Press release
Global Contract Research Organization Services (CROs) Market is Expected to Flourish at a Significant CAGR 4.6% of the Forecast by 2018-2023
Report start from the market overview section which demonstrates the market drivers, restraints and opportunities that influence the current and future status of the market. It also includes key trends, implementation restraints, end-user product issues and many more. These factors are responsible for changing the market scenario. The deep analysis of each segment in the report is provided in order to provide a thorough understanding of the overall scenario in the Contract Research Organization Services (CROs) Market. The report covers the competitor’s strategies that help them to capture the market. The global contract research organization services (CROs) market accounted for USD 34.8 Billion in 2017. Further, the market is expected to reach to a valuation of USD 54.1 Billion by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 7.4% during the forecast period i.e. 2018-2023. Continuous rise in the number of clinical trials and increasing research and development expenditure are key growth drivers of contract research organization services (CROs) market. Emerging markets such as biosimilar and biologics and growing demand for specialized testing services will benefit the growth of the market.
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The global Contract Research Organization Services (CROs) Market has been segmented By Services, By Therapeutic Area, By End User, and geography. By Services, the market is sub-segmented as - Post-Approval Services, Clinical Services, Preclinical Services, Central Lab Services, Others Services. On the basis of the Therapeutic Area, the market is divided – Diabetes, Oncology, Central Nervous System (CNS) Disorders, Cardiovascular Diseases, Respiratory Disorders, Others. On the basis of the End User, the market is divided - Pharmaceutical Companies, Academic Institutes, Others. The report shows an analysis of every area that is directly or indirectly related to this study. The report highlights information that is required to understand the innovation and development in the Contract Research Organization Services (CROs) Market, and the growing nature of each and every segment from time to time. It provides information related to the company’s financial position, day to day expenses, recent innovative development in the product. Also, the report shows the impact of the new plans, policies, and strategies adopted by the company. The Porter's Five Forces is a tool for analyzing the five forces in the economy that are buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition available in the market. It helps to determine the competitive intensity and the attractiveness of an industry in terms of profitability. The political, social, economic, demographical, technological factors have been considered while analyzing the market. It helps the company to determine the demand of the product from a particular region and the constraint that act as a hurdle in the growth of the company.
The report shows the competition level faced in the market by the company and the recent development in the market launched by the rivals. It helps them to analyze the market clearly and help the company to maintain the framework in which they have to work in the growing competition. The main competitors of the industry are Charles River Laboratories, Inc, LabCorp, Quintiles (IQVIA), The Pharmaceutical Product Development, LLC, PAREXEL, PRA Health Sciences, Envigo, Syneos Health, Medpace, Chiltern, Other Major & Niche Players.While analyzing the market every segment of the market is considered concisely from time to time to understand the geographical distribution of the product and the demand from that particular region and the insights responsible for all the factors. By geography the market is divided into North America, The U.S., Canada, Rest of North America, Europe, Germany, The U.K., France, Rest of Europe, Asia Pacific (APAC), China, India, Japan, Australia, Rest of APAC, Middle East & Africa (MEA), GCC, South Africa, Rest of MEA, South America (Brazil &Rest of South America).
The final section of the report highlights the data collected for the report. A perfect combination of the primary, as well as secondary research has been made to collect the facts and figures regarding the product and the market. Secondary research sources are annual reports of the company to understand the financial position of the company, third-party report, customers review towards the product, statistical databases, government publications, company's shareholder's reviews, regulatory database have been considered. Whereas the primary research includes telephonic interviews, e-mail conversations, face-to-face interviews. Primary research is a time-consuming process and they are not considered as reliable as a comparison to the second method. Hence, secondary research is a reliable one and helps to develop the analysis team expert and market understanding.
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Table of Contents:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Contract Research Organization Services (CROs) Market
3. Global Contract Research Organization Services (CROs) Market Trends
4. Opportunities in Global Contract Research Organization Services (CROs) Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Contract Research Organization Services (CROs) Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Contract Research Organization Services (CROs) Market Segmentation Analysis, By Services
9.1. Introduction
9.2. Market Attractiveness, By Services
9.3. BPS Analysis, By Services
9.4. Post-Approval Services Market Size & Forecast (USD Million), 2017-2023
9.5. Clinical Services Market Size & Forecast (USD Million), 2017-2023
9.6. Preclinical Services Market Size & Forecast (USD Million), 2017-2023
9.7. Central Lab Services Market Size & Forecast (USD Million), 2017-2023
9.8. Others Services Market Size & Forecast (USD Million), 2017-2023
10. Global Contract Research Organization Services (CROs) Market Segmentation Analysis, By Therapeutic Area
10.1. Introduction
10.2. Market Attractiveness, By Therapeutic Area
10.3. BPS Analysis, By Therapeutic Area
10.4. Diabetes Market Size & Forecast (USD Million), 2017-2023
10.5. Oncology Market Size & Forecast (USD Million), 2017-2023
10.6. Central Nervous System (CNS) Disorders Market Size & Forecast (USD Million), 2017-2023
10.7. Cardiovascular Diseases Market Size & Forecast (USD Million), 2017-2023
10.8. Respiratory Disorders Market Size & Forecast (USD Million), 2017-2023
10.9. Others Market Size & Forecast (USD Million), 2017-2023
11. Global Contract Research Organization Services (CROs) Market Segmentation Analysis, By End User
11.1. Introduction
11.2. Market Attractiveness, By End User
11.3. BPS Analysis, By End User
11.4. Pharmaceutical Companies Market Size & Forecast (USD Million), 2017-2023
11.5. Academic Institutes Market Size & Forecast (USD Million), 2017-2023
11.6. Others Market Size & Forecast (USD Million), 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Size (USD Million), 2017-2023
12.2.1. By Services
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Services
12.2.1.3. BPS Analysis, By Services
12.2.1.4. Post-Approval Services Market Size & Forecast (USD Million), 2017-2023
12.2.1.5. Clinical Services Market Size & Forecast (USD Million), 2017-2023
12.2.1.6. Preclinical Services Market Size & Forecast (USD Million), 2017-2023
12.2.1.7. Central Lab Services Market Size & Forecast (USD Million), 2017-2023
12.2.1.8. Others Services Market Size & Forecast (USD Million), 2017-2023
12.2.2. By Therapeutic Area
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Therapeutic Area
12.2.2.3. BPS Analysis, By Therapeutic Area
12.2.2.4. Diabetes Market Size & Forecast (USD Million), 2017-2023
12.2.2.5. Oncology Market Size & Forecast (USD Million), 2017-2023
12.2.2.6. Central Nervous System (CNS) Disorders Market Size & Forecast (USD Million), 2017-2023
12.2.2.7. Cardiovascular Diseases Market Size & Forecast (USD Million), 2017-2023
12.2.2.8. Respiratory Disorders Market Size & Forecast (USD Million), 2017-2023
12.2.2.9. Others Market Size & Forecast (USD Million), 2017-2023
12.2.3. By End User
12.2.3.1. Introduction
12.2.3.2. Market Attractiveness, By End User
12.2.3.3. BPS Analysis, By End User
12.2.3.4. Pharmaceutical Companies Market Size & Forecast (USD Million), 2017-2023
12.2.3.5. Academic Institutes Market Size & Forecast (USD Million), 2017-2023
12.2.3.6. Others Market Size & Forecast (USD Million), 2017-2023
12.2.4. By Country
12.2.4.1. Market Attractiveness, By End-user
12.2.4.2. BPS Analysis, By End-User
12.2.4.3. U.S. Market Size (USD Million), 2017-2023
12.2.4.4. Canada Market Size (USD Million), 2017-2023
12.3. Europe Market Size (USD Million), 2017-2023
12.3.1. By Services
12.3.1.1. Introduction
12.3.1.2. Market Attractiveness, By Services
12.3.1.3. BPS Analysis, By Services
12.3.1.4. Post-Approval Services Market Size & Forecast (USD Million), 2017-2023
12.3.1.5. Clinical Services Market Size & Forecast (USD Million), 2017-2023
12.3.1.6. Preclinical Services Market Size & Forecast (USD Million), 2017-2023
12.3.1.7. Central Lab Services Market Size & Forecast (USD Million), 2017-2023
12.3.1.8. Others Services Market Size & Forecast (USD Million), 2017-2023
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