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Global Contract Research Organization (CROs) Services Market Global Trends, Competitive Landscape, Regional Analysis & Forecasts 2017-2024

09-11-2017 02:53 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Contract Research Organization (CROs) Services Market – Industry Trends and Forecast to 2024

Global Contract Research Organization (CROs) Services Market – Industry Trends and Forecast to 2024

Data Bridge Market Research provides new industry report “Global contract research organization (CROs) services market” is expected to reach USD 42.0 billion by 2024, at a CAGR of 7.5% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

“Global Contract Research Organization (CROs) Services Market”, By Type of Services {Clinical Research Services (Phase 1, Phase 2, Phase 3, Phase 4), Early-Phase Development Services (Discovery Studies, Chemistry, Manufacturing, & Control (CMC), Preclinical Services), Laboratory Services (Bioanalytical Testing Services, Analytical Testing Services), Consulting Services}, Therapeutic Area (Oncology, Cardiovascular, Central Nervous System (CNS), Respiratory, Diabetes), End Users (Pharmaceutical and Biopharmaceutical Companies, Medical Device Companies , Academic Institutes)}, Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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CRO stands for contract research organization which provides research services to a biotechnology, medical devices and pharmaceutical companies on a contract basis. It provides numerous services such as biologic test development, clinical research, biopharmaceutical advancement, clinical trials administrations, preclinical research and commercialization.

Global Plasma Fractionational Market – Major Market Drivers and Restraints:

• Increase demand for outsourcing analytical testing and clinical trial services
• Growing R&D expenditure
• Increasing regulatory pressure on CROs

Global Plasma Fractionational Market Segmentation:

On the basis of type of services, the contract research organization (CROs) services market is segmented into clinical research services, early-phase development services, and laboratory services. Clinical research services are sub segmented into 1, phase 2, phase 3 and phase 4. Early-phase development services are sub segmented into discovery studies, chemistry, manufacturing, & control (CMC) and preclinical services. Preclinical services are further sub categorized into pharmacokinetics/ pharmacodynamics (pk/pd), toxicology testing services and others.Laboratory services are sub segmented into bioanalytical testing services and analytical testing services. Analytical testing services are further sub segmented into physical characterization, raw material testing, batch-release testing and stability testing.

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On the basis of therapeutic area, the contract research organization (CROs) services market is segmented into oncology, cardiovascular, central nervous system (CNS), respiratory and diabetes.

On the basis of end users, contract research organization (CROs) services market is segmented into pharmaceutical and biopharmaceutical companies, medical device companies and academic institutes.

Global Plasma Fractionational Market – Competitive Analysis:

Contract research organization (CROs) services market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of contract research organization (CROs) services market for global, Europe, North America, Asia Pacific and South America.

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Global Plasma Fractionational Market – Major Market Competitors:

Some of the major players operating in contract research organization (CROs) services market are Quintiles IMS., American Preclinical Services, Pharmaceutical Product Development, LLC, BTS Research, ICON Plc, Laboratory Corporation Of America Holdings, Chiltern International Ltd., PAREXEL International Corporation, PRA Health Sciences, Inc., WuXi App Tech, InVentiv Health, INC Research Holdings Inc., Charles River Laboratories International Inc. among others.

Related Report

North America Digital Health Monitoring Market – Industry Trends and Forecast to 2024

North America Digital Health Monitoring Market By Product Type Devices (Blood Pressure Monitors, Blood Glucose Monitors, ECG, Oximeters, Peak Flow Monitors, Multi Parameter Monitors, Sleep Neap Monitors, Neurological Monitors, Others), Software (Healthcare Apps, Chronic Disease Apps, Personal Health Apps, Others), Services (Remote Monitoring, Consultancy Services, Treatment Services, Fitness and Wellness Services, Others), By Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2024

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About Data Bridge Market Research:

Data Bridge Market Researchset forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


Vishal Dixit
Data Bridge Market Research
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Data Bridge is an organization lead by well versed forecasters, analysts and researchers who indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. Data Bridge aims to make your organization well acquainted with profound knowledge of the global and local market statistics.

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