CONTRACT RESEARCH ORGANIZATION
                     CONTRACT RESEARCH ORGANIZATION 
SERVICES MARKET - 
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND 
OPPORTUNITY ANALYSIS, 2020-2027
REPORT DESCRIPTION
CONTRACT RESEARCH ORGANIZATION SERVICES MARKET – Overview
ncreasing number of Food and Drug administration (FDA) approvals are supporting the growth of biopharma 
industry, which in turn is fuelling growth of the CROs market. According to article published in Nature, the U.S. 
FDA approved 46 novel drugs for various indication by the agency’s Center for Drug Evaluation and Research 
(CDER) in 2017 and 22 drugs in 2016. 
Furthermore, stringent regulatory policies for drug development make process more complex, as it required more 
resources to develop new drugs, devices, and biologics.  These process requires expertise in broad scientific 
disciplines of preclinical, clinical, ancillary clinical in chemistry, packaging, manufacturing, project management, 
and regulatory affairs which are provided by the CRO’s, considered as a major reason for drug companies to 
outsource clinical trials to CROs. Besides, the pharmaceuticals & biopharmaceutical companies are collaborating 
to undergo clinical trials with CROs to undergo the drug development process.
For instance, in May 2018, Ritter Pharmaceuticals, Inc. a developer of novel therapeutic products signed an 
agreement with the clinical research organization (CRO) Medpace to conduct the first of two pivotal Phase 3 
clinical trials for RP-G28 in patients with lactose intolerance (LI).
REPORT DESCRIPTION
Contract Research Organization Services Market Taxonomy:
By Type:
Clinical Research Services
Early Phase Development Services
Laboratory Services
By Therapeutic Application:
Oncology
Infectious Diseases
Central Nervous System (CNS) Disorders
By End User:
Pharmaceuticals & Biopharmaceutical Companies
Medical Device Companies
Academic Institutes
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REPORT DESCRIPTION
Contract Research Organization Services Market– Key Players
 IQVIA
  LabCorp
  PAREXEL
  ICON plc
  PPD
  PRA Health Sciences
  Syneos Health,
  Charles River
  Wuxi PharmaTech
  Medpace Holdings
  SGS
  Envigo
 MPI Research.
  
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arket-1592
 
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