Latest Industry study on Contract Research Organizations , Industry Contract Research Organizations (CROs)

Contract Research Organizations (CROs) Market Analysis to 2025
A Contract Research Organization (CROs) supports pharmaceutical, biotechnology and
medical device companies by offering end-to-end research services on a contract basis.
These services include pre-clinical & clinical research, clinical data management (CDM),
biostatistics, pharmacovigilance, product development, post-marketing surveillance, drug
discovery solutions, site monitoring, and central laboratory solutions, among others.
In the recent years, the global pharmaceutical sector has been witnessing an impressive
growth owing to advances in medical industry, particularly in emerging markets. This growth
is expected to increase product pipeline and FDA approvals in the coming years. In addition,
growth in R&D activity is expected increase the outsource of research activities.
Furthermore, lack of specialized professionals for toxicology testing is expected to increase
the outsource activities in the coming years.
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The global CROs market is segmented based on the type of service, therapeutic area and
geographic regions. Based on type of service, the market is segmented into pre-clinical
services, phase-I, II, III, IV and other laboratory services. Based on therapeutic area, the
market is segmented into central nervous system, oncology, cardiology, respiratory,
infectious diseases and others. The market based on region, is segmented into North
America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA). The North
America was estimated to dominate the market in 2017 and is expected to hold the largest
share in 2025.
Top Players:-
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Pra Health Sciences, Inc.,
Pharmaceutical Product Development, LLC.,
PAREXEL International Corp
Quintiles Transnational Holdings Inc.,
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Organizations-(CROs)-Market-Analysis-to-2025
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