Global In Vivo CRO Market Report 2022: Increase in Offshoring Medical Device Manufacturing to Emerging Countries Driving Growth - ResearchAndMarkets.com
The global in vivo CRO market size is expected to reach USD 7.92 billion by 2030, registering a CAGR of 8.2% It is expected to expand at a CAGR of 8.5% during the forecast period.
- The global in vivo CRO market size is expected to reach USD 7.92 billion by 2030, registering a CAGR of 8.2% It is expected to expand at a CAGR of 8.5% during the forecast period.
- Increasing focus on core competencies by the pharmaceutical players coupled with economic efficiency offered for outsourcing is expected to boost the demand.
- North America led the global In vivo CRO market in 2018 owing to the presence of technologically advanced CROs.
- Constantly improving healthcare infrastructure, huge patient base, presence of untapped opportunities, and economic development, are some factors responsible for the rapid growth.