Clinical Trials: World Market 2010-2025

23 Sep 2011 • by Natalie Aster

The clinical trials sector is limited by the availability of quantitative data on global clinical development operations and other activity. The past few years have seen increased registration of clinical trials on the FDA website, owing to new mandates from FDA, listed in the FDA Modernization Act of 1997. Although, these numbers do not represent the global clinical trial activity, it still is considered to be a substantial subset of the entire market scenario.

The report “Clinical Trials: World Market 2010-2025” by Visiongain considers perspectives of sponsors and CROs for clinical trial outsourcing/off-shoring. It identifies the sector’s strengths, weaknesses and financial prospects from 2010 to 2025 through quantitative and qualitative analyses.

Report Details:

Clinical Trials: World Market 2010-2025

Published: July 2010
Pages: 138
Price: US$ 2,461.00

Report Sample Abstract

Contract/Clinical Research Organisations (CROs)

Contract or clinical research organisations (CROs) are organisations that pharmaceutical companies hire to undertake particular operations related to the development of a drug candidate. The use of CROs is becoming increasingly common throughout the pharmaceutical industry worldwide. The benefits CROs offer include:

• Global operations;

• In-depth regional knowledge;

• Knowledge about regional regulatory requirements and knowledge of how to meet those requirements;

• Branches that speak local languages;

• Specialised knowledge about regions, specific disease types, or types of drugs tested;

• Knowledge of how best to recruit patients in any given area;

• Flexibility due to smaller size (smaller rather than large pharmaceutical companies);

• Greater efficiency and adaptability;

• Advantages of specialisation: CROs are dedicated to running clinical trials and are not distracted by the many other operational requirements in large pharmaceutical companies

More information can be found in the report “Clinical Trials: World Market 2010-2025” by Visiongain.

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