Dublin, July 06, 2021 (GLOBE NEWSWIRE) -- The "2021 CRO Market Size & Growth Projections" report has been added to ResearchAndMarkets.com's offering.
Overall, 2020 was not a horrible year for CROs.
Yes, we predicted an overall downturn in the market and we are sticking by that based mainly on the hypothesis that the large CROs fared better than the smaller ones.
What do the financial numbers tell us?
They tell us proposals, RFPs, and contracting were strong in 2020, as witnessed by the impressive growth in backlog. The numbers also tell us that the larger CROs struggled a bit turning the backlog into revenue, which is highly understandable given how much of the healthcare system was under attack in 2020.
If first quarter 2021 numbers are any indication, it looks like the future is quite positive for the larger CROs as they work through record-level backlog levels.
The report provides quantitative analysis into the constant question, "What is the size of the CRO market?" The data within are segmented by phase, geography and service line in order to generate a full picture of the clinical development services market.
What You Will Learn:
Estimated R&D expenditures through 2025
Projected spending on development, Phase I-IV development, and outsourced Phase I-IV development through 2025, segmented by sponsor type:
Large pharma - large molecule
Large pharma - small molecule
Non-large pharma - large molecule
Non-large pharma - small molecule
Spending on CRO services segmented by:
Overall Market Size and Growth
2021 Geographic Assessment
2021 Service-line Assessment
2021 Development Phase I-IV Assessment
2020-2025 CRO Market Model
2021 Public CRO Market Share
Key Topics Covered:
1. Overall Market Size and Growth
Top-Down Approach to Market Size
R&D Sources and Distribution
R&D Expenditures by Segment (2020-2025)
Model Adjustments - From R&D to CRO Market Size
Development as a Percent of R&D by Segment (2021)
Development Expenditures by Segment (2020-2025)
Phase I-IV Development Spending
Ph I-IV Development as a Percent of Development by Segment (2021)
Ph I-IV Development Expenditures by Segment (2020-2025)
Outsourced Phase I-IV Development Spending
Outsourced Ph I-IV Development as a Percent of Development by Segment (2020-2025)
Outsourced Ph I-IV Development Expenditures by Segment (2020-2025)
2021 Full Model Analysis
2. 2021 Geographic Assessment
2021 Geographic Distribution (%) of the CRO Market Size
2021 Geographic Distribution ($B) of the CRO Market Size
3. 2021 Service-Line Assessment
2021 Service-Line Distribution (%) of the CRO Market Size
2021 Service-Line Distribution ($B) of the CRO Market Size
4. 2021 Development Phase I-IV Assessment
2021 Development Phase Distribution (%) of the CRO Market Size
2021 Development Phase Distribution ($B) of the CRO Market Size
5. 2020-2025 CRO Market Model
6. 2018 Public CRO Market Share
2018 Public CRO Market Shares
For more information about this report visit https://www.researchandmarkets.com/r/gi8myo
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