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Leading Growth Driver in the Clinical Trial Supplies Market in 2025: The Surge In Registered Clinical Trials Driving Growth In The Clinical Trial Supplies Market Driver's Influence

03-04-2025 06:27 AM CET | Health & Medicine

Press release from: The Business Research Company

Clinical Trial Supplies Market

Clinical Trial Supplies Market

Which drivers are expected to have the greatest impact on the over the clinical trial supplies market's growth?
The growth of the clinical trial supplies market is likely to be driven by the escalating number of registered clinical trials. These trials constitute research involving human subjects to ascertain new medical treatments', interventions', or diagnostic procedures' safety and effectiveness. Vital for successful clinical trials are clinical trial supplies, encompassing pharmaceuticals, medical devices, and other necessary materials. They back the research process, assure precise data collection, and safeguard patients. For instance, ClinicalTrials.gov, a component of the National Institutes of Health (NIH), a US government agency functioning to support and conduct medical research, reported that about 437,533 clinical trials were registered in 2023. In contrast, in 2022, 399,499 studies were registered across all 50 states of the United States and 221 countries. Consequently, the clinical trial supplies market's growth is propelled by the rising number of registered clinical trials.

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What is the future CAGR of the clinical trial supplies market, and how will it impact industry expansion?
The market size of clinical trial supplies has been witnessing robust growth in the past few years. The market valuation is expected to rise from $2.68 billion in 2024 to $2.88 billion in 2025, at a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the historical growth include the escalating incidence of chronic illnesses, stringent regulatory norms, growing demand for clinical studies for the creation of novel therapies, and an increase in the intricacy of clinical trials.

The market size for clinical trial supplies is forecasted to experience robust growth in the coming years, with estimates that it will reach $4.03 billion in 2029, representing a compound annual growth rate (CAGR) of 8.7%. Several factors contributing to this growth include the globalization of clinical trials, the rise in cell and gene therapy trials, an emphasis on patient-centric trials, an increasing number of biologics and biosimilar drugs trials, and the advent of virtual and decentralized trials. Key trends for the forecast period encompass the incorporation of artificial intelligence (AI) and predictive analytics, the use of 3D printing, greater emphasis on sustainability and eco-friendliness in managing clinical trial supplies, increased R&D investments from biopharmaceutical and pharmaceutical firms, and advancements in blockchain technology.

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What are the most significant trends transforming the clinical trial supplies market today?
A significant trend emerging in the clinical trial supplies market is the evolution of real-world evidence platforms. Key players in this market are leveraging innovative technologies to revolutionize healthcare decision-making, drug creation, and patient care using real-world data to develop evidence-based conclusions and maintain their market dominance. For example, Komodo Health, a healthcare technology business in the United States specializing in patient recruitment, site selection, and real-time data monitoring for clinical trials, introduced MapEnhance in April 2023. This is a network of specialist data partners amalgamated into a real-world evidence (RWE) technology platform. MapEnhance grants users an exhaustive and intricate real-world view of clinical events and patient populations, providing unparalleled insights. Its features include precise molecular diagnostics in several therapeutic areas, high-frequency standard laboratory diagnostics for early disease detection, and electronic medical records monitoring clinical consultations. Additionally, it provides inpatient and outpatient facility chargemasters for in-depth cost and utilization insights across various hospital environments.

Which key market segments comprise the clinical trial supplies market and drive its revenue growth?
The clinical trial supplies market covered in this report is segmented -

1) By Services: Logistics And Distribution, Storage And Retention, Supply Chain Management, Packaging, Labeling, And Blinding, Manufacturing, Comparator Sourcing
2) By Clinical Phases: Phase I, Phase II, Phase III, Phase IV
3) By Therapeutic Use: Oncology, Central Nervous System (CNS), Cardiovascular, Infectious Disease, Metabolic Disorders, Other Therapeutic Uses
4) By End User: Pharmaceutical And Biotech companies, Contract Research Organization (CRO), Medical Device Companies

Subsegments:
1) By Logistics And Distribution: Transportation, Inventory Management, Temperature-Controlled Shipping, Customs Clearance
2) By Storage And Retention: Short-term Storage, Long-term Storage, Controlled Environment Storage
3) By Supply Chain Management: Planning And Forecasting, Supplier Management, Risk Management, Compliance Management
4) By Packaging, Labeling, And Blinding: Primary Packaging, Secondary Packaging, Label Design And Printing, Blinding Techniques
5) By Manufacturing: Active Pharmaceutical Ingredient (API) Production, Formulation Development, Batch Production
6) By Comparator Sourcing: Sourcing Of Reference Products, Quality Control And Assurance, Regulatory Compliance For Comparators

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What regions are at the forefront of clinical trial supplies market expansion?
North America was the largest region in the clinical trial supplies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical trial supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the clinical trial supplies market?
Major companies operating in the clinical trial supplies market include Thermo Fisher Scientific Inc., IQVIA, Eurofins Scientific SE, Parexel International Corporation, ICON PLC, Catalent Inc., Intertek Group PLC, Recipharm AB, World Courier, Almac Group Ltd., Piramal Pharma Solutions, Clinigen Group PLC, Movianto GmbH, Marken Limited, PCI Pharma Services, Rubicon Research Private Limited, Bionical Ltd., Durbin PLC, SIRO Clinpharm Pvt. Ltd., Biocair International Ltd., Ancillare LP., Myonex, Klifo A/S, Alium Medical Limited, ADAllen Pharma, Sharp Services LLC

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What Is Covered In The Clinical Trial Supplies Global Market Report?

• Market Size Forecast: Examine the clinical trial supplies market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the clinical trial supplies market for a structured understanding.
• Key Players Overview: Analyze major players in the clinical trial supplies market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the clinical trial supplies market.
• Segment Contributions: Evaluate how different segments drive overall growth in the clinical trial supplies market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the clinical trial supplies market.
• Industry Challenges: Identify potential risks and obstacles affecting the clinical trial supplies market.
• Competitive Landscape: Review strategic developments in the clinical trial supplies market, including expansions, agreements, and new product launches.

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