Global CROs Services Market Insights, Forecast to 2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global CROs Services Market Insights, Forecast to 2034
Contract research organization (CRO) provide clinical trial and other research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
Market Analysis and InsightsGlobal CROs Services Market
Global CROs Services market is expected to reach to US$ 82840 million in 2024, with a positive growth of %, compared with US$ 76000 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, CROs Services industry is evaluated to reach US$ 143900 million in 2029. The CAGR will be 9.6% during 2024 to 2029.
The contract research organizations (CRO) services market is experiencing significant growth due to various factors. Factors such as increasing outsourcing of clinical trials by pharmaceutical and biotechnology companies, rising demand for specialized services, and the need for cost-effective drug development are driving market expansion. CROs offer a wide range of services, including clinical trial management, data management, regulatory affairs, and pharmacovigilance, providing expertise and operational support to clients. Additionally, advancements in technology and the growing complexity of clinical research further contribute to market growth. Moreover, the global expansion of clinical trials and the rising focus on personalized medicine fuel the demand for CRO services. However, factors such as stringent regulatory requirements and challenges in data quality management may pose hurdles to market growth.
Report Covers
This report presents an overview of global CROs Services market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global CROs Services market with multiple angles. Items like regional revenue from 2018 to 2029 and companies’ revenue and gross margin from 2018 to 2024 are analyzed. In addition, revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Companies, Type, Application and Regions Listed in the Report
IQVIA
Labcorp
Syneos Health
PPD
ICON
PRA
Parexel
Medpace
Wuxi Apptec
EPS International
Worldwide Clinical Trials
CMIC
Premier Research
Courante Oncology
PROMETRIKA
Charles River Laboratories International Inc (CRL)
Hangzhou Tigermed
Clinipace
PSI CRO
Pierrel Research
Segment by Type
Full-Service CRO
Functional Service Provision CRO
Pre-clinical
Clinical I-Ⅲ
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue analysis from 2018 to 2029
Chapter 3Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4Product revenue analysis by type from 2018 to 2029 globally
Chapter 5Product revenue analysis by application from 2018 to 2029 globally
Chapter 6Product revenue analysis by type and application from 2018 to 2029 in US & Canada. Product revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product revenue analysis by type and application from 2018 to 2029 in Europe. Product revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product revenue analysis by type and application from 2018 to 2029 in China. Product revenue analysis of China from 2018 to 2029
Chapter 9Product revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Companies’ outline, covering company’s basic information, major business, CROs Services introduction, etc. CROs Services Revenue and Gross Margin of each company from 2018 to 2024
Chapter 12Mr Accuracy reports’s Conclusions of CROs Services
Chapter 13Methodology and Data Sources adopted by Mr Accuracy reports
Market Analysis and InsightsGlobal CROs Services Market
Global CROs Services market is expected to reach to US$ 82840 million in 2024, with a positive growth of %, compared with US$ 76000 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, CROs Services industry is evaluated to reach US$ 143900 million in 2029. The CAGR will be 9.6% during 2024 to 2029.
The contract research organizations (CRO) services market is experiencing significant growth due to various factors. Factors such as increasing outsourcing of clinical trials by pharmaceutical and biotechnology companies, rising demand for specialized services, and the need for cost-effective drug development are driving market expansion. CROs offer a wide range of services, including clinical trial management, data management, regulatory affairs, and pharmacovigilance, providing expertise and operational support to clients. Additionally, advancements in technology and the growing complexity of clinical research further contribute to market growth. Moreover, the global expansion of clinical trials and the rising focus on personalized medicine fuel the demand for CRO services. However, factors such as stringent regulatory requirements and challenges in data quality management may pose hurdles to market growth.
Report Covers
This report presents an overview of global CROs Services market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global CROs Services market with multiple angles. Items like regional revenue from 2018 to 2029 and companies’ revenue and gross margin from 2018 to 2024 are analyzed. In addition, revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Companies, Type, Application and Regions Listed in the Report
By Company
IQVIA
Labcorp
Syneos Health
PPD
ICON
PRA
Parexel
Medpace
Wuxi Apptec
EPS International
Worldwide Clinical Trials
CMIC
Premier Research
Courante Oncology
PROMETRIKA
Charles River Laboratories International Inc (CRL)
Hangzhou Tigermed
Clinipace
PSI CRO
Pierrel Research
Segment by Type
Full-Service CRO
Functional Service Provision CRO
Segment by Application
Pre-clinical
Clinical I-Ⅲ
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue analysis from 2018 to 2029
Chapter 3Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4Product revenue analysis by type from 2018 to 2029 globally
Chapter 5Product revenue analysis by application from 2018 to 2029 globally
Chapter 6Product revenue analysis by type and application from 2018 to 2029 in US & Canada. Product revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product revenue analysis by type and application from 2018 to 2029 in Europe. Product revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product revenue analysis by type and application from 2018 to 2029 in China. Product revenue analysis of China from 2018 to 2029
Chapter 9Product revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Companies’ outline, covering company’s basic information, major business, CROs Services introduction, etc. CROs Services Revenue and Gross Margin of each company from 2018 to 2024
Chapter 12Mr Accuracy reports’s Conclusions of CROs Services
Chapter 13Methodology and Data Sources adopted by Mr Accuracy reports