Healthcare Contract Research Outsourcing Market, By Services Type, By End User (CROs, Clinical Trial Laboratories, and AMCs), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)
Pharmaceutical Product Development Inc(A subsidiary of Thermo Fisher Scientific Inc.)
Parexel International(MA) Corporation
Charles River Laboratories
ICON plc
Medidata
Inventiv Health, Inc.(A subsidiary of Syneos Health)
Medpace
Piramal Enterprises Ltd.
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Healthcare Contract Research Outsourcing Market is estimated to be valued at USD 172.63 Bn in 2025 and is expected to reach USD 462.00 Bn by 2032, growing at a compound annual growth rate (CAGR) of 15.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 172.63 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
15.10%
2032 Value Projection:
USD 462.00 Bn
Healthcare contract research outsourcing is conducted by the pharmaceutical and medical device sectors for the development of new drugs and medical devices. Clinical trials form the key part of pharmaceutical drug and medical device development, and in the current scenario, clinical trials are conducted across multiple locations in various geographies. Increasing cost and time required for drug development are expected to propel the global healthcare contract research outsourcing market growth over the forecast period. Furthermore, the increasing number of patent expirations of leading drugs is also expected to aid in the growth of the market.
Market Dynamics
Increasing incidences of collaborations and partnerships are attributed to the growth of the global healthcare contract research outsourcing market. For instance, in September 2022, North American Science Associates, LLC (NAMSA), a Medical Devices Contract Research Organization (CRO) offering global end-to-end development services, and InspireMD, Inc., a developer of the CGuard Embolic Prevention System (EPS) for the treatment of carotid artery disease and prevention of strokes, entered an outsourcing partnership to accelerate medical device development and commercialization.
Key features of the study
This report provides an in-depth analysis of the global healthcare contract research outsourcing market and provides market size (USD Bn) and Compound Annual Growth Rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global healthcare contract research outsourcing market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans.
The key companies covered as a part of this study include, IQVIA Inc., Covance Inc (a subsidiary of Labcorp), Pharmaceutical Product Development Inc (a subsidiary of Thermo Fisher Scientific Inc), Parexel International (MA) Corporation, Charles River Laboratories, ICON plc, Medidata, Inventiv Health, Inc. (A subsidiary of Syneos Health), Medpace, and Piramal Enterprises Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
The global healthcare contract research outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global healthcare contract research outsourcing market.
Market Segmentation
Global Healthcare Contract Research Outsourcing Market, By Services Type
Clinical Trials
Regulatory Services
Medical Writing
Clinical Data Management
Others
Global Healthcare Contract Research Outsourcing Market, By End User
CROs
Clinical Trial Laboratories
AMCs
Global Healthcare Contract Research Outsourcing Market, By Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC
Israel
Rest of Middle East
Africa
South Africa
Central Africa
North Africa
Company Profiles
IQVIA Inc.
Covance Inc (A subsidiary of Labcorp)
Pharmaceutical Product Development Inc (A subsidiary of Thermo Fisher Scientific Inc.)
Parexel International (MA) Corporation
Charles River Laboratories
ICON plc
Medidata
Inventiv Health, Inc. (A subsidiary of Syneos Health)
Medpace
Piramal Enterprises Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Services Type
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trend Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
4. Global Healthcare Contract Research Outsourcing Market, By Service Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Clinical Trials
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Drug Discovery
Preclinical
Phase I
Phase II
Phase III
Phase IV
Regulatory Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Medical Writing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Clinical Data Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
5. Global Healthcare Contract Research Outsourcing Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
CROs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Clinical Trial Laboratories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
AMCs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
6. Global Healthcare Contract Research Outsourcing Market, By Region, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Regions, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (USD Bn)
North Africa
Central Africa
South Africa
7. Competitive Landscape
IQVIA Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Covance Inc (A subsidiary of Labcorp)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Pharmaceutical Product Development Inc (A subsidiary of Thermo Fisher Scientific Inc.)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Parexel International (MA) Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Charles River Laboratories
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
ICON plc
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Medidata
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Inventiv Health, Inc. (A subsidiary of Syneos Health)