Infinium Global Research has published a new report on Clinical Trial Supply and Logistic for Pharmaceutical Industry Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024. The report presents analysis of global as well as regional markets of clinical trial supply and logistic for pharmaceutical industry over the period of 2016 to 2024. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented both in terms of value for the historic year 2016 and estimated for forecast period of 2018 to 2024.
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The report also identifies the drivers and restraints that affect the clinical trial supply and logistic for pharmaceutical industry market over the period of 2016 to 2024.
Mergers and Acquisitions and R&D investments will enlighten the opportunities for global clinical supply and logistics market to grow in future.
Research and Development, new product launch and merger and acquisitions are the key strategies of the companies operating in the clinical trial supply and logistics market. Top companies operating in the industry account for the largest market share hence the clinical trial supply and logistics market is highly consolidated. The companies consider various factors while determining the prices of the clinical trial supply and logistics services, some of the factors include country level factors such as gross national income per capita, policies, and distribution channels in the country; government policies, value of developments, and cost of research and development among others.
Rising number of clinical trial operations by pharmaceutical industries is likely to propel the growth of the market.
According to Clinical Trials.Gov, the U.S. performs highest number of clinical trial operation per year. Apart from the U.S., countries in the Western European region also performs significant number of clinical trials per year. In the Asia-Pacific region, China conducts the highest number of clinical trial operations per year followed by South Korea, and Japan. South Korea shows the highest number of growth in the clinical trial operations. On the other hand, the number of clinical trial operations per year has been declining in India since 2009.
North America accounted for the largest market share among the geographies followed by Europe while APAC to grow at a highest CAGR:
The global clinical trial supply and logistic for pharmaceutical industry market has been dominated by the North America region over the historic period 2016-17 followed by Europe. The growth in the region is mainly driven by increasing number of clinical trials, and presence of top CRO and CMO in North America region. The U.S. performs highest number of clinical trial operation per year. Furthermore, the emerging markets of Asia-Pacific are expected to augment the growth in the global market over the forecast period owing to rapidly growing pharmaceutical industry, emergence of CROs and CMOs in Asia Pacific region.
The companies covered in the report include, DHL International GmbH, World Courier, Marken, The Almac Group, FedEx, Pamplona Capital Management, Movianto, Catalent, Inc, Patheon and Fisher Clinical Services, Inc.
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
