Product Code: GVR-1-68038-514-4
Clinical Trial Supplies Market Growth & Trends
The global clinical trial supplies market size is expected to reach USD 3.4 billion by 2030, expanding at 6.5% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing volume of clinical trial studies coupled with the growing complexity in conduction of these trials are some of the major factors driving the market growth.
Globally, an increase in the prevalence of chronic diseases and the rapidly aging population are expected to drive the growth of R&D of biologics, which is expected to further propel the demand for efficient clinical supplies and contribute to the growth of the clinical trial supplies industry. Furthermore, an increase in the demand for orphan drugs and high investment in the R&D of rare diseases are also expected to contribute toward the development of biologic drugs. Thus, owing to these factors, this segment is likely to witness significant growth during the forecast period.
For instance, in 2022, Novartis invested around USD 10 billion in research and development. It also secured 23 approvals in the European Union, Japan, China, and the U.S. for new drugs and rare diseases. The company is also conducting 44 ongoing phase III programs in India with 17 clinical programs running in rare diseases such as atypical hemolytic uremic syndrome (aHUS), Immune thrombocytopenic purpura (ITP), spinal muscular atrophy (SMA), and Lupus Nephritis.
Direct-to-Patients (DTP) is an upcoming segment in the distribution of clinical trial supplies, which is expected to be the future model of distribution. DTP is one of the emerging models that involves delivering drugs to patients directly to create patient-centric trials. This would facilitate fewer visits to the site and reduce the burden on participants. The COVID-19 outbreak has led to the increased adoption of such a model, to continue clinical trial studies with minimum disruption. In addition, patient retention and a diverse pool of patients worldwide are some of the notable reasons that can be attributed to the high adoption of this model.
Clinical Trial Supplies Market Report Highlights
- Based on the clinical phase, the market is anticipated to be dominated by the Phase III trial segment with a 52.7% revenue share in 2022. The presence of a large number of molecules currently under Phase III makes it the primary factor responsible for this deduction
- Among services, the storage, and distribution segment is anticipated to witness the fastest growth at a CAGR of 6.8% during the forecast period. The rise in global biologics pipeline and temperature-sensitive drugs is expected to increase the complexities related to the logistics of clinical trial supplies
- Biologics are expected to witness the fastest growth at 6.7% CAGR during the forecast period owing to the increasing research in the field of genetics and biotechnology such as the development of nanoparticle-based drug delivery systems
- In terms of therapeutic use, oncology dominated the market with a revenue share of 38.8% in 2022. According to the United Press International, hospitals in the U.S. are disposing of billions of cancer drug vials due to improper dosage, thereby indicating the need for appropriate supply management
Table of Contents
Chapter 1. Research Methodology And Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment Definitions
- 1.1.2. Clinical Phase
- 1.1.3. Product & Services
- 1.1.4. End Use
- 1.1.5. Therapeutic Area
- 1.2. Regional Scope
- 1.3. Estimates And Forecast Timeline
- 1.4. Objectives
- 1.4.1. Objective - 1
- 1.4.2. Objective - 2
- 1.4.3. Objective - 3
- 1.5. Research Methodology
- 1.6. Information Procurement
- 1.6.1. Purchased Database
- 1.6.2. GVR's Internal Database
- 1.6.3. Secondary Sources
- 1.6.4. Primary Research
- 1.7. Information Or Data Analysis
- 1.7.1. Data Analysis Models
- 1.8. Market Formulation & Validation
- 1.9. Model Details
- 1.9.1. Commodity Flow Analysis
- 1.9.2. Parent Market Analysis
- 1.10. List Of Secondary Sources
- 1.11. List Of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Clinical Trial Supplies Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Expansion of clinical trials sites
- 3.2.1.2. Growing R&D in biologics and biosimilar
- 3.2.1.3. Advancements in supply chain technology
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Presence of stringent regulatory policies
- 3.2.2.2. High Possibility of Counterfeiting Drugs
- 3.3. Clinical Trial Supplies Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Clinical Trial Supplies Market: Clinical Phase Estimates & Trend Analysis
- 4.1. Clinical Trial Supplies Market, By Clinical Phase: Segment Dashboard
- 4.2. Clinical Trial Supplies Market, By Clinical Phase: Movement Analysis
- 4.3. Clinical Trial Supplies Market Estimates & Forecasts, By Clinical Phase, 2018 - 2030
- 4.3.1. Phase I
- 4.3.1.1. Phase I Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 4.3.2. Phase II
- 4.3.2.1. Phase II Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 4.3.3. Phase III
- 4.3.3.1. Phase III Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 4.3.4. Phase IV
- 4.3.4.1. Phase IV Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 4.3.5. Others
- 4.3.5.1. Others market, 2018 to 2030 (USD Billion)
Chapter 5. Clinical Trial Supplies Market: Product & Service Estimates & Trend Analysis
- 5.1. Clinical Trial Supplies Market, By Product & Service: Segment Dashboard
- 5.2. Clinical Trial Supplies Market, By Product & Service: Movement Analysis
- 5.3. Clinical Trial Supplies Market Estimates & Forecasts, By Product & Service, 2018 - 2030
- 5.3.1. Manufacturing
- 5.3.1.1. Manufacturing Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 5.3.2. Storage & Distribution
- 5.3.2.1. Storage & Distribution Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 5.3.3. Supply Chain Management
- 5.3.3.1. Supply Chain Management Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
Chapter 6. Clinical Trial Supplies Market: Therapeutic Area Estimates & Trend Analysis
- 6.1. Clinical Trial Supplies Market, By Therapeutic Area: Segment Dashboard
- 6.2. Clinical Trial Supplies Market, By Therapeutic Area: Movement Analysis
- 6.3. Clinical Trial Supplies Market Estimates & Forecasts, By Therapeutic Area, 2018 - 2030
- 6.3.1. Oncology
- 6.3.1.1. Oncology clinical trial supplies market 2018 to 2030 (USD Billion)
- 6.3.2. CNS
- 6.3.2.1. CNS clinical trial supplies market 2018 to 2030 (USD Billion)
- 6.3.3. Cardiovascular
- 6.3.3.1. Cardiovascular clinical trial supplies market 2018 to 2030 (USD Billion)
- 6.3.4. Infectious disease
- 6.3.4.1. Infectious disease clinical trial supplies market 2018 to 2030 (USD Billion)
- 6.3.5. Metabolic disorders
- 6.3.5.1. Metabolic Disorders Clinical Trial Supplies Market, 2018 to 2030 (USD Billion)
- 6.3.6. Others
- 6.3.6.1. Others clinical trial supplies market 2018 to 2030 (USD Billion)
Chapter 7. Clinical Trial Supplies Market: End-use Estimates & Trend Analysis
- 7.1. Clinical Trial Supplies Market, By End-use: Segment Dashboard
- 7.2. Clinical Trial Supplies Market, By End-use: Movement Analysis
- 7.3. Clinical Trial Supplies Market Estimates & Forecasts, By End-use, 2018 - 2030
- 7.3.1. Pharmaceutical
- 7.3.1.1. Pharmaceutical Clinical trial supplies market 2018 to 2030 (USD Billion)
- 7.3.2. Biologics
- 7.3.2.1. Biologics clinical trial supplies market 2018 to 2030 (USD Billion)
- 7.3.3. Medical Devices
- 7.3.3.1. Medical devices clinical trial supplies market 2018 to 2030 (USD Billion)
- 7.3.4. Others
- 7.3.4.1. Others clinical trial supplies market 2018 to 2030 (USD Billion)
Chapter 8. Clinical Trial Supplies Market: Regional Estimates & Trend Analysis
- 8.1. Regional Market Share Analysis, 2022 & 2030
- 8.2. Regional Market Dashboard
- 8.3. Global Regional Market Snapshot
- 8.4. North America
- 8.4.1. Market Estimates and Forecast, 2018 - 2030 (Revenue, USD Billion)
- 8.4.2. U.S.
- 8.4.2.1. Key country dynamics
- 8.4.2.2. Competitive scenario
- 8.4.2.3. Regulatory framework
- 8.4.2.4. U.S. market estimates and forecasts, 2018 - 2030
- 8.4.3. Canada
- 8.4.3.1. Key country dynamics
- 8.4.3.2. Competitive scenario
- 8.4.3.3. Regulatory framework
- 8.4.3.4. Canada market estimates and forecasts, 2018 - 2030
- 8.5. Europe
- 8.5.1. UK
- 8.5.1.1. Key country dynamics
- 8.5.1.2. Competitive scenario
- 8.5.1.3. Regulatory framework
- 8.5.1.4. UK market estimates and forecasts, 2018 - 2030
- 8.5.2. Germany
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Competitive scenario
- 8.5.2.3. Regulatory framework
- 8.5.2.4. Germany market estimates and forecasts, 2018 - 2030
- 8.5.3. France
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Competitive scenario
- 8.5.3.3. Regulatory framework
- 8.5.3.4. France market estimates and forecasts, 2018 - 2030
- 8.5.4. Italy
- 8.5.4.1. Key country dynamics
- 8.5.4.2. Competitive scenario
- 8.5.4.3. Regulatory framework
- 8.5.4.4. Italy market estimates and forecasts, 2018 - 2030
- 8.5.5. Spain
- 8.5.5.1. Key country dynamics
- 8.5.5.2. Competitive scenario
- 8.5.5.3. Regulatory framework
- 8.5.5.4. Spain market estimates and forecasts, 2018 - 2030
- 8.5.6. Denmark
- 8.5.6.1. Key country dynamics
- 8.5.6.2. Competitive scenario
- 8.5.6.3. Regulatory framework
- 8.5.6.4. Denmark market estimates and forecasts, 2018 - 2030
- 8.5.7. Sweden
- 8.5.7.1. Key country dynamics
- 8.5.7.2. Competitive scenario
- 8.5.7.3. Regulatory framework
- 8.5.7.4. Sweden market estimates and forecasts, 2018 - 2030
- 8.5.8. Norway
- 8.5.8.1. Key country dynamics
- 8.5.8.2. Competitive scenario
- 8.5.8.3. Regulatory framework
- 8.5.8.4. Norway market estimates and forecasts, 2018 - 2030
- 8.6. Asia Pacific
- 8.6.1. Japan
- 8.6.1.1. Key country dynamics
- 8.6.1.2. Competitive scenario
- 8.6.1.3. Regulatory framework
- 8.6.1.4. Japan market estimates and forecasts, 2018 - 2030
- 8.6.2. India
- 8.6.2.1. Key country dynamics
- 8.6.2.2. Competitive scenario
- 8.6.2.3. Regulatory framework
- 8.6.2.4. India market estimates and forecasts, 2018 - 2030
- 8.6.3. China
- 8.6.3.1. Key country dynamics
- 8.6.3.2. Competitive scenario
- 8.6.3.3. Regulatory framework
- 8.6.3.4. China market estimates and forecasts, 2018 - 2030
- 8.6.4. South Korea
- 8.6.4.1. Key country dynamics
- 8.6.4.2. Competitive scenario
- 8.6.4.3. Regulatory framework
- 8.6.4.4. South Korea market estimates and forecasts, 2018 - 2030
- 8.6.5. Australia
- 8.6.5.1. Key country dynamics
- 8.6.5.2. Competitive scenario
- 8.6.5.3. Regulatory framework
- 8.6.5.4. Australia market estimates and forecasts, 2018 - 2030
- 8.6.6. Thailand
- 8.6.6.1. Key country dynamics
- 8.6.6.2. Competitive scenario
- 8.6.6.3. Regulatory framework
- 8.6.6.4. Thailand market estimates and forecasts, 2018 - 2030
- 8.7. Latin America
- 8.7.1. Brazil
- 8.7.1.1. Key country dynamics
- 8.7.1.2. Competitive scenario
- 8.7.1.3. Regulatory framework
- 8.7.1.4. Brazil market estimates and forecasts, 2018 - 2030
- 8.7.2. Mexico
- 8.7.2.1. Key country dynamics
- 8.7.2.2. Competitive scenario
- 8.7.2.3. Regulatory framework
- 8.7.2.4. Mexico Market estimates and forecasts, 2018 - 2030
- 8.7.3. Argentina
- 8.7.3.1. Key country dynamics
- 8.7.3.2. Competitive scenario
- 8.7.3.3. Regulatory framework
- 8.7.3.4. Argentina market estimates and forecasts, 2018 - 2030
- 8.8. MEA
- 8.8.1. South Africa
- 8.8.1.1. Key country dynamics
- 8.8.1.2. Competitive scenario
- 8.8.1.3. Regulatory framework
- 8.8.1.4. South Africa market estimates and forecasts, 2018 - 2030
- 8.8.2. Saudi Arabia
- 8.8.2.1. Key country dynamics
- 8.8.2.2. Competitive scenario
- 8.8.2.3. Regulatory framework
- 8.8.2.4. Saudi Arabia market estimates and forecasts, 2018 - 2030
- 8.8.3. UAE
- 8.8.3.1. Key country dynamics
- 8.8.3.2. Competitive scenario
- 8.8.3.3. Regulatory framework
- 8.8.3.4. UAE market estimates and forecasts, 2018 - 2030
- 8.8.4. Kuwait
- 8.8.4.1. Key country dynamics
- 8.8.4.2. Competitive scenario
- 8.8.4.3. Regulatory framework
- 8.8.4.4. Kuwait market estimates and forecasts, 2018 - 2030
Chapter 9. Competitive Landscape
- 9.1. Market Participant Categorization
- 9.1.1. Innovators
- 9.1.2. Market Leaders
- 9.1.3. Emerging Players
- 9.1.4. Company Market Share Analysis, 2022
- 9.2. Company Profiles
- 9.2.1. Almac Group
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Service benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. Biocair
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Service benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. Catalent, Inc.
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Service benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. KLIFO
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Service benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. Movianto
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Service benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. PCI Pharma Services
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Service benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. Sharp Services, LLC
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Service benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. Thermo Fisher Scientific, Inc.
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Service benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. Marken
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Service benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Paraxel International Corporation
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Service benchmarking
- 9.2.10.4. Strategic initiatives