Chile Clinical Trial Supply & Logistics Market Size & Outlook
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Chile clinical trial supply & logistics market highlights
- The Chile clinical trial supply & logistics market generated a revenue of USD 46.0 million in 2023 and is expected to reach USD 71.5 million by 2030.
- The Chile market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, logistics & distribution was the largest revenue generating service in 2023.
- Logistics & distribution is the most lucrative service segment registering the fastest growth during the forecast period.
Clinical trial supply & logistics market data book summary
| Market revenue in 2023 | USD 46.0 million |
| Market revenue in 2030 | USD 71.5 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Logistics & distribution |
| Fastest growing segment | Logistics & distribution |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Logistics & distribution, Storage & retention, Packaging, labeling and blinding, Manufacturing, Comparator sourcing, Other services (solutions, ancillary supply) |
| Key market players worldwide | Thermo Fisher Scientific Inc, Catalent Inc, PAREXEL, Almac Group, Piramal Pharma Solutions, DHL Group, FedEx Corp, UDG Healthcare, Marken, Walden Group, PCI Pharma Services |
Other key industry trends
- In terms of revenue, Chile accounted for 1.2% of the global clinical trial supply & logistics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil clinical trial supply & logistics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 126.3 million by 2030.
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Clinical Trial Supply & Logistics Market Scope
Clinical Trial Supply & Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Walden Group | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | http://www.walden-group.com/ |
| UDG Healthcare | View profile | 5001-10000 | Dublin, Dublin, Ireland, Europe | http://udghealthcare.com |
| Marken | View profile | 501-1000 | Durham, North Carolina, United States, North America | https://www.marken.com/ |
| PCI Pharma Services | View profile | 1001-5000 | Philadelphia, Pennsylvania, United States, North America | http://www.pciservices.com |
| Almac Group | View profile | 1001-5000 | Craigavon, Craigavon, United Kingdom, Europe | https://www.almacgroup.com |
| Piramal Pharma Solutions | View profile | 1001-5000 | Riverview, Michigan, United States, North America | http://www.piramalpharmasolutions.com/ |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| Catalent Inc | View profile | 17219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | https://www.catalent.com |
| FedEx Corp | View profile | 787400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | https://www.fedex.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Chile clinical trial supply & logistics 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 clinical trial supply & logistics market will help companies and investors design strategic landscapes.
Logistics & distribution was the largest segment with a revenue share of 25.43% in 2023. Horizon Databook has segmented the Chile clinical trial supply & logistics market based on logistics & distribution, storage & retention, packaging, labeling and blinding, manufacturing, comparator sourcing, other services (solutions, ancillary supply) covering the revenue growth of each sub-segment from 2018 to 2030.
Rising number of clinical trials and CROs in the region is likely to boost the clinical trials supply and logistics market. The trend is expected to continue and is anticipated to attract players to this market, thereby contributing to growth of clinical trial supply and logistics market in the region.
Moreover, rising spread of coronavirus and growing investments by the government and private players for vaccine production are among factors likely to drive the market. For, instance, in August 2020, the government announced to support clinical trial headed by Sinovac and Universidad Católica, with a state contribution of around USD 3.4 million.
The country’s science and health officials announced that the protocol for conducting phase III clinical trials for COVID-19 vaccines in Chile began in the month of August 2020.
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Target buyers of Chile clinical trial supply & logistics market databook
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Our clientele includes a mix of clinical trial supply & logistics 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 Chile clinical trial supply & logistics market , including forecasts for subscribers. This country databook contains high-level insights into Chile clinical trial supply & logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Chile clinical trial supply & logistics market size, by service, 2018-2030 (US$M)
Chile Clinical Trial Supply & Logistics Market Outlook Share, 2023 & 2030 (US$M)
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