Global Contract Research Outsourcing Market Growth (Status and Outlook) 2023-2029

Global Contract Research Outsourcing Market Growth (Status and Outlook) 2023-2029

Contract research outsourcing provides support to the biotechnology, pharmaceutical and medical device industries in the form of research services outsourced.

LPI (LP Information)' newest research report, the “Contract Research Outsourcing Industry Forecast” looks at past sales and reviews total world Contract Research Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected Contract Research Outsourcing sales for 2023 through 2029. With Contract Research Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Contract Research Outsourcing industry.

This Insight Report provides a comprehensive analysis of the global Contract Research Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Contract Research Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Contract Research Outsourcing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Contract Research Outsourcing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Contract Research Outsourcing.

The global Contract Research Outsourcing market size is projected to grow from US$ 42990 million in 2022 to US$ 38070 million in 2029; it is expected to grow at a CAGR of -1.7% from 2023 to 2029.

The North America CRO market was the largest in 2017, owing to largest number of trials undertaken and outsourced in the region. In addition, the U.S. Government supports R&D activities by granting research funds to the institutes.

This report presents a comprehensive overview, market shares, and growth opportunities of Contract Research Outsourcing market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Regulatory Service
Medical Writing
Pharmacovigilance
Site Management Protocol
Clinical Trial Service
Clinical Data Management & Biometrics
Other

Segmentation by application
Biotechnology Companies
Medical Device Companies
Pharmaceutical Companies
Academic Institutes & Government Organizations

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Charles River
Laboratory Corporation of America Holdings
IQVIA
Medpace
Pharmaceutical Product Development
Syneos Health
PAREXEL International Corporation
ICON plc
PRA Health Sciences
Envigo

Please note: The report will take approximately 2 business days to prepare and deliver.