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Global Contract Research Organization (CRO) Services Market Forecasts 2018-2024 - ResearchAndMarkets.com

October 4, 2018

DUBLIN--(BUSINESS WIRE)--Oct 4, 2018--The “Contract Research Organization (CRO) Services Market Forecasts to 2024” report has been added to ResearchAndMarkets.com’s offering.

The Global Pharma Contract Research Organization market is estimated to witness a CAGR of 8.2% during the forecast period 2018-2024.

The market for pharma contract research organization is driven by increasing outsourcing of research and development by pharmaceutical companies, increasing clinical trials across the globe, increasing number of patent expiration and growth in biopharmaceuticals market are some of the factors driving the growth of CRO market, whereas, lack of skilled personnel and quality issues related to services offered by CROs are limiting the growth of CRO market to an extent.

Key Topics Covered:

Market Dynamics

Drivers

Upsurge in outsourcing of R&D activities Rising number of clinical trials across the globe

Opportunities

Growth in the biopharmaceutical market Increasing number of deals to develop new compounds for rare disease

Restraints

Quality issues related to services offered by CRO Lack of trained professionals

Vendor Profiles

Charles River Laboratories, Inc. Laboratory Corporation of America Holdings (LABCORP) IQVIA HOLDINGS INC. Pharmaceutical Product Development Inc ICON PLC PAREXEL International Corporation

Companies to Watch for

PRA HEALTH SCIENCES, INC. Syneos Health Inc WuXi AppTec Medpace Holdings, Inc. SGS SA Envigo EPS INTERNATIONAL EVOTEC AG GenScript Biotech Corporation Eurofins Scientific

For more information about this report visit https://www.researchandmarkets.com/research/txlqx2/global_contract?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005246/en/

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Related Topics:Biotechnology,Drug Discovery

KEYWORD:

INDUSTRY KEYWORD: HEALTH OTHER HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/04/2018 04:57 AM/DISC: 10/04/2018 04:57 AM

http://www.businesswire.com/news/home/20181004005246/en

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