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Clinical Trials Market is projected to grow at a CAGR of 6.8% during 2023-2031: Analysis by Product Category (Drugs, Devices, Procedures), Phase (I, II, III, IV), Design (Interventional, Observational, Expanded Access), Indication (Oncology, Infectious Di

03-01-2023 01:18 PM CET | Health & Medicine

Press release from: Pragma Market Research and Business Consulting

Clinical Trials Market is projected to grow at a CAGR of 6.8%

The Global Clinical Trials Market Report 2023 by ๐๐ซ๐š๐ ๐ฆ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players.

It also covers key players and competitor analysis, providing a comprehensive understanding of the market's commercial landscape. The report is useful for gaining insights and understanding the market's outlook and prospects.

The global clinical trials market continues to thrive as a vital industry conducting research studies to assess the safety and effectiveness of drugs, medical devices, and other healthcare interventions. The market is being propelled by a variety of factors, including the rising prevalence of chronic diseases, increasing demand for personalized medicine, and ongoing development of innovative treatments and therapies. Additionally, the globalization of clinical trials presents opportunities for growth in emerging markets.

According to market research, the Global clinical trials market will reach $ 79,977.1 million by 2031, growing by 6.8% annually over 2021-2031, driven by the increasing number of clinical trials and increase in demand for novel therapies, rising prevalence on chronic diseases such as cancer and diabetes, the outbreak of tropical and infectious diseases such as COVID-19, and the increase in government initiatives and R&D investments.

๐†๐ž๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @:

https://www.pragmamarketresearch.com/reports/77065/global-clinical-trials-market-2021-2031-by-product-category-drugs-devices-procedures-phase-i-ii-iii-iv-design-interventional-observational-expanded-access-service-type-site-identification-lab-services-supply-logistic-decentralized-services-indication-oncology-infectious-diseases-cardiology-obesity-diabetes-neurology-end-user-and-region-trend-forecast-and-growth-opportunity/inquiry?UTM=AGPR

๐‘ฒ๐’†๐’š ๐’‘๐’๐’‚๐’š๐’†๐’“๐’” ๐’Š๐’ ๐’•๐’‰๐’† ๐’Ž๐’‚๐’“๐’Œ๐’†๐’• ๐’Š๐’๐’„๐’๐’–๐’…๐’†: Accell Clinical Research LLC, Charles River Laboratory, ClinDatrix Inc, Clinipace, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, ICON PLC, IQVIA Holdings Inc, Laboratory Corporation of America, Novo Nordisk AS, PAREXEL International Corporation, Pfizer Inc, Pharmaceutical Product Development LLC, PRA Health Sciences, Sanofi SA, SGS SA, Syneos Health Inc, Wuxi AppTec Inc, and others.

The report also includes the post COVID-19 impact, and Impact of Russia-Ukraine war on the market and a detailed analysis of the industry's end-user sectors.

The report offers an in-depth understanding of the Clinical Trials market and includes data from key players. It provides a detailed analysis of current trends and projected growth in the coming years, as well as information on drivers, opportunities, challenges, and threats. The report also provides comprehensive information on new products, developments, and future innovations in the market.

๐‘บ๐’†๐’ˆ๐’Ž๐’†๐’๐’•๐’‚๐’•๐’Š๐’๐’ ๐’ƒ๐’š ๐’•๐’š๐’‘๐’†๐’”, ๐’‚๐’‘๐’‘๐’๐’Š๐’„๐’‚๐’•๐’Š๐’๐’๐’”, ๐’‚๐’๐’… ๐’“๐’†๐’ˆ๐’Š๐’๐’๐’”:

Based on Product Category, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Trials of Drugs
o Small Molecule Drugs
o Vaccines
o Cell & Gene Therapy
o Other Drugs
- Trials of Devices
- Trials of Procedures

Based on Phase, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Phase I
- Phase II
- Phase III
- Phase IV

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐’๐ข๐ง๐ ๐ฅ๐ž ๐”๐ฌ๐ž๐ซ) @

https://www.pragmamarketresearch.com/buy/77065?type=su&UTM=AGPR

By Service Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Protocol Designing
- Site Identification
- Patient Recruitment
- Laboratory Services
- Bioanalytical Testing Services
- Clinical Trial Data Management Services
- Clinical Trial Supply & Logistic Services
- Decentralized Clinical Trial Services
- Medical Device Testing Services
- Other Clinical Trial Services

By Indication, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Oncology
- Infectious Diseases
- Cardiology
- Obesity
- Diabetes
- Neurology
- Immunology
- Pain Management
- Other Indications

๐‘ป๐’‰๐’† ๐’“๐’†๐’‘๐’๐’“๐’• ๐’„๐’๐’—๐’†๐’“๐’” ๐’•๐’‰๐’† ๐’‡๐’๐’๐’๐’๐’˜๐’Š๐’๐’ˆ ๐’“๐’†๐’ˆ๐’Š๐’๐’๐’”:

The Middle East and Africa (GCC Countries and Egypt), North America (the United States, Mexico, and Canada), South America (Brazil, etc.), Europe (Turkey, Germany, Russia UK, Italy, France, etc.), and Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

๐‘ป๐’‰๐’† ๐’“๐’†๐’‘๐’๐’“๐’•'๐’” ๐’Ž๐’‚๐’Š๐’ ๐’๐’ƒ๐’‹๐’†๐’„๐’•๐’Š๐’—๐’†๐’” ๐’‚๐’“๐’†:

To provide a comprehensive overview of the industry
To analyse the factors affecting the growth of the Clinical Trials market
To present past and future earnings of the market segments globally
To conduct a regional-level examination of the market and its current size and prospects
To study the market by product type and research methodologies
To profile key players in the market and assess their strengths and competitive structure.
To track the competitive advancements in the global Clinical Trials market.

๐†๐ž๐ญ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐“๐Ž๐‚, ๐“๐š๐›๐ฅ๐ž & ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ, ๐›๐ฒ ๐ฏ๐ข๐ฌ๐ข๐ญ๐ข๐ง๐ :

https://www.pragmamarketresearch.com/reports/77065/global-clinical-trials-market-2021-2031-by-product-category-drugs-devices-procedures-phase-i-ii-iii-iv-design-interventional-observational-expanded-access-service-type-site-identification-lab-services-supply-logistic-decentralized-services-indication-oncology-infectious-diseases-cardiology-obesity-diabetes-neurology-end-user-and-region-trend-forecast-and-growth-opportunity?UTM=AGPR

Target Audience of the Global Clinical Trials Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors

The report is a valuable source of information for companies and individuals interested in the market and provides an in-depth knowledge of the market. The table of contents includes chapters on industry overview, global competition, production market analysis, sales, consumption, export, import by regions, market analysis by region, company profiles, market forecast, and conclusions.

๐๐จ๐ญ๐ž: Custom research report can be available upon request.

๐‘ฉ๐’†๐’„๐’๐’Ž๐’† ๐’‚ ๐‘ซ๐’‚๐’•๐’‚ ๐‘ท๐’‚๐’“๐’•๐’๐’†๐’“ ๐’˜๐’Š๐’•๐’‰ ๐‘ท๐‘ด๐‘น.

https://www.pragmamarketresearch.com/consulting-services

๐‘ด๐’๐’“๐’† ๐‘น๐’†๐’‘๐’๐’“๐’•๐’” ๐’ƒ๐’š ๐‘ท๐’“๐’‚๐’ˆ๐’Ž๐’‚ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘น๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰:

North America Clinical Trials Market 2023:

In 2021, North America was one of the leading regions for clinical trials, with a significant number of trials taking place in the United States and Canada. The region's strong pharmaceutical and biotech industries, well-established regulatory framework, and advanced healthcare infrastructure make it an attractive location for clinical trials.

https://www.pragmamarketresearch.com/reports/77066/north-america-clinical-trials-market-2021-2031-by-product-category-drugs-devices-procedures-phase-i-ii-iii-iv-design-interventional-observational-expanded-access-service-type-site-identification-lab-services-supply-logistic-decentralized-services-indication-oncology-infectious-diseases-cardiology-obesity-diabetes-neurology-end-user-and-country-trend-forecast-and-growth-opportunity?UTM=AGPR

Asia Pacific Clinical Trials Market 2023:

The Asia Pacific region has become an increasingly important location for clinical trials, with countries like China, India, and South Korea playing a significant role. The region's large population, diverse patient pool, and lower costs compared to developed countries have made it an attractive destination for clinical trials.

In recent years, there has been a trend towards increasing the number of clinical trials in the Asia Pacific region, driven by factors such as government initiatives to boost the healthcare industry, the rise of contract research organizations (CROs), and the growing demand for new therapies to address diseases prevalent in the region.

https://www.pragmamarketresearch.com/reports/77068/asia-pacific-clinical-trials-market-2021-2031-by-product-category-drugs-devices-procedures-phase-i-ii-iii-iv-design-interventional-observational-expanded-access-service-type-site-identification-lab-services-supply-logistic-decentralized-services-indication-oncology-infectious-diseases-cardiology-obesity-diabetes-neurology-end-user-and-country-trend-forecast-and-growth-opportunity?UTM=AGPR

Global and Regional Clinical Trial Support Service Market 2023:

The clinical trial support services market refers to a wide range of services that are used to support clinical trials, including site management, patient recruitment, data management, and regulatory affairs. This market has been growing in recent years due to the increasing complexity of clinical trials and the growing demand for specialized services.

https://www.pragmamarketresearch.com/reports/74076/global-clinical-trial-support-service-market?UTM=AGPR

Global and Regional Clinical Trial Supplies Market 2023:

The clinical trial supplies market refers to the products and services that are used in clinical trials, including drugs, medical devices, and ancillary supplies such as packaging and labeling materials. This market has been growing in recent years due to the increasing number and complexity of clinical trials, as well as the growing demand for specialized services.

https://www.pragmamarketresearch.com/reports/34696/2022-2027-Global-and-Regional-Clinical-Trial-Supplies-Industry-Status-and-Prospects-Professional-Market-Research-Report-Standard-Version?UTM=AGPR

Global Clinical Trial Supply And Logistics Market 2023:

The clinical trial supply and logistics market refers to the products and services used in the distribution, storage, and management of clinical trial supplies. This market has been growing in recent years due to the increasing number and complexity of clinical trials, as well as the growing demand for specialized services.

https://www.pragmamarketresearch.com/reports/118960/clinical-trial-supply-and-logistics-market?UTM=AGPR

Global and Regional Clinical Trial Supply and Logistic for Pharmaceutical Market 2023:

Factors driving growth in the clinical trial supply and logistics market for pharmaceuticals include the increasing number and complexity of clinical trials, the globalization of clinical trials, and the growing demand for specialized services such as temperature-controlled logistics and direct-to-patient delivery.

https://www.pragmamarketresearch.com/reports/95362/global-clinical-trial-supply-and-logistic-for-pharmaceutical-market?UTM=AGPR

Clinical Trial Imaging Market 2023:

Factors driving growth in the clinical trial imaging market include the increasing use of imaging technologies in clinical trials, the growing demand for personalized medicine, and the increasing complexity of clinical trial design. Additionally, the use of artificial intelligence and machine learning in imaging analysis is expected to create new opportunities in the market.

https://www.pragmamarketresearch.com/reports/81991/clinical-trial-imaging-market?UTM=AGPR

Global Biotechnology & Pharmaceutical Services Outsourcing Market 2023:

Factors driving growth in the biotechnology and pharmaceutical services outsourcing market include the increasing complexity and cost of drug development, the growing demand for personalized medicine, and the increasing outsourcing of services by large pharmaceutical companies. Additionally, the growth of the biotechnology sector is expected to create new opportunities in the market.

https://www.pragmamarketresearch.com/reports/77411/global-biotechnology-pharmaceutical-services-outsourcing-market?UTM=AGPR

Global Artificial Intelligence (AI) in Drug Discovery Market 2023:

Factors driving growth in the global AI in drug discovery market include the increasing demand for personalized medicine, the growing availability of large-scale data sets, and the increasing complexity of the drug discovery process. Additionally, the use of AI technologies in drug discovery is expected to lead to significant cost savings and reduced drug development times.

https://www.pragmamarketresearch.com/reports/76099/global-artificial-intelligence-ai-in-drug-discovery-market-2020-2026-by-offering-technology-drug-type-therapeutic-area-application-end-user-and-region-trend-forecast-and-growth-opportunity?UTM=AGPR

๐‘ช๐’๐’๐’•๐’‚๐’„๐’• ๐‘ผ๐’”:

๐๐ซ๐š๐ ๐ฆ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก,

+1 425 230 0999

sales@pragmamarketresearch.com

๐‘จ๐’ƒ๐’๐’–๐’• ๐‘ผ๐’”:

Pragma Market Research is a dynamic market research and consulting firm with experienced analysts in various industries. Our industries of expertise include Medical Devices, Pharmaceuticals, Semiconductors, Machinery, Information and Communication Technology, Automobiles, Chemicals and Materials, Packaging, Food and Beverages, Specialty Chemicals, Fast Moving Consumer Goods, and more.

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You can edit or delete your press release Clinical Trials Market is projected to grow at a CAGR of 6.8% during 2023-2031: Analysis by Product Category (Drugs, Devices, Procedures), Phase (I, II, III, IV), Design (Interventional, Observational, Expanded Access), Indication (Oncology, Infectious Di here

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According to a new market report published by Persistence Market Research โ€œGlobal Market Study on Clinical Trial Management System: Asia to Witness Highest Growth by 2019โ€ the global clinical trial management system market was valued at USD 844.0 million in 2013 and is expected to grow at a CAGR of 14% from 2014 to 2019, to reach an estimated value of USD 1,848.5 million in 2019. Request Report TOC @ https://www.persistencemarketresearch.com/methodology/3017 โ€ฆ
Clinical Trial Logistics
Clinical Trial Logistics 16th to 17th May 2011, Marriott Regents Park, London, United Kingdom. It currently costs just over ยฃ500 million ($800 million) to bring a new chemical to market and development timelines continue to fall in the 10-15 year range. A key reason for high R&D costs is due to logistical failures including failure to recruit patients on time. A way to avoid this is to move clinical trialsโ€ฆ
Clinical Trial Logistics
Announcing SMi's 5th annualโ€ฆ Clinical Trial Logistics conference 16th and 17th May 2011, Central London, UK www.smi-online.co.uk/2011logistics-london6.asp It currently costs just over ยฃ500 million ($800 million) to bring a new chemical to market and development timelines continue to fall in the 10-15 year range. A key reason for high R&D costs is due to logistical failures including failure to recruit patients on time. A way to avoid this is to move clinicalโ€ฆ