Global Contract Research Organization Services (CROs) Market Insights and Forecast to 2028

The global Contract Research Organization Services (CROs) market size is projected to reach US$ 46410 million by 2028, from US$ 34430 million in 2021, at a CAGR of 4.3% during 2022-2028. The global CRO services market, by end-user, is segmented into pharmaceutical and biopharmaceutical companies, medical device companies, and academic institutes. In 2017, the pharmaceutical and biopharmaceutical companies segment accounted for the largest share of the contract research organization services market. The large share of this segment can be attributed to the increased outsourcing of early phase development services and clinical and laboratory testing services by pharmaceutical companies to boost profit margins, avoid high capital expenditure, and reduce the time duration to validate the process and product. 

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Contract Research Organization Services (CROs) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Contract Research Organization Services (CROs) market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Contract Research Organization Services (CROs) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Contract Research Organization Services (CROs) market.

Contract Research Organization Services (CROs) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Contract Research Organization Services (CROs) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Contract Research Organization Services Market by Type

• Oncology
• CNS Disorders
• Infectious Diseases
• Cardiovascular Diseases
• Immunological Disorders
• Respiratory Disorders
• Diabetes
• Others Therapeutic Areas

Contract Research Organization Services Market by Application

• Pharmaceutical and Biopharmaceutical Companies
• Medical Device Companies
• Academic Institutes

Major Players in the Contract Research Organization Services Market

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

Contract Research Organization Services Market by Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA