Global In Silico Clinical Trials Market Size & Outlook
The in silico clinical trials industry worldwide is expected to reach a projected revenue of US$ 5,100.3 million by 2030. A compound annual growth rate of 7.5% is expected of the worldwide in silico clinical trials industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,074.3
Forecast, 2030 (US$M)
$5,100.3
CAGR, 2024 - 2030
7.5%
Report Coverage
Worldwide
Global in silico clinical trials market, 2018-2030 (US$M)
Related Markets
Global in silico clinical trials market highlights
- The global in silico clinical trials market generated a revenue of USD 3,074.3 million in 2023 and is expected to reach USD 5,100.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.5% by 2030.
- In terms of segment, medical devices accounted for a revenue of USD 1,754.2 million in 2023.
- Industry is the most lucrative industry segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,074.3 million |
| Market revenue in 2030 | USD 5,100.3 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Industry |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Industry |
Other key industry trends
- In terms of revenue, the North America accounted for 44.6% of the global in silico clinical trials market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Colombia is the fastest growing regional market and is projected to reach USD 10.3 million by 2030.
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In Silico Clinical Trials Market Scope
In silico clinical trials market segmentation & scope
Others
In Silico Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global in silico 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 in silico clinical trials market will help companies and investors design strategic landscapes.
medical devices was the largest segment with a revenue share of 57.06% in 2023. Horizon Databook has segmented the Global in silico clinical trials market based on medical devices, industry covering the revenue growth of each sub-segment from 2018 to 2030.
- Global In Silico Clinical Trials Industry Outlook (Revenue, USD Million, 2018-2030)
- Medical Devices
- Industry
- Global In Silico Clinical Trials Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Infectious Disease
- Hematology
- Cardiology
- Dermatology
- Neurology
- Diabetes
- Others
- Global In Silico Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
- Phase I
- Phase II
- Phase III
- Phase IV
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Target buyers of Global in silico clinical trials market databook
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Our clientele includes a mix of in silico 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 global-level data and insights on the Global in silico clinical trials market, including forecasts for subscribers. This global databook contains high-level insights into Global in silico clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global in silico clinical trials market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: In silico clinical trials market size, 2023 (USD Million)
Top 10 countries: In silico clinical trials market size, 2023 (USD Million)
Global in silico clinical trials market, by region, 2023 (US$M)
Related regional statistics
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