Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Contract Research Organization Services Market: By Service Type By Application By End User and Geography
Contract Research Organization Services Market size was valued at US$ 54,398.7 million in 2023 and is poised to grow at a CAGR of 8.3% from 2024-2030. The global market provides a detailed overview of the market, and that can be segmented by Service Type, by application, and by end user. By service type, the global contract research organization services market has been segmented into Early Phase Development Services, Clinical Research Services, laboratory services, and Regulatory Consulting Services. The Clinical Research Services segment is likely to be the largest and fastest-growing segment in terms of service type. Based on application, the global contract research organization services market is segmented into Oncology, Cardiology, Infectious disease, Neurology, Gastroenterology & Hepatology Others. Among these, the oncology segment is expected to have the fastest-growing market during the forecast period. Based on end-users, the global contract research organization services market is segmented into Pharmaceutical and biopharmaceutical Companies, Medical Device Companies, and Academic Institutes. The Pharmaceutical & Biopharmaceutical Companies segment accounts for the largest share.
Study Period
2024-2030Base Year
2023CAGR
8.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The growing elderly population, the rise in chronic disease, and the problems linked to lifestyle are all accelerating the demand for contract research organisation (CRO) services. The market is expanding since chronic diseases are becoming more common, especially among the elderly. The significant increase in patient specimens tested in labs and the resulting need for clinical lab testing services, which is supported by government public health screening regulations, are further factors driving the expansion of the contract research organisation (CROs) services industry.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 54,398.7 million |
Market CAGR |
8.3% |
By Service Type |
|
By Application |
|
By End User |
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Based on the end user, the pharmaceutical and biotechnological segment is fastest-growing segment in the global contract research organization market.
The global contract research organization services market size is valued at US$ 54,398.7 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.
The major players in contract research organization services market are BIO Agile Therapeutics, Novotech Health Holding, Parexel International, Firma Clinical Research, Charles River Laboratories, Axcent Advanced Analytics, Geneticist In., Dove Quality Solutions, Frontage Holding Corporation, WuXi AppTec.
1. Executive Summary |
2. Global Contract Research Organization Services Market Introduction |
2.1. Global Contract Research Organization Services Market Taxonomy |
2.2. Global Contract Research Organization Services Market Definitions |
2.2.1. Service Type |
2.2.2. Application |
2.2.3. End User |
3. Global Contract Research Organization Services Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Contract Research Organization Services Market Dynamic Factors - Impact Analysis |
3.6. Global Contract Research Organization Services Market Competition Landscape |
4. Global Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Contract Research Organization Services Market, By Service Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Early Phase Development Services |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Clinical Research Services |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Laboratory Services |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Regulatory Consulting Services |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Contract Research Organization Services Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Oncology |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Cardiology |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Infectious disease |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Neurology |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Gastroenterology & Hepatology |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Contract Research Organization Services Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030 |
7.1. Pharmaceutical & Biopharmaceutical Companies |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Medical Device Companies |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Academic Institutes |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Contract Research Organization Services Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Region, 2024 - 2030 |
9. North America Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. By Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Early Phase Development Services |
9.1.2. Clinical Research Services |
9.1.3. Laboratory Services |
9.1.4. Regulatory Consulting Services |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Oncology |
9.2.2. Cardiology |
9.2.3. Infectious disease |
9.2.4. Neurology |
9.2.5. Gastroenterology & Hepatology |
9.2.6. Others |
9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Pharmaceutical & Biopharmaceutical Companies |
9.3.2. Medical Device Companies |
9.3.3. Academic Institutes |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Country, 2024 - 2030 |
9.6. North America Contract Research Organization Services Market Dynamics Trends |
10. Europe Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. By Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Early Phase Development Services |
10.1.2. Clinical Research Services |
10.1.3. Laboratory Services |
10.1.4. Regulatory Consulting Services |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Oncology |
10.2.2. Cardiology |
10.2.3. Infectious disease |
10.2.4. Neurology |
10.2.5. Gastroenterology & Hepatology |
10.2.6. Others |
10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Pharmaceutical & Biopharmaceutical Companies |
10.3.2. Medical Device Companies |
10.3.3. Academic Institutes |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Country, 2024 - 2030 |
10.6. Europe Contract Research Organization Services Market Dynamics Trends |
11. Asia-Pacific Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. By Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Early Phase Development Services |
11.1.2. Clinical Research Services |
11.1.3. Laboratory Services |
11.1.4. Regulatory Consulting Services |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Oncology |
11.2.2. Cardiology |
11.2.3. Infectious disease |
11.2.4. Neurology |
11.2.5. Gastroenterology & Hepatology |
11.2.6. Others |
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Pharmaceutical & Biopharmaceutical Companies |
11.3.2. Medical Device Companies |
11.3.3. Academic Institutes |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Country, 2024 - 2030 |
11.6. Asia-Pacific Contract Research Organization Services Market Dynamics Trends |
12. Latin America Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. By Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Early Phase Development Services |
12.1.2. Clinical Research Services |
12.1.3. Laboratory Services |
12.1.4. Regulatory Consulting Services |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Oncology |
12.2.2. Cardiology |
12.2.3. Infectious disease |
12.2.4. Neurology |
12.2.5. Gastroenterology & Hepatology |
12.2.6. Others |
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Pharmaceutical & Biopharmaceutical Companies |
12.3.2. Medical Device Companies |
12.3.3. Academic Institutes |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Country, 2024 - 2030 |
12.6. Latin America Contract Research Organization Services Market Dynamics Trends |
13. Middle East and Africa Contract Research Organization Services Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. By Service Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Early Phase Development Services |
13.1.2. Clinical Research Services |
13.1.3. Laboratory Services |
13.1.4. Regulatory Consulting Services |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Oncology |
13.2.2. Cardiology |
13.2.3. Infectious disease |
13.2.4. Neurology |
13.2.5. Gastroenterology & Hepatology |
13.2.6. Others |
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Pharmaceutical & Biopharmaceutical Companies |
13.3.2. Medical Device Companies |
13.3.3. Academic Institutes |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Contract Research Organization Services Market - Opportunity Analysis Index, By Service Type, Application, End User, and Country, 2024 - 2030 |
13.6. MEA Contract Research Organization Services Market Dynamics Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Charles River Laboratories, Inc. |
14.2.2. Parexel International Corporation |
14.2.3. LabCorp |
14.2.4. SGS |
14.2.5. Syneos Health, Inc. |
14.2.6. Icon plc |
14.2.7. WuXi AppTec Group |
14.2.8. Medpace Holdings, Inc. |
14.2.9. PRA Health Sciences, Inc. |
14.2.10. Veristat, LLC |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players