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Clinical Trials Market is Estimated to value at nearly US$ 44 Bn in 2019
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The global clinical trials market is estimated to value at nearly US$ 44 Bn in 2019, and is expected to register a CAGR of 5.7%. The global clinical trials market is segmented on the basis of phases, study design, indications/symptoms, and region.

Increasing demand for new medical equipments and medicines among end users, coupled with growing investment for research and development activities for development of effective medicines are major factors driving growth of the global clinical trials market. 

Currently, the market in North America is dominating the global market in terms of revenue and is expected to maintain its dominance over the forecast period. Presence of prominent pharmaceutical manufacturing companies, coupled with increasing investment for development of new medicines are major factors driving growth of the clinical trials market in North America.

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Market in Middle East & Africa is expected to witness lucrative growth in terms of revenue over the forecast period, followed by Latin America. Increasing government investment for development of technologically advanced medical facilities in United Arab Emirates and Saudi Arabia is a factor expected to support growth of the clinical trial market in Middle East & Africa region.

Global Clinical Trials Market Segmentation:

Global Clinical Trials Market Segmentation, by Phases:

Phase I
Phase II
Phase III
Phase IV
Global Clinical Trials Market Segmentation, by Study Design:

Interventional Trials
Observational Trials
Expanded Access Trials
Global Clinical Trials Market Segmentation, by Indications/Symptoms:

Autoimmune
Blood Disorders
Cancer
Circulatory
CNS
Congenital
CVS
Dermatology
Ear
Gastrointestinal
Genitourinary
Infections
Mental Disorders
Metabolic
Musculoskeletal
Nose
Ophthalmology
Others (Egg Freezing, Sperm Freezing, and Embryo Freezing)
Global Clinical Trials Market Segmentation, by Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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