Contract Research Organization (cros) Services Market Research Report 2022-2027

March 29, 2022 ⚊ 1 Min read ⚊ Views 97 ⚊ BUSINESS

The global CRO Services Market is estimated to grow at a CAGR of 11.0% during the forecast period. Growth in the CRO services market can mainly be attributed to factors such as the increasing investment in pharmaceutical R&D, rising number of clinical trials, high cost of in-house drug development (encouraging pharma-biotech companies to opt for outsourcing), and the rising prevalence of orphan and rare diseases (creating new revenue pockets for CROs).

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Tags: contract research organization services market, life sciences research report

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