U.S. Covid 19 Clinical Trials Market Size & Outlook

The covid 19 clinical trials market in the United States is expected to reach a projected revenue of US$ 2,579.0 million by 2030. A compound annual growth rate of 9% is expected of the United States covid 19 clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,413.6
Forecast, 2030 (US$M)
$2,579.0
CAGR, 2024 - 2030
9%
Report Coverage
U.S.

U.S. covid 19 clinical trials market, 2018-2030 (US$M)

U.S.

U.S. covid 19 clinical trials market highlights

  • The U.S. covid 19 clinical trials market generated a revenue of USD 1,413.6 million in 2023 and is expected to reach USD 2,579.0 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 9% from 2024 to 2030.
  • In terms of segment, phase ii was the largest revenue generating phase in 2023.
  • Phase IV is the most lucrative phase segment registering the fastest growth during the forecast period.


Covid 19 clinical trials market data book summary

Market revenue in 2023USD 1,413.6 million
Market revenue in 2030USD 2,579.0 million
Growth rate9% (CAGR from 2023 to 2030)
Largest segmentPhase ii
Fastest growing segmentPhase IV
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhase I, Phase II, Phase III, Phase IV
Key market players worldwideInovio Pharmaceuticals Inc, AbbVie Inc, BioNTech SE ADR, Novavax Inc, Takeda Pharmaceutical Co Ltd


Other key industry trends

  • In terms of revenue, U.S. accounted for 26.9% of the global covid 19 clinical trials market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. covid 19 clinical trials market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 2,579.0 million by 2030.

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COVID 19 Clinical Trials Market Companies

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U.S. covid 19 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 covid 19 clinical trials market will help companies and investors design strategic landscapes.


Phase ii was the largest segment with a revenue share of 54.29% in 2023. Horizon Databook has segmented the U.S. covid 19 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.


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Target buyers of U.S. covid 19 clinical trials market databook

  • Our clientele includes a mix of covid 19 clinical trials 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.).
  • 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 U.S. covid 19 clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. covid 19 clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. covid 19 clinical trials market size, by phase, 2018-2030 (US$M)

U.S. COVID 19 Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)

U.S. covid 19 clinical trials market size, by phase, 2018-2030 (US$M)

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