Global Healthcare CRO Services Market Size and Forecast 2023-2032|Laboratory Corporation of America Holdings., IQVIA Inc., Icon Plc., PPD Inc., Wuxi Apptec Co. Ltd.

The Healthcare CRO Services Global Market Report 2023, provides comprehensive information on the Healthcare CRO Services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Healthcare CRO Services Market’s Growth:

The global healthcare CRO services market is expected to grow from $52.31 billion in 2022 to $56.8 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare CRO services market is expected to reach $78.12 billion in 2027 at a CAGR of 8.3%.

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Product innovation has emerged as a key trend gaining popularity in the healthcare CRO services market. Major companies operating in the healthcare CRO services market are concentrating on creating innovative products to strengthen their position in the market. For instance, in January 2020, Labcorp, a US-based healthcare company, and Labcorp Drug Development (formerly Covance), a US-based contract research organization, launched solutions for the extensive preclinical, clinical, and post-approval development of cell and gene therapies. These solutions are intended to decrease time and risk for sponsors at every stage and along the continuum of their therapeutic development requirements.

The Healthcare CRO Services market is segmented:

1) By Service Type: Early Phase Development, Clinical Development Services, Laboratory Services, Consulting Services

2) By Therapeutic Area: Oncology, CNS Disorder, Cardiovascular Disease, Metabolic Disease, Infectious Disease, Diabetes, Other Therapeutic Areas

3) By End User: Pharmaceutical Companies, Medical Device Companies, Academic Institutes

North America was the largest region in the Healthcare CRO Services market in 2022.

The table of contents in TBRC’s Healthcare CRO Services market report includes:

1. Executive Summary

2. Healthcare CRO Services Market Characteristics

3. Healthcare CRO Services Market Trends And Strategies

4. Healthcare CRO Services Market – Macro Economic Scenario

5. Healthcare CRO Services Market Segmentation




26. South America Healthcare CRO Services Market

27. Brazil Healthcare CRO Services Market

28. Middle East Healthcare CRO Services Market

29. Africa Healthcare CRO Services Market

30. Healthcare CRO Services Market Competitive Landscape And Company Profiles

Top Major Players:

  • Laboratory Corporation of America Holdings
  • IQVIA Inc
  • Icon Plc
  • PPD Inc
  • Wuxi Apptec Co. Ltd 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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