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Clinical Trial Supply And Logistics Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Clinical Trial Supply And Logistics Market Size
What Is the Current Clinical Trial Supply And Logistics Market Size and Its Estimated Growth Rate?
The Clinical Trial Supply And Logistics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Clinical Trial Supply And Logistics Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Clinical Trial Supply And Logistics Market Landscape?
The clinical trial supply and logistics market covered in this report is segmented -
1) By Service: Logistics And Distribution, Storage And Retention, Packaging Labelling And Blinding, Manufacturing, Comparator Sourcing, Other Services
2) By Phase: Phase I, Phase II, Phase III, Phase IV
3) By Area: Oncology, Cardiovascular Diseases, Respiratory Diseases, CNS And Mental Disorders, Other Areas
4) By End-User: Pharmaceuticals, Biologicals, Medical Device
Subsegments:
1) By Logistics And Distribution: Transportation Management, Cold Chain Logistics, Customs Clearance, Inventory Management
2) By Storage And Retention: Controlled Storage, Long-Term Storage, Short-Term Storage
3) By Packaging, Labeling, And Blinding: Primary Packaging, Secondary Packaging, Label Design And Printing, Blinding Solutions
4) By Manufacturing: Clinical Supply Manufacturing, Batch Production, Quality Control And Assurance
5) By Comparator Sourcing: Sourcing Services, Regulatory Compliance, Inventory Management For Comparators
6) By Other Services: Regulatory Affairs Consulting, Clinical Trial Management, Data Management And Analysis, Training And Support Services
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Which Growth Factors Are Influencing Clinical Trial Supply And Logistics Market Expansion?
The escalating count of clinical trials is projected to stimulate expansion in the clinical trial supply and logistics market. Clinical trials are research studies involving humans, intended to assess new medical treatments, interventions, or diagnostic procedures' safety and efficiency. The supply and logistics for clinical trials provides necessary materials for a smooth clinical trial process and successful research execution, including biological specimens collection and delivery, investigational drugs and kits, expertise, assistance with permit applications, and customs clearance, among other things. For example, data from ClinicalTrials.gov, a US registry of clinical trials overseen by the United States National Library of Medicine at the National Institutes of Health (NIH), disclosed that the count of registered clinical studies rose from 399,499 in 2022 to 437,533 by July 2023 in all 50 states of the U.S. and across 221 countries. Furthermore, the report revealed that the U.S. alone registered 141,513 studies, contributing 31% to the total studies, whereas non-U.S. locations registered 244,707 studies, making up 53% of the total studies. Hence, the augmenting number of clinical trials is fuelling the expansion of the clinical trial supply and logistics market.
Who Are the Dominant Players Across Different Clinical Trial Supply And Logistics Market Segments?
Major companies operating in the clinical trial supply and logistics market include United Parcel Service, DHL Group, FedEx Corporation, Thermo Fisher Scientific Inc., IQVIA, ICON plc, Eurofins Scientific, Catalent Inc., Intertek Group plc, Parexel International Corporation, UDG Healthcare PLC., Almac Group, World Courier, Piramal Pharma Solutions, Sharp Clinical Services Ltd., Clinigen Group, PCI Pharma Services, Movianto Group, Cold Chain Technologies, Biocair International Limited, QuickSTAT, Wasdell Group, Klifo A/S, TrakCel, Packaging Coordinators Inc., Biotec Services International Limited, Proventa International, Inceptua Group
What Are the Latest Developing Trends in the Clinical Trial Supply And Logistics Market?
The major players in the Clinical Trial Supply and Logistics Market are putting their focus on techniques such as temperature-regulated healthcare deliveries to boost both credibility and dependability of their products in transit, assuring regulatory standards are met and patient results are enhanced. Temperature-regulated healthcare deliveries entail moving medical commodities, pharmaceuticals, and biological materials that necessitate distinct temperature conditions for their effectiveness and safety. This process uses specialized packaging, tracking systems, and logistics solutions to ensure that products stay within the necessary temperature range while in transit. For example, FedEx Corporation, a transportation company headquartered in the United States, in February 2024, introduced FedEx Life Science Center. They launched FedEx Customized Freight (FCF) dedicated to transport essential pharmaceutical consignments. It incorporates features such as highest boarding priority, comprehensive custodial control, and dedicated delivery alternatives designed to uphold product integrity during transit. Moreover, customers can take advantage of FedEx Priority Alert Plus, offering proactive monitoring of time-bound consignments with choices for replenishing dry ice or gel packs.
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Which Geographic Regions Are Expected to Dominate the Clinical Trial Supply And Logistics Market in the Coming Years?
North America was the largest region in the clinical trial supply and logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical trial supply and logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Clinical Trial Supply And Logistics Market?
2. What is the CAGR expected in the Clinical Trial Supply And Logistics Market?
3. What Are the Key Innovations Transforming the Clinical Trial Supply And Logistics Industry?
4. Which Region Is Leading the Clinical Trial Supply And Logistics Market?
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