openPR Logo
Press release

The Neurology Contract Research Organization Market to bank on AI-powered healthcare security, reaching US$ 14.2 Bn

10-17-2022 11:43 PM CET | Health & Medicine

Press release from: Persistence Market Research

Owing to the rise of clinical research for the evaluation of the treatment of brain and nervous system disorders, the neurology contract research organization market valued reached a valuation of US$ 7 Bn at the end of 2021. It is expected that the market will expand at a CAGR of 6.7% over the forecast period (2022-2032).

The National Institute of Neurological Disorders and Stroke (NINDS) funds a network for excellence in neuroscience clinical trials called NeuroNEXT, which works toward increasing the efficiency of clinical trials related to central nervous system disorders. It helps in expanding the capabilities of NINDS so that the testing of new treatments can be conducted in an appropriate manner.
There are contract research organizations like the Neurological Clinical Research Institute (NCRI) that are involved in speeding up the development of drugs that can be used for the treatment of neurological diseases and coordinating with research networks such as NeuroNEXT to successfully conduct clinical trials for the testing of novel treatments for people with neurological disorders. This is quite advantageous for the growth of the neurology contract research organization (CRO) market.

To save on costs and time, pharmaceutical, biotechnology, medical device companies, and academic organizations consider it efficient to outsource their research needs to CROs.

Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/33149

Key Takeaways from Market Study

The clinical services segment held 31.6% market share in 2021.

The neurology-focused segment accounted for 51.3% market share in 2021.

The psychiatry segment held 44% share of the neurology contract research organization market, by indication, in 2021.

The pharmaceutical & biopharmaceutical companies segment contributed 31.6% revenue share among end users in 2021 in the global market.

Around 30.9% of the global market share, by region, was accounted for by North America at the end of 2021.

"Increase in the number of clinical trials for neurology, assisting with neurological patient care, subsequently driving neurology contract research organization market growth," says an analyst of Persistence Market Research.

Market Competition

Key players in the neurology contract research organization market are focusing on enhancing their services for a wide range of potential therapeutic areas, which may provide insights into disease dynamics, as well as prospective therapeutic models.

For instance,

ICON increased the network of Accellacare sites, a global clinical research network that enables access to decentralized trials, in November 2021. The network increased its powers and reach by signing formal relationships with companies such as Asclepes Research and Olympian Clinical Research in the U.S., among others.
Bio Products Laboratory (BPL) and Atlantic Research Group established an agreement for extensive cooperation on April 28, 2021.
What Does the Report Cover?

Request for Table of Content@ https://www.persistencemarketresearch.com/market-research/neurology-contract-research-organization-market/toc

Persistence Market Research offers a unique perspective and actionable insights on the neurology contract research organization market in its latest study, presenting a historical demand assessment of 2012 - 2021 and projections for 2022 - 2032.

The research study is based on the service [clinical services (early phase/phase I development, phase IIB-III clinical trials, phase IIIB-phase IV clinical trials, 510(k) clinical studies, IDE clinical studies, IND clinical studies, PMA clinical studies, de novo clinical studies and retrospective clinical studies), data management services (clinical database selection, clinical study planning and clinical protocol development, clinical site budget development, data management (DM) and biostatistics (BS)), drug safety, medical and scientific writing, regulatory affairs, pharmacology and toxicology and quality and compliance], study (neuroscience focused and neurology focused), indication (Alzheimer's disease, brain tumours, epilepsy & seizures, headaches, schizophrenia, depressive disorder, multiple sclerosis (MS), muscular dystrophy, Parkinson's disease, progressive muscular atrophy (PMA), stroke, psychiatry, autism spectrum disorder, cerebral adrenoleukodystrophy (CALD) and sleep apnea/ sleep dysfunction), and end user (pharmaceutical & biopharmaceutical companies, biopharmaceutical companies, medical device companies and academic and research institutes), across seven key regions of the world including North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/33149

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

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 The Neurology Contract Research Organization Market to bank on AI-powered healthcare security, reaching US$ 14.2 Bn here

News-ID: 2770368 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for America

Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Masterbatches Market Study by Region (North America, Latin America, Europe, Asia …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Masterbatches market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth