The global contract research market is expected to grow at a CAGR of 7.2% during the forecast period, from USD 8.5 billion in 2018 to USD 12.8 billion by 2030. The market is driven by factors such as increasing number of clinical trials and rising demand for outsourcing services among biopharmaceutical companies and academic and research institutes. Early phase development segment accounted for the largest share of the global contract research market in 2018, followed by clinical research segment, laboratory segment, consulting services segment, and others (consulting services). Biopharmaceutical companies accounted for the largest share of this market in 2018 due to their increased focus on outsourcing activities to reduce costs associated with drug discovery process. -The CRO market is expected to grow at a CAGR of 7.2% from 2017 to 2022. -CROs are increasingly being used in the pharmaceutical industry as they provide a cost effective way for companies to conduct clinical trials and other research studies. -CROs are also being used in the medical device industry, where they provide an alternative for small and medium sized companies that do not have the resources or expertise required for conducting clinical trials. -The CRO market is also growing due to increased demand from emerging markets such as China, India, Brazil, and Russia.
Industry Growth Insights published a new data on “The Contract Research (CRO) Market”. The research report is titled “The Contract Research (CRO) Market research by Types (Early Phase Development, Clinical Research, Laboratory, Consulting Services), By Applications (Biopharmaceutical Companies, Academic and Research Institutes, Others), By Players/Companies Quintiles Transnational Holdings, Laboratory Corporation Of America Holdings, Pharmaceutical Product Development, PAREXEL International, ICON plc, PRA Health Sciences, InVentiv Health, Charles River Laboratories, INC Research Holdings, Wuxi PharmaTech”.
Scope Of The Report
Report Attributes
Report Details
Report Title
The Contract Research (CRO) Market Research Report
By Type
Early Phase Development, Clinical Research, Laboratory, Consulting Services
By Application
Biopharmaceutical Companies, Academic and Research Institutes, Others
By Companies
Quintiles Transnational Holdings, Laboratory Corporation Of America Holdings, Pharmaceutical Product Development, PAREXEL International, ICON plc, PRA Health Sciences, InVentiv Health, Charles River Laboratories, INC Research Holdings, Wuxi PharmaTech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global The Contract Research (CRO) Market Report Segments:
The global The Contract Research (CRO) market is segmented on the basis of:
Types
Early Phase Development, Clinical Research, Laboratory, Consulting Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biopharmaceutical Companies, Academic and Research Institutes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Quintiles Transnational Holdings
- Laboratory Corporation Of America Holdings
- Pharmaceutical Product Development
- PAREXEL International
- ICON plc
- PRA Health Sciences
- InVentiv Health
- Charles River Laboratories
- INC Research Holdings
- Wuxi PharmaTech
Highlights of The The Contract Research (CRO) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Early Phase Development
- Clinical Research
- Laboratory
- Consulting Services
- By Application:
- Biopharmaceutical Companies
- Academic and Research Institutes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the The Contract Research (CRO) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Contract Research Organization (CRO) is a company that helps companies with contract research. This means that they help companies find and hire scientists to do research for them.
Some of the key players operating in the the contract research (cro) market are Quintiles Transnational Holdings, Laboratory Corporation Of America Holdings, Pharmaceutical Product Development, PAREXEL International, ICON plc, PRA Health Sciences, InVentiv Health, Charles River Laboratories, INC Research Holdings, Wuxi PharmaTech.
The the contract research (cro) market is expected to register a CAGR of 7.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. The Contract Research (CRO) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. The Contract Research (CRO) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. The Contract Research (CRO) Market - Supply Chain
4.5. Global The Contract Research (CRO) Market Forecast
4.5.1. The Contract Research (CRO) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. The Contract Research (CRO) Market Size (000 Units) and Y-o-Y Growth
4.5.3. The Contract Research (CRO) Market Absolute $ Opportunity
5. Global The Contract Research (CRO) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. The Contract Research (CRO) Market Size and Volume Forecast by Type
5.3.1. Early Phase Development
5.3.2. Clinical Research
5.3.3. Laboratory
5.3.4. Consulting Services
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global The Contract Research (CRO) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. The Contract Research (CRO) Market Size and Volume Forecast by Application
6.3.1. Biopharmaceutical Companies
6.3.2. Academic and Research Institutes
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global The Contract Research (CRO) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. The Contract Research (CRO) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global The Contract Research (CRO) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. The Contract Research (CRO) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global The Contract Research (CRO) Demand Share Forecast, 2019-2029
9. North America The Contract Research (CRO) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America The Contract Research (CRO) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America The Contract Research (CRO) Market Size and Volume Forecast by Application
9.4.1. Biopharmaceutical Companies
9.4.2. Academic and Research Institutes
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America The Contract Research (CRO) Market Size and Volume Forecast by Type
9.7.1. Early Phase Development
9.7.2. Clinical Research
9.7.3. Laboratory
9.7.4. Consulting Services
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America The Contract Research (CRO) Demand Share Forecast, 2019-2029
10. Latin America The Contract Research (CRO) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America The Contract Research (CRO) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America The Contract Research (CRO) Market Size and Volume Forecast by Application
10.4.1. Biopharmaceutical Companies
10.4.2. Academic and Research Institutes
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America The Contract Research (CRO) Market Size and Volume Forecast by Type
10.7.1. Early Phase Development
10.7.2. Clinical Research
10.7.3. Laboratory
10.7.4. Consulting Services
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America The Contract Research (CRO) Demand Share Forecast, 2019-2029
11. Europe The Contract Research (CRO) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe The Contract Research (CRO) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe The Contract Research (CRO) Market Size and Volume Forecast by Application
11.4.1. Biopharmaceutical Companies
11.4.2. Academic and Research Institutes
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe The Contract Research (CRO) Market Size and Volume Forecast by Type
11.7.1. Early Phase Development
11.7.2. Clinical Research
11.7.3. Laboratory
11.7.4. Consulting Services
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe The Contract Research (CRO) Demand Share, 2019-2029
12. Asia Pacific The Contract Research (CRO) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific The Contract Research (CRO) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific The Contract Research (CRO) Market Size and Volume Forecast by Application
12.4.1. Biopharmaceutical Companies
12.4.2. Academic and Research Institutes
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific The Contract Research (CRO) Market Size and Volume Forecast by Type
12.7.1. Early Phase Development
12.7.2. Clinical Research
12.7.3. Laboratory
12.7.4. Consulting Services
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific The Contract Research (CRO) Demand Share, 2019-2029
13. Middle East & Africa The Contract Research (CRO) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa The Contract Research (CRO) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa The Contract Research (CRO) Market Size and Volume Forecast by Application
13.4.1. Biopharmaceutical Companies
13.4.2. Academic and Research Institutes
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa The Contract Research (CRO) Market Size and Volume Forecast by Type
13.7.1. Early Phase Development
13.7.2. Clinical Research
13.7.3. Laboratory
13.7.4. Consulting Services
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa The Contract Research (CRO) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global The Contract Research (CRO) Market: Market Share Analysis
14.2. The Contract Research (CRO) Distributors and Customers
14.3. The Contract Research (CRO) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Quintiles Transnational Holdings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Laboratory Corporation Of America Holdings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pharmaceutical Product Development
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PAREXEL International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ICON plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PRA Health Sciences
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. InVentiv Health
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Charles River Laboratories
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. INC Research Holdings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wuxi PharmaTech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook