Clinical Trial Services Market is segmented By Therapeutic Areas (Cardiovascular Disorders, Infectious Disorders, Metabolic Disorders, Neurological Di....
Market Size in USD
CAGR14.1%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 14.1% |
Market Concentration | High |
Major Players | Center Point Clinical Services, eClinicalHealth, Mytrus (Medidata Solutions), Science 37, Berry Consultants |
The clinical trial services market is estimated to be valued at USD 1.09 billion in 2024 and is expected to reach USD 2.75 billion by 2031, growing at a compound annual growth rate (CAGR) of 14.1% from 2024 to 2031. The increasing R&D expenditure of pharmaceutical and biotechnology companies and the rising number of clinical trial studies are propelling the demand for clinical trial services.