Global Contract Research Organization Services Market

Feb 2020| VMR1692A| Verified Market Research

Report Highlights

Contract Research Organization Services Market

According to Verified Market Research, the Global Contract Research Organization Services Market was valued at USD 37.07 Billion in 2018 and is projected to reach USD 65.3 Billion by 2026, growing at a CAGR of 7.3% from 2019 to 2026.

Global Contract Research Organization Services Market Outlook

With an increasing demand for outsourcing analytical testing and clinical trial services and rise in R&D activities are expected to propel the market growth. Moreover, rise in the regulatory pressure on contract research organization and the rising number of clinical trials are the factors that fueling the market growth. However, the aligning of personnel expertise for specific projects is difficult that might limit the market growth. Besides, the lack of skilled scientists might also stagnate the market growth.

Global Contract Research Organization Services Market Competitive Landscape

The Global Contract Research Organization Services Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Charles River, ICON PLC, IQVIA, LabCorp, MeDPAce Holdings, PAREXEL, PPD, PRA Health Sciences, Syneos Health, and WuXi Pharmatech.

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