Healthcare Contract Research Organization Market growth driver analysis 2022 - 2030.
The global healthcare contract research organization market size is expected to reach USD 74.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2022 to 2030. The increasing cost of drug development is expected to drive market demand over the forecast period. Also, rising clinical trial costs and challenges pertaining to patient recruitment have led biopharmaceutical companies to turn to regions like Central and Eastern Europe, Asia Pacific, Latin America, and the Middle East for cost savings and quick patient recruitment. Healthcare Contract Research Organization Market Segmentation Grand View Research has segmented the global healthcare Contract Research Organization (CRO) market on the basis of type, service, and region: Based on the TypeInsights, the market is segmented into Drug Discovery, Pre-clinicaland Clinical. The clinical services segment dominated the market for healthcare contract rese...
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