Global Contract Research Organization (CRO) Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	174 Pages	TechNavio	November, 2023	INF18379576

Best Price Guarantee
Price	from $2,500
Length	174 Pages
Publisher	TechNavio
Published Date	November, 2023
SKU	INF18379576

Global Contract Research Organization (CRO) Market 2024-2028

The contract research organization (CRO) market is forecasted to grow by USD 63.35 bn during 2023-2028, accelerating at a CAGR of 12.61% during the forecast period. The report on the contract research organization (CRO) market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the biopharmaceutical industry, the increasing prevalence of chronic diseases, and the increase in M and A activities by vendors.

Technavio's contract research organization (CRO) market is segmented as below:

By Application

Clinical research
Early phase development
Laboratory
Regulatory consulting

By End-user

Pharmaceutical and biopharmaceutical companies
Medical device companies
Academic institutes

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the increasing number of clinical trials as one of the prime reasons driving the contract research organization (CRO) market growth during the next few years. Also, a rise in vaccine production and growing outsourcing and cost savings through the use of CRO services will lead to sizable demand in the market.

The report on the contract research organization (CRO) market covers the following areas:

Contract research organization (CRO) market sizing
Contract research organization (CRO) market forecast
Contract research organization (CRO) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading contract research organization (CRO) market vendors that including BioAgile Therapeutics Pvt. Ltd, Charles River Laboratories International Inc., Clinical Trial Service B.V., CTI Clinical Trial and Consulting Inc., Ergomed Plc, Eurofins Scientific SE, Geneticist Inc., Hangzhou Tigermed Consulting Co. Ltd., ICON plc, IQVIA Holdings Inc., Konecranes, Laboratory Corp. of America Holdings, Linical Co. Ltd., Medpace Holdings Inc., Novotech Health Holdings, Parexel International Corp., Pharmaron Beijing Co. Ltd., Syneos Health Inc., Thermo Fisher Scientific Inc., and WuXi AppTec Co. Ltd. Also, the contract research organization (CRO) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Application
  - Table Executive Summary - Chart on Market Segmentation by End-user
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global contract research organization (CRO) market 2018 – 2022
  - Table Historic Market Size - Data Table on global contract research organization (CRO) market 2018 - 2022 ($ billion)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size - Application Segment 2018 - 2022 ($ billion)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Clinical research - Market size and forecast 2023-2028
  - Table Chart on Clinical research - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Clinical research - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Clinical research - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Clinical research - Year-over-year growth 2023-2028 (%)
- Early phase development - Market size and forecast 2023-2028
  - Table Chart on Early phase development - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Early phase development - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Early phase development - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Early phase development - Year-over-year growth 2023-2028 (%)
- Laboratory - Market size and forecast 2023-2028
  - Table Chart on Laboratory - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Laboratory - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Laboratory - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Laboratory - Year-over-year growth 2023-2028 (%)
- Regulatory consulting - Market size and forecast 2023-2028
  - Table Chart on Regulatory consulting - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Regulatory consulting - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Regulatory consulting - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Regulatory consulting - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ billion)
  - Table Data Table on Market opportunity by Application ($ billion)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Pharmaceutical and biopharmaceutical companies - Market size and forecast 2023-2028
  - Table Chart on Pharmaceutical and biopharmaceutical companies - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Pharmaceutical and biopharmaceutical companies - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Pharmaceutical and biopharmaceutical companies - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Pharmaceutical and biopharmaceutical companies - Year-over-year growth 2023-2028 (%)
- Medical device companies - Market size and forecast 2023-2028
  - Table Chart on Medical device companies - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Medical device companies - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Medical device companies - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Medical device companies - Year-over-year growth 2023-2028 (%)
- Academic institutes - Market size and forecast 2023-2028
  - Table Chart on Academic institutes - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Academic institutes - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Academic institutes - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Academic institutes - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ billion)
  - Table Data Table on Market opportunity by End-user ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Asia - Market size and forecast 2023-2028
  - Table Chart on Asia - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Asia - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
- Rest of World (ROW) - Market size and forecast 2023-2028
  - Table Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
  - Table Data Tables on Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Growth of biopharmaceutical industry
  - Increasing prevalence of chronic diseases
  - Increase in M and A activities by vendors
- Market challenges
  - Intellectual property issues hampering CRO industry's growth
  - Shortage of skilled professionals
  - Capacity utilization and constraints
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing number of clinical trials
  - Rise in vaccine production
  - Growing outsourcing and cost savings through use of CRO services
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- BioAgile Therapeutics Pvt. Ltd
  - Table BioAgile Therapeutics Pvt. Ltd - Overview
  - Table BioAgile Therapeutics Pvt. Ltd - Product / Service
  - Table BioAgile Therapeutics Pvt. Ltd - Key offerings
- Charles River Laboratories International Inc.
  - Table Charles River Laboratories International Inc. - Overview
  - Table Charles River Laboratories International Inc. - Business segments
  - Table Charles River Laboratories International Inc. - Key news
  - Table Charles River Laboratories International Inc. - Key offerings
  - Table Charles River Laboratories International Inc. - Segment focus
- CTI Clinical Trial and Consulting Inc.
  - Table CTI Clinical Trial and Consulting Inc. - Overview
  - Table CTI Clinical Trial and Consulting Inc. - Product / Service
  - Table CTI Clinical Trial and Consulting Inc. - Key offerings
- Ergomed Plc
  - Table Ergomed Plc - Overview
  - Table Ergomed Plc - Business segments
  - Table Ergomed Plc - Key news
  - Table Ergomed Plc - Key offerings
  - Table Ergomed Plc - Segment focus
- Eurofins Scientific SE
  - Table Eurofins Scientific SE - Overview
  - Table Eurofins Scientific SE - Business segments
  - Table Eurofins Scientific SE - Key news
  - Table Eurofins Scientific SE - Key offerings
  - Table Eurofins Scientific SE - Segment focus
- ICON plc
  - Table ICON plc - Overview
  - Table ICON plc - Product / Service
  - Table ICON plc - Key offerings
- IQVIA Holdings Inc.
  - Table IQVIA Holdings Inc. - Overview
  - Table IQVIA Holdings Inc. - Business segments
  - Table IQVIA Holdings Inc. - Key news
  - Table IQVIA Holdings Inc. - Key offerings
  - Table IQVIA Holdings Inc. - Segment focus
- Konecranes
  - Table Konecranes - Overview
  - Table Konecranes - Business segments
  - Table Konecranes - Key offerings
  - Table Konecranes - Segment focus
- Laboratory Corp. of America Holdings
  - Table Laboratory Corp. of America Holdings - Overview
  - Table Laboratory Corp. of America Holdings - Business segments
  - Table Laboratory Corp. of America Holdings - Key news
  - Table Laboratory Corp. of America Holdings - Key offerings
  - Table Laboratory Corp. of America Holdings - Segment focus
- Medpace Holdings Inc.
  - Table Medpace Holdings Inc. - Overview
  - Table Medpace Holdings Inc. - Product / Service
  - Table Medpace Holdings Inc. - Key offerings
- Novotech Health Holdings
  - Table Novotech Health Holdings - Overview
  - Table Novotech Health Holdings - Product / Service
  - Table Novotech Health Holdings - Key offerings
- Parexel International Corp.
  - Table Parexel International Corp. - Overview
  - Table Parexel International Corp. - Product / Service
  - Table Parexel International Corp. - Key news
  - Table Parexel International Corp. - Key offerings
- Syneos Health Inc.
  - Table Syneos Health Inc. - Overview
  - Table Syneos Health Inc. - Business segments
  - Table Syneos Health Inc. - Key offerings
  - Table Syneos Health Inc. - Segment focus
- Thermo Fisher Scientific Inc.
  - Table Thermo Fisher Scientific Inc. - Overview
  - Table Thermo Fisher Scientific Inc. - Business segments
  - Table Thermo Fisher Scientific Inc. - Key news
  - Table Thermo Fisher Scientific Inc. - Key offerings
  - Table Thermo Fisher Scientific Inc. - Segment focus
- WuXi AppTec Co. Ltd.
  - Table WuXi AppTec Co. Ltd. - Overview
  - Table WuXi AppTec Co. Ltd. - Business segments
  - Table WuXi AppTec Co. Ltd. - Key offerings
  - Table WuXi AppTec Co. Ltd. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations