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Clinical Research Services: Market Intelligence, Procurement Research, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

January 10, 2019

LONDON--(BUSINESS WIRE)--Jan 10, 2019--SpendEdge, a global procurement market intelligence firm, has announced the release of their .

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Global Clinical Research Services Category - Procurement Market Intelligence Report. (Graphic: Business Wire)

The pharmaceutical industry is leveraging various clinical research services to develop new drugs and treatments to tackle the growing instances of chronic ailments and to tend to the aging population. The healthcare industry is seeking services to make the treatments more affordable. These factors are driving the category spend momentum in various regions. Buyers from developing nations prefer outsourcing clinical research services to CROs that have necessary skillsets and knowledge to invent drugs and devices. This is also contributing to the global category spend growth rate in the coming years. of this market intelligence report here!

North America is registering a high category adoption rate because of the growth of biosimilar and biologics markets and rising demand for outsourcing of clinical research services to CROs by pharmaceutical and biopharmaceutical companies. Statistics imply that North America currently holds the largest market share for clinical research services. Favorable government policies and outsourcing of services done by the pharmaceutical companies are prompting service providers in APAC to improve their service portfolio and adopt advanced technologies to cater to the diverse needs of the buyers.

This market intelligence report on clinical research services provides buyers with insights into the category spend and cost and volume drivers impacting the pricing of such products. It also offers information on the critical growth enablers that are responsible for influencing the overall supplier cost structure. This clinical research services procurement research report also highlights a set of procurement best practices that will foster cost-effective category procurement and help achieve cost savings. of this market intelligence report on clinical research services to get information tailored to your business needs.

“ Buyers must engage with suppliers that conduct clinical quality assurance programs adhering to quality standards as per protocols and international regulations,” says SpendEdge procurement expert Sumit Yadav. “ These programs aid buyers in evaluating the integrity of scientific data, clinical research, and clinical trials,” added Sumit.

This clinical research services procurement research report has estimated the following cost drivers to influence the category growth in the coming years:

Increase in labor costs is a high business impact factor for category service providers Tactical levers offer greater cost-saving opportunities relative to strategic levers

Purchase the here!

SpendEdge’s procurement market intelligence reports for the pharma and healthcare category provide detailed supply market forecasts and cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide category management insights and information on the procurement best practices for the category.

Report scope snapshot: Clinical research services

Category pricing insights

Pricing outlook Total cost of ownership analysis Supplier cost structure Interested to know more about the scope of our market intelligence reports?

Cost-Saving Opportunities

Supplier-side levers Buyer-side levers Quantifying cost savings by negotiation strategies Want customized information from the clinical research services procurement research report?

Category ecosystem

Competitiveness index for suppliers Buyer power Supplier power score To view the table of contents of this market intelligence report,

Do you purchase multiple reports in a year? Our subscription platform, , provides ready-to-use procurement research reports for various categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. .

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About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,

View source version on businesswire.com:https://www.businesswire.com/news/home/20190110005330/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL RESEARCH SCIENCE

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 01/10/2019 08:00 AM/DISC: 01/10/2019 08:01 AM

http://www.businesswire.com/news/home/20190110005330/en

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