Clinical Trial Supply & Logistics Market 2024-2031: Global Industry Size, Share, Growth Trends, and Leading Players Forecast by 2031 - Parexel International (MA) Corporation, Catalent, Inc., Marken, Piramal Pharma Solutions

DataM Intelligence has released a new research report on the Clinical Trial Supply & Logistics market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Clinical Trial Supply & Logistics Market is anticipated to reach, at a high CAGR during the forecast period 2024-2031.

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Clinical Trial Supply & Logistics refers to the comprehensive management of materials, equipment, and services required for the successful execution of clinical trials. This includes the planning, procurement, storage, distribution, and tracking of clinical trial supplies such as investigational medicinal products (IMPs), placebos, medical devices, and ancillary materials. Effective clinical trial supply and logistics ensure that all necessary resources are available at the right time and place, minimizing delays and ensuring compliance with regulatory requirements. This process is critical for maintaining the integrity of the trial and the safety of participants while optimizing resource utilization and cost efficiency.

List of the Key Players in the Clinical Trial Supply & Logistics Market:

Parexel International (MA) Corporation, Catalent, Inc., Marken, Piramal Pharma Solutions, United Parcel Service of America, Inc., FedEx, Movianto, Packaging Coordinators Inc., Biocair, and ICON plc

Key Developments:

On April 11, 2022, FedEx Express, a leading global express transportation company and a subsidiary of FedEx Corp., received two prestigious awards at the annual IMAPAC Asia Pacific Bioprocessing Excellence Awards 2022. The company was recognized as the "Best Clinical Trial Logistics Provider" and for its excellence in "Best Last Mile Implementation."

On December 1, 2022, Catalent, a global leader in the development, launch, and supply of advanced treatments for patients across various modalities, announced the completion of its expansion of the clinical supply facility in the Waigaoqiao Free Trade Zone (FTZ) in Shanghai, China. This facility aims to enhance processes for biopharma, cell, gene, and consumer health partners.

On May 26, 2023, Catalent continued its global mission to improve patient treatments by expanding its services and capabilities at its Shiga facility in Japan. This expansion focuses on the storage, kitting, and distribution of advanced therapies at ultra-low temperatures for clinical trials.

On July 7, 2021, Parexel, a prominent global clinical research organization (CRO), announced the opening of a new clinical trial supplies depot in China. This move is aimed at ensuring timely access to supplies and medications for clinical sites and patients, as China represents a significant growth market for clinical trials and Parexel's operations.

Research Process:

Both primary and secondary data sources have been used in the global Clinical Trial Supply & Logistics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Clinical Trial Supply & Logistics Market:

By Service Type: Manufacturing, Packaging and Labeling, Storage and Distribution, Comparator Sourcing, Others

By Phase: Phase I, Phase II, Phase III, Phase IV

By Area: Cardiovascular Diseases, Respiratory Diseases, CNS and Mental Disorders, Oncology, Others

By End-User: Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), Research Institutes and Academic Medical Centers, Medical Device Companies, Others

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Clinical Trial Supply & Logistics market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Clinical Trial Supply & Logistics Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Clinical Trial Supply & Logistics market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Clinical Trial Supply & Logistics Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Clinical Trial Supply & Logistics market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Clinical Trial Supply & Logistics market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Clinical Trial Supply & Logistics market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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