Pediatric Clinical Trials Market size is anticipated to be valuated at USD 56.2 Billion by 2034; Rising Prevalence of Childhood Diseases is Stimulating the Market Augmentation

Published Date: March 2025

Pediatric clinical trials ensure the safety and effectiveness of drugs, devices, or treatments in children and adolescents, improving healthcare and meeting the needs of young patients. Ethical guidelines and informed consent are crucial for these trials. The rising prevalence of childhood diseases, increasing awareness of pediatric medicines, outsourcing of clinical trials, development of targeted therapies and vaccines, and international regulations and incentives are factors boosting the pediatric clinical trials market growth.

Pediatric Clinical Trials Market Segmentation Analysis:

By Phase

Phase I, Phase II, Phase III, and Phase IV

By Study Design

Treatment Studies, and Observational Studies

By Age Group

Infants, Toddlers, Children, and Adolescents

By Therapeutic Area

Oncology, Infectious Diseases, Respiratory Diseases, Rare Diseases, Neurological Disorders, and Other Therapeutic Areas

Pediatric Clinical Trials Market Report Highlights:

  • In 2024, the valuation of the pediatric clinical trials market was USD 31.4 Billion.
  • Target Market size was projected to expand at a valuation of USD 56.2 Billion by 2034 at a CAGR of 6.6%.
  • On the basis of phase, the phase III segment is leading the pediatric clinical trials market share.
  • Under study design, the treatment studies segment is expected to rule over the market during the forecast period.
  • Dependent on age group, the children segment is attributed to govern the pediatric clinical trials market.
  • Oncology segment held largest share in the market.
  • By Region, North America is the region holding the largest pediatric clinical trials market share.
  • Asia Pacific is the region that has the highest growth rate in the market.   

Pediatric Clinical Trials Market Dynamics:

Growing Factor

Challenge Factor

Market Trend

Increasing Awareness Of Pediatric Medicines

Complex Study Designs For Pediatric Clinical Trials

Technological Advancements In Pediatric Clinical Trials

Pediatric Clinical Trials Market Key Highlights:

  • In February 2024, Innovative Trials had unveiled a new programme aimed at enhancing retention rates in paediatric clinical trials. The company had joined forces with US-based charity the Oliver Patch Project to introduce the Retention Patch Programme, an initiative to maintain engagement with children and young people under 18 years throughout the clinical trial journey.

Pediatric Clinical Trials Market Report Analysis:

Pediatric Use Marketing Authorisation for Pediatric Clinical Trials

The Pediatric Regulation also introduced a new type of MA, the Pediatric Use Marketing Authorisation (PUMA). This is a voluntary procedure, offering 8 years of data exclusivity plus an additional 2 years of market exclusivity to any off-patent medicinal product developed for exclusive use in the pediatric population for clinical trials. It is granted to investigational medicinal products that have successfully completed an agreed PIP (Pediatric Investigational Plans) and have set a risk management plan for the follow-up of efficacy and safety of the product.

Browse ∼60 market data tables and ∼35 figures through ∼160 slides and in-depth TOC on “Pediatric Clinical Trials Market Size, Share, By Phase (Phase I, Phase II, Phase III, and Phase IV), Study Design (Treatment Studies, and Observational Studies), Age Group (Infants, Toddlers, Children, and Adolescents), Therapeutic Area (Oncology, Infectious Diseases, Respiratory Diseases, Rare Diseases, Neurological Disorders, and Other Therapeutic Areas), and Region - Trends, Analysis, and Forecast till 2034”

For more insights into the Pediatric Clinical Trials Market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/pediatric-clinical-trials-market-5558

Competitive Landscape of Pediatric Clinical Trials Market:

The key players operating the Pediatric Clinical Trials Market include Synteract, ICON Plc., Syneos Health, Medpace, Inc, PPD Inc., Premier Research, LabCorp Drug Development, QPS Holding, Pfizer Inc., The Emmes Company, LLC, and IQVIA Inc.

Company Name

IQVIA Inc.

Headquarter

Durham, North Carolina, U.S.

CEO

Mr. Ari Bousbib

Employee Count (2024)

88,000 Employees

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