Published on : Mar 05, 2018
Albany, New York, March 5, 2018: Market Research Hub (MRH) has added a new report titled “Clinical Trial Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, to its vast storehouse of research studies. As per the assessment, the global clinical trial packaging market has experienced impressive growth since the past decade, as a result of rising pharmaceutical packaging products trade all around the globe. Readers can access knowledge about various opportunities in the market for the present as well as future highlighting countless segments of the overall clinical trial packaging market.
It has been noticed that, clinical trial packaging manufacturers are primarily emphasizing on mounting their geographical footprint with the help of mergers and acquisitions. Further, growing standing for booklet labels is one interesting trend prevailing in the clinical trial packaging market. Based on the research report, the revenue created from sales of clinical trial packaging is projected to surge at a CAGR of 6.9% during period 2017-2025. The initial section of the report deals with the market outlook through the implementation of different market parameters. It helps to evaluate market performance based on revenue, followed by the study of drivers, key trends and restraints spotted in the global clinical trial packaging market.
Later, in the report to understand and evaluate opportunities in this market, the analysis is firmly divided into five key sections. These are packaging type, end use, material type and region. This report investigates the global clinical trial packaging market in terms of volume (Mn Units) and value (US$ ‘000). On the basis of packaging type, syringes, blisters, bottles, vials & ampoules, tubes, bags & pouches, sachets, kits or packs and others, are the prime versions. Based on end-use, research laboratories, drug manufacturing facilities and clinical research organization are the major fields where clinical trial packaging is utilized. Geographically, the overall market for clinical trial packaging is enclosed for five regional markets which are North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. It is important to know that, North America holds nearly 53% of the total clinical trial packaging market.
As the report concludes, readers can access information about the top companies operating in the global clinical trial packaging market. Some of the prime manufacturers mentioned in the report are Bilcare Limited, Westrock Company, Almac Group Limited, Fisher Clinical Services, Sharp Clinical Services, Inc, The Coghlan Group, PAREXEL International Corporation, Piramal Enterprises Ltd, Xerimis Inc, WuXi AppTec, Corden Pharma GmbH, Pharmaterials Ltd, Sentry BioPharma Services, PCI Pharma Services, DMB Consultancy and Körber Medipak Systems AG.
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