Clinical Trials Market 2020

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Clinical Trials Market 2020-2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Clinical Trials Market 2020-2023
Clinical Trials Market Highlights
Clinical trial is a research study which involve
people (healthy volunteers or patients) to test
the safety and efficacy of a new treatment or
medicine. In healthcare industry clinical trials
are performed for medicine, medical devices which
includes hearing aid and surgical procedure. The
key factors driving the clinical trial industry
includes rising prevalence of diseases, high RD
expenditure of the pharmaceutical industry, and
growth of new treatments such as personalized
medicine is supporting to grow the market.
However, factors such as lack of skilled
workforce clinical research, lower healthcare
reimbursement in the developing countries and
stringent regulations for patient enrollment,
hinder the market growth. The market for global
clinical trial market is estimated to grow at an
approximate CAGR of 5.7 from 2017 to 2023.
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Clinical Trials Market 2020-2023
Clinical Trials Market Regional Analysis
The Americas dominate the global  clinical trial
market owing to the presence of major
pharmaceutical and biotech companies with RD
units in America and increasing patient
population suffering from cardiac problem boost
the clinical trial market in this region.
Moreover, rising healthcare expenditure and
presence of developed economies like U.S. and
Canada fuels the market growth. Europe is second
in the global clinical trial market owing to
increasing government support, rising clinical
trail facilities both in private and government
sector increases the clinical trial market in
Europe. Asia-Pacific region is the fastest
growing market owing to the presence of
developing economies, a growing healthcare sector
and standard regulations related to healthcare
industry promotes the manufactures to establish
RD unit in this region which drives the market
with the region. The Middle East Africa has the
least share in the global clinical trial market
owing to the presence of poor economies and
stringent government policies, especially in the
African region. Browse Complete Report with TOC _at_
  https//www.marketresearchfuture.com/reports/cli
nical-trials-market-7787
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Clinical Trials Market 2020-2023
Clinical Trials Market Segmentation
The global clinical trials market is segmented on
the basis of phase, study design, indication and
end users. On the basis of the phase, the market
is categorized into phase I, phase II, phase III,
and phase IV. On the basis of study design, the
global clinical trials market is segmented into
interventional, observational and expanded
access. On the basis of indication, the global
clinical trials market is segmented into
autoimmune/inflammation, pain management,
oncology, central nervous system (CNS) condition,
diabetes, obesity, cardiovascular and others. On
the basis of the end-user, the market is
segmented into dental hospitals clinics, dental
institutes and dental academic and research
institutes. On the regional basis, the global
clinical trial market in the Americas is
segmented into two major regions, i.e., North
America and Latin America. The North American
region is likely to hold the major share in the
global clinical trial market owing to the
presence of well-established healthcare sector,
growing prevalence of high diseases and also
increasing funding from government. 
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Clinical Trials Market 2020-2023
Clinical Trials Market Key Players

• Charles River Laboratories
• Paraxel International Corporation
• Quintiles IMS
• ICON plc
• SGS SA
• Eli Lilly and Company
• Novo Nordisk A/S, Clinipace
• Laboratory Corporation of America
• Pfizer
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