The Poland Neurology Clinical Trials market is projected to grow from $30.3 Mn in 2022 to $48.2 Mn by 2030, registering a CAGR of 5.95% during the forecast period of 2022 - 2030. The market will be driven by a skilled workforce, a supportive regulatory framework, and a relatively low cost of conducting research. The market is segmented by phase, by study design & by indication. Some of the major players include Biogen Inc., Pfizer Inc. & Novartis AG.
The Poland Neurology Clinical Trials market is projected to grow from $30.3 Mn in 2022 to $48.2 Mn by 2030, registering a CAGR of 5.95% during the forecast period of 2022 - 2030. Poland is situated in Central Europe, with a population of 37.9 million people, and is the European Union's fifth-most populated member state. Poland is one of the major clinical trial markets in CEE, accounting for over 20% of all clinical studies conducted. According to the most recent WHO statistics, Alzheimer's and Dementia fatalities in Poland reached 3,701 in 2020, accounting for 1.04% of all deaths. In Poland, around 90,000 strokes occur each year, with 85% of them being ischemic.
Clinical trials are an essential element in healthcare research since they are used to evaluate the quality and safety of new drugs, medical equipment, or treatments. Clinical trials are conducted to determine that innovative therapies or drugs are safe, effective, and appropriate for use in patient care. Neurology clinical trials, in particular, focus on treatments for neurological ailments such as Alzheimer's disease, multiple sclerosis, Parkinson's disease, stroke, and others. Poland is a developing nation in clinical trials and has been actively participating in neurology clinical trials. Throughout the last decade, the number of clinical trials undertaken in Poland has steadily increased. While there are obstacles to the expansion of neurology clinical trials in Poland, the nation has a trained workforce, a supportive regulatory environment, and a relatively cheap cost of doing research, all of which are big factors for the field's continued expansion.
Market Growth Drivers
The trained workforce in Poland is one of the key drivers of neurology clinical trials. Poland offers a huge pool of highly skilled medical experts, such as neurologists and clinical researchers, who can perform clinical trials professionally and efficiently. Poland has a well-developed clinical trial regulatory system that is in line with the EU Clinical Trials Regulation and corresponds to worldwide clinical research standards. Moreover, Poland has cheaper expenses by 30% on average than the US, owing to efficiency in patient recruiting and lower wages and fees and has launched various measures to stimulate cooperation between business and academics, which has aided in the expansion of clinical trial operations in the area of neurology.
The small patient population is one of the major impediments to the expansion of neurology clinical trials in Poland. Poland has a smaller population than many other nations, which might restrict the number of people who are eligible for clinical studies. More financing for a clinical study is required in Poland since many hospitals and research organisations have low financial resources. This may lead to a scarcity of competent employees and insufficient infrastructure, limiting the expansion of clinical trials. Other nations in the area that are investing in clinical research, such as the Czech Republic and Hungary, compete with Poland.
Clinical trials might be funded privately or publicly. The product producer frequently funds commercial clinical studies (pharmaceutical company). The Medical Research Agency, formed in 2019, is the governmental entity in charge of supporting non-commercial clinical studies, such as those done by scientific organisations, universities, and so on. Before a medicine or device study may begin in Poland, the Regulatory Agency/Competent Authority (RA) and the Ethics Committee (EC) must both approve it.
1. Report Description of the Poland Neurology Clinical Trials Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Poland Neurology Clinical Trials Market Executive Summary
2.1 Poland Neurology Clinical Trials Market –Industry Snapshot & key buying criteria, 2022-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Poland Neurology Clinical Trials Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Poland Neurology Clinical Trials Market Segmentation
4.1 By Phase
4.1.1 Phase I
4.1.2 Phase II
4.1.3 Phase III
4.1.4 Phase IV
4.2 By Study Design Outlook
4.2.2 Parkinson's Disease (PD)
4.2.3 Huntington's Disease
4.2.5 Traumatic Brain Injury (TBI)
4.2.6 Amyotrophic Lateral Sclerosis (ALS)
4.2.7 Muscle regeneration
4.3 By Indication Outlook
4.3.3 Expanded Access
5. Poland Neurology Clinical Trials Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Poland
8.2 Regulatory Framework in Poland
8.3 Pricing & Reimbursement Scenario in Poland Neurology Clinical Trials Market
9. Factors Driving Future Growth
9.1 New Trends and Development Poland Neurology Clinical Trials Market
9.2 Future Opportunities
10. Strategic Recommendations
By Phase (Revenue, USD Billion):
By Study Design Outlook (Revenue, USD Billion):
By Indication Outlook (Revenue, USD Billion):
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