
Clinical Trials Market size was valued at USD 45.7 billion in the year 2022 and is anticipated to grow USD 69.93 Bn by 2029 at CAGR of 6.2% from 2023-2029. Clinical trials are the research studies primarily performed on the humans to get data about safety and efficacy of newer biomedical interventions include novel devices, vaccines, drugs, and treatments. Generally, clinical trials are regulated by the ethics committees and health authorities. On the broad base, clinical trials are carried to determine the overall pharmacokinetic and pharmacodynamic properties of the products.
