Argentina Clinical Trial Patient Recruitment Services Market Size & Outlook
Argentina clinical trial patient recruitment services market, 2018-2030 (US$M)
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Argentina clinical trial patient recruitment services market highlights
- The Argentina clinical trial patient recruitment services market generated a revenue of USD 3.5 million in 2023 and is expected to reach USD 6.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Clinical trial patient recruitment services market data book summary
| Market revenue in 2023 | USD 3.5 million |
| Market revenue in 2030 | USD 6.4 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Thermo Fisher Scientific Inc, IQVIA Holdings Inc, Clara Health, Antidote Health, BBK Worldwide, Clariness, Costas Inc, Worldwide Clinical Trials, Veristat, Elligo Health Research |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global clinical trial patient recruitment services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil clinical trial patient recruitment services market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 6.4 million by 2030.
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Clinical Trial Patient Recruitment Services Market Scope
Clinical Trial Patient Recruitment Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina clinical trial patient recruitment 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 patient recruitment services market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 57.14% in 2023. Horizon Databook has segmented the Argentina clinical trial patient recruitment services market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
While Argentina was not well known as an outsourcing location until a few years ago, major improvements in healthcare infrastructure, mainly national clinical trial standards that are compatible with international norms, and easy patient recruitment have led to rapid growth in its CRO industry.
The government has also set up government-run clinical investigative sites (ANMAT sites) in high-population urban areas. Biotechnology and pharmaceutical industries also prefer Argentina for clinical research due to easy patient recruitment.
Moreover, people in Argentina do not have health coverage and, in some cases, have limited access to basic healthcare. Hence, there are many treatment-naive patients to recruit for clinical trials. The ANMAT sites also reduce the overhead of recruiting & managing clinical trials.
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Our clientele includes a mix of clinical trial patient recruitment services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina clinical trial patient recruitment services market , including forecasts for subscribers. This country databook contains high-level insights into Argentina clinical trial patient recruitment services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina clinical trial patient recruitment services market size, by phase, 2018-2030 (US$M)
Argentina Clinical Trial Patient Recruitment Services Market Outlook Share, 2023 & 2030 (US$M)
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