Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Press Releases

Clinical Trial Supplies Market worth $5.7 billion by 2027

Joseph Nchor by Editorial Staff
October 27, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, October 27, 2022 ) Global Clinical Trial Supplies Market is projected to reach USD 5.7 billion by 2027 from USD 3.6 billion in 2022, at a CAGR of 9.7% during the forecast period of 2022 to 2027.

Major Growth Driving Factors:

Factors such as growing R&D expenditure in biopharmaceutical and pharmaceutical companies and the growing number of clinical trials conducted globally. However, during the forecast period, the growing cost of clinical trials and drug development is expected to restrain the growth of this market.

The logistics and distribution segment accounted for the largest share of the services segment in the clinical trial supplies market in 2021.

On the basis of the service, the clinical trial supplies market is segmented into manufacturing; packaging, labeling, and blinding; comparator sourcing; logistics & distribution; storage & retention; and other services. In 2021, Logistics & distribution services accounted for a share in the market. During the forecast period, this segment is estimated to grow at the highest CAGR. Logistics & distribution and storage & retention are seen to be the leading segments with respect to the growth rate during the forecast period as a result of growing decentralization of clinical trials.

Download PDF Brochure@

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172240059

The oncology segment accounted for the largest share of the therapeutic area segment in the clinical trial supplies market in 2021

On the basis of therapeutic area, the clinical trial supplies market is divided into oncology, CNS & mental disorders, cardiovascular diseases, digestive disorders, infectious diseases, metabolic disorders, immunology, blood disorders, and other therapeutic areas (respiratory disorders, dermatological disorders, rare diseases, ENT diseases, Nephrology). In 2021, Oncology accounted for the largest segment in this market. Factors such as increasing number of research studies on cancer therapeutics and the growing companies focusing on cancer drugs into the market. During the forecast period, the oncology segment is projected to grow at the highest CAGR.

The Asia Pacific region is the fastest-growing region of the clinical trial supplies market in 2021.

On the basis of region, the clinical trial supplies market is broadly segmented into North America, Europe, the Asia Pacific, and the Rest of the World. During the forecast period, the Asia Pacific market is projected to register the highest growth. Factors such as emerging number of players, regulatory framework, huge population base and cost-effectiveness in Asia Pacific regions is driving the growth in the market. This is attracting the attention of a majority of pharmaceutical, biopharmaceutical, and biotechnology giants to consider conducting their clinical trials in Asia Pacific countries.

Global Key Players:

Key players in the Clinical trial supplies market include Thermo Fisher Scientific (US), Marken (US), Catalent, Inc. (US), Eurofins Scientific (France), and PRA Health Sciences (US).

Request Sample Pages@

https://www.marketsandmarkets.com/requestsampleNew.asp?id=172240059



Source link

Previous Post

UTECH® Products Expands Operations to Abu Dhabi, Totaling Eight International Offices

Next Post

Yuze … حساب تجاري شامل

RECOMMENDED NEWS

Stringent Environmental Regulations Driving the Waterborne Coatings Market

Stringent Environmental Regulations Driving the Waterborne Coatings Market

11 months ago
Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

10 months ago
Silage Films Market expected to grow at a CAGR of 3 percent and reach USD 1607.33 Mn by 2029

Silage Films Market expected to grow at a CAGR of 3 percent and reach USD 1607.33 Mn by 2029

7 months ago

Blockchain AI Market Innovations, Technology Growth and Research -2025

1 year ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • La Goulette, Tunisia’s little Sicily
  • Tunisia: Maghreb farmers embrace drones to fight climate change
  • Tunisia : French MEP Salima Yenbou lobbies to redistribute €60m in EU aid – Africa Intelligence
  • Tunisia’s Economic Recovery Slows Down amid the Drought

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC