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Global Clinical Trial Supply and Logistics Market Report

  • Report Code: IQ1151
  • Published Date: November, 2022
  • Pages: 100

Industry Overview

The Clinical Trial Supply and Logistics market was valued at $3,570.0 Million in 2022, and is projected to reach $5,006.8 Million by 2032 growing at a CAGR of 3.50% from 2023 to 2032.The clinical trial supply and logistics market is driven by a number of factors, including: Increased outsourcing of clinical trial logistics: Many pharmaceutical and biotech companies are outsourcing their clinical trial logistics to specialized companies in order to reduce costs and improve efficiency. Growth in the number of clinical trials: The increasing number of clinical trials being conducted globally is driving demand for clinical trial supply and logistics services. Regulatory requirements: Stringent regulatory requirements for the storage and handling of clinical trial materials are driving demand for specialized clinical trial supply and logistics services that can ensure compliance. Technological advancements: The use of technology, such as e-clinical systems and temperature-controlled packaging, is helping to improve the efficiency and effectiveness of clinical trial supply and logistics. Some of the top companies in the clinical trial supply and logistics market include: FedEx Supply Chain Biocair Marken Almac Group Fisher Clinical Services (part of Thermo Fisher Scientific) These companies have made a number of developments in recent years, including the expansion of their global networks and the adoption of new technologies to improve the efficiency and accuracy of their services.

 

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