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CROs Services Market Size, Share 2023
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.
| Report Attributes |
Report Details |
| Report Title |
CROs Services Market, Global Outlook and Forecast 2023-2029 |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2022 |
| Forecast Year |
2030 |
| Number of Pages |
66 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 CROs Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global CROs Services 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 CROs Services Overall Market Size
2.1 Global CROs Services Market Size: 2022 VS 2029
2.2 Global CROs Services Market Size, Prospects & Forecasts: 2018-2029
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 CROs Services Players in Global Market
3.2 Top Global CROs Services Companies Ranked by Revenue
3.3 Global CROs Services Revenue by Companies
3.4 Top 3 and Top 5 CROs Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies CROs Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 CROs Services Players in Global Market
3.6.1 List of Global Tier 1 CROs Services Companies
3.6.2 List of Global Tier 2 and Tier 3 CROs Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global CROs Services Market Size Markets, 2022 & 2029
4.1.2 Clinical-study
4.1.3 Clinical-trial
4.2 By Type - Global CROs Services Revenue & Forecasts
4.2.1 By Type - Global CROs Services Revenue, 2018-2023
4.2.2 By Type - Global CROs Services Revenue, 2024-2029
4.2.3 By Type - Global CROs Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global CROs Services Market Size, 2022 & 2029
5.1.2 Large Company
5.1.3 Small Company
5.2 By Application - Global CROs Services Revenue & Forecasts
5.2.1 By Application - Global CROs Services Revenue, 2018-2023
5.2.2 By Application - Global CROs Services Revenue, 2024-2029
5.2.3 By Application - Global CROs Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global CROs Services Market Size, 2022 & 2029
6.2 By Region - Global CROs Services Revenue & Forecasts
6.2.1 By Region - Global CROs Services Revenue, 2018-2023
6.2.2 By Region - Global CROs Services Revenue, 2024-2029
6.2.3 By Region - Global CROs Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America CROs Services Revenue, 2018-2029
6.3.2 US CROs Services Market Size, 2018-2029
6.3.3 Canada CROs Services Market Size, 2018-2029
6.3.4 Mexico CROs Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe CROs Services Revenue, 2018-2029
6.4.2 Germany CROs Services Market Size, 2018-2029
6.4.3 France CROs Services Market Size, 2018-2029
6.4.4 U.K. CROs Services Market Size, 2018-2029
6.4.5 Italy CROs Services Market Size, 2018-2029
6.4.6 Russia CROs Services Market Size, 2018-2029
6.4.7 Nordic Countries CROs Services Market Size, 2018-2029
6.4.8 Benelux CROs Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia CROs Services Revenue, 2018-2029
6.5.2 China CROs Services Market Size, 2018-2029
6.5.3 Japan CROs Services Market Size, 2018-2029
6.5.4 South Korea CROs Services Market Size, 2018-2029
6.5.5 Southeast Asia CROs Services Market Size, 2018-2029
6.5.6 India CROs Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America CROs Services Revenue, 2018-2029
6.6.2 Brazil CROs Services Market Size, 2018-2029
6.6.3 Argentina CROs Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa CROs Services Revenue, 2018-2029
6.7.2 Turkey CROs Services Market Size, 2018-2029
6.7.3 Israel CROs Services Market Size, 2018-2029
6.7.4 Saudi Arabia CROs Services Market Size, 2018-2029
6.7.5 UAE CROs Services Market Size, 2018-2029
7 CROs Services Companies Profiles
7.1 Laboratory Corporation of America Holdings (Covance)
7.1.1 Laboratory Corporation of America Holdings (Covance) Company Summary
7.1.2 Laboratory Corporation of America Holdings (Covance) Business Overview
7.1.3 Laboratory Corporation of America Holdings (Covance) CROs Services Major Product Offerings
7.1.4 Laboratory Corporation of America Holdings (Covance) CROs Services Revenue in Global Market (2018-2023)
7.1.5 Laboratory Corporation of America Holdings (Covance) Key News & Latest Developments
7.2 IQVIA
7.2.1 IQVIA Company Summary
7.2.2 IQVIA Business Overview
7.2.3 IQVIA CROs Services Major Product Offerings
7.2.4 IQVIA CROs Services Revenue in Global Market (2018-2023)
7.2.5 IQVIA Key News & Latest Developments
7.3 Syneos Health
7.3.1 Syneos Health Company Summary
7.3.2 Syneos Health Business Overview
7.3.3 Syneos Health CROs Services Major Product Offerings
7.3.4 Syneos Health CROs Services Revenue in Global Market (2018-2023)
7.3.5 Syneos Health Key News & Latest Developments
7.4 Paraxel International Corporation
7.4.1 Paraxel International Corporation Company Summary
7.4.2 Paraxel International Corporation Business Overview
7.4.3 Paraxel International Corporation CROs Services Major Product Offerings
7.4.4 Paraxel International Corporation CROs Services Revenue in Global Market (2018-2023)
7.4.5 Paraxel International Corporation Key News & Latest Developments
7.5 PRA Health Sciences
7.5.1 PRA Health Sciences Company Summary
7.5.2 PRA Health Sciences Business Overview
7.5.3 PRA Health Sciences CROs Services Major Product Offerings
7.5.4 PRA Health Sciences CROs Services Revenue in Global Market (2018-2023)
7.5.5 PRA Health Sciences Key News & Latest Developments
7.6 Pharmaceutical Product Development (PPD)
7.6.1 Pharmaceutical Product Development (PPD) Company Summary
7.6.2 Pharmaceutical Product Development (PPD) Business Overview
7.6.3 Pharmaceutical Product Development (PPD) CROs Services Major Product Offerings
7.6.4 Pharmaceutical Product Development (PPD) CROs Services Revenue in Global Market (2018-2023)
7.6.5 Pharmaceutical Product Development (PPD) Key News & Latest Developments
7.7 Charles River Laboratories International Inc (CRL)
7.7.1 Charles River Laboratories International Inc (CRL) Company Summary
7.7.2 Charles River Laboratories International Inc (CRL) Business Overview
7.7.3 Charles River Laboratories International Inc (CRL) CROs Services Major Product Offerings
7.7.4 Charles River Laboratories International Inc (CRL) CROs Services Revenue in Global Market (2018-2023)
7.7.5 Charles River Laboratories International Inc (CRL) Key News & Latest Developments
7.8 ICON Public Limited Corporation
7.8.1 ICON Public Limited Corporation Company Summary
7.8.2 ICON Public Limited Corporation Business Overview
7.8.3 ICON Public Limited Corporation CROs Services Major Product Offerings
7.8.4 ICON Public Limited Corporation CROs Services Revenue in Global Market (2018-2023)
7.8.5 ICON Public Limited Corporation Key News & Latest Developments
7.9 Wuxi Apptec
7.9.1 Wuxi Apptec Company Summary
7.9.2 Wuxi Apptec Business Overview
7.9.3 Wuxi Apptec CROs Services Major Product Offerings
7.9.4 Wuxi Apptec CROs Services Revenue in Global Market (2018-2023)
7.9.5 Wuxi Apptec Key News & Latest Developments
7.10 Medpace Holdings, Inc
7.10.1 Medpace Holdings, Inc Company Summary
7.10.2 Medpace Holdings, Inc Business Overview
7.10.3 Medpace Holdings, Inc CROs Services Major Product Offerings
7.10.4 Medpace Holdings, Inc CROs Services Revenue in Global Market (2018-2023)
7.10.5 Medpace Holdings, Inc Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. CROs Services Market Opportunities & Trends in Global Market
Table 2. CROs Services Market Drivers in Global Market
Table 3. CROs Services Market Restraints in Global Market
Table 4. Key Players of CROs Services in Global Market
Table 5. Top CROs Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global CROs Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global CROs Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies CROs Services Product Type
Table 9. List of Global Tier 1 CROs Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 CROs Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global CROs Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - CROs Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - CROs Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global CROs Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - CROs Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - CROs Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global CROs Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global CROs Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global CROs Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America CROs Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America CROs Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe CROs Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe CROs Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia CROs Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia CROs Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America CROs Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America CROs Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa CROs Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa CROs Services Revenue, (US$, Mn), 2024-2029
Table 30. Laboratory Corporation of America Holdings (Covance) Company Summary
Table 31. Laboratory Corporation of America Holdings (Covance) CROs Services Product Offerings
Table 32. Laboratory Corporation of America Holdings (Covance) CROs Services Revenue (US$, Mn) & (2018-2023)
Table 33. Laboratory Corporation of America Holdings (Covance) Key News & Latest Developments
Table 34. IQVIA Company Summary
Table 35. IQVIA CROs Services Product Offerings
Table 36. IQVIA CROs Services Revenue (US$, Mn) & (2018-2023)
Table 37. IQVIA Key News & Latest Developments
Table 38. Syneos Health Company Summary
Table 39. Syneos Health CROs Services Product Offerings
Table 40. Syneos Health CROs Services Revenue (US$, Mn) & (2018-2023)
Table 41. Syneos Health Key News & Latest Developments
Table 42. Paraxel International Corporation Company Summary
Table 43. Paraxel International Corporation CROs Services Product Offerings
Table 44. Paraxel International Corporation CROs Services Revenue (US$, Mn) & (2018-2023)
Table 45. Paraxel International Corporation Key News & Latest Developments
Table 46. PRA Health Sciences Company Summary
Table 47. PRA Health Sciences CROs Services Product Offerings
Table 48. PRA Health Sciences CROs Services Revenue (US$, Mn) & (2018-2023)
Table 49. PRA Health Sciences Key News & Latest Developments
Table 50. Pharmaceutical Product Development (PPD) Company Summary
Table 51. Pharmaceutical Product Development (PPD) CROs Services Product Offerings
Table 52. Pharmaceutical Product Development (PPD) CROs Services Revenue (US$, Mn) & (2018-2023)
Table 53. Pharmaceutical Product Development (PPD) Key News & Latest Developments
Table 54. Charles River Laboratories International Inc (CRL) Company Summary
Table 55. Charles River Laboratories International Inc (CRL) CROs Services Product Offerings
Table 56. Charles River Laboratories International Inc (CRL) CROs Services Revenue (US$, Mn) & (2018-2023)
Table 57. Charles River Laboratories International Inc (CRL) Key News & Latest Developments
Table 58. ICON Public Limited Corporation Company Summary
Table 59. ICON Public Limited Corporation CROs Services Product Offerings
Table 60. ICON Public Limited Corporation CROs Services Revenue (US$, Mn) & (2018-2023)
Table 61. ICON Public Limited Corporation Key News & Latest Developments
Table 62. Wuxi Apptec Company Summary
Table 63. Wuxi Apptec CROs Services Product Offerings
Table 64. Wuxi Apptec CROs Services Revenue (US$, Mn) & (2018-2023)
Table 65. Wuxi Apptec Key News & Latest Developments
Table 66. Medpace Holdings, Inc Company Summary
Table 67. Medpace Holdings, Inc CROs Services Product Offerings
Table 68. Medpace Holdings, Inc CROs Services Revenue (US$, Mn) & (2018-2023)
Table 69. Medpace Holdings, Inc Key News & Latest Developments
List of Figures
Figure 1. CROs Services Segment by Type in 2022
Figure 2. CROs Services Segment by Application in 2022
Figure 3. Global CROs Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global CROs Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global CROs Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by CROs Services Revenue in 2022
Figure 8. By Type - Global CROs Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global CROs Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global CROs Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global CROs Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global CROs Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global CROs Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global CROs Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America CROs Services Revenue Market Share, 2018-2029
Figure 16. US CROs Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada CROs Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico CROs Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe CROs Services Revenue Market Share, 2018-2029
Figure 20. Germany CROs Services Revenue, (US$, Mn), 2018-2029
Figure 21. France CROs Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. CROs Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy CROs Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia CROs Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries CROs Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux CROs Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia CROs Services Revenue Market Share, 2018-2029
Figure 28. China CROs Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan CROs Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea CROs Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia CROs Services Revenue, (US$, Mn), 2018-2029
Figure 32. India CROs Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America CROs Services Revenue Market Share, 2018-2029
Figure 34. Brazil CROs Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina CROs Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa CROs Services Revenue Market Share, 2018-2029
Figure 37. Turkey CROs Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel CROs Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia CROs Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE CROs Services Revenue, (US$, Mn), 2018-2029
Figure 41. Laboratory Corporation of America Holdings (Covance) CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. IQVIA CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Syneos Health CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Paraxel International Corporation CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. PRA Health Sciences CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Pharmaceutical Product Development (PPD) CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Charles River Laboratories International Inc (CRL) CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. ICON Public Limited Corporation CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Wuxi Apptec CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Medpace Holdings, Inc CROs Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
