Argentina Clinical Trial Supply & Logistics Market Size & Outlook

The clinical trial supply & logistics market in Argentina is expected to reach a projected revenue of US$ 66.7 million by 2030. A compound annual growth rate of 6.8% is expected of Argentina clinical trial supply & logistics market from 2024 to 2030.
Revenue, 2023 (US$M)
$42.2
Forecast, 2030 (US$M)
$66.7
CAGR, 2024 - 2030
6.8%
Report Coverage
Argentina

Argentina clinical trial supply & logistics market, 2018-2030 (US$M)

Argentina

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Argentina clinical trial supply & logistics market highlights

  • The Argentina clinical trial supply & logistics market generated a revenue of USD 42.2 million in 2023 and is expected to reach USD 66.7 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
  • In terms of segment, logistics & distribution was the largest revenue generating service in 2023.
  • Logistics & distribution is the most lucrative service segment registering the fastest growth during the forecast period.


Clinical trial supply & logistics market data book summary

Market revenue in 2023USD 42.2 million
Market revenue in 2030USD 66.7 million
Growth rate6.8% (CAGR from 2023 to 2030)
Largest segmentLogistics & distribution
Fastest growing segmentLogistics & distribution
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLogistics & distribution, Storage & retention, Packaging, labeling and blinding, Manufacturing, Comparator sourcing, Other services (solutions, ancillary supply)
Key market players worldwideThermo Fisher Scientific Inc, Catalent Inc, PAREXEL, Almac Group, Piramal Pharma Solutions, DHL Group, FedEx Corp, UDG Healthcare, Marken, Walden Group, PCI Pharma Services


Other key industry trends

  • In terms of revenue, Argentina accounted for 1.1% of the global clinical trial supply & logistics 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 supply & logistics market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 126.3 million by 2030.

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Clinical Trial Supply & Logistics Market Companies

Name Profile # Employees HQ Website

Argentina clinical trial supply & logistics 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 supply & logistics market will help companies and investors design strategic landscapes.


Logistics & distribution was the largest segment with a revenue share of 25.36% in 2023. Horizon Databook has segmented the Argentina clinical trial supply & logistics market based on logistics & distribution, storage & retention, packaging, labeling and blinding, manufacturing, comparator sourcing, other services (solutions, ancillary supply) covering the revenue growth of each sub-segment from 2018 to 2030.


The future healthcare improvements in Argentina are likely to have a positive impact on clinical trial businesses and help increase efficiency and keep costs under control. The new administration plans to make import processes easier and less expensive, and there are already a few draft projects in process working toward this end.

Moreover, the government is focusing on increasing the number of clinical trials in the country. In 2016, two of the country’s government departments—the Ministry of Health and National Administration of Drugs, Foods and Medical Devices (ANMAT)—announced that they would be working together to increase clinical trial activity in the region and the country.

Central to this objective is the fundamental role clinical research plays in development of new medicines for prevention, treatment, and cure of various diseases & illnesses. Growing focus on clinical trials is expected to boost the demand for clinical trials supply and logistics in the country.

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Target buyers of Argentina clinical trial supply & logistics market databook

  • Our clientele includes a mix of clinical trial supply & logistics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 country-level data and insights on the Argentina clinical trial supply & logistics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina clinical trial supply & logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina clinical trial supply & logistics market size, by service, 2018-2030 (US$M)

Argentina Clinical Trial Supply & Logistics Market Outlook Share, 2023 & 2030 (US$M)

Argentina clinical trial supply & logistics market size, by service, 2018-2030 (US$M)

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