Press release
Life Sciences BPO Market Key Players | Boehringer Ingelheim GmbH, Charles River Laboratories International,
The global Life Sciences BPO market was valued at $222.9 Bn in 2020 and is expected to reach $667.3 Bn by 2028 growing at a CAGR of 14.7% over the forecast period 2021-2028Non-primary business operations and tasks are contracted to a third-party provider in the Life Sciences BPO sector. Factors such as rising R&D costs, rising price pressures, and increased expenditures by pharmaceutical and medical device businesses in emerging nations such as India, China, Brazil, and South Africa are driving the worldwide life sciences BPO market. Furthermore, the global life sciences BPO market is predicted to rise because to the rising prevalence of Covid-19 and associated R&D activities over the projection period.
Some of the key players profiled in this report are Boehringer Ingelheim GmbH, Charles River Laboratories International, Inc., Cognizant Technology Solutions, Covance, Inc., DSM, Fareva, ICON, Plc, Infosys, Catalent, Inc., Genpact Limited, Health Decisions, Inc., and ProMab Biotechnologies, Inc.
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KEY BENEFITS
• The in-depth analysis provides market intelligence with respect to segments based on types, applications and geographies to enable precise decision making
• The detailed analysis of the impact of top factors impacting the growth of the market for the short and medium term
• Value chain analysis provides key inputs on the role of all stakeholders of the market
• Porter’s five force analysis provides the potency of suppliers & buyers, threat of new entrants & substitutes along with competitive scenario of the market
• SWOT analysis and recent developments of key players are included in the report so that companies can understand the strategies adopted by competitors and make required changes to their plans
• Estimations are calculated according to the current market scenario and projected future trends for the analysis period of 2021-2028
• The report discusses the trends and opportunities in various geographies so that companies can make region specific plans to gain competitive advantage
KEY MARKETS SEGMENTS
By Service Type:
CMO
API Manufacturing
Final dosage form manufacturing
Packaging
CRO
Drug Discovery
Preclinical studies
Early Phase I - IIa
Phase IIa - III
Phase IIIb - IV
Medical writing
Pharmcovigilance
Monitoring
Clinical Data Management
Regulatory services
Bio-statistics
Site management
Protocol development
Others
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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