UAE Clinical Trials Market Size & Outlook, 2023-2030
UAE clinical trials market, 2018-2030 (US$M)
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UAE clinical trials market highlights
- The UAE clinical trials market generated a revenue of USD 28.2 million in 2023 and is expected to reach USD 41.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.9% 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 28.2 million |
| Market revenue in 2030 | USD 41.9 million |
| Growth rate | 5.9% (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
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa clinical trials 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 495.5 million by 2030.
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Clinical Trials Market Scope
Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 52.84% in 2023. Horizon Databook has segmented the UAE 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 UAE clinical research sector is performing well, with many pharma companies investing in clinical studies. Phase III and IV studies are most common in the UAE, along with observational studies. The regulatory scenario in the country is favorable for clinical studies.
The Health Authority Abu Dhabi's (HAAD) medical research sections promote world-class research that improves health & quality of life while ensuring ethical conduct of research & protection of human subjects. In 2023, the UAE performed 203 oncology clinical trials and 858 unknown clinical trials, representing the highest figure in the MEA.
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Target buyers of UAE 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 UAE clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into UAE clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE clinical trials market size, by phase, 2018-2030 (US$M)
UAE Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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