Pharmacutical Clinical Trial Supply and Logistics Market | Page 3

REPORT DESCRIPTION
Clinical Trial Supply and Logistics Market Outlook:
On the basis of region, the global clinical trial supply and logistics market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to hold
a dominant position in this market, owing to the adoption of technologically advanced products, well
established regulatory agencies, and presence of major Contract Research Organizations (CRO’s) and
biopharmaceutical company’s hubs. Moreover, factors such as improved healthcare facilities and better
reimbursement scenario are also driving growth of clinical trial supply and logistics market in this region.
The number of new vendors trying to enter the healthcare industry are expected to increase over the
forecast period, as there are many niche market players trying to leverage the market share through new
inventories in medical devices and drugs. Also, they will require clinical trial supply management to cut
down costs across all aspects of the business, by reducing internal capacity - in terms of site maintenance
and employee headcount. Thus, emerging economies such as Asia Pacific and Latin America has huge
potential for market growth, and is projected to be the fastest growing region over the forecast period.
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