Healthcare Contract Research Organization Services Market: 2020 Global Industry Size, Growth, Demand, Key Insights, Development Scenario, Top Key Players and Forecast to 2025

Press Release

The Global Healthcare Contract Research Organization Services Market is increasing drug development cost is projected to propel the market over the forecast period.

The increasing number of patents expiring, rising number of partnerships to identify biologics & new compounds, and rising R&D costs, drug makers and sponsor companies are under pressure to replace revenue loss specifically due to generics. This has further made drug development more expensive and complex, thereby augmenting the need for healthcare CRO services. The stringent regulation for the approval of pharmaceutical and biopharmaceutical drugs is restraining the growth of the global healthcare CRO market.

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The growing numbers of mergers and acquisitions is a key trend observed in the market and will create a positive impact in the forecast period.

On the basis of type, the global healthcare contract research organization (CRO) market is segmented into drug discovery, pre-clinical and clinical. Clinical segment accumulated the highest market share in 2017 and anticipated to dominate the market throughout the forecast period. The growth of the market can be attributed to various factors such as increase in clinical trial activities, increased R&D investments of pharmaceutical and biopharmaceutical companies.

On the basis of therapeutic area, the market is segmented into oncology, cardiovascular, central nervous system and others.

Regionally, Asian market is growing with a significant rate, owing to increasing prevalence of chronic diseases, and growing demand of innovative and advanced pharmaceutical and biopharmaceutical Types in the region.

Some of the key players in the Healthcare Contract Research Organization Services market include Laboratory Corporation of America Holdings, Quintiles IMS Holdings, Inc., PAREXEL International Corporation, Charles River Laboratories, Inc., Pharmaceutical Type Development, LLC, ICON plc, PRA Health Sciences, and inVentiv Health, Inc.

Key Benefits of the Report:

*Global, Regional, Country, Therapeutic area, and Deployment Market Size and Forecast from 2014-2025

*Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies.

*Identification of key companies that can influence this market on a global and regional scale

*Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies.

* Detailed insights on emerging regions, deployment & Therapeutic area, and competitive landscape with qualitative and quantitative information and facts.

Global Healthcare Contract Research Organization Services Industry 2020 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

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Target Audience:

* Healthcare Contract Research Organization Services providers

* Traders, Importer and Exporter

* Raw material suppliers and distributors

* Research and consulting firms

* Government and research organizations

* Associations and industry bodies.

Research Methodology

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical Growth Scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:

* Hospitals

* Government Body & Associations, and

* Research Institute.

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TABLE OF CONTENT

1 Executive Summary

2 Methodology And Market Scope

3 Healthcare Contract Research Organization Services Market — Industry Outlook

4 Healthcare Contract Research Organization Services Market By Product Type

5 Healthcare Contract Research Organization Services Market Application Type

6 Healthcare Contract Research Organization Services Market Regional

7 Competitive Landscape

End Of The Report

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