Press "Enter" to skip to content

Contract Research Organization Market Size 2019 – Industry Analysis by Types, Applications, Key Players, and leading Countries Forecast to 2024

Contract Research Organization

The “Contract Research Organization Market” report 2019 provides a comprehensive analysis of Contract Research Organization industry by types, applications, key players and regions. It shows the Contract Research Organization market 2019-2024 by production, consumption, supply, gross margin, the revenue of the industry. Additionally, the Contract Research Organization market report covers the details of market size, share, and growth rate of the market with respect to regions.

Get a Sample Copy of the Report At – https://www.industryresearch.co/enquiry/request-sample/14099010

Competitor Analysis:

Contract Research Organization market includes the following leading manufacturers on the basis of sales, revenue, price, and gross margin.

  • Charles River
  • Envigo
  • ICON PLC
  • IQVIA
  • LabCorp
  • MeDPace Holdings
  • MPI Research
  • PAREXEL
  • PPD
  • PRA Health Sciences
  • SGS
  • Syneos Health
  • WuXi Pharmatech

    Market Overview:

  • The contract research organization market is expected to register a CAGR of about 7.2% during the forecast period. The market growth can be attributed to the growing R&D expenditure, increased outsourcing of R&D activities, and a rising number of clinical trials.
  • Efficiency is being considered as the most important factor, in light of the financial burden pharmaceutical companies face from all directions. Patent expiries leading to generic rivalry and ever more stringent demands from regulators continue to have an impact on the bottom lines of pharmaceutical companies.
  • However, after several years where spending on R&D was reduced, it is now growing yet again. According to the American pharmaceutical review, the involvement of CRO engagement at each clinical phase has also increased and pharmaceutical and biotechnology companies are banking more heavily on contracting out for the early stages of clinical research, from drug discovery through Phases I and II. Now, nearly two thirds (63%) of companies are appointing contract development and manufacturing organizations (CDMOs) and CROs for Phase II studies. This strong trend of outsourcing will lead to the growth of the contract research organization market.

    Contract Research Organization market report presents in-depth analysis regarding the development, current trends, industry policies and regulations implemented in each of the geographical region. It includes analysis of upstream raw materials, downstream demand, and current market dynamics. Furthermore, the Contract Research Organization market report provides in-depth insight of Contract Research Organization industry during 2019-2024.

    Scope of the Report:

  • The contract research organization market report covers companies involved in contract-based research, development, and consulting services in the healthcare industry. Contract research organizations offer several services, including regulatory submission, clinical operations, data management, biostatistics, as well as quality assurance.

    Inquire or Share Your Questions If Any Before the Purchasing This Report – https://www.industryresearch.co/enquiry/pre-order-enquiry/14099010

    Key Market Trends:

    Early-Phase Development Services Segment is Poised to Register Robust Growth.

    With a growing number of patents expiring, the competition from generic counterparts of drugs is increasing and drug makers are under pressure to replace the revenue loss due to generics. Furthermore, R&D costs are increasing due to the complexity of drug molecules and more stringent regulatory requirements. Drug discovery and development process are becoming increasingly complex. To counter this complexity and streamline the operations, pharmaceutical firms are outsourcing early drug development processes. Additionally, leading CROs have developed significant expertise in the field of early-phase development and CROs are leveraging this expertise to offer highly efficient and accurate early-phase development services. CROs are also allowing small and middle size to enter the complex drug development process without significant investment in capital equipment. Pertaining to these reasons, the early-phase development services segment is poised to register robust growth rates.

    Asia-Pacific to Record the Fastest Growth Rate

    Pricing pressure due to the changing reimbursement scenario and generic competition is causing major pharmaceutical firms to outsource the R&D and clinical trials, which is supplementing the growth of CRO services in the Asia-Pacific region. In the emerging countries of the Asia-Pacific region, the cost of conducting clinical trials is relatively cheaper, due to fewer labor costs and low costs for handling clinical trial supplies. The cost is around 40-60% lesser in the emerging countries, as compared to the cost in developed countries, such as the United States, Germany, and the United Kingdom. The low cost and the presence of major contract research organizations are fueling the market growth in the Asia-Pacific region.

    Reasons to Buy Contract Research Organization Market Report:

    • Analysis of Contract Research Organization market including revenues, future growth, market outlook
    • Historical data and forecast of Contract Research Organization industry
    • Contract Research Organization market report covers regional analysis including growth estimates
    • To analyze the end user markets including growth estimates
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Includes Contract Research Organization market structure, market drivers, opportunities, and restraints.

    Purchase this Report (Price 4250 USD for a Single-User License) – https://www.industryresearch.co/purchase/14099010

    Contract Research Organization Market Report Covers the Following Questions:

    • What trends, challenges and barriers are influencing its growth?
    • What is the and regional outlook for Contract Research Organization market?
    • Who are the key players, and what are their strategies?
    • What is the status of Contract Research Organization status worldwide?
    • What are the Contract Research Organization market challenges to market growth? 
    • What are the Contract Research Organization market challenges to market growth? 
    • What are the types and applications of Contract Research Organization?
    • What is the market share of each type and application? 

    Detailed TOC of Contract Research Organization Market 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing R&D Expenditure
    4.2.2 Increasing Number of Clinical Trials
    4.2.3 Growing Trend of Outsourcing and Cost Savings Enabled by Using CRO services
    4.3 Market Restraints
    4.3.1 Shortage of Skilled Professionals
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Service Type
    5.1.1 Clinical Research Services
    5.1.1.1 Phase I Clinical Research Services
    5.1.1.2 Phase II Clinical Research Services
    5.1.1.3 Phase III Clinical Research Services
    5.1.1.4 Phase IV Clinical Research Services
    5.1.2 Early-Phase Development Services
    5.1.3 Laboratory Services
    5.1.4 Consulting Services
    5.2 By Therapeutic Area
    5.2.1 Oncology
    5.2.2 Infectious Diseases
    5.2.3 Central Nervous System (CNS) Disorders
    5.2.4 Immunological Disorders
    5.2.5 Cardiovascular Diseases
    5.2.6 Respiratory Disorders
    5.2.7 Diabetes
    5.2.8 Other Therapeutic Areas
    5.3 By End User
    5.3.1 Pharmaceutical & Biopharmaceutical Companies
    5.3.2 Medical Device Companies
    5.3.3 Academic Institutes
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Charles River
    6.1.2 Envigo
    6.1.3 ICON PLC
    6.1.4 IQVIA
    6.1.5 LabCorp
    6.1.6 MeDPace Holdings
    6.1.7 MPI Research
    6.1.8 PAREXEL
    6.1.9 PPD
    6.1.10 PRA Health Sciences
    6.1.11 SGS
    6.1.12 Syneos Health
    6.1.13 WuXi Pharmatech

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    LED Panel Lights Market 2019 Explosive Factors of Revenue by Key Vendors Size, Demand, Development Strategy, Future Trends and Industry Growth Research Report

    Radio Frequency Identification Market 2019: Emerging Technologies, Sales Revenue, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2025

    Global Edge Computing Market 2019 Leading Company Analysis by Size, Share, Types, Applications, Growing Demand Status, Recent Technologies, Forecast to 2024

    Polycaprolactone Market: 2019 Global Industry Trends, Growth, Share, Size and 2024 Forecast Research Report