2023 September Life Sciences Update
The Number of Clinical Trials in a Market can Be an Indicator of Future Space Requirements
› Markets with the greatest number of currently active clinical trials also have large research institutions, including universities and research hospitals. › Additionally, these markets tend to have large population centers from which researchers can attract and select enrollment for trials. › Enrollment of active trials averages approximately 3,000 enrollees per trial, when removing an outsized single trial in Oxford, UK.
Active Clinical Trials Enrollment by Market
Active Trials Enrollment
7
35
6
30
5
25
4
20
Key Takeaway: Clinical trials, as well as enrollment, can impact space requirements of occupiers. Some trials with significantly large enrollments may require additional office space and dry labs.
3
15
2
10
Enrollment (In Millions)
1
5
Number of Active Trials (In Thousands)
0
-
Source: Clinicaltrials.gov
26 / CUSHMAN & WAKEFIELD
LIFE SCIENCES SEPTEMBER 2023
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