Clinical Trials Support Services Market (By Service: Clinical Trial Site Management, Patient Recruitment Management; By Phase; By Sponsor) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The global clinical trials support services market size was estimated at around USD 20.86 billion in 2022 and it is projected to hit around USD 43.16 billion by 2032, growing at a CAGR of 7.54% from 2023 to 2032.

clinical trials support services market size 2023 to 2032

Key Pointers

  • Clinical trial site management includes site recruitment, retention, and monitoring. It accounted for the largest market share of 43.92% in 2022. The rising number of clinical trials, high prevalence of chronic diseases, and the increase in the number of CROs offering services are key factors anticipated to drive the market in the coming years.
  • The phase III segment dominated the market with the largest share of 53.94% in 2022. This growth can be attributed to the fact that phase III clinical trials are the most expensive ones and involve a significant number of subjects.
  • The phase I segment is anticipated to register the fastest CAGR during the forecast period. 
  • The pharmaceutical & biopharmaceutical companies' sponsor segment dominated the market with the largest revenue share of over 70.14% in 2022. The segment is also anticipated to witness the fastest CAGR from 2023 to 2032. 
  • The medical device companies segment is anticipated to show lucrative growth during the forecast period.
  • North America dominated the global market in 2021 with the largest share of 50.45%, as most of the pharmaceutical businesses located in the U.S. perform a majority of their business in this region. This market is likely to grow due to the high number of clinical trials being conducted in the region. 
  • Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period.

Report Scope of the Clinical Trials Support Services Market

Report Coverage Details
Market Size in 2022 USD 20.86 billion
Revenue Forecast by 2032 USD 43.16 billion
Growth rate from 2023 to 2032 CAGR of 7.54%
Base Year 2022
Forecast Period 2023 to 2032
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Regions Covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered Charles River Laboratories Inc.; Eurofins Scientific SE; IQVIA; Syneos Health Inc.; The Pharmaceutical Product Development LLC; Icon PLC; WuXi AppTec; LabCorp; Alcura; Parexel International.

 

The global market is projected to expand rapidly due to the rising demand for trials in emerging economies, rising R&D investment, and an increasing number of contract research organizations (CROs). The pharmaceutical firms’ (R&D) venture has been steadily increasing every year, largely due to patent expirations. An ordinary patent terminates after 20 years; in the pharmaceutical area, there is an arrangement that provides for the entry of a generic version of the medication into the market following a time of 10 years. Thus, firms are boosting their R&D interests to speed the advancement of drugs, subsequently extending the whole market. 

Clinical trials support services are quite useful in the event of a drug, assay design, and clinical testing. It also covers tasks such as strengthening clinical test locations, securing and storing research medicines, drug dosage calculation, and kit handling. Preclinical groundwork and research are provided by clinical test support services, which include clinical test site assistance, obtaining and storing study drugs, blinding of study drugs, patient recruiting, coordination, and reconciliation of returned medications.

The clinical trial sector underwent significant changes in 2021. With the introduction of COVID-19 vaccines, numerous clinical trials that had been halted due to the pandemic were re-initiated. In the first quarter of 2021, around 44% more clinical trials commenced compared to the first quarter of 2020. Although in-person clinical trials were once again viable, adoption of new technologies remained high, with 74% of sponsors adopting remote monitoring and 77% of sites using eRegulatory software.

Many software tools for data management are referred to as “Clinical Data Management” (CDM) systems. Multicentric trials require CDM systems to handle massive volumes of data. The majority of CDM systems utilized by pharmaceutical companies are commercial, but there are a few free-source tools accessible as well. Oracle Clinical, Clintrial, Oracle Clinical, Macro, RAVE, and eClinical Suite are common CDM tools. Maintaining an audit record of data management actions is important in regulatory submission studies. These CDM tools help ensure the audit trail and manage discrepancies. The CDM activities include data collection, CRF tracking, CRF annotation, database design, data entry, medical coding, data validation, discrepancy management, and database lock.

Regional Insights

North America dominated the global market in 2022 with the largest share of 50.45%, as most of the pharmaceutical businesses located in the U.S. perform a majority of their business in this region. This market is likely to grow due to the high number of clinical trials being conducted in the region. Major R&D investments and government support for clinical trials are further promoting market growth. The presence of key CROs offering clinical trial support services and multinational pharmaceutical & biopharmaceutical companies making major investments in clinical research has contributed to market growth in North America.

Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period. Factors driving the APAC market include a developing patient population, simplicity of administrative compliance, minimal expense of conducting studies, and the presence of a couple of top clinical organizations acting at sites.

Clinical Trials Support Services Market Segmentations:

By Service

  • Clinical Trial Site Management
  • Patient Recruitment Management
    • Patient recruitment & registry services
    • Patient retention
    • Others
  • Data Management
  • Administrative staff
  • IRB
  • Others

By Phase

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

By Sponsor

  • Pharmaceutical & Biopharmaceutical
  • Medical Devices
  • Others

Frequently Asked Questions

The global clinical trials support services market size was reached at USD 20.86 billion in 2022 and it is projected to hit around USD 43.16 billion by 2032.

The global clinical trials support services market is growing at a compound annual growth rate (CAGR) of 7.54% from 2023 to 2032.

The North America region has accounted for the largest clinical trials support services market share in 2022.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Service Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Clinical Trials Support Services Market 

5.1. COVID-19 Landscape: Clinical Trials Support Services Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Clinical Trials Support Services Market, By Service

8.1. Clinical Trials Support Services Market, by Service, 2023-2032

8.1.1 Clinical Trial Site Management

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Patient Recruitment Management

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Data Management

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Administrative staff

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. IRB

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Others

8.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Clinical Trials Support Services Market, By Phase

9.1. Clinical Trials Support Services Market, by Phase, 2023-2032

9.1.1. Phase I

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Phase II

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Phase III

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Phase IV

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Clinical Trials Support Services Market, By Sponsor 

10.1. Clinical Trials Support Services Market, by Sponsor, 2023-2032

10.1.1. Pharmaceutical & Biopharmaceutical

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Medical Devices

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Clinical Trials Support Services Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Service (2020-2032)

11.1.2. Market Revenue and Forecast, by Phase (2020-2032)

11.1.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Service (2020-2032)

11.2.2. Market Revenue and Forecast, by Phase (2020-2032)

11.2.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Service (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Phase (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Service (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Phase (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Service (2020-2032)

11.3.2. Market Revenue and Forecast, by Phase (2020-2032)

11.3.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Service (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Phase (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Service (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Phase (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Service (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Phase (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Service (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Phase (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Service (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Phase (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Sponsor (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Service (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Phase (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Sponsor (2020-2032)

Chapter 12. Company Profiles

12.1. Charles River Laboratories Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Eurofins Scientific SE

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. IQVIA

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Syneos Health Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. The Pharmaceutical Product Development LLC

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Icon PLC

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. WuXi AppTec

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. LabCorp

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Alcura

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Parexel International.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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