Pune, Feb. 04, 2022 (GLOBE NEWSWIRE) -- The Global Contract Research Organization (CRO) Market size is estimated to boost due to rising investments in pharmaceutical research as increasing number of trials and rising new and unknown diseases. Rapid technological developments done by biotech and pharma companies have encouraged them to outsource the research to other organizations that performs research contractually. In 2021, Global Contract Research Organization (CRO) Market stood at market size of USD 63,590 million and with a CAGR of 11.8%, it is expected to reach a valuation of USD 139,050 million. This information is published in an upcoming report, titled “Global Contract Research Organization (CRO) Market, 2022-2028”.
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
- Labcorp
- IQVIA
- Syneos Health
- Parexel
- PRA
- PPD
- CRL
- ICON
- Wuxi Apptec
- Medpace Holdings
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Contract research organizations (CRO) are the companies that offers services based on research to many industries such as pharmaceutical, medical device industries, biotechnology, and government organizations. Services such as devices & drug research CMS, pre-clinical research, pre-discovery, laboratory services, clinical trials, and post-marketing surveillance.
The pandemic of COVID-19 led to research by biopharmaceuticals and pharmaceuticals companies done by to counter the virus. Many pharma companies teamed up with CRO organizations for research and development leading to Global Contract Research Organization (CRO) Market growth.
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Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
- Preclinical CRO
- Clinical Trial CRO
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
- Pharmaceutical
- Biotechnology
- Medical Device
- Others
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Detailed TOC of Global Contract Research Organization (CRO) Market:
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Contract Research Organization (CRO) Market Size 2017-2028
2.1.2 Contract Research Organization (CRO) Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Contract Research Organization (CRO) Segment by Type
2.2.1 Preclinical CRO
2.2.2 Clinical Trial CRO
2.3 Contract Research Organization (CRO) Market Size by Type
2.3.1 Contract Research Organization (CRO) Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Contract Research Organization (CRO) Market Size Market Share by Type (2017-2022)
2.4 Contract Research Organization (CRO) Segment by Application
2.4.1 Pharmaceutical
2.4.2 Biotechnology
2.4.3 Medical Device
2.4.4 Others
2.5 Contract Research Organization (CRO) Market Size by Application
2.5.1 Contract Research Organization (CRO) Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Contract Research Organization (CRO) Market Size Market Share by Application (2017-2022)
3 Contract Research Organization (CRO) Market Size by Player
3.1 Contract Research Organization (CRO) Market Size Market Share by Players
3.1.1 Global Contract Research Organization (CRO) Revenue by Players (2020-2022)
3.1.2 Global Contract Research Organization (CRO) Revenue Market Share by Players (2020-2022)
3.2 Global Contract Research Organization (CRO) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Contract Research Organization (CRO) by Regions
4.1 Contract Research Organization (CRO) Market Size by Regions (2017-2022)
4.2 Americas Contract Research Organization (CRO) Market Size Growth (2017-2022)
4.3 APAC Contract Research Organization (CRO) Market Size Growth (2017-2022)
4.4 Europe Contract Research Organization (CRO) Market Size Growth (2017-2022)
4.5 Middle East & Africa Contract Research Organization (CRO) Market Size Growth (2017-2022)
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