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The global clinical trial supplies market was valued at USD 2.2 billion in 2022 and is anticipated to growing at a CAGR of 7.8% from 2023 to 2032. The global clinical trial supplies market is expected to reach USD 4.66 billion by 2032. Asia Pacific is expected to grow the fastest during the forecast period.
The tools and equipment needed for conducting scientific experiments, investigations, and clinical research are clinical trial supplies. The most often utilized supplies for clinical trials are infusion pumps, nebulizers, and syringe needles. They are primarily employed in conducting medical tests for the detection, prevention, and treatment of various diseases, evaluating the effectiveness of a particular therapeutic approach, and diagnosing multiple infections and metabolic illnesses. They also have different uses in cardiovascular, neurological, oncological, and pulmonary operations. The biopharmaceutical sector's rapid expansion is one of the main drivers propelling the market's growth. In addition to developing novel drug delivery technologies, clinical trials are rapidly gaining popularity in treating illnesses, including cancer and HIV. Additionally, technological developments supporting cold chain logistics and monitoring technologies are essential growth-inducing elements. Product producers optimize production and packing processes to reduce waste and improve overall cost-efficiency. Additionally, the growing tendency of contract research organizations (CROs) is favorably affecting industry expansion. CROs allow pharmaceutical, biotechnological, and medical equipment manufacturers to contract out research activities, maximizing the use of varied trial resources. Another aspect that is anticipated to benefit the market is the considerable research and development (R&D) efforts made by both governmental and non-governmental organizations (NGOs) to create cutting-edge medications and treatment options.
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The rise in demand- Only in developing nations like North America, Asia, and the rest of the world is the demand for clinical trials increasing by 82%. All companies generally conduct clinical trials depending on the kind of drug or gadget they are testing because these medications are only available on the market after passing them. And so serve as a critical factor that will increase the growth rate of the treatment market.
Adverse drug reaction- The undesired or harmful effects that may occur after administering a medicine under typical human usage circumstances are known as negative drug responses. Drug responses frequently cause jaundice, anemia, rashes, a drop in white blood cell count, kidney damage, and nerve damage that results in blurred vision or hearing.
The rise in new drug development- Before a medicine is introduced to the market for human consumption, a clinical trial to evaluate its efficacy in treating an illness is essential. Before being sold and distributed, the new pharmaceuticals must also adhere to international standards and license extensions. Clinical trial trends for drug development in developing nations have emerged over the past few years due to rising disease incidence, prevalence rates, and patient numbers.
Adverse effects during clinical trials- During the clinical testing phase, physical tests can identify many negative consequences. As a result, the main problem limiting the supply market is reporting adverse effects during clinical trials. The main obstacle for the industry, which could hinder market expansion, is believed to be the shorter procedure time and rate for drug approval. This is true despite the significant time and financial investments required to create biologics and novel drugs.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global clinical trial supplies market, with a 48.8% share of the market revenue in 2022.
North America currently dominates the clinical trial supplies market. The growing number of clinical trials worldwide is why North America has the most significant global market for clinical trial supplies. The ever-increasing disease prevalence, government financing, and technological improvements drive North America's clinical trial supplies market. Because more large-scale pharma R&D clinical trials are undertaken in these countries, significant CROs and biopharmaceutical companies establish their headquarters there. Additionally, North America has the largest market for clinical trial supplies and the most effective regulations for clinical trials, which are made more accessible by the use of cutting-edge therapies like electronic records and signatures, protection for human subjects, and best practices for non-clinical laboratory studies.
The Asia Pacific is expected to rise in the forecast period. The region's market is anticipated to increase significantly due to the enormous growth in clinical research. The low cost per patient in Asia Pacific nations and the availability of a broad population of patients who are simple to recruit are the main factors influencing the rise of clinical research in these regions.
North America Region Clinical Trial Supplies Market Share in 2022 - 48.8%
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The clinical phase segment is divided into Phase II, Phase I, Phase III, and Others. The phase III segment dominated the market, with a market share of around 45.6% in 2022. Clinical trials in phase III are more involved than those in earlier phases. The intricacy connected with this phase is the highest despite the relatively low number of medications. Due to the sample size and research design, which call for sophisticated dosing at an optimum level, this phase has the highest failure rate. Most failures are caused by noncompliance with safety & effectiveness criteria, and the loss associated with the failure is both financial and human. A situation like this could increase the need for effective logistics and supply chains, which is anticipated to favor market expansion.
The services segment is divided into comparator sourcing, manufacturing, supply chain management, and storage & distribution. Over the forecast period, the supply chain management segment is expected to grow at the fastest CAGR of 8.3%. Most of the world's areas fit this description, but not the United States, where manufacturing is also anticipated to expand at a profitable rate. The epidemic has highlighted the scenario of a broken supply chain and its effects on a nation's inhabitants. This encouraged the United States to increase its independence, finally focusing on manufacturing and services. Drug research, logistics, and distribution are just a few of the operations that make up this market's product and service segment.
The end-user segment is divided into medical devices, biologics, pharmaceuticals, and others. The biologics segment dominated, with a market share of around 39.7% in 2022. Due to growing research initiatives like the creation of biosimilar products and nanoparticle-based drug delivery systems in genetics and biotechnology, biologics and biosimilars—produced from living cells through highly complex manufacturing processes—are expected to experience steady growth. In recent years, the most cutting-edge medications for treating conditions like Crohn's disease, rheumatoid arthritis, and other autoimmune illnesses have been biologics, including hormones, blood products, vaccines, genes, insulin, and monoclonal antibody (mAb) products. Over the forecast period, biologics have grown significantly due to their more widespread use.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 2.2 billion |
| Market size value in 2032 | USD 4.66 billion |
| CAGR (2023 to 2032) | 7.8% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Regional Segments | North America, Asia Pacific, Europe, Latin America, Middle East, and Africa |
| Segments | Clinical Phase, Services, End-User |
As per The Brainy Insights, the size of the clinical trial supplies market was valued at USD 2.2 billion in 2022 to USD 4.66 billion by 2032.
The global clinical trial supplies market is growing at a CAGR of 7.8% during the forecast period 2023-2032.
North America emerged as the largest market for clinical trial supplies.
Key players in the clinical trial supplies market are KLIFO A/S, Almac Group Ltd., PAREXEL International Corporation, Patheon, Inc., Movianto GmbH, PCI Services, Biocair International Ltd., Thermo Fischer Scientific, Inc.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Clinical Phase
4.3.2. Market Attractiveness Analysis By Services
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The rise in demand
5.3. Restraints
5.3.1. Adverse drug reaction
5.4. Opportunities
5.4.1. The rise in new drug development
5.5. Challenges
5.5.1. Adverse effects during clinical trials
6. Global Clinical Trial Supplies Market Analysis and Forecast, By Clinical Phase
6.1. Segment Overview
6.2. Phase II
6.3. Phase I
6.4. Phase III
6.5. Others
7. Global Clinical Trial Supplies Market Analysis and Forecast, By Services
7.1. Segment Overview
7.2. Comparator Sourcing
7.3. Manufacturing
7.4. Supply Chain Management
7.5. Storage & Distribution
8. Global Clinical Trial Supplies Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Medical Device
8.3. Biologics
8.4. Pharmaceutical
8.5. Others
9. Global Clinical Trial Supplies Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Clinical Trial Supplies Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Clinical Trial Supplies Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. KLIFO A/S
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Almac Group Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. PAREXEL International Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Patheon, Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. PCI Services
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Biocair International Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Movianto GmbH
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Thermo Fischer Scientific, Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot`
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Marken
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Catalent Pharma Solutions
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
2. Global Phase II, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
3. Global Phase I, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
4. Global Phase III, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
5. Global Others, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
6. Global Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
7. Global Comparator Sourcing, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
8. Global Manufacturing, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
9. Global Supply Chain Management, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
10. Global Storage & Distribution, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
11. Global Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
12. Global Medical Device, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
13. Global Biologics, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
14. Global Pharmaceutical, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
15. Global Others, Clinical Trial Supplies Market, By Region, 2019-2032 (USD Billion)
16. North America Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
17. North America Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
18. North America Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
19. U.S. Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
20. U.S. Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
21. U.S. Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
22. Canada Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
23. Canada Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
24. Canada Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
25. Mexico Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
26. Mexico Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
27. Mexico Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
28. Europe Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
29. Europe Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
30. Europe Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
31. Germany Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
32. Germany Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
33. Germany Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
34. France Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
35. France Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
36. France Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
37. U.K. Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
38. U.K. Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
39. U.K. Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
40. Italy Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
41. Italy Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
42. Italy Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
43. Spain Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
44. Spain Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
45. Spain Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
46. Asia Pacific Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
47. Asia Pacific Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
48. Asia Pacific Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
49. Japan Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
50. Japan Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
51. Japan Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
52. China Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
53. China Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
54. China Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
55. India Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
56. India Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
57. India Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
58. South America Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
59. South America Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
60. South America Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
61. Brazil Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
62. Brazil Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
63. Brazil Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
64. Middle East and Africa Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
65. Middle East and Africa Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
66. Middle East and Africa Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
67. UAE Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
68. UAE Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
69. UAE Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
70. South Africa Clinical Trial Supplies Market, By Clinical Phase, 2019-2032 (USD Billion)
71. South Africa Clinical Trial Supplies Market, By Services, 2019-2032 (USD Billion)
72. South Africa Clinical Trial Supplies Market, By End-User, 2019-2032 (USD Billion)
List of Figures
1. Global Clinical Trial Supplies Market Segmentation
2. Global Clinical Trial Supplies Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Clinical Trial Supplies Market Attractiveness Analysis By Clinical Phase
9. Global Clinical Trial Supplies Market Attractiveness Analysis By Services
10. Global Clinical Trial Supplies Market Attractiveness Analysis By End-User
11. Global Clinical Trial Supplies Market Attractiveness Analysis By Region
12. Global Clinical Trial Supplies Market: Dynamics
13. Global Clinical Trial Supplies Market Share By Clinical Phase (2023 & 2032)
14. Global Clinical Trial Supplies Market Share By Services (2023 & 2032)
15. Global Clinical Trial Supplies Market Share By End-User (2023 & 2032)
16. Global Clinical Trial Supplies Market Share By Regions (2023 & 2032)
17. Global Clinical Trial Supplies Market Share By Company (2022)
This study forecasts global, regional, and country revenue from 2019 to 2032. Brainy Insights has segmented the global clinical trial supplies market based on the below-mentioned segments:
Global Clinical Trial Supplies Market by Clinical Phase:
Global Clinical Trial Supplies Market by Services:
Global Clinical Trial Supplies Market by End-User:
Global Clinical Trial Supplies Market by Region:
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