Mar 5, 2019
This report focuses on the global Contract Research Organization (CRO) status, future forecast, growth opportunity, key market and key players.
Dublin, United States - March 5, 2019 /MarketersMedia/ —
Contract research organization (CRO) provide clinical trial and other research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations, and universities.
CROs provide drug development services, regulatory and scientific support, and infrastructure and staffing support to provide their clients with the flexibility to supplement their in-house capabilities or to provide a fully outsourced solution.
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Today, CROs provide a comprehensive range of clinical services, including protocol design and management and monitoring of Phase I through Phase IV clinical trials, data management, laboratory testing, medical and safety reviews and statistical analysis. In addition, CROs provide services that generate high quality and timely data in support of applications for regulatory approval of new drugs or reformulations of existing drugs as well as new and existing marketing claims. CROs leverage selected information technologies and procedures to efficiently capture, manage and analyze the large streams of data generated during a clinical trial.
There are major two classifications of contract research organization (CRO) in this report, preclinical CRO and clinical trial CRO. Globally, the revenue share of each type of CRO is 19.95%and 80.05% in 2015.
At present, the world's large service suppliers are mainly concentrated in the USA. The top three service suppliers are Quintiles, LabCorp (Covance), PPD, respectively with global revenue market share as 20.06%, 9.72% and 19.19% in 2015.
In 2018, the global Contract Research Organization (CRO) market size was 34500 million US$ and it is expected to reach 63300 million US$ by the end of 2025, with a CAGR of 7.9% during 2019-2025.
This report focuses on the global Contract Research Organization (CRO) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Contract Research Organization (CRO) development in United States, Europe and China.
The key players from Contract Research Organization (CRO) market covered in this study are Quintiles, LabCorp (Covance), PPD, Parexel, ICON, PRA, inVentiv, INC, CRL, Wuxi AppTec.
Market analysis was done by Product types like Preclinical CRO, Clinical Trial CRO and by Application like Pharmaceutical Industry, Biotechnology, Medical Device Industry.
The study objectives of this report are:
To analyze global Contract Research Organization (CRO) status, future forecast, growth opportunity, key market and key players.
To present the Contract Research Organization (CRO) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Major Points from Table of Contents
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Contract Research Organization (CRO) Production by Regions
5 Contract Research Organization (CRO) Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Contract Research Organization (CRO) Study
and More
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Source: MarketersMedia
Release ID: 488664
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