Contract Research Organization Services (CROs) Market, Global Outlook and Forecast 2023-2029
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.
This report aims to provide a comprehensive presentation of the global market for Contract Research Organization Services (CROs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Contract Research Organization Services (CROs). This report contains market size and forecasts of Contract Research Organization Services (CROs) in global, including the following market information:
Global Contract Research Organization Services (CROs) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Contract Research Organization Services (CROs) market was valued at US$ 66880 million in 2022 and is projected to reach US$ 116630 million by 2029, at a CAGR of 8.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Contract Research Organization (CRO) key players include Labcorp, IQVIA, ICON, Parexel, Syneos Health, etc. Global top five manufacturers hold a share over 30%.
USA is the largest market, with a share over 45%, followed by Europe and China, both have a share over 40%.
In terms of product, Clinical Trial CRO is the largest segment, with a share over 65%. And in terms of application, the largest application is Pharmaceutical, followed by Biotechnology, Medical Device, etc.
We surveyed the Contract Research Organization Services (CROs) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Contract Research Organization Services (CROs) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Contract Research Organization Services (CROs) Market Segment Percentages, by Type, 2022 (%)
Oncology
CNS Disorders
Infectious Diseases
Cardiovascular Diseases
Immunological Disorders
Respiratory Disorders
Diabetes
Others Therapeutic Areas
Global Contract Research Organization Services (CROs) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Contract Research Organization Services (CROs) Market Segment Percentages, by Application, 2022 (%)
Pharmaceutical and Biopharmaceutical Companies
Medical Device Companies
Academic Institutes
Global Contract Research Organization Services (CROs) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Contract Research Organization Services (CROs) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Contract Research Organization Services (CROs) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Contract Research Organization Services (CROs) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IQVIA
ICON (Incl. PRA)
Labcorp
Syneos Health
PPD (Thermo Fisher)
Medpace
Parexel
Wuxi Apptec
Charles River
Pharmaron
EPS International
Worldwide Clinical Trials
CMIC
Inotiv
JOINN Lab
ChemPartner
Medicilon
EVOTEC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Contract Research Organization Services (CROs), market overview.
Chapter 2: Global Contract Research Organization Services (CROs) market size in revenue.
Chapter 3: Detailed analysis of Contract Research Organization Services (CROs) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Contract Research Organization Services (CROs) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
