Contract Research Organization (CRO) Market By Type (Early Phase Development Services, Pharmacokinetics/Pharmacodynamics (PK/PD), Toxicology Testing, Clinic Research Services, Physical Characterization, Stability Testing, Batch Release Testing, Consulting Services, and Others), and By Application (Pharmaceutical and Biopharmaceutical Companies, Medical Device Companies, and Academic Institutes): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, and Forecasts, 2021–2026

Global contract research organization (CRO) market was valued at around USD 43.7 Billion in year 2021 and is anticipated to generate revenue of almost USD 58.3 Billion by the end of year 2030. The global industry is growing at a healthy CAGR of approximately 9% during the 2021-2026. The latest report by Vertex Market Research on the global Contract Research Organization (CRO) Market offers insights and analysis regarding the various aspects and dynamics throughout the study period while providing their impacts on the overall market’s growth.

The contract research organizations (CRO) offer help to the biotechnology, pharmaceutical, and medical device companies. Factors such as the rising patient population, increasing demand for effective drugs and healthcare devices, and high expenditure of product expansion are responsible for the contract research organization market growth across the globe. Furthermore, augmented outsourcing services of research, the evolving research and development costs, and development programs, and expansion number of clinical trials are expected to fuel the growth of the market during the forecast period. The patent expiries leading to the general competition and severe demands from regulators will have a constructive impact on the bottom lines of pharmaceutical industries which is also contributing to the market.


Report Attribute Details
The market size value in 2021 USD 43.7 billion
The revenue forecast in 2030 USD 58.3 billion
Growth Rate CAGR of 9% from 2020 to 2028
The base year for estimation 2021
Historical data 2017 – 2019
Forecast period 2021 – 2026
Top Manufacturers IQVIA, Medpace, MPI Research, LabCorp, PAREXEL, PRA Health Sciences, Envi, ICON Plc, PPD Inc., Syneos Health, Charles River, WuXi PharmaTech, and SGS
By Type Early Phase Development Services , Pharmacokinetics/Pharmacodynamics (PK/PD), Toxicology Testing, Clinic Research Services, Physical Characterization, Stability Testing, Batch Release Testing, Consulting Services, Others
By Application
Pharmaceutical and Biopharmaceutical Companies, Medical Device Companies, Academic Institutes
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa


Growth Factors


Moreover, the heavy investment in research and development programs with a pipeline of therapeutics undergrowth will boost the market revenue of contract research organizations in the forthcoming years. The escalating number of services provided by contract research organizations and the intensifying tendency of collaborations are propelling the growth of the market. On the other hand, the COVID-19 pandemic has drastically impacted the contract research organizations market. The focus on finding a vaccine against coronavirus has a large impact on the expansion of other vaccines and drugs across the world.

Regional Analysis


Geographically, the contract research organization market has been classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is leading the contract research organization market in terms of revenue and will continue to expand over the forecast period which is followed by the Asia Pacific and Europe due to quick expansion in its biosimilars and biologics market, the high-quality standards in the pharmaceutical production companies, and rising activities in a clinical trial.

Moreover, the Asia-Pacific region is likely to grow in the future due to numerous factors such as the availability of trained laborers, beneficial government initiatives, the occurrence of a diverse population for proper clinical trials, and an increasing patient pool of chronic and infectious diseases. The Middle East and Africa are anticipated to increase in the forthcoming years as a result of increasing awareness regarding the treatment benefits, low-cost, expanding clinical trials activities, and the increasing load of several chronic diseases.

Top Market Players


Major market companies leading in the global contract research organization (CRO) market cover IQVIA, Medpace, MPI Research, LabCorp, PAREXEL, PRA Health Sciences, Envi, ICON Plc, PPD Inc., Syneos Health, Charles River, WuXi PharmaTech, and SGS.


This report segments the global contract research organization (CRO) market as follows:

Global Contract Research Organization (CRO): By Type

  • Early Phase Development Services
  • Pharmacokinetics/Pharmacodynamics (PK/PD)
  • Toxicology Testing
  • Clinic Research Services
  • Physical Characterization
  • Stability Testing
  • Batch Release Testing
  • Consulting Services
  • Others

Global Contract Research Organization (CRO): By Application

  • Pharmaceutical and Biopharmaceutical Companies
  • Medical Device Companies
  • Academic Institutes


Global Contract Research Organization (CRO): Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

1. Preface
        1.1. Study Scope and Description
        1.2. Research Scope
        1.3. Research Methodology
                1.3.1. Market Research Process
                1.3.2. Market Research Methodology


2. Executive Summary
        2.1. Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
        2.2. Contract Research Organization (CRO) Market: Snapshot


3. Global Contract Research Organization (CRO) Market– Industry Analysis
        3.1. Contract Research Organization (CRO) Market: Market Growth Factors
        3.2. Market Drivers
                3.2.1. Growing demand for effective drugs and healthcare devices
                3.2.2. High expenditure of product expansion
        3.3. Market Restraints
                3.3.1. Restraint 1
                3.3.2. Restraint 2
        3.4. Market Opportunities
        3.5. Future Trends
        3.6. Porter’s Five Forces Analysis
        3.7. Market Attractiveness Analysis
                3.7.1. Market attractiveness analysis By Type
                3.7.2. Market attractiveness analysis By Application
                3.7.3. Market attractiveness analysis By Region


4. Global Contract Research Organization (CRO) Market– Competitive Landscape
        4.1. Company market share analysis
                4.1.1. Global Contract Research Organization (CRO) Market: company market share, 2020
        4.2. Strategic development
                4.2.1. Mergers & Acquisitions
                4.2.2. Latest Product launches
                4.2.3. Partnerships, collaborations, agreements, and joint ventures
                4.2.4. Research & development and Regional expansion
        4.3. Value trend analysis


5. Global Contract Research Organization (CRO) Market Synopsis – Type Analysis
        5.1. Global Contract Research Organization (CRO) Market overview: By Type
                5.1.1. Global Contract Research Organization (CRO) Market share, By Type, Revenue and Forecast 2021 and 2026
        5.2. Early Phase Development Services
                5.2.1. Global Contract Research Organization (CRO) Market by Early Phase Development Services, Revenue and Forecast 2017–2026 (USD Billion)
        5.3. Pharmacokinetics/Pharmacodynamics (PK/PD)
                5.3.1. Global Contract Research Organization (CRO) Market by Pharmacokinetics/Pharmacodynamics (PK/PD), Revenue and Forecast 2017–2026 (USD Billion)
        5.4. Toxicology Testing
                5.4.1. Global Contract Research Organization (CRO) Market by Toxicology Testing, Revenue and Forecast 2017–2026 (USD Billion)
        5.5. Clinic Research Services
                5.5.1. Global Contract Research Organization (CRO) Market by Clinic Research Services, Revenue and Forecast 2017–2026 (USD Billion)
        5.6. Physical Characterization
                5.6.1. Global Contract Research Organization (CRO) Market by Physical Characterization, Revenue and Forecast 2017–2026 (USD Billion)
        5.7. Stability Testing
                5.7.1. Global Contract Research Organization (CRO) Market by Stability Testing, Revenue and Forecast 2017–2026 (USD Billion)
        5.8. Batch Release Testing
                5.8.1. Global Contract Research Organization (CRO) Market by Batch Release Testing, Revenue and Forecast 2017–2026 (USD Billion)
        5.9. Consulting Services
                5.9.1. Global Contract Research Organization (CRO) Market by Consulting Services, Revenue and Forecast 2017–2026 (USD Billion)
        5.10. Others
                5.10.1. Global Contract Research Organization (CRO) Market by Others, Revenue and Forecast 2017–2026 (USD Billion)


6. Global Contract Research Organization (CRO) Market Synopsis – Application Analysis
        6.1. Global Contract Research Organization (CRO) Market overview: By Application
                6.1.1. Global Contract Research Organization (CRO) Market share, By Application, Revenue and Forecast 2021 and 2026
        6.2. Pharmaceutical and Biopharmaceutical Companies
                6.2.1. Global Contract Research Organization (CRO) Market by Pharmaceutical and Biopharmaceutical Companies, Revenue and Forecast 2017–2026 (USD Billion)
        6.3. Medical Device Companies
                6.3.1. Global Contract Research Organization (CRO) Market by Medical Device Companies, Revenue and Forecast 2017–2026 (USD Billion)
        6.4. Academic Institutes
                6.4.1. Global Contract Research Organization (CRO) Market by Academic Institutes, Revenue and Forecast 2017–2026 (USD Billion)


7. Global Contract Research Organization (CRO) Market Synopsis - Regional Analysis
        7.1. Global Contract Research Organization (CRO) Market overview: by Region
                7.1.1. Global Contract Research Organization (CRO) Market share, by Region, Revenue and Forecast 2021 and 2026
        7.2. North America
                7.2.1. North America Contract Research Organization (CRO) Market, Revenue and Forecast 2017-2026 (USD Billion)
                7.2.2. North America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.2.3. North America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.2.4. The U.S.
                        7.2.4.1. The U.S. Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.2.4.2. The U.S. Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.2.5. Rest of North America
                        7.2.5.1. Rest of North America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.2.5.2. Rest of North America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
        7.3. Europe
                7.3.1. Europe Contract Research Organization (CRO) Market, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.2. Europe Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.3. Europe Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.4. UK
                        7.3.4.1. U.K. Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.3.4.2. U.K. Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.5. France
                        7.3.5.1. France Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.3.5.2. France Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.6. Germany
                        7.3.6.1. Germany Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.3.6.2. Germany Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.3.7. Rest of Europe
                        7.3.7.1. Rest of Europe Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.3.7.2. Rest of Europe Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
        7.4. Asia Pacific
                7.4.1. Asia Pacific Contract Research Organization (CRO) Market, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.2. Asia Pacific Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.3. Asia Pacific Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.4. China
                        7.4.4.1. China Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.4.4.2. China Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.5. Japan
                        7.4.5.1. Japan Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.4.5.2. Japan Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.6. India
                        7.4.6.1. India Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.4.6.2. India Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.4.7. Rest of Asia Pacific
                        7.4.7.1. Rest of Asia Pacific Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.4.7.2. Rest of Asia Pacific Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
        7.5. Latin America
                7.5.1. Latin America Contract Research Organization (CRO) Market, Revenue and Forecast 2017-2026 (USD Billion)
                7.5.2. Latin America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.5.3. Latin America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.5.4. Brazil
                        7.5.4.1. Brazil Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.5.4.2. Brazil Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.5.5. Rest of Latin America
                        7.5.5.1. Rest of Latin America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                        7.5.5.2. Rest of Latin America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
        7.6. The Middle East and Africa
                7.6.1. The Middle East and Africa Contract Research Organization (CRO) Market, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.2. The Middle East and Africa Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.3. The Middle East and Africa Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.4. Saudi Arabia Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.5. Saudi Arabia Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.6. UAE Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.7. UAE Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.8. The Rest of Middle East and Africa Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017-2026 (USD Billion)
                7.6.9. The Rest of Middle East and Africa Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017-2026 (USD Billion)


8. Company Profiles
        8.1. IQVIA
                8.1.1. Overview
                8.1.2. Financials Synopsis
                8.1.3. Product Portfolio
                8.1.4. Business Tactic
                8.1.5. Key Developments
        8.2. Medpace
                8.2.1. Overview
                8.2.2. Financials Synopsis
                8.2.3. Product Portfolio
                8.2.4. Business Tactic
                8.2.5. Key Developments
        8.3. MPI Research
                8.3.1. Overview
                8.3.2. Financials Synopsis
                8.3.3. Product Portfolio
                8.3.4. Business Tactic
                8.3.5. Key Developments
        8.4. LabCorp
                8.4.1. Overview
                8.4.2. Financials Synopsis
                8.4.3. Product Portfolio
                8.4.4. Business Tactic
                8.4.5. Key Developments
        8.5. PAREXEL
                8.5.1. Overview
                8.5.2. Financials Synopsis
                8.5.3. Product Portfolio
                8.5.4. Business Tactic
                8.5.5. Key Developments
        8.6. PRA Health Sciences
                8.6.1. Overview
                8.6.2. Financials Synopsis
                8.6.3. Product Portfolio
                8.6.4. Business Tactic
                8.6.5. Key Developments
        8.7. Envi
                8.7.1. Overview
                8.7.2. Financials Synopsis
                8.7.3. Product Portfolio
                8.7.4. Business Tactic
                8.7.5. Key Developments
        8.8. ICON Plc
                8.8.1. Overview
                8.8.2. Financials Synopsis
                8.8.3. Product Portfolio
                8.8.4. Business Tactic
                8.8.5. Key Developments
        8.9. PPD Inc.
                8.9.1. Overview
                8.9.2. Financials Synopsis
                8.9.3. Product Portfolio
                8.9.4. Business Tactic
                8.9.5. Key Developments
        8.10. Syneos Health
                8.10.1. Overview
                8.10.2. Financials Synopsis
                8.10.3. Product Portfolio
                8.10.4. Business Tactic
                8.10.5. Key Developments
        8.11. Charles River
                8.11.1. Overview
                8.11.2. Financials Synopsis
                8.11.3. Product Portfolio
                8.11.4. Business Tactic
                8.11.5. Key Developments
        8.12. WuXiPharmaTech
                8.12.1. Overview
                8.12.2. Financials Synopsis
                8.12.3. Product Portfolio
                8.12.4. Business Tactic
                8.12.5. Key Developments
        8.13. SGS
                8.13.1. Overview
                8.13.2. Financials Synopsis
                8.13.3. Product Portfolio
                8.13.4. Business Tactic
                8.13.5. Key Developments


9. Appendix

List of Figures

1. Market Research Overview
2. Market Research Methodology
3. Global Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Contract Research Organization (CRO) Market Attractiveness, By Type
6. Global Contract Research Organization (CRO) Market Attractiveness, By Application
7. Global Contract Research Organization (CRO) Market share by Type, Revenue and Forecast 2021 and 2026 (USD Billion)
8. Global Contract Research Organization (CRO) Market by Early Phase Development Services, Revenue and Forecast 2017–2026 (USD Billion)
9. Global Contract Research Organization (CRO) Market by Pharmacokinetics/Pharmacodynamics (PK/PD), Revenue and Forecast 2017–2026 (USD Billion)
10. Global Contract Research Organization (CRO) Market by Toxicology Testing, Revenue and Forecast 2017–2026 (USD Billion)
11. Global Contract Research Organization (CRO) Market by Clinic Research Services, Revenue and Forecast 2017–2026 (USD Billion)
12. Global Contract Research Organization (CRO) Market by Physical Characterization, Revenue and Forecast 2017–2026 (USD Billion)
13. Global Contract Research Organization (CRO) Market by Stability Testing, Revenue and Forecast 2017–2026 (USD Billion)
14. Global Contract Research Organization (CRO) Market by Batch Release Testing, Revenue and Forecast 2017–2026 (USD Billion)
15. Global Contract Research Organization (CRO) Market by Consulting Services, Revenue and Forecast 2017–2026 (USD Billion)
16. Global Contract Research Organization (CRO) Market by Others, Revenue and Forecast 2017–2026 (USD Billion)
17. Global Contract Research Organization (CRO) Market share by Application, Revenue and Forecast 2021 and 2026 (USD Billion)
18. Global Contract Research Organization (CRO) Market by Pharmaceutical and Biopharmaceutical Companies, Revenue and Forecast 2017–2026 (USD Billion)
19. Global Contract Research Organization (CRO) Market by Medical Device Companies, Revenue and Forecast 2017–2026 (USD Billion)
20. Global Contract Research Organization (CRO) Market by Academic Institutes, Revenue and Forecast 2017–2026 (USD Billion)
21. Global Contract Research Organization (CRO) Market share, by Region, Revenue and Forecast 2021 and 2026
22. North America Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
23. Europe Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
24. Asia Pacific Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
25. Latin America Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)
26. The Middle East and Africa Contract Research Organization (CRO) Market, Revenue and Forecast 2017–2026 (USD Billion)

List of Tables

1. Global Contract Research Organization (CRO) Market: snapshot
2. Drivers of the Contract Research Organization (CRO) Market: impact analysis
3. North America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
4. North America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
5. The U.S. Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
6. The U.S. Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
7. Rest of North America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
8. Rest of North America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
9. Europe Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
10. Europe Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
11. UK Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
12. UK Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
13. France Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
14. France Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
15. Germany Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
16. Germany Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
17. Rest of Europe Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
18. Rest of Europe Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
19. Asia Pacific Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
20. Asia Pacific Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
21. China Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
22. China Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
23. Japan Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
24. Japan Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
25. India Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
26. India Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
27. Rest of Asia Pacific Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
28. Rest of Asia Pacific Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
29. Latin America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
30. Latin America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
31. Brazil Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
32. Brazil Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
33. Rest of Latin America Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
34. Rest of Latin America Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
35. The Middle East and Africa Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
36. The Middle East and Africa Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
37. Saudi Arabia Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
38. Saudi Arabia Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
39. South Africa Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
40. South Africa Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)
41. Rest of the Middle East & Africa Contract Research Organization (CRO) Market, By Type, Revenue and Forecast 2017–2026 (USD Billion)
42. Rest of the Middle East & Africa Contract Research Organization (CRO) Market, By Application, Revenue and Forecast 2017–2026 (USD Billion)

Research Framework

Vertex Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources
  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers
Secondary sources
  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis
  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights
Data Validation
  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative
  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis
Quantitative
  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

Frequently Asked Questions About This Report

IQVIA, Medpace, MPI Research, LabCorp, PAREXEL, PRA Health Sciences, Envi, ICON Plc, PPD Inc., Syneos Health, Charles River, WuXi PharmaTech, and SGS

North America holds highest share in 2021.

Increased investment in R&D programmes, a preference for outsourcing activities due to time and cost constraints, and patent expiration in the healthcare sector are all driving the growth of the healthcare contract research organisation market.

The market revenue for Global contract research organization (CRO) market was valued at around USD 43.7 Billion in year 2021 and is anticipated to generate revenue of almost USD 58.3 Billion by the end of year 2030.

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