Dublin, March 07, 2024 (GLOBE NEWSWIRE) -- The "Clinical Trial Supply and Logistics Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The global clinical trial supply and logistics market is poised for robust growth with projections revealing an increase from $4.31 billion in 2023 to an estimated $6.52 billion by 2028, according to the latest market research publication added to our comprehensive collection of industry reports. This anticipated growth signifies a compound annual growth rate (CAGR) of 8.5% over the forecast period.
The market's acceleration can be attributed to several factors, including an increase in the prevalence of chronic diseases, a surge in demand for personalized medicine, and technological innovations bolstering efficiency in clinical trials. With such trends propelling market dynamics, stakeholders can look forward to a multitude of investment and expansion opportunities across various regions and sectors.
Key Findings Uncovered in the Clinical Trial Supply and Logistics Market Research
- Asia-Pacific region is predicted to exhibit the highest growth rates in the clinical trial supply and logistics market, commanding attention from market leaders.
- Advancements in technology, including electronic data capture platforms and decision-making applications for supply chain optimization, are significant trends poised to transform the market landscape.
- Strategic collaborations and acquisitions, exemplified by U.S.-based Myonex's recent expansion in the European Union, underscore the growing competitive nature of the market.
- The broad service offerings in the clinical trial supply and logistics market, such as logistics and distribution, storage and retention, and packaging services among others, cater to diverse end-users across pharmaceuticals, biologicals, and medical devices verticals.
The extensive research report delves into the various phases of clinical trials, therapeutic areas, and end-user applications that are driving the market forward. With insights into the regional landscapes, the comprehensive analysis aids in understanding the intricate dynamics and regional nuances influencing market expansion.
This report serves as a pivotal resource for entities operating within the market, providing them with a detailed account of trends, opportunities, and competitive strategies that are shaping the current and future states of the clinical trial supply and logistics market.
As the industry sees continuous developments and a heightened focus on efficient, patient-centric clinical trials, the value and significance of the clinical trial supply and logistics sector become increasingly crucial. The detailed market research publication substantiates this notion and provides a deep dive into the factors contributing to the growth trajectory.
Such in-depth market analysis and projections underscore the importance of sound business decisions rooted in robust data and market intelligence, which are pivotal in navigating the evolving landscape of the clinical trial supply and logistics market.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value (USD) in 2024 | $4.69 Billion |
| Forecasted Market Value (USD) by 2028 | $6.52 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- United Parcel Service
- DHL Group
- FedEx Corporation
- Thermo Fisher Scientific Inc.
- IQVIA
- ICON plc
- Eurofins Scientific
- Catalent Inc.
- Intertek Group plc
- Parexel International Corporation
- UDG Healthcare PLC.
- Almac Group
- World Courier
- Piramal Pharma Solutions
- Sharp Clinical Services Ltd.
- Clinigen Group
- PCI Pharma Services
- Movianto Group
- Cold Chain Technologies
- Biocair International Limited
- QuickSTAT
- Wasdell Group
- Klifo A/S
- TrakCel
- Packaging Coordinators Inc.
- Biotec Services International Limited
- Proventa International
- Inceptua Group.
Key Topics Covered
- Executive Summary
- Clinical Trial Supply and Logistics Market Characteristics
- Clinical Trial Supply and Logistics Market Trends and Strategies
- Clinical Trial Supply and Logistics Market - Macro Economic Scenario
- Global Clinical Trial Supply and Logistics Market Size and Growth
- Clinical Trial Supply and Logistics Market Segmentation
- Clinical Trial Supply and Logistics Market Regional and Country Analysis
- Asia-Pacific Clinical Trial Supply and Logistics Market
- China Clinical Trial Supply and Logistics Market
- India Clinical Trial Supply and Logistics Market
- Japan Clinical Trial Supply and Logistics Market
- Australia Clinical Trial Supply and Logistics Market
- Indonesia Clinical Trial Supply and Logistics Market
- South Korea Clinical Trial Supply and Logistics Market
- Western Europe Clinical Trial Supply and Logistics Market
- UK Clinical Trial Supply and Logistics Market
- Germany Clinical Trial Supply and Logistics Market
- France Clinical Trial Supply and Logistics Market
- Italy Clinical Trial Supply and Logistics Market
- Spain Clinical Trial Supply and Logistics Market
- Eastern Europe Clinical Trial Supply and Logistics Market
- Russia Clinical Trial Supply and Logistics Market
- North America Clinical Trial Supply and Logistics Market
- USA Clinical Trial Supply and Logistics Market
- Canada Clinical Trial Supply and Logistics Market
- South America Clinical Trial Supply and Logistics Market
- Brazil Clinical Trial Supply and Logistics Market
- Middle East Clinical Trial Supply and Logistics Market
- Africa Clinical Trial Supply and Logistics Market
- Clinical Trial Supply and Logistics Market Competitive Landscape and Company Profiles
- Clinical Trial Supply and Logistics Market Other Major and Innovative Companies
- Global Clinical Trial Supply and Logistics Market Competitive Benchmarking
- Global Clinical Trial Supply and Logistics Market Competitive Dashboard
- Key Mergers and Acquisitions in the Clinical Trial Supply and Logistics Market
- Clinical Trial Supply and Logistics Market Future Outlook and Potential Analysis
- Appendix
For more information about this report visit https://www.researchandmarkets.com/r/309k1t
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
