Clinical Research Organization Market

Global Clinical Research Organization Market Size, Trends & Analysis - Forecasts to 2028 By Type (Drug Discovery, Pre-clinical, and Clinical), By Service (Project Management/Clinical Supply Management, Data Management, Regulatory/Medical Affairs, Medical Writing, Clinical Monitoring, Quality Management/ Assurance, Bio-statistics, Investigator Payments, Laboratory, Patient and site Recruitment, Technology, and Others), By Application (Oncology, Cardiovascular, Autoimmune/Inflammation, Central nervous system (CNS), Dermatology, Infectious diseases, Diabetes, Pain, and Others), By End User (Pharmaceutical & Biopharmaceutical Companies, Medical Device Companies, and Others), and By Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Healthcare
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on April 28 2024 with the latest and most recent market numbers

Global Clinical Research Organization Market Size

The global clinical research organization market is projected to grow at a CAGR of 7.6% from 2023 to 2028.

Clinical research organizations (CROs) offer outsourced services to the biotechnology and pharmaceutical sectors. They carry out clinical studies for novel medications and treatments. Drug firms themselves or academic institutions doing the trials can hire CROs. CROs are created to save expenses for businesses creating novel medications and pharmaceuticals for specialized markets. They want to make the medication market entrance and development simpler because it is no longer necessary for huge pharmaceutical corporations to handle everything "in-house”. These organizations offer services that can speed up the whole process of bringing a novel technology or medication to market, from concept creation through FDA marketing approval, without the requirement for the drug's sponsor to keep any people on staff to deliver these services. The pharmaceutical and drug development companies devote a lot of resources and funding to CROs supporting more globally coordinated and collaborative research activities as a result of the growing priority placed on research and development. This is the rationale behind the rising importance of strategic alliances in the value chain for novel medication development.

The increasing demand for efficient and cost-effective drug development processes, increased research and development spending in the pharmaceutical industry, and the growing demand for new clinical trial designs for cell & gene therapies are expected to support the growth of the market during the forecast period. Additionally, the market is expanding as a result of the increased incidence of chronic diseases, the high cost of in-house drug research, the focus on rare diseases, and the numerous orphan medications in development.

CROs play a crucial role in clinical trials as they have plenty of opportunities in the fast-expanding therapeutic disciplines of oncology, neurology, cardiology, and vaccines. To increase patient involvement, study compliance, and continuous monitoring, CROs can include telemedicine and digital health technologies in clinical trials, which presents an opportunity for the major players in the global market. However, CROs continue to face a various challenges, such as commoditization, intense competition, and cutting-edge patient engagement models. Due to market segmentation and larger businesses capturing a larger share of the market, smaller CROs are under pressure.

Well-established companies these areas can provide pharmaceutical and biotechnology companies with specialized services and support for both real-world research and virtual studies, which can reduce the length and cost of the trial. They may now also provide specialized services in data analytics and machine learning due to the increasing accessibility of real-time data in clinical trials. To do this, one may use predictive analytics to anticipate risks, identify trends, and enhance research design, which contributes to the expansion of the global market.

Digital therapies are software-based treatments intended to treat or manage medical diseases. CROs have become more involved in the development and assessment of these interventions. To improve patient results, these therapies are frequently utilized in conjunction with conventional pharmacological techniques. CROs were using big data and sophisticated analytics approaches to glean valuable insights from vast amounts of clinical and patient data. This support better decision-making, trend spotting, and trial protocol optimization.

global clinical research organization market

Global Clinical Research Organization Market: By Type

The pre-clinical is expected to be the fastest-growing segment in the market during the forecast period. Leading CROs have amassed a large amount of pre-clinical experience, and CROs are utilizing this expertise to provide highly effective and precise pre-clinical services. Additionally, CROs let small and midsize businesses participate in the difficult drug development process without having to make a substantial investment in capital equipment. Pre-clinical trials are more successful, according to an article by Anju Life Sciences Software that was published in March 2021, due to higher data quality, better safety judgments, lower trial operating expenses, and quicker study execution.

The clinical segment holds the largest share of the market during the forecast period. The segment is expanding due to the rising incidence of chronic diseases and the rising demand for rapid and precise disease diagnostics.

Global Clinical Research Organization Market: By Service

Data management is anticipated to be the fastest-growing segment in the market during the forecast period. To collect data from clinical trial locations, data management entails using electronic data capture (EDC) systems or using alternative data gathering techniques. This can entail making case report forms (CRFs) and guaranteeing that the information gathered conforms with legal requirements.

The project management/clinical supply management segment holds the largest share of the market. Clinical trial design, coordination, and execution are the main goals of these services, which also make sure that clinical supplies are available and managed appropriately. In the CRO industry, project management services entail supervising every component of a clinical study to guarantee its proper execution within specified schedules and financial restrictions. Clinical supply management services prioritize the prompt and effective provision of research medications, medical equipment, and other materials needed for the clinical trial.

Global Clinical Research Organization Market: By Application

The central nervous system (CNS) is anticipated to be the fastest-growing segment in the market during the forecast period. CROs are essential to the management of clinical trials for CNS illnesses including Parkinson's, Alzheimer's, and other similar conditions. They offer knowledge in protocol formulation, location choice, patient recruiting, and trial administration as a whole.

The oncology segment holds the largest share of the market. Preclinical research, clinical trials, and other stages of the drug development process are all supported by a variety of services offered by oncology CROs. Since there are many different medications being developed in the cancer industry, oncology CROs need to have a thorough understanding of the disease process and cutting-edge therapies. Additionally, they must be able to plan and carry out clinical studies that adhere to the exacting requirements of the FDA and other authorities.

Global Clinical Research Organization Market: By End User

The medical device companies is anticipated to be the fastest-growing segment in the market during the forecast period. Clinical trials for new or enhanced medical devices are carried out by CROs on behalf of medical device manufacturers. CROs offer competence in patient recruiting, data management, regulatory compliance, research design, and statistical analysis. They aid manufacturers of medical devices in navigating the challenging world of clinical research and support the efficient and successful conduct of clinical studies.

The pharmaceutical & biopharmaceutical companies segment holds the largest share of the market. Due to the complicated nature of the drug development process, pharmaceutical companies are increasingly depending on CROs for drug research and development services. In order to cut costs and speed up time to market, biotechnology companies are also outsourcing their R&D operations to CROs. Thus, it is anticipated that increasing investment in R&D spending would fuel this segment's growth throughout the forecast period.

asia pacific clinical research organization market

Global Clinical Research Organization Market: By Region

Regionally, North America is projected to hold the leading position in the global region in the market. This is due to the region conducting a rising number of clinical trials as well as the existence of several CROs in nations like the United States and Canada. CRO companies are in great demand throughout the region as the desire to outsource R&D operations grows.

Asia Pacific is predicted to have rapid growth during the forecast period. This can be attributed to elements including rising healthcare costs, expanding government funding for clinical research, and an increase in the number of people with chronic illnesses. Clinical trials are being conducted in China at a higher rate thanks to the government's and China's Food and Drug Administration's regulatory flexibility.

Europe market is anticipated to see stable market growth throughout the forecast period due to the favorable reimbursement policies for clinical trials and the rising number of biopharmaceutical businesses.

Global Clinical Research Organization Market Share and Competitor Analysis

Some of the key players in the global clinical research organization market are ICON Plc, Charles River Laboratories (CRL), Syneos Health, IQVIA HOLDINGS INC., GVK Biosciences Private Limited, Laboratory Corporation of America Holdings, Thermo Fisher Scientific Inc., PAREXEL INTERNATIONAL CORPORATION, Medidata Solutions, Inc., and Pharmaron among others..

Please note: This is not an exhaustive list of companies profiled in the report.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

2.4   Data Metrics on Feed Stocks

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL CLINICAL RESEARCH ORGANIZATION MARKET, BY TYPE

4.1   Introduction

4.2   Clinical Research Organization Market: Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Drug Discovery

4.4.1        Drug Discovery Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Pre-Clinical

4.5.1        Pre-Clinical Market Estimates and Forecast, 2020-2028 (USD Million)

4.6   Clinical

4.6.1        Clinical Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL CLINICAL RESEARCH ORGANIZATION MARKET, BY SERVICE

5.1   Introduction

5.2   Clinical Research Organization Market: Service Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Project Management/Clinical Supply Management

5.4.1        Project Management/Clinical Supply Management Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Data Management

5.5.1        Data Management Market Estimates and Forecast, 2020-2028 (USD Million)

5.6   Regulatory/Medical Affairs

5.6.1        Regulatory/Medical Affairs Market Estimates and Forecast, 2020-2028 (USD Million)

5.7   Medical Writing

5.7.1        Medical Writing Market Estimates and Forecast, 2020-2028 (USD Million)

5.8   Clinical Monitoring

5.8.1        Clinical Monitoring Market Estimates and Forecast, 2020-2028 (USD Million)

5.9   Quality Management/ Assurance

5.9.1        Quality Management/ Assurance Market Estimates and Forecast, 2020-2028 (USD Million)

5.10 Bio-statistics

5.10.1      Bio-statistics Market Estimates and Forecast, 2020-2028 (USD Million)

5.11 Investigator Payments

5.11.1      Investigator Payments Market Estimates and Forecast, 2020-2028 (USD Million)

5.12 Laboratory

5.12.1      Laboratory Market Estimates and Forecast, 2020-2028 (USD Million)

5.13 Patient and site Recruitment

5.13.1      Patient and site Recruitment Market Estimates and Forecast, 2020-2028 (USD Million)

5.14 Technology

5.14.1      Technology Market Estimates and Forecast, 2020-2028 (USD Million)

5.15 Others

5.15.1      Others Market Estimates and Forecast, 2020-2028 (USD Million)

6         GLOBAL CLINICAL RESEARCH ORGANIZATION MARKET, BY APPLICATION

6.1   Introduction

6.2   Clinical Research Organization Market: Application Scope Key Takeaways

6.3   Revenue Growth Analysis, 2022 & 2028

6.4   Oncology

6.4.1        Oncology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5   Cardiovascular

6.5.1        Cardiovascular Market Estimates and Forecast, 2020-2028 (USD Million)

6.6   Autoimmune/Inflammation

6.6.1        Autoimmune/Inflammation Market Estimates and Forecast, 2020-2028 (USD Million)

6.7   Central nervous system (CNS)

6.7.1        Central nervous system (CNS) Market Estimates and Forecast, 2020-2028 (USD Million)

6.8   Dermatology

6.8.1        Dermatology Market Estimates and Forecast, 2020-2028 (USD Million)

6.9   Infectious diseases

6.9.1        Infectious diseases Market Estimates and Forecast, 2020-2028 (USD Million)

6.10 Diabetes

6.10.1      Diabetes Market Estimates and Forecast, 2020-2028 (USD Million)

6.11 Pain

6.11.1      Pain Market Estimates and Forecast, 2020-2028 (USD Million)

6.12 Others

6.12.1      Others Market Estimates and Forecast, 2020-2028 (USD Million)

7         GLOBAL CLINICAL RESEARCH ORGANIZATION MARKET, BY END USER

7.1   Introduction

7.2   Clinical Research Organization Market: End User Scope Key Takeaways

7.3   Revenue Growth Analysis, 2022 & 2028

7.4   Pharmaceutical & Biopharmaceutical Companies

7.4.1        Pharmaceutical & Biopharmaceutical Companies Market Estimates and Forecast, 2020-2028 (USD Million)

7.5   Medical Device Companies

7.5.1        Medical Device Companies Market Estimates and Forecast, 2020-2028 (USD Million)

7.6   Others

7.6.1        Others Market Estimates and Forecast, 2020-2028 (USD Million)

8          GLOBAL CLINICAL RESEARCH ORGANIZATION MARKET, BY REGION

8.1   Introduction

8.2   North America Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.1        By Type

8.2.2        By Service

8.2.3        By Application

8.2.4        By End User  

8.2.5        By Country

8.2.5.1     U.S. Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.1.1        By Type

8.2.5.1.2        By Service

8.2.5.1.3        By Application

8.2.5.1.4        By End User

8.2.5.2     Canada Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.2.1        By Type

8.2.5.2.2        By Service

8.2.5.2.3        By Application

8.2.5.2.4        By End User

8.2.5.3     Mexico Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.2.5.3.1        By Type

8.2.5.3.2        By Service

8.2.5.3.3        By Application

8.2.5.3.4        By End User

8.3   Europe Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.1        By Type

8.3.2        By Service

8.3.3        By Application

8.3.4        By End User  

8.3.5        By Country

8.3.5.1     Germany Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.1.1        By Type

8.3.5.1.2        By Service

8.3.5.1.3        By Application

8.3.5.1.4        By End User

8.3.5.2     U.K. Presered Flowers Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.2.1        By Type

8.3.5.2.2        By Service

8.3.5.2.3        By Application

8.3.5.2.4        By End User

8.3.5.3     France Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.3.1        By Type

8.3.5.3.2        By Service

8.3.5.3.3        By Application

8.3.5.3.4        By End User

8.3.5.4     Italy Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.4.1        By Type

8.3.5.4.2        By Service

8.3.5.4.3        By Application

8.3.5.4.4        By End User

8.3.5.5     Spain Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.5.1        By Type

8.3.5.5.2        By Service

8.3.5.5.3        By Application

8.3.5.5.4        By End User

8.3.5.6     Netherlands Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.6.1        By Type

8.3.5.6.2        By Service

8.3.5.6.3        By Application

8.3.5.6.4        By End User

8.3.5.7     Rest of Europe Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.3.5.7.1        By Type

8.3.5.7.2        By Service

8.3.5.7.3        By Application

8.3.5.7.4        By End User

8.4   Asia Pacific Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.1        By Type

8.4.2        By Service

8.4.3        By Application

8.4.4        By End User  

8.4.5        By Country

8.4.5.1     China Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.1.1        By Type

8.4.5.1.2        By Service

8.4.5.1.3        By Application

8.4.5.1.4        By End User

8.4.5.2     Japan Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.2.1        By Type

8.4.5.2.2        By Service

8.4.5.2.3        By Application

8.4.5.2.4        By End User

8.4.5.3     India Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.3.1        By Type

8.4.5.3.2        By Service

8.4.5.3.3        By Application

8.4.5.3.4        By End User

8.4.5.4     South Korea Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.4.1        By Type

8.4.5.4.2        By Service

8.4.5.4.3        By Application

8.4.5.4.4        By End User

8.4.5.5     Singapore Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.5.1        By Type

8.4.5.5.2        By Service

8.4.5.5.3        By Application

8.4.5.5.4        By End User

8.4.5.6     Malaysia Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.6.1        By Type

8.4.5.6.2        By Service

8.4.5.6.3        By Application

8.4.5.6.4        By End User

8.4.5.7     Thailand Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.7.1        By Type

8.4.5.7.2        By Service

8.4.5.7.3        By Application

8.4.5.7.4        By End User

8.4.5.8     Indonesia Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.8.1        By Type

8.4.5.8.2        By Service

8.4.5.8.3        By Application

8.4.5.8.4        By End User

8.4.5.9     Vietnam Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.9.1        By Type

8.4.5.9.2        By Service

8.4.5.9.3        By Application

8.4.5.9.4        By End User

8.4.5.10  Taiwan Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.10.1      By Type

8.4.5.10.2      By Service

8.4.5.10.3      By Application

8.4.5.10.4      By End User

8.4.5.11  Rest of Asia Pacific Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.4.5.11.1      By Type

8.4.5.11.2      By Service

8.4.5.11.3      By Application

8.4.5.11.4      By End User

8.5   Middle East and Africa Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.1        By Type

8.5.2        By Service

8.5.3        By Application

8.5.4        By End User  

8.5.5        By Country

8.5.5.1     Saudi Arabia Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.1.1        By Type

8.5.5.1.2        By Service

8.5.5.1.3        By Application

8.5.5.1.4        By End User

8.5.5.2     U.A.E. Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.2.1        By Type

8.5.5.2.2        By Service

8.5.5.2.3        By Application

8.5.5.2.4        By End User

8.5.5.3     Israel Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.4.3.1        By Type

8.5.4.3.2        By Service

8.5.4.3.3        By Application

8.5.5.3.4        By End User

8.5.5.4     South Africa Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.4.1        By Type

8.5.5.4.2        By Service

8.5.5.4.3        By Application

8.5.5.4.4        By End User

8.5.5.5     Rest of Middle East and Africa Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.5.5.5.1        By Type

8.5.5.5.2        By Service

8.5.5.5.2        By Application

8.5.5.5.4        By End User

8.6   Central & South America Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.1        By Type

8.6.2        By Service

8.6.3        By Application

8.6.4        By End User

8.6.5        By Country

8.6.5.1     Brazil Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.1.1        By Type

8.6.5.1.2        By Service

8.6.5.1.3        By Application

8.6.5.1.4        By End User

8.6.5.2     Argentina Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.2.1        By Type

8.6.5.2.2        By Service

8.6.5.2.3        By Application

8.6.5.2.4        By End User

8.6.5.3     Chile Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.3.1        By Type

8.6.5.3.2        By Service

8.6.5.3.3        By Application

8.6.5.5.4        By End User

8.6.5.4     Rest of Central & South America Clinical Research Organization Market Estimates and Forecast, 2020-2028 (USD Million)

8.6.5.4.1        By Type

8.6.5.4.2        By Service

8.6.5.4.3        By Application

8.6.5.4.4        By End User

9          COMPETITIVE LANDCAPE

9.1   Company Market Share Analysis

9.2   Four Quadrant Positioning Matrix

9.2.1        Market Leaders

9.2.2        Market Visionaries

9.2.3        Market Challengers

9.2.4        Niche Market Players

9.3   Vendor Landscape

9.3.1        North America

9.3.2        Europe

9.3.3        Asia Pacific

9.3.4        Rest of the World

9.4   Company Profiles  

9.4.1        ICON Plc

9.4.1.1 Business Description & Financial Analysis

9.4.1.2 SWOT Analysis

9.4.1.3 Products & Services Offered

9.4.1.4 Strategic Alliances between Business Partners

9.4.2        Charles River Laboratories (CRL)

9.4.2.1 Business Description & Financial Analysis

9.4.2.2 SWOT Analysis

9.4.2.3 Products & Services Offered

9.4.2.4 Strategic Alliances between Business Partners

9.4.3        Syneos Health

9.4.3.1 Business Description & Financial Analysis

9.4.3.2 SWOT Analysis

9.4.3.3 Products & Services Offered

9.4.3.4 Strategic Alliances between Business Partners

9.4.4        IQVIA HOLDINGS INC.

9.4.4.1 Business Description & Financial Analysis

9.4.4.2 SWOT Analysis

9.4.4.3 Products & Services Offered

9.4.4.4 Strategic Alliances between Business Partners

9.4.5        Laboratory Corporation of America Holdings

9.4.5.1 Business Description & Financial Analysis

9.4.5.2 SWOT Analysis

9.4.5.3 Products & Services Offered

9.4.5.4 Strategic Alliances between Business Partners

9.4.6        THERMO FISHER SCIENTIFIC INC.

9.4.6.1 Business Description & Financial Analysis

9.4.6.2 SWOT Analysis

9.4.6.3 Products & Services Offered

9.4.6.4 Strategic Alliances between Business Partners

9.4.7        PAREXEL INTERNATIONAL CORPORATION  

9.4.7.1 Business Description & Financial Analysis

9.4.7.2 SWOT Analysis

9.4.7.3 Products & Services Offered

9.4.8.4 Strategic Alliances between Business Partners

9.4.8        Medidata Solutions, Inc.

9.4.8.1 Business Description & Financial Analysis

9.4.8.2 SWOT Analysis

9.4.8.3 Products & Services Offered

9.4.8.4 Strategic Alliances between Business Partners

9.4.9        Pharmaron

9.4.9.1 Business Description & Financial Analysis

9.4.9.2 SWOT Analysis

9.4.9.3 Products & Services Offered

9.4.9.4 Strategic Alliances between Business Partners

9.4.10       GVK Biosciences Private Limited

9.4.10.1 Business Description & Financial Analysis

9.4.10.2 SWOT Analysis

9.4.10.3 Products & Services Offered

9.4.10.4 Strategic Alliances between Business Partners

9.4.11      Other Companies

9.4.11.1 Business Description & Financial Analysis

9.4.11.2 SWOT Analysis

9.4.11.3 Products & Services Offered

9.4.11.4 Strategic Alliances between Business Partners

10        RESEARCH METHODOLOGY

10.1 Market Introduction

10.1.1      Market Definition

10.1.2      Market Scope & Segmentation

10.2 Information Procurement

10.2.1      Secondary Research

10.2.1.1           Purchased Databases

10.2.1.2           GMEs Internal Data Repository

10.2.1.3           Secondary Resources & Third Party Perspectives

10.2.1.4           Company Information Sources

10.2.2      Primary Research

10.2.2.1           Various Service of Respondents for Primary Interviews

10.2.2.2           Number of Interviews Conducted throughout the Research Process

10.2.2.3           Primary Stakeholders

10.2.2.4           Discussion Guide for Primary Participants

10.2.3      Expert Panels

10.2.3.1           Expert Panels Across 30+ Industry

10.2.4      Paid Local Experts

10.2.4.1           Paid Local Experts Across 30+ Industry Across each Region

10.3 Market Estimation

10.3.1      Top-Down Approach

10.3.1.1           Macro-Economic Indicators Considered

10.3.1.2           Micro-Economic Indicators Considered

10.3.2      Bottom Up Approach

10.3.2.1           Company Share Analysis Approach

10.3.2.2           Estimation of Potential Product Sales

10.4 Data Triangulation

10.4.1      Data Collection

10.4.2      Time Series, Cross Sectional & Panel Data Analysis

10.4.3      Cluster Analysis

10.5 Analysis and Output

10.5.1      Inhouse AI Based Real Time Analytics Tool

10.5.2      Output From Desk & Primary Research

10.6 Research Assumptions & Limitations

10.7.1      Research Assumptions

10.7.2      Research Limitations

LIST OF TABLES

1 Global Clinical Research Organization Market, By Type, 2020-2028 (USD Mllion)

2 Drug Discovery Market, By Region, 2020-2028 (USD Mllion)            

3 Pre-Clinical Market, By Region, 2020-2028 (USD Mllion)   

4 Clinical Market, By Region, 2020-2028 (USD Mllion)             

5 Global Clinical Research Organization Market, By Service, 2020-2028 (USD Mllion)

6 Project Management/Clinical Supply Management Market, By Region, 2020-2028 (USD Mllion)       

7 Data Management Market, By Region, 2020-2028 (USD Mllion)

8 Regulatory/Medical Affairs Market, By Region, 2020-2028 (USD Mllion)

9 Medical Writing Market, By Region, 2020-2028 (USD Mllion)

10 Clinical Monitoring Market, By Region, 2020-2028 (USD Mllion)

11 Quality Management/ Assurance Market, By Region, 2020-2028 (USD Mllion)

12 Bio-statistics Market, By Region, 2020-2028 (USD Mllion)

13 Investigator Payments Market, By Region, 2020-2028 (USD Mllion)

14 Laboratory Market, By Region, 2020-2028 (USD Mllion)

15 Patient and site Recruitment Market, By Region, 2020-2028 (USD Mllion)

16 Technology Market, By Region, 2020-2028 (USD Mllion)

17 Others Market, By Region, 2020-2028 (USD Mllion)

18 Global Clinical Research Organization Market, By Application, 2020-2028 (USD Mllion)

19 Oncology Market, By Region, 2020-2028 (USD Mllion)         

20 Cardiovascular Market, By Region, 2020-2028 (USD Mllion)          

21 Autoimmune/Inflammation Market, By Region, 2020-2028 (USD Mllion)  

22 Central nervous system (CNS) Market, By Region, 2020-2028 (USD Mllion)            

23 Dermatology Market, By Region, 2020-2028 (USD Mllion)

24 Infectious diseases Market, By Region, 2020-2028 (USD Mllion)

25 Diabetes Market, By Region, 2020-2028 (USD Mllion)

26 Pain Market, By Region, 2020-2028 (USD Mllion)

27 Others Market, By Region, 2020-2028 (USD Mllion)

28 Global Clinical Research Organization Market, By END USER, 2020-2028 (USD Mllion)

29 Pharmaceutical & Biopharmaceutical Companies Market, By Region, 2020-2028 (USD Mllion)

30 Medical Device Companies Market, By Region, 2020-2028 (USD Mllion)    

31 Others Market, By Region, 2020-2028 (USD Mllion)

32 Regional Analysis, 2020-2028 (USD Mllion)

33 North America Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

34 North America Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

35 North America Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

36 North America Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

37 North America Clinical Research Organization Market, By Country, 2020-2028 (USD Million)

38 U.S Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

39 U.S Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

40 U.S Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

41 U.S Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

42 Canada Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

43 Canada Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

44 Canada Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

45 CANADA Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

46 Mexico Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

47 Mexico Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

48 Mexico Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

49 mexico Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

50 Europe Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

51 Europe Clinical Research Organization Market, By service, 2020-2028 (USD Million)

52 Europe Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

53 europe Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

54 europe Clinical Research Organization Market, By country, 2020-2028 (USD Million)

55 Germany Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

56 Germany Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

57 Germany Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

58 germany Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

59 UK Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

60 UK Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

61 UK Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

62 U.kClinical Research Organization Market, By End User, 2020-2028 (USD Million)

63 France Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

64 France Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

65 France Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

66 france Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

67 Italy Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

68 Italy Clinical Research Organization Market, By T Service Type, 2020-2028 (USD Million)

69 Italy Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

70 italy Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

71 Spain Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

72 Spain Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

73 Spain Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

74 spain Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

75 Rest Of Europe Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

76 Rest Of Europe Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

77 Rest of Europe Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

78 REST OF EUROPE Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

79 Asia Pacific Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

80 Asia Pacific Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

81 Asia Pacific Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

82 asia Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

83 Asia Pacific Clinical Research Organization Market, By Country, 2020-2028 (USD Million)

84 China Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

85 China Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

86 China Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

87 china Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

88 India Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

89 India Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

90 India Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

91 india Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

92 Japan Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

93 Japan Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

94 Japan Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

95 japan Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

96 South Korea Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

97 South Korea Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

98 South Korea Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

99 south korea Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

100 Middle East and Africa Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

101 Middle East and Africa Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

102 Middle East and Africa Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

103 MIDDLE EAST and AFRICA Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

104 Middle East and Africa Clinical Research Organization Market, By Country, 2020-2028 (USD Million)

105 Saudi Arabia Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

106 Saudi Arabia Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

107 Saudi Arabia Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

108 saudi arabia Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

109 UAE Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

110 UAE Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

111 UAE Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

112 uae Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

113 Central & South America Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

114 Central & South America Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

115 Central & South America Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

116 CENTRAL & SOUTH AMERICA Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

117 Central & South America Clinical Research Organization Market, By Country, 2020-2028 (USD Million)

118 Brazil Clinical Research Organization Market, By Type, 2020-2028 (USD Million)

119 Brazil Clinical Research Organization Market, By Service, 2020-2028 (USD Million)

120 Brazil Clinical Research Organization Market, By Application, 2020-2028 (USD Million)

121 brazil Clinical Research Organization Market, By End User, 2020-2028 (USD Million)

122 ICON Plc: Products & Services Offering

123 Charles River Laboratories (CRL): Products & Services Offering              

124 Syneos Health: Products & Services Offering         

125 IQVIA HOLDINGS INC.: Products & Services Offering               

126 Laboratory Corporation of America Holdings: Products & Services Offering 

127 THERMO FISHER SCIENTIFIC INC.: Products & Services Offering        

128 PAREXEL INTERNATIONAL CORPORATION : Products & Services Offering        

129 Medidata Solutions, Inc.: Products & Services Offering 

130 Pharmaron, Inc: Products & Services Offering     

131  GVK Biosciences Private Limited: Products & Services Offering 

132 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Clinical Research Organization Market Overview

2 Global Clinical Research Organization Market Value From 2020-2028 (USD Mllion)

3 Global Clinical Research Organization Market Share, By Type (2022)

4 Global Clinical Research Organization Market Share, By Service (2022)

5 Global Clinical Research Organization Market Share, By Application (2022)

6 Global Clinical Research Organization Market Share, By End User (2022)

7 Global Clinical Research Organization Market, By Region (Asia Pacific Market)

8 Technological Trends In Global Clinical Research Organization Market

9 Four Quadrant Competitor Positioning Matrix

10 Impact Of Macro & Micro Indicators On The Market

11 Impact Of Key Drivers On The Global Clinical Research Organization Market

12 Impact Of Challenges On The Global Clinical Research Organization Market

13 Porter’s Five Forces Analysis

14 Global Clinical Research Organization Market: By Type Scope Key Takeaways

15 Global Clinical Research Organization Market, By Type Segment: Revenue Growth Analysis

16 Drug Discovery Market, By Region, 2020-2028 (USD Mllion)

17 Pre-Clinical Market, By Region, 2020-2028 (USD Mllion)

18 Clinical Market, By Region, 2020-2028 (USD Mllion)

19 Global Clinical Research Organization Market: By Service Scope Key Takeaways

20 Global Clinical Research Organization Market, By Service Segment: Revenue Growth Analysis

21 Project Management/Clinical Supply Management Market, By Region, 2020-2028 (USD Mllion)

22 Data Management Market, By Region, 2020-2028 (USD Mllion)

23 Regulatory/Medical Affairs Market, By Region, 2020-2028 (USD Mllion)

24 Medical Writing Market, By Region, 2020-2028 (USD Mllion)

25 Clinical Monitoring Market, By Region, 2020-2028 (USD Mllion)

26 Quality Management/ Assurance Market, By Region, 2020-2028 (USD Mllion)

27 Bio-statistics Market, By Region, 2020-2028 (USD Mllion)

28 Investigator Payments Market, By Region, 2020-2028 (USD Mllion)

29 Laboratory Market, By Region, 2020-2028 (USD Mllion)

30 Patient and site Recruitment Market, By Region, 2020-2028 (USD Mllion)

31 Technology Market, By Region, 2020-2028 (USD Mllion)

32 Others Market, By Region, 2020-2028 (USD Mllion)

33 Global Clinical Research Organization Market: By Application Scope Key Takeaways

34 Global Clinical Research Organization Market, By Application Segment: Revenue Growth Analysis

35 Oncology Market, By Region, 2020-2028 (USD Mllion)

36 Cardiovascular Market, By Region, 2020-2028 (USD Mllion)

37 Autoimmune/Inflammation Market, By Region, 2020-2028 (USD Mllion)

38 Central nervous system (CNS) Market, By Region, 2020-2028 (USD Mllion)

39 Dermatology Market, By Region, 2020-2028 (USD Mllion)

40 Infectious diseases Market, By Region, 2020-2028 (USD Mllion)

41 Diabetes Market, By Region, 2020-2028 (USD Mllion)

42 Pain Market, By Region, 2020-2028 (USD Mllion)

43 Others Market, By Region, 2020-2028 (USD Mllion)                

44 Global Clinical Research Organization Market: By End User Scope Key Takeaways

45 Global Clinical Research Organization Market, By End User Segment: Revenue Growth Analysis

46 Pharmaceutical & Biopharmaceutical Companies Market, By Region, 2020-2028 (USD Mllion)

47 Medical Device Companies Market, By Region, 2020-2028 (USD Mllion)

48 Others Market, By Region, 2020-2028 (USD Mllion)

49 Regional Segment: Revenue Growth Analysis

50 Global Clinical Research Organization Market: Regional Analysis

51 North America Clinical Research Organization Market Overview

52 North America Clinical Research Organization Market, By Type

53 North America Clinical Research Organization Market, By Service

54 North America Clinical Research Organization Market, By Application

55 North America Clinical Research Organization Market, By End User

56 North America Clinical Research Organization Market, By Country

57 U.S. Clinical Research Organization Market, By Type

58 U.S. Clinical Research Organization Market, By Service

59 U.S. Clinical Research Organization Market, By Application

60 U.S. Clinical Research Organization Market, By End User

61 Canada Clinical Research Organization Market, By Type

62 Canada Clinical Research Organization Market, By Service

63 Canada Clinical Research Organization Market, By Application

64 Canada Clinical Research Organization Market, By End User

65 Mexico Clinical Research Organization Market, By Type

66 Mexico Clinical Research Organization Market, By Service

67 Mexico Clinical Research Organization Market, By Application

68 Mexico Clinical Research Organization Market, By End User

69 Four Quadrant Positioning Matrix

70 Company Market Share Analysis

71 ICON Plc: Company Snapshot

72 ICON Plc: SWOT Analysis

73 ICON Plc: Geographic Presence

74 Charles River Laboratories (CRL): Company Snapshot

75 Charles River Laboratories (CRL): SWOT Analysis

76 Charles River Laboratories (CRL): Geographic Presence

77 Syneos Health: Company Snapshot

78 Syneos Health: SWOT Analysis

79 Syneos Health: Geographic Presence

80 IQVIA HOLDINGS INC.: Company Snapshot

81 IQVIA HOLDINGS INC.: Swot Analysis

82 IQVIA HOLDINGS INC.: Geographic Presence

83 Laboratory Corporation of America Holdings: Company Snapshot

84 Laboratory Corporation of America Holdings: SWOT Analysis

85 Laboratory Corporation of America Holdings: Geographic Presence

86 Thermo Fisher Scientific Inc.: Company Snapshot

87 Thermo Fisher Scientific Inc.: SWOT Analysis

88 Thermo Fisher Scientific Inc.: Geographic Presence

89 Parexel International Corporation : Company Snapshot

90 Parexel International Corporation : Swot Analysis

91 Parexel International Corporation : Geographic Presence

92 Medidata Solutions, Inc.: Company Snapshot

93 Medidata Solutions, Inc.: SWOT Analysis

94 Medidata Solutions, Inc.: Geographic Presence

95 Pharmaron, Inc.: Company Snapshot

96 Pharmaron, Inc.: SWOT Analysis

97 Pharmaron, Inc.: Geographic Presence

98  GVK Biosciences Private Limited: Company Snapshot

99  GVK Biosciences Private Limited: SWOT Analysis

100  GVK Biosciences Private Limited: Geographic Presence

101 Other Companies: Company Snapshot

102 Other Companies: SWOT Analysis

103 Other Companies: Geographic Presence

The Global Clinical Research Organization Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Clinical Research Organization Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Clinical Research Organization Market.

Clinical Research Organization Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Clinical Research Organization Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Clinical Research Organization Market Share

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The clinical research organization market is projected to grow at a CAGR of 7.6% from 2023 to 2028.
Some of the key players in the global clinical research organization market are ICON Plc, Charles River Laboratories (CRL), Syneos Health, IQVIA HOLDINGS INC., GVK Biosciences Private Limited, Laboratory Corporation of America Holdings, Thermo Fisher Scientific Inc., PAREXEL INTERNATIONAL CORPORATION, Medidata Solutions, Inc., and Pharmaron among others.
For businesses without the necessary infrastructure, such as a clinical trial procedure, CROs play a crucial role in clinical trials. Clinical research organizations (CROs) have plenty of opportunities in the fast-expanding therapeutic disciplines of oncology, neurology, cardiology, and vaccines. To increase patient involvement, study compliance, and continuous monitoring, CROs can include telemedicine and digital health technologies in clinical trials, which presents an opportunity for the major players in the global market.
Growing research and development activities, increasing demand for novel drugs, and growing government initiatives for clinical research are some of the key factors propelling the market growth.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius