Monday, 7 January 2019

Healthcare Contract Research Outsourcing Market to Showcase Healthy Expansion at 6% CAGR During 2017-2025

Researchmoz added Most up-to-date research on "Healthcare Contract Research Outsourcing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports.

Global Healthcare Contract Research Outsourcing Market: Overview

Now-a-days the drug development process is characterized by large clinical trials, rapid changes in trials protocols for efficient management of data generated and complex procedures, with the growing price of in-house research, the demand for contract research outsourcing is also increasing. These trends have formed pressure on healthcare companies to develop efficient drug development and product commercialization process. Along with the drug development efficiency, healthcare companies are looking to merge and simplify the supply chain, directing sourcing among a preferred number of multiple service providers. In response, large CROs are actively expanding their offerings beyond core clinical research services. Contract research organizations work closely with healthcare companies to conduct clinical research programs and support marketing activities for them. An increasing number of healthcare companies are outsourcing their clinical trials and other services to the contract research organizations.

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This report on the healthcare contract research outsourcing market analyzes the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. The research is a combination of primary and secondary research. Detailed qualitative analysis of factors responsible for driving and restraining market growth and opportunities has been provided in the market overview section. Market revenue in terms of US$ Mn for the period between 2015 and 2025 along with the compound annual growth rate (CAGR %) from 2017 to 2025 are provided for all the segments, considering 2016 as the base year.

Market related factors such as technological developments, product innovation, services offered, infrastructure facilities around the world, and historical year-on-year growth have been taken into consideration while estimating the market size. Growth rates for each segment within the healthcare contract research outsourcing market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, product development life cycle, and regulatory requirements. These factors would help the market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.

Global Healthcare Contract Research Outsourcing Market: Key Segments

On the basis of services, the healthcare contract research outsourcing market is categorized into clinical trial services, regulatory services, clinical data management & biometrics, medical writing, pharmacovigilance, site management protocol and others. On the basis of therapeutic area the healthcare contract research outsourcing market is categorized into oncology/hematology, CNS, CV/metabolic, respiratory, infectious diseases, immunology, rare diseases, medical devices and others. In terms of end users, the healthcare contract research outsourcing market is segmented into hospitals, home care and clinics.

On the basis of geography, the healthcare contract research outsourcing market is segmented into North America, Europe, Asia Pacific and Rest of the world. North America comprises the U.S. and Canada. Europe comprises Germany, France, U.K., Spain, Italy and Rest of Europe. Asia-Pacific comprises China, India, Japan, Australia and New Zealand and Rest of Asia Pacific. The competition matrix section included in the report is likely to assist the existing players to increase their market shares and new companies to establish their presence in the healthcare contract research outsourcing market.

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Companies Mentioned in Report

The report also profiles major players in the healthcare contract research outsourcing market based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. Key companies profiled in the report include Syneos Health, PAREXEL International, ICON PLC, PRA Health Sciences, Inc., Charles River, Laboratory Corporation of America Holdings (Covance), IQVIA, Medpace, Pharmaceutical Product Development, LLC.

The Global Healthcare Contract Research Outsourcing market has been segmented as follows:

    Global Healthcare Contract Research Outsourcings Market, by Service
        Clinical Trial Service
            Preclinical
            Clinical
        Regulatory Service
        Clinical Data Management & Biometrics
            Electronic data capture
            Electronic Patient Recorded Outcomes
            Others
        Medical Writing
        Pharmacovigilance
        Site Management Protocol
        Others
       
    Global Healthcare Contract Research Outsourcings Market, by Therapeutic Area
        Oncology/Hematology
        CNS
        CV/Metabolic
        Respiratory
        Infectious Diseases
        Immunology
        Rare Diseases
        Medical Devices
        Others
       
    Global Healthcare Contract Research Outsourcings Market, by End User
        Pharmaceutical Companies
        Biotechnology Companies
        Medical Device Companies
        Academic Institutes & Government organizations
       
    Global Healthcare Contract Research Outsourcings Market, by Geography
        North America
            U.S.
            Canada
        Europe
            Germany
            U.K.
            France
            Spain
            Italy
            Rest of Europe
        Asia Pacific
            Japan
            China
            India
            Australia & New Zealand
            Rest of Asia Pacific
        Rest of the World

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