Pharmaceutical CRO Market Size, Share, and Trends 2025 to 2034

The global pharmaceutical CRO market size accounted for USD 47.89 billion in 2025 and is predicted to surpass around USD 91.20 billion by 2034, representing a solid CAGR of 7.42% between 2025 and 2034. The Asia Pacific pharmaceutical CRO market size is evaluated at USD 22.51 billion in 2025 and is expected to grow at a solid CAGR of 7.54% during the forecast year. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 5223
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Pharmaceutical CRO Market 

5.1. COVID-19 Landscape: Pharmaceutical CRO Industry Impact

5.2. COVID-19  Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Pharmaceutical CRO Market, By Type

8.1. Pharmaceutical CRO Market, by Type

8.1.1. Drug Discovery

8.1.1.1. Market Revenue and Forecast

8.1.2. Pre-Clinical

8.1.2.1. Market Revenue and Forecast

8.1.3. Clinical

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Pharmaceutical CRO Market, By Molecule Type

9.1. Pharmaceutical CRO Market, by Molecule Type

9.1.1. Small Molecules

9.1.1.1. Market Revenue and Forecast

9.1.2. Large Molecules

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Pharmaceutical CRO Market, By Service 

10.1. Pharmaceutical CRO Market, by Service

10.1.1. Project Management/Clinical Supply Management

10.1.1.1. Market Revenue and Forecast

10.1.2. Data Management

10.1.2.1. Market Revenue and Forecast

10.1.3. Regulatory/Medical Affairs

10.1.3.1. Market Revenue and Forecast

10.1.4. Medical Writing

10.1.4.1. Market Revenue and Forecast

10.1.5. Clinical Monitoring

10.1.5.1. Market Revenue and Forecast

10.1.6. Quality Management/ Assurance

10.1.6.1. Market Revenue and Forecast

10.1.7. Biostatistics

10.1.7.1. Market Revenue and Forecast

10.1.8. Investigator Payments

10.1.8.1. Market Revenue and Forecast

10.1.9. Laboratory

10.1.9.1. Market Revenue and Forecast

10.1.10. Patient And Site Recruitment

10.1.10.1. Market Revenue and Forecast

10.1.11. Technology

10.1.11.1. Market Revenue and Forecast

10.1.12. Others

10.1.12.1. Market Revenue and Forecast

Chapter 11. Global Pharmaceutical CRO Market, By Therapeutic Areas 

11.1. Pharmaceutical CRO Market, by Therapeutic Areas

11.1.1. Oncology

11.1.1.1. Market Revenue and Forecast

11.1.2. Cns Disorders

11.1.2.1. Market Revenue and Forecast

11.1.3. Infectious Diseases

11.1.3.1. Market Revenue and Forecast

11.1.4. Immunological Disorders

11.1.4.1. Market Revenue and Forecast

11.1.5. Cardiovascular Disease

11.1.5.1. Market Revenue and Forecast

11.1.6. Respiratory Diseases

11.1.6.1. Market Revenue and Forecast

11.1.7. Diabetes

11.1.7.1. Market Revenue and Forecast

11.1.8. Ophthalmology

11.1.8.1. Market Revenue and Forecast

11.1.9. Pain Management

11.1.9.1. Market Revenue and Forecast

11.1.10. Others

11.1.10.1. Market Revenue and Forecast

Chapter 12. Global Pharmaceutical CRO Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Type

12.1.2. Market Revenue and Forecast, by Molecule Type

12.1.3. Market Revenue and Forecast, by Service

12.1.4. Market Revenue and Forecast, by Therapeutic Areas

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Type

12.1.5.2. Market Revenue and Forecast, by Molecule Type

12.1.5.3. Market Revenue and Forecast, by Service

12.1.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Type

12.1.6.2. Market Revenue and Forecast, by Molecule Type

12.1.6.3. Market Revenue and Forecast, by Service

12.1.6.4. Market Revenue and Forecast, by Therapeutic Areas

12.2. Europe

12.2.1. Market Revenue and Forecast, by Type

12.2.2. Market Revenue and Forecast, by Molecule Type

12.2.3. Market Revenue and Forecast, by Service

12.2.4. Market Revenue and Forecast, by Therapeutic Areas

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Type

12.2.5.2. Market Revenue and Forecast, by Molecule Type

12.2.5.3. Market Revenue and Forecast, by Service

12.2.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Type

12.2.6.2. Market Revenue and Forecast, by Molecule Type

12.2.6.3. Market Revenue and Forecast, by Service

12.2.6.4. Market Revenue and Forecast, by Therapeutic Areas

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Type

12.2.7.2. Market Revenue and Forecast, by Molecule Type

12.2.7.3. Market Revenue and Forecast, by Service

12.2.7.4. Market Revenue and Forecast, by Therapeutic Areas

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Type

12.2.8.2. Market Revenue and Forecast, by Molecule Type

12.2.8.3. Market Revenue and Forecast, by Service

12.2.8.4. Market Revenue and Forecast, by Therapeutic Areas

12.3. APAC

12.3.1. Market Revenue and Forecast, by Type

12.3.2. Market Revenue and Forecast, by Molecule Type

12.3.3. Market Revenue and Forecast, by Service

12.3.4. Market Revenue and Forecast, by Therapeutic Areas

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Type

12.3.5.2. Market Revenue and Forecast, by Molecule Type

12.3.5.3. Market Revenue and Forecast, by Service

12.3.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Type

12.3.6.2. Market Revenue and Forecast, by Molecule Type

12.3.6.3. Market Revenue and Forecast, by Service

12.3.6.4. Market Revenue and Forecast, by Therapeutic Areas

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Type

12.3.7.2. Market Revenue and Forecast, by Molecule Type

12.3.7.3. Market Revenue and Forecast, by Service

12.3.7.4. Market Revenue and Forecast, by Therapeutic Areas

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Type

12.3.8.2. Market Revenue and Forecast, by Molecule Type

12.3.8.3. Market Revenue and Forecast, by Service

12.3.8.4. Market Revenue and Forecast, by Therapeutic Areas

12.4. MEA

12.4.1. Market Revenue and Forecast, by Type

12.4.2. Market Revenue and Forecast, by Molecule Type

12.4.3. Market Revenue and Forecast, by Service

12.4.4. Market Revenue and Forecast, by Therapeutic Areas

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Type

12.4.5.2. Market Revenue and Forecast, by Molecule Type

12.4.5.3. Market Revenue and Forecast, by Service

12.4.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Type

12.4.6.2. Market Revenue and Forecast, by Molecule Type

12.4.6.3. Market Revenue and Forecast, by Service

12.4.6.4. Market Revenue and Forecast, by Therapeutic Areas

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Type

12.4.7.2. Market Revenue and Forecast, by Molecule Type

12.4.7.3. Market Revenue and Forecast, by Service

12.4.7.4. Market Revenue and Forecast, by Therapeutic Areas

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Type

12.4.8.2. Market Revenue and Forecast, by Molecule Type

12.4.8.3. Market Revenue and Forecast, by Service

12.4.8.4. Market Revenue and Forecast, by Therapeutic Areas

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Type

12.5.2. Market Revenue and Forecast, by Molecule Type

12.5.3. Market Revenue and Forecast, by Service

12.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Type

12.5.5.2. Market Revenue and Forecast, by Molecule Type

12.5.5.3. Market Revenue and Forecast, by Service

12.5.5.4. Market Revenue and Forecast, by Therapeutic Areas

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Type

12.5.6.2. Market Revenue and Forecast, by Molecule Type

12.5.6.3. Market Revenue and Forecast, by Service

12.5.6.4. Market Revenue and Forecast, by Therapeutic Areas

Chapter 13. Company Profiles

13.1. Thermo Fisher Scientific Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Medpace

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. IQVIA

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. CTI Clinical Trial & Consulting

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Parexel International (MA) Corporation.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. ICON plc

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Laboratory Corporation of America Holdings

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. WuXi AppTec

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Veeda Clinical Research

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global pharmaceutical CRO market size is expected to grow from USD 44.58 billion in 2024 to USD 91.20 billion by 2034.

The pharmaceutical CRO market is anticipated to grow at a CAGR of 7.42% between 2025 and 2034.

The major players operating in the pharmaceutical CRO market are Thermo Fisher Scientific Inc., Medpace, IQVIA, CTI Clinical Trial & Consulting, Parexel International (MA) Corporation., ICON plc, Laboratory Corporation of America Holdings, WuXi AppTec, Veeda Clinical Research, and Others.

The driving factors of the pharmaceutical CRO market is the rising healthcare infrastructure and the development in the pharmaceutical companies.

Asia Pacific region will lead the global pharmaceutical CRO market during the forecast period 2025 to 2034.

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