Contract Research Organization Market segmentation and industrial overview forecasts to 2025
Contract Research Organization Market to Witness Huge Growth till 2025 | Leading Brands: PAREXEL International Corporation, Syneos Health, Laboratory Corporation of America Holdings, PRA Health Sciences, Inc., Charles River, ICON plc
(EMAILWIRE.COM, December 27, 2018 ) North America is expected to be the dominant region in the global CROs market. This dominance is primarily driven by the increasing number of clinical trials, and rapid growth of biosmilars and biologics market, are going to propel the growth of CROs market. The large adoption in the trend of CROs has been witnessed not only by the pharmaceutical companies, but also by government organizations. For instance, in January 2015, the U.S. government allotted a fund of US$ 215 million as an initiative in precision medicine. On the other hand, Asia Pacific is expected to witness significant growth in the market owing to factors such as lower cost of clinical trials, and increasing number of pharmaceutical and biotech companies in the region.
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The global CROs market estimated to grow at a CAGR of 8.6% during the forecast period from 2018 to 2025. The market for CROs was valued at USD 35,818.9 Mn in 2017 and is estimated to reach US$ 68,198.3 Mn by 2025.
The global CROs market is segmented on the basis of type, end user and geography. On the basis of type, the market is segmented into early phase services, clinical research services, laboratory services, and post-approval services. On the basis of end user, the CROs market is segmented into pharmaceutical & biotechnology companies and medical devices companies.
The CROs market is aimed to describe, define and estimate the forecast for market size of the CROs till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global CROs market. The market report for CROs is appropriate to cater the needs and demands of various stakeholders that include pharmaceutical, biotechnology and medical companies in the form of research services.
List of Companies Mentioned in this Report are -
1. IQVIA
2. PAREXEL International Corporation
3. Syneos Health
4. Laboratory Corporation of America Holdings
5. PRA Health Sciences, Inc.
6. Charles River
7. ICON plc
8. Pharmaceutical Product Development, LLC.
9. WuXi AppTec
10. Medpace
Reasons to Buy this Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the CROs market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global CROs market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Get a Sample Copy at https://www.theinsightpartners.com/sample/TIPBT00002008
The global CROs market estimated to grow at a CAGR of 8.6% during the forecast period from 2018 to 2025. The market for CROs was valued at USD 35,818.9 Mn in 2017 and is estimated to reach US$ 68,198.3 Mn by 2025.
The global CROs market is segmented on the basis of type, end user and geography. On the basis of type, the market is segmented into early phase services, clinical research services, laboratory services, and post-approval services. On the basis of end user, the CROs market is segmented into pharmaceutical & biotechnology companies and medical devices companies.
The CROs market is aimed to describe, define and estimate the forecast for market size of the CROs till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global CROs market. The market report for CROs is appropriate to cater the needs and demands of various stakeholders that include pharmaceutical, biotechnology and medical companies in the form of research services.
List of Companies Mentioned in this Report are -
1. IQVIA
2. PAREXEL International Corporation
3. Syneos Health
4. Laboratory Corporation of America Holdings
5. PRA Health Sciences, Inc.
6. Charles River
7. ICON plc
8. Pharmaceutical Product Development, LLC.
9. WuXi AppTec
10. Medpace
Reasons to Buy this Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the CROs market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global CROs market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
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The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results