Clinical Trials Research Market Share

  • Report ID: 4215
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Clinical Trials Research Market Share

Regionally, the global clinical trials market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is set to account for largest revenue share by 2036, attributed to rising number of clinical trial studies in the region. As of 2022, the number projected for medical studies at the end of the year is nearly 55,000, which is an increase from the number of studies conducted in 2021 that were calculated to be around 50,000.  Additionally, rising investment in R&D and developing healthcare infrastructure of the region is further expected to hike the growth of the market over the forecast period.

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Author Credits:  Radhika Pawar


  • Report ID: 4215
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of clinical trials is evaluated at USD 52.27 billion.

Clinical Trials Market size was over USD 49.69 billion in 2023 and is expected to exceed USD 112.67 billion by 2036, growing at over 6.5% CAGR during the forecast period i.e., between 2024-2036. Rising adoption and development of novel drugs and therapies will boost the market growth.

North America industry is set to account for largest revenue share by 2036, attributed to rising number of clinical trial studies in the region.

The major players in the market are Clinipace Inc., Parexel International Corporation, Pfizer Inc., PPD Inc., Novo Nordisk A/S, Eli Lilly and Company, GSK plc, Merck & Co., Inc., AstraZeneca plc, and others.
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