Contract Research Organization (CROs) Services Market - Trends Forecast Till 2028

Market Overview

The contract research organization (CRO) services market is projected to reach USD 86.5 billion by 2026 from USD 53.2 billion in 2021, at a CAGR of 10.7% during the forecast period.

The increasing number of clinical trials and the rising prevalence of orphan and rare diseases are some of the factors that have supported long-term expansion for Contract Research Organization (CROs) Services Market.

Key Findings

Contract Research Organization (CROs) Services Market is segmented into type, therapeutic area, molecule type, end user and geography.

Type segment is segmented into early phase development services, clinical research services, laboratory services, consulting services, and data management.

Therapeutic area segment is segmented into Oncology, Infectious Diseases, Neurology, CVS, Metabolic Disorders/Endocrinology, Immunological Disorders, Respiratory Disorders, Psychiatry, Dermatology, Haematology, Ophthalmology, Gastrointestinal and Genitourinary & Women’s Health

Molecule type vaccines and cell and gene therapy diseases.

End user segment is segmented into pharmaceutical & biotechnology companies, medical device companies and academic institutes.

Geographically, the global Contract Research Organization (CROs) Services market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.

Competitive Landscape

Key players in global Contract Research Organization (CROs) Services market are IQVIA (US), LabCorp (US), Charles River Laboratories (US), WuXi AppTec (China), Syneos Health (US), Parexel International (US), PPD (US), ICON Plc (US), Medpace Holdings (US), SGS (Switzerland), PSI CRO AG (US), Axcent Advanced Analytics (US), BIO Agile Therapeutics (US), Firma Clinical Research (US), Acculab Life Sciences (US), Azelix (US), CTserv (US), Pepgra (UK), and Dove Quality Solutions (US), Novotech Health Holding (Australia), Geneticist Inc. (US), Linical Americas (US), Frontage Holding Corporation (US), and Celerion (US).

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns. 

Report Scope