South Africa Clinical Trial Supply & Logistics Market Size & Outlook
South Africa clinical trial supply & logistics market, 2018-2030 (US$M)
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South Africa clinical trial supply & logistics market highlights
- The South Africa clinical trial supply & logistics market generated a revenue of USD 17.5 million in 2023 and is expected to reach USD 27.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.5% 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 17.5 million |
| Market revenue in 2030 | USD 27.2 million |
| Growth rate | 6.5% (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, South Africa accounted for 0.5% 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 Middle East & Africa, South Africa clinical trial supply & logistics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.2 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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South Africa 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 25.14% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa is one of the lucrative countries for conducting clinical trials by multinational biopharmaceutical companies.
Presence of well-established research industry, which complies with International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use (ICH) and FDA standards, and diverse population as well as low cost of trials are expected to be some of the primary drivers of the market.
There were more than 2,200 clinical trials registered in South Africa as of 2017, majorly for HIV and tuberculosis. The high number of clinical trials can be attributed to presence of highest number of doctors in public sector and improved infrastructure.
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Target buyers of South Africa clinical trial supply & logistics market databook
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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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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 South Africa clinical trial supply & logistics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa clinical trial supply & logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa clinical trial supply & logistics market size, by service, 2018-2030 (US$M)
South Africa Clinical Trial Supply & Logistics Market Outlook Share, 2023 & 2030 (US$M)
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