The report offers a complete analysis of the global Contract Research Organization market on a global and regional scale and offers a forecast for the market. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.
Over the last decade, pharmaceutical companies have released an increasing number of new drugs each year. These companies are planning on reducing overall expenses, for which they need to reduce research staff and save costs on in-house R&D infrastructure. Outsourcing research work to CROs can help to increase success rate and accelerate drug discovery, resulting in higher profits. In addition, increasing investments and focus on healthcare R&D by major healthcare companies and development of novel drugs and therapies are driving contract research outsourcing market revenue growth
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The prominent players profiled in the report are:
IQVIA Inc., PPD, Inc., ICON Plc., Syneos Health Inc., Parexel International, Medpace Holdings, Inc., Charles River Laboratories, Inc., PRA Health Sciences, Inc., WuXi AppTec Group, Labcorp Drug Development, Kiecana Clinical Research (KCR), ClinTec International, Advanced Clinical, Pharm-Olam, LLC, and WuXi Biologics.
Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global Contract Research Organization market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Emergen Research has segmented the global contract research organization market based on service type, application, end-use, and region:
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Service Type Outlook (Revenue, USD Billion; 2019-2030)
- Clinical Research Services
- Phase I
- Phase II
- Phase III
- Phase IV
- Early Phase Development Services
- Chemistry, Manufacturing and Controls Services
- Preclinical Services
- Pharmacokinetics/ Pharmacodynamics Services
- Toxicology Testing Services
- Other Preclinical Services
- Discovery Studies
- Laboratory Services
- Analytical Testing Services
- Bioanalytical Testing Services
- Consulting Services
- Data Management Services
- Database Design
- Data Entry and Validation
- Database Maintenance and Archival
- Others
- Clinical Research Services
The report covers the analysis of the factors anticipated to drive the Global Contract Research Organization Market growth over the forecast period of 2020-2027. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2019 as the base year and 2017-2018 as the historical years. It puts examines drivers and restraints of the Contract Research Organization market and analyzes their impact on the industry throughout the forecast period.
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