Asia Pacific Clinical Trial Imaging Market Size & Outlook
Asia Pacific clinical trial imaging market, 2018-2030 (US$M)
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Asia Pacific clinical trial imaging market highlights
- The Asia Pacific clinical trial imaging market generated a revenue of USD 251.7 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, project and data management was the largest revenue generating service in 2023.
- System and Technology Support Services is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 251.7 million |
| Market revenue in 2030 | USD 445.1 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Project and data management |
| Fastest growing segment | System and Technology Support Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical Trial Design and Consultation Services, Reading and Analytical Services, Operational Imaging Services, System and Technology Support Services, Project and Data Management |
| Key market players worldwide | Ixico, Navitas Organics, Medpace Holdings Inc, Clario, BioTelemetry, ProScan Imaging, Cardiovascular Imaging Technologies, Intrinsic Imaging, Resonance Health |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.1% of the global clinical trial imaging market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 445.1 million by 2030.
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Clinical Trial Imaging Market Scope
Clinical Trial Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific clinical trial imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical trial imaging market will help companies and investors design strategic landscapes.
Project and data management was the largest segment with a revenue share of 28.8% in 2023. Horizon Databook has segmented the Asia Pacific clinical trial imaging market based on clinical trial design and consultation services, reading and analytical services, operational imaging services, system and technology support services, project and data management covering the revenue growth of each sub-segment from 2018 to 2030.
The clinical trial imaging market in Asia Pacific is anticipated to exhibit significant growth over the forecast period. This can be attributed to rapid growth of the population and increased R&D activity in this region. In addition, there is high need for traditional and advanced devices & therapies in Asia Pacific.
Moreover, the cost of conducting clinical trials in Asia is lower as compared to Western Europe and the U.S. For instance, the clinical trial cost in China and India is 25% to 40% less than that in Western countries. Asia Pacific has a large population and offers great opportunity to conduct clinical trials.
Asia has become a preferred outsourcing destination due to its huge treatment-naive population, faster process of recruiting patients, cost-effectiveness, developing clinical infrastructure, and highly skilled investigators, resulting in the growth of clinical trial imaging market.
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Target buyers of Asia Pacific clinical trial imaging market databook
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Our clientele includes a mix of clinical trial imaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific clinical trial imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific clinical trial imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific clinical trial imaging market size, by country, 2018-2030 (US$M)
Asia Pacific Clinical Trial Imaging Market Outlook Share, 2023 & 2030 (US$M)
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