Clinical Trial Supplies Market Analysis and
Forecast to 2025 by Recent Trends, Development
and Regional Growth Overview
“Clinical trial supply is responsible for offering clinical supplies needed
for clinical studies of medical devices or drugs in accordance with the
protocol and applicable regulatory necessities. The factors that propel
the growth of the market include growth of biopharmaceutical industry,
increase in a number of clinical trials, growing complexities, rising
number of biosimilar and biologics drugs in trials, and development in
supply chain management technology.”
Global Clinical Trial Supplies Market is anticipated to expand at a significant CAGR of 6.94% in the upcoming period as
the scope, product types, and its applications are increasing across the globe. Clinical trial supply is responsible for
offering clinical supplies needed for clinical studies of medical devices or drugs in accordance with the protocol and
applicable regulatory necessities. The factors that propel the growth of the market include growth of
biopharmaceutical industry, increase in a number of clinical trials, growing complexities, rising number of biosimilar
and biologics drugs in trials, and development in supply chain management technology.On the other hand, a factor
may hamper the growth of the market including the high cost of clinical trials. The market could be explored by clinical
phase, product/service type, therapeutic use, end use, and geography.
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Clinical trial supplies could be explored by clinical phase as Phase III, Phase II, Phase I, and Others. The “Phase I clinical
trials” segment led the clinical trial supplies market in 2017 and will continue to lead in the forecast period. The key
factors that may be attributed to the growth of market includes increasing number of Phase I clinical trials being