North America Neurology Clinical Trials Market Size & Outlook
North America neurology clinical trials market, 2018-2030 (US$M)
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North America neurology clinical trials market highlights
- The North America neurology clinical trials market generated a revenue of USD 2,592.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, phase ii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,592.7 million |
| Market revenue in 2030 | USD 3,760.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase I |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 47.0% of the global neurology clinical trials market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,046.9 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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North America 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 ii was the largest segment with a revenue share of 40.47% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the market with the largest market share in 2021. The region accounted for 47.1% of the global neurology clinical trials market owing to high R&D investments, presence of global players making major investments in clinical research, and growing geriatric population in the region, which is contributing to a rise in the prevalence of neurological disorders.
Favorable initiatives undertaken by public organizations to increase clinical trial activities are further expected to positively impact the North America neurology clinical trials market.
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Target buyers of North America 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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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 continent-level data and insights on the North America neurology clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into North America neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America neurology clinical trials market size, by country, 2018-2030 (US$M)
North America Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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