Global Contract Research Organization (CRO) Supply, Demand and Key Producers, 2024-2030
Page: 133
Published Date: 20 Feb 2024
Category: Medical Care
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Contract Research Organization (CRO) market size is expected to reach $ 138070 million by 2030, rising at a market growth of 10.9% CAGR during the forecast period (2024-2030).
Global Contract Research Organization (CRO) key players include Labcorp, IQVIA, ICON, Parexel, Syneos Health, etc. Global top five manufacturers hold a share over 30%.
USA is the largest market, with a share over 45%, followed by Europe and China, both have a share over 40%.
In terms of product, Clinical Trial CRO is the largest segment, with a share over 65%. And in terms of application, the largest application is Pharmaceutical, followed by Biotechnology, Medical Device, etc.
Contract research organization (CRO) provide clinical trial and other research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
This report studies the global Contract Research Organization (CRO) demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Contract Research Organization (CRO), and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Contract Research Organization (CRO) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Contract Research Organization (CRO) total market, 2019-2030, (USD Million)
Global Contract Research Organization (CRO) total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Contract Research Organization (CRO) total market, key domestic companies and share, (USD Million)
Global Contract Research Organization (CRO) revenue by player and market share 2019-2024, (USD Million)
Global Contract Research Organization (CRO) total market by Type, CAGR, 2019-2030, (USD Million)
Global Contract Research Organization (CRO) total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Contract Research Organization (CRO) market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Labcorp, IQVIA, Syneos Health, Parexel, PRA, PPD, CRL, ICON and Wuxi Apptec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Contract Research Organization (CRO) market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Contract Research Organization (CRO) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Contract Research Organization (CRO) Market, Segmentation by Type
Preclinical CRO
Clinical Trial CRO
Global Contract Research Organization (CRO) Market, Segmentation by Application
Pharmaceutical
Biotechnology
Medical Device
Others
Companies Profiled:
Labcorp
IQVIA
Syneos Health
Parexel
PRA
PPD
CRL
ICON
Wuxi Apptec
Medpace Holdings
Key Questions Answered
1. How big is the global Contract Research Organization (CRO) market?
2. What is the demand of the global Contract Research Organization (CRO) market?
3. What is the year over year growth of the global Contract Research Organization (CRO) market?
4. What is the total value of the global Contract Research Organization (CRO) market?
5. Who are the major players in the global Contract Research Organization (CRO) market?
Table of Contents
1 Supply Summary
1.1 Contract Research Organization (CRO) Introduction
1.2 World Contract Research Organization (CRO) Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Contract Research Organization (CRO) Total Market by Region (by Headquarter Location)
1.3.1 World Contract Research Organization (CRO) Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Contract Research Organization (CRO) Market Size (2019-2030)
1.3.3 China Contract Research Organization (CRO) Market Size (2019-2030)
1.3.4 Europe Contract Research Organization (CRO) Market Size (2019-2030)
1.3.5 Japan Contract Research Organization (CRO) Market Size (2019-2030)
1.3.6 South Korea Contract Research Organization (CRO) Market Size (2019-2030)
1.3.7 ASEAN Contract Research Organization (CRO) Market Size (2019-2030)
1.3.8 India Contract Research Organization (CRO) Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Contract Research Organization (CRO) Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Contract Research Organization (CRO) Major Market Trends
2.1 World Contract Research Organization (CRO) Consumption Value (2019-2030)
2.2 World Contract Research Organization (CRO) Consumption Value by Region
2.2.1 World Contract Research Organization (CRO) Consumption Value by Region (2019-2024)
2.2.2 World Contract Research Organization (CRO) Consumption Value Forecast by Region (2025-2030)
2.3 United States Contract Research Organization (CRO) Consumption Value (2019-2030)
2.4 China Contract Research Organization (CRO) Consumption Value (2019-2030)
2.5 Europe Contract Research Organization (CRO) Consumption Value (2019-2030)
2.6 Japan Contract Research Organization (CRO) Consumption Value (2019-2030)
2.7 South Korea Contract Research Organization (CRO) Consumption Value (2019-2030)
2.8 ASEAN Contract Research Organization (CRO) Consumption Value (2019-2030)
2.9 India Contract Research Organization (CRO) Consumption Value (2019-2030)
3.1 World Contract Research Organization (CRO) Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Contract Research Organization (CRO) Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Contract Research Organization (CRO) in 2023
3.2.3 Global Concentration Ratios (CR8) for Contract Research Organization (CRO) in 2023
3.3 Contract Research Organization (CRO) Company Evaluation Quadrant
3.4 Contract Research Organization (CRO) Market: Overall Company Footprint Analysis
3.4.1 Contract Research Organization (CRO) Market: Region Footprint
3.4.2 Contract Research Organization (CRO) Market: Company Product Type Footprint
3.4.3 Contract Research Organization (CRO) Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Contract Research Organization (CRO) Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Contract Research Organization (CRO) Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Contract Research Organization (CRO) Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Contract Research Organization (CRO) Consumption Value Comparison
4.2.1 United States VS China: Contract Research Organization (CRO) Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Contract Research Organization (CRO) Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Contract Research Organization (CRO) Companies and Market Share, 2019-2024
4.3.1 United States Based Contract Research Organization (CRO) Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Contract Research Organization (CRO) Revenue, (2019-2024)
4.4 China Based Companies Contract Research Organization (CRO) Revenue and Market Share, 2019-2024
4.4.1 China Based Contract Research Organization (CRO) Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Contract Research Organization (CRO) Revenue, (2019-2024)
4.5 Rest of World Based Contract Research Organization (CRO) Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Contract Research Organization (CRO) Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Contract Research Organization (CRO) Revenue, (2019-2024)
5.1 World Contract Research Organization (CRO) Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Preclinical CRO
5.2.2 Clinical Trial CRO
5.3 Market Segment by Type
5.3.1 World Contract Research Organization (CRO) Market Size by Type (2019-2024)
5.3.2 World Contract Research Organization (CRO) Market Size by Type (2025-2030)
5.3.3 World Contract Research Organization (CRO) Market Size Market Share by Type (2019-2030)
6.1 World Contract Research Organization (CRO) Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Pharmaceutical
6.2.2 Biotechnology
6.2.3 Medical Device
6.2.4 Others
6.2.5 Others
6.3 Market Segment by Application
6.3.1 World Contract Research Organization (CRO) Market Size by Application (2019-2024)
6.3.2 World Contract Research Organization (CRO) Market Size by Application (2025-2030)
6.3.3 World Contract Research Organization (CRO) Market Size by Application (2019-2030)
7.1 Labcorp
7.1.1 Labcorp Details
7.1.2 Labcorp Major Business
7.1.3 Labcorp Contract Research Organization (CRO) Product and Services
7.1.4 Labcorp Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Labcorp Recent Developments/Updates
7.1.6 Labcorp Competitive Strengths & Weaknesses
7.2 IQVIA
7.2.1 IQVIA Details
7.2.2 IQVIA Major Business
7.2.3 IQVIA Contract Research Organization (CRO) Product and Services
7.2.4 IQVIA Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 IQVIA Recent Developments/Updates
7.2.6 IQVIA Competitive Strengths & Weaknesses
7.3 Syneos Health
7.3.1 Syneos Health Details
7.3.2 Syneos Health Major Business
7.3.3 Syneos Health Contract Research Organization (CRO) Product and Services
7.3.4 Syneos Health Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Syneos Health Recent Developments/Updates
7.3.6 Syneos Health Competitive Strengths & Weaknesses
7.4 Parexel
7.4.1 Parexel Details
7.4.2 Parexel Major Business
7.4.3 Parexel Contract Research Organization (CRO) Product and Services
7.4.4 Parexel Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Parexel Recent Developments/Updates
7.4.6 Parexel Competitive Strengths & Weaknesses
7.5 PRA
7.5.1 PRA Details
7.5.2 PRA Major Business
7.5.3 PRA Contract Research Organization (CRO) Product and Services
7.5.4 PRA Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 PRA Recent Developments/Updates
7.5.6 PRA Competitive Strengths & Weaknesses
7.6 PPD
7.6.1 PPD Details
7.6.2 PPD Major Business
7.6.3 PPD Contract Research Organization (CRO) Product and Services
7.6.4 PPD Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 PPD Recent Developments/Updates
7.6.6 PPD Competitive Strengths & Weaknesses
7.7 CRL
7.7.1 CRL Details
7.7.2 CRL Major Business
7.7.3 CRL Contract Research Organization (CRO) Product and Services
7.7.4 CRL Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 CRL Recent Developments/Updates
7.7.6 CRL Competitive Strengths & Weaknesses
7.8 ICON
7.8.1 ICON Details
7.8.2 ICON Major Business
7.8.3 ICON Contract Research Organization (CRO) Product and Services
7.8.4 ICON Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 ICON Recent Developments/Updates
7.8.6 ICON Competitive Strengths & Weaknesses
7.9 Wuxi Apptec
7.9.1 Wuxi Apptec Details
7.9.2 Wuxi Apptec Major Business
7.9.3 Wuxi Apptec Contract Research Organization (CRO) Product and Services
7.9.4 Wuxi Apptec Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Wuxi Apptec Recent Developments/Updates
7.9.6 Wuxi Apptec Competitive Strengths & Weaknesses
7.10 Medpace Holdings
7.10.1 Medpace Holdings Details
7.10.2 Medpace Holdings Major Business
7.10.3 Medpace Holdings Contract Research Organization (CRO) Product and Services
7.10.4 Medpace Holdings Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Medpace Holdings Recent Developments/Updates
7.10.6 Medpace Holdings Competitive Strengths & Weaknesses
8.1 Contract Research Organization (CRO) Industry Chain
8.2 Contract Research Organization (CRO) Upstream Analysis
8.3 Contract Research Organization (CRO) Midstream Analysis
8.4 Contract Research Organization (CRO) Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Contract Research Organization (CRO) Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Contract Research Organization (CRO) Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Contract Research Organization (CRO) Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Contract Research Organization (CRO) Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Contract Research Organization (CRO) Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Contract Research Organization (CRO) Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Contract Research Organization (CRO) Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Contract Research Organization (CRO) Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Contract Research Organization (CRO) Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Contract Research Organization (CRO) Players in 2023
Table 12. World Contract Research Organization (CRO) Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Contract Research Organization (CRO) Company Evaluation Quadrant
Table 14. Head Office of Key Contract Research Organization (CRO) Player
Table 15. Contract Research Organization (CRO) Market: Company Product Type Footprint
Table 16. Contract Research Organization (CRO) Market: Company Product Application Footprint
Table 17. Contract Research Organization (CRO) Mergers & Acquisitions Activity
Table 18. United States VS China Contract Research Organization (CRO) Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Contract Research Organization (CRO) Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Contract Research Organization (CRO) Companies, Headquarters (States, Country)
Table 21. United States Based Companies Contract Research Organization (CRO) Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Contract Research Organization (CRO) Revenue Market Share (2019-2024)
Table 23. China Based Contract Research Organization (CRO) Companies, Headquarters (Province, Country)
Table 24. China Based Companies Contract Research Organization (CRO) Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Contract Research Organization (CRO) Revenue Market Share (2019-2024)
Table 26. Rest of World Based Contract Research Organization (CRO) Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Contract Research Organization (CRO) Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Contract Research Organization (CRO) Revenue Market Share (2019-2024)
Table 29. World Contract Research Organization (CRO) Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Contract Research Organization (CRO) Market Size by Type (2019-2024) & (USD Million)
Table 31. World Contract Research Organization (CRO) Market Size by Type (2025-2030) & (USD Million)
Table 32. World Contract Research Organization (CRO) Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Contract Research Organization (CRO) Market Size by Application (2019-2024) & (USD Million)
Table 34. World Contract Research Organization (CRO) Market Size by Application (2025-2030) & (USD Million)
Table 35. Labcorp Basic Information, Area Served and Competitors
Table 36. Labcorp Major Business
Table 37. Labcorp Contract Research Organization (CRO) Product and Services
Table 38. Labcorp Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Labcorp Recent Developments/Updates
Table 40. Labcorp Competitive Strengths & Weaknesses
Table 41. IQVIA Basic Information, Area Served and Competitors
Table 42. IQVIA Major Business
Table 43. IQVIA Contract Research Organization (CRO) Product and Services
Table 44. IQVIA Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. IQVIA Recent Developments/Updates
Table 46. IQVIA Competitive Strengths & Weaknesses
Table 47. Syneos Health Basic Information, Area Served and Competitors
Table 48. Syneos Health Major Business
Table 49. Syneos Health Contract Research Organization (CRO) Product and Services
Table 50. Syneos Health Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Syneos Health Recent Developments/Updates
Table 52. Syneos Health Competitive Strengths & Weaknesses
Table 53. Parexel Basic Information, Area Served and Competitors
Table 54. Parexel Major Business
Table 55. Parexel Contract Research Organization (CRO) Product and Services
Table 56. Parexel Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Parexel Recent Developments/Updates
Table 58. Parexel Competitive Strengths & Weaknesses
Table 59. PRA Basic Information, Area Served and Competitors
Table 60. PRA Major Business
Table 61. PRA Contract Research Organization (CRO) Product and Services
Table 62. PRA Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. PRA Recent Developments/Updates
Table 64. PRA Competitive Strengths & Weaknesses
Table 65. PPD Basic Information, Area Served and Competitors
Table 66. PPD Major Business
Table 67. PPD Contract Research Organization (CRO) Product and Services
Table 68. PPD Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. PPD Recent Developments/Updates
Table 70. PPD Competitive Strengths & Weaknesses
Table 71. CRL Basic Information, Area Served and Competitors
Table 72. CRL Major Business
Table 73. CRL Contract Research Organization (CRO) Product and Services
Table 74. CRL Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. CRL Recent Developments/Updates
Table 76. CRL Competitive Strengths & Weaknesses
Table 77. ICON Basic Information, Area Served and Competitors
Table 78. ICON Major Business
Table 79. ICON Contract Research Organization (CRO) Product and Services
Table 80. ICON Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. ICON Recent Developments/Updates
Table 82. ICON Competitive Strengths & Weaknesses
Table 83. Wuxi Apptec Basic Information, Area Served and Competitors
Table 84. Wuxi Apptec Major Business
Table 85. Wuxi Apptec Contract Research Organization (CRO) Product and Services
Table 86. Wuxi Apptec Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Wuxi Apptec Recent Developments/Updates
Table 88. Medpace Holdings Basic Information, Area Served and Competitors
Table 89. Medpace Holdings Major Business
Table 90. Medpace Holdings Contract Research Organization (CRO) Product and Services
Table 91. Medpace Holdings Contract Research Organization (CRO) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 92. Global Key Players of Contract Research Organization (CRO) Upstream (Raw Materials)
Table 93. Contract Research Organization (CRO) Typical Customers
List of Figure
Figure 1. Contract Research Organization (CRO) Picture
Figure 2. World Contract Research Organization (CRO) Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Contract Research Organization (CRO) Total Market Size (2019-2030) & (USD Million)
Figure 4. World Contract Research Organization (CRO) Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Contract Research Organization (CRO) Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Contract Research Organization (CRO) Revenue (2019-2030) & (USD Million)
Figure 13. Contract Research Organization (CRO) Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 16. World Contract Research Organization (CRO) Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 18. China Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 23. India Contract Research Organization (CRO) Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Contract Research Organization (CRO) by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Contract Research Organization (CRO) Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Contract Research Organization (CRO) Markets in 2023
Figure 27. United States VS China: Contract Research Organization (CRO) Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Contract Research Organization (CRO) Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Contract Research Organization (CRO) Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Contract Research Organization (CRO) Market Size Market Share by Type in 2023
Figure 31. Preclinical CRO
Figure 32. Clinical Trial CRO
Figure 33. World Contract Research Organization (CRO) Market Size Market Share by Type (2019-2030)
Figure 34. World Contract Research Organization (CRO) Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Contract Research Organization (CRO) Market Size Market Share by Application in 2023
Figure 36. Pharmaceutical
Figure 37. Biotechnology
Figure 38. Medical Device
Figure 39. Others
Figure 40. Contract Research Organization (CRO) Industrial Chain
Figure 41. Methodology
Figure 42. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Labcorp IQVIA Syneos Health Parexel PRA PPD CRL ICON Wuxi Apptec Medpace Holdings
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