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Rising Incidence Of Cardiovascular Diseases Fuels Growth Of The Cardiovascular Clinical Trials Market Driver: Leading Transformation in the Cardiovascular Clinical Trials Market in 2025
Cardiovascular Clinical Trials Market Share
The upward trend in cardiovascular diseases is predicted to propel the cardiovascular clinical trials market's expansion. Cardiovascular disease is a term that encompasses a range of conditions impacting the heart and blood vessels including coronary artery disease, heart failure, and stroke. A rise in cardiovascular diseases can be attributed to multiple factors like inactive lifestyles, poor diet, tobacco use, obesity, hypertension, diabetes, and hereditary influences. Cardiovascular clinical trials play a crucial role in identifying and confirming new medications that can better control risk factors such as high blood pressure, high cholesterol, and diabetes - major factors contributing to cardiovascular diseases. To illustrate, the Minnesota Department of Health, a US-based state health institution, disclosed in September 2024 that around 30% of Minnesota's adult population, nearly 1.4 million individuals, reported high blood pressure in 2023, and in 2022, diseases caused by hypertension were the primary or secondary cause of death for about 14,225 residents, accounting for almost 28% of the total fatalities in the state. Therefore, the surging incidence of cardiovascular diseases is fueling the growth of the cardiovascular clinical trials market.
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What is the projected compound annual growth rate (CAGR) of the cardiovascular clinical trials market from 2025 to 2034, and what factors influence it?
In the past few years, the cardiovascular clinical trials market has seen substantial growth. The market is projected to increase from $5.34 billion in 2024 to $5.73 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.4%. The historic growth of this market is due to factors such as a rise in myocardial infarction, evolving regulatory landscape, increase in disease burden, progress in genomics, and a heightened demand for new drug development.
In the near future, a robust expansion is predicted for the cardiovascular clinical trials market, with its value set to hit $7.53 billion by 2029. This increase, representing a compound annual growth rate (CAGR) of 7.0%, is mainly driven by factors such as an aging global population, the rise of emerging markets, the prevalence of precision medicine, advances in digital health technologies, and a shift towards patient-centered trials. The period forecasted also sees trends like heightened collaboration, technological progress, innovation in products, development of new products, and the introduction of generic versions of combination drugs.
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How are the latest trends influencing the growth of the cardiovascular clinical trials market?
Leading corporations in the cardiovascular clinical trials market are increasingly leveraging strategic alliances like contract research organization (CRO) partnerships to broaden their outreach and attract a larger customer segment. These CRO partnerships, pivotal in the clinical research sector, entail cooperation across different companies to offer unique services and assistance in varied dimensions of clinical trials and research. For example, in September 2023, Cereno Scientific AB, a biopharmaceutical firm based in Sweden, entered a strategic collaboration with Clinical Trial Consultants (CTC), a leading full-service CRO in Sweden specializing in clinical conduct, for carrying out a Phase I study on CS014, a histone deacetylase inhibitor designed to thwart arterial and venous thrombosis. Apart from this, CTC will also contribute to the Phase I preparation processes which include creating the study protocol and managing the clinical trial application process for conducting the study in Sweden. The first-ever Phase I trial is planned to commence in the first half of 2024. This partnership heralds a monumental step forward in cardiovascular health research.
What are the major segments of the cardiovascular clinical trials market and their role in driving growth?
The cardiovascular clinical trials market covered in this report is segmented -
1) By Phase: Phase I, Phase II, Phase III, Phase IV
2) By Study Design: Interventional, Observational, Expanded Access
3) By Indication: Acute Coronary Syndrome, Coronary Artery Disease, Ischemic Heart Disease, Pulmonary Arterial Hypertension, Stroke, Cardiac Arrhythmias, Heart Failure, Other Indications
Subsegments:
1) By Phase I: First-in-Human Trials, Dose Escalation Studies, Safety and Tolerability Studies, Pharmacokinetics And Pharmacodynamics Studies
2) By Phase II: Efficacy Studies, Optimal Dosage And Administration Route Studies, Early Safety And Efficacy Trials, Biomarker Development Trials
3) By Phase III: Large-Scale Efficacy Trials, Randomized Controlled Trials (RCTs), Long-Term Safety And Efficacy Studies, Multicenter Trials
4) By Phase IV: Post-Marketing Surveillance, Long-Term Safety Studies, Real-World Evidence (RWE) Studies, Comparative Effectiveness Research
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North America was the largest region in the cardiovascular clinical trials market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular clinical trials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the cardiovascular clinical trials market?
Major companies operating in the cardiovascular clinical trials market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., AstraZeneca PLC, Novartis AG, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Boehringer Ingelheim International GmbH, Merck & Co. Inc., Baxter International Inc., IQVIA Holdings Inc., SGS S.A., PPD Inc., WuXi AppTec Co. Ltd., Caidya, Syneos Health Inc., Charles River Laboratories International Inc., Sanofi, ICON plc, Medpace Holdings Inc., Cardiovascular Clinical Sciences., ProRelix Services LLP, Worldwide Clinical Trials
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What Is Covered In The Cardiovascular Clinical Trials Global Market Report?
•Market Size Forecast: Examine the cardiovascular clinical trials market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cardiovascular clinical trials market for a structured understanding.
•Key Players Overview: Analyze major players in the cardiovascular clinical trials market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cardiovascular clinical trials market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cardiovascular clinical trials market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cardiovascular clinical trials market.
•Industry Challenges: Identify potential risks and obstacles affecting the cardiovascular clinical trials market.
•Competitive Landscape: Review strategic developments in the cardiovascular clinical trials market, including expansions, agreements, and new product launches.
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