PUBLISHER: TechNavio | PRODUCT CODE: 1653088
PUBLISHER: TechNavio | PRODUCT CODE: 1653088
The clinical trials market in US is forecasted to grow by USD 6.5 billion during 2024-2029, accelerating at a CAGR of 5.3% during the forecast period. The report on the clinical trials market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of clinical trials of drugs, rise in adoption of artificial intelligence (AI)-based tools for drug delivery, and growing demand for personalized medicine and targeted therapies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5% |
CAGR | 5.3% |
Incremental Value | $6.5 bn |
Technavio's clinical trials market in US is segmented as below:
By Type
By Service Type
By Indication
By Geographical Landscape
This study identifies the advancement in technology and scientific research as one of the prime reasons driving the clinical trials market in US growth during the next few years. Also, rise in outsourcing of clinical trial process and growing investment in healthcare and pharmaceutical industries will lead to sizable demand in the market.
The report on the clinical trials market in US covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading clinical trials market in US vendors that include Accell Clinical Research LLC, Apex Medical Research Inc., Caidya, Charles River Laboratories International Inc., Clario, Clinipace Inc., CTI Clinical Trial and Consulting Inc., Eli Lilly and Co., ICON PLC, IQVIA Holdings Inc., Laboratory Corp. of America Holdings, Medpace Holdings Inc., Novartis AG, Novo Nordisk AS, Parexel International Corp., Pfizer Inc., Sanofi SA, Syneos Health, Thermo Fisher Scientific Inc., and WuXi AppTec Co. Ltd.. Also, the clinical trials market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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