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Key growth driver: Clinical trial supply and logistics market
Most pharma vendors are focusing on increasing their distribution channels in developing countries. Several clinical research organizations (CROs) are shifting their bases to Latin America, APAC, and Eastern Europe due to the lower cost of clinical trials in these regions. Moreover, the cost of clinical trials in China is roughly 20% less than what it is in the US. The APAC region has contributed close to $12 billion in 2014 and will grow at a CAGR of approximately 9% in the next four years.
To increase their profit margins, pharmaceutical and biopharmaceutical vendors are outsourcing clinical trial activities to CROs. It has resulted in reduced expenditures and increased investments in R&D to conduct clinical trials. On account of these developments, the clinical trial supply and logistics market is expected to make significant gains during the forecast period. The demand for efficient movement of trial samples between pharma companies, the food and drug administration, and CROs will continue to drive the market in the years to come.
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Geographical segmentation of the clinical trial supply and logistics market
North America is a key region for conducting clinical trials. Development of new drugs and medical devices in the market has increased the movement of logistics vendors into this market. The rising demand for logistics particularly emanates from mid-sized biopharma companies in North America. To provide efficient clinical trial supplies, logistics vendors in this region have got into strategic partnerships with biopharma companies.
The market in Europe has grown moderately as the demand for clinical trials has reached a saturation in its leading countries such as The UK, France, and Spain. On the other hand, countries such as Russia, Poland, and Turkey present an attractive opportunity for logistics companies.
Market segmentation of clinical trial supply and logistics by end-use
The biopharma industry is witnessing a high demand for biotechnology products such as vaccines and blood-related products. These products require specialized cold chain solutions for the movement of temperature sensitive drugs as it involves living cells. An increase in distribution networks due to the growing demand for clinical trials in India and China has prompted many local players to provide alternative models to fulfill local needs. This trend is likely to continue in the coming years, and it is expected to fuel growth in the biopharmaceutical segment.
The market share for logistics vendors catering to the needs of the medical devices segment will witness an increase in the market share in the next four years. The market will also witness mergers of medical device companies leading to an increase in product portfolios to be shipped and this, in turn, will contribute to the clinical trial supply and logistics market growth.
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Leading vendors in the clinical trial supply and logistics market
Pharma companies have taken rapid strides in introducing new drugs and increasing their presence in different areas of therapeutics such as oncology and cardiovascular diseases. It has led to an increase in shipments for logistics vendors. The market is characterized by the presence of many local, regional, and international players.
According to the clinical trial supply and logistics market analysis, the top four players in the are: -
The other prominent vendors in the market are Agility, Air Canada, Avinex, Biocair, Biotech, CEVA, Cold Chain Logistics, Continental Air Cargo, CSafe Global, Helapet, Igloo Thermo, Kerry Logistics, Kheune Nagel, L&M, LifeConEx, Marken, Nordic Cold Storage, Panalpina World Transport, Sorigram, TNT Express, UTi Pharma, VersaCold, and World Courier Management.
Other sections of the report include an analysis of the following
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by End-user
07.1 Global Clinical Trial Supply and Logistics Market by End-user 2014 and 2019
07.2 Global Clinical Trial Supply and Logistics Market by Biopharmaceutical Industry
07.2.1 Market Size and Forecast
07.3 Global Clinical Trial Supply and Logistics Market by Medical Devices Industry
07.3.1 Market Size and Forecast
08. Geographical Segmentation
08.1 Global Clinical Trial Supply and Logistics Market by Geographical Segmentation 2014 and 2019
08.2 Clinical Trial Supply and Logistics Market in the APAC Region
08.2.1 Market Size and Forecast
08.3 Clinical Trial Supply and Logistics Market in North America
08.3.1 Market Size and Forecast
08.4 Clinical Trial Supply and Logistics Market in Europe
08.4.1 Market Size and Forecast
08.5 Clinical Trial Supply and Logistics Market in ROW
08.5.1 Market Size and Forecast
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key Vendors
16.1.2 Key News
16.1.3 Mergers and Acquisitions
16.1.4 Key Projects
16.2 Other Prominent Vendors
16.3 DB Schenker
16.3.1 Key Facts
16.3.2 Business Overview
16.3.3 Business Segmentation
16.3.4 Products and Services
16.3.5 Business Strategy
16.3.6 Recent Developments
16.3.7 SWOT Analysis
16.4 Deutsche Post DHL
16.4.1 Key Facts
16.4.2 Business Overview
16.4.3 Business Segmentation by Revenue 2013
16.4.4 Business Segmentation by Revenue 2012 and 2013
16.4.5 Geographical Segmentation by Revenue 2013
16.4.6 Recent Developments
16.4.7 SWOT Analysis
16.5 FedEx
16.5.1 Key Facts
16.5.2 Business Overview
16.5.3 Business Segmentation by Revenue 2014
16.5.4 Business Segmentation by Revenue 2013 and 2014
16.5.5 Geographical Segmentation by Revenue 2014
16.5.6 Business Strategy
16.5.7 Recent Developments
16.5.8 SWOT Analysis
16.6 UPS
16.6.1 Key Facts
16.6.2 Business Overview
16.6.3 Business Segmentation by Revenue 2013
16.6.4 Business Segmentation by Revenue 2012 and 2013
16.6.5 Geographical Segmentation by Revenue 2013
16.6.6 Business Strategy
16.6.7 Recent Developments
16.6.8 SWOT Analysis
17. Other Reports in this Series
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