Global CRO Market to Reach $64.58 Billion by 2021

Wednesday, April 26, 2017 Research News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, April 25, 2017 /PRNewswire/ -- The Global CRO Market, Forecast to 2021, presents an overview and analysis of the

global clinical trials and research outsourcing (CRO) market. It provides revenue forecasts for CROs globally by phase, therapeutic type and region. With the consolidation of the market as well as a higher cost and risk involved, the big companies are
slowly shifting their business models towards a more collaborative business model and have started to look out for partners, giving rise to Bio analytics focused CROs. Read the full report: research study also addresses some of the major issues and challenges alongside providing information on the key unmet needs and emerging trends in the market. The report also outlines market drivers and restraints, market engineering measurements as well as R&D trends. Alongside the challenges and opportunities, a special focus is given on the emerging trends and their importance across the current and future market scenario. The report also highlights some of the major shifts occurring in the CRO and Pharma ecosystem with the emergence of several new and innovative CRO players in the market with a specific focus on niche segments, such as bioanalytics and HEOR amongst others. Further to this, a detailed information will be provided on support services such as Central laboratory services, Bio analytics and Data management. The report covers the complete life cycle of CRO industry, starting from preclinical trials to post-marketing surveillance. One of the focus areas of this study would be bio analytics services, which is making a big impact in CRO industry. There is a major shift observed across the CRO landscape with several key pharma players now outsourcing their early drug development activities (pre-clinical and early phase research) to some of the leading CRO players in the market which was earlier handled by pharma companies themselves. Some of the key questions being answered by this report include: How will the contract research outsourcing help in drug development by saving time and cost for manufacturers? What is the impact of the market growth in different regions? Who are the dominant market participants in the CRO market and their market share contribution? What are the key market trends observed toward expansion of contract research organizations in drug development across key therapeutic areas? Do the products/services offered today meet customer needs or is additional development needed? What are the key segments to look out for and what are the key trends in the market?

Read the full report: Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________Contact Clare: clare@reportlinker.comUS: (339)-368-6001Intl: +1 339-368-6001

To view the original version on PR Newswire, visit:

SOURCE Reportlinker


Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z


News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store