Contract Research Organization Services market worth $58.55 billion by 2026
" COVID-19 Impact on Contract Research Organization Services (CROs) Market Size, growth, drivers, industry, analysis, and forecast 2020-2026 "
A Contract Research Organization is a company hired by other company/companies to control and lead the company’s duties and functions. This company gives support to the healthcare industries by fulfilling the outsourced services such as the research activities on a contract basis.
The increasing research and development expenditures in the healthcare sector and pharmaceutical company, the rise in need for research and development service outsource for reducing costs incurred in the development of new medicines, and an increasing number of clinical trials are the factors that will boost the market demand. Somehow, the dramatically rising competition in the contract research organization services market is a challenging factor for the players in the market.
Further, the increased requirement of the specific testing services is creating an opportunity for contract research organization services.
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The market research report titled “Contract Research Organization Services (CROs) Market By Product Type, By End User, By Geography – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2026” provides key insights regarding the Contract Research Organization Services market, the major competitors in this domain and various innovations happening to tackle the upcoming challenges in the health domain.
Geographically, the market is widely spread in North America region as the multiple trials are undertaken and outsourced, and growing government support through investments in R&D activities to research institutes and companies are propelling the market growth in this region. The report covers the Contract Research Organization Services market and the analysis by product type, by market size, by end-user, and by geography. It provides an in-depth analysis of the major players like IQVIA, ICON Plc., Charles River Laboratories, Syneos Health Inc, and PRA Health Sciences. This report also provides the insights of leading players in various types of analysis like SWOT analysis, portfolio analysis, and capability analysis of the leading players.
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The report consists of 89 Tables and 49 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor’s name.
Contract Research Organization Services Market By
Product Type: Market Size & Analysis
- Early phase development service
- Discovery Studies
- Chemistry, Manufacturing & Control
- Preclinical Services
- Pharmacokinetics/ pharmacodynamics (PK/PD)
- Toxicology testing
- Clinic research services
- Phase I
- Phase II
- Phase III
- Phase IV
- Laboratory services
- Bioanalytical testing
- Analytical testing
- Physical characterization
- Stability testing
- Batch release testing
- Raw material testing
- Consulting service
Based on End-User
- Pharmaceutical and Biopharmaceutical Companies
- Medical Device Companies
- Academic Institutes
Based on Geography:
- North America
- Asia Pacific
- Rest of the World