The Latin America, Middle East and Africa Clinical Trial Supply & Logistics Market would witness market growth of 13.6% CAGR during the forecast period (2022-2028).
Numerous clinical drug supply groups have difficulty keeping up with advances such as gene and cell therapy and decentralized trials. These developments necessitate the development of new supply capabilities, such as viral-vector manufacturing, patient-device management, and in-home services, which clinical drug supply functions cannot produce independently, efficiently, or rapidly.
Instead of turning inward, leaders in clinical drug supply are creating external collaborations with contract research organizations (CROs), technology suppliers, and other strategic partners. The pharmaceutical supply chain is undergoing a monumental change due to a more complicated regulatory environment; mounting pressure to boost operational efficiency and streamline costs by modernizing traditionally burdensome and error-prone processes; and the rise of personalized medicines, which require close supply chain collaboration and patient-centric orchestration.
To remain competitive, pharma supply chain organizations must integrate technologies and rely on product serialization to assure inventory visibility from beginning to end. However, the time, complexity, and resources required to create point-to-point interfaces with trading partners are prohibitively expensive. To ensure success in this environment, an enabling technology, a broad digital network of trading partners in the cloud that eliminates barriers to integration and enables businesses to arrange their supply chains around the patient's individual needs, is required.
The Argentine Ministry of Health (ANMAT) adopted a new law on April 26 that drastically decreases the clearance process for clinical studies. The new rule will reduce the evaluation period from 160 business days to no more than 70 days. The president of Argentina expects the number of trials being conducted in the country to treble in the next two years now that the updated legislation is in place. The Argentinean Chamber of Pharmaceutical Products said that 20 studies had been approved in the past two weeks, indicating that this new law already has a significant influence. Thus, government activities surrounding clinical trials enable sponsors to concentrate on conducting trials and developing further treatments. Consequently, these factors are driving the demand for the LAMEA Clinical Trial Supply & Logistics Market.
The Brazil market dominated the LAMEA Clinical Trial Supply & Logistics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $126 Million by 2028.The Argentina market is exhibiting a CAGR of 14.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.3% during (2022 - 2028).
Based on End-user, the market is segmented into Pharmaceuticals, Biologicals and Medical Device. Based on Therapeutic Area, the market is segmented into Cardiovascular Diseases, Respiratory Diseases, CNS & Mental Disorders, Oncology and Others. Based on Phase, the market is segmented into Phase III, Phase II, Phase I and Phase IV. Based on Service, the market is segmented into Logistics & Distribution, Comparator Sourcing, Storage & Retention, Packaging, Labeling, & Blinding, Manufacturing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Clinical Trial Supply & Logistics Market is Projected to reach USD 5.5 Billion by 2028, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Catalent, Inc., Marken (United Parcel Service of America, Inc.), Piramal Enterprises Limited, FedEx Corporation, Inizio Group Limited (Clayton, Dubilier & Rice), Parexel International Corporation (Phoenix Parentco, Inc.), Almac Group, Movianto (Walden Group SAS), and Deutsche Post DHL Group (The Deutsche Post AG)
Scope of the Study
Market Segments Covered in the Report:
By End-user
- Pharmaceuticals
- Biologicals
- Medical Device
By Therapeutic Area
- Cardiovascular Diseases
- Respiratory Diseases
- CNS & Mental Disorders
- Oncology
- Others
By Phase
- Phase III
- Phase II
- Phase I
- Phase IV
By Service
- Logistics & Distribution
- Comparator Sourcing
- Storage & Retention
- Packaging, Labeling, & Blinding
- Manufacturing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Catalent, Inc.
- Marken (United Parcel Service of America, Inc.)
- Piramal Enterprises Limited
- FedEx Corporation
- Inizio Group Limited (Clayton, Dubilier & Rice)
- Parexel International Corporation (Phoenix Parentco, Inc.)
- Almac Group
- Movianto (Walden Group SAS)
- Deutsche Post DHL Group (The Deutsche Post AG)
TABLE 1 LAMEA Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 4 LAMEA Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 5 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Biologicals Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Biologicals Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Medical Device Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Medical Device Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 12 LAMEA Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 13 LAMEA Cardiovascular Diseases Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Cardiovascular Diseases Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Respiratory Diseases Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Respiratory Diseases Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA CNS & Mental Disorders Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA CNS & Mental Disorders Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Oncology Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Oncology Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 24 LAMEA Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 25 LAMEA Phase III Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Phase III Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Phase II Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Phase II Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Phase I Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Phase I Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Phase IV Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Phase IV Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 34 LAMEA Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 35 LAMEA Logistics & Distribution Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Logistics & Distribution Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Comparator Sourcing Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Comparator Sourcing Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Storage & Retention Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Storage & Retention Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Packaging, Labeling, & Blinding Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Packaging, Labeling, & Blinding Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Clinical Trial Supply & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Clinical Trial Supply & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 49 Brazil Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 50 Brazil Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 51 Brazil Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 52 Brazil Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 53 Brazil Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 54 Brazil Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 55 Brazil Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 56 Brazil Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 57 Brazil Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 58 Brazil Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 59 Argentina Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 60 Argentina Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 61 Argentina Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 62 Argentina Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 63 Argentina Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 64 Argentina Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 65 Argentina Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 66 Argentina Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 67 Argentina Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 68 Argentina Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 69 UAE Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 70 UAE Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 71 UAE Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 72 UAE Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 73 UAE Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 74 UAE Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 75 UAE Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 76 UAE Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 77 UAE Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 78 UAE Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 81 Saudi Arabia Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 82 Saudi Arabia Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 89 South Africa Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 90 South Africa Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 91 South Africa Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 92 South Africa Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 93 South Africa Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 94 South Africa Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 95 South Africa Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 96 South Africa Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 97 South Africa Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 98 South Africa Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 99 Nigeria Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 100 Nigeria Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 101 Nigeria Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 102 Nigeria Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 103 Nigeria Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 104 Nigeria Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 105 Nigeria Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 106 Nigeria Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 107 Nigeria Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 108 Nigeria Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 111 Rest of LAMEA Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 112 Rest of LAMEA Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 113 Rest of LAMEA Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 114 Rest of LAMEA Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 119 Key Information – Thermo Fisher Scientific, Inc.
TABLE 120 Key information – CATALENT, INC.
TABLE 121 Key Information – MARKEN
TABLE 122 Key Information – Piramal Enterprises Limited
TABLE 123 Key Information – Deutsche Post DHL Group
TABLE 124 Key Information – FedEx Corporation
TABLE 125 Key Information – Inizio Group Limited
TABLE 126 Key Information – PAREXEL International Corporation
TABLE 127 Key Information – Almac Group
TABLE 128 Key Information – Movianto
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Thermo Fisher Scientific, Inc.
FIG 3 Swot analysis: thermo fisher scientific, inc.
FIG 4 Recent strategies and developments: Catalent, Inc.