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Clinical Trial Packaging Market - Global Industry Analysis, Growth, Trends, Forecast 2024

  • Date Submitted: 09/19/2016 12:38 AM
  • Flesch-Kincaid Score: 24.3 
  • Words: 741
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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. Compared to commercial packaging, clinical trial packaging are least market facing so the aesthetics on packaging will be completely omitted.

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Traditionally, pharmaceutical companies have been reluctant in investing in clinical trial packaging, as only a small percentage of drugs have reached the commercialization stage. Since clinical trial packaging is used for medicines which are yet not commercialized, and it is to be taken under necessary guidelines, therefore, there is an additional responsibility to concern manufacturer of the package in such a manner which can be used as tool to drive patient adherence and make them aware frequently to take the dosage correctly and the repercussion of not following the protocol correctly. In the near future, to increase compliance of patient’s clinical trial packaging will be intrigued with smart packaging technologies.

Clinical Trial Packaging Market: Drivers & Restraints

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...

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