Germany Neurology Clinical Trials Market Size & Outlook
Germany neurology clinical trials market, 2018-2030 (US$M)
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Germany neurology clinical trials market highlights
- The Germany neurology clinical trials market generated a revenue of USD 315.2 million in 2023 and is expected to reach USD 466.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.8% 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 315.2 million |
| Market revenue in 2030 | USD 466.4 million |
| Growth rate | 5.8% (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, Germany accounted for 5.7% 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 Europe, France neurology clinical trials market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 66.5 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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Germany 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 46.76% in 2023. Horizon Databook has segmented the Germany 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.
Germany is another key location for clinical trials in Europe. Advancements in technology and highquality clinical resources are some of the primary factors expected to propel the market growth over the forecast period. The presence of a significant number of CROs and pharmaceutical companies in the country conducting neurology clinical trials is likely to contribute to market growth.
However, high overhead cost is a major challenge in this region, due to which companies are shifting the location of their clinical trials to developing economies. The global share of Germany in clinical trial activity is declining consistently compared to other European countries.
According to Global Data, Germany’s clinical trials accounted for 4.9% of the global clinical trial activity in 2018, whereas in 2021, they accounted for 3.9%. The consistent decline in clinical trial activity in Germany is likely to impact the neurology clinical trials market in Germany.
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Target buyers of Germany neurology clinical trials market databook
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany neurology clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Germany neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany neurology clinical trials market size, by phase, 2018-2030 (US$M)
Germany Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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