Saudi Arabia Clinical Trial Patient Recruitment Services Market Size & Outlook
Saudi Arabia clinical trial patient recruitment services market, 2018-2030 (US$M)
Related Markets
Saudi Arabia clinical trial patient recruitment services market highlights
- The Saudi Arabia clinical trial patient recruitment services market generated a revenue of USD 2.7 million in 2023 and is expected to reach USD 4.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.2% 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 2.7 million |
| Market revenue in 2030 | USD 4.7 million |
| Growth rate | 8.2% (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, Saudi Arabia accounted for 0.3% 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 Middle East & Africa, South Africa clinical trial patient recruitment services market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.7 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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Saudi Arabia 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 59.26% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
The major upcoming projects for developing hospitals, such as King Khalid Medical City, King Faisal Medical City, and King Abdullah Medical City, are expected to further promote research activities. This is expected to support the market in Saudi Arabia.
The country is affected by the growing prevalence of diseases, such as breast cancer, leukemia, lymphoma, and colorectal cancer; this is expected to improve the country’s clinical trial patient recruitment rates.
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Target buyers of Saudi Arabia clinical trial patient recruitment services market databook
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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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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 Saudi Arabia clinical trial patient recruitment services market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia clinical trial patient recruitment services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia clinical trial patient recruitment services market size, by phase, 2018-2030 (US$M)
Saudi Arabia Clinical Trial Patient Recruitment Services Market Outlook Share, 2023 & 2030 (US$M)
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