The contract research organization (CRO) market is expected to reach US$ 88,835.19 million in 2028 from US$ 50,093.56 million in 2021; it is expected to grow at a CAGR of 8.5% from 2021 to 2028.
The growth of the market is primarily attributed to the surge in R&D expenditures and outsourcing activities, and rise in the number of clinical trials. Moreover, increasing demand for specialized testing services is expected to foster market growth during the forecast period. However, the dearth of skilled professionals hinders the market growth. Healthcare service providers have been focusing adapting to the challenging transformations triggered by the COVID-19 pandemic. European countries such as Italy and Spain have registered the maximum number of deaths due to COVID-19. Clinical research plays a crucial role in developing diagnostics and medicines to fight the ongoing COVID-19 pandemic through rapid and accurate clinical trials, as well as in collecting robust and reliable outcomes in a variety of settings on a large scale. Intensive global research collaborations among stakeholders and industries involving all countries are driving the market growth.
Based on type, the contract research organization (CRO) market is segmented into early phase services, clinical research services, laboratory services, and post-approval services. The early phase services segment further bifurcated into drug discovery services and preclinical services. The clinical research services segment is the largest shareholder in the market and is expected to register the highest CAGR during the forecast period. By end user, the contract research organization (CRO) market is segmented into pharmaceutical and biotechnology companies, and medical devices companies. The pharmaceutical and biotechnology companies segment holds a larger share in the market and is estimated to register a higher CAGR during 2021-2028.
The Association of Clinical Research Organization, European Federation of Pharmaceuticals Industries Associations, and US Food and Drug Administration are among the primary and secondary sources referred to while preparing the report on the contract research organization (CRO) market.Reasons to Buy
The growth of the market is primarily attributed to the surge in R&D expenditures and outsourcing activities, and rise in the number of clinical trials. Moreover, increasing demand for specialized testing services is expected to foster market growth during the forecast period. However, the dearth of skilled professionals hinders the market growth. Healthcare service providers have been focusing adapting to the challenging transformations triggered by the COVID-19 pandemic. European countries such as Italy and Spain have registered the maximum number of deaths due to COVID-19. Clinical research plays a crucial role in developing diagnostics and medicines to fight the ongoing COVID-19 pandemic through rapid and accurate clinical trials, as well as in collecting robust and reliable outcomes in a variety of settings on a large scale. Intensive global research collaborations among stakeholders and industries involving all countries are driving the market growth.
Based on type, the contract research organization (CRO) market is segmented into early phase services, clinical research services, laboratory services, and post-approval services. The early phase services segment further bifurcated into drug discovery services and preclinical services. The clinical research services segment is the largest shareholder in the market and is expected to register the highest CAGR during the forecast period. By end user, the contract research organization (CRO) market is segmented into pharmaceutical and biotechnology companies, and medical devices companies. The pharmaceutical and biotechnology companies segment holds a larger share in the market and is estimated to register a higher CAGR during 2021-2028.
The Association of Clinical Research Organization, European Federation of Pharmaceuticals Industries Associations, and US Food and Drug Administration are among the primary and secondary sources referred to while preparing the report on the contract research organization (CRO) market.Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the contract research organization (CRO) market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global contract research organization (CRO) market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Contract Research Organization (CRO) Market - By Type
1.3.2 Global Contract Research Organization (CRO) Market - By End User
1.3.3 Global Contract Research Organization (CRO) Market - By Geography
2. Contract Research Organization (CRO) Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Contract Research Organization (CRO) Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa (MEA) - PEST Analysis
4.2.5 South and Central America (SCAM) - PEST Analysis
4.3 Expert Opinions
5. Contract Research Organization (CRO) Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing R&D Expenditures and Outsourcing Activities
5.1.2 Rise in The Number of Clinical Trials
5.2 Key Market challenges
5.2.1 Dearth of Skilled Professionals
5.3 Key Market Opportunities
5.3.1 Growing Biosimilars and Biologics Market
5.3.2 Increasing Demand for Specialized Testing Services
5.4 Future Trends
5.4.1 Increasing Market Consolidation
5.5 Impact analysis
6. Contract Research Organization (CRO) Market - Global Analysis
6.1 Global Contract Research Organization (CRO) Market Revenue Forecast and Analysis
6.2 Global Contract Research Organization (CRO) Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Contract Research Organization (CRO) Market Analysis - By Type
7.1 Overview
7.2 Contract Research Organization (CRO) Market Revenue Share, By Type (2021 and 2028)
7.3 Early Phase Development Services
7.3.1 Overview
7.3.2 Early Phase Development Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Drug Discovery Services
7.3.3.1 Overview
7.3.3.2 Drug Discovery Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
7.3.4 Pre-Clinical Services
7.3.4.1 Overview
7.3.4.2 Pre-Clinical Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Clinical Research Services
7.4.1 Overview
7.4.2 Clinical Research Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Laboratory Services
7.5.1 Overview
7.5.2 Laboratory Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Post-Approval Services
7.6.1 Overview
7.6.2 Post-Approval Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
8. Contract Research Organization (CRO) Market Analysis - By End User
8.1 Overview
8.2 Contract Research Organization (CRO) Market Revenue Share, By End User (2021 and 2028)
8.3 Pharmaceutical and Biotechnology Companies
8.3.1 Overview
8.3.2 Pharmaceutical and Biotechnology Companies: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Medical Device Companies
8.4.1 Overview
8.4.2 Medical Device Companies: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
9. Global Contract Research Organization (CRO) Market - Geographic Analysis
9.1 North America: Contract Research Organization (CRO) Market
9.1.1 Overview
9.1.2 North America: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.3 North America: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.1.3.1 North America: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.1.4 North America: Contract Research Organization (CRO) Market, By End User, 2019-2028 (USD Million)
9.1.5 North America: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
9.1.5.1 US: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.1.1 US: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.1.2 US: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.1.5.1.2.1 US: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.1.5.1.3 US: Contract Research Organization (CRO) Market, By End User, 2019-2028 (USD Million)
9.1.5.2 Canada: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.2.1 Canada: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.2.2 Canada: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.1.5.2.2.1 Canada: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.1.5.2.3 Canada: Contract Research Organization (CRO) Market, By End User, 2019-2028 (USD Million)
9.1.5.3 Mexico: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.3.1 Mexico: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.3.2 Mexico: Contract Research Organization (CRO) Market, By Type - 2019-2028 (USD Million)
9.1.5.3.2.1 Mexico: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.1.5.3.3 Mexico: Contract Research Organization (CRO) Market, By End User, 2019-2028 (USD Million)
9.2 Europe: Contract Research Organization (CRO) Market
9.2.1 Overview
9.2.2 Europe: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.3 Europe: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.3.1 Europe: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.4 Europe: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5 Europe: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
9.2.5.1 Germany: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.1.1 Germany: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.1.2 Germany: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.1.2.1 Germany: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.1.3 Germany: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5.2 France: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.2.1 France: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.2.2 France: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.2.2.1 France: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.2.3 France: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5.3 UK: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.3.1 UK: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.3.2 UK: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.3.2.1 UK: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.3.3 UK: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5.4 Italy: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.4.1 Italy: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.4.2 Italy: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.4.2.1 Italy: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.4.3 Italy: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5.5 Spain: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.5.1 Spain: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.5.2 Spain: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.5.2.1 Spain: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.5.3 Spain: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.2.5.6 Rest of Europe: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.6.1 Rest of Europe: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.2.5.6.2 Rest of Europe: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.2.5.6.2.1 Rest of Europe: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.2.5.6.3 Rest of Europe: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3 Asia Pacific: Contract Research Organization (CRO) Market
9.3.1 Overview
9.3.2 Asia Pacific: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.3 Asia Pacific: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.3.1 Asia Pacific: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.4 Asia Pacific: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5 Asia Pacific: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
9.3.5.1 China: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.1.1 China: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.1.2 China: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.1.2.1 China: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.1.3 China: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5.2 Japan: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.2.1 Japan: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.2.2 Japan: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.2.2.1 Japan: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.2.3 Japan: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5.3 India: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.3.1 India: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.3.2 India: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.3.2.1 India: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.3.3 India: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5.4 Australia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.4.1 Australia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.4.2 Australia: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.4.2.1 Australia: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.4.3 Australia: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5.5 South Korea: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.5.1 South Korea: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.5.2 South Korea: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.5.2.1 South Korea: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.5.3 South Korea: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.3.5.6 Rest of Asia Pacific: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.6.1 Rest of Asia Pacific: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.3.5.6.2 Rest of Asia Pacific: Contract Research Organization (CRO) Market, By Type, 2019-2028 (USD Million)
9.3.5.6.2.1 Rest of Asia Pacific: Contract Research Organization (CRO) Market, by Early Phase Development Services, 2019-2028 (USD Million)
9.3.5.6.3 Rest of Asia Pacific: Contract Research Organization (CRO) Market, by End User, 2019-2028 (USD Million)
9.4 Middle East & Africa: Contract Research Organization (CRO) Market
9.4.1 Overview
9.4.2 Middle East & Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
9.4.3 Middle East & Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.4.3.1 Middle East & Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.4.4 Middle East & Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.4.5 Middle East & Africa: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
9.4.5.1 Saudi Arabia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.1.1 Saudi Arabia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.1.2 Saudi Arabia Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.4.5.1.2.1 Saudi Arabia Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.4.5.1.3 Saudi Arabia Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.4.5.2 UAE: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.2.1 UAE: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.2.2 UAE Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.4.5.2.2.1 UAE Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.4.5.2.3 UAE Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.4.5.3 South Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.3.1 South Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.3.2 South Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.4.5.3.2.1 South Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.4.5.3.3 South Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.4.5.4 Rest of Middle East and Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.4.1 Rest of Middle East and Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.4.5.4.2 Rest of Middle East & Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.4.5.4.2.1 Rest of Middle East & Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.4.5.4.3 Rest of Middle East & Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.5 South and Central America: Contract Research Organization (CRO) Market
9.5.1 Overview
9.5.2 South and Central America: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.5.3 South and Central America Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
9.5.3.1 South and Central America Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.5.4 South and Central America Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
9.5.5 South and Central America: Contract Research Organization (CRO) Market Share by Country - 2021 & 2028, (%)
9.5.5.1 Brazil: Contract Research Organization (CRO) Market - Revenue and Forecasts To 2028 (USD Million)
9.5.5.1.1 Brazil: Contract Research Organization (CRO) Market - Revenue and Forecasts To 2028 (USD Million)
9.5.5.1.2 Brazil Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
9.5.5.1.2.1 Brazil Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.5.5.1.3 Brazil Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
9.5.5.2 Argentina: Contract Research Organization (CRO) Market - Revenue and Forecasts To 2028 (USD Million)
9.5.5.2.1 Argentina: Contract Research Organization (CRO) Market - Revenue and Forecasts To 2028 (USD Million)
9.5.5.2.2 Argentina Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
9.5.5.2.2.1 Argentina Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.5.5.2.3 Argentina Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
9.5.5.3 Rest of South and Central America: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.1 Rest of South and Central America: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.2 Rest of South and Central America Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.2.1 Rest of South and Central America Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
9.5.5.3.3 Rest of South and Central America Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
10. Impact Of COVID-19 Pandemic on Contract Research Organization (CRO) Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
10.2 Europe: Impact Assessment of COVID-19 Pandemic
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.5 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Charles River Laboratories, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 IQVIA Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Laboratory Corporation of America Holdings
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 PAREXEL INTERNATIONAL CORPORATION
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 ICON PLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Novotech
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Syneos Health
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Medpace
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 WuXi AppTec
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 PPD Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of TermsList of Tables
Table 1. R&D Investments by Major Pharmaceutical Companies
Table 2. R&D Investments by Phrma Member Companies, 2019
Table 3. Medicines under development for several diseases in 2020
Table 4. Number of registered studies for Clinical Trials
Table 5. Consolidation across the CRO Industry
Table 6. North America Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 7. North America Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 8. North America Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 9. US Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 10. US Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 11. US Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 12. Canada Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 13. Canada Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 14. Canada Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 15. Mexico Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 16. Mexico Rapid Test Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 17. Mexico Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 18. Europe: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 19. Europe Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 20. Europe Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 21. Germany: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 22. Germany: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 23. Germany: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 24. France: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 25. France: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 26. France Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 27. UK: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 28. UK: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 29. UK Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 30. Italy: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 31. Italy: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 32. Italy Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 33. Spain: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 34. Spain: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 35. Spain Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 36. Rest of Europe: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 37. Rest of Europe: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 38. Rest of Europe Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 39. Asia Pacific: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 40. Asia Pacific Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 41. Asia Pacific Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 42. China: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 43. China: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 44. China: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 45. Japan: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 46. Japan: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 47. Japan: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 48. Indian Companies R&D Expenditure From 2018 to 2020 in USD Million
Table 49. India: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 50. India: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 51. India: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 52. Australia: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 53. Australia: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 54. Australia: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 55. South Korea: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 56. South Korea: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 57. South Korea: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 58. Rest of Asia Pacific: Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 59. Rest of Asia Pacific: Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 60. Rest of Asia Pacific: Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 61. Middle East & Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 62. Middle East & Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 63. Middle East & Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 64. Saudi Arabia Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 65. Saudi Arabia Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 66. Saudi Arabia Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 67. UAE Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 68. UAE Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 69. UAE Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 70. South Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 71. South Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 72. South Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 73. Rest of Middle East & Africa Contract Research Organization (CRO) Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 74. Rest of Middle East & Africa Contract Research Organization (CRO) Market, by Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 75. Rest of Middle East & Africa Contract Research Organization (CRO) Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 76. South and Central America Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 77. South and Central America Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 78. South and Central America Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 79. Brazil Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 80. Brazil Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 81. Brazil Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 82. Argentina Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 83. Argentina Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 84. Argentina Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 85. Rest of South and Central America Contract Research Organization (CRO) Market, By Type - Revenue and Forecast to 2028 (USD Million)
Table 86. Rest of South and Central America Contract Research Organization (CRO) Market, By Early Phase Development Services - Revenue and Forecast to 2028 (USD Million)
Table 87. Rest of South and Central America Contract Research Organization (CRO) Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 88. Organic Developments Done By Companies
Table 89. Inorganic Developments Done by Companies
Table 90. Glossary of Terms, Contract Research Organization (CRO) MarketList of Figures
Figure 1. Contract Research Organization (CRO) Market Segmentation
Figure 2. Contract Research Organization (CRO) Market Segmentation, By Region
Figure 3. Contract Research Organization (CRO) Market Overview
Figure 4. Amino Acids Segment Held Largest Share of Contract Research Organization (CRO) Market
Figure 5. Europe to Show Significant Growth During Forecast Period
Figure 6. Contract Research Organization (CRO) Market, by Geography (US$ Million)
Figure 7. Global Contract Research Organization (CRO) Market - Leading Country Markets (US$ Million)
Figure 8. Global Contract Research Organization (CRO) Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa (MEA) PEST Analysis
Figure 13. South and Central America (SCAM) PEST Analysis
Figure 14. Number of approvals for NDA & BLA (2015 to 2020)
Figure 15. CRO market impact analysis of driver and restraints
Figure 16. Global Contract Research Organization (CRO) Market - Revenue Forecast and Analysis - 2020- 2028
Figure 17. Global Contract Research Organization (CRO) Market - By Geography Forecast and Analysis - 2021- 2028
Figure 18. Market Positioning of Key Players in Global Contract Research Organization (CRO) Market
Figure 19. Contract Research Organization (CRO) Market Revenue Share, By Type (2021 and 2028)
Figure 20. Early Phase Development Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Drug Discovery Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Pre-Clinical Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Clinical Research Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Laboratory Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Post-Approval Services: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Contract Research Organization (CRO) Market Revenue Share, By End User (2021 and 2028)
Figure 27. Pharmaceutical and Biotechnology Companies: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Medical Device Companies: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Contract Research Organization (CRO) Market, by Key Country - Revenue (2021) (USD Million)
Figure 30. North America Contract Research Organization (CRO) Market Revenue and Forecast to 2028 (USD Million)
Figure 31. North America: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
Figure 32. US: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 33. Canada: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 34. Mexico: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 35. Europe: Contract Research Organization (CRO) Market, by Key Country - Revenue (2021) (USD Million)
Figure 36. Europe Contract Research Organization (CRO) Market Revenue and Forecast to 2028 (USD Million)
Figure 37. Europe: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
Figure 38. Germany: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 39. France: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 40. UK: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 41. Italy: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 42. Spain: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 43. Rest of Europe: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 44. Asia Pacific: Contract Research Organization (CRO) Market, by Key Country - Revenue (2021) (USD Million)
Figure 45. Asia Pacific Contract Research Organization (CRO) Market Revenue and Forecast to 2028 (USD Million)
Figure 46. Asia Pacific: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
Figure 47. China: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 48. Japan: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 49. India: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 50. Australia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 51. South Korea: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 52. Rest of Asia Pacific: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 53. Middle East & Africa: Contract Research Organization (CRO) Market, by Key Country - Revenue (2021) (USD Million)
Figure 54. Middle East & Africa Contract Research Organization (CRO) Market Revenue and Forecast to 2028 (USD Million)
Figure 55. Middle East & Africa: Contract Research Organization (CRO) Market, by Country, 2021 & 2028 (%)
Figure 56. Saudi Arabia: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 57. UAE: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 58. South Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 59. Rest of Middle East and Africa: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 60. South and Central America: Contract Research Organization (CRO) Market, By Key Country - Revenue (2021) (USD Million)
Figure 61. South and Central America: Contract Research Organization (CRO) Market- Revenue and Forecasts To 2028 (USD Million)
Figure 62. South and Central America: Contract Research Organization (CRO) Market Share by Country - 2021 & 2028, (%)
Figure 63. Brazil: Contract Research Organization (CRO) Market- Revenue and Forecasts To 2028 (USD Million)
Figure 64. Argentina: Contract Research Organization (CRO) Market- Revenue and Forecasts To 2028 (USD Million)
Figure 65. Rest of South and Central America: Contract Research Organization (CRO) Market - Revenue and Forecast to 2028 (USD Million)
Figure 66. Impact of COVID-19 Pandemic in North American Country Markets
Figure 67. Impact of COVID-19 Pandemic on Contract Research Organization (CRO) Market in European Countries
Figure 68. Impact of COVID-19 Pandemic on Contract Research Organization (CRO) Market in Asia Pacific Countries
Figure 69. Impact Of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 70. Impact of COVID-19 Pandemic in South & Central America Market
Figure 71. Growth Strategies Done by the Companies in the Market, (%)
Companies Mentioned
- IQVIA Inc.
- Parexel International Corporation
- Charles River Laboratories, Inc.
- ACM Global Laboratories
- Merck KGaA (Bio Reliance Corporation)
- Celerion
- Clinitude
- Laboratory Corporation of America Holdings (Covance Inc.)
- Novotech
- Icon PLC
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 189 |
Published | September 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 50093.56 Million |
Forecasted Market Value ( USD | $ 88835.19 Million |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |