A Contract Research Organization is a company that provides support to the pharmaceutical and biotechnology industries in the form of research services outsourced on a contract basis. Contract Research Organization offer a wide range of services that support the drug development process, from early-stage discovery research to large-scale clinical trials. The global Contract Research Organization market is expected to reach $64.8 billion by 2025 from $32.3 billion in 2016, at a compound annual growth rate (CAGR) of 12.8%. The growth of the Contract Research Organization market is driven by the increasing number of drug approvals, the increasing demand for cost-effective drug development, and the increasing number of clinical trials. The major services provided by Contract Research Organization are clinical research, preclinical research, biostatistics, data management, and regulatory affairs. Contract Research Organization also provide other services, such as labo...
Contract Research Organization News