The North America Clinical Trial Supply & Logistics Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
The development of digital technology enabled the surmounting of the obstacles that arose during clinical trials, and future clinical trials will require the same. Some digital services, such as cloud-enabled digital core, blockchain-based product tracking, use of the internet of things, etc., are likely to transform biopharmaceutical companies' approach to clinical supplies management by incorporating valuable insight from multiple data sources, improving patient experience, boosting clinical trial productivity, and enhancing the quality of data collected during trials.
In June 2020, for instance, Almac Clinical Technologies, a subsidiary of the Almac Group, unveiled Simplify, an IRT solution of the next generation. It has a standard set of adjustable features to speed up the study initiation procedure.
Due to the increasing number of clinical trials, North America's clinical trial supply and logistics market were the largest in the world. In North America, the industry is driven by technology improvements, government financing, and the rising incidence of diseases. Due to a more significant number of large-scale pharma R&D clinical trials undertaken in this region, the regional headquarters of significant CROs and biopharmaceutical companies are located in this region. In addition, North America is the largest market for clinical trial supply & logistics. The most effective regulation of clinical trials with advanced therapies like electronic records and signatures, protection of human subjects, and good clinical practices for non-clinical laboratory studies facilitate the overall clinical trial studies. The clinical trial supply & logistics market in North America has the greatest market size and is anticipated to experience substantial expansion during the forecast period.
The US market dominated the North America 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 $1,488.9 Million by 2028.The Canada market is poised to grow at a CAGR of 9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Clinical Trial Supply & Logistics Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Clinical Trial Supply & Logistics Market, by End-user
1.4.2 North America Clinical Trial Supply & Logistics Market, by Therapeutic Area
1.4.3 North America Clinical Trial Supply & Logistics Market, by Phase
1.4.4 North America Clinical Trial Supply & Logistics Market, by Service
1.4.5 North America Clinical Trial Supply & Logistics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Scenario and Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Clinical Trial Supply & Logistics Market
Chapter 4. North America Clinical Trial Supply & Logistics Market by End-user
4.1 North America Pharmaceuticals Market by Country
4.2 North America Biologicals Market by Country
4.3 North America Medical Device Market by Country
Chapter 5. North America Clinical Trial Supply & Logistics Market by Therapeutic Area
5.1 North America Cardiovascular Diseases Market by Country
5.2 North America Respiratory Diseases Market by Country
5.3 North America CNS & Mental Disorders Market by Country
5.4 North America Oncology Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Clinical Trial Supply & Logistics Market by Phase
6.1 North America Phase III Market by Country
6.2 North America Phase II Market by Country
6.3 North America Phase I Market by Country
6.4 North America Phase IV Market by Country
Chapter 7. North America Clinical Trial Supply & Logistics Market by Service
7.1 North America Logistics & Distribution Market by Country
7.2 North America Comparator Sourcing Market by Country
7.3 North America Storage & Retention Market by Country
7.4 North America Packaging, Labeling, & Blinding Market by Country
7.5 North America Manufacturing Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Clinical Trial Supply & Logistics Market by Country
8.1 US Clinical Trial Supply & Logistics Market
8.1.1 US Clinical Trial Supply & Logistics Market by End-user
8.1.2 US Clinical Trial Supply & Logistics Market by Therapeutic Area
8.1.3 US Clinical Trial Supply & Logistics Market by Phase
8.1.4 US Clinical Trial Supply & Logistics Market by Service
8.2 Canada Clinical Trial Supply & Logistics Market
8.2.1 Canada Clinical Trial Supply & Logistics Market by End-user
8.2.2 Canada Clinical Trial Supply & Logistics Market by Therapeutic Area
8.2.3 Canada Clinical Trial Supply & Logistics Market by Phase
8.2.4 Canada Clinical Trial Supply & Logistics Market by Service
8.3 Mexico Clinical Trial Supply & Logistics Market
8.3.1 Mexico Clinical Trial Supply & Logistics Market by End-user
8.3.2 Mexico Clinical Trial Supply & Logistics Market by Therapeutic Area
8.3.3 Mexico Clinical Trial Supply & Logistics Market by Phase
8.3.4 Mexico Clinical Trial Supply & Logistics Market by Service
8.4 Rest of North America Clinical Trial Supply & Logistics Market
8.4.1 Rest of North America Clinical Trial Supply & Logistics Market by End-user
8.4.2 Rest of North America Clinical Trial Supply & Logistics Market by Therapeutic Area
8.4.3 Rest of North America Clinical Trial Supply & Logistics Market by Phase
8.4.4 Rest of North America Clinical Trial Supply & Logistics Market by Service
Chapter 9. Company Profiles
9.1 Thermo Fisher Scientific, Inc. (Pantheon)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.5.4 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 Catalent, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.5.3 Geographical Expansions:
9.3 Marken (United Parcel Service of America, Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.4 Piramal Enterprises Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Product Launches and Product Expansions:
9.5 Deutsche Post DHL Group (The Deutsche Post AG)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Acquisition and Mergers:
9.6 FedEx Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.7 Inizio Group Limited (Clayton, Dubilier & Rice)
9.7.1 Company Overview
9.8 Parexel International Corporation (Phoenix Parentco, Inc.)
9.8.1 Company Overview
9.9 Almac Group
9.9.1 Company Overview
9.10. Movianto (Walden Group SAS)
9.10.1 Company Overview
TABLE 1 North America Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 2 North America Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 3 North America Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 4 North America Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 5 North America Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Biologicals Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Biologicals Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Medical Device Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Medical Device Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 12 North America Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 13 North America Cardiovascular Diseases Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Cardiovascular Diseases Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Respiratory Diseases Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Respiratory Diseases Market by Country, 2022 - 2028, USD Million
TABLE 17 North America CNS & Mental Disorders Market by Country, 2018 - 2021, USD Million
TABLE 18 North America CNS & Mental Disorders Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Oncology Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Oncology Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 24 North America Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 25 North America Phase III Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Phase III Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Phase II Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Phase II Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Phase I Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Phase I Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Phase IV Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Phase IV Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 34 North America Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 35 North America Logistics & Distribution Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Logistics & Distribution Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Comparator Sourcing Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Comparator Sourcing Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Storage & Retention Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Storage & Retention Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Packaging, Labeling, & Blinding Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Packaging, Labeling, & Blinding Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Clinical Trial Supply & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Clinical Trial Supply & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 49 US Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 50 US Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 51 US Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 52 US Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 53 US Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 54 US Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 55 US Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 56 US Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 57 US Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 58 US Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 59 Canada Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 60 Canada Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 61 Canada Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 62 Canada Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 63 Canada Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 64 Canada Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 65 Canada Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 66 Canada Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 67 Canada Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 68 Canada Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 69 Mexico Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 70 Mexico Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 71 Mexico Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 72 Mexico Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 73 Mexico Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 74 Mexico Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 75 Mexico Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 76 Mexico Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 77 Mexico Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 78 Mexico Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 79 Rest of North America Clinical Trial Supply & Logistics Market, 2018 - 2021, USD Million
TABLE 80 Rest of North America Clinical Trial Supply & Logistics Market, 2022 - 2028, USD Million
TABLE 81 Rest of North America Clinical Trial Supply & Logistics Market by End-user, 2018 - 2021, USD Million
TABLE 82 Rest of North America Clinical Trial Supply & Logistics Market by End-user, 2022 - 2028, USD Million
TABLE 83 Rest of North America Clinical Trial Supply & Logistics Market by Therapeutic Area, 2018 - 2021, USD Million
TABLE 84 Rest of North America Clinical Trial Supply & Logistics Market by Therapeutic Area, 2022 - 2028, USD Million
TABLE 85 Rest of North America Clinical Trial Supply & Logistics Market by Phase, 2018 - 2021, USD Million
TABLE 86 Rest of North America Clinical Trial Supply & Logistics Market by Phase, 2022 - 2028, USD Million
TABLE 87 Rest of North America Clinical Trial Supply & Logistics Market by Service, 2018 - 2021, USD Million
TABLE 88 Rest of North America Clinical Trial Supply & Logistics Market by Service, 2022 - 2028, USD Million
TABLE 89 Key Information – Thermo Fisher Scientific, Inc.
TABLE 90 Key information – CATALENT, INC.
TABLE 91 Key Information – MARKEN
TABLE 92 Key Information – Piramal Enterprises Limited
TABLE 93 Key Information – Deutsche Post DHL Group
TABLE 94 Key Information – FedEx Corporation
TABLE 95 Key Information – Inizio Group Limited
TABLE 96 Key Information – PAREXEL International Corporation
TABLE 97 Key Information – Almac Group
TABLE 98 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.