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Projected Upswing in Pediatric Clinical Trials Market: Detailed Insight into Size, Growth Drivers, Key Players and Trends
Burgeoning Pediatric Clinical Trials Global Market Report 2025 to Witness Remarkable Growth Powered by Advancements in Medicine and Integration of Real-World EvidenceWhat Is The Projected Market Size Of The Pediatric Clinical Trials Global Market Report 2025 And Its Growth Rate?
• The Pediatric clinical trials market rose from $17.41 billion in 2024 to $18.45 billion in 2025 exhibiting a CAGR of 6.0%.
• The sturdy growth can be credited to advancements in pediatric medicine, unmet medical needs, regulatory incentives and global public health initiatives.
• Expected to grow to $24.8 billion in 2029, at a CAGR of 7.7%, predicted growth is based on the integration of real-world evidence, advancements in pediatric infectious disease research and pediatric cardiology, pediatric biomarker discovery, and expanded access programs.
What Is Driving The Growth In The Pediatric Clinical Trials Global Market Report 2025?
The growing cases of pediatric cancer are expected to propel the pediatric clinical trials market forward. Pediatric cancer refers to cancers that develop in children and adolescents under the age of 14. Although these cancers are extremely rare and their growth and dissemination patterns may be different from those of adult tumors, pediatric clinical trials continue to play a significant role in improving prognosis and treatment. For instance, according to the American Cancer Society, a US-based voluntary health organization, an estimated 9,910 children in the US under the age of 15 are expected to be diagnosed with cancer in 2023 and about 1,040 children under the age of 15 are expected to die from cancer that year. Consequently, the increase in healthcare expenditure is fuelling ongoing growth in the pediatric clinical trials market.
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Who Are The Key Players Driving Pediatric Clinical Trials Global Market Report 2025 Growth?
• Medpac Inc.
• Pharmaceutical Product Development Inc.
• ICON plc
• Syneos Health Inc.
• QPS Holdings LLC
• Pfizer Inc.
• IQVIA Inc.
• Premier Research
• Labcorp - Laboratory Corporation of America Holdings
• The Emmes Company LLC
• Synteract Inc.
• Charles River Laboratories International Inc.
• Covance Inc.
• Bristol-Myers Squibb Company
• GlaxoSmithKline plc
• BioNTech SE
• Moderna Inc.
• Parexel International Corporation
• PRA Health Sciences
• Wuxi AppTec
• Merck & Co. Inc.
• AstraZeneca plc
• Sanofi S.A.
• Johnson & Johnson
• Eli Lilly and Company
• Takeda Pharmaceutical Company Limited
• C.H. Boehringer Sohn AG & Co. KG
• AbbVie Inc.
• Teva Pharmaceutical Industries Ltd.
• Oracle Health sciences
What Are The Key Trends In The Pediatric Clinical Trials Global Market Report 2025?
Key market trends include:
• Patient-centric trial design
• Incorporation of adaptive trial designs
• Deployment of digital health technologies
• Global collaboration and consortia
• Advancements in pediatric oncology
What Are The Segments Of The Global Pediatric Clinical Trials Global Market Report 2025?
1) By Phase: Phase I, Phase II, Phase III, Phase IV
2) By Study Design: Treatment Studies, Observational Studies
3) By Therapeutic Areas: Infectious Diseases, Oncology, Autoimmune Or Inflammatory Diseases, Respiratory Disorders, Mental Health Disorders, Other Therapeutic Areas
Which Region Leads The Pediatric Clinical Trials Global Market Report 2025?
North America was the largest region in the pediatric clinical trials market in 2024. Other regions covered in the pediatric clinical trials market report are Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pediatric Clinical Trials Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Pediatric Clinical Trials Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pediatric Clinical Trials Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pediatric Clinical Trials Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pediatric Clinical Trials Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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