Clinical Trials Support Services Market Size, Share & Trends Analysis Report By Service (Clinical Trial Site Management, Patient Recruitment Management), By Phase, By Sponsor, By Region, And Segment Forecasts, 2022

The global clinical trials support services market is expected to reach USD 37.1 billion by 2030, registering a CAGR of 7.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing the number of CROs offering clinical trial support services, and huge investment in research & development by the pharmaceutical and biopharmaceutical companies are the key factors driving the market growth. The industry felt the impact of the COVID-19 pandemic. The pandemic disrupted the supply chain to a severe extent in 2020. However, it also revealed ways to grow, either through M&A or through the adoption of digital technologies in clinical research.

Clinical trials encounter some concerning statistics, such as 85% of the clinical trials fail to recruit enough participants, 80% are delayed due to recruiting challenges, and the rate of dropout of participants is increasing. However, to overcome this, a patient retention strategy that is engaging and gives clarity is required. It is critical to ensure that the informed consent materials are simple to grasp. According to a CISCRP study, 35% of trial participants who later dropped out stated that informed consent was difficult to comprehend. An average American is 7th to 8th grade educated, and it is critical to guarantee and analyze the material's readability before submitting it to the Institutional Review Board (IRB).

Adoption of virtual clinical trials across the clinical trials support services industry is one of the major factors that has boosted revenue growth post-pandemic. An increasing number of clinical research organizations are focusing on the adoption of virtual technologies to streamline their clinical research services. According to the latest Annual CRO Report by the Veeva Unified Clinical Operations Survey, CROs are making significant advancements to speed up and modernize clinical trials. Findings from Veeva Systems reflect that CROs have taken decisive action to streamline trial execution by adopting new technologies and digital strategies that replace manual processes, eradicate information siloes, and enable trial collaborations.

Clinical Trials Support Services Market Report Highlights:

The clinical trial site management segment dominated the market with a revenue share of more than 43.9% in 2021. High cost associated with site monitoring and site recruitment is one the key factors for the largest share.

The phase III segment accounted for the maximum revenue share of 53.9% in the global market in 2021. Phase III clinical trials are highly expensive due to the involvement of huge subjects. The failure rate in this phase is the highest as the sample size and study design require complex dosing at an optimum level.

Pharmaceutical & biopharmaceutical companies dominated the market with the largest market share of 70.1% in 2021. Increasing R&D investments and the introduction of new drugs are primarily driving the segment market.

Asia Pacific is projected to be the registered fastest-growing CAGR of 8.5% during the forecast period.

Product Code: GVR-4-68039-475-9

Chapter 1 Methodology And Scope

1.1 Market Segmentation & Scope
- 1.1.1 Phase
- 1.1.2 Service
- 1.1.3 Sponsor
- 1.1.4 Regional Scope
- 1.1.5 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
- 1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
- 1.6.1 Commodity Flow Analysis (Model 1)
1.7 List Of Secondary Sources
1.8 List Of Primary Sources
1.9 List Of Abbreviations
1.10 Objectives
- 1.10.1 Objective - 1: Understanding The Market Dynamics
- 1.10.2 Objective - 2: Understanding The Market Estimates And Forecasts
- 1.10.3 Objective - 3: Understanding The Attributes Such As Strategy Framework
- 1.10.4 Objective - 4: Understanding The Key Service And Application Scopes To Conclude On The Market Size

Chapter 2 Executive Summary

2.1 Market Outlook

Chapter 3 Clinical Trials Support Services Market: Variables, Trends, & Scope

3.1 Market Segmentation And Scope
3.2 Market Driver Analysis
- 3.2.1 High R&D Spending Of Pharmaceutical & Biotechnology Companies
- 3.2.2 Increasing Number Of Cros Providing Services
- 3.2.3 Rising Demand For Clinical Trials In Emerging Markets
3.3 Market Restraint Analysis
- 3.3.1 Absence Of Medical Infrastructure And Hi-Tech Instruments
- 3.3.2 Lack Of Adequate Regulatory Framework For Conducting Clinical Trials In Some Countries
3.4 Penetration & Growth Prospect Mapping
3.5 Porter's Five Forces Analysis
3.6 Pestel Analysis

Chapter 4 Clinical Trials Support Services Market: Phase Segment Analysis

4.1 Clinical Trials Support Services: Market Share Analysis, 2021 & 2030
4.2 Phase I
- 4.2.1 Phase I Market, 2018 - 2030 (USD Million)
4.3 Phase Il
- 4.3.1 Phase Il Market, 2018 - 2030 (USD Million)
4.4 Phase Ill
- 4.4.1 Phase Ill Market, 2018 - 2030 (USD Million)
4.5 Phase IV
- 4.5.1 Phase IV Market, 2018 - 2030 (USD Million)

Chapter 5 Clinical Trials Support Services Market : Service Segment Analysis

5.1 Clinical Trials Support Services : Market Share Analysis, 2021 & 2030
5.2 Clinical Trial Site Management
- 5.2.1 Clinical Trial Site Management Market, 2018 - 2030 (USD Million)
5.3 Patient Recruitment Management
- 5.3.1 Patient Recruitment Management Market, 2018 - 2030 (USD Million)
- 5.3.2 Patient Recruitment & Registry Services
- 5.3.3 Patient Recruitment & Registry Services Market, 2018 - 2030 (USD Million)
- 5.3.4 Patient Retention
- 5.3.5 Patient Retention Market, 2018 - 2030 (USD Million)
- 5.3.6 Others
- 5.3.7 Others Market, 2018 - 2030 (USD Million)
5.4 Data Management
- 5.4.1 Data Management Market, 2018 - 2030 (USD Million)
5.5 Administrative Staff
- 5.5.1 Administrative Staff Market, 2018 - 2030 (USD Million)
5.6 IRB
- 5.6.1 IRB Market, 2018 - 2030 (USD Million)
5.7 Others
- 5.7.1 Others Market, 2018 - 2030 (USD Million)

Chapter 6 Clinical Trials Support Services Market: Sponsor Segment Analysis

6.1 Clinical Trials Support Services: Market Share Analysis, 2021 & 2030
6.2 Pharmaceutical & Biopharmaceutical Companies
- 6.2.1 Pharmaceutical & Biopharmaceutical Companies, 2018 - 2030 (USD Million)
6.3. Medical Devices
- 6.3.1 Medical Devices, 2018 - 2030 (USD Million)
6.4. Others
- 6.4.1 Others, 2018 - 2030 (USD Million)

Chapter 7 Clinical Trials Support Services Market: Region Segment Analysis

7.1 Clinical Trials Support Services: Market Share Analysis, 2021 & 2030
7.2 North America
- 7.2.1 North America Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.2.2 U.S.
  - 7.2.2.1 U.S. Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.2.3 Canada
  - 7.2.3.1 Canada Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
7.3 Europe
- 7.3.1 Europe Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.3.2 Uk
  - 7.3.2.1 Uk Clinical Trials Market, 2018 - 2030 (USD Million)
- 7.3.3 Germany
  - 7.3.3.1 Germany Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.3.4 France
  - 7.3.4.1 France Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.3.5 Italy
  - 7.3.5.1 Italy Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.3.6 Spain
  - 7.3.6.1 Spain Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
7.4 Asia Pacific
- 7.4.1 Asia Pacific Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.4.2 India
  - 7.4.2.1 India Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.4.3 China
  - 7.4.3.1 China Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.4.4 Japan
  - 7.4.4.1 Japan Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.4.5 Australia
  - 7.4.5.1 Australia Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.4.6 South Korea
  - 7.4.6.1 South Korea Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
7.5 Latin America
- 7.5.1 Latin America Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.5.2 Brazil
  - 7.5.2.1 Brazil Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.5.3 Mexico
  - 7.5.3.1 Mexico Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.5.4 Argentina
  - 7.5.4.1 Argentina Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.5.5 Colombia
  - 7.5.5.1 Colombia Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
7.6 MEA
- 7.6.1 MEA Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.6.2 South Africa
  - 7.6.2.1 South Africa Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.6.3 Saudi Arabia
  - 7.6.3.1 Saudi Arabia Clinical Trials Support Services Market, 2018 - 2030 (USD Million)
- 7.6.4 UAE
  - 7.6.4.1 UAE Clinical Trials Support Services Market, 2018 - 2030 (USD Million)

Chapter 8 Company Profiles

8.1 Charles River Laboratories International, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Performance
- 8.1.3 Service Benchmarking
- 8.1.4 Strategic Initiatives
8.2 Wuxi Apptec, Inc
- 8.2.1 Company Overview
- 8.2.2 Financial Performance
- 8.2.3 Service Benchmarking
- 8.2.4 Strategic Initiatives
8.3 Iqvia Holdings, Inc
- 8.3.1 Company Overview
- 8.3.2 Financial Performance
- 8.3.3 Service Benchmarking
- 8.3.4 Strategic Initiatives
8.4 Syneos Health, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Performance
- 8.4.3 Service Benchmarking
- 8.4.4 Strategic Initiatives
8.5 Eurofins Scientific
- 8.5.1 Company Overview
- 8.5.2 Financial Performance
- 8.5.3 Service Benchmarking
- 8.5.4 Strategic Initiatives
8.6 Ppd, Inc. (Pharmaceutical Product Development)
- 8.6.1 Company Overview
- 8.6.2 Financial Performance
- 8.6.3 Service Benchmarking
- 8.6.4 Strategic Initiatives
8.7 Icon Plc
- 8.7.1 Company Overview
- 8.7.2 Financial Performance
- 8.7.3 Service Benchmarking
- 8.7.4 Strategic Initiatives
8.8 Laboratory Corporation Of America Holdings (Labcorp)
- 8.8.1 Company Overview
- 8.8.2 Financial Performance
- 8.8.3 Service Benchmarking
- 8.8.4 Strategic Initiatives
8.9 Alcura
- 8.9.1 Company Overview
- 8.9.2 Service Benchmarking
- 8.9.3 Strategic Initiatives
8.10 Parexel International Corporation
- 8.10.1 Company Overview
- 8.10.2 Service Benchmarking
- 8.10.3 Strategic Initiatives

Product Code: GVR-4-68039-475-9

List of Tables

Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global Clinical trials support services market, by region 2018 - 2030 (USD Million)
Table 4 Global Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 5 Global Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 6 Global Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 7 North America Clinical trials support services market, by country 2018 - 2030 (USD Million)
Table 8 North America Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 9 North America Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 10 North America Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 11 U.S. Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 12 U.S. Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 13 U.S. Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 14 Canada Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 15 Canada Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 16 Canada Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 17 Europe Clinical trials support services market, by country 2018 - 2030 (USD Million)
Table 18 Europe Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 19 Europe Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 20 Europe Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 21 UK Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 22 UK Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 23 UK Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 24 Germany Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 25 Germany Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 26 Germany Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 27 France Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 28 France Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 29 France Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 30 Italy Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 31 Italy Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 32 Italy Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 33 Spain Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 34 Spain Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 35 Spain Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 36 Asia Pacific Clinical trials support services market, by country 2018 - 2030 (USD Million)
Table 37 Asia Pacific Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 38 Asia Pacific Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 39 Asia Pacific Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 40 Japan Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 41 Japan Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 42 Japan Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 43 China Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 44 China Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 45 China Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 46 India Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 47 India Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 48 India Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 49 Thailand Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 50 Thailand Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 51 Thailand Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 52 South Korea Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 53 South Korea Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 54 South Korea Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 55 Latin America Clinical trials support services market, by country 2018 - 2030 (USD Million)
Table 56 Latin America Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 57 Latin America Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 58 Latin America Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 59 Brazil Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 60 Brazil Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 61 Brazil Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 62 Mexico Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 63 Mexico Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 64 Mexico Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 65 Argentina Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 66 Argentina Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 67 Argentina Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 68 Colombia Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 69 Colombia Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 70 Colombia Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 71 MEA Clinical trials support services market, by country 2018 - 2030 (USD Million)
Table 72 MEA Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 73 MEA clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 74 MEA Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 75 South Africa Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 76 South Africa Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 77 South Africa Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 78 South Arabia Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 79 South Arabia Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 80 South Arabia Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)
Table 81 UAE Clinical trials support services market, by service 2018 - 2030 (USD Million)
Table 82 UAE Clinical trials support services market, by phase 2018 - 2030 (USD Million)
Table 83 UAE Clinical trials support services market, by sponsor 2018 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Commodity Flow Analysis
Fig. 9 Clinical trials support services market snapshot (2021)
Fig. 10 Clinical trials market segmentation
Fig. 11 Market driver relevance analysis (Current & future impact)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 Penetration & growth prospect mapping
Fig. 14 Porter's five forces analysis
Fig. 15 SWOT analysis, by factor (political & legal, economic and technological)
Fig. 16 Clinical trials support services market phase outlook: Segment dashboard
Fig. 17 Clinical trials support services market: Phase movement analysis
Fig. 18 Patient recruitment management market, 2018 - 2030 (USD Million)
Fig. 19 Patient recruitment management I market, 2018 - 2030 (USD Million)
Fig. 20 Patient recruitment management II market, 2018 - 2030 (USD Million)
Fig. 21 Patient recruitment management V market, 2018 - 2030 (USD Million)
Fig. 22 Clinical trials support services market service outlook: Segment dashboard market 2018 - 2030 (USD Million
Fig. 23 Clinical trials support services market: Service movement analysis
Fig. 24 Clinical trial site management market, 2018 - 2030 (USD Million)
Fig. 25 Patient recruitment management market, 2018 - 2030 (USD Million)
Fig. 26 Data management market, 2018 - 2030 (USD Million)
Fig. 27 Administrative staff market, 2018 - 2030 (USD Million)
Fig. 28 IRB market, 2018 - 2030 (USD Million)
Fig. 29 Others market, 2018 - 2030 (USD Million)
Fig. 30 Clinical trials support services market sponsor outlook: Segment dashboard market 2018 - 2030 (USD Million
Fig. 31 Clinical trials support services market: sponsor movement analysis
Fig. 32 Pharmaceutical & Biopharmaceutical companies market, 2018 - 2030 (USD Million)
Fig. 33 Medical Devices companies market, 2018 - 2030 (USD Million)
Fig. 34 Other's market, 2018 - 2030 (USD Million)
Fig. 35 Regional market: Key takeaways
Fig. 36 Regional outlook, 2020 & 2028
Fig. 37 North America market, 2018 - 2030 (USD Million)
Fig. 38 U.S. market, 2018 - 2030 (USD Million)
Fig. 39 Canada market, 2018 - 2030 (USD Million)
Fig. 40 Europe market, 2018 - 2030 (USD Million)
Fig. 41 UK market, 2018 - 2030 (USD Million)
Fig. 42 Germany market, 2018 - 2030 (USD Million)
Fig. 43 France market, 2018 - 2030 (USD Million)
Fig. 44 Italy market, 2018 - 2030 (USD Million)
Fig. 45 Spain market, 2018 - 2030 (USD Million)
Fig. 46 Asia pacific market, 2018 - 2030 (USD Million)
Fig. 47 Japan market, 2018 - 2030 (USD Million)
Fig. 48 China market, 2018 - 2030 (USD Million)
Fig. 49 India market, 2018 - 2030 (USD Million)
Fig. 50 Thailand market, 2018 - 2030 (USD Million)
Fig. 51 South Korea market, 2018 - 2030 (USD Million)
Fig. 52 Latin America market, 2018 - 2030 (USD Million)
Fig. 53 Brazil market, 2018 - 2030 (USD Million)
Fig. 54 Mexico market, 2018 - 2030 (USD Million)
Fig. 55 Argentina market, 2018 - 2030 (USD Million)
Fig. 56 Colombia market, 2018 - 2030 (USD Million)
Fig. 57 MEA market, 2018 - 2030 (USD Million)
Fig. 58 South Africa market, 2018 - 2030 (USD Million)
Fig. 59 South Arabia market, 2018 - 2030 (USD Million)
Fig. 60 UAE market, 2018 - 2030 (USD Million)

Clinical Trials Support Services Market Size, Share & Trends Analysis Report By Service (Clinical Trial Site Management, Patient Recruitment Management), By Phase, By Sponsor, By Region, And Segment Forecasts, 2022 - 2030

Description

Table of Contents

List of Tables

Clinical Trials Support Services Market Growth & Trends:

Clinical Trials Support Services Market Report Highlights:

Table of Contents

Chapter 1 Methodology And Scope

Chapter 2 Executive Summary

Chapter 3 Clinical Trials Support Services Market: Variables, Trends, & Scope

Chapter 4 Clinical Trials Support Services Market: Phase Segment Analysis

Chapter 5 Clinical Trials Support Services Market : Service Segment Analysis

Chapter 6 Clinical Trials Support Services Market: Sponsor Segment Analysis

Chapter 7 Clinical Trials Support Services Market: Region Segment Analysis

Chapter 8 Company Profiles

List of Tables

List of Figures