Argentina Neurology Clinical Trials Market Size & Outlook
Argentina neurology clinical trials market, 2018-2030 (US$M)
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Argentina neurology clinical trials market highlights
- The Argentina neurology clinical trials market generated a revenue of USD 45.5 million in 2023 and is expected to reach USD 66.4 million by 2030.
- The Argentina 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.
Neurology clinical trials market data book summary
| Market revenue in 2023 | USD 45.5 million |
| Market revenue in 2030 | USD 66.4 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 | Novartis AG ADR, Labcorp Holdings Inc, Medpace Holdings Inc, Charles River Laboratories International Inc, Icon PLC, GlaxoSmithKline Consumer Healthcare (GSK CH India), Aurora Innovation Inc Class A, Biogen Inc, IQVIA Holdings Inc, inVentiv Health |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global neurology clinical trials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil neurology clinical trials market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 66.4 million by 2030.
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Neurology Clinical Trials Market Scope
Neurology Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina neurology 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 neurology clinical trials market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 74.29% in 2023. Horizon Databook has segmented the Argentina neurology 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 Alzheimer's Association states that Alzheimer's disease is the fifth major cause of death in the country, which affects more than 300,000 people in Argentina. A significant number of people suffering from Alzheimer's disease in the country is expected to boost the demand for research, which is expected to positively impact the market.
Argentina was not well known as an outsourcing location until just a few years ago, but the combination of good healthcare infrastructure, mainly national clinical trial standards compatible with international norms, as well as easy recruitment of patients have led to speedy growth of CRO industry in Argentina.
The government has also set up a series of government-run clinical investigative sites (ANMAT sites) in high-population urban areas. The biotechnology and pharmaceutical industries are also preferring Argentina for clinical research due to easy patient recruitment.
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Our clientele includes a mix of neurology clinical trials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina neurology clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Argentina neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina neurology clinical trials market size, by phase, 2018-2030 (US$M)
Argentina Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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