Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Study Design (Interventional, Expanded Access, Observational), By Indication (Cardiovascular, Oncology, Others) And Competitive Landscape
Product Code: ETC079266 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Virtual Clinical Trials Market is expected to register growth in the coming future. In Latin America, the instance of tropical and infectious diseases that need new medicines and drugs in numerous countries is a component anticipated to boost the growth of the virtual clinical trial market during the forecast period. The growing rate of neurological diseases like tumours, depression, epilepsy, Parkinson's, and Alzheimer's combined with the increasing geriatric population are components anticipated to boost the growth of the virtual clinical trial market over the forecast period. Though in the region a marked social and economic inequality can still be noticed, over the last years there has been a growth in middle classes and a stronger focus on educational and health sectors. Biopharma companies and regulatory agencies are focused on the creation of digital technologies, virtual trials, and telemedicine, as they're potential solutions to limit trial disruptions. Health policies, accompanied by a growth in health care infrastructure and life expectancy. Due to Covid19 the future of clinical trials as virtual trials has been increasing rapidly. In the current scenario virtual trial is the only way to complete the ongoing studies and to start the new one.
According the 6Wresearch, the Latin America Virtual Clinical Trials Market is likely to witness significant growth during 2021-2027. Brazil faced the global economic crisis effectively, achieving a faster recovery as compared to many developed countries. Argentina is also in the process of overcoming crisis. Most of the trials are conducted in Brazil, Mexico, Colombia and Argentina. Latin America is one of the unexploited regions for Clinical Trials The countries like Brazil, Mexico and Argentina these countries have a health care and clinical trial management infrastructure which allows to see a steady growth in terms of quantity, complexity and quality of projects in the short and medium term. Mexico is rapidly becoming a major player in the pharmaceutical and medical device industries. A recent report states that It’s the number one exporter of medical devices in Latin America and 8th in the world and also a leading exporter of pharmaceutical products in Latin America.
The Latin America Virtual Clinical trial market is segmented on the basis of Study type, By indication, and by Regions. Based on study type the market is bifurcated into Interventional, observational and expanded access and others. Based on Indication the market bifurcated into Oncology, cardiovascular, Immunology, Gastrointestinal, Respiratory, Endocrinology, Ophthalmology and other indications. Based on region the market is divided into North America, Latin America, Middle east, Africa, Europe and Asia Pacific. The existence of the leading players and benefits environment for carrying out clinical trials is another element anticipated to push the growth of the clinical trial in the regions. The Key players profiled Virtual clinical trial market are Chiltern, Omnicare, PPD, kendle, Quintles, ICON PLC, Charles River, Parexel. An increasing number of biotechnology firms are looking at the Latin America region for the Covid19 trials to take advantage of the large patient pool and fast track procedures. An increasing number of biotechnology firms are looking at the Europe region for the Covid19 trials to take advantage of the large patient pool and fast track procedures.
The Latin America Virtual Clinical Trials Market report thoroughly covers the market by study, indications and key countries including Mexico, Chile, Brazil, Argentina and rest of Latin America. The Latin America Virtual Clinical Trial market outlook report provides an unbiased and detailed analysis of the on-going Latin America market trends, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market Report covers the following segment:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Virtual Clinical Trials Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Virtual Clinical Trials Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Virtual Clinical Trials Market - Industry Life Cycle |
3.4 Latin America Virtual Clinical Trials Market - Porter's Five Forces |
3.5 Latin America Virtual Clinical Trials Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Virtual Clinical Trials Market Revenues & Volume Share, By Study Design, 2020 & 2027F |
3.7 Latin America Virtual Clinical Trials Market Revenues & Volume Share, By Indication, 2020 & 2027F |
4 Latin America Virtual Clinical Trials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Virtual Clinical Trials Market Trends |
6 Latin America Virtual Clinical Trials Market, 2017 - 2027 |
6.1 Latin America Virtual Clinical Trials Market, Revenues & Volume, By Study Design, 2017 - 2027 |
6.2 Latin America Virtual Clinical Trials Market, Revenues & Volume, By Indication, 2017 - 2027 |
7 Brazil Virtual Clinical Trials Market, 2017 - 2027 |
7.1 Brazil Virtual Clinical Trials Market, Revenues & Volume, By Study Design, 2017 - 2027 |
7.2 Brazil Virtual Clinical Trials Market, Revenues & Volume, By Indication, 2017 - 2027 |
8 Mexico Virtual Clinical Trials Market, 2017 - 2027 |
8.1 Mexico Virtual Clinical Trials Market, Revenues & Volume, By Study Design, 2017 - 2027 |
8.2 Mexico Virtual Clinical Trials Market, Revenues & Volume, By Indication, 2017 - 2027 |
9 Argentina Virtual Clinical Trials Market, 2017 - 2027 |
9.1 Argentina Virtual Clinical Trials Market, Revenues & Volume, By Study Design, 2017 - 2027 |
9.2 Argentina Virtual Clinical Trials Market, Revenues & Volume, By Indication, 2017 - 2027 |
10 Rest of Latin America Virtual Clinical Trials Market, 2017 - 2027 |
10.1 Rest of Latin America Virtual Clinical Trials Market, Revenues & Volume, By Study Design, 2017 - 2027 |
10.2 Rest of Latin America Virtual Clinical Trials Market, Revenues & Volume, By Indication, 2017 - 2027 |
11 Latin America Virtual Clinical Trials Market Key Performance Indicators |
12 Latin America Virtual Clinical Trials Market - Opportunity Assessment |
12.1 Latin America Virtual Clinical Trials Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Virtual Clinical Trials Market Opportunity Assessment, By Study Design, 2020 & 2027F |
12.3 Latin America Virtual Clinical Trials Market Opportunity Assessment, By Indication, 2020 & 2027F |
13 Latin America Virtual Clinical Trials Market - Competitive Landscape |
13.1 Latin America Virtual Clinical Trials Market Revenue Share, By Companies, 2020 |
13.2 Latin America Virtual Clinical Trials Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |