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Global Functional Service Providers Market Research Report - Forecast to 2030

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from $4,950 141 Pages Market Research Future October, 2023 RESFT18269034
Best Price Guarantee
Price from $4,950
Length 141 Pages
Publisher Market Research Future
Published Date October, 2023
SKU RESFT18269034

Global Functional Service Providers Market Research Report - Forecast to 2030


The Functional Service Providers (FSP) Market is anticipated to register a healthy CAGR of 7.49% during the review period. This market is being driven by a few variables, including expanding Research and development speculations, the rising number of clinical preliminaries, and the ascent of FSP rethinking in drug improvement.

Rising Research and development ventures, particularly in the biopharmaceutical and biotechnology enterprises, have made a requirement for functional service providers (FSPs) in the worldwide market. Research showed that the utilization of FSPs by huge biopharmaceutical organizations is developing at a pace of over 13% yearly. These service providers offer staff to biopharmaceutical and biotechnology organizations for their exploration and improvement projects. They give exceptionally qualified research partners, information administrators, concentrate on organizers, clinical screens, and other related staff backing to these organizations. Biopharmaceutical and biotechnology organizations are centered around constant exploration and are chipping away at creating and embracing new advances and cycles.

Furthermore, FSPs offer arrangements like preliminary administration, clinical observing, information the board, measurable programming, biostatistics, clinical composition, lifecycle security, and administrative undertakings. The tedious and costly nature of clinical preliminaries and the issues brought about by the high responsibility bring about the rising fame of FSPs. These providers save the organization time and lessen functional expenses.

Market Segmentation
The worldwide functional service supplier market is divided in terms of type into incorporates clinical checking, clinical composition, information the board, pharmacovigilance, biostatistics/programming, administrative undertakings, and others.

In view of stage, worldwide functional service supplier market is classified into clinical turn of events and post endorsement. In view of application, the worldwide market is grouped into biopharma organizations, biotech organizations, clinical gadget organizations, and examination focuses and scholarly establishments.

Regional Insights
The North America functional service providers market represented the biggest market with a portion of roughly 41% in 2022, because of the created medical care foundation, countless clinical preliminaries, and the presence of significant vital participants in the district like IQVIA (US), Parexel (US), and Labcorp Medication Improvement (US). As per Wellbeing Canada, the power that approves clinical preliminaries in Canada, there are around 900 clinical preliminaries enlisted in Canada consistently.

Europe functional service supplier market represented the second-biggest piece of the pie because of innovation progressions, expanding medical care use, and expanding pervasiveness of ongoing sicknesses.

The Asia-Pacific functional service providers market is supposed to be the quickest developing from 2023 to 2032 attributable to high understanding populace, decreased expenses of directing preliminaries, and great administrative arrangements. Besides, central participants working in the Functional Service Providers (FSP) Market are effectively venturing into Asia-Pacific district.

Major Players
The key Companies in the Functional Service Providers Market are Parexel International Corporation (US), IQVIA, Inc. (US), Quanticate International Limited (UK), KPS Life, LLC (US), Rho, Inc. (US), Laboratory Corporation of America Holdings (US), BioPoint Inc. (US), Icon Plc (Ireland), Wuxi Apptec co., Ltd. (China), and PPD Inc. (US).

Companies Mentioned
Parexel International Corporation (US)
IQVIA
Inc. (US)
Quanticate International Limited (UK)
KPS Life
LLC (US)
Rho
Inc. (US)
Laboratory Corporation of America Holdings (US)
BioPoint Inc. (US)
Icon Plc (Ireland)
Wuxi Apptec co.
Ltd. (China)
and PPD Inc. (US).

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
2.5 Assumptions & Limitations
3 Research Methodology
3.1 Data Mining
3.2 Secondary Research
3.3 Primary Research
3.4 Breakdown Of Primary Respondents
3.5 Forecasting Techniques
3.6 Research Methodology For Market Size Estimation
3.6.1 Bottom-up Approach
3.6.2 Top-down Approach
3.7 Data Triangulation
3.8 Validation
4 Market Dynamics
4.1 Overview
4.2 Drivers
4.2.1 Increasing R&D Investments
4.2.2 Rising Number Of Clinical Trials
4.2.3 Lowered Operational Costs And Improved Service Quality
4.2.4 Rise In Fsp Outsourcing In Drug Development
4.3 Restraints
4.3.1 Dearth Of Skilled Labor
4.4 Opportunities
4.4.1 Biopharma And Biotech’s Digital Transformation
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Customer Acquisition (Prepurchase Query)
5.1.2 Service Customization
5.1.3 Customer Purchase Support
5.1.4 Customer Fulfilment & Post-purchase Support
5.2 Porter's Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
5.3 Impact Of Covid-19 On Functional Service Providers Market
5.3.1 Overview
5.3.2 Impact On Demand For Functional Service Providers (Fsp)
6 Global Functional Service Providers Market By Type
6.1 Overview
6.2 Clinical Monitoring
6.3 Medical Writing
6.4 Data Management
6.5 Pharmacovigilance
6.6 Biostatistics/Programming
6.7 Regulatory Affairs
6.8 Others
7 Global Functional Service Providers Market By Stage
7.1 Overview
7.2 Clinical Development
7.3 Post Approval
8 Global Functional Service Providers Market By Application
8.1 Overview
8.2 Biopharma Companies
8.3 Biotech Companies
8.4 Medical Devices Companies
8.5 Research Center And Academic Institutes
9 Global Functional Service Providers Market, By Region
9.1 Overview
9.2 North America
9.2.1 Us
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 Uk
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest Of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia
9.4.5 South Korea
9.4.6 Rest Of Asia-pacific
9.5 Rest Of The World
9.5.1 Latin America
9.5.2 Middle East
9.5.3 Africa
10 Competitive Landscape
10.1 Overview
10.2 Competitive Benchmarking
10.3 Major Growth Strategy In The Global Functional Service Providers Market
10.4 The Leading Players In Terms Of Number Of Developments In The Global Functional Service Providers Market
10.5 Key Development Analysis
10.6 Key Developments & Growth Strategies
10.6.1 Product Launches
10.6.2 Partnerships
10.6.3 Acquisitions
10.7 Major Players Financial Matrix
10.7.1 Sales (Usd Million), 2022
10.7.2 Research & Development Expenditure (Usd Million), 2022
11 Company Profiles
11.1 Iqvia Inc.
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Solutions/Services Offered
11.1.4 Key Developments
11.1.5 Swot Analysis
11.1.6 Key Strategies
11.2 Laboratory Corporation Of America Holdings
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products/Services Offered
11.2.4 Key Developments
11.2.5 Swot Analysis
11.2.6 Key Strategies
11.3 Icon Plc
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products/Services Offered
11.3.4 Key Developments
11.3.5 Swot Analysis
11.3.6 Key Strategies
11.4 Kps Life, Llc
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products/Services Offered
11.4.4 Key Developments
11.4.5 Key Strategies
11.5 Wuxi Apptec Co., Ltd.
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Solutions/Services Offered
11.5.4 Key Developments
11.5.5 Swot Analysis
11.5.6 Key Strategies
11.6 Ppd Inc.
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Solutions/Services Offered
11.6.4 Key Developments
11.6.5 Key Strategies
11.7 Parexel International Corporation
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products/Services Offered
11.7.4 Key Developments
11.7.5 Key Strategies
11.8 Quanticate International Limited
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products/Services Offered
11.8.4 Key Developments
11.8.5 Key Strategies
11.9 Biopoint Inc.
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products/Services Offered
11.9.4 Key Developments
11.9.5 Key Strategies
11.10 Rho, Inc.
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products/Services Offered
11.10.4 Key Developments
11.10.5 Key Strategies
12 Appendix
12.1 References
12.2 Related Reports
List Of Tables
Table 1 List Of Assumptions & Limitations
Table 2 Primary Interviews And Information Gathering Process
Table 3 Global: Functional Service Providers Market, By Type, 2019-2030 (Usd Million)
Table 4 Global: Functional Service Providers Market, For Clinical Monitoring, By Region, 2019–2030 (Usd Million)
Table 5 Global: Functional Service Providers Market, For Medical Writing, By Region, 2019–2030 (Usd Million)
Table 6 Global: Functional Service Providers Market, For Data Management, By Region, 2019–2030 (Usd Million)
Table 7 Global: Functional Service Providers Market, For Pharmacovigilance, By Region, 2019–2030 (Usd Million)
Table 8 Global: Functional Service Providers Market, For Biostatistics/Programming, By Region, 2019–2030 (Usd Million)
Table 9 Global: Functional Service Providers Market, For Regulatory Affairs, By Region, 2019–2030 (Usd Million)
Table 10 Global: Functional Service Providers Market, For Others, By Region, 2019–2030 (Usd Million)
Table 11 Global: Functional Service Providers Market, By Stage, 2019-2030 (Usd Million)
Table 12 Global: Functional Service Providers Market, For Clinical Development, By Region, 2019–2030 (Usd Million)
Table 13 Global: Functional Service Providers Market, For Post Approval, By Region, 2019–2030 (Usd Million)
Table 14 Global: Functional Service Providers Market, By Application, 2019-2030 (Usd Million)
Table 15 Global: Functional Service Providers Market, For Biopharma Companies, By Region, 2019–2030 (Usd Million)
Table 16 Global: Functional Service Providers Market, For Biotech Companies, By Region, 2019–2030 (Usd Million)
Table 17 Global: Functional Service Providers Market, For Medical Devices Companies, By Region, 2019–2030 (Usd Million)
Table 18 Global: Functional Service Providers Market, For Research Center And Academic Institutes, By Region, 2019–2030 (Usd Million)
Table 19 Global: Functional Service Providers Market, By Region, 2019–2030 (Usd Million)
Table 20 North America: Functional Service Providers Market, By Country, 2019–2030 (Usd Million)
Table 21 North America: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 22 North America: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 23 North America: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 24 Us: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 25 Us: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 26 Us: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 27 Canada: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 28 Canada: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 29 Canada: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 30 Europe: Functional Service Providers Market, By Country, 2019–2030 (Usd Million)
Table 31 Europe: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 32 Europe: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 33 Europe: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 34 Germany: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 35 Germany: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 36 Germany: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 37 Uk: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 38 Uk: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 39 Uk: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 40 France: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 41 France: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 42 France: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 43 Italy: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 44 Italy: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 45 Italy: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 46 Spain: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 47 Spain: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 48 Spain: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 49 Rest Of Europe: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 50 Rest Of Europe: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 51 Rest Of Europe: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 52 Asia-pacific: Functional Service Providers Market, By Country, 2019–2030 (Usd Million)
Table 53 Asia-pacific: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 54 Asia-pacific: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 55 Asia-pacific: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 56 China: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 57 China: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 58 China: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 59 Japan: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 60 Japan: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 61 Japan: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 62 India: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 63 India: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 64 India: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 65 Australia: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 66 Australia: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 67 Australia: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 68 South Korea: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 69 South Korea: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 70 South Korea: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 71 Rest Of Asia-pacific: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 72 Rest Of Asia-pacific: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 73 Rest Of Asia-pacific: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 74 Rest Of The World: Functional Service Providers Market, By Region, 2019–2030 (Usd Million)
Table 75 Rest Of The World: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 76 Rest Of The World: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 77 Rest Of The World: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 78 Latin America: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 79 Latin America: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 80 Latin America: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 81 Middle East: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 82 Middle East: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 83 Middle East: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 84 Africa: Functional Service Providers Market, By Type, 2019–2030 (Usd Million)
Table 85 Africa: Functional Service Providers Market, By Stage, 2019–2030 (Usd Million)
Table 86 Africa: Functional Service Providers Market, By Application, 2019–2030 (Usd Million)
Table 87 Major Players In The Global Functional Service Providers Market
Table 88 Most Active Players In The Global Functional Service Providers Market
Table 89 Product Launches
Table 90 Partnerships
Table 91 Acquisitions
Table 92 Iqvia Inc.: Solutions/Services Offered
Table 93 Iqvia Inc.: Key Developments
Table 94 Laboratory Corporation Of America Holdings: Products/Services Offered
Table 95 Laboratory Corporation Of America Holdings: Key Developments
Table 96 Icon Plc: Products/Services Offered
Table 97 Kps Life, Llc: Products/Services Offered
Table 98 Wuxi Apptec Co., Ltd.: Solutions/Services Offered
Table 99 Wuxi Apptec Co., Ltd.: Key Developments
Table 100 Ppd Inc.: Solutions/Services Offered
Table 101 Parexel International Corporation: Products/Services Offered
Table 102 Parexel International Corporation: Key Developments
Table 103 Quanticate International Limited: Products/Services Offered
Table 104 Quanticate International Limited: Key Developments
Table 105 Biopoint Inc.: Products/Services Offered
Table 106 Rho, Inc.: Products/Services Offered
Table 107 Rho, Inc.: Key Developments
List Of Figures
Figure 1 Market Synopsis
Figure 2 Global Functional Service Providers Market
Figure 3 Bottom-up And Top-down Approaches
Figure 4 Market Dynamics: Global Functional Service Providers Market
Figure 5 Drivers: Impact Analysis
Figure 6 Restraints: Impact Analysis
Figure 7 Value Chain Analysis: Functional Service Providers Market
Figure 8 Porter's Five Forces Analysis: Functional Service Providers Market
Figure 9 Global Functional Service Providers Market, By Type, 2022 & 2030 (Usd Million)
Figure 10 Global Functional Service Providers Market, By Stage, 2022 & 2030 (Usd Million)
Figure 11 Global Functional Service Providers Market, By Application, 2022 & 2030 (Usd Million)
Figure 12 Global: Functional Service Providers Market, By Region 2022 & 2030 (Usd Million)
Figure 13 Global: Functional Service Providers Market Share (%), By Region, 2022
Figure 14 North America: Functional Service Providers Market Share (%), By Country 2022
Figure 15 Europe: Functional Service Providers Market Share (%), By Country, 2022
Figure 16 Asia-pacific: Functional Service Providers Market Share (%), By Country, 2022
Figure 17 Rest Of The World: Functional Service Providers Market Share (%), By Region, 2022
Figure 18 Benchmarking Of Major Competitors
Figure 19 Major Strategy Adopted By Key Players In The Global Functional Service Providers Market
Figure 20 Global Functional Service Providers Market: Competitive Landscape
Figure 21 Sales (Usd Million), 2022
Figure 22 Research & Development Expenditure (Usd Million), 2022
Figure 23 Iqvia Inc.: Financial Overview Snapshot
Figure 24 Iqvia Inc.: Swot Analysis
Figure 25 Laboratory Corporation Of America Holdings: Financial Overview Snapshot
Figure 26 Laboratory Corporation Of America Holdings: Swot Analysis
Figure 27 Icon Plc: Financial Overview Snapshot
Figure 28 Icon Plc: Swot Analysis
Figure 29 Wuxi Apptec Co., Ltd.: Financial Overview Snapshot
Figure 30 Wuxi Apptec Co., Ltd.: Swot Analysis
Figure 31 Ppd Inc.: Financial Overview Snapshot

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