Contract Research Organization (CRO) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Contract Research Organization Market size was valued at over USD 43.9 billion in 2020 and is estimated to grow at a 7% CAGR between 2021 and 2027.

The CRO Production market includes clinical trial data management, database design and construction, data entry and validation, drug and disease coding, project management, quality and metric reporting, safety, and efficacy summary, statistical analysis plans, and reports, contract-based. The production market for a particular region includes the value of CRO services produced or generated by CRO service providers operating in that region.

Market Segments

By Service Type

• Early phase development services
• Clinical research services
• Laboratory services
• Regulatory consulting services

By Therapeutic Area

• Oncology
• Clinical pharmacology
• Cardiology
• Infectious disease
• Neurology
• Gastroenterology & Hepatology
• Ophthalmology
• Others

By End-use

• Pharmaceutical & Biopharmaceutical Companies
• Medical Device Companies
• Academic Institutes

Key players for global contract research organization market

The key players for the Global Contract Research Organization Market are Laboratory Corporation of America Holdings. (U.S.), QuintilesIMS (U.S.), PAREXEL International Corporation. (U.S.), Pharmaceutical Product Development, LLC. (U.S.), INC Research LLC (U.S.), PRA Health Sciences, Inc. (U.S.), ICON plc. (Europe) and others.

Scope of the Report

The research study analyzes the global Contract Research Organization (CRO) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Contract Research Organization (CRO) Market Report

1. What was the Contract Research Organization (CRO) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of the Contract Research Organization (CRO) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Contract Research Organization (CRO) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.