GITNUX MARKETDATA REPORT 2024

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%."

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Statistic 2

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

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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."

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Statistic 4

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

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Statistic 5

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

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Statistic 6

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

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Statistic 7

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

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Statistic 8

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

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Statistic 9

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

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Statistic 10

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

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Statistic 11

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

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Statistic 12

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

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Statistic 13

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

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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."

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Statistic 15

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

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Statistic 16

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

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Statistic 17

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

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