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CROClinical Trials Market Size, Share 2022
A CRO (Contract Research Organization) is a company that provides clinical trial management services for the pharmaceutical, biotech, and medical device industries.
Although there are different types of CROs and diverse levels of specialization (distinct therapeutic areas for instance), typical CRO services include regulatory affairs, site selection and activation, recruitment support, clinical monitoring, data management, trial logistics, pharmacovigilance, biostatistics, medical writing, and project management, among others.
In a clinical trial, CROs are hired by sponsors to perform a set of tasks, taking various technical and administrative responsibilities on the sponsor?s behalf. The main role of the CRO is to plan, coordinate, execute, and supervise the processes involved in the development of a clinical trial, being a central contact point between the sponsor and other trial actors (e.g. ethics committees, regulatory agencies, vendors, and hospitals).
This report contains market size and forecasts of CRO in Clinical Trials in Global, including the following market information:
- Global CRO in Clinical Trials Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global CRO in Clinical Trials market was valued at 44220 million in 2021 and is projected to reach US$ 81210 million by 2028, at a CAGR of 9.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Phase I Trial Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CRO in Clinical Trials include Labcorp, IQVIA, Parexel, Syneos Health, PRA Health Sciences, PPD, ICON, MedPace and Wuxi AppTec. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the CRO in Clinical Trials 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 CRO in Clinical Trials Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global CRO in Clinical Trials Market Segment Percentages, by Type, 2021 (%)
- Phase I Trial
- Phase II Trial
- Phase III Trial
- Phase IV Trial
Global CRO in Clinical Trials Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global CRO in Clinical Trials Market Segment Percentages, by Application, 2021 (%)
- Pharmaceutical
- Bio-pharm
- Others
Global CRO in Clinical Trials Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global CRO in Clinical Trials Market Segment Percentages, By Region and Country, 2021 (%)
- 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 CRO in Clinical Trials revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies CRO in Clinical Trials revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Labcorp
- IQVIA
- Parexel
- Syneos Health
- PRA Health Sciences
- PPD
- ICON
- MedPace
- Wuxi AppTec
| Report Attributes |
Report Details |
| Report Title |
CRO in Clinical Trials Market, Global Outlook and Forecast 2022-2028 |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2021 |
| Forecast Year |
2029 |
| Number of Pages |
69 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 CRO in Clinical Trials Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global CRO in Clinical Trials Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global CRO in Clinical Trials Overall Market Size
2.1 Global CRO in Clinical Trials Market Size: 2021 VS 2028
2.2 Global CRO in Clinical Trials Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top CRO in Clinical Trials Players in Global Market
3.2 Top Global CRO in Clinical Trials Companies Ranked by Revenue
3.3 Global CRO in Clinical Trials Revenue by Companies
3.4 Top 3 and Top 5 CRO in Clinical Trials Companies in Global Market, by Revenue in 2021
3.5 Global Companies CRO in Clinical Trials Product Type
3.6 Tier 1, Tier 2 and Tier 3 CRO in Clinical Trials Players in Global Market
3.6.1 List of Global Tier 1 CRO in Clinical Trials Companies
3.6.2 List of Global Tier 2 and Tier 3 CRO in Clinical Trials Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global CRO in Clinical Trials Market Size Markets, 2021 & 2028
4.1.2 Phase I Trial
4.1.3 Phase II Trial
4.1.4 Phase III Trial
4.1.5 Phase IV Trial
4.2 By Type - Global CRO in Clinical Trials Revenue & Forecasts
4.2.1 By Type - Global CRO in Clinical Trials Revenue, 2017-2022
4.2.2 By Type - Global CRO in Clinical Trials Revenue, 2023-2028
4.2.3 By Type - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global CRO in Clinical Trials Market Size, 2021 & 2028
5.1.2 Pharmaceutical
5.1.3 Bio-pharm
5.1.4 Others
5.2 By Application - Global CRO in Clinical Trials Revenue & Forecasts
5.2.1 By Application - Global CRO in Clinical Trials Revenue, 2017-2022
5.2.2 By Application - Global CRO in Clinical Trials Revenue, 2023-2028
5.2.3 By Application - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global CRO in Clinical Trials Market Size, 2021 & 2028
6.2 By Region - Global CRO in Clinical Trials Revenue & Forecasts
6.2.1 By Region - Global CRO in Clinical Trials Revenue, 2017-2022
6.2.2 By Region - Global CRO in Clinical Trials Revenue, 2023-2028
6.2.3 By Region - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America CRO in Clinical Trials Revenue, 2017-2028
6.3.2 US CRO in Clinical Trials Market Size, 2017-2028
6.3.3 Canada CRO in Clinical Trials Market Size, 2017-2028
6.3.4 Mexico CRO in Clinical Trials Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe CRO in Clinical Trials Revenue, 2017-2028
6.4.2 Germany CRO in Clinical Trials Market Size, 2017-2028
6.4.3 France CRO in Clinical Trials Market Size, 2017-2028
6.4.4 U.K. CRO in Clinical Trials Market Size, 2017-2028
6.4.5 Italy CRO in Clinical Trials Market Size, 2017-2028
6.4.6 Russia CRO in Clinical Trials Market Size, 2017-2028
6.4.7 Nordic Countries CRO in Clinical Trials Market Size, 2017-2028
6.4.8 Benelux CRO in Clinical Trials Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia CRO in Clinical Trials Revenue, 2017-2028
6.5.2 China CRO in Clinical Trials Market Size, 2017-2028
6.5.3 Japan CRO in Clinical Trials Market Size, 2017-2028
6.5.4 South Korea CRO in Clinical Trials Market Size, 2017-2028
6.5.5 Southeast Asia CRO in Clinical Trials Market Size, 2017-2028
6.5.6 India CRO in Clinical Trials Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America CRO in Clinical Trials Revenue, 2017-2028
6.6.2 Brazil CRO in Clinical Trials Market Size, 2017-2028
6.6.3 Argentina CRO in Clinical Trials Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa CRO in Clinical Trials Revenue, 2017-2028
6.7.2 Turkey CRO in Clinical Trials Market Size, 2017-2028
6.7.3 Israel CRO in Clinical Trials Market Size, 2017-2028
6.7.4 Saudi Arabia CRO in Clinical Trials Market Size, 2017-2028
6.7.5 UAE CRO in Clinical Trials Market Size, 2017-2028
7 Players Profiles
7.1 Labcorp
7.1.1 Labcorp Corporate Summary
7.1.2 Labcorp Business Overview
7.1.3 Labcorp CRO in Clinical Trials Major Product Offerings
7.1.4 Labcorp CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.1.5 Labcorp Key News
7.2 IQVIA
7.2.1 IQVIA Corporate Summary
7.2.2 IQVIA Business Overview
7.2.3 IQVIA CRO in Clinical Trials Major Product Offerings
7.2.4 IQVIA CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.2.5 IQVIA Key News
7.3 Parexel
7.3.1 Parexel Corporate Summary
7.3.2 Parexel Business Overview
7.3.3 Parexel CRO in Clinical Trials Major Product Offerings
7.3.4 Parexel CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.3.5 Parexel Key News
7.4 Syneos Health
7.4.1 Syneos Health Corporate Summary
7.4.2 Syneos Health Business Overview
7.4.3 Syneos Health CRO in Clinical Trials Major Product Offerings
7.4.4 Syneos Health CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.4.5 Syneos Health Key News
7.5 PRA Health Sciences
7.5.1 PRA Health Sciences Corporate Summary
7.5.2 PRA Health Sciences Business Overview
7.5.3 PRA Health Sciences CRO in Clinical Trials Major Product Offerings
7.5.4 PRA Health Sciences CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.5.5 PRA Health Sciences Key News
7.6 PPD
7.6.1 PPD Corporate Summary
7.6.2 PPD Business Overview
7.6.3 PPD CRO in Clinical Trials Major Product Offerings
7.6.4 PPD CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.6.5 PPD Key News
7.7 ICON
7.7.1 ICON Corporate Summary
7.7.2 ICON Business Overview
7.7.3 ICON CRO in Clinical Trials Major Product Offerings
7.7.4 ICON CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.7.5 ICON Key News
7.8 MedPace
7.8.1 MedPace Corporate Summary
7.8.2 MedPace Business Overview
7.8.3 MedPace CRO in Clinical Trials Major Product Offerings
7.8.4 MedPace CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.8.5 MedPace Key News
7.9 Wuxi AppTec
7.9.1 Wuxi AppTec Corporate Summary
7.9.2 Wuxi AppTec Business Overview
7.9.3 Wuxi AppTec CRO in Clinical Trials Major Product Offerings
7.9.4 Wuxi AppTec CRO in Clinical Trials Revenue in Global Market (2017-2022)
7.9.5 Wuxi AppTec Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. CRO in Clinical Trials Market Opportunities & Trends in Global Market
Table 2. CRO in Clinical Trials Market Drivers in Global Market
Table 3. CRO in Clinical Trials Market Restraints in Global Market
Table 4. Key Players of CRO in Clinical Trials in Global Market
Table 5. Top CRO in Clinical Trials Players in Global Market, Ranking by Revenue (2021)
Table 6. Global CRO in Clinical Trials Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global CRO in Clinical Trials Revenue Share by Companies, 2017-2022
Table 8. Global Companies CRO in Clinical Trials Product Type
Table 9. List of Global Tier 1 CRO in Clinical Trials Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 CRO in Clinical Trials Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type ? Global CRO in Clinical Trials Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - CRO in Clinical Trials Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - CRO in Clinical Trials Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application ? Global CRO in Clinical Trials Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - CRO in Clinical Trials Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - CRO in Clinical Trials Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region ? Global CRO in Clinical Trials Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global CRO in Clinical Trials Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global CRO in Clinical Trials Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America CRO in Clinical Trials Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America CRO in Clinical Trials Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe CRO in Clinical Trials Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe CRO in Clinical Trials Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia CRO in Clinical Trials Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia CRO in Clinical Trials Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America CRO in Clinical Trials Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America CRO in Clinical Trials Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa CRO in Clinical Trials Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa CRO in Clinical Trials Revenue, (US$, Mn), 2023-2028
Table 30. Labcorp Corporate Summary
Table 31. Labcorp CRO in Clinical Trials Product Offerings
Table 32. Labcorp CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 33. IQVIA Corporate Summary
Table 34. IQVIA CRO in Clinical Trials Product Offerings
Table 35. IQVIA CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 36. Parexel Corporate Summary
Table 37. Parexel CRO in Clinical Trials Product Offerings
Table 38. Parexel CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 39. Syneos Health Corporate Summary
Table 40. Syneos Health CRO in Clinical Trials Product Offerings
Table 41. Syneos Health CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 42. PRA Health Sciences Corporate Summary
Table 43. PRA Health Sciences CRO in Clinical Trials Product Offerings
Table 44. PRA Health Sciences CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 45. PPD Corporate Summary
Table 46. PPD CRO in Clinical Trials Product Offerings
Table 47. PPD CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 48. ICON Corporate Summary
Table 49. ICON CRO in Clinical Trials Product Offerings
Table 50. ICON CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 51. MedPace Corporate Summary
Table 52. MedPace CRO in Clinical Trials Product Offerings
Table 53. MedPace CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
Table 54. Wuxi AppTec Corporate Summary
Table 55. Wuxi AppTec CRO in Clinical Trials Product Offerings
Table 56. Wuxi AppTec CRO in Clinical Trials Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. CRO in Clinical Trials Segment by Type in 2021
Figure 2. CRO in Clinical Trials Segment by Application in 2021
Figure 3. Global CRO in Clinical Trials Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global CRO in Clinical Trials Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global CRO in Clinical Trials Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by CRO in Clinical Trials Revenue in 2021
Figure 8. By Type - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 9. By Application - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 10. By Region - Global CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 11. By Country - North America CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 12. US CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 13. Canada CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 16. Germany CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 17. France CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 19. Italy CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 20. Russia CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 24. China CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 25. Japan CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 28. India CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 30. Brazil CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa CRO in Clinical Trials Revenue Market Share, 2017-2028
Figure 33. Turkey CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 34. Israel CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 36. UAE CRO in Clinical Trials Revenue, (US$, Mn), 2017-2028
Figure 37. Labcorp CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. IQVIA CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Parexel CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Syneos Health CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. PRA Health Sciences CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. PPD CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. ICON CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. MedPace CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Wuxi AppTec CRO in Clinical Trials Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
