Clinical Trials Market Global Overview: Growth and Demand Trends
The global clinical trials market is poised for significant growth due to the increasing demand for novel treatments, advances in medical research, and the expansion of healthcare infrastructure worldwide. Clinical trials are essential for the development of new pharmaceutical products, medical devices, and treatment protocols. These trials are carried out in phases to assess the safety, efficacy, and dosage of new drugs or therapies before they are approved for commercial use. Over the years, the clinical trials market has evolved, driven by technological advancements, growing investments in research and development (R&D), and a rising number of chronic diseases requiring innovative treatment solutions. The clinical trials market is primarily driven by the increasing prevalence of chronic diseases, such as cancer, diabetes, and cardiovascular conditions, which require continuous research and development of effective treatments. The aging global population further contributes ...