Norway Clinical Trials Market Size & Outlook, 2023-2030
Norway clinical trials market, 2018-2030 (US$M)
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Norway clinical trials market highlights
- The Norway clinical trials market generated a revenue of USD 556.7 million in 2023 and is expected to reach USD 816.6 million by 2030.
- The Norway market is expected to grow at a CAGR of 5.6% 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 trials market data book summary
| Market revenue in 2023 | USD 556.7 million |
| Market revenue in 2030 | USD 816.6 million |
| Growth rate | 5.6% (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, Icon PLC, Charles River Laboratories International Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, PAREXEL, Wuxi AppTec Co Ltd, Labcorp Holdings Inc, Eli Lilly and Co, Novo Nordisk A/S ADR, Pfizer Inc, Caidya |
Other key industry trends
- In terms of revenue, Norway accounted for 0.7% of the global clinical trials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany clinical trials market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 5,320.8 million by 2030.
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Clinical Trials Market Scope
Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway clinical trials 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 trials market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 53.17% in 2023. Horizon Databook has segmented the Norway clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
The clinical trials market in Norway is expected to witness steady growth in the upcoming decade. Several global CROs have significant opportunities to enter the Norwegian market and expand their geographical footprint.
Some other factors contributing to market growth are networks/platforms for international cooperation, national initiatives (including trials), pilot projects, and infrastructure development. This factor is expected to create opportunities for clinical trials in Norway. There is a strong opportunity for several new entrants to enter and establish their presence in the country.
Reasons to subscribe to Norway clinical trials market databook:
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Target buyers of Norway clinical trials market databook
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Our clientele includes a mix of clinical trials 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 Norway clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Norway clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway clinical trials market size, by phase, 2018-2030 (US$M)
Norway Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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