Press release
Contract Research Organization Services (CROs) Market 2021-2027Size, Key Opportunities, Strategic Assessment, Strong Revenue |IQVIA, LabCorp, PAREXEL, PRA Health Sciences, PPD
The report provides a strategic analysis of the Contract Research Organization Services (CROs) Market and growth estimates for the forecast period 2021-2027. The report provides qualitative and quantitative insights and detailed analysis of the market size and growth rate for all possible segments of the market. provide. This report focuses on the key drivers, restraints, opportunities and threats of key players. The report also focuses on Contract Research Organization Services (CROs) market trends, volume and value at global level, regional level and company level.The analysts forecast the global Contract Research Organization Services (CROs) market to grow at a CAGR of 11.23 % during the period 2021- 2027.
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Top Companies Operating in the Global Contract Research Organization Services (CROs) Market profiled in the report are IQVIA, LabCorp, PAREXEL, PRA Health Sciences, PPD, ICON PLC, Syneos Health, WuXi Pharmatech, Charles River, MeDPAce Holdings, SGS, Envigo, MPI Research
INDUSTRY NEWS
In April 2021, IQVIA acquired Q2 Solutions, a clinical laboratory services organization, from Quest Diagnostics.
In November 2020, WuXi Apptec expanded its Cell & Gene Therapy Platforms with capabilities to provide high-quality and cost-effective supplies of R&D and GMP Plasmids
MARKET OVERVIEW
The global contract research organization (CRO) Services market was valued at ~US$ 49 Bn in 2018 and is projected to expand at a high CAGR from 2019 to 2027. The global market is driven by increased spending on research and development by manufacturers, patent expiries of various biologics leading to increase in the number of clinical trials, rising penetration of CROs, and growing focus of market players on conducting clinical trials in emerging markets.
Contract research organizations (CROs) are engaged in offering a range of research services on a contract basis to pharmaceutical, medical device, and biotechnology companies
By Product Type and Application Global Contract Research Organization Services (CROs) market segmentation:
Market segment by type includes:
Oncology
CNS Disorders
Infectious Diseases
Cardiovascular Diseases
Immunological Disorders
Respiratory Disorders
Diabetes
Others Therapeutic Areas
Market Segment by Application includes:
Pharmaceutical and Biopharmaceutical Companies
Medical Device Companies
Academic Institutes
Regional Outlook For Contract Research Organization Services (CROs) Market:
North America, South America, Asia Pacific, Africa and Europe etc. have been studied at length based on different business parameters such as type, size, application and end users. The global Contract Research Organization Services (CROs) Market is served for a niche market. This report presents a portfolio of different strategies and best practices for managing your business. This research report included some applicable sales methodologies that may affect business outcomes.
REGIONAL ANALYSIS
North America accounted for the largest share of the contract research organization (CRO) services market in 2021-2027.
In 2020, North America accounted for the largest share of the contract research organization (CRO) services market, followed by Europe. The large share of the North American regional segment can be attributed to presence of a well-established base of pharmaceutical & biopharmaceutical companies, and high investments in the biosimilars & biologics segment.
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Key points covered by the TOC:
Overview: Along with an extensive overview of the global Contract Research Organization Services (CROs) market, this section provides an overview of the report to give an idea of the nature and content of the research study.
Analysis of Strategies of Key Players: Market players can use this analysis to gain a competitive edge in the Contract Research Organization Services (CROs) Market.
Study on Key Market Trends: This section of the report provides an in-depth analysis of the latest and future trends in the Contract Research Organization Services (CROs) market.
Market Forecast: Buyers of the report have access to accurate and verified estimates of the total market size in terms of value and size. The report also provides consumption, production, sales and other forecasts for the Contract Research Organization Services (CROs) market.
Regional Growth Analysis: All major regions and countries have been included in the report. Regional analysis helps market players utilize untapped regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
Market Analysis: The report provides accurate and reliable forecasts of the market share of vital segments of the Contract Research Organization Services (CROs) market. Market participants can use this analysis to make strategic investments in key growth pockets of the Contract Research Organization Services (CROs) market.
Purchase Report:
https://www.marketintelligencedata.com/report/purchase/770067?mode=su?MODE=RADHIKA
Research Methodology:
Contract Research Organization Services (CROs) Market report includes market size estimation for value (million USD) and volume (M Sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Contract Research Organization Services (CROs) Market, to estimate the size of various other dependent submarkets in the overall market.
The major players in the market have been identified through secondary research and their market share has been determined through primary and secondary research. All percentage shares, splits, and classifications were determined using secondary and identified primary sources.
How the report considered the impact of Covid-19:
All the reports we have listed are tracking the impact of COVID-19 on the market. While doing this, both upstream and downstream of the entire supply chain were considered. We will also provide additional COVID-19 update supplements/reports in our Q3 report when available, so please check with our sales team.
We also provide customization of reports according to specific customer requirements.
1- Free country-level analysis of 5 selected countries.
Free Competitive Analysis of 2 - 5 Key Market Players.
3- 40 hours of free analysis time to process different data points
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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