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Global CRO Market to Reach $64.58 Billion by 2021NEW YORK, April 25, 2017 /PRNewswire/ -- The Global CRO Market, Forecast to 2021, presents an overview and analysis of the global clinical trials and research outsourcing (CRO) market. It provides revenue forecasts for CROs globally by phase, therapeutic type and region. With the consolidation of the market as well as a higher cost and risk involved, the big companies are slowly shifting their business models towards a more collaborative business model and have started to look out for partners, giving rise to Bio analytics focused CROs. Further to this, a detailed information will be provided on support services such as Central laboratory services, Bio analytics and Data management. The report covers the complete life cycle of CRO industry, starting from preclinical trials to post-marketing surveillance. One of the focus areas of this study would be bio analytics services, which is making a big impact in CRO industry. There is a major shift observed across the CRO landscape with several key pharma players now outsourcing their early drug development activities (pre-clinical and early phase research) to some of the leading CRO players in the market which was earlier handled by pharma companies themselves. Some of the key questions being answered by this report include: • How will the contract research outsourcing help in drug development by saving time and cost for manufacturers? • What is the impact of the market growth in different regions? • Who are the dominant market participants in the CRO market and their market share contribution? • What are the key market trends observed toward expansion of contract research organizations in drug development across key therapeutic areas? • Do the products/services offered today meet customer needs or is additional development needed? • What are the key segments to look out for and what are the key trends in the market? Read the full report: http://www.reportlinker.com/p04847400/Global-CRO-Market.html To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-cro-market-to-reach-6458-billion-by-2021-300445829.html SOURCE Reportlinker |