Press release
Global Contract Research Organization (CRO) Market Developments and Innovations 2018
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.
CROs provide drug development services, regulatory and scientific support, and infrastructure and staffing support to provide their clients with the flexibility to supplement their in-house capabilities or to provide a fully outsourced solution. The CRO industry has grown from providing limited clinical trial services in the 1970s to a full service industry characterized by broad relationships with clients and by service offerings that encompass the entire drug development process. Today, CROs provide a comprehensive range of clinical services, including protocol design and management and monitoring of Phase I through Phase IV clinical trials, data management, laboratory testing, medical and safety reviews and statistical analysis. In addition, CROs provide services that generate high quality and timely data in support of applications for regulatory approval of new drugs or reformulations of existing drugs as well as new and existing marketing claims. CROs leverage selected information technologies and procedures to efficiently capture, manage and analyze the large streams of data generated during a clinical trial.
There are major two classification of contract research organization (CRO) in this report, preclinical CRO and clinical trial CRO. Globally, the revenue share of each type of CRO is 19.95%and 80.05% in 2015.
At present, the world's large service suppliers are mainly concentrated in USA. The top three service suppliers are Quintiles, LabCorp (Covance), PPD, respectively with global revenue market share as 20.06%, 9.72% and 19.19% in 2015.
In 2017, the global Contract Research Organization (CRO) market size was 34500 million US$ and it is expected to reach 63300 million US$ by the end of 2025, with a CAGR of 7.9% during 2018-2025.
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The third section of the report comprises the segmentation of the global Contract Research Organization (CRO) market based on key criteria. The report also studies the market from global and regional point of view. The report analyses the market’s performance in North America, South America, Latin America, Asia Pacific, Europe, and the Rest of the World. It also reveals the leading regional segment and the fastest growing regional market. The region to witness sluggish growth in the Contract Research Organization (CRO) market is also revealed. This information helps potential investors to invest their money in a segment that is most likely to show promising growth in the years to come or a region that is currently leading.
This report focuses on the global top players, covered
Quintiles
LabCorp (Covance)
PPD
Parexel
ICON
PRA
inVentiv
INC
CRL
Wuxi AppTec
Market segment by Type, the product can be split into
Preclinical CRO
Clinical Trial CRO
Market segment by Application, split into
Pharmaceutical Industry
Biotechnology
Medical Device Industry
Browse Complete Report with TOC @ https://www.qyresearchreports.com/report/global-contract-research-organization-cro-market-sizestatus-and-forecast-2025.htm/toc
Table of Contents
Global Contract Research Organization (CRO) Market Size, Status and Forecast 2025
1 Industry Overview of Contract Research Organization (CRO)
1.1 Contract Research Organization (CRO) Market Overview
1.1.1 Contract Research Organization (CRO) Product Scope
1.1.2 Market Status and Outlook
2 Global Contract Research Organization (CRO) Competition Analysis by Players
2.1 Contract Research Organization (CRO) Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Quintiles
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Contract Research Organization (CRO) Revenue (Million USD) (2013-2018)
3.2 LabCorp (Covance)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
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