Preclinical Cro Industry Statistics

Preclinical CRO industry statistics indicate steady growth with an increasing number of drug development partnerships and outsourcing contracts being formed.

Statistic 1

"The global preclinical contract research organization (CRO) market is estimated to reach USD 6.4 Billion by 2027 at a CAGR of 6.9%."

Sources Icon

Statistic 2

"By 2025, the Oncology segment is expected to dominate the preclinical CRO market."

Sources Icon

Statistic 3

"The bioanalysis and DMPK studies service segment accounted for the largest share (24.5%) of the overall preclinical CRO services market in 2019."

Sources Icon

Statistic 4

"The Pharmaceutical segment counted for approximately 65% of total CRO services in 2020."

Sources Icon

Statistic 5

"The small and mid-size CROs are growing by nearly 15% every year."

Sources Icon

Statistic 6

"The global preclinical CRO market is highly fragmented as the top 5 vendors accounted for only 23% of the total market share."

Sources Icon

Statistic 7

"On average, Phase 0 studies account for approximately 5% of overall preclinical work."

Sources Icon

Statistic 8

"Pharmaceutical spending on preclinical development has risen by 8.3% year on year."

Sources Icon

Statistic 9

"China's preclinical CRO market is growing at a compound annual growth rate (CAGR) of 27.03%"

Sources Icon

Statistic 10

"The medical device segment market size was valued at USD 847.3 million in 2019."

Sources Icon

Statistic 11

"As per the statistics, by 2026, Asia-Pacific is expected to observe the fastest growth in the preclinical CRO services market."

Sources Icon

Statistic 12

"The Asia-Pacific preclinical CRO market is projected to be worth USD 1.75 Billion by 2026."

Sources Icon

Statistic 13

"The number of preclinical CROs has increased by approximately 15% in the last 5 years."

Sources Icon

Statistic 14

"the infection segment of the preclinical CRO market is predicted to grow at a CAGR of around 8.7% during the forecast period of 2020 to 2025."

Sources Icon

Statistic 15

"Europe held the second-largest revenue share in the preclinical CRO market, with nearly 30% in 2019."

Sources Icon

Statistic 16

"Department of Defense (DoD) funding for preclinical CROs increased by 5.6% in Fiscal Year (FY) 2021."

Sources Icon

Statistic 17

"The Latin America preclinical CRO market is expected to represent over 5% growth from 2020 to 2026."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!