세계의 CRO(임상시험수탁기관) 서비스 시장 동향 분석, 경쟁 구도 및 예측(2019-2031년) : 유형, 용도, 최종사용자, 지역별

Global Contract Research Organization (CRO) Services Market to Touch USD 158 Billion by 2031

Global Contract Research Organization (CRO) Services Market is flourishing because of the rising investments in pharma R&D programs and rapid adoption of CRO services.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Contract Research Organization (CRO) Services Market size at USD 82.5 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global Contract Research Organization (CRO) Services Market size to expand at a CAGR of 9.50% reaching a value of USD 157.8 billion by 2031. Increasing investments in R&D programs, heightened focus on cost-effectiveness, and the availability of technologically sophisticated infrastructure are key driving factors for Global Contract Research Organization (CRO) Services Market. Over the forecast period, Global Contract Research Organization (CRO) Services Market is expected to be driven by the assistance that CROs provide to biotechnology and pharmaceutical businesses in navigating the country-specific industry norms and strict regulations.

Opportunity - Launch of Services and Strategic Collaborations

With the expanding scope of contract research organization (CRO) services, companies are expanding their services and engaging in market strategies, such as partnerships and collaborations, to boost their market share. Catawba Research, a global CRO, for example, announced a partnership with PharmaLegacy Laboratories to enhance preclinical and clinical research capabilities. In another instance, Lindus Health, an 'anti-CRO,' has launched an all-encompassing CRO and technology solution for ophthalmology clinical trials. Such developments and launches are anticipated to provide new growth opportunities to the Global Contract Research Organization (CRO) Services Market during the period in analysis.

Impact of Escalating Geopolitical Tensions on Global Contract Research Organization (CRO) Services Market

Intensifying geopolitical tensions could disrupt the growth of Global Contract Research Organization (CRO) Services Market. These tensions affect both the demand for services and the operational dynamics of CROs. As tensions, political unrest, and trade disruptions increase, the flow of goods, services, and human resources is disrupted, which may result in clinical trial delays, regulatory obstacles, and a hesitancy on the part of multinational pharmaceutical companies to invest in certain regions due to uncertainty. CROs operating in sensitive areas may also encounter difficulties obtaining regulatory approval, conducting trials, or sourcing essential materials, which could limit the growth of the Global Contract Research Organization (CRO) Services Market.

Oncology Segment Holds Major Share in Global CRO Services Market

The oncology segment holds the largest share of Global Contract Research Organization (CRO) Services Market given the high incidence of cancer globally and the absence of a treatment. According to the International Agency for Research on Cancer (IARC), the worldwide burden of cancer is rapidly rising, with an estimated 20 million new cases in 2022 alone. Thus, clinical trials against oncology for medication discovery and cure are a major focus of the firms, which propels the market expansion of this sector.

North America Leads Global CRO Services Market

North America dominates Global Contract Research Organization (CRO) Services Market. One of the main factors propelling market expansion is the region's high concentration of top biotechnology and pharmaceutical firms. The CRO industry is also growing as a result of increased expenditure in R&D and clinical trial outsourcing for development of medications and cures for a range of illnesses.

Competitive Landscape

The major industry players of Global Contract Research Organization (CRO) Services Market include IQVIA, Syneos Health, Charles River Laboratories, Parexel, ICON plc, WuXi AppTec, PPD, Medpace, PRA Health Sciences, PharmOlam, Clinipace, and SGS. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.

The in-depth analysis of the report provides information about growth potential and upcoming trends in Global Contract Research Organization (CRO) Services Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Contract Research Organization (CRO) Services Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

1. Research Framework

• 1.1. Research Objective
• 1.2. Product Overview
• 1.3. Market Segmentation

2. Executive Summary

3. Global Contract Research Organization (CRO) Services Market Insights

• 3.1. Industry Value Chain Analysis
• 3.2. DROC Analysis
  • 3.2.1. Growth Drivers
    • 3.2.1.1. Rising R&D Expenditure
    • 3.2.1.2. Growing Outsourcing of Clinical Trials
    • 3.2.1.3. Increasing Prevalence of Chronic Diseases
  • 3.2.2. Restraints
    • 3.2.2.1. Data Security and Privacy Concerns
    • 3.2.2.2. Maintaining Quality and Consistency
  • 3.2.3. Opportunities
    • 3.2.3.1. Growing Focus on Emerging Markets
    • 3.2.3.2. Advancement in technology
  • 3.2.4. Challenges
    • 3.2.4.1. Competition and Pricing Pressure
    • 3.2.4.2. Regulatory Scrutiny and Compliance
• 3.3. Technological Advancements/Recent Developments
• 3.4. Regulatory Framework
• 3.5. Porter's Five Forces Analysis
  • 3.5.1. Bargaining Power of Suppliers
  • 3.5.2. Bargaining Power of Buyers
  • 3.5.3. Threat of New Entrants
  • 3.5.4. Threat of Substitutes
  • 3.5.5. Intensity of Rivalry

4. Global Contract Research Organization (CRO) Services Market: Marketing Strategies

5. Global Contract Research Organization (CRO) Services Market: Pricing Analysis

6. Global Contract Research Organization (CRO) Services Market: Geographical Analysis

• 6.1. Global Contract Research Organization (CRO) Services Market, Geographical Analysis, 2024
• 6.2. Global Contract Research Organization (CRO) Services Market, Market Attractiveness Analysis, 2024-2030

7. Global Contract Research Organization (CRO) Services Market Overview

• 7.1. Market Size & Forecast, 2019-2031
  • 7.1.1. By Value (USD Billion)
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
    • 7.2.1.1. Early Phase Development Services
    • 7.2.1.2. Clinical
    • 7.2.1.3. Laboratory Service
    • 7.2.1.4. Others
  • 7.2.2. By Application
    • 7.2.2.1. Oncology
    • 7.2.2.2. Neurology
    • 7.2.2.3. Cardiology
    • 7.2.2.4. Infectious Disease
    • 7.2.2.5. Metabolic Disorder
    • 7.2.2.6. Renal/Nephrology
    • 7.2.2.7. Others
  • 7.2.3. By End User
    • 7.2.3.1. Pharmaceutical & Biotechnological Companies
    • 7.2.3.2. Medical Device Companies
    • 7.2.3.3. Academic & Research Institutes
    • 7.2.3.4. Others
  • 7.2.4. By Region
    • 7.2.4.1. North America
    • 7.2.4.2. Europe
    • 7.2.4.3. Asia Pacific (APAC)
    • 7.2.4.4. Latin America (LATAM)
    • 7.2.4.5. Middle East and Africa (MEA)

8. North America Contract Research Organization (CRO) Services Market

• 8.1. Market Size & Forecast, 2019-2031
  • 8.1.1. By Value (USD Billion)
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By End User
  • 8.2.4. By Country
    • 8.2.4.1. United States
    • 8.2.4.1.1. By Type
    • 8.2.4.1.2. By Application
    • 8.2.4.1.3. By End User
    • 8.2.4.2. Canada
    • 8.2.4.2.1. By Type
    • 8.2.4.2.2. By Application
    • 8.2.4.2.3. By End User

9. Europe Contract Research Organization (CRO) Services Market

• 9.1. Market Size & Forecast, 2019-2031
  • 9.1.1. By Value (USD Billion)
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By End User
  • 9.2.4. By Country
    • 9.2.4.1. Germany
    • 9.2.4.1.1. By Type
    • 9.2.4.1.2. By Application
    • 9.2.4.1.3. By End User
    • 9.2.4.2. United Kingdom
    • 9.2.4.2.1. By Type
    • 9.2.4.2.2. By Application
    • 9.2.4.2.3. By End User
    • 9.2.4.3. Italy
    • 9.2.4.3.1. By Type
    • 9.2.4.3.2. By Application
    • 9.2.4.3.3. By End User
    • 9.2.4.4. France
    • 9.2.4.4.1. By Type
    • 9.2.4.4.2. By Application
    • 9.2.4.4.3. By End User
    • 9.2.4.5. Spain
    • 9.2.4.5.1. By Type
    • 9.2.4.5.2. By Application
    • 9.2.4.5.3. By End User
    • 9.2.4.6. Belgium
    • 9.2.4.6.1. By Type
    • 9.2.4.6.2. By Application
    • 9.2.4.6.3. By End User
    • 9.2.4.7. Russia
    • 9.2.4.7.1. By Type
    • 9.2.4.7.2. By Application
    • 9.2.4.7.3. By End User
    • 9.2.4.8. The Netherlands
    • 9.2.4.8.1. By Type
    • 9.2.4.8.2. By Application
    • 9.2.4.8.3. By End User
    • 9.2.4.9. Rest of Europe
    • 9.2.4.9.1. By Type
    • 9.2.4.9.2. By Application
    • 9.2.4.9.3. By End User

10. Asia Pacific Contract Research Organization (CRO) Services Market

• 10.1. Market Size & Forecast, 2019-2031
  • 10.1.1. By Value (USD Billion)
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By End User
  • 10.2.4. By Country
    • 10.2.4.1. China
    • 10.2.4.1.1. By Type
    • 10.2.4.1.2. By Application
    • 10.2.4.1.3. By End User
    • 10.2.4.2. India
    • 10.2.4.2.1. By Type
    • 10.2.4.2.2. By Application
    • 10.2.4.2.3. By End User
    • 10.2.4.3. Japan
    • 10.2.4.3.1. By Type
    • 10.2.4.3.2. By Application
    • 10.2.4.3.3. By End User
    • 10.2.4.4. South Korea
    • 10.2.4.4.1. By Type
    • 10.2.4.4.2. By Application
    • 10.2.4.4.3. By End User
    • 10.2.4.5. Australia & New Zealand
    • 10.2.4.5.1. By Type
    • 10.2.4.5.2. By Application
    • 10.2.4.5.3. By End User
    • 10.2.4.6. Indonesia
    • 10.2.4.6.1. By Type
    • 10.2.4.6.2. By Application
    • 10.2.4.6.3. By End User
    • 10.2.4.7. Malaysia
    • 10.2.4.7.1. By Type
    • 10.2.4.7.2. By Application
    • 10.2.4.7.3. By End User
    • 10.2.4.8. Singapore
    • 10.2.4.8.1. By Type
    • 10.2.4.8.2. By Application
    • 10.2.4.8.3. By End User
    • 10.2.4.9. Vietnam
    • 10.2.4.9.1. By Type
    • 10.2.4.9.2. By Application
    • 10.2.4.9.3. By End User
    • 10.2.4.10. Rest of APAC
    • 10.2.4.10.1. By Type
    • 10.2.4.10.2. By Application
    • 10.2.4.10.3. By End User

11. Latin America Contract Research Organization (CRO) Services Market

• 11.1. Market Size & Forecast, 2019-2031
  • 11.1.1. By Value (USD Billion)
• 11.2. Market Share & Forecast
  • 11.2.1. By Type
  • 11.2.2. By Application
  • 11.2.3. By End User
  • 11.2.4. By Country
    • 11.2.4.1. Brazil
    • 11.2.4.1.1. By Type
    • 11.2.4.1.2. By Application
    • 11.2.4.1.3. By End User
    • 11.2.4.2. Mexico
    • 11.2.4.2.1. By Type
    • 11.2.4.2.2. By Application
    • 11.2.4.2.3. By End User
    • 11.2.4.3. Argentina
    • 11.2.4.3.1. By Type
    • 11.2.4.3.2. By Application
    • 11.2.4.3.3. By End User
    • 11.2.4.4. Peru
    • 11.2.4.4.1. By Type
    • 11.2.4.4.2. By Application
    • 11.2.4.4.3. By End User
    • 11.2.4.5. Rest of LATAM
    • 11.2.4.5.1. By Type
    • 11.2.4.5.2. By Application
    • 11.2.4.5.3. By End User

12. Middle East and Africa Contract Research Organization (CRO) Services Market

• 12.1. Market Size & Forecast, 2019-2031
  • 12.1.1. By Value (USD Billion)
• 12.2. Market Share & Forecast
  • 12.2.1. By Type
  • 12.2.2. By Application
  • 12.2.3. By End User
  • 12.2.4. By Country
    • 12.2.4.1. Saudi Arabia
    • 12.2.4.1.1. By Type
    • 12.2.4.1.2. By Application
    • 12.2.4.1.3. By End User
    • 12.2.4.2. UAE
    • 12.2.4.2.1. By Type
    • 12.2.4.2.2. By Application
    • 12.2.4.2.3. By End User
    • 12.2.4.3. Qatar
    • 12.2.4.3.1. By Type
    • 12.2.4.3.2. By Application
    • 12.2.4.3.3. By End User
    • 12.2.4.4. Kuwait
    • 12.2.4.4.1. By Type
    • 12.2.4.4.2. By Application
    • 12.2.4.4.3. By End User
    • 12.2.4.5. South Africa
    • 12.2.4.5.1. By Type
    • 12.2.4.5.2. By Application
    • 12.2.4.5.3. By End User
    • 12.2.4.6. Nigeria
    • 12.2.4.6.1. By Type
    • 12.2.4.6.2. By Application
    • 12.2.4.6.3. By End User
    • 12.2.4.7. Algeria
    • 12.2.4.7.1. By Type
    • 12.2.4.7.2. By Application
    • 12.2.4.7.3. By End User
    • 12.2.4.8. Rest of MEA
    • 12.2.4.8.1. By Type
    • 12.2.4.8.2. By Application
    • 12.2.4.8.3. By End User

13. Competitive Landscape

• 13.1. List of Key Players and Their Offerings
• 13.2. Global Contract Research Organization (CRO) Services Company Market Share Analysis, 2024
• 13.3. Competitive Benchmarking, By Operating Parameters
• 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

14. Global Contract Research Organization (CRO) Services Market: Import & Export

15. Impact of Escalating Geopolitical Tensions on Global Contract Research Organization (CRO) Services Market

16. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

• 16.1. IQVIA
• 16.2. Syneos Health
• 16.3. Charles River Laboratories
• 16.4. Parexel
• 16.5. ICON plc
• 16.6. WuXi AppTec
• 16.7. PPD
• 16.8. Medpace
• 16.9. PRA Health Sciences
• 16.10. PharmOlam
• 16.11. Clinipace
• 16.12. SGS
• 16.13. Other Prominent Players

17. Key Strategic Recommendations

18. Research Methodology

• 18.1. Qualitative Research
  • 18.1.1. Primary & Secondary Research
• 18.2. Quantitative Research
• 18.3. Market Breakdown & Data Triangulation
  • 18.3.1. Secondary Research
  • 18.3.2. Primary Research
• 18.4. Breakdown of Primary Research Respondents, By Region
• 18.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable