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2014-2018 Phase I Study Trends and Market Outlook

  • October 2014
  • 91 pages
  • Industry Standard Research
Report ID: 2003882

Summary

Table of Contents

Staying up-to-date with industry practices and usage patterns in this critical stage of clinical development is essential to making informed decisions regarding your own Phase I research, regardless of whether you work at a sponsor organization or a service provider.

This report provides an overview of current market dynamics in the Phase I space as well as an outlook of what our survey respondents, all Phase I decision-makers at sponsor organizations, envision the marketplace will look like in 2018.

ISR also explores the perceptions and selection of Phase I service providers. Understanding these dynamics can help both study sponsors and CROs better evaluate their position in the marketplace and prepare for upcoming changes and new trends.

What you will learn in this report:

- 4-year examination of the industry’s Phase I market dynamics (i.e. study volume, outsourcing, spend)
- Average per company spend on Phase I studies and dollar value of outsourced studies
- Criteria sponsors use to select (and disqualify) clinical service providers
- Sponsor predictions and preferences for future changes in Phase I studies
- Detailed examination of service provider selection for simple vs. complex studies

How you can use this report:

For Sponsors: Evaluate your position in the marketplace and prepare for upcoming changes or new trends.
Benchmark your Phase I outsourcing practices against industry-wide trends to make more informed operational, resourcing, and financial decisions.

For Service Providers: Drive operational and Phase I sales and marketing strategies by understanding sponsor preferences, most important service provider attributes, and reasons service providers lose bids. Develop strategies based on current trends and Phase I study volume and outsourcing projections for the next 4 years.

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