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Growth of Healthcare Contract Research Outsourcing Market Shifts to High Gear with Globalization of Health Articles | May 14 Cheap Sports Jerseys , 2016

The outsourcing market was earlier characterized by the existence of developed economies as major contributors, driving market growth with technological innovations.



A new Transparency Market Research report states that the global healthcare contract research outsourcing market stood at US$25.08 bn in 2011 and is anticipated to reach US$65.03 bn by 2018. It is expected to expand at a healthy CAGR of 14.70% from 2012 to 2018. The title of the report is, “Healthcare Contract Research Outsourcing Market - Global Industry Analysis, Size, Share Cheap Kids Jerseys , Trends And Forecast 2012 - 2018”.

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As per this report, the market for healthcare contract research outsourcing is boosted by the reducing productivity and the rising costs of healthcare research. In addition, factors such as the decrease in research and development projects within the field of new drug formulations and the globalization of drug development processes are also fuelling the market for healthcare contract research outsourcing. On the other hand, factors such as quality problems within the performed research and a number of approval processes and regulations posed on drug discovery and research in a number of nations are amongst the prime factors that may impede the growth of the market in the coming years. In addition, data security problems owing to a lack of supervision of data research processes may also restrain the growth of the market in forthcoming years.

On the basis of service Cheap Youth Jerseys , the healthcare contract research outsourcing market is segmented into drug discovery, clinical trial services, and preclinical studies. Amongst these, the segment of clinical trial services led the market and with a valuation of US$14.21 bn in 2010. The segment of clinical trial services is further segmented into preclinical services, discovery services Cheap Womens Jerseys , phase IV, phase III, phase II, and phase I trial services. Amongst these, the segments of preclinical and discovery services emerged as the most prominent services.聽 The segment of phase IV trial services is further segmented into medical writing services Cheap Mens Jerseys , regulatory services, clinical data management (CDM) services, and others. On the basis of destination research group, the market for healthcare contract research outsourcing is segmented into clinical trial laboratories, contract research organization (CROs) Cheap Jerseys China Free Shipping , and academic medical centers (AMCs).

In terms of geography, the market is segmented into Europe, North America, Asia, and Rest of the World (RoW). Amongst these Cheap Jerseys Free Shipping , the region of North America led the market for healthcare contract research outsourcing and held a share of 64.1% in the market. The regions of Europe and Asia trailed North America. Amongst these, the Asia healthcare contract research outsourcing market is predicted to grow exponentially owing to the rising count of contract research organizations in this region.

According to the report, the chief players operating in the healthcare contract research outsourcing market are Covance, PPD, Quintiles Cheap Jerseys From China , Parexel, Icon, Plc. Medidata Solutions, CRL, Theorem Clinical research Cheap Jerseys China , and InVentiv Health, among others.

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The market for healthcare contract research outsourcing is segmented as follows:

Global healthcare contract research outsourcing market by services
Clinical trial services
Drug discovery
Preclinical studies

Phase IV trial (Post marketing surveillance) services
Regulatory services
Medical writing services
Clinical data management (CDM) services

Global healthcare contract research outsourcing market by destination research groups
Contract Research Organizations (CROs)
Clinical Trial Laboratories
Academic Medical Centers (AMCs)

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