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Clinical Trial Supply & Logistics Market Share

Report ID: GMI6853
Published Date: Oct 2023
Report Format: PDF

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Clinical Trial Supply & Logistics Market Share

Market players operating in the clinical trial supply & logistics market is as mentioned below:

Thermo Fisher Scientific Inc. (Patheon)
Catalent, Inc.
Parexel
Almac Group
Marken
Piramal Pharma Solutions
UDG Healthcare
DHL
Movianto
Packaging Coordinators Inc.

Within the clinical trial supply & logistics market, major industry players along with small and mid-size companies compete to offer advanced services in this space. Thermo Fisher Scientific, Piramal Pharm and Packaging Coordinators Inc accounts for largest market share in the overall industry. By meticulously assessing the market share of each company, considering factors such as the breadth of service offerings and customer satisfaction, one can unveil valuable insights into the competitive landscape of this market and strategically position themselves for success in this sector.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market size for clinical trial supply & logistics was USD 3.7 billion in 2022 and will register 7.9% CAGR from 2023-2032 due to the increasing prevalence of chronic diseases and the growing demand for novel therapies worldwide.

The logistics & distribution service type segment is expected to witness 7.7% CAGR from 2023-2032 on account of the rising need for efficient and reliable services due to clinical trials becoming increasingly global.

North America held 55.4% share of the industry in 2022 and is expected to witness commendable growth from 2023-2032 owing to the rising commitment to advancing healthcare and pharmaceutical research in the region.

Thermo Fisher Scientific Inc. (Patheon), Catalent, Inc., Parexel, Almac Group, Marken, Piramal Pharma Solutions, UDG Healthcare, and DHL are some of the major clinical trial supply & logistics companies worldwide.