Middle East & Africa Oncology Clinical Trials Market Size & Outlook
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MEA oncology clinical trials market highlights
- The MEA oncology clinical trials market generated a revenue of USD 176.1 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase II is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 176.1 million |
| Market revenue in 2030 | USD 256.8 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase II |
| 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 | AstraZeneca PLC, Merck KGaA, IQVIA Holdings Inc, Gilead Sciences Inc, Roche Holding AG, PAREXEL, Icon PLC, Syneos Health, Medpace Holdings Inc, Novotech, Broadcom Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.3% of the global oncology 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 4,258.8 million by 2030.
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Oncology Clinical Trials Market Scope
Oncology Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Novotech | View profile | 1001-5000 | Sydney, New South Wales, Australia, Oceania | http://www.novotech-cro.com/ |
| Syneos Health | View profile | 1001-5000 | Morrisville, North Carolina, United States, North America | https://www.syneoshealth.com/ |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| Gilead Sciences Inc | View profile | 18000 | 333 Lakeside Drive, Foster, CA, United States, 94404 | https://www.gilead.com |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
| Medpace Holdings Inc | View profile | 5800 | 5375 Medpace Way, Cincinnati, OH, United States, 45227 | https://www.medpace.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Middle East & Africa 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 iii was the largest segment with a revenue share of 62.63% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa Oncology Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
- Phase IV
- Others
- Phase II
- Phase I
- Phase III
- Middle East & Africa Oncology Clinical Trials Study Design Outlook (Revenue, USD Million, 2018-2030)
- Interventional trials
- Expanded access trials
- Observational trials
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Target buyers of Middle East & Africa 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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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 continent-level data and insights on the Middle East & Africa oncology clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa oncology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA oncology clinical trials market size, by country, 2018-2030 (US$M)
Middle East & Africa Oncology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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