According to the Absolute Markets Insights report, clinical monitoring and trial management accounted for the largest share in the global healthcare contract research organizations market in 2020. Clinical monitoring acts as a backbone of home infusion service to keep in check the progress of the patients receiving home treatments. The increasing number of trials is the major factor contributing to the segment growth. According to the data published in the ClinicalTrials.gov database, the number of registered studies was 403,478 studies as of February, 2022, which is almost double that of the year 2015. The COVID-19 pandemic accelerated the ongoing shift to remote clinical trial monitoring. Remote site access and monitoring platforms are now essential elements in the clinical trial process. Moreover, the surge in the trend of outsourcing of clinical trials, and increase in awareness regarding the benefits of using clinical trial management is propelling the segment’s growth in the global healthcare contract research organizations market.
The key companies profiled in the global healthcare contract research organizations market are mentioned below:
Advanced Clinical,BioAgile Therapeutics Pvt. Ltd.,Charles River Laboratories International, Inc.,Clinipace,CTI Clinical Trial & Consulting,Frontage Labs,ICON plc,IQVIA Inc.,Parexel International Corporation,Syneos Health,Thermo Fisher Scientific Inc.,Worldwide Clinical Trials,WuXi AppTec,Other Market Participants
View Full Report Link: https://www.absolutemarketsinsights.com/reports/Global-Healthcare-Contract-Research-Organizations-Market-2022---2029-1040
Key Findings:
- Phase III segment accounted for the highest market share in the healthcare contract research organizations market in 2020.
- Large organizations in the global healthcare contract research organizations market are anticipated to witness highest growth rate over the forecast period. Significant investments by these organizations to accelerate their time to the market and optimise cost is contributing towards the segment’s growth
- Cardiovascular therapeutic area is estimated to grow exponentially over the forecast period in the global healthcare contract research organizations market. Rapid increase in the number of patients suffering from cardiovascular diseases along with increasing investments into the research and development efforts for the disease are simultaneously supplementing the segment’s growth.
- Medical device companies are gaining traction in the global healthcare contract research organizations market as end users. Increasing investments towards development of wearables for varied therapeutic areas is supporting the segment’s growth in the global market.
- Asia Pacific region in the global healthcare contract research organizations market is anticipated to witness fastest growth over the period of next years. Strategic investments by market participants in the region is boosting the region’s share in the global market. For instance, in October 2020, PPD Inc. announced the establishment of a new multipurpose clinical research laboratory in Suzhou, China. The facility is engaged in providing bioanalytical, biomarker, and vaccine services for clinical trials across all phases of pharmaceutical development.
Global Healthcare Contract Research Organization Market:
- By Services:
- Clinical Monitoring & Trial Management
- Data and Project Management
- Medical Writing and Publishing
- Regulatory Services
- Patient Recruitment & Retention
- Safety and Pharmacovigilance
- Statistical Review & Reporting
- Consulting Services
- Others
- By Development Phase:
- Planning & Discovery
- Phase I
- Phase II
- Phase III
- Phase IV
- Post Launch
- By Organization Size:
- Small and Medium Organizations
- Large Organizations
- By Therapeutic Areas:
- Cardiovascular
- Oncology and Hematology
- Infectious Diseases
- Neurology
- Rare Diseases
- Respiratory
- Urology
- Cell & Gene Therapy
- Women’s Health
- Vaccine Development
- Others
- By End Users
- Pharmaceutical Companies
- Biotechnology Companies
- Medical Device Companies
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Contact Us:
Company: Absolute Markets Insights
Email Id: sales@absolutemarketsinsights.com
Phone: IN +917400242424, US +1-510-420-1213
Contact Name: Shreyas Tanna
Website: www.absolutemarketsinsights.com/
No comments:
Post a Comment