Clinical Trials Support Services Market Is Likely To Up Demand At A USD 35.2 Billion By 2028
San Francisco, 22 Oct 2021: The Report Clinical Trials Support Services Market Size, Share & Trends Analysis Report By Phase, By Service (IRB, Clinical Trial Site Management, Data Management, Patient Recruitment Management), By Sponsor, By Region, And Segment Forecasts, 2021 - 2028 The global clinical trials support services market size is anticipated to reach USD 35.2 billion by 2028, according to the new report of Grand View Research, Inc., expanding at a CAGR of 7.3% over the forecast period. The factors driving market growth include rising demand for drug development that necessitates clinical trials and an increase in the number of CROs. In the U.S., the biopharmaceutical sector contributes to around 90% of total spending on clinical trials for drugs and equipment. A clinical trial's costs include data management, patient recruiting, site recruitment, and clinical procedure expenditures. Pharmaceutical firms have been gradually expanding their R&D investment in r