Global Clinical Trial Market

According to the report "Global Clinical Trial Market”, published by published by Industry Data Forecast,
The industry has been estimated at USD 21.41 billion by 2021, at a CAGR of 7.75% from 2016 to 2021.
Clinical Trials are research studies performed on humans to gain specific information about biomedical
interventions such as novel vaccines, devices, treatments and drugs and thereby generating safety data.
They are conducted in four phases namely, Phase I, II, III and IV. It is mandatory for further approval of
the drug and to bring it into the market.
The market for Clinical Trials is mainly driven due to advancement in technology, increasing demand of
innovative solutions in healthcare industry, and further boosted the alliances between the pharmbiotech
companies and the clinical research organizations. But, the market growth can be hampered
due to factors such as lack of skilled professionals to operate advanced CTMS solutions and budget
constraints of small- and medium-sized pharmaceutical and biotechnology companies and small CROs.
Browse market data tables and in-depth TOC of the Clinical Trial Market Industry to 2021 @
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Global market for Clinical Trials is segmented based on Phase, design and indication. By Phase, the
market is further sub-segmented into Phase I, Phase II, and Phase III. By design, the market is further
sub-segmented into Interventional trials, Observational trials, Expanded Access trials. By indication, the
market is further sub-segmented into Autoimmune, Blood disorders, Cancer, Circulatory, CNS,
Congenital, CVS, Dermatology, Ear, Gastrointestinal, Genitourinary, Infections, Mental disorders,
Metabolic, Musculoskeletal, Nose, Ophthalmology. Cancer and CNS are the largest market share
contributors to the market. Segments like Gastrointestinal, Circulatory, Dermatology and Mental
Disorders are moving with high CAGR due to their increasing occurrence.
Geographically, Global market for Clinical Trials is segmented into North America, Asia Pacific, Latin
America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market
share across the globe, followed by Europe. Ample availability of funds to outsource Clinical Trials serves
as the major growth driver for the North America. The spread of analytics and awareness of its potential
are increasing at a rapid rate in Europe. The Clinical Trials market in the Asia-Pacific region is projected
to grow at the highest CAGR, which is greatly due to initiatives from the government and contributions
from academic laboratories, which helped augment growth.
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Key Points from Table of Contents
Overview:
3. Overview
3.1 Executive Summary
3.2 Key Inferences

3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
5. Industry Segmentation
Based on Phase
Based on Design
Based on Indications
6. Geographical Analysis
7. Pipeline Product Analysis
8. Strategic Analysis
8.1 PESTLE analysis
8.2 Porter’s five analysis
9. Industry Leaders' Analysis
10. Competitive Landscape
Geographical Segmentation:
North America Clinical Trial Market
Europe Clinical Trial Market
Asia-Pacific Clinical Trial Market
Latin America Clinical Trial Market
Middle-East and Africa Clinical Trial Market
The major companies operating in the global Clinical Trial Market are Chiltern (U.K.), Omnicare (U.S.),
PPD (U.S.), Parexel (U.S.), Kendle (U.S.), Quintles (U.S.), ICON Plc (Ireland), and Charles River(U.S.),
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The Clinical Trial market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on
the major countries/regions in which this industry is blooming and to also identify the regions that are
still untapped

Segment-level analysis in terms of technology, component, and type along with market size forecasts
and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their
impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes
broadly demographic, economics, and political, among other macro-environmental factors presented in
an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry,
using Porter’s five forces analysis for analyzing the level of competition and business strategy
development
A comprehensive list of key market players along with their product portfolio, current strategic
interests, key financial information, legal issues, SWOT analysis and analyst overview to study and
sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along
with new product launches, comparative financial studies and recent developments in the market by the
major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can
rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals
and organizations a strong financial foothold in the market
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