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Global Healthcare Contract Research Outsourcing Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players

01 Aug, 2022 | 136 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Healthcare Contract Research Outsourcing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.6% during the review period (2022 to 2027).



Healthcare Contract Research Outsourcing Market Overview



Contract research organisations (CROs) are frequently used by healthcare organisations to outsource drug development operations in order to utilise their development capabilities abroad, reduce overall development costs, and shorten the time it takes for a new product to reach the market. CROs have grown in size and have expanded into new therapeutic specialties and job activities, increasing their penetration. The service, therapeutic area, and end-user segments of the worldwide healthcare contract research outsourcing market have been identified.



A thorough executive summary and a glimpse of the growth trends of the main research segments are given in the report. The report also clarifies how the global market for contract research outsourcing in healthcare is changing in terms of competitive dynamics. These are useful resources for both parties interested in entering the global healthcare contract research outsourcing market as well as for players already active in the market.



The report aspects discussed the profile of the top Manufacturers of the global Healthcare Contract Research Outsourcing Market. These aspects include financial Status of major companies, trending advancements and entire market scenario. Growth of the report have examined Healthcare Contract Research Outsourcing Market production, demand and growth Potential, geographic analysis, as well as current market developments in Various regions and countries.



Who are the Major Players in Healthcare Contract Research Outsourcing Market?



The Healthcare Contract Research Outsourcing Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Charles River, Envigo, Laboratory Corporation of America Holdings, Medpace, Pharmaceutical Product Development, IQVIA, ICON plc, Syneos Health, PRA Health Sciences, PAREXEL International Corporation



Industry News:



Parexel Expands Patient Access to Clinical Trials Through New Community Alliance Network



June 16, 2022



Parexel, a leading global clinical research organization (CRO), today announced the launch of its Community Alliance Network, a novel program further integrating clinical research into the community healthcare setting to better serve patients and in turn create further opportunity for increased diversity in clinical trials



What are the major Applications, Types and Regions for Healthcare Contract Research Outsourcing Market?



Healthcare Contract Research Outsourcing Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  •     Regulatory Service

  •     Medical Writing

  •     Pharmacovigilance

  •     Site Management Protocol

  •     Clinical Trial Service

  •     Clinical Data Management & Biometrics

  •     Other



By Applications it is segmented into




  •     Biotechnology Companies

  •     Medical Device Companies

  •     Pharmaceutical Companies

  •     Academic Institutes & Government Organizations



Healthcare Contract Research Outsourcing Market Regional Analysis



North America is expected to offer lucrative opportunities due to factors such as presence of advanced infrastructure required for clinical researches and key government incentive programs in the region, specifically in the U.S. In addition, increase in availability of therapeutics expertise and specialized technologies is expected to result in rise in the number of clinical trial services in the U.S. in the upcoming years



All these factors greatly affect the Healthcare Contract Research Outsourcing Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Healthcare Contract Research Outsourcing Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Graphene-enhanced Composites Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Healthcare Contract Research Outsourcing Market report scope? 























































 



Report Attributes



 



 



Report Details



 



Forecast Period 2022 to 2028 CAGR



 



CAGR of 6.6% during the review period (2022 to 2027).



 



By Type




  •     Regulatory Service

  •     Medical Writing

  •     Pharmacovigilance

  •     Site Management Protocol

  •     Clinical Trial Service

  •     Clinical Data Management & Biometrics

  •     Other



 



By Application




  •     Biotechnology Companies

  •     Medical Device Companies

  •     Pharmaceutical Companies

  •     Academic Institutes & Government Organizations



 



 



 By Companies



 



 



 



Charles River, Envigo, Laboratory Corporation of America Holdings, Medpace, Pharmaceutical Product Development, IQVIA, ICON plc, Syneos Health, PRA Health Sciences, PAREXEL International Corporation,



 



 



Regions Covered



 




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



 



 



 



 



 



 



 



 



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



 



Base Year



 



 



2022



 



Historical Year



 



 



2017 to 2021



 



Forecast Year



 



 



2022 to 2027



Number of pages



136



 



Customization Available



 



 



Yes, the report can be customized as per your needs




 Key Takeaways from this Healthcare Contract Research Outsourcing Market Report




  • Evaluate Healthcare Contract Research Outsourcing Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Healthcare Contract Research Outsourcing Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The Healthcare Contract Research Outsourcing Market is studied from 2017 - 2027.



What is the growth rate of Healthcare Contract Research Outsourcing Market?



The Healthcare Contract Research Outsourcing Market is growing at a CAGR of 6.6% over the next 5 years.



Who are the key players in Healthcare Contract Research Outsourcing Market?



Charles River, Envigo, Laboratory Corporation of America Holdings, Medpace, Pharmaceutical Product Development, IQVIA, ICON plc, Syneos Health, PRA Health Sciences, PAREXEL International Corporation,



What region does this Healthcare Contract Research Outsourcing Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Healthcare Contract Research Outsourcing Market?



Regulatory Service, Medical Writing, Pharmacovigilance, Site Management Protocol, Clinical Trial Service, Clinical Data Management & Biometrics, Other



 What are the major end-use applications of Healthcare Contract Research Outsourcing Market?



Biotechnology Companies, Medical Device Companies, Pharmaceutical Companies, Academic Institutes & Government Organizations


  1. INTRODUCTION

    • MARKET DEFINATION

    • MARKET DYNAMICS

    • MARKET SEGMENTATION

    • REPORT TIMLINES

    • KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    • DATA MINING

      • SECONDARY RESEARCH

      • PRIMARY RESEARCH

      • SUBJECT MATTER EXPERT ADVICE



    • QUALITY CHECK

    • FINAL REVIEW

      • DATA TRIANGULATION

      • BOTTOM-UP APPROACH

      • TOP-DOWN APPROACH

      • RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    • INTRODUCTION

    • GLOBAL HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET BY TYPES

    • GLOBAL HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    • DRIVERS

    • INCREASING DEMAND FOR HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET RESTRAINTS

      • STRINGENT ENVIRONMENTAL REGUALTIONS

      • HIGH COST ON MATERIALS



    • OPPORTUNITIES

      • HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET GROWTH

      • APPLICATION OF HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET



    • IMPACT OF COVID 19



  5. GLOBAL HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET, BY TYPES

    • INTRODUCTION

    •     REGULATORY SERVICE

    •     MEDICAL WRITING

    •     PHARMACOVIGILANCE

    •     SITE MANAGEMENT PROTOCOL

    •     CLINICAL TRIAL SERVICE

    •     CLINICAL DATA MANAGEMENT & BIOMETRICS

    •     OTHER



  6. GLOBAL HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET, BY APPLICATION

    •    INTRODUCTION

    •     BIOTECHNOLOGY COMPANIES

    •     MEDICAL DEVICE COMPANIES

    •     PHARMACEUTICAL COMPANIES

    •     ACADEMIC INSTITUTES & GOVERNMENT ORGANIZATIONS





     7.GLOBAL HEALTHCARE CONTRACT RESEARCH OUTSOURCING MARKET, BY REGION






    • NORTH AMERICA

      • US

      • CANADA

      • MEXICO



    • EUROPE

      • GERMANY

      • FRANCE

      • UK

      • ITALY

      • RUSSIA

      • REST OF EUROPE



    • APAC

      • CHINA

      • SOUTH KOREA

      • JAPAN

      • INDIA

      • AUSTRALIA

      • ASEAN

      • REST OF APAC



    • MIDDLE EAST & AFRICA

      • SAUDI ARABIA

      • UAE

      • SOUTH AFRICA

      • TURKEY

      • REST OF MEA



    • SOUTH AMERICA

      • BRAZIL

      • REST OF MEA

      • ARGENTINA

      • REST OF SOUTH AMERICA





  1. COMPETITIVE LANDSCAPE

    • MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    • AND AGREEMENTS

      • KEY DEVELOPMENT



    • MARKET SHARE (%) **/RANKING ANALYSIS

    • STRATEGIES ADOPTED BY LEADING PLAYERS



  2. COMPANY PROFILES

    • BUSINESS OVERVIEW

    • COMPANY SNAPSHOT

    • PRODUCT BENCHMARKING

    • STRATEGIC INITIATIVES

    •     Charles River

    •     Envigo

    •     Laboratory Corporation of America Holdings

    •     Medpace

    •     Pharmaceutical Product Development

    •     IQVIA

    •     ICON plc

    •     Syneos Health

    •     PRA Health Sciences

    •   PAREXEL International Corporation



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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