Part 1
Part 2
Part 3
Part 5
Description
The global Contract Research Organization (CRO) revenue was US$ 73040 million in 2023 and is forecast to a readjusted size of US$ 153920 million by 2030 with a CAGR of 11.4% during the review period (2024-2030). In China the Contract Research Organization (CRO) revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
Contract Research Organization (CRO) Market Size
M= millions and B=billions
This report focuses on global and China Contract Research Organization (CRO) market, also covers the segmentation data of other regions in regional level and county level.
A Contract Research Organization (CRO) is a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of outsourced research services. These services can range across various stages of the drug development process, including preclinical research, clinical trials, regulatory affairs, data management, and market analysis. CROs offer their expertise to help these industries develop and commercialize new drugs, therapies, and medical devices, often by managing or conducting the clinical trials that are required by regulatory agencies before a product can enter the market.
Global Contract Research Organization (CRO) key players include Labcorp, IQVIA, ICON, Parexel, Syneos Health, etc. Global top five manufacturers hold a share over 30%. USA is the largest market, with a share over 45%, followed by Europe and China, both have a share over 40%. In terms of product, Clinical Trial CRO is the largest segment, with a share over 65%. And in terms of application, the largest application is Pharmaceutical, followed by Biotechnology, Medical Device, etc.
The Contract Research Organization (CRO) market has been growing and evolving rapidly, influenced by changes in the pharmaceutical, biotech, and medical device industries. Here are the key trends shaping the CRO market:
Increased Outsourcing in Biopharma and Medical Device Sectors
Growing Demand for R&D Outsourcing: Pharmaceutical and biotech companies are increasingly outsourcing clinical trials and drug development tasks to CROs to reduce costs, speed up timelines, and gain access to specialized expertise.
Small and Mid-Sized Enterprises (SMEs): Smaller companies with limited resources, especially in the biotech sector, are using CRO services to manage their clinical and preclinical studies, focusing on their core research areas.
Adoption of Decentralized and Hybrid Clinical Trials
Decentralized Clinical Trials (DCTs): The COVID-19 pandemic accelerated the adoption of remote and decentralized trials, where CROs use technology like wearable devices, telemedicine, and remote monitoring to reduce patient site visits.
Hybrid Trials: Many CROs are now supporting hybrid trial models, where some trial elements are conducted on-site and others remotely, allowing greater flexibility in patient recruitment and retention.
Increased Focus on Rare Diseases and Specialty Therapies
Orphan Drugs and Personalized Medicine: CROs are focusing more on rare disease trials and personalized medicine, which require niche expertise and innovative trial designs. This focus is driven by advances in genetic and biomarker testing, which allow for more targeted treatment approaches.
Oncology: As one of the most active areas of clinical research, oncology continues to drive demand for CROs due to the complexity and duration of cancer trials and the need for innovative approaches in recruitment and data analysis.
Technological Advancements in Data Collection and Analysis
Artificial Intelligence (AI) and Machine Learning (ML): CROs are leveraging AI and ML for predictive analytics, patient recruitment, and data analysis, enhancing efficiency and accuracy in clinical trials.
Digital Health Tools and Wearable Technology: Real-time data collection from wearables and other digital health devices allows CROs to monitor patient health remotely and continuously, reducing reliance on site visits and improving data quality.
Global Contract Research Organization (CRO) Scope and Market Size
Contract Research Organization (CRO) market is segmented in regional and country level, by players, by Type, and by Application. Players, stakeholders, and other participants in the global Contract Research Organization (CRO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2019-2030.
For China market, this report focuses on the Contract Research Organization (CRO) market size by players, by Type, and by Application, for the period 2019-2030. The key players include the global and local players which play important roles in China.
Market Segmentation
Report Metric
Details
Report Title
Global and China Contract Research Organization (CRO) Market Report & Forecast 2024-2030
Forecasted Market Size in 2030
US$ 153920 million
CAGR(2024-2030)
11.4%
Market Size Available for Years
2019-2030
Global Contract Research Organization (CRO) Companies Covered
Labcorp, IQVIA, Syneos Health, Parexel, PRA, PPD, CRL, ICON, Wuxi Apptec, Medpace Holdings, Tigermed, Boji Medical Technology, Pharmaron
Global Contract Research Organization (CRO) Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Contract Research Organization (CRO) Market, Segment by Type
Preclinical CRO
Clinical Trial CRO
Global Contract Research Organization (CRO) Market, Segment by Application
Pharmaceutical
Biotechnology
Medical Device
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces Contract Research Organization (CRO) definition, global market size, China market size, China percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Contract Research Organization (CRO) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue of Contract Research Organization (CRO) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6: Americas by Type, by Application and by country, revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Contract Research Organization (CRO) revenue, gross margin, and recent development, etc.
Chapter 11: Analyst's Viewpoints/Conclusion
Table of Contents
1 Study Coverage
1.1 Contract Research Organization (CRO) Product Introduction
1.2 Global Contract Research Organization (CRO) Outlook, 2019 VS 2023 VS 2030
1.2.1 Global Contract Research Organization (CRO) Market Size for the Year 2019-2030
1.2.2 China Contract Research Organization (CRO) Market Size for the Year 2019-2030
1.3 Contract Research Organization (CRO) Market Size, China VS Global, 2019 VS 2023 VS 2030
1.3.1 The Market Share of China Contract Research Organization (CRO) in Global, 2019 VS 2023 VS 2030
1.3.2 The Growth Rate of Contract Research Organization (CRO) Market Size, China VS Global, 2019 VS 2023 VS 2030
1.4 Contract Research Organization (CRO) Market Dynamics
1.4.1 Contract Research Organization (CRO) Industry Trends
1.4.2 Contract Research Organization (CRO) Market Drivers
1.4.3 Contract Research Organization (CRO) Market Challenges
1.4.4 Contract Research Organization (CRO) Market Restraints
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Contract Research Organization (CRO) by Type
2.1 Contract Research Organization (CRO) Market by Type
2.1.1 Preclinical CRO
2.1.2 Clinical Trial CRO
2.2 Global Contract Research Organization (CRO) Market Size by Type (2019, 2023 & 2030)
2.3 Global Contract Research Organization (CRO) Market Size by Type (2019-2030)
2.4 China Contract Research Organization (CRO) Market Size by Type (2019, 2023 & 2030)
2.5 China Contract Research Organization (CRO) Market Size by Type (2019-2030)
3 Contract Research Organization (CRO) by Application
3.1 Contract Research Organization (CRO) Market by Application
3.1.1 Pharmaceutical
3.1.2 Biotechnology
3.1.3 Medical Device
3.1.4 Others
3.2 Global Contract Research Organization (CRO) Market Size, by Application (2019, 2023 & 2030)
3.3 Global Contract Research Organization (CRO) Market Size by Application (2019-2030)
3.4 China Contract Research Organization (CRO) Market Size by Application (2019, 2023 & 2030)
3.5 China Contract Research Organization (CRO) Market Size by Application (2019-2030)
4 Global Contract Research Organization (CRO) Competitor Landscape by Company
4.1 Global Contract Research Organization (CRO) Market Size by Company
4.1.1 Global Key Companies of Contract Research Organization (CRO), Ranked by Revenue (2023)
4.1.2 Global Contract Research Organization (CRO) Revenue by Player (2019-2024)
4.2 Global Contract Research Organization (CRO) Concentration Ratio (CR)
4.2.1 Contract Research Organization (CRO) Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Companies of Contract Research Organization (CRO) in 2023
4.2.3 Global Contract Research Organization (CRO) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Players of Contract Research Organization (CRO) Head office and Area Served
4.4 Global Key Players of Contract Research Organization (CRO), Product and Application
4.5 Global Key Players of Contract Research Organization (CRO), Date of Enter into This Industry
4.6 Companies Mergers & Acquisitions, Expansion Plans
4.7 China Contract Research Organization (CRO) Market Size by Company
4.7.1 Key Players of Contract Research Organization (CRO) in China, Ranked by Revenue (2023)
4.7.2 China Contract Research Organization (CRO) Revenue by Players (2022, 2023 & 2024)
5 Global Contract Research Organization (CRO) Market Size by Region
5.1 Global Contract Research Organization (CRO) Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Contract Research Organization (CRO) Market Size by Region (2019-2030)
5.2.1 Global Contract Research Organization (CRO) Market Size by Region: 2019-2024
5.2.2 Global Contract Research Organization (CRO) Market Size by Region: 2025-2030
6 Americas
6.1 Americas Contract Research Organization (CRO) Market Size YoY Growth 2019-2030
6.2 Americas Contract Research Organization (CRO) Market Size by Type
6.2.1 Americas Contract Research Organization (CRO) Market Size by Type (2019-2024)
6.2.2 Americas Contract Research Organization (CRO) Market Size by Type (2025-2030)
6.2.3 Americas Contract Research Organization (CRO) Market Share by Type (2019-2030)
6.3 Americas Contract Research Organization (CRO) Market Size by Application
6.3.1 Americas Contract Research Organization (CRO) Market Size by Application (2019-2024)
6.3.2 Americas Contract Research Organization (CRO) Market Size by Application (2025-2030)
6.3.3 Americas Contract Research Organization (CRO) Market Share by Application (2019-2030)
6.4 Americas Contract Research Organization (CRO) Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 United States
6.4.2 Canada
6.4.3 Mexico
6.4.4 Brazil
7 EMEA
7.1 EMEA Contract Research Organization (CRO) Market Size YoY Growth 2019-2030
7.2 EMEA Contract Research Organization (CRO) Market Size by Type
7.2.1 EMEA Contract Research Organization (CRO) Market Size by Type (2019-2024)
7.2.2 EMEA Contract Research Organization (CRO) Market Size by Type (2025-2030)
7.2.3 EMEA Contract Research Organization (CRO) Market Share by Type (2019-2030)
7.3 EMEA Contract Research Organization (CRO) Market Size by Application
7.3.1 EMEA Contract Research Organization (CRO) Market Size by Application (2019-2024)
7.3.2 EMEA Contract Research Organization (CRO) Market Size by Application (2025-2030)
7.3.3 EMEA Contract Research Organization (CRO) Market Share by Application (2019-2030)
7.4 EMEA Contract Research Organization (CRO) Market Facts & Figures by Region (2019, 2023 & 2030)
7.4.1 Europe
7.4.2 Middle East
7.4.3 Africa
8 China
8.1 China Contract Research Organization (CRO) Market Size by Type
8.1.1 China Contract Research Organization (CRO) Market Size by Type (2019-2024)
8.1.2 China Contract Research Organization (CRO) Market Size by Type (2025-2030)
8.1.3 China Contract Research Organization (CRO) Market Share by Type (2019-2030)
8.2 China Contract Research Organization (CRO) Market Size by Application
8.2.1 China Contract Research Organization (CRO) Market Size by Application (2019-2024)
8.2.2 China Contract Research Organization (CRO) Market Size by Application (2025-2030)
8.2.3 China Contract Research Organization (CRO) Market Share by Application (2019-2030)
9 APAC (excluding China)
9.1 APAC Contract Research Organization (CRO) Market Size YoY Growth 2019-2030
9.2 APAC Contract Research Organization (CRO) Market Size by Type
9.2.1 APAC Contract Research Organization (CRO) Market Size by Type (2019-2024)
9.2.2 APAC Contract Research Organization (CRO) Market Size by Type (2025-2030)
9.2.3 APAC Contract Research Organization (CRO) Market Share by Type (2019-2030)
9.3 APAC Contract Research Organization (CRO) Market Size by Application
9.3.1 APAC Contract Research Organization (CRO) Market Size by Application (2019-2024)
9.3.2 APAC Contract Research Organization (CRO) Market Size by Application (2025-2030)
9.3.3 APAC Contract Research Organization (CRO) Market Share by Application (2019-2030)
9.4 APAC Contract Research Organization (CRO) Market Facts & Figures by Region (2019, 2023 & 2030)
9.4.1 Japan
9.4.2 South Korea
9.4.3 China Taiwan
9.4.4 ASEAN
9.4.5 India
10 Key Players Profiles
10.1 Labcorp
10.1.1 Labcorp Company Details
10.1.2 Labcorp Business Overview
10.1.3 Labcorp Contract Research Organization (CRO) Introduction
10.1.4 Labcorp Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.1.5 Labcorp Recent Development
10.2 IQVIA
10.2.1 IQVIA Company Details
10.2.2 IQVIA Business Overview
10.2.3 IQVIA Contract Research Organization (CRO) Introduction
10.2.4 IQVIA Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.2.5 IQVIA Recent Development
10.3 Syneos Health
10.3.1 Syneos Health Company Details
10.3.2 Syneos Health Business Overview
10.3.3 Syneos Health Contract Research Organization (CRO) Introduction
10.3.4 Syneos Health Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.3.5 Syneos Health Recent Development
10.4 Parexel
10.4.1 Parexel Company Details
10.4.2 Parexel Business Overview
10.4.3 Parexel Contract Research Organization (CRO) Introduction
10.4.4 Parexel Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.4.5 Parexel Recent Development
10.5 PRA
10.5.1 PRA Company Details
10.5.2 PRA Business Overview
10.5.3 PRA Contract Research Organization (CRO) Introduction
10.5.4 PRA Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.5.5 PRA Recent Development
10.6 PPD
10.6.1 PPD Company Details
10.6.2 PPD Business Overview
10.6.3 PPD Contract Research Organization (CRO) Introduction
10.6.4 PPD Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.6.5 PPD Recent Development
10.7 CRL
10.7.1 CRL Company Details
10.7.2 CRL Business Overview
10.7.3 CRL Contract Research Organization (CRO) Introduction
10.7.4 CRL Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.7.5 CRL Recent Development
10.8 ICON
10.8.1 ICON Company Details
10.8.2 ICON Business Overview
10.8.3 ICON Contract Research Organization (CRO) Introduction
10.8.4 ICON Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.8.5 ICON Recent Development
10.9 Wuxi Apptec
10.9.1 Wuxi Apptec Company Details
10.9.2 Wuxi Apptec Business Overview
10.9.3 Wuxi Apptec Contract Research Organization (CRO) Introduction
10.9.4 Wuxi Apptec Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.9.5 Wuxi Apptec Recent Development
10.10 Medpace Holdings
10.10.1 Medpace Holdings Company Details
10.10.2 Medpace Holdings Business Overview
10.10.3 Medpace Holdings Contract Research Organization (CRO) Introduction
10.10.4 Medpace Holdings Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.10.5 Medpace Holdings Recent Development
10.11 Tigermed
10.11.1 Tigermed Company Details
10.11.2 Tigermed Business Overview
10.11.3 Tigermed Contract Research Organization (CRO) Introduction
10.11.4 Tigermed Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.11.5 Tigermed Recent Development
10.12 Boji Medical Technology
10.12.1 Boji Medical Technology Company Details
10.12.2 Boji Medical Technology Business Overview
10.12.3 Boji Medical Technology Contract Research Organization (CRO) Introduction
10.12.4 Boji Medical Technology Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.12.5 Boji Medical Technology Recent Development
10.13 Pharmaron
10.13.1 Pharmaron Company Details
10.13.2 Pharmaron Business Overview
10.13.3 Pharmaron Contract Research Organization (CRO) Introduction
10.13.4 Pharmaron Revenue in Contract Research Organization (CRO) Business (2019-2024)
10.13.5 Pharmaron Recent Development
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Table of Figures
List of Tables
Table 1. Contract Research Organization (CRO) Market Size, China VS Global, CAGR (2019 VS 2023 VS 2030)
Table 2. Contract Research Organization (CRO) Market Trends
Table 3. Contract Research Organization (CRO) Market Drivers
Table 4. Contract Research Organization (CRO) Market Challenges
Table 5. Contract Research Organization (CRO) Market Restraints
Table 6. Global Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Type: 2019 VS 2023 VS 2030 (US$ Million)
Table 7. China Contract Research Organization (CRO) Market Size by Type: 2019 VS 2023 VS 2030 (US$ Million)
Table 8. Global Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Application: 2019 VS 2023 VS 2030 (US$ Million)
Table 9. China Contract Research Organization (CRO) Market Size by Application: 2019 VS 2023 VS 2030 (US$ Million)
Table 10. Global Key Companies of Contract Research Organization (CRO), Ranked by Revenue (2023) & (US$ Million)
Table 11. Global Contract Research Organization (CRO) Revenue by Player, (US$ Million), 2019-2024
Table 12. Global Contract Research Organization (CRO) Revenue Share by Player, 2019-2024
Table 13. Global Contract Research Organization (CRO) Companies Market Concentration Ratio (CR5 and HHI)
Table 14. Global Contract Research Organization (CRO) by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Contract Research Organization (CRO) as of 2023)
Table 15. Global Key Players of Contract Research Organization (CRO), Headquarters and Area Served
Table 16. Global Key Players of Contract Research Organization (CRO), Product and Application
Table 17. Global Key Players of Contract Research Organization (CRO), Date of Enter into This Industry
Table 18. Companies Mergers & Acquisitions, Expansion Plans
Table 19. Key Players of Contract Research Organization (CRO) in China, Ranked by Revenue (2023) & (US$ Million)
Table 20. China Contract Research Organization (CRO) Revenue by Players, (US$ Million), 2022, 2023 & 2024
Table 21. China Contract Research Organization (CRO) Revenue Share by Players, 2022, 2023 & 2024
Table 22. Global Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Region (US$ Million): 2019 VS 2023 VS 2030
Table 23. Global Contract Research Organization (CRO) Market Size by Region (2019-2024) & (US$ Million)
Table 24. Global Contract Research Organization (CRO) Market Size Forecast by Region (2025-2030) & (US$ Million)
Table 25. Americas Contract Research Organization (CRO) Market Size by Type (2019-2024) & (US$ Million)
Table 26. Americas Contract Research Organization (CRO) Market Size by Type (2025-2030) & (US$ Million)
Table 27. Americas Contract Research Organization (CRO) Market Size by Application (2019-2024) & (US$ Million)
Table 28. Americas Contract Research Organization (CRO) Market Size by Application (2025-2030) & (US$ Million)
Table 29. Americas Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Country (US$ Million): 2019 VS 2023 VS 2030
Table 30. Americas Contract Research Organization (CRO) Market Size by Country (2019-2024) & (US$ Million)
Table 31. Americas Contract Research Organization (CRO) Market Size by Country (2025-2030) & (US$ Million)
Table 32. EMEA Contract Research Organization (CRO) Market Size by Type (2019-2024) & (US$ Million)
Table 33. EMEA Contract Research Organization (CRO) Market Size by Type (2025-2030) & (US$ Million)
Table 34. EMEA Contract Research Organization (CRO) Market Size by Application (2019-2024) & (US$ Million)
Table 35. EMEA Contract Research Organization (CRO) Market Size by Application (2025-2030) & (US$ Million)
Table 36. EMEA Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Region (US$ Million): 2019 VS 2023 VS 2030
Table 37. EMEA Contract Research Organization (CRO) Market Size by Region (2019-2024) & (US$ Million)
Table 38. EMEA Contract Research Organization (CRO) Market Size by Region (2025-2030) & (US$ Million)
Table 39. China Contract Research Organization (CRO) Market Size by Type (2019-2024) & (US$ Million)
Table 40. China Contract Research Organization (CRO) Market Size by Type (2025-2030) & (US$ Million)
Table 41. China Contract Research Organization (CRO) Market Size by Application (2019-2024) & (US$ Million)
Table 42. China Contract Research Organization (CRO) Market Size by Application (2025-2030) & (US$ Million)
Table 43. APAC Contract Research Organization (CRO) Market Size by Type (2019-2024) & (US$ Million)
Table 44. APAC Contract Research Organization (CRO) Market Size by Type (2025-2030) & (US$ Million)
Table 45. APAC Contract Research Organization (CRO) Market Size by Application (2019-2024) & (US$ Million)
Table 46. APAC Contract Research Organization (CRO) Market Size by Application (2025-2030) & (US$ Million)
Table 47. APAC Contract Research Organization (CRO) Market Size Growth Rate (CAGR) by Region (US$ Million): 2019 VS 2023 VS 2030
Table 48. APAC Contract Research Organization (CRO) Market Size by Region (2025-2030) & (US$ Million)
Table 49. APAC Contract Research Organization (CRO) Market Size by Region (2025-2030) & (US$ Million)
Table 50. Labcorp Company Details
Table 51. Labcorp Business Overview
Table 52. Labcorp Contract Research Organization (CRO) Product
Table 53. Labcorp Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 54. Labcorp Recent Development
Table 55. IQVIA Company Details
Table 56. IQVIA Business Overview
Table 57. IQVIA Contract Research Organization (CRO) Product
Table 58. IQVIA Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 59. IQVIA Recent Development
Table 60. Syneos Health Company Details
Table 61. Syneos Health Business Overview
Table 62. Syneos Health Contract Research Organization (CRO) Product
Table 63. Syneos Health Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 64. Syneos Health Recent Development
Table 65. Parexel Company Details
Table 66. Parexel Business Overview
Table 67. Parexel Contract Research Organization (CRO) Product
Table 68. Parexel Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 69. Parexel Recent Development
Table 70. PRA Company Details
Table 71. PRA Business Overview
Table 72. PRA Contract Research Organization (CRO) Product
Table 73. PRA Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 74. PRA Recent Development
Table 75. PPD Company Details
Table 76. PPD Business Overview
Table 77. PPD Contract Research Organization (CRO) Product
Table 78. PPD Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 79. PPD Recent Development
Table 80. CRL Company Details
Table 81. CRL Business Overview
Table 82. CRL Contract Research Organization (CRO) Product
Table 83. CRL Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 84. CRL Recent Development
Table 85. ICON Company Details
Table 86. ICON Business Overview
Table 87. ICON Contract Research Organization (CRO) Product
Table 88. ICON Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 89. ICON Recent Development
Table 90. Wuxi Apptec Company Details
Table 91. Wuxi Apptec Business Overview
Table 92. Wuxi Apptec Contract Research Organization (CRO) Product
Table 93. Wuxi Apptec Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 94. Wuxi Apptec Recent Development
Table 95. Medpace Holdings Company Details
Table 96. Medpace Holdings Business Overview
Table 97. Medpace Holdings Contract Research Organization (CRO) Product
Table 98. Medpace Holdings Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 99. Medpace Holdings Recent Development
Table 100. Tigermed Company Details
Table 101. Tigermed Business Overview
Table 102. Tigermed Contract Research Organization (CRO) Product
Table 103. Tigermed Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 104. Tigermed Recent Development
Table 105. Boji Medical Technology Company Details
Table 106. Boji Medical Technology Business Overview
Table 107. Boji Medical Technology Contract Research Organization (CRO) Product
Table 108. Boji Medical Technology Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 109. Boji Medical Technology Recent Development
Table 110. Pharmaron Company Details
Table 111. Pharmaron Business Overview
Table 112. Pharmaron Contract Research Organization (CRO) Product
Table 113. Pharmaron Revenue in Contract Research Organization (CRO) Business (2019-2024) & (US$ Million)
Table 114. Pharmaron Recent Development
Table 115. Research Programs/Design for This Report
Table 116. Key Data Information from Secondary Sources
Table 117. Key Data Information from Primary Sources
List of Figures
Figure 1. Contract Research Organization (CRO) Product Picture
Figure 2. Global Contract Research Organization (CRO) Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 3. Global Contract Research Organization (CRO) Market Size 2019-2030 (US$ Million)
Figure 4. China Contract Research Organization (CRO) Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 5. China Contract Research Organization (CRO) Market Size 2019-2030 (US$ Million)
Figure 6. China Contract Research Organization (CRO) Market Share in Global 2019-2030
Figure 7. Contract Research Organization (CRO) Report Years Considered
Figure 8. Product Picture of Preclinical CRO
Figure 9. Product Picture of Clinical Trial CRO
Figure 10. Global Contract Research Organization (CRO) Market Share by Type in 2023 & 2030
Figure 11. Global Contract Research Organization (CRO) Market Size by Type (2019-2030) & (US$ Million)
Figure 12. Global Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 13. China Contract Research Organization (CRO) Market Share by Type in 2023 & 2030
Figure 14. China Contract Research Organization (CRO) Market Size by Type (2019-2030) & (US$ Million)
Figure 15. China Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 16. Product Picture of Pharmaceutical
Figure 17. Product Picture of Biotechnology
Figure 18. Product Picture of Medical Device
Figure 19. Product Picture of Others
Figure 20. Global Contract Research Organization (CRO) Market Share by Application in 2023 & 2030
Figure 21. Global Contract Research Organization (CRO) Market Size by Application (2019-2030) & (US$ Million)
Figure 22. Global Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 23. China Contract Research Organization (CRO) Market Share by Application in 2023 & 2030
Figure 24. China Contract Research Organization (CRO) Market Size by Application (2019-2030) & (US$ Million)
Figure 25. China Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 26. The Top 5 and 10 Largest Companies of Contract Research Organization (CRO) in the World: Market Share by Contract Research Organization (CRO) Revenue in 2023
Figure 27. Global Contract Research Organization (CRO) Market Size Market Share by Region: 2019 VS 2023 VS 2030
Figure 28. Global Contract Research Organization (CRO) Market Share by Region (2019-2030)
Figure 29. Americas Contract Research Organization (CRO) Market Size Growth Rate 2019-2030 (US$ Million)
Figure 30. Americas Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 31. Americas Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 32. United States Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 33. Canada Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 34. Mexico Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 35. Brazil Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 36. EMEA Contract Research Organization (CRO) Market Size Growth Rate 2019-2030 (US$ Million)
Figure 37. EMEA Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 38. EMEA Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 39. Europe Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 40. Middle East Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 41. Africa Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 42. China Contract Research Organization (CRO) Market Size Growth Rate 2019-2030 (US$ Million)
Figure 43. China Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 44. China Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 45. APAC Contract Research Organization (CRO) Market Size Growth Rate 2019-2030 (US$ Million)
Figure 46. APAC Contract Research Organization (CRO) Market Share by Type (2019-2030)
Figure 47. APAC Contract Research Organization (CRO) Market Share by Application (2019-2030)
Figure 48. Japan Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 49. South Korea Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 50. China Taiwan Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 51. ASEAN Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 52. India Contract Research Organization (CRO) Market Size Growth Rate (2019-2030) & (US$ Million)
Figure 53. Labcorp Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 54. IQVIA Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 55. Syneos Health Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 56. Parexel Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 57. PRA Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 58. PPD Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 59. CRL Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 60. ICON Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 61. Wuxi Apptec Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 62. Medpace Holdings Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 63. Tigermed Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 64. Boji Medical Technology Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 65. Pharmaron Revenue Growth Rate in Contract Research Organization (CRO) Business (2019-2024)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
Description
The global Contract Research Organization (CRO) revenue was US$ 73040 million in 2023 and is forecast to a readjusted size of US$ 153920 million by 2030 with a CAGR of 11.4% during the review period (2024-2030). In China the Contract Research Organization (CRO) revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
This report focuses on global and China Contract Research Organization (CRO) market, also covers the segmentation data of other regions in regional level and county level.
A Contract Research Organization (CRO) is a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of outsourced research services. These services can range across various stages of the drug development process, including preclinical research, clinical trials, regulatory affairs, data management, and market analysis. CROs offer their expertise to help these industries develop and commercialize new drugs, therapies, and medical devices, often by managing or conducting the clinical trials that are required by regulatory agencies before a product can enter the market.
Global Contract Research Organization (CRO) key players include Labcorp, IQVIA, ICON, Parexel, Syneos Health, etc. Global top five manufacturers hold a share over 30%. USA is the largest market, with a share over 45%, followed by Europe and China, both have a share over 40%. In terms of product, Clinical Trial CRO is the largest segment, with a share over 65%. And in terms of application, the largest application is Pharmaceutical, followed by Biotechnology, Medical Device, etc.
The Contract Research Organization (CRO) market has been growing and evolving rapidly, influenced by changes in the pharmaceutical, biotech, and medical device industries. Here are the key trends shaping the CRO market:
Increased Outsourcing in Biopharma and Medical Device Sectors
Growing Demand for R&D Outsourcing: Pharmaceutical and biotech companies are increasingly outsourcing clinical trials and drug development tasks to CROs to reduce costs, speed up timelines, and gain access to specialized expertise.
Small and Mid-Sized Enterprises (SMEs): Smaller companies with limited resources, especially in the biotech sector, are using CRO services to manage their clinical and preclinical studies, focusing on their core research areas.
Adoption of Decentralized and Hybrid Clinical Trials
Decentralized Clinical Trials (DCTs): The COVID-19 pandemic accelerated the adoption of remote and decentralized trials, where CROs use technology like wearable devices, telemedicine, and remote monitoring to reduce patient site visits.
Hybrid Trials: Many CROs are now supporting hybrid trial models, where some trial elements are conducted on-site and others remotely, allowing greater flexibility in patient recruitment and retention.
Increased Focus on Rare Diseases and Specialty Therapies
Orphan Drugs and Personalized Medicine: CROs are focusing more on rare disease trials and personalized medicine, which require niche expertise and innovative trial designs. This focus is driven by advances in genetic and biomarker testing, which allow for more targeted treatment approaches.
Oncology: As one of the most active areas of clinical research, oncology continues to drive demand for CROs due to the complexity and duration of cancer trials and the need for innovative approaches in recruitment and data analysis.
Technological Advancements in Data Collection and Analysis
Artificial Intelligence (AI) and Machine Learning (ML): CROs are leveraging AI and ML for predictive analytics, patient recruitment, and data analysis, enhancing efficiency and accuracy in clinical trials.
Digital Health Tools and Wearable Technology: Real-time data collection from wearables and other digital health devices allows CROs to monitor patient health remotely and continuously, reducing reliance on site visits and improving data quality.
Global Contract Research Organization (CRO) Scope and Market Size
Contract Research Organization (CRO) market is segmented in regional and country level, by players, by Type, and by Application. Players, stakeholders, and other participants in the global Contract Research Organization (CRO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2019-2030.
For China market, this report focuses on the Contract Research Organization (CRO) market size by players, by Type, and by Application, for the period 2019-2030. The key players include the global and local players which play important roles in China.
Market Segmentation
Chapter Outline
Chapter 1: Introduces Contract Research Organization (CRO) definition, global market size, China market size, China percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Contract Research Organization (CRO) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue of Contract Research Organization (CRO) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6: Americas by Type, by Application and by country, revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Contract Research Organization (CRO) revenue, gross margin, and recent development, etc.
Chapter 11: Analyst's Viewpoints/Conclusion
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
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In-depth and comprehensive analysis
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now