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Global Market Insights add New Global Clinical Trial Supply & Logistics Market report provides in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, industry landscape, size and forecast, five forces analysis, Key leading countries/Region.
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Industry Insights • The Global Clinical Trial Supply & Logistics Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. • Clinical Trial Supply & Logistics Market size is projected to expand at 7.9% CAGR from 2023-2032 driven by the expanding biopharmaceutical sector worldwide. • The continuous innovations in drug development, particularly biologics and specialty drugs, is amplifying the demand for specialized supply and logistics services across the biopharma domain. • The intricate nature of biopharmaceutical products is further necessitating tailored solutions for storage, handling, and transportation.
With the surging focus on advancing therapies with complex manufacturing processes, several pharmaceutical companies, contract research organizations (CROs), and logistics providers are entering partnerships to enhance the efficiency and reliability of clinical trial supply chains, further propelling the industry outlook. • In June 2023, pharma temperature-controlled provider SkyCell joined hands with Marken to deliver upgraded transportation options for clinical trials pharmaceutical goods. • In terms of service type, the market share from the drug manufacturing segment is anticipated to depict 5.7% CAGR from 2023-2032. • The ongoing efforts by pharmaceutical companies to conduct extensive clinical trials for the development of new drugs is surging the demand for efficient and reliable supply chain solutions. • The rising focus on maintaining regulatory compliance and minimizing costs along with the increasing availability of specialized services for ensuring timely and secure delivery of investigational drugs from manufacturing facilities to clinical trial sites is expected to propel segment growth.
Regional Analysis • Regionally, the Europe clinical trial supply and logistics industry held sizable revenue share in 2022 and is set to exhibit 7.8% growth rate between 2023 and 2032 propelled by the thriving pharmaceutical and biotechnology sectors. Europe has emerged as a prominent hub for global clinical trials owing to the presence of an established infrastructure, regulatory frameworks, and experienced clinical research landscape, further surging the demand for specialized supply chain and logistics services. • Competitive Analysis • Thermo Fisher Scientific Inc. (Patheon) • Catalent, Inc. • Parexel • Almac Group • Marken • Piramal Pharma Solutions • UDG Healthcare • DHL • Movianto • Packaging Coordinators Inc.
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