Australia Clinical Trial Management Services Market Size & Outlook
Australia clinical trial management services market, 2018-2030 (US$M)
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Australia clinical trial management services market highlights
- The Australia clinical trial management services market generated a revenue of USD 1,085.0 million in 2023 and is expected to reach USD 1,873.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, clinical trial monitoring was the largest revenue generating services in 2023.
- Medical Writing is the most lucrative services segment registering the fastest growth during the forecast period.
Clinical trial management services market data book summary
| Market revenue in 2023 | USD 1,085.0 million |
| Market revenue in 2030 | USD 1,873.9 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Clinical trial monitoring |
| Fastest growing segment | Medical Writing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical Trial Monitoring, Regulatory Submissions, Clinical Trial Data Management, Medical Writing, Site management & monitoring |
| Key market players worldwide | Charles River Laboratories International Inc, Medpace Holdings Inc, Wuxi AppTec Co Ltd, SGS AG, Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, Icon PLC, CTI Clinical Trial and Consulting Services, Atlantic Research Group |
Other key industry trends
- In terms of revenue, Australia accounted for 3.5% of the global clinical trial management services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan clinical trial management services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,979.2 million by 2030.
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Clinical Trial Management Services Market Scope
Clinical Trial Management Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia clinical trial management services 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 management services market will help companies and investors design strategic landscapes.
Clinical trial monitoring was the largest segment with a revenue share of 45.34% in 2023. Horizon Databook has segmented the Australia clinical trial management services market based on clinical trial monitoring, regulatory submissions, clinical trial data management, medical writing, site management & monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Australia clinical trial management services market databook
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Our clientele includes a mix of clinical trial management services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia clinical trial management services market, including forecasts for subscribers. This country databook contains high-level insights into Australia clinical trial management services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia clinical trial management services market report size, by services, 2018-2030 (US$M)
Australia Clinical Trial Management Services Market Share, 2023 & 2030 (US$M)
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