Italy Clinical Trial Supply & Logistics Market Size & Outlook
Italy clinical trial supply & logistics market, 2018-2030 (US$M)
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Italy clinical trial supply & logistics market highlights
- The Italy clinical trial supply & logistics market generated a revenue of USD 116.6 million in 2023 and is expected to reach USD 194.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.6% 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 2023 | USD 116.6 million |
| Market revenue in 2030 | USD 194.5 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Logistics & distribution |
| Fastest growing segment | Logistics & distribution |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Logistics & distribution, Storage & retention, Packaging, labeling and blinding, Manufacturing, Comparator sourcing, Other services (solutions, ancillary supply) |
| Key market players worldwide | Thermo 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, Italy accounted for 3.1% 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 Europe, Germany clinical trial supply & logistics market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 194.5 million by 2030.
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Clinical Trial Supply & Logistics Market Scope
Clinical Trial Supply & Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 25.3% in 2023. Horizon Databook has segmented the Italy 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.
Italy contributed to 9.9% of the global clinical trial supply & logistics market in 2020. In Italy, clinical trials conducted are frequently sponsored by biotechnology and pharmaceutical companies. However, investigator-initiated research is very common in Italy.
In such cases, pharmaceutical firms may provide financial support. Italy is working since many years to become a major player in clinical studies owing to top-level research institutions & hospitals present in the country.
This is anticipated to boost clinical trial supply and logistics market growth. According to Farmindustria, around 20% of the clinical trials in Europe are run in Italy.
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Our clientele includes a mix of clinical trial supply & logistics 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 country-level data and insights on the Italy clinical trial supply & logistics market , including forecasts for subscribers. This country databook contains high-level insights into Italy clinical trial supply & logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy clinical trial supply & logistics market size, by service, 2018-2030 (US$M)
Italy Clinical Trial Supply & Logistics Market Outlook Share, 2023 & 2030 (US$M)
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