Authored By: Sarah
26 Nov 2021

Oncology Clinical Trial Market | Market Highlights and Insights to Recovery from COVID-19
Market Recovery and Growth Projections 2021-2025

The oncology clinical trial market is expected to grow by $ 4.22 bn, accelerating at a CAGR of almost 6.70% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Oncology Clinical Trial Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Market Landscape (interventional, observational, and expanded access) and Geography (North America, Europe, Asia, and ROW). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 40% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Oncology Clinical Trial Market size.

Oncology Clinical Trial Market Size to Grow by $ 4.22 bn through 2021-2025 | Leading Segments and Market Trends

Oncology Clinical Trial Market: Trends, Drivers, Challenges

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • A significant factor in driving the growth of the Oncology Clinical Trial Market will be the increasing number of cancer cases across globe.
  • Another factor that will boost the market will be the Growing need for personalized medicines.
  • Inefficient clinical trial design for oncology is a hurdle that needs to be crossed on the path to success.

Oncology Clinical Trial Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • F. Hoffmann-La Roche Ltd., Icon Plc, IQVIA Holdings Inc., Medpace Holdings Inc., Merck and Co. Inc., Novartis AG, Novotech (Australia) Pty Ltd., Parexel International Corp., Pivotal S.L.U, and Syneos Health Inc. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 6.70%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 4.22 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing number of cancer cases across globe will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are F. Hoffmann-La Roche Ltd., Icon Plc, IQVIA Holdings Inc., Medpace Holdings Inc., Merck and Co. Inc., Novartis AG, Novotech (Australia) Pty Ltd., Parexel International Corp., Pivotal S.L.U, and Syneos Health Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Market Landscape (interventional, observational, and expanded access) and Geography (North America, Europe, Asia, and ROW)
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