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CRO Services-Global Market Insights and Sales Trends 2025
Synopsis
Contract research organization (CRO) provide clinical trial and Others research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
The global CRO Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of CRO Services in various end use industries. The expanding demands from the Pharmaceutical Industry, Biotechnology and Medical Device Industry,, are propelling CRO Services market. Preclinical CRO, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Clinical Trial CRO segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for CRO Services market, driven by demand from China, the second largest economy with some signs of stabilising, the CRO Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for CRO Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global CRO Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global CRO Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, CRO Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of CRO Services covered in this report include PPD, ICON, Algorithme, PRA, Syneos Health, Parexel, IQVIA, Charles River - WIL Research and Covance, etc.
The global CRO Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PPD
ICON
Algorithme
PRA
Syneos Health
Parexel
IQVIA
Charles River - WIL Research
Covance
LGC
KCAS
BDS
AIT Bioscience
Frontage
WuXi AppTec
Aptuit
Envigo
Medpace
Merck Millipore Sigma
BASi
QPS
SGS
Nuvisan
Celerion
Simbec Orion
Alliance Pharma
Biopharma Services
Evotec
Eurofins
Concept Bioscience
Global CRO Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global CRO Services market, Segment by Type:
Preclinical CRO
Clinical Trial CRO
Global CRO Services market, by Application
Pharmaceutical Industry
Biotechnology
Medical Device Industry
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of CRO Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Contract research organization (CRO) provide clinical trial and Others research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.
The global CRO Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of CRO Services in various end use industries. The expanding demands from the Pharmaceutical Industry, Biotechnology and Medical Device Industry,, are propelling CRO Services market. Preclinical CRO, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Clinical Trial CRO segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for CRO Services market, driven by demand from China, the second largest economy with some signs of stabilising, the CRO Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for CRO Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global CRO Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global CRO Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, CRO Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of CRO Services covered in this report include PPD, ICON, Algorithme, PRA, Syneos Health, Parexel, IQVIA, Charles River - WIL Research and Covance, etc.
The global CRO Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PPD
ICON
Algorithme
PRA
Syneos Health
Parexel
IQVIA
Charles River - WIL Research
Covance
LGC
KCAS
BDS
AIT Bioscience
Frontage
WuXi AppTec
Aptuit
Envigo
Medpace
Merck Millipore Sigma
BASi
QPS
SGS
Nuvisan
Celerion
Simbec Orion
Alliance Pharma
Biopharma Services
Evotec
Eurofins
Concept Bioscience
Global CRO Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global CRO Services market, Segment by Type:
Preclinical CRO
Clinical Trial CRO
Global CRO Services market, by Application
Pharmaceutical Industry
Biotechnology
Medical Device Industry
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of CRO Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of CRO Services
1.1 CRO Services Market Overview
1.1.1 CRO Services Product Scope
1.1.2 CRO Services Market Status and Outlook
1.2 Global CRO Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global CRO Services Market Size by Region (2018-2029)
1.4 Global CRO Services Historic Market Size by Region (2018-2023)
1.5 Global CRO Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, CRO Services Market Size (2018-2029)
1.6.1 North America CRO Services Market Size (2018-2029)
1.6.2 Europe CRO Services Market Size (2018-2029)
1.6.3 Asia-Pacific CRO Services Market Size (2018-2029)
1.6.4 Latin America CRO Services Market Size (2018-2029)
1.6.5 Middle East & Africa CRO Services Market Size (2018-2029)
2 CRO Services Market by Type
2.1 Introduction
2.1.1 Preclinical CRO
2.1.2 Clinical Trial CRO
2.2 Global CRO Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global CRO Services Historic Market Size by Type (2018-2023)
2.2.2 Global CRO Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America CRO Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe CRO Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific CRO Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America CRO Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa CRO Services Revenue Breakdown by Type (2018-2029)
3 CRO Services Market Overview by Application
3.1 Introduction
3.1.1 Pharmaceutical Industry
3.1.2 Biotechnology
3.1.3 Medical Device Industry
3.2 Global CRO Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global CRO Services Historic Market Size by Application (2018-2023)
3.2.2 Global CRO Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America CRO Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe CRO Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific CRO Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America CRO Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa CRO Services Revenue Breakdown by Application (2018-2029)
4 CRO Services Competition Analysis by Players
4.1 Global CRO Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in CRO Services as of 2022)
4.3 Date of Key Players Enter into CRO Services Market
4.4 Global Top Players CRO Services Headquarters and Area Served
4.5 Key Players CRO Services Product Solution and Service
4.6 Competitive Status
4.6.1 CRO Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 PPD
5.1.1 PPD Profile
5.1.2 PPD Main Business
5.1.3 PPD CRO Services Products, Services and Solutions
5.1.4 PPD CRO Services Revenue (US$ Million) & (2018-2023)
5.1.5 PPD Recent Developments
5.2 ICON
5.2.1 ICON Profile
5.2.2 ICON Main Business
5.2.3 ICON CRO Services Products, Services and Solutions
5.2.4 ICON CRO Services Revenue (US$ Million) & (2018-2023)
5.2.5 ICON Recent Developments
5.3 Algorithme
5.3.1 Algorithme Profile
5.3.2 Algorithme Main Business
5.3.3 Algorithme CRO Services Products, Services and Solutions
5.3.4 Algorithme CRO Services Revenue (US$ Million) & (2018-2023)
5.3.5 PRA Recent Developments
5.4 PRA
5.4.1 PRA Profile
5.4.2 PRA Main Business
5.4.3 PRA CRO Services Products, Services and Solutions
5.4.4 PRA CRO Services Revenue (US$ Million) & (2018-2023)
5.4.5 PRA Recent Developments
5.5 Syneos Health
5.5.1 Syneos Health Profile
5.5.2 Syneos Health Main Business
5.5.3 Syneos Health CRO Services Products, Services and Solutions
5.5.4 Syneos Health CRO Services Revenue (US$ Million) & (2018-2023)
5.5.5 Syneos Health Recent Developments
5.6 Parexel
5.6.1 Parexel Profile
5.6.2 Parexel Main Business
5.6.3 Parexel CRO Services Products, Services and Solutions
5.6.4 Parexel CRO Services Revenue (US$ Million) & (2018-2023)
5.6.5 Parexel Recent Developments
5.7 IQVIA
5.7.1 IQVIA Profile
5.7.2 IQVIA Main Business
5.7.3 IQVIA CRO Services Products, Services and Solutions
5.7.4 IQVIA CRO Services Revenue (US$ Million) & (2018-2023)
5.7.5 IQVIA Recent Developments
5.8 Charles River - WIL Research
5.8.1 Charles River - WIL Research Profile
5.8.2 Charles River - WIL Research Main Business
5.8.3 Charles River - WIL Research CRO Services Products, Services and Solutions
5.8.4 Charles River - WIL Research CRO Services Revenue (US$ Million) & (2018-2023)
5.8.5 Charles River - WIL Research Recent Developments
5.9 Covance
5.9.1 Covance Profile
5.9.2 Covance Main Business
5.9.3 Covance CRO Services Products, Services and Solutions
5.9.4 Covance CRO Services Revenue (US$ Million) & (2018-2023)
5.9.5 Covance Recent Developments
5.10 LGC
5.10.1 LGC Profile
5.10.2 LGC Main Business
5.10.3 LGC CRO Services Products, Services and Solutions
5.10.4 LGC CRO Services Revenue (US$ Million) & (2018-2023)
5.10.5 LGC Recent Developments
5.11 KCAS
5.11.1 KCAS Profile
5.11.2 KCAS Main Business
5.11.3 KCAS CRO Services Products, Services and Solutions
5.11.4 KCAS CRO Services Revenue (US$ Million) & (2018-2023)
5.11.5 KCAS Recent Developments
5.12 BDS
5.12.1 BDS Profile
5.12.2 BDS Main Business
5.12.3 BDS CRO Services Products, Services and Solutions
5.12.4 BDS CRO Services Revenue (US$ Million) & (2018-2023)
5.12.5 BDS Recent Developments
5.13 AIT Bioscience
5.13.1 AIT Bioscience Profile
5.13.2 AIT Bioscience Main Business
5.13.3 AIT Bioscience CRO Services Products, Services and Solutions
5.13.4 AIT Bioscience CRO Services Revenue (US$ Million) & (2018-2023)
5.13.5 AIT Bioscience Recent Developments
5.14 Frontage
5.14.1 Frontage Profile
5.14.2 Frontage Main Business
5.14.3 Frontage CRO Services Products, Services and Solutions
5.14.4 Frontage CRO Services Revenue (US$ Million) & (2018-2023)
5.14.5 Frontage Recent Developments
5.15 WuXi AppTec
5.15.1 WuXi AppTec Profile
5.15.2 WuXi AppTec Main Business
5.15.3 WuXi AppTec CRO Services Products, Services and Solutions
5.15.4 WuXi AppTec CRO Services Revenue (US$ Million) & (2018-2023)
5.15.5 WuXi AppTec Recent Developments
5.16 Aptuit
5.16.1 Aptuit Profile
5.16.2 Aptuit Main Business
5.16.3 Aptuit CRO Services Products, Services and Solutions
5.16.4 Aptuit CRO Services Revenue (US$ Million) & (2018-2023)
5.16.5 Aptuit Recent Developments
5.17 Envigo
5.17.1 Envigo Profile
5.17.2 Envigo Main Business
5.17.3 Envigo CRO Services Products, Services and Solutions
5.17.4 Envigo CRO Services Revenue (US$ Million) & (2018-2023)
5.17.5 Envigo Recent Developments
5.18 Medpace
5.18.1 Medpace Profile
5.18.2 Medpace Main Business
5.18.3 Medpace CRO Services Products, Services and Solutions
5.18.4 Medpace CRO Services Revenue (US$ Million) & (2018-2023)
5.18.5 Medpace Recent Developments
5.19 Merck Millipore Sigma
5.19.1 Merck Millipore Sigma Profile
5.19.2 Merck Millipore Sigma Main Business
5.19.3 Merck Millipore Sigma CRO Services Products, Services and Solutions
5.19.4 Merck Millipore Sigma CRO Services Revenue (US$ Million) & (2018-2023)
5.19.5 Merck Millipore Sigma Recent Developments
5.20 BASi
5.20.1 BASi Profile
5.20.2 BASi Main Business
5.20.3 BASi CRO Services Products, Services and Solutions
5.20.4 BASi CRO Services Revenue (US$ Million) & (2018-2023)
5.20.5 BASi Recent Developments
5.21 QPS
5.21.1 QPS Profile
5.21.2 QPS Main Business
5.21.3 QPS CRO Services Products, Services and Solutions
5.21.4 QPS CRO Services Revenue (US$ Million) & (2018-2023)
5.21.5 QPS Recent Developments
5.22 SGS
5.22.1 SGS Profile
5.22.2 SGS Main Business
5.22.3 SGS CRO Services Products, Services and Solutions
5.22.4 SGS CRO Services Revenue (US$ Million) & (2018-2023)
5.22.5 SGS Recent Developments
5.23 Nuvisan
5.23.1 Nuvisan Profile
5.23.2 Nuvisan Main Business
5.23.3 Nuvisan CRO Services Products, Services and Solutions
5.23.4 Nuvisan CRO Services Revenue (US$ Million) & (2018-2023)
5.23.5 Nuvisan Recent Developments
5.24 Celerion
5.24.1 Celerion Profile
5.24.2 Celerion Main Business
5.24.3 Celerion CRO Services Products, Services and Solutions
5.24.4 Celerion CRO Services Revenue (US$ Million) & (2018-2023)
5.24.5 Celerion Recent Developments
5.25 Simbec Orion
5.25.1 Simbec Orion Profile
5.25.2 Simbec Orion Main Business
5.25.3 Simbec Orion CRO Services Products, Services and Solutions
5.25.4 Simbec Orion CRO Services Revenue (US$ Million) & (2018-2023)
5.25.5 Simbec Orion Recent Developments
5.26 Alliance Pharma
5.26.1 Alliance Pharma Profile
5.26.2 Alliance Pharma Main Business
5.26.3 Alliance Pharma CRO Services Products, Services and Solutions
5.26.4 Alliance Pharma CRO Services Revenue (US$ Million) & (2018-2023)
5.26.5 Alliance Pharma Recent Developments
5.27 Biopharma Services
5.27.1 Biopharma Services Profile
5.27.2 Biopharma Services Main Business
5.27.3 Biopharma Services CRO Services Products, Services and Solutions
5.27.4 Biopharma Services CRO Services Revenue (US$ Million) & (2018-2023)
5.27.5 Biopharma Services Recent Developments
5.28 Evotec
5.28.1 Evotec Profile
5.28.2 Evotec Main Business
5.28.3 Evotec CRO Services Products, Services and Solutions
5.28.4 Evotec CRO Services Revenue (US$ Million) & (2018-2023)
5.28.5 Evotec Recent Developments
5.29 Eurofins
5.29.1 Eurofins Profile
5.29.2 Eurofins Main Business
5.29.3 Eurofins CRO Services Products, Services and Solutions
5.29.4 Eurofins CRO Services Revenue (US$ Million) & (2018-2023)
5.29.5 Eurofins Recent Developments
5.30 Concept Bioscience
5.30.1 Concept Bioscience Profile
5.30.2 Concept Bioscience Main Business
5.30.3 Concept Bioscience CRO Services Products, Services and Solutions
5.30.4 Concept Bioscience CRO Services Revenue (US$ Million) & (2018-2023)
5.30.5 Concept Bioscience Recent Developments
6 North America
6.1 North America CRO Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe CRO Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific CRO Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America CRO Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa CRO Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 CRO Services Market Dynamics
11.1 CRO Services Industry Trends
11.2 CRO Services Market Drivers
11.3 CRO Services Market Challenges
11.4 CRO Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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