Clinical Trial Packaging Market size was over USD 3.65 billion in 2024 and is projected to cross USD 12.87 billion by the end of 2037, witnessing more than 10.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of clinical trial packaging is estimated at USD 3.95 billion.
The growth of the market can primarily be ascribed to the convenient availability and utilization of blisters in medicine packaging. As of 2019, approximately 18 to 20 % of pharmaceutical packaging was fulfilled by blister packs.
Global clinical trial packaging market trends such as, mounting spending on pharmaceuticals R&D and rising disposable income of countries are projected to influence the growth of the market positively over the forecast period. For instance, in 2020, the spending on pharma R&D across the globe was estimated to be nearly USD 200 billion while as of 2022, approximately 100,000 clinical studies were registered solely in the USA. Moreover, ongoing development in medical technology is further estimated to propel the growth of the market over the forecast period. In 2022, the medical technology industry was forecasted to generate a revenue of about USD 375 billion. Hence, such factors are estimated to hike the growth of the market during the forecast period.
Author Credits: Abhishek Anil
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