Clinical Trial Supply and Logistics Market Insights, Share, Opportunity Analysis, Forecast Till 2026

Clinical Trial Supply and Logistics Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Clinical Trial Supply and Logistics Market – Overview
The global clinical trial supply and logistics market size was valued at US$ 14.95 Bn in 2017 and is
expected to witness a CAGR of 7.1% over the forecast period (2018 – 2026).
Quantity of ancillary supplies and diverse vendors to produce those supplies have significantly increased in
the market, owing to rising demand for developing and producing clinical supplies from end user
manufacturers or investigators for global studies in a cost-efficient manner. According to an article
published in the Applied Clinical Trials website, 2016, there are around 40,000 unique investigators
worldwide conducting at least one FDA-regulated clinical trial. Furthermore, increasing prevalence of
cancer across the globe is providing new opportunities for global biopharmaceutical research community,
and clinical trial supply and logistics management to bring the respective drug to the market sooner by
navigating the complex clinical & regulatory environment. According to the World Health Organization
(WHO), there were around 555,318 new cases of cancer in 2012 in the Middle East. The region is expected
to witness around 961,098 cases by 2030, which will be the highest number of cancer cases among other
regions in the world.
REPORT DESCRIPTION
Clinical Trial Supply and Logistics Market Outlook:
On the basis of region, the global clinical trial supply and logistics market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to hold
a dominant position in this market, owing to the adoption of technologically advanced products, well
established regulatory agencies, and presence of major Contract Research Organizations (CRO’s) and
biopharmaceutical company’s hubs. Moreover, factors such as improved healthcare facilities and better
reimbursement scenario are also driving growth of clinical trial supply and logistics market in this region.
The number of new vendors trying to enter the healthcare industry are expected to increase over the
forecast period, as there are many niche market players trying to leverage the market share through new
inventories in medical devices and drugs. Also, they will require clinical trial supply management to cut
down costs across all aspects of the business, by reducing internal capacity - in terms of site maintenance
and employee headcount. Thus, emerging economies such as Asia Pacific and Latin America has huge
potential for market growth, and is projected to be the fastest growing region over the forecast period.
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REPORT DESCRIPTION
Clinical Trial Supply and Logistics Market – Key Players
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Catalent Pharma Solutions, Inc.
Almac Group
Movianto
Patheon, Inc.
PCI Pharma Distribution
Sharp Packaging Distribution
PAREXEL International Corporation
Marken
KLIFO A/S
Biocair.
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The global clinical trial supply and logistics market size was valued at US$ 14.95 Bn in 2017 and is expected to witness a CAGR of 7.1% over the forecast period (2018 – 2026).