North America Clinical Trial Imaging Market – Industry Trends and Forecast to 2026

  • Medical Devices
  • Published Report
  • Aug 2020
  • North America
  • 350 Pages
  • No of Tables: 51
  • No of Figures: 42

North America Clinical Trial Imaging Market, By Product & Services (Services, Software), Modality (Computed Tomography, Magnetic Resonance Imaging, Echocardiography, Nuclear Medicine, Positron Emission Tomography, X-Ray, Ultrasound, Optical Coherence Tomography, Others), Application (Oncology, Neurology, Endocrinology, Cardiology, Dermatology, Hematology, Others), End User (Pharmaceutical & Biotechnology Companies, Contract Research Organization, Academic and Government Research Institutes, Others), Distributor (Direct Sales, Tender Sales), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2026

North America Clinical Trial Imaging MarketMarket Analysis and Insights: North America Clinical Trial Imaging Market

North America clinical trial imaging market is expected to gain market growth in the forecast period of 2019 to 2026. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2019 to 2026 and is expected to reach USD 611.90 million by 2026 from USD 357.82 million in 2018. Increasing number of contract research organization, increasing prevalence of chronic diseases and growth in the pharmaceutical and biotechnology industries are some of the factors which are aiding to the growth of the market.

Clinical trial is a process of developing new drugs. Clinical trial is designed for potential treatment and its effects on humans. Before the commercialization of new drugs, an extensive clinical testing is done in order to identify promising compounds, and safety tests are conducted to determine the possible risks.

In clinical trial, medical imaging plays a significant role for more accurate and effective results. Different imaging technologies may be used to elucidate and demonstrate the mechanistic actions of drugs. Clinical trial imaging is the process for clinical analysis and medical intervention by creating image representations of the inner parts of the body. The clinical trial medical imaging has several different technologies which are used to view the human body in order to monitor, treat and diagnose the medical conditions. For instance,

  • In April 2019, IXICO PLC announced that they have done contracts with two biopharmaceutical companies for providing its imaging technology services which support study in Huntington's Disease (HD) along with phase 3 studies in one of the rare neurological disease. By this contract the company has enhanced their credibility in the market.

The rising awareness for the clinical trial imaging also increases the market value as the clinical trial imaging have repeatedly proven its high rates of effectiveness.

Currently various research studies are taking place which is expected to create a competitive advantage for manufacturers to develop new and innovative clinical trial imaging and expected to provide various other opportunities in the clinical trial imaging market. However, high implementation cost of imaging systems is expected to restraint the market growth as to get approvals is difficult.

The clinical trial imaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

North America Clinical Trial Imaging MarketNorth America Clinical Trial Imaging Market Scope and Market Size

North America clinical trial imaging market is segmented into five notable segments which are based on the basis of product & services, modality, application, end user and distributor.The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of product & services, the clinical trial imaging market is segmented into services and software. In 2019, services segment is expected to dominate the market since it provides accurate data and consulting to pharma and biotech companies about the particular clinical trial which is beneficial for the companies to launch new molecules.
  • On the basis of modality, the clinical trial imaging market is segmented into computed tomography, magnetic resonance imaging, ultrasound, positron emission tomography, X-ray, echocardiography, nuclear medicine, optical coherence tomography and others. In 2019, computed tomography segment is expected to dominate the market due to rising number of chronic diseases.
  • On the basis of application, the clinical trial imaging market is segmented into cardiology, neurology, endocrinology, oncology, dermatology, hematology and others. In 2019, oncology segment is expected to dominate the market due to rising number of clinical trials for various types of cancer diseases.
  • On the basis of end-user, the clinical trial imaging market is segmented into contract research organization, pharmaceutical & biotechnology companies, medical device manufacturers, academic and government research institutes and others. In 2019, pharmaceutical & biotechnology companies segment is expected to dominate the market due to increasing number of pipelines drugs in clinical trials.
  • On the basis of distributor, the clinical trial imaging market is segmented into direct sales and tender sales. In 2019, direct sales segment is expected to dominate the market because direct sales provide cost benefits to end users.

North America Clinical Trial Imaging MarketClinical Trial Imaging Market Country Level Analysis

North America clinical trial imaging market is segmented into five notable segments which are based on product & services, modality, application, end user and distributor as referenced above.

The countries covered in clinical trial imaging market report are the U.S., Mexico and Canada.

In North America, the U.S. is dominating the North America clinical trial imaging market due to the large number of companies, R & D capabilities. North America holds major share in the clinical trial imaging market due to the presence of major market players in that region along with increasing healthcare initiatives by the government, Whereas Canada is dominating the market due to the rising prevalence of chronic diseases in the country.

For instance,

  • In July 2018, Resonance Health announced that their product FerriSmart have received CE Mark clearance. CE mark is a certification mark which indicates that the product is with environmental, safety, and health protection standards within the European Economic Area. After getting CE Mark clearance the company enhanced their credibility in the Europe market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Increasing Product Launch, Product Expansion and Acquisitions in Clinical Trial Imaging is creating new opportunities for these organizations in North America Clinical Trial Imaging Market

North America clinical trial imaging market also provides you with detailed market analysis for every country growth in sequencing industry with clinical trial imaging sales, impact of advancement in the clinical trial imaging and changes in regulatory scenarios with their support for the clinical trial imaging market. The data is available for historic period 2010 to 2018.

Competitive Landscape and Clinical Trial Imaging Market Share Analysis

North America clinical trial imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to clinical trial imaging market.

The major players covered in the report are BioTelemetry, Inc, IXICO plc, Resonance Health, Bioclinica, ICON plc, Radiant Sage LLC, Quotient Sciences, worldcare Clinical, Navitas Life Sciences, Cardiovascular Imaging Technologies, Intrinsic Imaging, ERT Clinical, Perspectum Diagnostics, Parexel International Corporation and among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product launch and developments are also initiated by the companies worldwide which are also accelerating the North America clinical trial imaging market.

For instance,

  • In September 2017, Intrinsic Imaging awarded Pivotal Phase 2 Clinical Trial which focused on Degenerative Neuromascular Disorder. It has a great inference in medical sciences as it helped in providing service of Phase 1-4 clinical trials and medical trials involving musculoskeletal imaging. It has the most sophisticated and comprehensive management system in the industry. The award was presented because the services include site development, image processing which will perform all radiological reviews.

Partnership, acquisition and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for clinical trial imaging.

Customization Available: North America Clinical Trial Imaging Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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LIST OF TABLES 

TABLE 1 COST OF CLINICAL TRIAL PHASE 2 AND PHASE 3

TABLE 2 HUGE R&D COST IN THE U.S. FOR DIFFERENT PHASES

TABLE 3 NORTH AMERICA CLINICAL TRIAL IMAGINGMARKET, BY PRODUCT AND SERVICES, 2017-2026 (USD MILLION)

TABLE 4 NORTH AMERICA SERVICES CLINICAL TRIAL IMAGINGMARKET, BY PRODUCT AND SERVICES, 2017-2026 (USD MILLION)

TABLE 5 NORTH AMERICA CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 6 NORTH AMERICA ONCOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 7 NORTH AMERICA NEUROLOGYI N CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 8 NORTH AMERICA ENDOCRINOLOGY CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 9 NORTH AMERICA CARDIOLOGY CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 10 NORTH AMERICA DERMATOLOGY CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 11 NORTH AMERICA HEMATOLOGY CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 12 NORTH AMERICA CLINICAL TRIAL IMAGINGMARKET, BY MODALITY, 2017-2026 (USD MILLION)

TABLE 13 NORTH AMERICA CLINICAL TRIAL IMAGINGMARKET, BY END USER, 2017-2026 (USD MILLION)

TABLE 14 NORTH AMERICA CLINICAL TRIAL IMAGINGMARKET, BY END USER, 2017-2026 (USD MILLION)

TABLE 15 NORTH AMERICA CLINICAL TRIAL IMAGING MARKET,BY COUNTRY, 2017-2026 (USD MILLION)

TABLE 16 U.S CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 17 U.S SERVICES IN CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 18 U.S CLINICAL TRIAL IMAGING MARKET, BY MODALITY, 2017-2026 (USD MILLION)

TABLE 19 U.S CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 20 U.S ONCOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 21 U.S NEUROLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 22 U.S ENDOCRINOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 23 U.S CARDIOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 24 U.S DERMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 25 U.S HEMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 26 U.S CLINICAL TRIAL IMAGING MARKET, BY END USER, 2017-2026 (USD MILLION)

TABLE 27 U.S CLINICAL TRIAL IMAGING MARKET, BY DISTRIBUTOR, 2017-2026 (USD MILLION)

TABLE 28 CANADA CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 29 CANADA SERVICES IN CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 30 CANADA CLINICAL TRIAL IMAGING MARKET, BY MODALITY, 2017-2026 (USD MILLION)

TABLE 31 CANADA CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 32 CANADA ONCOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 33 CANADA NEUROLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 34 CANADA ENDOCRINOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 35 CANADA CARDIOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 36 CANADA DERMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 37 CANADA HEMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 38 CANADA CLINICAL TRIAL IMAGING MARKET, BY END USER, 2017-2026 (USD MILLION)

TABLE 39 CANADA CLINICAL TRIAL IMAGING MARKET, BY DISTRIBUTOR, 2017-2026 (USD MILLION)

TABLE 40 MEXICO CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 41 MEXICO SERVICES IN CLINICAL TRIAL IMAGING MARKET, BY PRODUCT & SERVICES, 2017-2026 (USD MILLION)

TABLE 42 MEXICO CLINICAL TRIAL IMAGING MARKET, BY MODALITY, 2017-2026 (USD MILLION)

TABLE 43 MEXICO CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 44 MEXICO ONCOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 45 MEXICO NEUROLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 46 MEXICO ENDOCRINOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 47 MEXICO CARDIOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 48 MEXICO DERMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 49 MEXICO HEMATOLOGY IN CLINICAL TRIAL IMAGING MARKET, BY APPLICATION, 2017-2026 (USD MILLION)

TABLE 50 MEXICO CLINICAL TRIAL IMAGING MARKET, BY END USER, 2017-2026 (USD MILLION)

TABLE 51 MEXICO CLINICAL TRIAL IMAGING MARKET, BY DISTRIBUTOR, 2017-2026 (USD MILLION)

 

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