Global Clinical Trial Supply And Logistics Market Worth $20.7bn in 2021

Monday 3 April 2017, Amsterdam

This new report, now available on ASDReports, Global Clinical Trial Supply and Logistics Market for Pharma 2017-2027: Manufacturing, Logistics and Distribution, Supply Chain Management, Packaging, Cold Chain Logistics indicates that the global clinical trial supply and logistics market will see $20.7bn in spending in 2021.

The Global Clinical Trial Supply and Logistics Market is expected to grow at a CAGR of 7.0% from 2016-2021 and CAGR of 5.6% from 2021-2027. The market is expected to grow at a CAGR of 6.2% from 2016 to 2027. The market is estimated at $14.84bn in 2016 and $28.75bn in 2027.

The lead analyst of the report said: “Drug development trends that will affect the clinical trial supply and logistics market in that period include greater biological and orphan drug development. Moreover, demand for clinical-stage cold chain logistics will grow strongly to 2027. Rising need for cold chain logistics will increase demand for new packaging and monitoring technologies that offer lower-cost solutions, including reusable packaging and phase change materials that allow cooling for more-specific temperature ranges.

Clinical trial supply and logistics submarkets in emerging countries will grow faster from 2017, driven by further off-shoring and globalisation of clinical trials by multinational pharmaceutical companies. In the period of 2016-2027, the Chinese clinical trial supply and logistics submarket will grow with a CAGR of 10.8%.”

The 197-page report contains 120 charts that add visual analysis in order to explain the developing trends within the Global Clinical Trial Supply and Logistics Market.

The key player provides revenue forecasts for the period 2017-2027 as well as qualitative analyses for the leading segments: Manufacturing – also with sub forecasting for packaging and for other production, Logistics and distribution – also with sub forecasts for cold chain logistics and for other services and Supply chain management.

The 197-page report offers market forecasts for the United States (US), Germany, France, the United Kingdom, Italy, Spain, Japan, Brazil, Russia, China, India and Rest of the World.

This report discusses the regulatory outlook for the clinical trial supply chain in the national markets. It also assesses the outlook for cold chain logistics in the clinical trial sector, as well as regulatory aspects of cold chain distribution for clinical trial materials.

Moreover, this report provides qualitative analysis of the clinical trial supply and logistics market and profiles the leading companies offering clinical trial supply and logistics services to the pharmaceutical industry.