How big is the Clinical Trials Market?

The Clinical Trials Market size is expected to reach USD 50.66 billion in 2024 and grow at a CAGR of 5.91% to reach USD 67.50 billion by 2029. Read More

What is the current Clinical Trials Market size?

In 2024, the Clinical Trials Market size is expected to reach USD 50.66 billion. Read More

Who are the key players in Clinical Trials Market?

Clinipace, Laboratory Corporation of America, ICON PLC, Eli Lilly and Company and Novo Nordisk AS are the major companies operating in the Clinical Trials Market. Read More

Which is the fastest growing region in Clinical Trials Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Clinical Trials Market?

In 2024, the Asia Pacific accounts for the largest market share in Clinical Trials Market. Read More

What years does this Clinical Trials Market cover, and what was the market size in 2023?

In 2023, the Clinical Trials Market size was estimated at USD 47.83 billion. The report covers the Clinical Trials Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Clinical Trials Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Why is North America anticipated to witness a rapid growth rate in the Clinical Trials Market?

North America is anticipated to witness a rapid growth rate in the Clinical Trials Market due to a) High R&D expenditure of the pharmaceutical industry b) Presence of well-established players c) Robust regulatory framework d) Rising prevalence of diseases. Read More

Which is the major segment in the Clinical Trials Market by phase?

The major segment in the Clinical Trials Market by phase is Phase III. This is mainly due to the high number of clinical trials conducted in this phase compared to others. Read More

Clinical Trials Market Share

Statistics for the 2023 & 2024 Clinical Trials market share, created by Mordor Intelligence™ Industry Reports. Clinical Trials share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Clinical Trials Industry

The clinical trials market is moderately competitive. Strategic partnerships between pharmaceutical companies and CROs are expected to impact the market's growth significantly. Also, the quick adoption of advanced technology for improved healthcare contributes to the growth of the market. Some of the key players are Clinipace, Eli Lilly and Company, Laboratory Corporation of America, ICON PLC, and Novo Nordisk AS.

Clinical Trial Market Leaders

Clinipace
Laboratory Corporation of America
ICON PLC
Eli Lilly and Company
Novo Nordisk AS

*Disclaimer: Major Players sorted in no particular order

Clinical Trials Market Share

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Clinical Trials Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)