Clinical Trial Supplies Market was estimated to be over US$ 1900 million by 2019. The market is anticipated to grow at a CAGR of ~6.8% from 2019 to 2030.
The continual growth of the clinical trial supplies market can be attributed to several factors such as growing incidences of various diseases, rising number of clinical trials, and increase in R&D investments. Moreover, support from governments for conducting further research is anticipated to additionally contribute to the substantial growth of market between 2019 and 2030. However, longer approval time for clinical trials is likely to restrain growth of the market to a certain extent.
Major Key Players of the Clinical Trial Supplies Market are:
Almac Group, Catalent, Parexel International Corporation, Thermo Fisher Scientific, PCI Pharma Services, Sharp, Biocair, Movianto, KLIFO and MARKEN among others.
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