A contract research organization (CRO) is a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis. A CRO may provide such services as biopharmaceutical development, biologic assay development, commercialization, preclinical research, clinical research, clinical trials management, and pharmacovigilance. CROs are designed to reduce costs for companies developing new medicines and drugs in niche markets. They aim to simplify entry into drug markets, and simplify development, as the need for large pharmaceutical companies to do everything 'in house' is now redundant.
Market Analysis and Insights: Global CROs Services Market
The global CROs Services market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Clinical-study accounting for % of the CROs Services global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Large Company segment is altered to an % CAGR throughout this forecast period.
China CROs Services market size is valued at US$ million in 2021, while the North America and Europe CROs Services are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe CROs Services landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global CROs Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global CROs Services market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global CROs Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global CROs Services market.
Global CROs Services Scope and Market Size
CROs Services market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global CROs Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Clinical-study
- Clinical-trial
Segment by Application
- Large Company
- Small Company
By Company
- Laboratory Corporation of America Holdings (Covance)
- IQVIA
- Syneos Health
- Paraxel International Corporation
- PRA Health Sciences
- Pharmaceutical Product Development (PPD)
- Charles River Laboratories International Inc (CRL)
- ICON Public Limited Corporation
- Wuxi Apptec
- Medpace Holdings, Inc
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
TABLE OF CONTENTS
1 Report Business Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global CROs Services Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
- 1.2.2 Clinical-study
- 1.2.3 Clinical-trial
- 1.3 Market by Application
- 1.3.1 Global CROs Services Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Large Company
- 1.3.3 Small Company
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global CROs Services Market Perspective (2017-2028)
- 2.2 CROs Services Growth Trends by Region
- 2.2.1 CROs Services Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 CROs Services Historic Market Size by Region (2017-2022)
- 2.2.3 CROs Services Forecasted Market Size by Region (2023-2028)
- 2.3 CROs Services Market Dynamics
- 2.3.1 CROs Services Industry Trends
- 2.3.2 CROs Services Market Drivers
- 2.3.3 CROs Services Market Challenges
- 2.3.4 CROs Services Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top CROs Services Players by Revenue
- 3.1.1 Global Top CROs Services Players by Revenue (2017-2022)
- 3.1.2 Global CROs Services Revenue Market Share by Players (2017-2022)
- 3.2 Global CROs Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by CROs Services Revenue
- 3.4 Global CROs Services Market Concentration Ratio
- 3.4.1 Global CROs Services Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by CROs Services Revenue in 2021
- 3.5 CROs Services Key Players Head office and Area Served
- 3.6 Key Players CROs Services Product Solution and Service
- 3.7 Date of Enter into CROs Services Market
- 3.8 Mergers & Acquisitions, Expansion Plans
4 CROs Services Breakdown Data by Type
- 4.1 Global CROs Services Historic Market Size by Type (2017-2022)
- 4.2 Global CROs Services Forecasted Market Size by Type (2023-2028)
5 CROs Services Breakdown Data by Application
- 5.1 Global CROs Services Historic Market Size by Application (2017-2022)
- 5.2 Global CROs Services Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America CROs Services Market Size (2017-2028)
- 6.2 North America CROs Services Market Size by Type
- 6.2.1 North America CROs Services Market Size by Type (2017-2022)
- 6.2.2 North America CROs Services Market Size by Type (2023-2028)
- 6.2.3 North America CROs Services Market Share by Type (2017-2028)
- 6.3 North America CROs Services Market Size by Application
- 6.3.1 North America CROs Services Market Size by Application (2017-2022)
- 6.3.2 North America CROs Services Market Size by Application (2023-2028)
- 6.3.3 North America CROs Services Market Share by Application (2017-2028)
- 6.4 North America CROs Services Market Size by Country
- 6.4.1 North America CROs Services Market Size by Country (2017-2022)
- 6.4.2 North America CROs Services Market Size by Country (2023-2028)
- 6.4.3 the United States
- 6.4.4 Canada
7 Europe
- 7.1 Europe CROs Services Market Size (2017-2028)
- 7.2 Europe CROs Services Market Size by Type
- 7.2.1 Europe CROs Services Market Size by Type (2017-2022)
- 7.2.2 Europe CROs Services Market Size by Type (2023-2028)
- 7.2.3 Europe CROs Services Market Share by Type (2017-2028)
- 7.3 Europe CROs Services Market Size by Application
- 7.3.1 Europe CROs Services Market Size by Application (2017-2022)
- 7.3.2 Europe CROs Services Market Size by Application (2023-2028)
- 7.3.3 Europe CROs Services Market Share by Application (2017-2028)
- 7.4 Europe CROs Services Market Size by Country
- 7.4.1 Europe CROs Services Market Size by Country (2017-2022)
- 7.4.2 Europe CROs Services Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 7.4.8 Nordic Countries
8 Asia-Pacific
- 8.1 Asia-Pacific CROs Services Market Size (2017-2028)
- 8.2 Asia-Pacific CROs Services Market Size by Type
- 8.2.1 Asia-Pacific CROs Services Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific CROs Services Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific CROs Services Market Share by Type (2017-2028)
- 8.3 Asia-Pacific CROs Services Market Size by Application
- 8.3.1 Asia-Pacific CROs Services Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific CROs Services Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific CROs Services Market Share by Application (2017-2028)
- 8.4 Asia-Pacific CROs Services Market Size by Region
- 8.4.1 Asia-Pacific CROs Services Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific CROs Services Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
9 Latin America
- 9.1 Latin America CROs Services Market Size (2017-2028)
- 9.2 Latin America CROs Services Market Size by Type
- 9.2.1 Latin America CROs Services Market Size by Type (2017-2022)
- 9.2.2 Latin America CROs Services Market Size by Type (2023-2028)
- 9.2.3 Latin America CROs Services Market Share by Type (2017-2028)
- 9.3 Latin America CROs Services Market Size by Application
- 9.3.1 Latin America CROs Services Market Size by Application (2017-2022)
- 9.3.2 Latin America CROs Services Market Size by Application (2023-2028)
- 9.3.3 Latin America CROs Services Market Share by Application (2017-2028)
- 9.4 Latin America CROs Services Market Size by Country
- 9.4.1 Latin America CROs Services Market Size by Country (2017-2022)
- 9.4.2 Latin America CROs Services Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa CROs Services Market Size (2017-2028)
- 10.2 Middle East & Africa CROs Services Market Size by Type
- 10.2.1 Middle East & Africa CROs Services Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa CROs Services Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa CROs Services Market Share by Type (2017-2028)
- 10.3 Middle East & Africa CROs Services Market Size by Application
- 10.3.1 Middle East & Africa CROs Services Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa CROs Services Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa CROs Services Market Share by Application (2017-2028)
- 10.4 Middle East & Africa CROs Services Market Size by Country
- 10.4.1 Middle East & Africa CROs Services Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa CROs Services Market Size by Country (2023-2028)
- 10.4.3 Turkey
- 10.4.4 Saudi Arabia
- 10.4.5 UAE
11 Key Players Profiles
- 11.1 Laboratory Corporation of America Holdings (Covance)
- 11.1.1 Laboratory Corporation of America Holdings (Covance) Company Details
- 11.1.2 Laboratory Corporation of America Holdings (Covance) Business Overview
- 11.1.3 Laboratory Corporation of America Holdings (Covance) CROs Services Introduction
- 11.1.4 Laboratory Corporation of America Holdings (Covance) Revenue in CROs Services Business (2017-2022)
- 11.1.5 Laboratory Corporation of America Holdings (Covance) Recent Developments
- 11.2 IQVIA
- 11.2.1 IQVIA Company Details
- 11.2.2 IQVIA Business Overview
- 11.2.3 IQVIA CROs Services Introduction
- 11.2.4 IQVIA Revenue in CROs Services Business (2017-2022)
- 11.2.5 IQVIA Recent Developments
- 11.3 Syneos Health
- 11.3.1 Syneos Health Company Details
- 11.3.2 Syneos Health Business Overview
- 11.3.3 Syneos Health CROs Services Introduction
- 11.3.4 Syneos Health Revenue in CROs Services Business (2017-2022)
- 11.3.5 Syneos Health Recent Developments
- 11.4 Paraxel International Corporation
- 11.4.1 Paraxel International Corporation Company Details
- 11.4.2 Paraxel International Corporation Business Overview
- 11.4.3 Paraxel International Corporation CROs Services Introduction
- 11.4.4 Paraxel International Corporation Revenue in CROs Services Business (2017-2022)
- 11.4.5 Paraxel International Corporation Recent Developments
- 11.5 PRA Health Sciences
- 11.5.1 PRA Health Sciences Company Details
- 11.5.2 PRA Health Sciences Business Overview
- 11.5.3 PRA Health Sciences CROs Services Introduction
- 11.5.4 PRA Health Sciences Revenue in CROs Services Business (2017-2022)
- 11.5.5 PRA Health Sciences Recent Developments
- 11.6 Pharmaceutical Product Development (PPD)
- 11.6.1 Pharmaceutical Product Development (PPD) Company Details
- 11.6.2 Pharmaceutical Product Development (PPD) Business Overview
- 11.6.3 Pharmaceutical Product Development (PPD) CROs Services Introduction
- 11.6.4 Pharmaceutical Product Development (PPD) Revenue in CROs Services Business (2017-2022)
- 11.6.5 Pharmaceutical Product Development (PPD) Recent Developments
- 11.7 Charles River Laboratories International Inc (CRL)
- 11.7.1 Charles River Laboratories International Inc (CRL) Company Details
- 11.7.2 Charles River Laboratories International Inc (CRL) Business Overview
- 11.7.3 Charles River Laboratories International Inc (CRL) CROs Services Introduction
- 11.7.4 Charles River Laboratories International Inc (CRL) Revenue in CROs Services Business (2017-2022)
- 11.7.5 Charles River Laboratories International Inc (CRL) Recent Developments
- 11.8 ICON Public Limited Corporation
- 11.8.1 ICON Public Limited Corporation Company Details
- 11.8.2 ICON Public Limited Corporation Business Overview
- 11.8.3 ICON Public Limited Corporation CROs Services Introduction
- 11.8.4 ICON Public Limited Corporation Revenue in CROs Services Business (2017-2022)
- 11.8.5 ICON Public Limited Corporation Recent Developments
- 11.9 Wuxi Apptec
- 11.9.1 Wuxi Apptec Company Details
- 11.9.2 Wuxi Apptec Business Overview
- 11.9.3 Wuxi Apptec CROs Services Introduction
- 11.9.4 Wuxi Apptec Revenue in CROs Services Business (2017-2022)
- 11.9.5 Wuxi Apptec Recent Developments
- 11.10 Medpace Holdings, Inc
- 11.10.1 Medpace Holdings, Inc Company Details
- 11.10.2 Medpace Holdings, Inc Business Overview
- 11.10.3 Medpace Holdings, Inc CROs Services Introduction
- 11.10.4 Medpace Holdings, Inc Revenue in CROs Services Business (2017-2022)
- 11.10.5 Medpace Holdings, Inc Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer