Clinical Trial Supplies Market by Services (Manufacturing, Packaging, Logistics), Phases, Type (Small Molecules, Biologics), Therapeutic Areas (Oncology, CVD, Infectious, Immunology), End User (Pharma, Biotech, CROs), & Region - Global Forecast to 2028

"The clinical trial supplies market is projected to grow at a CAGR of 9.9% during the forecast period of 2023-2028."

The global clinical trial supplies market size is projected to reach USD 6.3 billion by 2028 from USD 3.9 billion in 2023, at a CAGR of 9.9% during the forecast period. Factors such as Increasing number of clinical trials, Growing product pipeline, and Increasing decentralization of clinical trials are likely to have positive impact on the market growth.

"The logistics and distribution segment held the dominant share in the clinical trial supplies market"

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Based on services, the global clinical trial supplies market is segmented into pathogen component, adjuvant emulsions, particulate adjuvants, saponin-based adjuvants and other adjuvants. The adjuvant emulsions segment held a dominant share in the market in 2022. Extensive use of adjuvant emulsions in COVID-19 & other infectious diseases and the rising prevalence of contagious diseases are likely to have positive impact on the growth of the market.

"Phase II segment accounted for the largest share of the phase segment in 2022."

Based on phase, the clinical trial supplies market is segmented into phase I, phase II, phase III, phase IV, BA/BE studies. In 2022, the phase II segment accounted for the largest share of the clinical trial supplies market. The segment held the dominant share in the market owing to various factors such as increasing the number of registration in clinical trials and the rising R&D investment by pharmaceutical and biotechnologies company for new cancer drug development.

"Asia Pacific region is likely to grow at a faster pace in the clinical trial supplies market."

The clinical trial supplies market region is segmented into North America, Europe, Asia Pacific, Latin America Middle East and the Africa. Asia Pacific region is anticipated to grow at a significant CAGR during the forecast period. The growth of the region is majorly driven by the increasing number of registered clinical trials. The increasing decentralization of clinical trials from China, India, and Japan due to presence of prominent players are engaged in providing services for clinical trial, supports market growth in the Asia Pacific.

The primary interviews conducted for this report can be categorized as follows:

By Respondent: Supply Side- 80%, and Demand Side - 20%
By Designation (Supply Side): Managers - 45%, CXOs & Directors - 30%, Executives- 25%
By Region: North America -40%, Europe -25%, Asia-Pacific -20%, Latin America -10%, and Middle East and Africa -5%

List of Companies Profiled in the Report:

Thermo Fisher Scientific Inc. (US)
Catalent, Inc. (US)
Eurofins (France)
Piramal Pharma Solutions (India)
PRA Health Sciences (Subsidiary of Icon Plc) (US)
Marken (Subsidiary of UPS) (US)
Parexel International (MA) Corporation (US)
Biocair (UK)
Almac Group (UK)
Sharp Services, LLC (US)
PCI Pharma Services (US)
Nuvisan (Germany)
Lonza Group (Switzerland)
OCT Group LLC. (Latvia)
Corex Logistics (Ireland)
Acnos Pharma GMBH (Germany)
Clinical Services International (UK)
KLIFO A/S (Denmark)
Clinigen Limited (UK)
Ancillare LP (US)
N-SIDE (Belgium)
ADAllen Pharma (UK)
Durbin ( Part of the Uniphar Group) (UK)
Recipharm AB (Sweden)
IPS Pharma (UK)

Research Coverage:

This report provides a detailed picture of the clinical trial supplies market. It aims at estimating the size and future growth potential of the market across different segments, such as service, phase, type, therapeutic area, end user and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.

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