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Projected Growth and Key Trends: Global Preclinical CRO Market Poised to Reach $9.06 Billion in 2029 at a CAGR of 9.7%
Preclinical CRO Global Market Growth Report 2025
What Is The Projected Market Size Of The Preclinical CRO Global Market And Its Growth Rate?
The preclinical CRO market shows robust growth, with significant traction from demand for faster drug development and a focus on core competencies.
•2024 Market Size: $5.7 billion
•2025 Market Size: $6.26 billion (9.9% CAGR)
•2029 Market Size: $9.06 billion (9.7% CAGR)
The demand for real-world evidence generation and increasing globalization of clinical trials are major contributing factors for this growth. Future trends suggest an expansion of oncology research, technological advances in vitro and in vivo models, and collaboration for translational research.
What Is Driving The Growth In The Preclinical CRO Global Market?
The escalating demand for preclinical trials is a primary driver of the preclinical CRO market. Providing a fundamental platform for drug development, preclinical trials often involve groundbreaking medical devices, prescription medications, and diagnostics. With the increasing global concern surrounding the safety and effectiveness of new drugs, these trials have become increasingly essential. For instance, clinical development productivity saw a rise in 2023, where a total of 69 novel active substances were launched globally, marking 6 more launchings than the previous year. This escalating demand for preclinical trials is a significant propellant for the market growth.
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Who Are the Key Players Driving Preclinical CRO Global Market Report 2025 Growth?
Major market players include:
•Eurofins Scientific SE
•PRA Health Sciences Inc.
•Wuxi AppTec Co. Ltd.
•Medpace Holdings Inc.
•Charles River Laboratories International Inc.
•Laboratory Corporation of America Holdings
•SGA SA
•Intertek Group plc
•Crown Bioscience International
What Are The Key Trends In The Preclinical CRO Global Market?
Key trends include:
•Integration of Artificial Intelligence (AI)
•Expansion of Oncology Research
•Advances in Omics Technologies
•Development of Advanced In Vitro and In Vivo Models
•Collaboration for Translational Research
What Are The Segments Of The Global Preclinical CRO Global Market Report 2025?
•By Service: Bioanalysis And DMPK Studies, Toxicology Testing, Compound Management, Chemistry, Safety Pharmacology, Others Services
•By Type: Patient Derived Organoid (PDO) Model, Patient Derived Xenograft Model
•By Animal Model: Small Animal Model, Large Animal Model
•By Model System: In Vivo, In Vitro
•By End User: Biopharmaceutical Companies, Government And Academic Institutes, Medical Device Companies, Other End-users
Which Region Leads The Preclinical CRO Global Market Report 2025?
North America was the largest region in the preclinical CRO market in 2024. However, Asia-Pacific is projected to dominate the global preclinical CRO market in terms of growth during the forecast period. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Preclinical CRO Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Preclinical CRO Global Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Preclinical CRO Global Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Preclinical CRO Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Preclinical CRO Global Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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