The global CRO services market is estimated to grow at a CAGR of 7.4% from 2016 to 2021, to reach USD 41.86 billion by 2021 from USD 29.29 billion in 2016. Growth in this market is primarily attributed to growing R&D expenditure, increased outsourcing of R&D activities, growing demand for outsourcing analytical testing and clinical trial services, and increase in the number of clinical trials. However, increasing regulatory pressure on CROs can hinder their market growth to a certain extent.
Reasons to Buy the Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering greater market shares. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, service development/innovation, market development, market diversification, and competitive assessment) for increasing their market shares.
Table Of Contents:
1 INTRODUCTION 20
2 RESEARCH METHODOLOGY 23
3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 37
5 MARKET OVERVIEW 41
6 GLOBAL CROs MARKET, BY TYPE OF SERVICE 54
7 GLOBAL CROs MARKET, BY THERAPEUTIC AREA 84
8 GLOBAL CROs MARKET, BY END USER 95
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