Lily Desouza21 Jun, 2025Business
The Global Clinical Trials Market reached a value of nearly USD 107.2 billion in 2025. The market is assessed to grow at a CAGR of around 6.09%, during the forecast period of 2025-2032 to attain a value of around USD 162.12 billion in 2032. The mounting occurrence of chronic diseases, developments in biotechnology, and an upgrade in pharmaceutical research investments majorly influence this progression. Also, varied aspects contribute to the Clinical Trials Market growth. Clinical trial globalization has augmented medication discovery by growing patient access, decreasing expenses, and stimulating international cooperation.
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