Rising number of R&D outsourcing activities, growing demand and number of clinical trials, emphasis on developing novel products, emphasis on R&D activities, Elevated demand for Specialized testing services, technological innovations and development, and emerging new markets in Asia Pacific are key factors contributing to high CAGR of Contract Research Outsourcing Market during forecast period.
the global Contract Research Outsourcing market was valued at USD 38.18 Billion in 2018 and is expected to reach USD 68.14 Billion by the year 2026, at a CAGR of 7.4 %.
The study covers Contract Research Outsourcing – An organization that offers comprehensive services to biotechnology, pharmaceutical, and medical devices industries. Contract Research Outsourcing offers a wide range of support services like project management, clinical trial data management, database design & build, preclinical research, biopharmaceutical development, data entry & validation, biologic assay development, medicine and disease coding, safety and efficacy summaries, and others.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
Charles River Laboratories, Parexel International, IQVIA, Covance, PRA Health Sciences, LabCorp, Pharmaceutical Product Development (PPD), Clinitec, ICON plc, Medidata Solutions, and EPS International.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Market segment analysis:
Product Type (Revenue, USD Million; 2016–2026)
- Early Phase Development Services
- Discovery Studies
- Chemistry, Manufacturing & Control (CMC)
- Preclinical Services
- Clinic Research Services (CRS)
- Phase I CRS
- Phase II CRS
- Phase III CRS
- Phase IV CRS
- Laboratory Services
- Bioanalytical Testing
- Analytical Testing
- Physical Characterization
- Toxicology Testing
- Stability Testing
- Raw Material Testing
- Other Analytical Testing
- Consulting Services
- Pharmacokinetics/Pharmacodynamics (PK/PD)
- Batch Release Testing
- Others
Therapeutic Area Type (Revenue, USD Million; 2016–2026)
- Oncology
- Immunological Disorders
- Central nervous system (CNS) Disorders
- Cardiovascular Diseases
- Infectious Diseases
- Respiratory Disorders
- Diabetes
- Other
End Use (Revenue, USD Million; 2016–2026)
- Pharmaceutical and Biopharmaceutical Companies
- Medical Device Companies
- Academic Institutes
- Others
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Regional analysis further covers a country-wise analysis to offer insights into key trends and demands in each major country that might affect the growth of the market in the region.
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Key Features of the Global Contract Research Outsourcing Market Report:
- Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
- Identification and analysis of significant trends and factors driving revenue growth of the market
- Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
- Assessment of each market segment along with their growth trends and market revenue contribution
- Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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