openPR Logo
Press release

Specialty CRO's Market - top cro companies 2018: Charles River Laboratories, Profil Abiogenesis Clinpharm, Accell Clinical Research

04-19-2019 12:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Specialty CRO's

Specialty CRO's

According to a report published by the International Federation of Pharmaceutical Manufacturer and Association in 2017, pharmaceutical industry invested around US$ 149.8 billion on research and development annually. The companies are downsizing this cost by outsourcing clinical research activities. There are more than 7,000 compounds in preclinical stage of development, out of which around 56 were launched in 2015 and around 225 new chemical and biological entities were launched between 2011 and 2015.

Request for a sample of this research report @ https://www.coherentmarketinsights.com/insight/request-sample/1627

Moreover, rapid advancement in research of personalized therapy such as CAR-T cell therapies and monoclonal antibody based therapy would boost the demand for specialty CROs market. Currently, many companies are conducting researches on Kymriah and Yescarta, which are CAR-T cell based anticancer therapies that were approved by the U.S. Food and Drug Administration (FDA) in 2017. Rising prevalence of chronic diseases such as cardiovascular disease and cancer is driving the companies to develop effective therapies in the quickest possible time.

According to the World Health Organization (WHO) factsheet in 2017, there were nearly 17.7 million death from CVDs worldwide, which accounts for around 31% of total deaths. Furthermore, increased regulatory requirement for conducting safe clinical research and emphasis by regulatory bodies on post marketing surveillance would aid growth of specialty CROs market. Strategic partnership amongst different players in order to leverage each other’s expertise would further drive the market.

However, rising instances of clinical failure of drugs on entering clinical trial phase is expected to hamper the growth of specialty CROs market. According to the U.S. FDA data, there were more than 25 clinical trials failure cases in the year 2017, most of which were targeted towards cancer treatment. Furthermore, there is risk of intellectual property theft in which crucial data related with drug candidate under investigation is vulnerable to misuse. This is especially case in CROs which are established in developing countries such as India, China.

To get holistic SAMPLE with TOC @ https://www.coherentmarketinsights.com/ongoing-insight/toc/1627

Owing to the fact that pharmaceutical and biotech companies in this region spends significant amount on research and development, in order to bring novel therapies to the market. As per the estimation of Pharmaceutical Research and Manufacturers of America (PhRMA) in 2017, on an average the pharmaceutical industry invested around US$ 0.8 billion to US$ 1.7 billion on research and development. According to the U.S. National Library for Medicine, by January 2018, around 264,099 clinical studies were registered, which included all the healthcare product spectrum. Asia Pacific is expected to provide lucrative opportunities for market growth due to the cost effective services offered to the CROs in this region, large number of skilled human resources, and availability of large patient pool.

Some of key players operating in the specialty CROs market include Charles River Laboratories, Profil Abiogenesis Clinpharm, Accell Clinical Research, Accelovance, Aclires, Acquipharma, Cytespace Africa, DATATRAK International, Afraxis, David H Murdock Research Institute, DaVita Clinical Research, Gateway Pharmacology Laboratories, SAGE Labs, and Velesco Pharmaceutical Services.

Make an inquiry for purchasing this report @ https://www.coherentmarketinsights.com/insight/buy-now/1627

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Specialty CRO's Market - top cro companies 2018: Charles River Laboratories, Profil Abiogenesis Clinpharm, Accell Clinical Research here

News-ID: 1710763 • Views: 222

More Releases from Coherent Market Insights

Ransomware Protection Market Projected to Reach Massive Hike till 2026
The subject matter experts and team of highly-skilled researchers have put in hours of work to collate an authentic research report on the global Ransomware Protection Market. Analysts have studied the various products in the market and offered an unbiased opinion about the factors that likely to drive the market and restrain it. For a detailed study, researchers have used primary and secondary research methodologies. Analysts have also studied the
Network Security Firewall Market Growing With Symsoft, Anam Technologies, Cellus …
In the market research study namely, Global Network Security Firewall Market, 2018 has been considered as the base year and 2018 to 2026 the forecast period to estimate the market size for Keyword. The report gives a comprehensive discussion on the market current flow and patterns, industry development drivers, market share, sales volume, informative diagrams, supply and demand, and numerous different aspects. Featuring global and regional data and over top
Hydrogen Vehicle Market To Grow With Toyota Motor Corporation, Hyundai Motor Com …
The report covers Hydrogen Vehicle Market product demand and supply, revenue, profitability, outcomes, consumer trends, size, major segments and share along with company profiles of the key shareholders performing in the year 2018 to 2026. This report examines and evaluates the global as well as the regional scale of the Hydrogen Vehicle market. This report offers modern trends and opportunities which will help the industry player to grasp market growth.
Chloroform Market Market to Expand Substantially Owing to Technological Innovati …
This Report is a proficient study by Coherent Market Insights the report is an essential reference for those who are looks for detailes information for Chloroform Market. Chloroform Market Reseasch Report is a professional and in-depth study on the current state which focucses on the major drivers and restraints for the key players. Chloroform Industry Reserach Report provides granular analysis of the market Share, Segmentation, revenue forecasts and geographical regions of

All 5 Releases


More Releases for CRO

Global CRO Services Market Size, Status and Forecast
This report studies the global CRO Services market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global CRO Services market by companies, region, type and end-use industry. 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. Get sample copy of the report: www.marketdensity.com/contact?ref=Sample&reportid=75298 Table of Contents: Table of Contents Global
Contract Research Organization (CRO) Services Global Market for 2018-2019
Press Release – 16 Jan 2019 Research and Development News -- . . Latest Update "Global Market for Contract Research Organization (CRO) Services" with Industries Survey | Global Current Growth and Future. ' ' The CRO market continues to exhibit stellar growth, largely attributable to increased demand for services in clinical trials between Phases II and IV, which account for approximately REDACTED of total CROrevenue. All segments, including preclinical and post-approval, continue to grow
Global Contract Research Organization (CRO) Market Developments and Innovations …
Qyresearchreports include new market research report "Global Contract Research Organization (CRO) Market Size,Status and Forecast 2025" to its huge collection of research reports. 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
Global CRO Services Market Size, Status and Forecast 2022
This report studies the global CRO Services market, analyzes and researches the CRO Services development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Sino Biological Inc. HCL Technologies CTMG, Inc. Powered Research, LLC? Blue Sky BioServices Biomapas Integrated Resources Inc ICON Plc Celsion Labs? Sample of this report is available upon request @ http://www.qyresearchreports.com/sample/sample.php?rep_id=1310184&type=E Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by
CRO Services Industry Worldwide Growth and Development
ReportsWeb.com has announced the addition of the “Global CRO Services Market Size, Status and Forecast 2022” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. This report studies the global CRO Services market, analyzes and researches the CRO Services development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in
Partnership factors in sponsor – CRO relationships
Drugs discovered today can realistically cost upwards of 900 million dollars and around 12 years of development to reach a market. CRO’s have been increasingly used by larger pharma to outsource their clinical research, allowing big pharma to shut down in-house R&D, in practice saving money. There have been some issues however with the outsourcing of trials to CROs, including serious relationship break down with negative attitudes, failure to communicate