Clinical Trial Packaging Market- Roadmap for Recovery from COVID-19|Advent of AI in Clinical Research to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#ClinicalTrialPackagingMarket–Technavio has been monitoring the clinical trial packaging market and it is poised to grow by USD 667.92 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by end-user, which is the leading segment in the market?
  • The pharmaceutical companies segment is expected to be the leading segment based on end-user in the global market during the forecast period.

  • What are the major trends in the market?
  • Increasing outsourcing activities to CROs is one of the major trends in the market.

  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 4%, the incremental growth of the market is anticipated to be USD 667.92 million.

  • Who are the top players in the market?
  • Bilcare Ltd., Caligor Coghlan Pharma Services, Corden Pharma International GmbH, Mawdsley-Brooks & Co. Ltd., PCI Pharma Services, Piramal Enterprises Ltd., Sentry BioPharma Services, Sharp, The WestRock group, and Thermo Fisher Scientific Inc. are some of the major market participants.

  • What are the key market drivers?
  • Advent of AI in clinical research is one of the major factors driving the market.

  • How big is the North America market?
  • The North America region will contribute 33% of market growth.

The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Bilcare Ltd., Caligor Coghlan Pharma Services, Corden Pharma International GmbH, Mawdsley-Brooks & Co. Ltd., PCI Pharma Services, Piramal Enterprises Ltd., Sentry BioPharma Services, Sharp, The WestRock group, and Thermo Fisher Scientific Inc. are some of the major market participants. The advent of AI in clinical research will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Clinical Trial Packaging Market 2020-2024: Segmentation

Clinical Trial Packaging Market is segmented as below:

  • End-user

    • Pharmaceutical Companies
    • Other Organizations
  • Geographic Landscape

    • Asia
    • Europe
    • North America
    • ROW

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Clinical Trial Packaging Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The clinical trial packaging market report covers the following areas:

  • Clinical Trial Packaging Market Size
  • Clinical Trial Packaging Market Trends
  • Clinical Trial Packaging Market Analysis

This study identifies increasing outsourcing activities to CROs as one of the prime reasons driving the clinical trial packaging market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Clinical Trial Packaging Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist clinical trial packaging market growth during the next five years
  • Estimation of the clinical trial packaging market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the clinical trial packaging market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of clinical trial packaging market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Pharmaceutical companies – Market size and forecast 2019-2024
  • Other organizations – Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • Asia – Market size and forecast 2019-2024
  • ROW – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Advent of AI in clinical research
  • Increasing outsourcing activities to CROs
  • Increasing adoption of cloud technologies in pharmaceutical production
  • and testing

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bilcare Ltd.
  • Caligor Coghlan Pharma Services
  • Corden Pharma International GmbH
  • Mawdsley-Brooks & Co. Ltd.
  • PCI Pharma Services
  • Piramal Enterprises Ltd.
  • Sentry BioPharma Services
  • Sharp
  • The WestRock group
  • Thermo Fisher Scientific Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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