Global Clinical Trial Supply Services Market Growth (Status and Outlook) 2023-2029

Global Clinical Trial Supply Services Market Growth (Status and Outlook) 2023-2029

A safe clinical trial presupposes a robust supply chain management of the study drugs, consistent with various regional and global regulations and available infrastructures.

LPI (LP Information)' newest research report, the “Clinical Trial Supply Services Industry Forecast” looks at past sales and reviews total world Clinical Trial Supply Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Clinical Trial Supply Services sales for 2023 through 2029. With Clinical Trial Supply Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Clinical Trial Supply Services industry.

This Insight Report provides a comprehensive analysis of the global Clinical Trial Supply Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Clinical Trial Supply Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Clinical Trial Supply Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Clinical Trial Supply Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Clinical Trial Supply Services.

The global Clinical Trial Supply Services market size is projected to grow from US$ 1974.1 million in 2022 to US$ 3519.4 million in 2029; it is expected to grow at a CAGR of 8.6% from 2023 to 2029.

Safe clinical trials are premised on strong supply chain management of the investigational drug, in accordance with regional and global regulations, and in line with local production and development realities. Clinical trial consumable management is critical to avoid overproduction, inventory expiration, and oversupply.As the cost of drug development continues to rise, the supply of clinical trials is becoming ever more important.In addition, strict operational requirements for the implementation of a variety of biopharmaceutical products into clinical trials require constant reform of clinical trial supply strategies.This also requires the integration of multiple third party vendors at all stages of clinical development. Global Clinical Trial Supplies key players include Thermo Fisher Scientific, Catalent Pharma Solutions, Almac Group, Parexel International, UDG Healthcare etc. China top five manufacturers hold a Production Share over 70%. North America accounts for the most Sales Market Share, which have a share over 50%, followed by Europe. In terms of product, Supply Chain Management is the largest segment, with a Market Share over 35%. And in terms of application, the largest Application is Clinical Phase iii.

This report presents a comprehensive overview, market shares, and growth opportunities of Clinical Trial Supply Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Manufacturing
Packaging and Labeling
Logistics and Distribution

Segmentation by application
Oncology
Cardiovascular Diseases
Respiratory Diseases
CNS And Mental Disorders
Dermatology
Blood Disorders
Infectious Diseases
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Parexel International
ALMAC Group
Catalent Pharma Solutions
Piramal Pharma Solutions
Shertech Manufacturing
Thermo Fisher Scientific
PCI Services
Patheon, Inc.
Sharp Packaging Services
Biocair
Movianto
Klifo A/S.

Please note: The report will take approximately 2 business days to prepare and deliver.