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SAP SE (via Public) / Solution Partners Leverage Industry Cloud to Drive Innovation in the Life Science Industry

SAP SE (via Public) / Solution Partners Leverage Industry Cloud to Drive Innovation in the Life Science Industry
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Global Healthcare Contract Research Organization (CRO) Market 2020-2027: Clinical Segment is Projected to Account for $44.6 Billion of the Total $54.7 Billion Market

Global Healthcare Contract Research Organization (CRO) Market 2020-2027: Clinical Segment is Projected to Account for $44.6 Billion of the Total $54.7 Billion Market
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Global Healthcare Contract Research Organization (CRO) Market 2020-2027: Clinical Segment is Projected to Account for $44.6 Billion of the Total $54.7 Billion Market

Global Healthcare Contract Research Organization (CRO) Market 2020-2027: Clinical Segment is Projected to Account for $44.6 Billion of the Total $54.7 Billion Market
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , South Korea , Laura Wood , Medidata Solutions Inc , Paraxel International , Office Hours Call , Healthcare Contract Research Organization , Global Healthcare Contract Research Organization , Syneos Health , E St Office Hours Call , Medpace Holdings , Product Development , Covance Inc , Firma Clinical Research , Health Sciences , Biosciences Private , Contract Research Organization , Market Trajectory , While China , Discovery Segment , Drug Discovery , Topics Covered , Looming Global Recession , Competitor Market Share Scenario Worldwide , Competitor Market Shares , Advanced Analytics ,

Global $66.1 Billion Healthcare Contract Research Organization Market to 2028: Growing Pressure on Industry Players to Follow Stringent Timelines has Increased Demand

The global healthcare contract research organization market size is expected to reach USD 66.1 billion by 2028
It is expected to expand at a CAGR of 6.6% from 2021 to 2028. The increasing cost of drug development is expected to drive the market over the forecast period.
Moreover, rising clinical trial cost 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.
In addition, growing pressure on industry players to follow stringent timelines has increased the demand for outsourcing research activities to contract research organizations (CROs). Some government organizations are also outsourcing their clinical trial activities so that they can carry out clinical trials with the required infrastructure and expertise and minimize their cost and timelines. ....

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