The demand for clinical trial packaging has witnessed an uptick in the recent past. The functionality and usability of clinical trial packaging differs from commercial packaging to a great extent. Increase in the number of clinical trials is creating is influencing the clinical trial packaging market. In-depth study and research has been undertaken to analyze possible ways for designing to minimize risk of product damage during shipment.
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Incurable diseases and viruses across globe are on rise, pharmaceutical companies are constantly engaging for cures for various diseases, government investments and funds are being allotted for find cures, willingness of patients to undergo clinical trial are few of the factors which will boot the demand for clinical trial packaging. Considering the rise in clinical trials for cures and investments by pharmaceutical industries for invention of new drugs and breakthrough in cures restraints for clinical trial packaging is bleak.
The clinical trial packaging market is expected to offer lucrative opportunities to manufacturers owing to increasing prevalence of chronic diseases. Some of the key players in clinical trial packaging include WuXi AppTec, Fisher Clinical Services, Inc., Almac Group Catalent, Inc, Pharmaterials Ltd, PCI, Schreiner MediPharm, Sanofi, Sharp Packaging Services, The Coghlan Group, Rubicon Research Pvt. Ltd., Almac and MWV.