U.S. Contract Research Organization (CROs) Market, by Service Type (Drug Discovery, Preclinical studies, Early Phase I – IIa, Phase IIa – III, Phase IIIb – IV, Drug Development, Medical Coding and Writing, Monitoring, Clinical Data Management, Bio-statistics, Site Management, Protocol Development, and Biomarker Discovery), by Therapeutic Application (Oncology, Cardiovascular Diseases, Central Nervous System Diseases, Infectious Diseases, Metabolic Disorders, Immunological Disorders, Respiratory Disorders, and Others), and by Size of CRO (Small Size, Medium Size, and Large Size)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
A contract research organization (CRO) offers effective services to pharmaceutical and biotechnology organizations by reducing cost and time period required to conduct clinical trials. The U.S. continues to be one of the largest market for pharmaceutical research and development, thereby providing growth opportunities for contract research organizations (CROs). CROs offer drug discovery services such as drug target identification, drug discovery screening, library screening, fragment-based drug design, ligand-based drug design, ligand protein binding, drug profiling, lead identification, lead compound identification, and lead optimization. CROs conduct clinical trial studies (from phase I to phase IV). They are also engaged in medical coding, monitoring, clinical data management, protocol development, and other services which are included in clinical development of any drug molecules.
Market Dynamics
Rising number of U.S. Food and Drug Administration (FDA) approvals and clinical trials are supporting growth of biopharmaceutical industry and are expected to fuel growth of the U.S. contract research organization (CROs) market. The U.S. is expected to hold dominant position in the contract research organization market over the forecast period due to rising demand for generic drugs, increasing clinical research and development activities, and government support. The U.S. is one of the biggest market for contract research organization due increasing pharmaceutical research and development activities in the country, thereby providing growth opportunities for contract research organizations (CROs). For instance, according to the clinicaltrials.gov, as of September 12, 2022, the total number of registered clinical studies were 427,488 out of which 134,895 (32%) of the studies were performed in the U.S. alone.
Key features of the study:
Table of Contents 1. Research Objectives and Assumptions o Research Objectives o Assumptions o Abbreviations 2. Market Purview o Report Description Market Definition and Scope o Executive Summary Market Snapshot, By Service Type Market Snapshot, By Therapeutic Application Market Snapshot, By Size of CRO o Coherent Opportunity Map (COM) 3. Market Dynamics, Regulations, and Trends Analysis o Market Dynamics Drivers Restraints Market Opportunities o Recent Developments o Acquisitions and Partnerships Scenario o PEST Analysis o Key to a Successful CTMS Solution 4. U.S. Contract Research Organization (CROs) Market- Impact of Coronavirus (Covid-19) Pandemic o Overall Impact o Impact on Supply and Demand o COVID-19 Impact on the market 5. U.S. Contract Research Organization (CROs) Market, By Service Type, 2017 – 2030, (US$ Million) o Overview Market Share Analysis, 2022 and 2030 (%) Y-o-Y Growth Analysis, 2017 – 2030 Segment Trends o Drug Discovery Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Preclinical studies Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Early Phase I – lia Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Phase IIIb – IV Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Drug Development Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Medical Coding and Writing Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Monitoring Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Clinical Data Management Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Bio-statistics Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Site Management Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Protocol Development Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Biomarker Discovery Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) 6. U.S. Contract Research Organization (CROs) Market, By Therapeutic Application, 2017 – 2030, (US$ Million) o Overview Market Share Analysis, 2022 and 2030 (%) Y-o-Y Growth Analysis, 2017 – 2030 Segment Trends o Oncology Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Cardiovascular Diseases Introduction Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million) o Central Nervous System Diseases Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Infectious Diseases Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Metabolic Disorders Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Immunological Disorders Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Respiratory Disorders Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Others Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) 7. U.S. Contract Research Organization (CROs) Market, By Size of CRO, 2017 – 2030, (US$ Million) o Overview Market Share Analysis, 2022 and 2030 (%) Y-o-Y Growth Analysis, 2017 – 2030 Segment Trends o Small Size Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Medium Size Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) o Large Size Overview Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million) 8. Competitive Landscape o Laboratory Corporation of America Holdings (Covance) Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o IQVIA Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Paraxel International Corporation Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Syneos Health Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o PRA Health Sciences Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Charles River Laboratoires International Inc. (CRL) Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Pharmaceutical Product Development (PPD) Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o ICON Public Limited Corporation Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Wuxi Apptec Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Medpace Holdings, Inc Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Medidata Solutions, Inc. Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Theorem Clinical Research Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Pharmaron Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Envigo Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies o Clinipace Company Highlights Product Portfolio Key Highlights Financial Performance Market Strategies 9. Section o Research Methodology o About Us *Browse 27 market data tables and 31 figures on "U.S. Contract Research Organization (CROs) Market” – forecast to 2030
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