Clinical Trial Imaging Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Clinical Trial Imaging Market: By Product & Services (Software and Services), By Modality (ComputedTomography, Magnetic Resonance Imaging, Ultrasound, Positron Emission Tomography, X-Ray, Echocardiography and Other Modalities), By End-User (Pharmaceutical Companies, Biotechnology Companies, Medical Device Manufacturers, Contract Research Organizations, Academic and Government Research Institutes and Other End-Users) and Geography

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Report

Description

Clinical Trial Imaging Market size was valued at 944.40 Billion in 2021 and is estimated to reach 1536.45 Billion by 2028, at a CAGR of 7.2% during the forecast period 2022 to 2028. Some of thе key factors fueling the market growth include growth in the pharmaceutical and biotechnology industries, huge spending on R&D, rise in number of contract research organizations and advancements in the technology. Also, enhanced investment in medical imaging companies and adoption of innovative imaging technologies to support clinical trials are other factors responsible for the market growth. However, high implementation cost of imaging systems and high capital required to run clinical trials are hindering the market growth. The market is predicted to rise due to the growing biotechnology and pharmaceutical sectors, as well as rising research and development investments for generating new pharmaceuticals to treat ailments. In the clinical development of new life science products, medical imaging plays an important role. Despite the fact that the medical imaging sector is always changing, the biotechnology and pharmaceutical industries continue to grow. This is due to increased investment in medical imaging companies, mergers and acquisitions, and the use of cutting-edge imaging technology to assist medical device clinical trials. However, the high cost of machinery and installation, as well as the high cost of clinical trials, may hinder market expansion throughout the projection period.

Clinical Trial Imaging Market

MARKET SUMMARY
-
7.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.2%
  • Largest Market– North-America
  • Fastest Growing Market– Asia Pacific

Clinical Trial Imaging Market

  • Global clinical trial imaging market report gives comprehensive outlook on clinical trial imaging across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global clinical trial imaging market gives historical, current, and future market sizes (US$ Bn) on the basis of product & services, modality, end-user and region.
  • This report studies global clinical trial imaging market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global clinical trial imaging products.
Market Key Players
  • Bioclinica, Inc.
  • Biomedical Systems Corporation
  • Biotelemetry, Inc.
  • Cardiovascular Imaging Technologies
  • Icon PLC
  • Intrinsic Imaging LLC
  • Ixico PLC
  • Parexel International Corporation
Clinical Trial Imaging Market Growth

Rising occurrence of chronic diseases such as Parkinson’s and Alzheimer’s coupled with rapidly growing geriatric population increases the acceptance of clinical trial imaging techniques. Every year, about 60,000 Americans are diagnosed with Parkinson’s and about one million Americans are thought to have Parkinson’s. Moreover, As per the Alzheimer’s Disease Facts and Figures published by Alzheimer’s Association, in 2017, 38% of the total population with Alzheimer’s Dementia in the U.S. are of age group 85+, 44% are of age group 75-84, 16% is of age group 65-74, and 4% are of age group <65. According to UCB, a global BioPharma company focused on severe diseases with operations in approximately 40 countries, there are over 100,000 Canadians living with Parkinson’s disease today, with about 6,600 new cases of Parkinson’s diagnosed each year in Canada. The prevalence of Parkinson’s in the U.K. is about one in 500 people, with a total of about 127,000 people living with the disease. The rise in the number of pharmaceutical and biotechnology companies is making it imperative for the manufacturers to deliver the best possible drug or medicine to the end user as competition is striking the companies. For instance, IXICO provides a reading tool named Assessa, which helps in enhanced decision making in clinical trials for neurological disorders which include dementia, cognitive impairment and diseases related with memory such as Parkinson’s, Schizophrenia, and Alzheimer’s disease.


North-America Got Significant Share

Clinical Trial Imaging Market

North America accounted for larger revenue share in global clinical trial imaging market with considerable CAGR. The growth in this region is due to increasing geriatric population together with rising prevalence of chronic diseases and growing number of pharmaceutical and biotechnology companies. In addition, Asia Pacific held substantial market share during estimated period owing to soaring need for better diagnostic devices and demand for specialized and quality healthcare facilities to improve patient’s life. Europe held steady growth during predicted period as research laboratories are looking to reduce operational costs and rising adoption of clinical trial imaging techniques in this region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Clinical Trial Imaging Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The clinical trial imaging market is projected to expand at a CAGR of 7.2% during the forecast period

 

Bioclinica, Inc, Biomedical Systems Corporation, Biotelemetry, Inc, Cardiovascular Imaging Technologies, Icon PLC,Intrinsic Imaging LLC

North America is the fastest-growing region for clinical trial imaging market


Report

Table Of Content

  1. Executive Summary
  2. Global Clinical Trial Imaging Market Introduction
    • Global Clinical Trial Imaging Market – Taxonomy
    • Global Clinical Trial Imaging Market –Definitions
      • Product & Services
      • Modality
      • End User
  3. Global Clinical Trial Imaging Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Clinical Trial Imaging Market Dynamic Factors – Impact Analysis
    • Global Clinical Trial Imaging Market – Competition Landscape
  4. Global Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Clinical Trial Imaging Market, By Product & Services, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Software
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Services
      • Operational Imaging Services
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Read Analysis Services
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • System and Technical Support Services
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Trial Design Consulting Services
        • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Clinical Trial Imaging Market Forecast, By Modality, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Computed Tomography
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Magnetic Resonance Imaging
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ultrasound
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Positron Emission Tomography
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • X-Ray
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Echocardiography
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Modalities
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Clinical Trial Imaging Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Pharmaceutical Companies
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biotechnology Companies
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Medical Device Manufacturers
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Contract Research Organizations
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Academic and Government Research Institutes
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other End-Users
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Clinical Trial Imaging Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Region, 2019 – 2025
  2. North America Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product & Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Software
      • Services
        • Operational Imaging Services
        • Read Analysis Services
        • System and Technical Support Services
        • Trial Design Consulting Services
      • Modality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Computed Tomography
        • Magnetic Resonance Imaging
        • Ultrasound
        • Positron Emission Tomography
        • X-Ray
        • Echocardiography
        • Other Modalities
      • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Pharmaceutical Companies
        • Biotechnology Companies
        • Medical Device Manufacturers
        • Contract Research Organizations
        • Academic and Government Research Institutes
        • Other End-Users
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • US
        • Canada
      • North America Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Country, 2019 – 2025
      • North America Clinical Trial Imaging Market Dynamics – Trends
  1. Europe Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product & Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Software
      • Services
        • Operational Imaging Services
        • Read Analysis Services
        • System and Technical Support Services
        • Trial Design Consulting Services
      • Modality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Computed Tomography
        • Magnetic Resonance Imaging
        • Ultrasound
        • Positron Emission Tomography
        • X-Ray
        • Echocardiography
        • Other Modalities
      • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Pharmaceutical Companies
        • Biotechnology Companies
        • Medical Device Manufacturers
        • Contract Research Organizations
        • Academic and Government Research Institutes
        • Other End-Users
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Germany
        • UK
        • France
        • Spain
        • Italy
        • Russia
        • Poland
        • Rest of Europe
      • Europe Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Country, 2019 – 2025
      • Europe Clinical Trial Imaging Market Dynamics – Trends
  1. Asia-Pacific Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product & Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Software
      • Services
        • Operational Imaging Services
        • Read Analysis Services
        • System and Technical Support Services
        • Trial Design Consulting Services
      • Modality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Computed Tomography
        • Magnetic Resonance Imaging
        • Ultrasound
        • Positron Emission Tomography
        • X-Ray
        • Echocardiography
        • Other Modalities
      • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Pharmaceutical Companies
        • Biotechnology Companies
        • Medical Device Manufacturers
        • Contract Research Organizations
        • Academic and Government Research Institutes
        • Other End-Users
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Japan
        • China
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • Asia-Pacific Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Country, 2019 – 2025
      • Asia-Pacific Clinical Trial Imaging Market Dynamics – Trends
  1. Latin America Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product & Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Software
      • Services
        • Operational Imaging Services
        • Read Analysis Services
        • System and Technical Support Services
        • Trial Design Consulting Services
      • Modality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Computed Tomography
        • Magnetic Resonance Imaging
        • Ultrasound
        • Positron Emission Tomography
        • X-Ray
        • Echocardiography
        • Other Modalities
      • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Pharmaceutical Companies
        • Biotechnology Companies
        • Medical Device Manufacturers
        • Contract Research Organizations
        • Academic and Government Research Institutes
        • Other End-Users
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • Latin America Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Country, 2019 – 2025
      • Latin America Clinical Trial Imaging Market Dynamics – Trends
  1. Middle East and Africa Clinical Trial Imaging Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product & Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Software
      • Services
        • Operational Imaging Services
        • Read Analysis Services
        • System and Technical Support Services
        • Trial Design Consulting Services
      • Modality Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Computed Tomography
        • Magnetic Resonance Imaging
        • Ultrasound
        • Positron Emission Tomography
        • X-Ray
        • Echocardiography
        • Other Modalities
      • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
        • Pharmaceutical Companies
        • Biotechnology Companies
        • Medical Device Manufacturers
        • Contract Research Organizations
        • Academic and Government Research Institutes
        • Other End-Users
      • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
        • Gulf Cooperation Council (GCC) Countries
        • Israel
        • South Africa
        • Rest of MEA
      • MEA Clinical Trial Imaging Market – Opportunity Analysis Index, By Product & Services, Modality, End User, and Country, 2019 – 2025
      • MEA Clinical Trial Imaging Market Dynamics – Trends
  1. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Services & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Bioclinica, Inc.
      • Biomedical Systems Corporation
      • Biotelemetry, Inc.
      • Cardiovascular Imaging Technologies, LLC
      • Icon PLC
      • Intrinsic Imaging LLC
      • Ixico PLC
      • Parexel International Corporation
      • Radiant Sage LLC
      • Worldcare Clinical, LLC
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Bioclinica, Inc.
  • Biomedical Systems Corporation
  • Biotelemetry, Inc.
  • Cardiovascular Imaging Technologies, LLC
  • Icon PLC
  • Intrinsic Imaging LLC
  • Ixico PLC
  • Parexel International Corporation
  • Radiant Sage LLC
  • Worldcare Clinical, LLC

Description

Clinical Trial Imaging Market size was valued at 944.40 Billion in 2021 and is estimated to reach 1536.45 Billion by 2028, at a CAGR of 7.2% during the forecast period 2022 to 2028. Some of thе key factors fueling the market growth include growth in the pharmaceutical and biotechnology industries, huge spending on R&D, rise in number of contract research organizations and advancements in the technology. Also, enhanced investment in medical imaging companies and adoption of innovative imaging technologies to support clinical trials are other factors responsible for the market growth. However, high implementation cost of imaging systems and high capital required to run clinical trials are hindering the market growth. The market is predicted to rise due to the growing biotechnology and pharmaceutical sectors, as well as rising research and development investments for generating new pharmaceuticals to treat ailments. In the clinical development of new life science products, medical imaging plays an important role. Despite the fact that the medical imaging sector is always changing, the biotechnology and pharmaceutical industries continue to grow. This is due to increased investment in medical imaging companies, mergers and acquisitions, and the use of cutting-edge imaging technology to assist medical device clinical trials. However, the high cost of machinery and installation, as well as the high cost of clinical trials, may hinder market expansion throughout the projection period.

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