contract research organization services market Global Forecast 2027 by industry trends & Key Players

Posted November 26, 2021 by AakeshReddy

The contract research organization services market is anticipated to witness substantial growth in the coming years. Rise in venture capital investments is anticipated to aid market growth

Contract Research Organization Services market is projected to grow at a CAGR of 6.9% during the forecasting period 2021-2027

A Contract Research Organisation is an organization recruited by laboratory or drug discovery & development organizations to manage or control and lead the company's research trials, jobs, and functions. Worldwide the medical device, biotechnology, and pharmaceutical companies outsource their drug discovery and drug development process to contract research organizations on an agreement basis.
The Contract Research Organization Services (CROs) Market by product includes the Early phase development service, Clinic research services, Laboratory Services, and Consulting service. On the basis of the end-user, the market is divided into pharmaceutical & biopharmaceutical firm, medical device companies, and academic institutes & government. The Contract Research Organization Services market is mainly segmented into four regions, such as North America, Europe, Asia Pacific, and Rest of the World.
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The Contract Research Organization Services market report has been categorized as below
By Product Type
Early phase development service
Discovery Studies
Chemistry, Manufacturing & Control
Preclinical Services
Pharmacokinetics/ pharmacodynamics (PK/PD)
Toxicology testing
Clinic research services
Phase I
Phase II
Phase III
By Region
North America
Asia Pacific
Rest of Europe
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Last Updated November 26, 2021