Report overview
A?contract research organization?(CRO) is a company that provides support to the?pharmaceutical,?biotechnology, and?medical device?industries in the form of research services?outsourced?on a contract basis. A CRO may provide such services as biopharmaceutical development,?biologic assay?development, commercialization,?preclinical research,?clinical research,?clinical trials?management, and?pharmacovigilance. CROs are designed to reduce costs for companies developing new medicines and drugs in?niche markets. They aim to simplify entry into drug markets, and simplify development, as the need for large pharmaceutical companies to do everything ?in house? is now redundant.
This report aims to provide a comprehensive presentation of the global market for CROs Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CROs Services. This report contains market size and forecasts of CROs Services in global, including the following market information:
Global CROs Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global CROs Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Clinical-study Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of CROs Services include Laboratory Corporation of America Holdings (Covance), IQVIA, Syneos Health, Paraxel International Corporation, PRA Health Sciences, Pharmaceutical Product Development (PPD), Charles River Laboratories International Inc (CRL), ICON Public Limited Corporation and Wuxi Apptec, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the CROs Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CROs Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global CROs Services Market Segment Percentages, by Type, 2022 (%)
Clinical-study
Clinical-trial
Global CROs Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global CROs Services Market Segment Percentages, by Application, 2022 (%)
Large Company
Small Company
Global CROs Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global CROs Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CROs Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies CROs Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Laboratory Corporation of America Holdings (Covance)
IQVIA
Syneos Health
Paraxel International Corporation
PRA Health Sciences
Pharmaceutical Product Development (PPD)
Charles River Laboratories International Inc (CRL)
ICON Public Limited Corporation
Wuxi Apptec
Medpace Holdings, Inc
Outline of Major Chapters:
Chapter 1: Introduces the definition of CROs Services, market overview.
Chapter 2: Global CROs Services market size in revenue.
Chapter 3: Detailed analysis of CROs Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of CROs Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
