Asia Pacific Clinical Trials Market Forecast to 2028

According to The Research Team’ research, the Asia Pacific clinical trials market was valued at US$ 8,670.68 million in 2022 and is expected to reach US$ 13,114.04 million by 2028, registering a CAGR of 7.1% from 2022 to 2028. Increasing adoption and outsourcing of clinical trials and flourishing pharmaceutical industry and increasing R&D activities in pharmaceutical industry are the critical factors attributed to the Asia Pacific clinical trials market expansion.

In decentralized clinical trials (DCT), patients’ physical access to hospital-based trial sites is reduced or eliminated. In DCTs, digital technologies are used to enable access of patients to clinical research, remote data collection and monitoring, and communication between investigators and participants. A hybrid clinical trial approach combines home-based and on-site activities, bringing the best patient experience and meeting complex protocol regimes, gaining traction across various therapeutic areas and trial phase journeys. Initially, due to challenges such as patient privacy, data security, regulatory barriers, and complex protocol regimes, the adoption of DCT was affected. However, due to the COVID-19 pandemic, the sponsors of clinical trials adopted decentralized and hybrid clinical techniques for developing drugs. They could not continue with traditional trials as they required in-person visits. Due to the restrictions for travel, the only way to gather data and keep trials going was to work remotely and adopt technology much faster than they would have otherwise. Therefore, decentralization broadens trial access to reach a larger number and potentially a more diverse pool of patients.

On the contrary, expensive and time-consuming process hurdles the growth of Asia Pacific clinical trials market.

Based on phase, the Asia Pacific clinical trials market is segmented into phase I, phase II, phase III, and phase IV. The phase III segment held 53.9 % share of Asia Pacific clinical trials market in 2022, amassing US$ 4,663.29 million. It is projected to garner US$ 7,178.39 million by 2028 to expand at 7.5% CAGR during 2022–2028.

Based on study design, the Asia Pacific clinical trials market is segmented into interventional, observational, and expanded access. The interventional segment held 52.1% share of Asia Pacific clinical trials market in 2022, amassing US$ 4,515.92 million. It is projected to garner US$ 6,908.50 million by 2028 to expand at 7.3% CAGR during 2022–2028.

Based on indication, the Asia Pacific clinical trials market is segmented into autoimmune/inflammation, pain management, oncology, CNS condition, diabetes, obesity, cardiovascular, and others. The oncology segment held 27.5% share of Asia Pacific clinical trials market in 2022, amassing US$ 2,384.70 million. It is projected to garner US$ 3,638.11 million by 2028 to expand at 7.3% CAGR during 2022–2028.

Based on country, the Asia Pacific clinical trials market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 29.3% share of Asia Pacific clinical trials market in 2022. It was assessed at US$ 2,536.17 million in 2022 and is likely to hit US$ 3,796.52 million by 2028, exhibiting a CAGR of 7.0% during 2022–2028.

Key players operating in the Asia Pacific clinical trials market are Charles River Laboratories International Inc, ICON Plc, IQVIA Holdings Inc, Laboratory Corp of America Holdings, Parexel International Corp, SGS SA, SIRO Clinpharm Pvt Ltd, Syneos Health Inc, Thermo Fisher Scientific Inc, and WuXi AppTec Co Ltd, among others.

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1. Introduction
1.1 Scope of the Study
1.2 The Research Team Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Clinical Trials Market – By Phase
1.3.2 Asia Pacific Clinical Trials Market – By Study Design
1.3.3 Asia Pacific Clinical Trials Market – By Indication
1.3.4 Asia Pacific Clinical Trials Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Clinical Trials Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific PEST Analysis
4.3 Experts Opinion
5. Asia Pacific Clinical Trials Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption and Outsourcing of Clinical Trials
5.1.2 Flourishing Pharmaceutical Industry and Increasing R&D Activities in Pharmaceutical Industry
5.2 Market Restraints
5.2.1 Expensive and Time-Consuming Process
5.3 Market Opportunities
5.3.1 Adoption of Decentralized Clinical Trials and Hybrid Clinical Trials
5.4 Future Trends
5.4.1 AI-Driven Clinical Trials
5.5 Impact Analysis
6. Clinical Trials Market – Asia Pacific Analysis
6.1 Asia Pacific Clinical Trials Market Revenue Forecast and Analysis
7. Asia Pacific Clinical Trials Market Revenue and Forecast To 2028 – by Study Design
7.1 Overview
7.2 Asia Pacific Clinical Trials Market Revenue Share, by Study Design (2022 and 2028)
7.3 Interventional
7.3.1 Overview
7.3.2 Interventional: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Observational
7.4.1 Overview
7.4.2 Observational: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Expanded Access
7.5.1 Overview
7.5.2 Expanded Access: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Clinical Trials Market – By Phase
8.1 Overview
8.2 Asia Pacific Clinical Trials Market, by Phase, 2022 and 2028 (%)
8.3 Phase III
8.3.1 Overview
8.3.2 Phase III: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Phase II
8.4.1 Overview
8.4.2 Phase II: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Phase IV
8.5.1 Overview
8.5.2 Phase IV: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Phase I
8.6.1 Overview
8.6.2 Phase I: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Clinical Trials Market Revenue and Forecast To 2028 – Indication
9.1 Overview
9.2 Asia Pacific Clinical Trials Market Revenue Share, by Indication (2022 and 2028)
9.3 Autoimmune/Inflammation
9.3.1 Overview
9.3.2 Autoimmune/Inflammation: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pain Management
9.4.1 Overview
9.4.2 Pain Management: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Oncology
9.5.1 Overview
9.5.2 Oncology: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.6 CNS Condition
9.6.1 Overview
9.6.2 CNS Condition: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Diabetes
9.7.1 Overview
9.7.2 Diabetes: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Obesity
9.8.1 Overview
9.8.2 Obesity: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Cardiovascular
9.9.1 Overview
9.9.2 Cardiovascular: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.10 Other
9.10.1 Overview
9.10.2 Other: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 – Country Analysis
10.1.1 Asia Pacific: Clinical Trials Market
10.1.1 Overview
10.1.1.1 China: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 China: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 China: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.1.4 China: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.1.5 China: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
10.1.1.2 Japan: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Japan: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Japan: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.2.4 Japan: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.2.5 Japan: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
10.1.1.3 India: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 India: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 India: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.3.4 India: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.3.5 India: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
10.1.1.4 Australia: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Overview
10.1.1.4.2 Australia: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.3 Australia: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.4.4 Australia: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.4.5 Australia: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
10.1.1.5 South Korea: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Overview
10.1.1.5.2 South Korea: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.3 South Korea: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.5.4 South Korea: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.5.5 South Korea: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
10.1.1.6 Rest of Asia Pacific: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Overview
10.1.1.6.2 Rest of Asia Pacific: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.3 Rest of Asia Pacific: Clinical Trials Market, by Phase, 2020–2028 (US$ Million)
10.1.1.6.4 Rest of Asia Pacific: Clinical Trials Market, by Study Design, 2020–2028 (US$ Million)
10.1.1.6.5 Rest of Asia Pacific: Clinical Trials Market, by Indication, 2020–2028 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 IQVIA Holdings Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Parexel International Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Charles River Laboratories International Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ICON Plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 WuXi AppTec Co Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SGS SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Syneos Health Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SIRO Clinpharm Pvt Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Thermo Fisher Scientific Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Laboratory Corp of America Holdings
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Glossary of Terms

Table 1.             China Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 2.             China Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 3.             China Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Japan Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Japan Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Japan Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 7.             India Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 8.             India Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 9.             India Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 10.          Australia Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 11.          Australia Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 12.          Australia Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 13.          South Korea Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 14.          South Korea Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 15.          South Korea Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 16.          Rest of Asia Pacific Clinical Trials Market, by Phase – Revenue and Forecast to 2028 (US$ Million)
Table 17.          Rest of Asia Pacific Clinical Trials Market, by Study Design – Revenue and Forecast to 2028 (US$ Million)
Table 18.          Rest of Asia Pacific Clinical Trials Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 19.          Organic Developments Done by Companies
Table 20.          Inorganic Developments Done by Companies
Table 21.          Glossary of Terms
 
 

Figure 1.           Asia Pacific Clinical Trials Market Segmentation
Figure 2.           Asia Pacific Clinical Trials Market, By Region
Figure 3.           Asia Pacific Clinical Trials Market Overview
Figure 4.           Phase III Segment Held Largest Share of Phase Segment in Asia Pacific Clinical Trials Market
Figure 5.           India is Expected to Show Remarkable Growth During the Forecast Period
Figure 6.           Asia Pacific: PEST Analysis
Figure 7.           Experts Opinion
Figure 8.           Impact Analysis
Figure 9.           Asia Pacific Clinical Trials Market– Revenue Forecast and Analysis – 2020- 2028
Figure 10.        Asia Pacific Clinical Trials Market Revenue Share, by Study Design (2022 and 2028)
Figure 11.        Interventional: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12.        Observational: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        Expanded Access: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Asia Pacific Clinical Trials Market, by Phase 2022 and 2028 (%)
Figure 15.        Phase III: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Phase II: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17.        Phase IV: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.        Phase I: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Asia Pacific Clinical Trials Market Revenue Share, by Indication (2022 and 2028)
Figure 20.        Autoimmune/Inflammation: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Pain Management: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22.        Oncology: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        CNS Condition: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Diabetes: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Obesity: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Cardiovascular: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Other: Asia Pacific Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Asia Pacific: Clinical Trials Market, by Key Country – Revenue (2022) (US$ Million)
Figure 29.        Asia Pacific: Clinical Trials Market, by Country, 2022 & 2028 (%)
Figure 30.        China: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Japan: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32.        India: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33.        Australia: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34.        South Korea: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35.        Rest of Asia Pacific: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36.        Growth Strategies Done by the Companies in the Market, (%)