Contract Research Organization Market Trends, Strategies, Market Size, split by Region and Forecast Growth to 2025 – IQVIA, Syneos, PRA Health, Charles, ICON, Medpace

This Report Provides an In-depth Insight of CROs Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.

The CROs market is estimated to account for US$ 68,198.3 6 Mn by the end of 2025, escalating at a CAGR of 8.6% during the forecast period from 2018 to 2025, rising from US$ 35,818.9 Mn in 2017. The rise in the number of R&D expenditures and outsourcing activities and increasing number of clinical trials are expected to fuel the growth of global CROs market. According to a report of Pharmaceutical Research and Manufacturers of America (PhRMA), the R&D expenditure of the biopharmaceutical companies has increased from US$49.6 billion 2012 to US$ 58.8 billion in 2015.

In the CROs market, the laboratory services segment is expected to the fastest growing segment in the forecast period, by type. The laboratory services rigorously collects, combines and reports trials data from different clinical sites. These laboratories are associated in conducting both analytical and bio-analytical tests for the samples in clinical trial phases and bulk manufacturing procedures. The analytical tests for clinical trial samples includes primary end point tests, safety testing, as well as secondary end point testing. The main goal of central laboratory is the consolidation of test results and data originating from different clinical trials.

Some of the Top Key Players are-

  1. IQVIA,2. PAREXEL International Corporation,3. Syneos Health,4. Laboratory Corporation of America Holdings,5. PRA Health Sciences, Inc.,6. Charles River,7. ICON plc,8. Pharmaceutical Product Development, LLC.,9. WuXi AppTec,10. Medpace

Get Sample Copy at: https://www.premiummarketinsights.com/sample/TIP00003784                                                   

Pharmaceutical & biotechnology companies held the largest share of the CROs market, by type. The CROs are specialized in conducting research in comparison to pharmaceutical companies that are indulged more in other revenue generation activities such as production, sales and marketing of the drugs or medicinal products. Thus, the CROs bring value to the pharmaceutical and biotechnology companies by saving huge infrastructure and R&D facilities costs, as well as reduce the time period required to conduct a clinical trial. Moreover, the emerging pharmaceutical companies that do not have sufficient knowledge regarding regulatory affairs in the industry, helps them to establish a legal presence in the economy as well as industry through various services provided by CROs. Thus, the increasing number of pharmaceutical and biotechnology companies, unavailability of skilled professionals and rising demand for new therapeutics to treat various medical conditions are expected to drive the growth of this segment in CROs market, over the forecast years.

The CROs market was estimated through extensive primary and secondary sources that included a vast array of government authorized websites such as World Health Organization (WHO), Centers for Disease Control & Prevention (CDC), Food & Drug Administration (FDA), United Nations (UN), International Diabetes Federation (IDF), National Institute of Health (NIH) and others. The primary respondents included chair-holders and representatives of the demand and supply side for healthcare industries as well as medical professionals at various biopharmaceutical companies and research centers.

Ask for Discount at: https://www.premiummarketinsights.com/discount/TIP00003784

Table of Contents:

  1. Report Introduction
  2. GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET - KEY TAKEAWAYS 25
  3. GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET - MARKET LANDSCAPE 28
  4. GLOBAL CRO'S MARKET - KEY MARKET DYNAMICS 41
  5. CONTRACT RESEARCH ORGANIZATION (CRO) MARKET - GLOBAL ANALYSIS 47
  6. CONTRACT RESEARCH ORGANIZATION (CRO) MARKET ANALYSIS- BY TYPE 51
  7. GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET ANALYSIS- BY END USER 59
  8. NORTH AMERICA MARKET REVENUE AND FORECASTS TO 2025 62
  9. EUROPE CONTRACT RESEARCH ORGANIZATION (CRO) MARKET REVENUE AND FORECASTS TO 2025 72
  10. ASIA-PACIFIC CONTRACT RESEARCH ORGANIZATION (CRO) MARKET REVENUE AND FORECASTS TO 2025 82
  11. MIDDLE EAST & AFRICA CONTRACT RESEARCH ORGANIZATION (CRO) MARKET REVENUE AND FORECASTS TO 2025 94
  12. SOUTH AND CENTRAL AMERICA CONTRACT RESEARCH ORGANIZATION (CRO) MARKET REVENUE AND FORECASTS TO 2025 104
  13. CONTRACT RESEARCH ORGANIZATION (CRO) MARKET -INDUSTRY LANDSCAPE 111
  14. CONTRACT RESEARCH ORGANIZATION (CRO) MARKET - KEY COMPANY PROFILES 122
  15. APPENDIX 162

Get Complete Report at:https://www.premiummarketinsights.com/buy/TIP00003784 

Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

 

About Premium Market Insights:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

Posted by on Friday July 19 2019, 7:30 AM EST. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Featured Press Release, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Log in