The Contract Research (CRO) Market
The Contract Research (CRO) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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The Contract Research (CRO) Market Size and Growth
The Contract Research Organization (CRO) market is experiencing significant growth, driven by increasing pharmaceutical R&D spending and demand for outsourcing services. The global CRO market size is projected to reach approximately $69 billion by 2027, reflecting a robust CAGR. Key trends include technological advancements and strategic partnerships enhancing service offerings. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Quintiles Transnational Holdings
◍ Laboratory Corporation Of America Holdings
◍ Pharmaceutical Product Development
◍ PAREXEL International
◍ ICON plc
◍ PRA Health Sciences
◍ InVentiv Health
◍ Charles River Laboratories
◍ INC Research Holdings
◍ Wuxi PharmaTech
The Contract Research Organization (CRO) market features key players like Quintiles, LabCorp, PPD, PAREXEL, ICON, PRA, InVentiv, Charles River, INC Research, and Wuxi PharmaTech. These companies facilitate clinical trials and research, enhancing innovation and efficiency. Selected revenue figures include:
- Quintiles: $4.9 billion
- LabCorp: $3.5 billion
- ICON: $3.1 billion
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Market Segmentation
By Application
◍ Academic and Research Institutes ◍ Others
By Product
Consulting Services ◍ Biopharmaceutical Companies
Early Phase Development
Clinical Research
Laboratory
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Market Growth
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$ X Billion USD
