The Clinical Trial Supply And Logistics Global Market Report 2023, provides comprehensive information on the clinical trial supply and logistics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Clinical Trial Supply And Logistics Market’s Growth:
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As per The Business Research Company’s Clinical Trial Supply And Logistics Global Market Report 2023, the global clinical trial supply and logistics market is expected to grow from $3.94 billion in 2022 to $4.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The clinical trial supply and logistics market is expected to reach $5.97 billion in 2027 at a CAGR of 8.5%.
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Adoption of technology is a key trend gaining popularity in the clinical trial supply and logistics market. Major companies operating in the clinical trial supply and logistics market are adopting new technologies to sustain their position in the market. For instance, in May 2021, N-SIDE, a Belgium-based software consulting company in advanced analytics, launched the N-SIDE Production App, which focuses on assisting biopharma companies in managing the challenges and risks associated with manufacturing trial material. The Production App makes use of a powerful optimization algorithm to optimize every choice made in the clinical supply chain and provides assistance in taking critical decisions like lot sizing, stability plan, network, scale-up strategy, and lot-to-lot allocation. It also aids in the reduction of waste, money, and timeliness, as well as the notification of any changes to all stakeholders.
The clinical trial supply and logistics market is segmented:
1) By Service: Logistics And Distribution, Storage And Retention, Packaging Labelling And Blinding, Manufacturing, Comparator Sourcing, Other Services2) By Phase: Phase I, Phase II, Phase III, Phase IV
3) By Area: Oncology, Cardiovascular Diseases, Respiratory Diseases, CNS and Mental Disorders, Other Areas
4) By End-User: Pharmaceuticals, Biologicals, Medical Device
Top Major Players:
DHL
FedEx
Thermo
IQVIA,
Eurofins
North America was the largest region in the clinical trial supply and logistics market in 2022.
The table of contents in TBRC’s clinical trial supply and logistics market report includes:
1. Executive Summary
2. Clinical Trial Supply And Logistics Market Characteristics
3. Clinical Trial Supply And Logistics Market Trends And Strategies
4. Clinical Trial Supply And Logistics Market – Macro Economic Scenario
5. Global Clinical Trial Supply And Logistics Market Size and Growth
…………………………………………………………………………
32. Global Clinical Trial Supply And Logistics Market Competitive Benchmarking
33. Global Clinical Trial Supply And Logistics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Clinical Trial Supply And Logistics Market
35. Clinical Trial Supply And Logistics Market Future Outlook and Potential Analysis
36. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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