Adroit Market Research Global Clinical Trial Services Market Size by Phase (I, II, III, IV), Product (Pharmaceuticals, Biologics and Medical Devices, Others), Therapeutics (Oncology, Cardiovascular Disease, Dermatology, Neurological Disorders, Metabolic Disorders, Others), End user (CROs, Pharmaceutical & Biotech Companies), Region and Forecast 2019 to 2027 Single Use License: US$ 4800 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Request Sample Adroit Market Research Clinical Trial Services Market Size and Forecast 2018-2025 • The clinical trial services market is projected to reach USD 99.50 billion by 2027, growing with a CAGR of 10.1% during the forecast period from 2019 to 2027. The growing pharmaceutical and biotech R&D activities is a major driver for the clinical trial services market. • This research report on clinical trial services market assesses the market demand, trends and opportunities for the period 2017 to 2027. The report highlights the historic trends from 2017 and 2018 & market forecast from 2019 to 2027. • The report also entails the current status and future aspects of the market at global as well as country level along with the drivers, challenges and opportunities. The global clinical trial services market has been segmented based on phase, products, therapeutics and end users. • Developing a new drug or therapeutic is an extensive process which takes approximately 10 years before it hits the market for official usage, while significant risk is associated at every step. • There is a huge sum of money invested in bringing one successful medicine in the market for patient use and with each phase of the clinical trial, there are chance of failure and losing all the money. • In the United States, government, industries, non-profit organizations, health care providers, academia, universities play important roles in bringing new medical advancement and medicines to the patients. Browse the complete report reports/clinical-trial-services-market +1 (214) 884-6068 [email protected] on @ https://www.adroitmarketresearch.com/industry- www.adroitmarketresearch.com Adroit Market Research Clinical Trial Services Market Size and Forecast 2018-2025 • In terms of regional distribution, Asia Pacific is expected to emerge as the most potential market for clinical research services in coming years on account of rapid growth of CRO industry in countries such as China, India and many more. • With reduction in trial application approvals from approximately 6 months in 2016 to 4 months in 2017, large number of pipelines have moved forward towards market approvals. This is likely to benefit the regional growth of clinical trials in future. • Global clinical trial services market is segmented on the basis of products such as pharmaceuticals, biologics, medical devices and others. In 2018, the pharmaceuticals segment contributed USD 19,978.7 million by revenue and is expected to grow at the CAGR of over 10%during the forecast period. • North America dominated the global clinical trial services market in 2018 with 48% market share. However Asia Pacific is expected to outpace other regions during the forecast period. • The rising incidence rate of various diseases that are similar to but higher than of Western countries are generating large patient pools; which simplifies patient recruitment for clinical trials. Also, due to lack of favorable government or insurance returns, clinical trials carves a great platform for patients to gain access to unique therapies that they otherwise could not benefit from. +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Key segments of the Clinical Trial Services Market • Phase Overview, 2017-2027 (USD Million) • • • • Phase I Phase II Phase III Phase IV • Product Overview, 2017-2027 (USD Million) • • • • Pharmaceuticals Biologics Medical Devices Others Purchase a single user copy of the Clinical Trial Services Market report @ https://www.adroitmarketresearch.com/researchreport/purchase/866 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research About Us Contact Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 [email protected] Phone: +1 (214) 884-6068 Email: [email protected] www.adroitmarketresearch.com
The research report on clinical trial services market assesses the market demand, trends and opportunities for the period 2017 to 2027. The report highlights the historic trends & market forecast from 2019 to 2027. The report also entails the current status and future aspects of the market at global as well as country level along with the drivers, challenges and opportunities. The global clinical trial services market has been segmented based on phase, products, therapeutics and end users. Furthermore, the report gives an in-depth analysis of the market competitors with company profiles of key players. Get more insights at: Global Clinical Trial Services Market 2019-2025 The major players in the global clinical trial services market include PAREXEL International Corporation, IQVIA, Charles River Laboratory, ICON Plc, Wuxi AppTec Inc., PRA Health Sciences, Almac Group, Ancillare, LP, Klifo, Catalent, Inc., Thermo Fisher Scientific (Fisher Clinical Services), Covance Inc. (LabCorp) and others.
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