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Contract Pharmaceutical Research Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Contract Pharmaceutical Research Services Market Research Report | Life Sciences | Laboratory Services | Apr 2014

Doctor approved: The industry will continue strong growth as testing of new drugs continues

IBISWorld’s Contract Pharmaceutical Research Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Covance Inc. Covance Inc. market share
Paraxel International Paraxel International market share
Quintiles Transnational Quintiles Transnational market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
10.6%
Annual Growth 14-19
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Profit
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Employment
13,776
Businesses
219
Industry Analysis & Industry Trends

The Contract Pharmaceutical Research Services industry experienced hefty growth in the five years to 2014. Growth will slow slightly in the five years to 2019, but not enough to harm the industry. This is because pharmaceutical companies will continue to fund research and development to find effective new drugs.... purchase to read more

Industry Report - Industry Products Chapter

Early-stage development

Before the initiation of human clinical trials can take place, preclinical services are designed to identify candidates, develop procedures, select formulation, determine exposure and support the clinical trial design. Early stage pharmacology studies attempt to characterize the underlying mechanism and features of a compound, such as its strengths, weaknesses, toxicity, bioactivity, safety and efficacy. During this stage, an Investigative New Drug (IND) application is prepared and plans for clinical trials are suggested and launched. The experimental therapy is then tested in laboratories and animal studies. If they meet the safety and efficacy requirements of the regulatory bodies, the candidate moves into phase I of clinical development... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Contract Pharmaceutical Research Services Industry?

The industry provides a range of research and development services to pharmaceutical manufacturers, including laboratory testing, preclinical and clinical trials, commercialization and post-market surveillance.

Industry Products
Central labPhase IPreclinicalPhase II-IV
 
Industry Activities
Conduct laboratory testing and biostatistical anlaysisConduct preclinical trialsConduct early-stage and late-stage clinical trialsProvide consulting services related to regulation Provide pharmacovigilance


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