France Virtual Clinical Trials Market Size & Outlook
France virtual clinical trials market, 2017-2030 (US$M)
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France virtual clinical trials market highlights
- The France virtual clinical trials market generated a revenue of USD 448.8 million in 2022 and is expected to reach USD 669.1 million by 2030.
- The France market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, interventional was the largest revenue generating study design in 2022.
- Expanded Access is the most lucrative study design segment registering the fastest growth during the forecast period.
Virtual clinical trials market data book summary
| Market revenue in 2022 | USD 448.8 million |
| Market revenue in 2030 | USD 669.1 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Interventional |
| Fastest growing segment | Expanded Access |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interventional, Observational, Expanded Access |
| Key market players worldwide | Icon PLC, PAREXEL, IQVIA Holdings Inc, Labcorp Holdings Inc, LEO Pharma, Medidata, Oracle Corp, Signant Health |
Other key industry trends
- In terms of revenue, France accounted for 5.4% of the global virtual clinical trials market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany virtual clinical trials market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 329.4 million by 2030.
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Virtual Clinical Trials Market Scope
Virtual Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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France virtual 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 virtual clinical trials market will help companies and investors design strategic landscapes.
Interventional was the largest segment with a revenue share of 46.72% in 2022. Horizon Databook has segmented the France virtual clinical trials market based on interventional, observational, expanded access covering the revenue growth of each sub-segment from 2017 to 2030.
France followed Germany in terms of market share, accounting for xx% of the share in 2020. The R&D spending on clinical trials in France is around €5 billion, simultaneously the laws regulating policy for medicinal products are very stringent, making France a very attractive destination for clinical trials.
Clinical trials are conducted in three phases in France. Players in France are offering digital platforms to manage clinical trials. For instance, the French start-up is developing digital solutions to aid in clinical trials.
The company is providing innovative tools like applications and platforms to digitize clinical trial processes, as well as optimize time & costs of clinical trials in the field of cosmetics, esthetic medicine, and dermatology.
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Target buyers of France virtual clinical trials market databook
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Our clientele includes a mix of virtual 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 country-level data and insights on the France virtual clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into France virtual clinical trials market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France virtual clinical trials market size, by study design, 2017-2030 (US$M)
France Virtual Clinical Trials Market Outlook Share, 2022 & 2030 (US$M)
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