Report Description

Forecast Period

2024-2028

Market Size (2022)

14.70 billion

CAGR (2023-2028)

7.50%

Fastest Growing Segment

Treatment Studies

Largest Market

North America

 

Market Overview

Global Pediatric Clinical Trials Market has valued at USD 14.70 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 7.50% through 2028. Pediatric clinical trials are research studies conducted to evaluate the safety, efficacy, and dosing of medical treatments, interventions, drugs, devices, or therapies in pediatric populations, which includes infants, children, and adolescents. These trials are essential for improving the understanding and treatment of diseases and medical conditions that affect children. Conducting pediatric clinical trials requires a strong emphasis on ethical principles, including informed consent. Parents or legal guardians provide informed consent on behalf of pediatric participants. Researchers must ensure that the trial benefits outweigh potential risks for the child. Pediatric clinical trials measure specific endpoints and outcomes to evaluate the effects of treatments. These can include improvements in symptoms, disease progression, quality of life, and safety profiles.

The prevalence of pediatric diseases, including rare diseases and chronic conditions, has been on the rise. This drives the need for clinical trials to develop effective treatments for children. Advances in genomics and molecular biology have led to the development of targeted therapies for pediatric diseases. These innovative treatments require clinical trials to assess their safety and efficacy. Many pediatric clinical trials focus on rare diseases, which are often underserved by traditional drug development. Orphan drug status and incentives provided by regulators have driven research in this area. Pediatric clinical trials are increasingly conducted on a global scale. This globalization allows for access to diverse patient populations, reducing the time required for patient recruitment and enhancing the generalizability of trial results. The availability of funding from government agencies, nonprofit organizations, and pharmaceutical companies has boosted pediatric clinical trial activity. These financial resources support research into pediatric treatments.

Key Market Drivers

Growing Focus on Rare Diseases

 Rare diseases, also known as orphan diseases, often lack approved treatments or have limited therapeutic options. Many of these diseases affect children, and pediatric patients with rare diseases face particularly challenging health conditions. Pediatric clinical trials are essential to develop treatments for these underserved populations. Regulatory agencies, such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), offer incentives to encourage the development of orphan drugs for rare diseases. These incentives include extended market exclusivity, tax credits, and waived application fees, which make pediatric clinical trials more attractive to pharmaceutical companies. Rare diseases often receive orphan drug designation, which grants special status to drugs intended to treat rare conditions. This designation can expedite the drug development process and increase funding opportunities for pediatric clinical trials. Patient advocacy groups for rare diseases play a crucial role in raising awareness, supporting research, and facilitating clinical trials. They often collaborate with researchers, clinicians, and industry partners to drive pediatric clinical trial initiatives.

Advances in genomics and personalized medicine have increased the understanding of the genetic basis of many rare diseases. This knowledge allows for the development of targeted therapies, making pediatric clinical trials more focused and promising. Rare diseases are, by definition, rare, and patients may be dispersed globally. Collaborative efforts among researchers, healthcare providers, and pharmaceutical companies on an international scale help pool resources and access diverse patient populations for clinical trials. Pediatric research networks, such as the Pediatric Trials Network (PTN) and the International Rare Diseases Research Consortium (IRDiRC), focus on rare diseases. They facilitate research, data sharing, and the conduct of pediatric clinical trials in the rare disease field. The orphan drug market, including treatments for rare pediatric diseases, can be financially attractive for pharmaceutical companies. Developing effective treatments for rare diseases can lead to market exclusivity and premium pricing. Advances in biomedical research, including gene therapy, gene editing, and cell-based therapies, have opened new avenues for treating rare diseases. These cutting-edge approaches often require pediatric clinical trials to assess safety and efficacy. Successful pediatric clinical trials for rare diseases can have a profound and lasting impact on patients' lives. They offer the potential to improve or even save the lives of children who would otherwise have limited treatment options. This factor will help in the development of Global Pediatric Clinical Trials Market.

Advancements in Precision Medicine

The mapping of an individual's genome has become more accessible and cost-effective. Next-generation sequencing (NGS) technologies have revolutionized genomics, enabling the sequencing of entire genomes, exomes, and specific gene panels. This information is used to identify genetic mutations, variations, and susceptibilities to specific diseases. Pharmacogenomics studies how an individual's genetic makeup affects their response to drugs. By understanding genetic variations, healthcare providers can prescribe medications that are more likely to be effective and have fewer adverse effects for a particular patient. Precision oncology utilizes genomic profiling of tumors to identify specific genetic alterations that drive cancer growth. Targeted therapies and immunotherapies are designed to attack cancer cells based on their molecular characteristics, leading to more effective and less toxic treatments. Liquid biopsy techniques allow for the non-invasive detection of cancer and other diseases by analyzing genetic material (e.g., DNA, RNA) in bodily fluids like blood. This approach enables early cancer detection, monitoring treatment responses, and tracking disease progression. Single-cell sequencing technologies enable the study of individual cells within complex tissues. This is invaluable for understanding cell heterogeneity in diseases, such as cancer, and for developing personalized treatments. Epigenetics focuses on modifications to DNA that do not change the underlying genetic code but affect gene expression. Understanding epigenetic changes can provide insights into disease mechanisms and potential therapeutic targets.

AI and machine learning algorithms can analyze large-scale genomic and clinical data to identify patterns and predict disease risk, progression, and treatment responses. These tools aid in personalized treatment recommendations. Immunogenomics combines genomics and immunology to understand how an individual's immune system interacts with diseases. It is essential in developing personalized immunotherapies, such as CAR-T cell therapy for cancer. Genomic sequencing has improved the diagnosis of rare genetic diseases, many of which affect children. Identifying the genetic cause of these conditions can lead to more accurate diagnoses and potential treatments. Patients can contribute to their own precision medicine by providing data through wearable devices and mobile apps. This real-time data can be integrated with genetic and clinical information to personalize healthcare. Large-scale genomic studies help identify genetic risk factors for common diseases like heart disease, diabetes, and Alzheimer's. This knowledge can inform preventive measures and early interventions. As precision medicine advances, ethical considerations surrounding privacy, consent, and data sharing become increasingly important. Regulatory agencies are developing guidelines to ensure the responsible use of genomic and personalized data. This factor will pace up the demand of Global Pediatric Clinical Trials Market.

Increasing Pediatric Health Issues

Pediatric health issues, including chronic conditions, rare diseases, and developmental disorders, are on the rise globally. As the pediatric population grows, so does the number of children affected by these conditions, necessitating clinical research to develop effective treatments. Many pediatric diseases and conditions have limited or no approved treatments. Pediatric patients often face unmet medical needs, and clinical trials are crucial for developing new therapies that can improve their health and quality of life. Advances in genomics have increased our understanding of genetic and congenital disorders in children. This knowledge has opened new avenues for developing targeted therapies, personalized medicine, and gene-based treatments, all of which require clinical trials. Cancer is one of the leading causes of death among children. Pediatric oncology clinical trials are critical for developing more effective and less toxic treatments for childhood cancers.

Emerging infectious diseases and the ongoing threat of epidemics and pandemics, such as COVID-19, highlight the need for clinical trials to test vaccines and treatments for pediatric populations. Neurodevelopmental disorders, such as autism spectrum disorders and attention-deficit/hyperactivity disorder (ADHD), are increasingly prevalent. Clinical trials aim to develop interventions that can improve the lives of children with these conditions. Premature birth and neonatal health issues are significant concerns. Clinical trials in neonatology focus on improving outcomes for premature and critically ill newborns. The rising incidence of childhood obesity and related metabolic disorders necessitates research into interventions and treatments. Pediatric clinical trials play a role in addressing these health issues. Mental health issues in children, including anxiety, depression, and behavioral disorders, are receiving greater attention. Clinical trials aim to identify effective therapies and interventions. Various global health organizations and initiatives prioritize improving pediatric healthcare and access to essential medications. They support and fund clinical trials as part of their mission to address pediatric health challenges. This factor will accelerate the demand of Global Pediatric Clinical Trials Market.

 

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Key Market Challenges

Diversity and Representation

Clinical trial results need to be applicable to the entire population, including various demographic groups. Lack of diversity can lead to biased or incomplete findings that may not accurately reflect how a treatment will work in real-world settings, especially for underrepresented populations. Pediatric clinical trials that do not include diverse populations can perpetuate health disparities. Certain ethnic and racial groups may be disproportionately affected by certain diseases, and they should have the opportunity to benefit from advances in pediatric medicine. Genetic, physiological, and environmental factors can influence how treatments affect individuals. It's essential to understand how a drug or intervention works in diverse populations, including different age groups, genders, ethnicities, and socioeconomic backgrounds. Pediatric clinical trials require informed consent from parents or guardians. Ensuring that these caregivers have access to understandable information and that they represent diverse backgrounds is an ethical imperative. Regulatory agencies, such as the FDA and EMA, encourage or require the inclusion of diverse populations in clinical trials. Failure to meet these requirements can delay regulatory approvals. Engaging with diverse communities is essential for building trust and encouraging participation in clinical trials. Community partnerships can help identify barriers to participation and develop strategies to overcome them. Cultural factors can influence healthcare decision-making. Clinical trial protocols and recruitment strategies should be culturally sensitive to engage a broad range of participants.

Parental Concerns and Reluctance

Parents are naturally concerned about the safety of their children. They may worry about potential risks and adverse effects associated with the investigational treatments or interventions being tested in the trial. Insufficient information or understanding about the trial, its purpose, procedures, and potential benefits can lead to parental reluctance. Effective communication and providing clear, comprehensible information are critical. Some parents may perceive clinical trials as experimental and fear that their child will be treated like a "guinea pig." Addressing these misconceptions through education is essential. Parents may have ethical concerns, such as whether it is morally acceptable to enroll their child in a clinical trial, especially if they perceive a potential conflict between the child's well-being and the trial's goals. In randomized controlled trials, some children may receive a placebo or standard treatment instead of investigational therapy. Parents may be reluctant to enroll their child if they believe the child will receive a placebo. Participation in clinical trials often involves additional time, travel, and commitments. Parents may face logistical challenges, such as scheduling conflicts or the need for frequent clinic visits. Trust in healthcare providers and the research institution is crucial for parental willingness to enroll their child in a clinical trial. Any perceived lack of trustworthiness can deter participation. Language barriers and cultural differences can make it difficult for parents to fully understand the trial's details and make informed decisions. Culturally sensitive communication is essential.

Key Market Trends

Increasing Emphasis on Pediatric Drug Development

The pediatric drug market represents a significant opportunity for pharmaceutical companies. Developing medications specifically for children can lead to market exclusivity and premium pricing, incentivizing investment in pediatric drug development. Advances in pediatric healthcare and medicine have expanded the potential for drug development. Innovative therapies, precision medicine approaches, and genetic-based treatments offer new avenues for addressing pediatric diseases. Pediatric research networks and collaborations, such as the Pediatric Trials Network (PTN) and the International Neonatal Consortium (INC), facilitate pediatric drug development by bringing together expertise, resources, and patient populations. Patient advocacy groups and organizations dedicated to pediatric health play a crucial role in raising awareness about the importance of pediatric clinical trials and advocating for research in pediatric drug development. Various global health organizations and initiatives prioritize improving pediatric healthcare and access to essential medications, further driving the emphasis on pediatric drug development.

Segmental Insights

Phase Insights

In 2022, the Global Pediatric Clinical Trials Market dominated by phase II trials segment and is predicted to continue expanding over the coming years.  Phase II clinical trials are a critical stage in drug development where the safety and efficacy of a potential treatment are evaluated in a relatively small but diverse group of patients. In the context of pediatric trials, it is crucial to thoroughly assess the safety and effectiveness of investigational drugs in children before advancing to larger, more complex trials. Pediatric patients, especially infants and young children, are vulnerable, and their bodies may respond differently to medications compared to adults. Conducting Phase II trials allows researchers to gather essential data on dosage, safety profiles, and potential side effects in the pediatric population while minimizing exposure to potential risks. Phase II trials help determine the appropriate dosage of a drug for pediatric patients. This is crucial because children often require different dosages than adults due to differences in metabolism, body weight, and other factors.

Study Design Insights

In 2022, the Global Pediatric Clinical Trials Market largest share was held by Treatment studies segment and is predicted to continue expanding over the coming years.  Pediatric clinical trials in the Treatment studies segment are primarily focused on developing and testing treatments for various pediatric diseases and conditions. There is a significant clinical necessity to find effective therapies for children, as many medical conditions affect them differently than adults. Many childhood diseases and conditions, including congenital disorders, genetic diseases, rare diseases, and pediatric cancers, require specific treatments. The prevalence of such conditions necessitates extensive research to find and validate effective treatment options. Pediatric patients often face unmet medical needs, where there may be limited or no approved treatments available. This creates a strong incentive for pharmaceutical companies and researchers to invest in clinical trials to address these gaps in pediatric care.

Therapeutic Areas Insights

In 2022, the Global Pediatric Clinical Trials Market largest share was held by oncology segment in the forecast period and is predicted to continue expanding over the coming years. Pediatric oncology trials are prominent because cancer is one of the leading causes of death among children worldwide. Childhood cancers, although relatively rare compared to adult cancers, still affect a significant number of pediatric patients. This prevalence necessitates extensive clinical research to develop more effective treatments. Despite advances in pediatric oncology, there are still many unmet medical needs. Many types of childhood cancers have limited treatment options, and there is a pressing need for innovative therapies with fewer side effects. Advances in genomics and molecular biology have led to the development of targeted therapies for pediatric cancers. These therapies are often tested in clinical trials to determine their safety and efficacy, further driving research in paediatric oncology.


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Regional Insights

The North America region dominates the Global Pediatric Clinical Trials Market in 2022. North America, especially the United States, is home to a substantial pharmaceutical and biotechnology industry. Many major pharmaceutical companies and research institutions are based in the United States, which leads to a concentration of resources and expertise in conducting clinical trials, including pediatric trials. The United States has a well-established regulatory framework, primarily governed by the Food and Drug Administration (FDA), for conducting clinical trials. The FDA has specific guidelines and incentives to encourage pediatric drug development, such as the Pediatric Research Equity Act (PREA) and the Best Pharmaceuticals for Children Act (BPCA). North America boasts a strong and well-developed healthcare infrastructure, which includes top-tier hospitals, research centers, and clinical trial facilities. This infrastructure is vital for conducting pediatric clinical trials.

Recent Developments

  • In August 2022, to prevent invasive pneumococcal disease (IPD) brought on by the 20 Streptococcus pneumoniae (pneumococcus) serotypes contained in the vaccine for the paediatric population, Pfizer Inc. recently announced positive top-line results from its pivotal U.S. Phase 3 study (NCT04382326) in infants. The study's two co-primary goals were non-inferiority (NI) of the proportion of participants with predefined serotype-specific immunoglobin G (IgG) concentrations after Dose 3 and NI of IgG geometric mean concentrations (GMCs) after Dose 4, which were related to immunogenicity responses one month after the third and fourth doses of the four-dose vaccination series, respectively. After Dose 4, all 20 serotypes achieved the co-primary goal of NI of IgG GMCs. Fourteen of the 20 serotypes achieved noninferiority for the primary secondary objective of IgG GMCs after Dose 3, and all serotypes achieved noninferiority for the co-primary objective of NI of the percentage of participants with predefined IgG levels after Dose 3 (two serotypes missed by a wider margin and four narrowly missed). In this 20-valent vaccine candidate, all 20 serotypes produced strong functional responses (OPA) and increases in antibody responses after Dose 4. The sum of the findings supports the potential benefit of all 20 serotypes.
  • In July 2022, A Phase 3 trial evaluating the investigational use of Dupixent® (dupilumab) in children aged 1 to 11 years with eosinophilic esophagitis (EoE) met its primary endpoint of histological disease remission at 16 weeks with both higher and lower dose weight-tiered regimens, according to a press release from Regeneron Pharmaceuticals, Inc., and Sanofi. For kids under the age of 12, there are no recognised treatments for EoE. EoE is a chronic inflammatory condition that harms the oesophagus and impairs its functionality. Dupixent's effects on adults and kids with EoE show that IL-4 and IL-13 are important regulators of the type 2 inflammation that underlies this condition. Children with eosinophilic esophagitis frequently have acid reflux, vomiting, stomach pain, difficulty swallowing, and a failure to thrive. These symptoms may have an adverse effect on growth and development as well as lead to a dread of food that may last into adulthood.

Key Market Players

  • Bristol-Myers Squibb Company
  • Charles River Laboratories International Inc.
  • Covance Inc.
  • GlaxoSmithKline plc
  • ICON plc
  • IQVIA Inc.
  • Novartis AG
  • Pfizer, Inc.
  • Pharmaceutical Product Development, LLC
  • Syneos Health Inc.    
  • Paidion Research, Inc.
  • The Emmes Company, LLC

By Phase

By Study Design

By Therapeutic Area

By Region

·         Phase I

·         Phase II

·         Phase III

·         Phase IV

·         Treatment Studies

·         Observational Studies

·         Respiratory Disease

·         Infectious Diseases Oncology

·         Diabetes

·         Other Therapeutic Areas

·         North America

·         Asia-Pacific

·         Europe

·         South America

·         Middle East & Africa

 

 

Report Scope:

In this report, the Global Pediatric Clinical Trials Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Pediatric Clinical Trials Market, By Phase:

o   Phase I

o   Phase II

o   Phase III

o   Phase IV

  •  Pediatric Clinical Trials Market, By Study Design:

o   Treatment Studies

o   Observational Studies

  •  Pediatric Clinical Trials Market, By Therapeutic Area:

o   Respiratory Disease

o   Infectious Diseases Oncology

o   Diabetes

o   Other Therapeutic Areas

  • Global Pediatric Clinical Trials Market, By region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Australia

§  Japan

o   Europe

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Pediatric Clinical Trials Market.

Available Customizations:

Global Pediatric Clinical Trials Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Pediatric Clinical Trials Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Pediatric Clinical Trials Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Phase (Phase I, Phase II, Phase III, and Phase IV)

5.2.2.    By Study Design (Treatment Studies and Observational Studies)

5.2.3.    By Therapeutic Area (Respiratory Diseases, Infectious Diseases, Oncology, Diabetes, and Other Therapeutic Areas)

5.2.4.    By Region

5.2.5.    By Company (2022)

5.3.  Market Map

6.    Asia Pacific Pediatric Clinical Trials Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Phase

6.2.2.    By Study Design

6.2.3.    By Therapeutic Design

6.2.4.    By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.    China Pediatric Clinical Trials Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Phase

6.3.1.2.2.           By Study Design

6.3.1.2.3.           By Therapeutic Design

6.3.2.    India Pediatric Clinical Trials Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Phase

6.3.2.2.2.           By Study Design

6.3.2.2.3.           By Therapeutic Design

6.3.3.    Australia Pediatric Clinical Trials Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Phase

6.3.3.2.2.           By Study Design

6.3.3.2.3.           By Therapeutic Design

6.3.4.    Japan Pediatric Clinical Trials Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Phase

6.3.4.2.2.           By Study Design

6.3.4.2.3.           By Therapeutic Design

6.3.5.    South Korea Pediatric Clinical Trials Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Phase

6.3.5.2.2.           By Study Design

6.3.5.2.3.           By Therapeutic Design

7.    Europe Pediatric Clinical Trials Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Phase

7.2.2.    By Study Design

7.2.3.    By Therapeutic Design

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Pediatric Clinical Trials Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Phase

7.3.1.2.2.           By Study Design

7.3.1.2.3.           By Therapeutic Design

7.3.2.    Germany Pediatric Clinical Trials Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Phase

7.3.2.2.2.           By Study Design

7.3.2.2.3.           By Therapeutic Design

7.3.3.    Spain Pediatric Clinical Trials Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Phase

7.3.3.2.2.           By Study Design

7.3.3.2.3.           By Therapeutic Design

7.3.4.    Italy Pediatric Clinical Trials Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Phase

7.3.4.2.2.           By Study Design

7.3.4.2.3.           By Therapeutic Design

7.3.5.    United Kingdom Pediatric Clinical Trials Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Phase

7.3.5.2.2.           By Study Design

7.3.5.2.3.           By Therapeutic Design

8.    North America Pediatric Clinical Trials Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Phase

8.2.2.    By Study Design

8.2.3.    By Therapeutic Design

8.2.4.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Pediatric Clinical Trials Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Phase

8.3.1.2.2.           By Study Design

8.3.1.2.3.           By Therapeutic Design

8.3.2.    Mexico Pediatric Clinical Trials Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Phase

8.3.2.2.2.           By Study Design

8.3.2.2.3.           By Therapeutic Design

8.3.3.    Canada Pediatric Clinical Trials Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Phase

8.3.3.2.2.           By Study Design

8.3.3.2.3.           By Therapeutic Design

9.    South America Pediatric Clinical Trials Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Phase

9.2.2.    By Study Design

9.2.3.    By Therapeutic Design

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Pediatric Clinical Trials Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Phase

9.3.1.2.2.           By Study Design

9.3.1.2.3.           By Therapeutic Design

9.3.2.    Argentina Pediatric Clinical Trials Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Phase

9.3.2.2.2.           By Study Design

9.3.2.2.3.           By Therapeutic Design

9.3.3.    Colombia Pediatric Clinical Trials Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Phase

9.3.3.2.2.           By Study Design

9.3.3.2.3.           By Therapeutic Design

10. Middle East and Africa Pediatric Clinical Trials Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Phase

10.2.2. By Study Design

10.2.3. By Therapeutic Design

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Pediatric Clinical Trials Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Phase

10.3.1.2.2.         By Study Design

10.3.1.2.3.         By Therapeutic Design

10.3.2. Saudi Arabia Pediatric Clinical Trials Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Phase

10.3.2.2.2.         By Study Design

10.3.2.2.3.         By Therapeutic Design

10.3.3. UAE Pediatric Clinical Trials Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Phase

10.3.3.2.2.         By Study Design

10.3.3.2.3.         By Therapeutic Design

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Pediatric Clinical Trials Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Product

15. PESTLE Analysis

16. Competitive Landscape

16.1.   Bristol-Myers Squibb Company

16.1.1.    Business Overview

16.1.2.    Company Snapshot

16.1.3.    Products & Services

16.1.4.    Financials (In case of listed companies)

16.1.5.    Recent Developments

16.1.6.    SWOT Analysis

16.2.   Charles River Laboratories International Inc.

16.2.1.    Business Overview

16.2.2.    Company Snapshot

16.2.3.    Products & Services

16.2.4.    Financials (In case of listed companies)

16.2.5.    Recent Developments

16.2.6.    SWOT Analysis

16.3.   Covance Inc.

16.3.1.    Business Overview

16.3.2.    Company Snapshot

16.3.3.    Products & Services

16.3.4.    Financials (In case of listed companies)

16.3.5.    Recent Developments

16.3.6.    SWOT Analysis

16.4.   GlaxoSmithKline plc

16.4.1.    Business Overview

16.4.2.    Company Snapshot

16.4.3.    Products & Services

16.4.4.    Financials (In case of listed companies)

16.4.5.    Recent Developments

16.4.6.    SWOT Analysis

16.5.   ICON plc

16.5.1.    Business Overview

16.5.2.    Company Snapshot

16.5.3.    Products & Services

16.5.4.    Financials (In case of listed companies)

16.5.5.    Recent Developments

16.5.6.    SWOT Analysis

16.6.   IQVIA Inc.

16.6.1.    Business Overview

16.6.2.    Company Snapshot

16.6.3.    Products & Services

16.6.4.    Financials (In case of listed companies)

16.6.5.    Recent Developments

16.6.6.    SWOT Analysis

16.7.   Novartis AG

16.7.1.    Business Overview

16.7.2.    Company Snapshot

16.7.3.    Products & Services

16.7.4.    Financials (In case of listed companies)

16.7.5.    Recent Developments

16.7.6.    SWOT Analysis

16.8.   Pfizer, Inc.

16.8.1.    Business Overview

16.8.2.    Company Snapshot

16.8.3.    Products & Services

16.8.4.    Financials (In case of listed companies)

16.8.5.    Recent Developments

16.8.6.    SWOT Analysis

16.9.   Pharmaceutical Product Development, LLC

16.9.1.    Business Overview

16.9.2.    Company Snapshot

16.9.3.    Products & Services

16.9.4.    Financials (In case of listed companies)

16.9.5.    Recent Developments

16.9.6.    SWOT Analysis

16.10.Syneos Health Inc.

16.10.1.                 Business Overview

16.10.2.                 Company Snapshot

16.10.3.                 Products & Services

16.10.4.                 Financials (In case of listed companies)

16.10.5.                 Recent Developments

16.10.6.                 SWOT Analysis

16.11.Paidion Research, Inc.

16.11.1.                 Business Overview

16.11.2.                 Company Snapshot

16.11.3.                 Products & Services

16.11.4.                 Financials (In case of listed companies)

16.11.5.                 Recent Developments

16.11.6.                 SWOT Analysis

16.12.The Emmes Company, LLC

16.12.1.                 Business Overview

16.12.2.                 Company Snapshot

16.12.3.                 Products & Services

16.12.4.                 Financials (In case of listed companies)

16.12.5.                 Recent Developments

16.12.6.                 SWOT Analysis

17. Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Pediatric Clinical Trials Market was estimated to be USD 14.70 billion in 2022.

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Paidion Research, Inc., The Emmes Company, LLC are some of the key players operating in the Global Pediatric Clinical Trials Market.

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Developing age-appropriate drug formulations for children, including infants and neonates, can be technically challenging.

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There has been a growing trend on rare diseases and orphan drugs for pediatric populations.

profile

Sakshi Bajaal

Business Consultant
Press Release

Pediatric Clinical Trials Market to grow with a CAGR of 7.50%

Oct, 2023

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Global Pediatric Clinical Trials Market.