Various factors driving the Contract Research Organization Services (CROs) Market growth are increasing prevalence of diseases such as cardiovascular, diabetes, & oncological, robust pipeline of
pharmaceutical & biopharmaceutical products, and increasing complexity of clinical trials and fast-paced changing regulatory framework associated with commercialization.
Please click the link to find report description and Table of Content in detail Global Contract Research Organization Services (CROs) Market – Industry Analysis and Forecast (2017-2024)
Contract Research Organization Services (CROs) Market is expected to grow from USD 33.8 Billion in 2016 to USD 60.9 Billion by 2024, at a CAGR of 7.64% between 2017 and 2024.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies,complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, Contract Research Organization Services (CROs) Market analysis and comprehensive segmentation with respect to the type, therapeutic area, end user, and geography to assist in strategic business planning.
Increased outsourcing of R&D activities, and increasing number of clinical trials are trending the overall Contract Research Organization Services (CROs) Market However, shortage of skilled professionals will restrain the market growth.
Pharmaceutical & biopharmaceutical companies Segment is anticipated to register highest growth rate in the Contract Research Organization Services (CROs) Market during theforecast period:
Pharmaceutical & biopharmaceutical companies end user segment is expected to register highest growth rate during the forecast period, owing to increased outsourcing of early phase development services and clinical and laboratory testing services by pharmaceutical companies to increase profit margins.
North America is expected to lead the Contract Research Organization Services (CROs) Market during the forecast period:
North America is anticipated to dominate the market over forecast period. Technologically advanced research, increase in clinical trial activity and high-quality standards in the pharmaceutical industry in this region will fuel the Contract Research Organization Services (CROs) Market in North America region.
Scope of the Report:
Global Contract Research Organization Services (CROS) Market, By Type: Early Phase Development Service, Clinical Research Services, Laboratory Services and Consulting Services
Contract Research Organization Services (CROS) Market, By Therapeutic Area : Oncology, Infectious Diseases, Central Nervous System (CNS) Disorders, Immunological Disorders, Cardiovascular Diseases, Respiratory Disorders, Diabetes and Other Therapeutic Areas
Contract Research Organization Services (CROS) Market, By End-User : Pharmaceutical & Biopharmaceutical Companies, Medical Device Companies and Academic Institutes
Contract Research Organization Services (CROs) Market, By Geography : North America, Europe, Asia Pacific, Middle East, Africa and Latin America
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