The growth in the clinical trial supply and logistics market is driven by several factors. Firstly, the increasing complexity and globalization of clinical trials necessitate robust logistics solutions to manage multi-site studies and diverse regulatory environments. Secondly, the rise in biologics and personalized medicine, which often require specialized handling and storage, is propelling demand for advanced logistics capabilities. Furthermore, technological advancements such as real-time tracking, AI-driven predictive analytics, and blockchain are revolutionizing the supply chain management, making it more efficient and reliable. The COVID-19 pandemic has also underscored the importance of agile and resilient supply chains, prompting greater investment in supply chain infrastructure. Additionally, the growing outsourcing trend among pharmaceutical companies to CROs for clinical trial logistics services is expanding market opportunities. Lastly, stringent regulatory requirements for clinical trial supplies are driving the adoption of comprehensive logistics solutions to ensure compliance and mitigate risks.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Logistics & Distribution Services segment, which is expected to reach US$1.4 Billion by 2030 with a CAGR of a 6.0%. The Comparator Sourcing Services segment is also set to grow at 5.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $978.0 Million in 2023, and China, forecasted to grow at an impressive 9.0% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Clinical Trial Supply and Logistics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Clinical Trial Supply and Logistics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Clinical Trial Supply and Logistics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Almac Group, Bilcare Ltd., Biocair International Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 56 Featured):
- Almac Group
- Bilcare Ltd.
- Biocair International Ltd.
- Catalent, Inc.
- Eurofins Scientific SE
- Experic
- ICON plc
- Intertek Group PLC
- IQVIA Inc.
- Lonza Group Ltd.
- Movianto
- Oximio
- Parexel International (MA) Corporation
- PCI Pharma Services
- Piramal Pharma Solutions;
Table of Contents
Companies Mentioned
- Almac Group
- Bilcare Ltd.
- Biocair International Ltd.
- Catalent, Inc.
- Eurofins Scientific SE
- Experic
- ICON plc
- Intertek Group PLC
- IQVIA Inc.
- Lonza Group Ltd.
- Movianto
- Oximio
- Parexel International (MA) Corporation
- PCI Pharma Services
- Piramal Pharma Solutions;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 503 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3.6 Billion |
Forecasted Market Value ( USD | $ 5.2 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |