Global Medical Device Contract Research Organization Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Medical Device Contract Research Organization are a contract research organization (CRO) which are specializes in the clinical trial, development, and data management of medical devices particularly. The increasing adoption of CRO is driving the growth for the medical device contact research organization. Furthermore, key market player is taking initiatives such as partnership, collaboration, merger and acquisition which helps in strengthen their market position and grow the market of medical device contract research organization. For example, in 2021, NAMSA, acquired Clinlogix that is a leading organization for clinical expertise. Which enhance the therapeutic expertise for the CRO. Also, high government support in pharmaceutical leads to the adoption & demand for Medical Device Contract Research Organization is likely to increase the market growth during the forecast period. However, high manufacturing costs impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Medical Device Contract Research Organization Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the significant region across the world in terms of market share owing to the high prevalence of chronic diseases, upsurging demand for medical devices and government initiatives are rising the demand for medical device contract research organization in the region. Whereas, North America is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as presence of well-established CROs, rising incidences of injuries, improving healthcare infrastructure and growing government support for R&D activities through grants & funds to research institutes would create lucrative growth prospects for the Medical Device Contract Research Organization market across North America region.
Major market player included in this report are:
Icon Plc
IQVIA
Covance
Charles River Laboratories
Syneos Health
MedPace
Promedica International
Wuxi AppTec
Eurofins
Qserve Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Phase Outlook:
Preclinical
Clinical
By Service Outlook:
Project Management/Clinical Supply Management
Data Management
Regulatory/Medical Affairs
Medical Writing
Clinical Monitoring
Quality Management/Assurance
Bio-statistics
Investigator Payments
Laboratory
Patient & Site Recruitment
Technology
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Medical Device Contract Research Organization Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Medical Device Contract Research Organization Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Medical Device Contract Research Organization Market, by Phase Outlook, 2020-2028 (USD Billion)
- 1.2.3. Medical Device Contract Research Organization Market, by Service Outlook, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Medical Device Contract Research Organization Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Medical Device Contract Research Organization Market Dynamics
- 3.1. Medical Device Contract Research Organization Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing adoption of CRO
- 3.1.1.2. Increasing market initiatives
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of manufacturing
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing government support
Chapter 4. Global Medical Device Contract Research Organization Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Medical Device Contract Research Organization Market, by Phase Outlook
- 6.1. Market Snapshot
- 6.2. Global Medical Device Contract Research Organization Market by Phase Outlook, Performance - Potential Analysis
- 6.3. Global Medical Device Contract Research Organization Market Estimates & Forecasts by Phase Outlook 2019-2028 (USD Billion)
- 6.4. Medical Device Contract Research Organization Market, Sub Segment Analysis
- 6.4.1. Preclinical
- 6.4.2. Clinical
Chapter 7. Global Medical Device Contract Research Organization Market, by Service Outlook
- 7.1. Market Snapshot
- 7.2. Global Medical Device Contract Research Organization Market by Service Outlook, Performance - Potential Analysis
- 7.3. Global Medical Device Contract Research Organization Market Estimates & Forecasts by Service Outlook 2019-2028 (USD Billion)
- 7.4. Medical Device Contract Research Organization Market, Sub Segment Analysis
- 7.4.1. Project Management/Clinical Supply Management
- 7.4.2. Data Management
- 7.4.3. Regulatory/Medical Affairs
- 7.4.4. Medical Writing
- 7.4.5. Clinical Monitoring
- 7.4.6. Quality Management/Assurance
- 7.4.7. Bio-statistics
- 7.4.8. Investigator Payments
- 7.4.9. Laboratory
- 7.4.10. Patient & Site Recruitment
- 7.4.11. Technology
- 7.4.12. Others
Chapter 8. Global Medical Device Contract Research Organization Market, Regional Analysis
- 8.1. Medical Device Contract Research Organization Market, Regional Market Snapshot
- 8.2. North America Medical Device Contract Research Organization Market
- 8.2.1. U.S. Medical Device Contract Research Organization Market
- 8.2.1.1. Phase Outlook breakdown estimates & forecasts, 2019-2028
- 8.2.1.2. Service Outlook breakdown estimates & forecasts, 2019-2028
- 8.2.2. Canada Medical Device Contract Research Organization Market
- 8.3. Europe Medical Device Contract Research Organization Market Snapshot
- 8.3.1. U.K. Medical Device Contract Research Organization Market
- 8.3.2. Germany Medical Device Contract Research Organization Market
- 8.3.3. France Medical Device Contract Research Organization Market
- 8.3.4. Spain Medical Device Contract Research Organization Market
- 8.3.5. Italy Medical Device Contract Research Organization Market
- 8.3.6. Rest of Europe Medical Device Contract Research Organization Market
- 8.4. Asia-Pacific Medical Device Contract Research Organization Market Snapshot
- 8.4.1. China Medical Device Contract Research Organization Market
- 8.4.2. India Medical Device Contract Research Organization Market
- 8.4.3. Japan Medical Device Contract Research Organization Market
- 8.4.4. Australia Medical Device Contract Research Organization Market
- 8.4.5. South Korea Medical Device Contract Research Organization Market
- 8.4.6. Rest of Asia Pacific Medical Device Contract Research Organization Market
- 8.5. Latin America Medical Device Contract Research Organization Market Snapshot
- 8.5.1. Brazil Medical Device Contract Research Organization Market
- 8.5.2. Mexico Medical Device Contract Research Organization Market
- 8.6. Rest of The World Medical Device Contract Research Organization Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Icon Plc
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. IQVIA
- 9.2.3. Covance
- 9.2.4. Charles River Laboratories
- 9.2.5. Syneos Health
- 9.2.6. MedPace
- 9.2.7. Promedica International
- 9.2.8. Wuxi AppTec
- 9.2.9. Eurofins
- 9.2.10. Qserve Group
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption