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CRO Market to see 9.83% CAGR Globally by 2019, says Research available at Reports and Intellegence
CRO Market to see 9.83% CAGR Globally by 2019, says Research available at Reports and Intellegence
CRO Market: Organizations that support outsourced research services for the Pharmaceutical, Biotechnology, and Medical Devices industries are called CROs. The nature of engagement of outsourced services is generally on contractual basis. This helps the vendors to control their R&D expenditure and concentrate on their core skills.
Portland,
Orgon,
India
(prbd.net)
13/02/2015
Reports and Intelligence adds a report titled “Global CRO Market 2015-2019.” The report forecast the global CRO market to register a CAGR of 9.83% during the forecast period.
CRO refers to the organizations that deal on contractual basis with the outsourced research services for biotechnology, medical devices and pharmaceutical industry. Outsourcing the R&D activities enables the companies to cut down on the expenditure and concentrate on their core competencies.
Browse full report at: http://www.reportsandintelligence.com/global-cro-2015-2019-market
Increased outsourcing of R&D activities is the major factor driving the growth of the market. Also, increasing number of M&A would also propel the market growth in the coming years. However, unavailability of CRO staff is the major challenge for the global CRO market.
The report on the global CRO market provides detailed analysis of the various market trends and the varied factors influencing the growth of the market. The report covers a wide range of geographical regions such as APAC, EMEA and America.
The report further provides a detailed overview of the competitive landscape of the global market with company profiles of the leading companies in the global CRO market. It would help the market vendors and investors to get a deeper understanding of the competitive structure and the growth prospects of the global CRO market.
Companies profiled in the report are Quintiles Translational, Parexel International, Covance and PRA Health Sciences.
Enquire about report at: http://www.reportsandintelligence.com/enquire-about-report/170043
Key Questions Answered in this Report:
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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