Germany Oncology Clinical Trials Market Analysis

Germany Oncology Clinical Trials Market Analysis


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Germany's oncology clinical trials market is projected to grow from $463 Mn in 2022 to $619.2 Mn by 2030, registering a CAGR of 3.7% during the forecast period of 2022-30. The market will be driven by the strong healthcare infrastructure, focus on personalized medicine, and experienced workforce. The market is segmented by phase, by study design & by indication. Some of the major players include Novartis AG, Roche Holding AG, Bayer AG & BioNTech SE.

ID: IN10DECT006 CATEGORY: Clinical Trials GEOGRAPHY: Germany AUTHOR: Vidhi Upadhyay

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Germany Oncology Clinical Trials Market Executive Summary

The Germany Oncology Clinical Trials Market is projected to grow from $463 Mn in 2022 to $619.2 Mn by 2030, registering a CAGR of 3.7% during the forecast period of 2022 - 2030. The German Clinical Trials Registry (DRKS) is the major WHO registry in Germany. It is in charge of registering all patient-oriented clinical studies done in Germany. According to the WHO International Clinical Trials Registry Platform, In the year 2020, the number of clinical trials performed in Germany was 39,580 (24.22% of the total). Cancers of the breast, prostate, colorectum (big bowel), lung, and bladder are the most prevalent in Germany. According to Globocan 2020, the number of new cases of cancer in Germany was 6,28,519 with Breast cancer contributing to 11.1%, prostate cancer at 10.8%, and Lung cancer at 10.3% of the same.

Germany is a very appealing country for cancer clinical trials owing to its modern healthcare system, highly qualified workforce, and supportive regulatory environment. The country's emphasis on customized treatment and participation in novel clinical trials also makes it a significant participant in the worldwide cancer research scene. Germany is home to several of Europe's top cancer research institutions, including the;

  • German Cancer Research Center (DKFZ)
  • National Center for Tumor Diseases (NCT)
  • Charité Comprehensive Cancer Center (CCCC)

Germany adheres to the EU Clinical Trial Regulation, which assures that all clinical studies adhere to stringent ethical and scientific criteria.

In October 2022, the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) issued a favorable opinion recommending the approval of Pluvicto, a radioligand treatment used in the early stages of prostate cancer.

germany oncology clinical trials market analysis

Market Dynamics

Market Growth Drivers

Many reasons are driving the expansion of cancer clinical trials in Germany. The country's superior healthcare system and solid infrastructure, which create a suitable environment for clinical research, are two major factors. Germany also has a huge patient population, making it a desirable site for clinical trials with high enrolment rates. Moreover, the nation offers a highly trained workforce, including many experienced clinical researchers, which contributes to its desirability as a clinical trial venue. The country's emphasis on individualized medicine in cancer therapy is another factor fuelling the expansion of oncology clinical trials in Germany. This strategy necessitates the creation of novel, focused medicines, which often involve clinical trials. Germany's research institutes and pharmaceutical businesses are working hard to develop these medicines and put them through clinical trials to ensure their safety and effectiveness.

Market Restraints

There are certain constraints to the expansion of cancer clinical trials in Germany. One of the most significant concerns is increased competition from other European nations, such as the United Kingdom and France, who are also actively investing in cancer research. Another concern is the complicated regulatory framework, which may often cause delays in clinical study approval.

Competitive Landscape

Key Players

  • Pfizer Inc.
  • Novartis AG
  • Roche Holding AG
  • AstraZeneca
  • Merck & Co., Inc.
  • Bristol-Myers Squibb Company
  • Johnson & Johnson
  • BioNTech SE (DEU)
  • Bayer AG (DEU)
  • Boehringer Ingelheim International GmbH (DEU)

Notable Insights

  1. In October 2022, the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) issued a favorable opinion recommending the approval of Pluvicto by Novartis, a radioligand treatment used in the early stages of prostate cancer.
  2. October 2021, BioNTech SE stated that the first colorectal cancer patient has been treated in a Phase 2 clinical study with their customized mRNA cancer vaccine BNT122
  3. July 2021, Valo Therapeutics Limited (ValoTx), announced the submission of a clinical trial application (CTA) to the German Regulatory Agency, The Paul Ehrlich Institute (PEI), for a Phase I, first-in-human trial of PeptiCRAd-1 (Peptide-coated Conditionally Replicating Adenovirus 1) in three tumor types.
  4. In June 2021, the first patient has been dosed in BioNTech's Phase II study of an mRNA cancer vaccine

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Clinical Trials Regulation in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation

6. Methodology and Scope

Oncology Clinical Trials Market Segmentation

By Phase (Revenue, USD Billion):

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

By Study Design Outlook (Revenue, USD Billion):

  • Epilepsy
  • Parkinson's Disease (PD)
  • Huntington's Disease
  • Stroke
  • Traumatic Brain Injury (TBI)
  • Amyotrophic Lateral Sclerosis (ALS)
  • Muscle regeneration
  • Others

By Indication Outlook  (Revenue, USD Billion):

  • Interventional
  • Observational
  • Expanded Access

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 20 March 2023
Updated by: Shivam Zalke

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