The increasing R&D expenditure by pharmaceutical and biopharmaceutical firms, as well as the increasing number of Clinical Trial Supply and Logistics Market conducted globally, are driving market growth. Furthermore, technological advances in the supply chain drive the market. The increasing complexity of clinical studies, as well as increased competition among players, are factors driving the adoption of new technologies in supply chain management. Because of the increased demand for the Covid-19 vaccine, the number of clinical trials has increased. According to the WHO, more than 80 vaccines are currently being studied in clinical trials, with another 180 in the pre-clinical stage. Timeliness and access to a large population would present logistical challenges.
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