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  • Writer's picturesiddhesh kapshikar
    • Nov 3, 2023
    • 4 min read

CRO Services Market, Global Outlook and Forecast 2023-2032

The global CRO Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Contract research organization (CRO) provide clinical trial and Others research support services for the pharmaceutical, biotechnology, medical device industries and also serve government institutions, foundations and universities.


This report aims to provide a comprehensive presentation of the global market for CRO Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CRO Services. This report contains market size and forecasts of CRO Services in global, including the following market information:


Global CRO Services Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global top five companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.

Preclinical CRO Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of CRO Services include PPD, ICON, Algorithme, PRA, Syneos Health, Parexel, IQVIA, Charles River - WIL Research and Covance, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the CRO Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global CRO Services Market, by Type, 2018-2023, 2024-2032 ($ millions)

Global CRO Services Market Segment Percentages, by Type, 2022 (%)


  • Preclinical CRO

  • Clinical Trial CRO


Global CRO Services Market, by Application, 2018-2023, 2024-2032 ($ millions)

Global CRO Services Market Segment Percentages, by Application, 2022 (%)


  • Pharmaceutical Industry

  • Biotechnology

  • Medical Device Industry


Global CRO Services Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)

Global CRO Services Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies CRO Services revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies CRO Services revenues share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • PPD

  • ICON

  • Algorithme

  • PRA

  • Syneos Health

  • Parexel

  • IQVIA

  • Charles River - WIL Research

  • Covance

  • LGC

  • KCAS

  • BDS

  • AIT Bioscience

  • Frontage

  • WuXi AppTec

  • Aptuit

  • Envigo

  • Medpace

  • Merck Millipore Sigma

  • BASi

  • QPS

  • SGS

  • Nuvisan

  • Celerion

  • Simbec Orion

  • Alliance Pharma

  • Biopharma Services

  • Evotec

  • Eurofins

  • Concept Bioscience


Outline of Major Chapters:

Chapter 1: Introduces the definition of CRO Services, market overview.

Chapter 2: Global CRO Services market size in revenue.

Chapter 3: Detailed analysis of CRO Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of CRO Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 CRO Services Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global CRO Services Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global CRO Services Overall Market Size 2.1 Global CRO Services Market Size: 2022 VS 2032 2.2 Global CRO Services Market Size, Prospects & Forecasts: 2018-2032 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top CRO Services Players in Global Market 3.2 Top Global CRO Services Companies Ranked by Revenue 3.3 Global CRO Services Revenue by Companies 3.4 Top 3 and Top 5 CRO Services Companies in Global Market, by Revenue in 2022 3.5 Global Companies CRO Services Product Type 3.6 Tier 1, Tier 2 and Tier 3 CRO Services Players in Global Market 3.6.1 List of Global Tier 1 CRO Services Companies 3.6.2 List of Global Tier 2 and Tier 3 CRO Services Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global CRO Services Market Size Markets, 2022 & 2032 4.1.2 Preclinical CRO 4.1.3 Clinical Tr

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