Top 10 Companies in Clinical Trial Supplies Market- Company Overview, Recent Developments and SWOT Analysis 2030
The Clinical Trial Supplies Market is driven by increasing investment for research and development of effective medicines, and rising prevalence of chronic diseases. The CROs and biopharmaceutical companies are becoming aware about the importance of logistics and material supply with end-to-end solution in the clinical trials. Rising number of life sciences research in various countries and rising government funding for the development of new drugs are likely to drive the clinical trial supplies market globally. New competitors are focusing on new technologies and launch of new products in the market. Moreover, robust growth in emerging economies provides lucrative growth opportunity to the market stakeholders. The global clinical trials supplies market is observing high growth owing to rising prevalence of chronic diseases such as cancer, HIV, and epilepsy. Furthermore, growing prevalence’s of neurological diseases such as Alzheimer’s, Parkinson’s, tumor, epilepsy, depression, along with increasing generic population are also factors projected to boost the target market growth in the coming years. Moreover, rising clinical trials for finding permanent and effective solutions to slowdown or cure and prevent spread of diseases and aging diseases is a factor driving growth of the global market.
Here are the top 10 companies operating in Clinical Trial Supplies Market
PARAXEL International Corporation, was founded in 1982, which is a private company. PARAXEL International Corporation is headquartered in Durham, North Carolina, U.S. Newton, Massachusetts, U.S. PARAXEL International Corporation is American provider of biopharmaceutical services which conducts clinical trials ordered by pharmaceutical clients to accelerate the drug approval process. PARAXEL International Corporation is the second largest clinical organization in the world with 95% of 200 top selling biopharmaceuticals in market. The company offer services like data management, clinical trial management, biostatistics, medical writing, regulatory consulting and pharmacovigilance. For instance, in September 2022, Paraxel has announced the opening of new clinical trial supplies & logistics depot in Suzhou, China which will offer local & international biopharmaceutical customers to access timely to medications and supplies for clinical trial sites & patients for accelerating clinical trials in the region.
KLIFO A/S is founded in 1994, which is a private company. KLIFO A/S is headquartered in Smedeland, Glotrup, Denmark. KLIFO A/S is a provider of consultancy services to pharmaceutical industries. KLIFO A/S provide services which inlcudes, translation & preparation of protocols, strategy & feasibility studies, packaging, labeling & registration of pharmaceuticals product. KLIFO A/S also provides, trial monitoring, database development & processing, clinical report services, and biostatistical analysis.
Almac Group, is a private company. Almac Group is an established contract deevlopment & manufacturing orgnaization which provides extensive range of integrated services across drug development lifecycle to biotechnology and pharmaceutical sectors world wide. Almac Group offer innoavtive services like cllinical trial supply, biomarker discovery, research & development, API manufacture, development & commercialisation, formulation development, and IRT to commercial scale manufacture.
Patheon Inc., is headquartered in Waltham, Massachusetts, U.S. Patheon is the contract development manufacturing organization. Patheon offer services like clinical trials solution, biologics, small API molecule, logistics, cGMP plasmids, viral vectors, and commercial manufacturing & packaging. Patheon is the manufacturer of products like oral capsules, tablets, and injectable sterile products such as ampoules, vials, lyophilisates, powders, and pre-filled syringes containing liquids, etc.
Biocair International Ltd., is a provider of specialist logistic services to biotechnology, pharmaceutical and life sciences, sectors. Biocair also offer global transportation solutions. Biocair deliver its services in over 124 countries, and has around 62,000 total shipments globally. Biocair offer clinical trial logistic services by supplying most comprehensive clinical trial shipping solutions. Biocair offer cell and gene supply chain solution by using latest monitoring technology. Biocair provides end to end visibility for all consignments through the pharmaceutical shipping process.
Clinical Trial Supplies Market is estimated to be US$ 4.1 billion by 2030 with a CAGR of 7.8% during the forecast period
Movianto GmbH is founded in 1951. Movianto is headquartered in Paris, France. Movinato is preferred European healthcare solutions partnered with excellent quality for biotech, pharmaceutical, diagnostic and medical device industries. Movianto also offers outsourcing services along with supply chain of transportation, warehousing, value added services, active temperature control logistics, etc. Movianto in Belgium has become the center of excellence in handling materials for clinical trials, compassionate use programs and medical need.
PCI Pharma Services, is a provider of integrated pharmaceutical development services. PCI Pharma Services offer clinical trial services which includes, clinical trial manufacturing, pharmaceutical development, packaging design, clinical packaging, primary and secondary packaging, etc. The company serves global healthcare industries. PCI Pharma provides best in class technologies with their experienced teams. PCI Pharma also offers clinical support services, analytical lab services, clinical trial packaging & labelling, biologics packaging, active-blister solutions, aseptic fill finish processing, clinical trial manufacturing and packaging, and others.
Sharp Services, LLC. was established in 1952, Sharp has become a global leader in contract pharmaceutical packaging and clinical supply chain services. Sharp offer solutions and support from phase I trials to commercial launch & lifecycle management for biotechnology and pharmaceutical clients. For instance, in September 2020, Sharp launched the new Inventory Management System (IMS) for supporting clinical trial sponsors in managing inventory & supplies. Clinventory IMS is designed with feature like it supplies study information on demand, temperature excursion tracking by supply release and approval, eliminates need for manual processes for dispatch & return, customizable automatic resupply, etc.
Thermo Fisher Scientific Inc., was founded in 1956, which is a public company. Thermo Fisher Scientific is headquartered in Waltham, Massachusetts, U.S. Thermo Fisher Scientific is the American company which supplies scientific instrumentation, software services, reagents and consumables. Thermo Fisher Scientific provides services for manufacturing of diagnostic and pharmaceutical products, drug discovery, research and development, analysis, etc.
Catalent Inc., was founded in 2007, which is a public company. Catalent Inc., is headquartered in Somerset, New Jersey, U.S. Catalent is multinational company and a leading partner for pharmaceutical industry in developing and manufacturing new treatment for patients in all over the world. Catalent is the global provider of drug manufacturing, consumer health products, gene therapies, etc. Catalent offer services like analytical testing, drug formulation, clinical packaging, clinical and commercial manufacturing, regulatory consulting, and others.