Global Clinical Trial Supply and Logistics Market, By Service (Manufacturing, Packaging and Labeling, and Distribution), By End User (Pharmaceutical, Medical Devices, and Biologics) and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast till 2029

Clinical trial supply and logistics management is responsible for providing clinical supplies which are needed to conduct clinical trials studies of drugs or medical devices in the accordance with protocol and applicable regulatory guidelines. Efficient management helps to deliver integrated, end-to-end logistics delivery of clinical trial studies supplies which further improve compliance and saves essential clinical trial study time. In addition, technology-enabled integrated process can provide greater visibility into supply chain process. 

Rising demand for developing and producing the clinical supplies from end user manufacturers or investigators to conduct clinical research studies in a cost-efficient manner, continuous emphasis by manufacturers towards balancing shipment and supply costs, optimizing production as well as packaging and minimizing overage and avoiding shortages are factors driving  growth of the global clinical trial supply and logistics market, currently. 

Furthermore, increasing numbers of registered clinical trials, worldwide; and growing engagement of vendors to launch an innovative clinical programs to endorse their services and attract more clients and government partnership is major factor expected to drivgrowth of the market. For instance, in June 2018, Bionical Group Ltd. launched Bionical-Clinical Early Access Programs (EAP) which connects with well-established clinical research organization to support large and small scale pharma and biotech industries enabling, appropriate treatment access to patients in distressed need.

The global clinical trial supply and logistics market has been segmented on the basis of service, end user, and region. On the basis of service, the clinical trial supply and logistics market is segmented into manufacturing, packaging and labelling, and distribution. On the basis of end user, clinical trial supply and logistics market segmented into pharmaceutical, medical devices, and biologics. On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Key players operating in the global clinical trial supply and logistics market includes Catalent Pharma Solutions, Inc., Almac Group, Movianto, Patheon, Inc., PCI Pharma Distribution, Sharp Packaging Distribution, PAREXEL International Corporation, Marken, KLIFO A/S, and Biocair.