The global Neurology Clinical Trials Market accrued earnings worth approximately 4.71 (USD Billion) in 2020 and is predicted to gain revenue of about 7.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.6% over the period from 2021 to 2028.
The global Neurology Clinical Trials Market accrued earnings worth approximately 4.71 (USD Billion) in 2020 and is predicted to gain revenue of about 7.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.6% over the period from 2021 to 2028. The report offers assessment and analysis of the Neurology Clinical Trials Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).
Neurology Clinical Trials Market: Outlook
Massive strides have been made in diagnosing & treating of various medical conditions including neurological conditions. Apparently, clinical trials are conducted for assessing effectiveness and safety of new medical therapies that are to be used for treating neurological conditions. According to NIH researchers, clinical trials have proved to be a key tool in bringing new medical treatments for patients suffering from neurological conditions. Prominent rise in neurological ailments including dementia, stroke, and peripheral neuropathy caused due to job losses from lockdown arising as a result of COVID-19 outbreak has led to increase in neurology clinical trials across globe in recent times. Massive clinical tests & research has been carried out by various biotech & pharma firms and their onus is on developing curative medicines that can effectively treat neurological disorders. This has provided impetus to neurology clinical trials industry and also has led to increment in number of neurology clinical trials across globe.
Neurology Clinical Trials Market: Growth Drivers
Growing need for effectively treating neurological conditions such as Alzheimer and Parkinson disease will culminate into immense growth of neurology clinical trials market. Apparently, drug makers are also focusing on other neurological disorders including spinal muscular atrophy. Some of neurological disorders are also caused due to genetic mutation and hereditary causes. Hence, researchers are trying to identify and target those genes that are responsible for neurological disorders and are then disable them to prevent transmission of genetic neurological disease to next generation. All these aforementioned factors are predicted to steer expansion of neurology clinical trials market.
Furthermore, technological breakthroughs in biotech & pharma sectors can prop up proficiency and productivity of neurology clinical trials along with increase patient engagement, thereby driving market trends. In addition to this, virtual clinics, wearable devices, and remote monitoring have made neurology clinical trials more patient-centric and this has paved a way for geometric growth of neurology clinical trials market.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Regional Landscape
North American Market Size To Expand Exotically Over 2021-2028
Growth of neurology clinical trials market in North America over forecast period is subject to surge in occurrence of neurological ailments in countries such as the U.S. in recent times due to large number of deaths caused due to COVID pandemic. Apart from this, presence of giant players in the region will further aid growth of neurology clinical trials industry in North America. Rise in life expectancy due to easy access of advanced healthcare facilities has resulted in a prominent surge in aging population prone to common neurological disorders such as memory loss and dementia. This is projected to result in steep growth of neurology clinical trials market in North America in the years to come.
Competitive Landscape
Key players profiled in study and influencing market growth include Novartis AG, Labcorp Drug Development, Charles River Laboratories, Medpace Holdings, Inc., Icon Plc, Syneos Health, GlaxoSmithKline Plc, Aurora Healthcare, Biogen Inc., and IQVIA.
The global Neurology Clinical Trials Market is segmented as follows:
By Phase
By Study Design
By Region
List of Figures
1. Market research Type
2. Market research methodology
3. Global Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Clinical Trial Supply and Logistics Marketattractiveness, By Phase
6. Global Clinical Trial Supply and Logistics Marketattractiveness by Study Design
7. Global Clinical Trial Supply and Logistics Marketshare by Phase ,2020 and 2028 (USD Billion)
8. Global Clinical Trial Supply and Logistics Marketby Phase IV, 2018–2028(USD Billion)
9. Global Clinical Trial Supply and Logistics Marketby Phase I, 2018–2028(USD Billion)
10. Global Clinical Trial Supply and Logistics Marketby Phase II, 2018–2028(USD Billion)
11. Global Clinical Trial Supply and Logistics Marketby Phase III, 2018–2028(USD Billion)
12. Global Clinical Trial Supply and Logistics Marketshare by Study Design ,2020 and 2028 (USD Billion)
13. Global Clinical Trial Supply and Logistics Marketby Interventional, 2018–2028(USD Billion)
14. Global Clinical Trial Supply and Logistics Marketby Observational, 2018–2028(USD Billion)
15. Global Clinical Trial Supply and Logistics Marketby Expanded Access, 2018–2028(USD Billion)
16. Global Clinical Trial Supply and Logistics Marketshare, by Region, 2020 and 2028
17. North America Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
18. Europe Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
19. Asia Pacific Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
20. Latin America Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
21. The Middle East and Africa Clinical Trial Supply and Logistics Market, 2018–2028(USD Billion)
List of Tables
1. Global Clinical Trial Supply and Logistics Market: snapshot
2. Drivers of the Clinical Trial Supply and Logistics Market: impact analysis
3. North America Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
4. North America Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
5. The U.S. Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
6. The U.S. Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
7. Rest of North America Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
8. Rest of North America Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
9. Europe Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
10. Europe Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
11. UK Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
12. UK Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
13. France Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
14. France Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
15. Germany Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
16. Germany Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
17. Rest of Europe Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
18. Rest of Europe Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
19. Asia Pacific Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
20. Asia Pacific Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
21. China Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
22. China Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
23. Japan Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
24. Japan Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
25. India Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
26. India Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
27. Rest of Asia Pacific Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
28. Rest of North America Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
29. Latin America Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
30. Latin America Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
31. Brazil Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
32. Brazil Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
33. Rest of Latin America Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
34. Rest of Latin America Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
35. The Middle East and Africa Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
36. The Middle East and Africa Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
37. Saudi Arabia Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
38. Saudi Arabia Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
39. South Africa Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
40. South Africa Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Neurology Clinical Trials Marketrevenue, By Phase ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Neurology Clinical Trials Marketrevenue, By Study Design ,2018–2028(USD Billion)
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Growing need for effectively treating neurological conditions such as Alzheimer and Parkinson disease will culminate into immense growth of neurology clinical trials market. Apparently, drug makers are also focusing on other neurological disorders including spinal muscular atrophy. Some of neurological disorders are also caused due to genetic mutation and hereditary causes. Hence, researchers are trying to identify and target those genes that are responsible for neurological disorders and are then disable them to prevent transmission of genetic neurological disease to next generation. All these aforementioned factors are predicted to steer expansion of neurology clinical trials market. Furthermore, technological breakthroughs in biotech & pharma sectors can prop up proficiency and productivity of neurology clinical trials along with increase patient engagement, thereby driving market trends.
According to Zion market research report, the global Neurology Clinical Trials Market accrued earnings worth approximately 4.71 (USD Billion) in 2020 and is predicted to gain revenue of about 7.9 (USD Billion) by 2028, is set to record a CAGR of nearly 5.6% over the period from 2021 to 2028.
North America will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is subject to surge in occurrence of neurological ailments in countries such as the U.S. in recent times due to large number of deaths caused due to COVID pandemic. Apart from this, presence of giant players in the region will further aid growth of neurology clinical trials industry in North America. Rise in life expectancy due to easy access of advanced healthcare facilities has resulted in a prominent surge in aging population prone to common neurological disorders such as memory loss and dementia. This is projected to result in steep growth of neurology clinical trials market in North America in the years to come.
The key market participants include Novartis AG, Labcorp Drug Development, Charles River Laboratories, Medpace Holdings, Inc., Icon Plc, Syneos Health, GlaxoSmithKline Plc, Aurora Healthcare, Biogen Inc., and IQVIA.
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