Market Insights - Industry Research Report

Clinical Trial Imaging Market

Clinical Trial Imaging Market Size, Share & Growth Report By Services (Clinical Trial Design And Consultation Services, Reading And Analytical Services), By Application, By End Use, By Region, And Segment – Premium Insights, Analysis, and Forecasts, 2024 – 2032

The Global Clinical Trial Imaging Market Size Is Worth USD 1.22 Billion in 2024 And is Estimated to Grow to USD 2.35 Billion By 2032, With a CAGR of Approximately 8.5 % Over the Forecast Period From 2024 To 2032.

The clinical trial imaging market refers to the sector that provides imaging services and technologies used during clinical trials to assess the efficacy and safety of new medical treatments, devices, and therapies. This market encompasses a range of imaging modalities, such as MRI, CT scans, PET scans, X-rays, and ultrasound, which are utilized to gather detailed information about a patient’s condition, monitor disease progression, and evaluate treatment responses.

Key components of the clinical trial imaging market include:

  1. Imaging Services: Companies and institutions that provide imaging services specifically for clinical trials.
  2. Imaging Technologies: Equipment and software used to capture and analyze imaging data.
  3. Regulatory Compliance: Ensuring that imaging practices adhere to regulatory standards and guidelines set by health authorities.
  4. Data Management: The handling and analysis of imaging data, including integration with clinical data.
  5. Outsourcing Trends: Many pharmaceutical and biotechnology companies outsource imaging services to specialized providers to streamline operations and ensure high-quality data collection.

The growth of this market is driven by increasing investments in research and development, the rise of personalized medicine, and the need for advanced imaging techniques to support innovative therapies.

Clinical trial imaging is an essential component of the drug development process, which helps in providing crucial information about the safety and efficacy of new drugs. The clinical trial imaging market is experiencing significant growth due to the increasing demand for innovative therapies and the growing need for accurate diagnosis and treatment evaluation.

Growth Drivers:

Several factors are driving the growth of the clinical trial imaging market, including the increasing prevalence of chronic diseases, rising healthcare expenditure, and the growing demand for personalized medicine. Additionally, the expanding number of clinical trials and the rising adoption of digital imaging technology are expected to boost the growth of the market.

Market Dynamics:

The clinical trial imaging market is highly competitive and is characterized by several established players. The market is also witnessing the emergence of several new players, which is intensifying the competition. Additionally, the market is highly regulated, which is expected to impact its growth of the market.

Recent Developments:

  • The clinical trial imaging market is witnessing several recent developments, such as the introduction of new imaging techniques and the development of new drugs for the treatment of various diseases. Additionally, several companies are focusing on developing innovative imaging solutions to improve the accuracy of diagnosis and treatment evaluation.

Segmentation:

The Clinical Trial Imaging Market can be segmented based on Service, Application, and End-user.

  • Service Insights: Based on Service, the market can be segmented into Clinical Trial Design and Consultation Services, Reading and Analytical Services, Operational Imaging Services, and others. Project and Data Management Services conquered the market with 30% of the market share in 2024. Clinical trials that utilize imaging typically require data management and workflow integration across several groups. These services incorporate operational expertise & trial workflow development, tracking projects, converting scans into digital images, regulatory control & quality assurance, real-time trial status reports, setup & management of MRI centers, data management, and reporting & issue resolution. The U.S. governance agreed on a cloud-based server that shields all the medical imaging records, such as annotated & base images, and secures reports from any natural disaster, and facilitates faster & easier retrieval.
  • Application Insights: Based on Application, the market can be segmented into NASH, CKD, Diabetes, Cardiovascular Diseases, and Others. Nonalcoholic Steatohepatitis (NASH) is anticipated to expand at the quickest CAGR of 8.2% during the forecasted period. The growing burden of NASH due to the increasing prevalence of the disease is anticipated to propel segment expansion. Analyses suggest that the global prevalence of NASH is 25%, with the most elevated in the Middle East and South America and the lowest in Africa. Prevalence for the same is anticipated to rise to 62% by 2032, prompting the demand for its treatment. Consequently, to meet the need, organizations are concentrating on improving clinical trial analyses to assess the significance of treatments used for NASH.
  • End-use Insights: Based on end-user, the market can be segmented into Biotechnology and Pharmaceutical companies, Medical Devices Manufacturers, Academic and Government Research Institutes, Contract Research Organizations (CROs), and Others. The Contract Research Organizations (CROs) segment accounted for the biggest share of 45.9% in 2022. This noteworthy market share can be attributed to the snowballing cost of drug development along with the advanced Research & Development activities.

Regional Insights:

North America conquered the global market with over 41.5% share of the global clinical trial imaging market in 2024. This can be attributed to the presence of large outsourcing companies and an expansion in R&D in the region. Various factors such as the increasing geriatric population along with increasing chronic diseases are anticipated to propel the market in North America. North America serves the most increased number of clinical trials. In addition, most outsourcing movements are from North America. Cost is another element donating to the outsourcing of clinical trials to other research associations.

Key Companies & Market Share Insights

  • Some of the key players operating in the global clinical trial imaging market include
  1. IXICO plc
  2. Navitas Life Sciences
  3. Resonance Health
  4. ProScan Imaging
  5. Radiant Sage LLC
  6. Medpace
  7. Biomedical Systems Corp
  8. Cardiovascular Imaging Technologies
  9. Intrinsic Imaging
  10. BioTelemetry

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Beyond Market Insights has segmented the global clinical trial imaging market based on service, application, end-user, and region:

Clinical Trial Imaging Market by Service Outlook (Revenue, USD Million, 2018 – 2032)    

    1. Clinical Trial Design and Consultation Services
    2. Reading and Analytical Services
    3. Operational Imaging Services
      • Computed Tomography (CT) ScanMRI (Magnetic Resonance Imaging)
      • X-Ray
      • Ultrasound
      • Optical Coherence Tomography (OCT)
      • Others
    4. System and Technology Support Services
    5. Project and Data Management

Clinical Trial Imaging Market by Modality Outlook (Revenue, USD Million, 2018 – 2032)

  1. Computed Tomography
  2. Magnetic Resonance Imaging
  3. X-Ray
  4. Ultrasound
  5. Optical Coherence Tomography (OCT)
  6. Others

Clinical Trial Imaging Market by Application Outlook (Revenue, USD Million, 2018 – 2032)      

    1. NASH
    2. CKD
    3. Diabetes
    4. Cardiovascular Diseases
    5. Others

Clinical Trial Imaging Market by End-use Outlook (Revenue, USD Million, 2018 – 2032)

    1. Biotechnology and Pharmaceutical companies
    2. Medical devises Manufacturers
    3. Academic and Government Research Institutes
    4. Contract Research Organizations (CROs)
    5. Others

Clinical Trial Imaging Market by Regional Outlook (Revenue, USD Million, 2018 – 2032)

  1. North America
    • United States
    • Canada
    • Mexico
  2. Europe
    • France
    • United Kingdom
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  3. Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Southeast Asia
  4. The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  5. Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
Clinical Trial Imaging Market Report Scope
Report Attribute
Details
Market Size Value in 2024USD 1.22 billion
Revenue Forecast in 2032USD 2.35 billion
Growth RateCAGR of 8.5% from 2024 to 2032
Base Year for Estimation2024
Historical Data2018 – 2023
Forecast Period2024 – 2032
Quantitative UnitsRevenue in USD million and CAGR from 2024 to 2032
Report CoverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments CoveredService, application, end-use, region
Regional ScopeNorth America; Europe; Asia Pacific; Latin America; MEA
Country ScopeU.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; China; India; Thailand; South Korea; Brazil; Mexico; Colombia; Argentina; South Africa; Saudi Arabia; UAE
Key Companies ProfiledIXICO plc; Navitas Life Sciences; Resonance Health; ProScan Imaging; Radiant Sage LLC; Medpace; Biomedical Systems Corp; Cardiovascular Imaging Technologies; Intrinsic Imaging; BioTelemetry

Frequently Asked Questions

Clinical trial imaging is the use of imaging techniques to provide crucial information about the safety and efficacy of new drugs during the drug development process.
The growth drivers of the clinical trial imaging market include the increasing prevalence of chronic diseases, rising healthcare expenditure, and the growing demand for personalized medicine.
The recent developments in the clinical trial imaging market include the introduction of new imaging techniques and the development of new drugs for the treatment of various diseases.
The clinical trial imaging market is segmented based on imaging modality, product and service, and end-user.
The end-users of the clinical trial imaging market include pharmaceutical and biotechnology companies, contract research organizations (CROs), academic and research institutes, and others.

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