Clinical Trial Packaging Market Size, Share, Growth Trends, Key Players, Competi

Posted by Fred Williams on April 1st, 2021

The global clinical trial packaging market is expected to see a steady growth in the forthcoming years, according to a recent report by Transparency Market Research (TMR). The market scenario is exhibits intense competition and fragmentation at present. The top five enterprises collectively held less than 15% of the total market share in 2017. Vendors in the industry are being receptive to needs of large pharmaceuticals that are developing novel drugs, and are targeting such enterprises. Key players in the clinical trial packaging market are Westrock Company, PAREXEL International Corporation, Almac Group Limited, Bilcare Limited, Fisher Clinical Services, and Sharp Clinical Services, Inc.

TMR projects global clinical trial packaging market to be at nearly US9.92 mn in 2016. The market is predicted to expand at a healthy CAGR of 6.9% during forecast period 2017 to 2025 and rise to a valuation of US.66 bn by the end of 2025.

Of the key packaging types examined in the report, the segment of bottles dominated the market in 2017, holding nearly 65.1% of the global market. The segment is also likely to retain its dominant spot during the forecast period. Geographically, the market in North America is anticipated to lead the global clinical trial packaging market during the forecast period, registering the highest CAGR of 7.7% in terms of value.

Get Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures): https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14465

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Fred Williams

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Fred Williams
Joined: May 7th, 2020
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