Pediatric Clinical Trials Market

Pediatric Clinical Trials Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,
AND OPPORTUNITY ANALYSIS, 2018-2026
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REPORT DESCRIPTION
Pediatric Clinical Trials Market – Overview
Clinical trials are the gold standard and must for generating evidence-based data and knowledge in medicine. Clinical
trials conducted on children (between age group of 0 to 18) for research and development of drugs or formation of new
drugs are called as pediatric clinical trials. Pharmaceuticals and biotechnological industries and government regulatory
bodies are collectively focused on improving research and development for pediatrics population. A new law in the U.S.
and Europe was passed as pediatric regulation 2007 that required new adult drugs to be tested for use in children.
Robust product pipeline, increasing approval of new pediatric drugs and high outsourcing for drug development are
major factors driving pediatric clinical trials market growth. According to Pharmaceutical Research and Manufacturers’
Association (PHRMA) data in 2018, over 1,300 industry-sponsored pediatric clinical trials are underway across a variety
of therapeutic areas, including diseases where there is significant unmet need such as infectious diseases, neurologic
conditions, genetic disorders, and several forms of cancer.
Increasing number of drugs under clinical stage of development in order to cater to unmet medical needs for pediatric
patient population is expected to boost the market growth. According to Pharmaceutical Research and Manufacturers’
Association (PHRMA) data in 2018, over 1,300 industry-sponsored pediatric clinical trials are underway across a variety
of therapeutic areas, including diseases where there is significant unmet need such infectious diseases, neurologic
conditions, genetic disorders, and several forms of cancer.
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REPORT DESCRIPTION
Pediatric Clinical Trials Market Taxonomy:
By Clinical Trial Phase:
●
Pre-clinical
●
Phase I
●
Phase II
●
Phase III
By Study Design:
●
Interventional
●
Observational
By Medical Condition:
●
Neuropsychiatric Conditions
●
Infectious Diseases
●
Maternal and Perinatal Conditions
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Pediatric Clinical Trials Market: Key Players
●
Syneos Health Inc. *.
●
IQVIA Holdings, Inc.
●
Charles River Laboratories International Inc.
●
Covance Inc.
●
ICON plc.
●
Pharmaceutical Product Development, LLC.
●
Genentech (F. Hoffmann-La Roche AG).
●
Pfizer, Inc.
●
Bristol - Myers Squibb.
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Pediatric clinical trials play a major role in modern healthcare, as pediatric clinical trials are the only criteria to launch new drugs in market for various indications that affect pediatric population and therefore pharmaceutical and biotechnological industries have been gradually shifting from in-house clinical research to contract research organization (CRO).

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