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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

Barriers to entry into the Contract Pharmaceutical Research Services industry are high and increasing. Companies competing in the industry require high capital investments, as well as highly trained and specialized personnel. Purchases represent the most significant industry cost and new entrants may find it costly to attract skilled employees versed in medical knowledge and an understanding of the clinical trial process. New entrants must compete with major companies that have already established a strong reputation among pharmaceutical companies, often securing long-term contracts using their proven track records... 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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