Contract Research Organization Services Market Growth and Forecast

These organizations supply a range of services comparable to biopharmaceutical development, clinical trials conduct and different endeavors, drug discovery activities, product development, assay development, and pharmacovigilance. The intensifying demand for new therapies and devices has mounted pressures on research and development (R&D) budgets of those organizations. coupled with this, the increasing complexness of clinical trials and fast dynamic regulative framework related to the development of the new products are crucial factors propelling the demand for CROs services world over. The global market is segregated on the basis of Type as Early Phase Development Services, Pharmacokinetics/Pharmacodynamics (PK/PD), Toxicology Testing, Clinic Research Services, Laboratory Services, Physical Characterization, Stability Testing, Batch Release Testing, Raw Material Testing, and Other Analytical Testing. Based on End User the market is segmented in Pharmaceutical and Biopharmaceutical Companies, Medical Device Companies, and Academic Institutes.

The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

IQVIA, LabCorp, PAREXEL, PRA Health Sciences, PPD, ICON PLC, Syneos Health, WuXi Pharmatech, Charles River, MeDPAce Holdings, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Contract Research Organization Services (CROs) market has been segmented as below:

By Type

• Early Phase Development Services
• 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
• Other Analytical Testing
• Consulting Service

By End-User

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

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

By Company

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

The report covers the below scope:

• Global market sizes from 2019 to 2025, along with CAGR for 2020-2025
• Market size comparison for 2020 vs 2025, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2025
• Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2020
• Projected year - 2021
• Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include IQVIA, LabCorp, PAREXEL, PRA Health Sciences, PPD, ICON PLC, Syneos Health, WuXi Pharmatech, Charles River, MeDPAce Holdings, and others.

Why to Buy this Report:

• Gain detailed insights on the Contract Research Organization Services (CROs) industry trends
• Find a complete analysis of the market status
• Identify the market opportunities and growth segments
• Analyze competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

2. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

3. Executive Summary
4. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

5. By Type

            5.1 Introduction

            5.2 Early Phase Development Services

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Pharmacokinetics/Pharmacodynamics (PK/PD)

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Toxicology Testing

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

            5.5 Clinic Research Services

                        5.5.1 Market Overview

                        5.5.2 Market Size and Forecast

            5.6 Laboratory Services

                        5.6.1 Market Overview

                        5.6.2 Market Size and Forecast

            5.7 Physical Characterization

                        5.7.1 Market Overview

                        5.7.2 Market Size and Forecast

            5.8 Stability Testing

                        5.8.1 Market Overview

                        5.8.2 Market Size and Forecast

            5.9 Batch Release Testing

                        5.9.1 Market Overview

                        5.9.2 Market Size and Forecast

            5.10 Raw Material Testing

                        5.10.1 Market Overview

                        5.10.2 Market Size and Forecast

            5.11 Other Analytical Testing

                        5.11.1 Market Overview

                        5.11.2 Market Size and Forecast

6. By End User

            6.1 Introduction

            6.2 Pharmaceutical and Biopharmaceutical Companies

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Medical Device Companies

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Academic Institutes

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

7. By Geography

            7.1 Introduction

            7.2 North America

                        7.2.1 North America Market, By Type

                        7.2.2 North America Market, By End User

            7.3 Europe

                        7.3.1 Europe Market, By Type

                        7.3.2 Europe Market, By End User

            7.4 Asia-Pacific

                        7.4.1 Asia-Pacific Market, By Type

                        7.4.2 Asia-Pacific Market, By End User

            7.5 Rest of the World

                        7.5.1 Rest of the World Market, By Type

                        7.5.2 Rest of the World Market, By End User

8. Competitive Insights

            8.1 Key Insights

            8.2 Company Market Share Analysis

            8.3 Strategic Outlook

                        8.3.1 Mergers & Acquisitions

                        8.3.2 New Product Development

                        8.3.3 Portfolio/Production Capacity Expansions

                        8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        8.3.5 Others

9. Company Profiles

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