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Clinical Trial Supply & Logistics Market Trends

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

Clinical Trial Supply & Logistics Market Trends

The increasing number of clinical trials has emerged as a pivotal driver propelling the development of the clinical trial supply and logistics market. As the pharmaceutical and biotechnology industries continue to expand their research and development efforts, there has been a surge in the demand for efficient and reliable supply chain solutions to support these trials. This trend is fuelled by several factors, including the rising prevalence of complex and specialized therapies, globalization of clinical trials, and the imperative to expedite drug development processes. Consequently, pharmaceutical companies, contract research organizations (CROs), and other stakeholders are increasingly relying on specialized logistics providers to ensure the timely and seamless delivery of investigational drugs, medical devices, and other critical supplies to clinical trial sites worldwide.

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.

Clinical Trial Supply & Logistics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 279
  • Countries covered: 19
  • Pages: 180
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