Global Clinical Trial Market Growth (Status and Outlook) 2023-2029

Clinical trials are experiments or observations done in clinical research. Such prospective biomedical or behavioral research studies on human participants are designed to answer specific questions about biomedical or behavioral interventions, including new treatments (such as novel vaccines, drugs, dietary choices, dietary supplements, and medical devices) and known interventions that warrant further study and comparison. Clinical trials generate data on safety and efficacy. They are conducted only after they have received health authority/ethics committee approval in the country where approval of the therapy is sought. These authorities are responsible for vetting the risk/benefit ratio of the trial – their approval does not mean that the therapy is 'safe' or effective, only that the trial may be conducted.

LPI (LP Information)' newest research report, the “Clinical Trial Industry Forecast” looks at past sales and reviews total world Clinical Trial sales in 2022, providing a comprehensive analysis by region and market sector of projected Clinical Trial sales for 2023 through 2029. With Clinical Trial sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Clinical Trial industry.

This Insight Report provides a comprehensive analysis of the global Clinical Trial landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Clinical Trial portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Clinical Trial market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Clinical Trial and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Clinical Trial.

The global Clinical Trial market size is projected to grow from US$ 45650 million in 2022 to US$ 84150 million in 2029; it is expected to grow at a CAGR of 9.1% from 2023 to 2029.

The industry's leading producers are Parexel, PRA Health and LabCorp (Covance), which accounted for 4.94%, 7.25% and 11.81% of revenue in 2019, respectively. By region, North America has the highest share of income, at more than 39 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Clinical Trial market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Instruments(Products)
    Consumables
    Others

Segmentation by application
    Procurement and Supplies
    Rentals
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Fisher Clinical Services
    Myoderm
    Bilcare
    CliniChain
    Ancillare
    MESM
    ERG Holding
    Apex Medical Research
    Parexel
    PRA Health
    LabCorp (Covance)
    Marken
    AmerisourceBergen (World Courier)

List of Tables
    Table 1. Clinical Trial Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Instruments(Products)
    Table 3. Major Players of Consumables
    Table 4. Major Players of Others
    Table 5. Clinical Trial Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global Clinical Trial Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global Clinical Trial Market Size Market Share by Type (2018-2023)
    Table 8. Clinical Trial Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Clinical Trial Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global Clinical Trial Market Size Market Share by Application (2018-2023)
    Table 11. Global Clinical Trial Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global Clinical Trial Revenue Market Share by Player (2018-2023)
    Table 13. Clinical Trial Key Players Head office and Products Offered
    Table 14. Clinical Trial Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global Clinical Trial Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global Clinical Trial Market Size Market Share by Regions (2018-2023)
    Table 19. Global Clinical Trial Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global Clinical Trial Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas Clinical Trial Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas Clinical Trial Market Size Market Share by Country (2018-2023)
    Table 23. Americas Clinical Trial Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas Clinical Trial Market Size Market Share by Type (2018-2023)
    Table 25. Americas Clinical Trial Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas Clinical Trial Market Size Market Share by Application (2018-2023)
    Table 27. APAC Clinical Trial Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC Clinical Trial Market Size Market Share by Region (2018-2023)
    Table 29. APAC Clinical Trial Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC Clinical Trial Market Size Market Share by Type (2018-2023)
    Table 31. APAC Clinical Trial Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC Clinical Trial Market Size Market Share by Application (2018-2023)
    Table 33. Europe Clinical Trial Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe Clinical Trial Market Size Market Share by Country (2018-2023)
    Table 35. Europe Clinical Trial Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe Clinical Trial Market Size Market Share by Type (2018-2023)
    Table 37. Europe Clinical Trial Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe Clinical Trial Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa Clinical Trial Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa Clinical Trial Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa Clinical Trial Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Clinical Trial Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa Clinical Trial Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Clinical Trial Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of Clinical Trial
    Table 46. Key Market Challenges & Risks of Clinical Trial
    Table 47. Key Industry Trends of Clinical Trial
    Table 48. Global Clinical Trial Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global Clinical Trial Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global Clinical Trial Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global Clinical Trial Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. Fisher Clinical Services Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 53. Fisher Clinical Services Clinical Trial Product Offered
    Table 54. Fisher Clinical Services Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. Fisher Clinical Services Main Business
    Table 56. Fisher Clinical Services Latest Developments
    Table 57. Myoderm Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 58. Myoderm Clinical Trial Product Offered
    Table 59. Myoderm Main Business
    Table 60. Myoderm Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. Myoderm Latest Developments
    Table 62. Bilcare Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 63. Bilcare Clinical Trial Product Offered
    Table 64. Bilcare Main Business
    Table 65. Bilcare Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. Bilcare Latest Developments
    Table 67. CliniChain Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 68. CliniChain Clinical Trial Product Offered
    Table 69. CliniChain Main Business
    Table 70. CliniChain Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. CliniChain Latest Developments
    Table 72. Ancillare Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 73. Ancillare Clinical Trial Product Offered
    Table 74. Ancillare Main Business
    Table 75. Ancillare Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. Ancillare Latest Developments
    Table 77. MESM Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 78. MESM Clinical Trial Product Offered
    Table 79. MESM Main Business
    Table 80. MESM Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. MESM Latest Developments
    Table 82. ERG Holding Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 83. ERG Holding Clinical Trial Product Offered
    Table 84. ERG Holding Main Business
    Table 85. ERG Holding Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. ERG Holding Latest Developments
    Table 87. Apex Medical Research Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 88. Apex Medical Research Clinical Trial Product Offered
    Table 89. Apex Medical Research Main Business
    Table 90. Apex Medical Research Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. Apex Medical Research Latest Developments
    Table 92. Parexel Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 93. Parexel Clinical Trial Product Offered
    Table 94. Parexel Main Business
    Table 95. Parexel Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. Parexel Latest Developments
    Table 97. PRA Health Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 98. PRA Health Clinical Trial Product Offered
    Table 99. PRA Health Main Business
    Table 100. PRA Health Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 101. PRA Health Latest Developments
    Table 102. LabCorp (Covance) Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 103. LabCorp (Covance) Clinical Trial Product Offered
    Table 104. LabCorp (Covance) Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 105. LabCorp (Covance) Main Business
    Table 106. LabCorp (Covance) Latest Developments
    Table 107. Marken Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 108. Marken Clinical Trial Product Offered
    Table 109. Marken Main Business
    Table 110. Marken Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 111. Marken Latest Developments
    Table 112. AmerisourceBergen (World Courier) Details, Company Type, Clinical Trial Area Served and Its Competitors
    Table 113. AmerisourceBergen (World Courier) Clinical Trial Product Offered
    Table 114. AmerisourceBergen (World Courier) Main Business
    Table 115. AmerisourceBergen (World Courier) Clinical Trial Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 116. AmerisourceBergen (World Courier) Latest Developments
List of Figures
    Figure 1. Clinical Trial Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Clinical Trial Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Clinical Trial Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Clinical Trial Sales Market Share by Country/Region (2022)
    Figure 8. Clinical Trial Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Clinical Trial Market Size Market Share by Type in 2022
    Figure 10. Clinical Trial in Procurement and Supplies
    Figure 11. Global Clinical Trial Market: Procurement and Supplies (2018-2023) & ($ Millions)
    Figure 12. Clinical Trial in Rentals
    Figure 13. Global Clinical Trial Market: Rentals (2018-2023) & ($ Millions)
    Figure 14. Clinical Trial in Others
    Figure 15. Global Clinical Trial Market: Others (2018-2023) & ($ Millions)
    Figure 16. Global Clinical Trial Market Size Market Share by Application in 2022
    Figure 17. Global Clinical Trial Revenue Market Share by Player in 2022
    Figure 18. Global Clinical Trial Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas Clinical Trial Market Size 2018-2023 ($ Millions)
    Figure 20. APAC Clinical Trial Market Size 2018-2023 ($ Millions)
    Figure 21. Europe Clinical Trial Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa Clinical Trial Market Size 2018-2023 ($ Millions)
    Figure 23. Americas Clinical Trial Value Market Share by Country in 2022
    Figure 24. United States Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC Clinical Trial Market Size Market Share by Region in 2022
    Figure 29. APAC Clinical Trial Market Size Market Share by Type in 2022
    Figure 30. APAC Clinical Trial Market Size Market Share by Application in 2022
    Figure 31. China Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe Clinical Trial Market Size Market Share by Country in 2022
    Figure 38. Europe Clinical Trial Market Size Market Share by Type (2018-2023)
    Figure 39. Europe Clinical Trial Market Size Market Share by Application (2018-2023)
    Figure 40. Germany Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa Clinical Trial Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa Clinical Trial Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa Clinical Trial Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country Clinical Trial Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 54. APAC Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 55. Europe Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 57. United States Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 58. Canada Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 61. China Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 62. Japan Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 63. Korea Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 65. India Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 66. Australia Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 67. Germany Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 68. France Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 69. UK Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 70. Italy Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 71. Russia Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 72. Spain Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 75. Israel Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries Clinical Trial Market Size 2024-2029 ($ Millions)
    Figure 78. Global Clinical Trial Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global Clinical Trial Market Size Market Share Forecast by Application (2024-2029)

Fisher Clinical Services
Myoderm
Bilcare
CliniChain
Ancillare
MESM
ERG Holding
Apex Medical Research
Parexel
PRA Health
LabCorp (Covance)
Marken
AmerisourceBergen (World Courier)

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape