The global clinical trials conducted in 2008 were reported to be 10,326 and were highest from 2007-2010.

Amongst all the market segments, the oncology trials market commands the largest share by indications. The oncology trials accounted for 28.47% of all the trials conducted for 2008.

Clinical trials market is increasing globally due to decline in the naïve disease population in the developed countries, strict regulatory approvals, and tight R&D budgets are forcing the sponsors to move to the east.

Asia seems to be lucrative market for clinical trials due to naïve population and nearly 50% low costs for conducting the trials as compared to the U.S. Although the longer timelines for approval is still a major concern for the sponsors, Asia region reported to a steady growth as compared to the other regions that showed decline in the total number of clinical trials in 2010. Asia accounted for the highest of 809 trials for 2010.

CROs with the most significant developments for clinical trials are – Chiltern, Quintles, PPD, and Omnicare are undergoing various mergers and acquisitions for technology and to make a global presence with local CROs.

This analyst briefing focuses on the global clinical trials market from 2007 to 2010. The agenda for the briefing includes discussion on key high growth markets, marking the growth trend in clinical trials market. Furthermore, a briefing will be conducted on geographic trends and opportunities in the macro- and micro-markets with respect to Europe, Americas, and APAC

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