companies.

Asia Pacific Shows Highest Growth: The Asia Pacific region is projected to witness the highest CAGR of 7.8% during the forecast period. Factors such as a large patient pool, lower recruitment costs, and favorable policies contribute to the region's desirability for clinical studies.

Europe Displays Rapid Growth: Europe is experiencing rapid growth, owing to easy access to new technologies. The region has witnessed significant advancements, with companies like Marken offering innovative in-home clinical trial services.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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