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Contract Research Organizations Services-Global Market Insights and Sales Trends 2025
Synopsis
Contract research organization (CRO) provide clinical trial and other research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
The global Contract Research Organizations Services market size is expected to reach US$ 143900 million by 2029, growing at a CAGR of 9.6% from 2023 to 2029. The market is mainly driven by the significant applications of Contract Research Organizations Services in various end use industries. The expanding demands from the Pre-clinical, Clinical I-Ⅲ and Other, are propelling Contract Research Organizations Services market. Full-Service CRO, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Functional Service Provision CRO segment is estimated at % CAGR for the next seven-year period.
The contract research organizations (CRO) services market is experiencing significant growth due to various factors. Factors such as increasing outsourcing of clinical trials by pharmaceutical and biotechnology companies, rising demand for specialized services, and the need for cost-effective drug development are driving market expansion. CROs offer a wide range of services, including clinical trial management, data management, regulatory affairs, and pharmacovigilance, providing expertise and operational support to clients. Additionally, advancements in technology and the growing complexity of clinical research further contribute to market growth. Moreover, the global expansion of clinical trials and the rising focus on personalized medicine fuel the demand for CRO services. However, factors such as stringent regulatory requirements and challenges in data quality management may pose hurdles to market growth.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Contract Research Organizations Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Contract Research Organizations Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Contract Research Organizations Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Contract Research Organizations Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Contract Research Organizations Services covered in this report include IQVIA, Labcorp, Syneos Health, PPD, ICON, PRA, Parexel, Medpace and Wuxi Apptec, etc.
The global Contract Research Organizations Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IQVIA
Labcorp
Syneos Health
PPD
ICON
PRA
Parexel
Medpace
Wuxi Apptec
EPS International
Worldwide Clinical Trials
CMIC
Premier Research
Courante Oncology
PROMETRIKA
Charles River Laboratories International Inc (CRL)
Hangzhou Tigermed
Clinipace
PSI CRO
Pierrel Research
Global Contract Research Organizations Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Contract Research Organizations Services market, Segment by Type:
Full-Service CRO
Functional Service Provision CRO
Global Contract Research Organizations Services market, by Application
Pre-clinical
Clinical I-Ⅲ
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Contract Research Organizations Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Contract research organization (CRO) provide clinical trial and other research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
The global Contract Research Organizations Services market size is expected to reach US$ 143900 million by 2029, growing at a CAGR of 9.6% from 2023 to 2029. The market is mainly driven by the significant applications of Contract Research Organizations Services in various end use industries. The expanding demands from the Pre-clinical, Clinical I-Ⅲ and Other, are propelling Contract Research Organizations Services market. Full-Service CRO, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Functional Service Provision CRO segment is estimated at % CAGR for the next seven-year period.
The contract research organizations (CRO) services market is experiencing significant growth due to various factors. Factors such as increasing outsourcing of clinical trials by pharmaceutical and biotechnology companies, rising demand for specialized services, and the need for cost-effective drug development are driving market expansion. CROs offer a wide range of services, including clinical trial management, data management, regulatory affairs, and pharmacovigilance, providing expertise and operational support to clients. Additionally, advancements in technology and the growing complexity of clinical research further contribute to market growth. Moreover, the global expansion of clinical trials and the rising focus on personalized medicine fuel the demand for CRO services. However, factors such as stringent regulatory requirements and challenges in data quality management may pose hurdles to market growth.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Contract Research Organizations Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Contract Research Organizations Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Contract Research Organizations Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Contract Research Organizations Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Contract Research Organizations Services covered in this report include IQVIA, Labcorp, Syneos Health, PPD, ICON, PRA, Parexel, Medpace and Wuxi Apptec, etc.
The global Contract Research Organizations Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IQVIA
Labcorp
Syneos Health
PPD
ICON
PRA
Parexel
Medpace
Wuxi Apptec
EPS International
Worldwide Clinical Trials
CMIC
Premier Research
Courante Oncology
PROMETRIKA
Charles River Laboratories International Inc (CRL)
Hangzhou Tigermed
Clinipace
PSI CRO
Pierrel Research
Global Contract Research Organizations Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Contract Research Organizations Services market, Segment by Type:
Full-Service CRO
Functional Service Provision CRO
Global Contract Research Organizations Services market, by Application
Pre-clinical
Clinical I-Ⅲ
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Contract Research Organizations Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Contract Research Organizations Services
1.1 Contract Research Organizations Services Market Overview
1.1.1 Contract Research Organizations Services Product Scope
1.1.2 Contract Research Organizations Services Market Status and Outlook
1.2 Global Contract Research Organizations Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Contract Research Organizations Services Market Size by Region (2018-2029)
1.4 Global Contract Research Organizations Services Historic Market Size by Region (2018-2023)
1.5 Global Contract Research Organizations Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Contract Research Organizations Services Market Size (2018-2029)
1.6.1 North America Contract Research Organizations Services Market Size (2018-2029)
1.6.2 Europe Contract Research Organizations Services Market Size (2018-2029)
1.6.3 Asia-Pacific Contract Research Organizations Services Market Size (2018-2029)
1.6.4 Latin America Contract Research Organizations Services Market Size (2018-2029)
1.6.5 Middle East & Africa Contract Research Organizations Services Market Size (2018-2029)
2 Contract Research Organizations Services Market by Type
2.1 Introduction
2.1.1 Full-Service CRO
2.1.2 Functional Service Provision CRO
2.2 Global Contract Research Organizations Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Contract Research Organizations Services Historic Market Size by Type (2018-2023)
2.2.2 Global Contract Research Organizations Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Contract Research Organizations Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Contract Research Organizations Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Contract Research Organizations Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Contract Research Organizations Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Contract Research Organizations Services Revenue Breakdown by Type (2018-2029)
3 Contract Research Organizations Services Market Overview by Application
3.1 Introduction
3.1.1 Pre-clinical
3.1.2 Clinical I-Ⅲ
3.1.3 Other
3.2 Global Contract Research Organizations Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Contract Research Organizations Services Historic Market Size by Application (2018-2023)
3.2.2 Global Contract Research Organizations Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Contract Research Organizations Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Contract Research Organizations Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Contract Research Organizations Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Contract Research Organizations Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Contract Research Organizations Services Revenue Breakdown by Application (2018-2029)
4 Contract Research Organizations Services Competition Analysis by Players
4.1 Global Contract Research Organizations Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Contract Research Organizations Services as of 2022)
4.3 Date of Key Players Enter into Contract Research Organizations Services Market
4.4 Global Top Players Contract Research Organizations Services Headquarters and Area Served
4.5 Key Players Contract Research Organizations Services Product Solution and Service
4.6 Competitive Status
4.6.1 Contract Research Organizations Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 IQVIA
5.1.1 IQVIA Profile
5.1.2 IQVIA Main Business
5.1.3 IQVIA Contract Research Organizations Services Products, Services and Solutions
5.1.4 IQVIA Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.1.5 IQVIA Recent Developments
5.2 Labcorp
5.2.1 Labcorp Profile
5.2.2 Labcorp Main Business
5.2.3 Labcorp Contract Research Organizations Services Products, Services and Solutions
5.2.4 Labcorp Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.2.5 Labcorp Recent Developments
5.3 Syneos Health
5.3.1 Syneos Health Profile
5.3.2 Syneos Health Main Business
5.3.3 Syneos Health Contract Research Organizations Services Products, Services and Solutions
5.3.4 Syneos Health Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.3.5 PPD Recent Developments
5.4 PPD
5.4.1 PPD Profile
5.4.2 PPD Main Business
5.4.3 PPD Contract Research Organizations Services Products, Services and Solutions
5.4.4 PPD Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.4.5 PPD Recent Developments
5.5 ICON
5.5.1 ICON Profile
5.5.2 ICON Main Business
5.5.3 ICON Contract Research Organizations Services Products, Services and Solutions
5.5.4 ICON Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.5.5 ICON Recent Developments
5.6 PRA
5.6.1 PRA Profile
5.6.2 PRA Main Business
5.6.3 PRA Contract Research Organizations Services Products, Services and Solutions
5.6.4 PRA Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.6.5 PRA Recent Developments
5.7 Parexel
5.7.1 Parexel Profile
5.7.2 Parexel Main Business
5.7.3 Parexel Contract Research Organizations Services Products, Services and Solutions
5.7.4 Parexel Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.7.5 Parexel Recent Developments
5.8 Medpace
5.8.1 Medpace Profile
5.8.2 Medpace Main Business
5.8.3 Medpace Contract Research Organizations Services Products, Services and Solutions
5.8.4 Medpace Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.8.5 Medpace Recent Developments
5.9 Wuxi Apptec
5.9.1 Wuxi Apptec Profile
5.9.2 Wuxi Apptec Main Business
5.9.3 Wuxi Apptec Contract Research Organizations Services Products, Services and Solutions
5.9.4 Wuxi Apptec Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.9.5 Wuxi Apptec Recent Developments
5.10 EPS International
5.10.1 EPS International Profile
5.10.2 EPS International Main Business
5.10.3 EPS International Contract Research Organizations Services Products, Services and Solutions
5.10.4 EPS International Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.10.5 EPS International Recent Developments
5.11 Worldwide Clinical Trials
5.11.1 Worldwide Clinical Trials Profile
5.11.2 Worldwide Clinical Trials Main Business
5.11.3 Worldwide Clinical Trials Contract Research Organizations Services Products, Services and Solutions
5.11.4 Worldwide Clinical Trials Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.11.5 Worldwide Clinical Trials Recent Developments
5.12 CMIC
5.12.1 CMIC Profile
5.12.2 CMIC Main Business
5.12.3 CMIC Contract Research Organizations Services Products, Services and Solutions
5.12.4 CMIC Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.12.5 CMIC Recent Developments
5.13 Premier Research
5.13.1 Premier Research Profile
5.13.2 Premier Research Main Business
5.13.3 Premier Research Contract Research Organizations Services Products, Services and Solutions
5.13.4 Premier Research Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.13.5 Premier Research Recent Developments
5.14 Courante Oncology
5.14.1 Courante Oncology Profile
5.14.2 Courante Oncology Main Business
5.14.3 Courante Oncology Contract Research Organizations Services Products, Services and Solutions
5.14.4 Courante Oncology Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.14.5 Courante Oncology Recent Developments
5.15 PROMETRIKA
5.15.1 PROMETRIKA Profile
5.15.2 PROMETRIKA Main Business
5.15.3 PROMETRIKA Contract Research Organizations Services Products, Services and Solutions
5.15.4 PROMETRIKA Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.15.5 PROMETRIKA Recent Developments
5.16 Charles River Laboratories International Inc (CRL)
5.16.1 Charles River Laboratories International Inc (CRL) Profile
5.16.2 Charles River Laboratories International Inc (CRL) Main Business
5.16.3 Charles River Laboratories International Inc (CRL) Contract Research Organizations Services Products, Services and Solutions
5.16.4 Charles River Laboratories International Inc (CRL) Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.16.5 Charles River Laboratories International Inc (CRL) Recent Developments
5.17 Hangzhou Tigermed
5.17.1 Hangzhou Tigermed Profile
5.17.2 Hangzhou Tigermed Main Business
5.17.3 Hangzhou Tigermed Contract Research Organizations Services Products, Services and Solutions
5.17.4 Hangzhou Tigermed Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.17.5 Hangzhou Tigermed Recent Developments
5.18 Clinipace
5.18.1 Clinipace Profile
5.18.2 Clinipace Main Business
5.18.3 Clinipace Contract Research Organizations Services Products, Services and Solutions
5.18.4 Clinipace Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.18.5 Clinipace Recent Developments
5.19 PSI CRO
5.19.1 PSI CRO Profile
5.19.2 PSI CRO Main Business
5.19.3 PSI CRO Contract Research Organizations Services Products, Services and Solutions
5.19.4 PSI CRO Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.19.5 PSI CRO Recent Developments
5.20 Pierrel Research
5.20.1 Pierrel Research Profile
5.20.2 Pierrel Research Main Business
5.20.3 Pierrel Research Contract Research Organizations Services Products, Services and Solutions
5.20.4 Pierrel Research Contract Research Organizations Services Revenue (US$ Million) & (2018-2023)
5.20.5 Pierrel Research Recent Developments
6 North America
6.1 North America Contract Research Organizations Services Market Size by Country (2018-2029)
6.2 the United States
6.3 Canada
7 Europe
7.1 Europe Contract Research Organizations Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Contract Research Organizations Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Contract Research Organizations Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Contract Research Organizations Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Contract Research Organizations Services Market Dynamics
11.1 Contract Research Organizations Services Industry Trends
11.2 Contract Research Organizations Services Market Drivers
11.3 Contract Research Organizations Services Market Challenges
11.4 Contract Research Organizations Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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