Global Oncology Clinical Trials Market Size & Outlook
Global oncology clinical trials market, 2018-2030 (US$M)
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Global oncology clinical trials market highlights
- The global oncology clinical trials market generated a revenue of USD 13,710.1 million in 2023 and is expected to reach USD 19,494.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, phase ii accounted for a revenue of USD 6,339.7 million in 2023.
- Phase III is the most lucrative phase 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, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 13,710.1 million |
| Market revenue in 2030 | USD 19,494.9 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase III |
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 53.5% of the global oncology 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, Canada is the fastest growing regional market and is projected to reach USD 453.2 million by 2030.
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Oncology Clinical Trials Market Scope
Oncology Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global oncology 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 oncology clinical trials market will help companies and investors design strategic landscapes.
Phase ii was the largest segment with a revenue share of 46.24% in 2023. Horizon Databook has segmented the Global oncology 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.
- Global Oncology Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
- Phase I
- Phase II
- Phase III
- Phase IV
- Others
- Global Oncology Clinical Trials Study Design Outlook (Revenue, USD Million, 2018-2030)
- Interventional trials
- Observational trials
- Expanded access trials
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Target buyers of Global oncology clinical trials market databook
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Our clientele includes a mix of oncology 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 global-level data and insights on the Global oncology clinical trials market , including forecasts for subscribers. This global databook contains high-level insights into Global oncology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global oncology clinical trials market size, by region, 2018-2030 (US$M)
Top 10 countries: Oncology clinical trials market size, 2023 (US$M)
Global oncology clinical trials market share, by phase, 2023 & 2030 (%, US$M)
Oncology clinical trials market: Opportunity assessment by country
Global oncology clinical trials market, by region, 2023 (US$M)
| Phase | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 181.1 | 193.0 | 205.7 | 219.2 | 233.6 | 248.9 | 265.3 | 282.6 | 293.1 | 307.9 | 326.0 | 345.2 | 365.5 | 5.2% |
| Europe | 2,472.1 | 2,619.9 | 2,776.8 | 2,943.1 | 3,119.4 | 3,306.1 | 3,504.1 | 3,713.9 | 3,829.8 | 4,002.6 | 4,215.3 | 4,439.3 | 4,675.3 | 4.9% |
| North America | 5,651.8 | 5,954.7 | 6,273.7 | 6,609.6 | 6,963.4 | 7,335.9 | 7,728.2 | 8,141.2 | 8,344.8 | 8,668.2 | 9,072.9 | 9,496.1 | 9,938.6 | 4.1% |
| MEA | 128.6 | 137.0 | 145.9 | 155.3 | 165.4 | 176.1 | 187.5 | 199.7 | 206.8 | 217.0 | 229.6 | 242.8 | 256.8 | 5.1% |
| Asia Pacific | 1,785.3 | 1,931.8 | 2,089.9 | 2,260.4 | 2,444.4 | 2,643.0 | 2,857.2 | 3,088.3 | 3,243.5 | 3,453.7 | 3,704.7 | 3,972.7 | 4,258.8 | 6.5% |
| Overall | 10,218.9 | 10,836.3 | 11,491.9 | 12,187.6 | 12,926.2 | 13,710.1 | 14,542.3 | 15,425.7 | 15,917.9 | 16,649.4 | 17,548.5 | 18,496.1 | 19,494.9 | 5.2% |
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