Press release
Contract Research Organization Market to Witness Huge Growth by 2024| Key Players are IQVIA Holdings, Inc., Laboratory Corporation of America Holdings, Syneos Health Inc, PRA Health Sciences, Medpace Holdings Inc and Wuxi AppTec Co Ltd
Contract Research Organization Market Growth Analysis and Forecast Research Report
China CRO market value is anticipated to reach US$27.04 billion in 2024, growing at a CAGR of 27.06%, for the period spanning from 2020 to 2024. The factors such as increasing biologics sales, rising geriatric population, growing investment in healthcare sector, accelerating number of innovative drug IND filings, inclining drug research and development expenditures and unmet treatment needs are expected to drive the market. However, growth of the industry would be challenged by the U.S. and China trade tensions, growing competition and regulatory compliance. A few notable trends include increasing consolidation activities, adoption of AI technology and emergence of e-clinical technology.
Get Free Exclusive PDF Sample Copy of This Contract Research Organization Market Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=3070138.
During previous years, CRO industry has grown from limited clinical trial services provider to a full-service industry characterized by broad relationships with clients and service offerings that encompass the entire drug development process. 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 marketing claims. They also leverage selected information technologies and procedures to efficiently capture, manage and analyze the large streams of data generated during a clinical trial.
Clinical services are the most consumed CRO service owing to growth in large molecule drug development outsourcing activities by drug-maker. Increasing research grants from the government, growing availability of skilled medical researchers and rising outsourcing of point-of-care (POC) testing services are driving the industry.
Scope of the report:
The report provides a comprehensive analysis of China CRO market, segmented on the basis of service type i.e. Clinical, Pre-clinical & Discovery and Drug Type i.e. Biologics & Chemical Drug.
The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
The competitive landscape of the market, along with the company profiles of leading players i.e. IQVIA Holdings, Inc., Laboratory Corporation of America Holdings, Syneos Health Inc, PRA Health Sciences, Medpace Holdings Inc and Wuxi AppTec Co Ltd are also presented in detail.
Get Exclusive Discount on Contract Research Organization Market Report at https://www.reportsnreports.com/contacts/discount.aspx?name=3070138.
Key Target Audience:
1. Drug Outsourcing Agencies
2. End Users (Pharmaceutical & Bio-pharmaceutical company, medical devices company and Academic Institutes)
3. Consulting Firms
4. Investment Banks
5. Government Bodies & Regulating Authorities
Inquire More Before Buying This Contract Research Organization Market Report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=3070138.
E-mail: sales@reportsandreports.com
Phone: +1 888 391 5441
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
We provide 24/7 online and offline support to our customers.
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 Contract Research Organization Market to Witness Huge Growth by 2024| Key Players are IQVIA Holdings, Inc., Laboratory Corporation of America Holdings, Syneos Health Inc, PRA Health Sciences, Medpace Holdings Inc and Wuxi AppTec Co Ltd here
News-ID: 2223353 • Views: …
More Releases from ReportsnReports
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices
Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact!
Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices.
Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register
MarketsandMarkets presents…
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH.
This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the…
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays.
Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/
This conference aims to bring together all the stakeholders to discuss the obstacles in achieving…
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying…
More Releases for Contract
Contract Lifecycle Management Software Market Overview: Streamlining Contract Pr …
In recent years, the global Contract Lifecycle Management Software Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Contract Lifecycle Management Software Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot…
Contract Lifecycle Management Software Market Overview: Streamlining Contract Pr …
In recent years, the global Contract Lifecycle Management Software Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Contract Lifecycle Management Software Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot…
Contract Farming Market Beyond the Contract: How Consumer Preferences are Reshap …
Contract Farming Market worth $76.07 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Contract Farming Market- (By Crop Type (Cereals (e.g., wheat, rice, maize), Fruits, Vegetables, Oilseeds, Pulses, Others), By Livestock Type (Poultry, Dairy, Swine, Cattle, Aquaculture, Others, By Contracting Parties (Agribusiness firms, Processors, Cooperatives, Exporters, Retailers, Others)), Trends, Industry Competition Analysis,…
Pharmaceutical Contract Manufacturing and Contract Market 2021 | Detailed Report
The Pharmaceutical Contract Manufacturing and Contract research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Pharmaceutical Contract Manufacturing and Contract research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving…
Contract Staffing Company India | Contract Staffing Services Mumbai & Banglore - …
Characterised with stringent legislation, fluctuating demand, a paucity of employable talent and market unpredictability, the modern business landscape offers a convincing rationale to employ a contract workforce in the business. You may not want to compromise on profits when you can adopt a 'just-in-time' strategy to bring the best workforce on-board using a contract staffing approach. With our cutting-edge contract staffing services, you can have all in one shot: An…
Pharmaceutical Contract Manufacturing and Contract Market Size, Share, Developme …
LP INFORMATION offers a latest published report on Pharmaceutical Contract Manufacturing and Contract Market Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Pharmaceutical Contract Manufacturing and Contract market will register a 6.6% CAGR in terms of revenue, the global market size will reach $ 97680 million by 2025, from $…
