Clinical Trial Supply and Logistic Market size was valued at US$ 19.06 Bn. in 2021 and the total revenue is expected to grow at CAGR 9.10% through 2022 to 2029, reaching nearly US$ 38.25 Bn.Clinical Trial Supply and Logistic Market Overview:
The clinical trial phase of research is the trial of the end product to maeasure the safety and efficacy of the drug. Clinical Trial and logistic service providers are aiming to provide support and equipment for clinical trials to the research institute. The service provider also manages the trial sits and contacts the patients on which drug can be tested. The market is driven by technological advancement in the supply chain. Increasing Research and Development expenditure by pharmaceutical and biopharmaceutical firms and rising number of Clinical Trial conducted globally, these factor is contributing to the market growth.To know about the Research Methodology:- Request Free Sample Report
Clinical Trial Supply and Logistic Market Dynamics:
The Pharmaceutical and biopharmaceutical sector is one of the biggest Research and Development spenders globally. Research and Development expenditure has risen for drug development and researches these are the main factor responsible for driving the market growth. Growing complexity in clinical studies and increased competition among key players are the factors responsible for the adoption of new technologies in supply chain management. As per the research and published article in 2019, 40,000 novel investigators globally are conducting a minimum of one clinical trial that is Food and Drug Administration (FDA) regulated. The rising incidence of cancer globally is providing novel opportunities for the biopharmaceutical global community and clinical trial supply and logistics management to develop new products in the market. As per the World Health Organization (WHO), approximately 555,318 latest cancer were noticed in the Middle East, in the year 2019. This region is expected to foresee over 961,098 cases by 2030, which would be the most number of cases of cancer among other global regions. The Covid-19 pandemic introduced logistical challenges to the clinical trial market. With the rapid and widespread adoption of the remote trial approach, the conventional supply chain has seen significant changes. Direct to patient approaches were used to manage the various logistical constraint of remote trials. The entry of new diseases, infections, and viruses are boost the Clinical Trial Supply and Logistic market during the forecast period. Because these new entries of disease are responsible for new Drug Development and Clinical Trials in the research institute.Clinical Trial Supply and Logistic Market Segment Analysis:
Based on the Service Type, The Clinical Trial Supply and Logistic Market is segmented into Logistics & Distribution, Storage & retention, Packaging, labeling, and blinding, Manufacturing, Comparator sourcing. Logistics & distribution segment is dominated by the Clinical Trial Supply and Logistic Market with the largest market share of 25% in the year 2021.This segment is also estimated to grow with the highest CAGR of xx% during the forecast period. This is because of an increasing number of trials and drug development of sensitive products and the highly regulated structure of the industry. Technology development is positively impacting the global market, both on the inbound and outbound side. Based on the End User, The Clinical Trial Supply and Logistic Market is segmented into Pharmaceuticals, Biological, and Medical Device. The pharmaceuticals segment has dominated the market with the highest market share of 41% in the year 2021. An increasing number of clinical studies conducted by pharmaceutical companies and Research and Development investment by these companies this factors are driving the market growth. Technological development and research are also the main dominating factors for the Clinical Trial Supply and Logistic Market. The biological segment is the second largest segment in the market with 28% of the market share in the year 2021. This segment is also estimated to grow with the highest CAGR during the forecasting period.
Clinical Trial Supply and Logistic Market Regional Insights:
North America dominated the Clinical Trial Supply and Logistic Market with the largest market share of 36.2% in 2021. It is also expected to register a CAGR of 5.8% during the forecast period. An increasing number of clinical trials for drug development conducted by pharmaceutical companies drive the market in this region. According to research, the U.S. Performs the highest number of clinical trial operations per year.US investment in medical and health, Research and Development grew by 45% from 2019 to 2021. The U.S Also spends 3.6 trillion on Research and Development, medical, and health. Asia Pacific is estimated to grow with the highest CAGR of 7.8% during the forecasting period. The region has access to a large and diversified patient pool, cheaper recruitment costs, and favourable policies that make the Asia Pacific desirable for clinical studies. The technological development and entry of new diseases, infections, and viruses in the region is the main responsible factor in growing the Clinical Trial Supply and Logistic Market during the forecast period. Europe is anticipated to grow rapidly in this market thanks to the easy accessibility of new technology. The highest growth has been seen in this region. For Example, Marken offers in-home clinical trial services such as DTP delivery and collection of biological samples. Marken's direct-to-patient services establish a supply chain that allows drugs to be delivered to the patient instead of the site. The objective of the report is to present a comprehensive analysis of the Clinical Trial Supply and Logistic Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Clinical Trial Supply and Logistic Market dynamic, structure by analyzing the market segments and project the Clinical Trial Supply and Logistic Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence in the Clinical Trial Supply and Logistic Market make the report investor’s guide.Clinical Trial Supply and Logistic Market Scope: Inquire before buying
Global Clinical Trial Supply and Logistic Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 19.06 Bn. Forecast Period 2022 to 2029 CAGR: 9.10% Market Size in 2029: US$ 38.25 Bn. Segments Covered: by Type • Logistics & distribution • Storage & retention • Packaging, labeling, and blinding • Manufacturing • Comparator sourcing by End Users • Pharmaceuticals • Biological • Medical Device Clinical Trial Supply and Logistic Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaClinical Trial Supply and Logistic Market Major key players:
• Piramal Pharma Solutions • UDG Healthcare • DHL • FedEx • Movianto • Packaging Coordinators Inc. • Thermo Fisher Scientific (Patheon) • Catalent, Inc. • Parexel • Almac Group • Marken • Merck & Co. Inc. • GlaxoSmithKline plc • SK Bioscience • TransMotion Medical Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Clinical Trial Supply and Logistic Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Clinical Trial Supply and Logistic Market? Ans: The Global Clinical Trial Supply and Logistic Market is growing at a CAGR of 9.10% during forecasting period 2022-2029. 3. What is scope of the Global Clinical Trial Supply and Logistic market report? Ans: Global Clinical Trial Supply and Logistic Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Clinical Trial Supply and Logistic market? Ans: The important key players in the Global Clinical Trial Supply and Logistic Market are – Piramal Pharma Solutions, UDG Healthcare, DHL, FedEx, Movianto, Packaging Coordinators Inc., Thermo Fisher Scientific (Patheon), Catalent, Inc., Parexel, Almac Group, Marken, Merck & Co. Inc., and GlaxoSmithKline plc. 5. What is the study period of this market? Ans: The Global Clinical Trial Supply and Logistic Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Clinical Trial Supply and Logistic Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Clinical Trial Supply and Logistic Market 3.4. Geographical Snapshot of the Clinical Trial Supply and Logistic Market , By Manufacturer share 4. Clinical Trial Supply and Logistic Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Clinical Trial Supply and Logistic Market 5. Supply Side and Demand Side Indicators 6. Clinical Trial Supply and Logistic Market Analysis and Forecast, 2021-2029 6.1. Clinical Trial Supply and Logistic Market Size & Y-o-Y Growth Analysis. 7. Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 7.1.1. Logistics & distribution 7.1.2. Storage & retention 7.1.3. Packaging, labeling, and blinding 7.1.4. Manufacturing 7.1.5. Comparator sourcing 7.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 7.2.1. Pharmaceuticals 7.2.2. Biological 7.2.3. Medical Device 8. Clinical Trial Supply and Logistic Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 9.1.1. Logistics & distribution 9.1.2. Storage & retention 9.1.3. Packaging, labeling, and blinding 9.1.4. Manufacturing 9.1.5. Comparator sourcing 9.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 9.2.1. Pharmaceuticals 9.2.2. Biological 9.2.3. Medical Device 10. North America Clinical Trial Supply and Logistic Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 11.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 12. Canada Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 12.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 13. Mexico Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 13.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 14. Europe Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 14.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 15. Europe Clinical Trial Supply and Logistic Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 16.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 17. France Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 17.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 18. Germany Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 18.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 19. Italy Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 19.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 20. Spain Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 20.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 21. Sweden Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 21.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 22. CIS Countries Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 22.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 23. Rest of Europe Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 23.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 24. Asia Pacific Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 24.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 25. Asia Pacific Clinical Trial Supply and Logistic Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 26.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 27. India Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 27.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 28. Japan Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 28.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 29. South Korea Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 29.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 30. Australia Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 30.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 31. ASEAN Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 31.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 32. Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 32.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 33. Middle East Africa Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 33.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 34. Middle East Africa Clinical Trial Supply and Logistic Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 35.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 36. GCC Countries Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 36.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 37. Egypt Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 37.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 38. Nigeria Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 38.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 39. Rest of ME&A Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 39.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 40. South America Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 40.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 41. South America Clinical Trial Supply and Logistic Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 42.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 43. Argentina Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 44. Rest of South America Clinical Trial Supply and Logistic Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Service Type , 2021-2029 44.2. Market Size (Value) Estimates & Forecast By End Users , 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Clinical Trial Supply and Logistic Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. UDG Healthcare 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. DHL 45.3.3. FedEx 45.3.4. Movianto 45.3.5. Packaging Coordinators Inc. 45.3.6. Thermo Fisher Scientific (Patheon) 45.3.7. Catalent, Inc. 45.3.8. Parexel 45.3.9. Almac Group 45.3.10. Marken 45.3.11. Merck & Co. Inc. 45.3.12. GlaxoSmithKline plc 45.3.13. SK Bioscience 45.3.14. TransMotion Medical Inc. 46. Primary Key Insights