Global Medical Device Contract Research Organization Market Size study, by Phase Outlook (Preclinical, Clinical) by Service Outlook (Project Management/Clinical Supply Management, Data Management, Regulatory/Medical Affairs, Medical Writing, Clinical Monitoring, Quality Management/Assurance, Bio-statistics, Investigator Payments, Laboratory, Patient & Site Recruitment, Technology, Others) and Regional Forecasts 2022-2028Global Medical Device Contract Research Organization Market is valued approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028.
Medical Device Contract Research Organization are a contract research organization (CRO) which are specializes in the clinical trial, development, and data management of medical devices particularly. The increasing adoption of CRO is driving the growth for the medical device contact research organization. Furthermore, key market player is taking initiatives such as partnership, collaboration, merger and acquisition which helps in strengthen their market position and grow the market of medical device contract research organization. For example, in 2021, NAMSA, acquired Clinlogix that is a leading organization for clinical expertise. Which enhance the therapeutic expertise for the CRO.
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Also, high government support in pharmaceutical leads to the adoption & demand for Medical Device Contract Research Organization is likely to increase the market growth during the forecast period. However, high manufacturing costs impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Medical Device Contract Research Organization Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the significant region across the world in terms of market share owing to the high prevalence of chronic diseases, upsurging demand for medical devices and government initiatives are rising the demand for medical device contract research organization in the region. Whereas, North America is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as presence of well-established CROs, rising incidences of injuries, improving healthcare infrastructure and growing government support for R&D activities through grants & funds to research institutes would create lucrative growth prospects for the Medical Device Contract Research Organization market across North America region.
Major market player included in this report are:
Icon Plc
IQVIA
Covance
Charles River Laboratories
Syneos Health
MedPace
Promedica International
Wuxi AppTec
Eurofins
Qserve Group
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Phase Outlook:
Preclinical
Clinical
By Service Outlook:
Project Management/Clinical Supply Management
Data Management
Regulatory/Medical Affairs
Medical Writing
Clinical Monitoring
Quality Management/Assurance
Bio-statistics
Investigator Payments
Laboratory
Patient & Site Recruitment
Technology
Others
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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