PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755806
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755806
In Vivo CRO Market Introduction and Overview
According to SPER market research, 'Global In Vivo CRO Market Size- By Model Type, By Modality, By Indication - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global In Vivo CRO Market is predicted to reach 11.47 billion by 2034 with a CAGR of 8.38%.
In vivo CRO services are a type of research service given by Contract Research Organisations (CROs) that includes tests conducted on living organisms, often animals, to examine the safety and efficacy of innovative medicines. These services frequently involve preclinical investigations, such as toxicology, pharmacokinetics, and efficacy studies, which are used to promote the development and regulatory approval of new medications or medical devices.
Restraints: The high cost of drug development has hampered market growth. Developing novel medication therapies is an extremely expensive procedure. This includes everything from doing basic research and clinical trials to securing regulatory approval. Pharmaceutical companies are under intense pressure to maximise their return on investment for new treatments. These factors are projected to limit the growth of the in vivo CRO market over the forecast period.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Model Type, By Modality, By Indication
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered IQVIA Inc, Crown Bioscience, Taconic Biosciences, Inc, PsychoGenics Inc, Evotec, Janvier Labs, Biocytogen Boston Corp, GemPharmatech, Charles River Laboratories, Icon Plc.
Global In Vivo CRO Market Segmentation:
By Model Type: Based on the Model Type, Global In Vivo CRO Market is segmented as; Rodent Based, Non-Rodent Based.
By Modality: Based on the Modality, Global In Vivo CRO Market is segmented as; Small Molecule, Large Molecule.
By Indication: Based on the Indication, Global In Vivo CRO Market is segmented as; Oncology, CNS Conditions, Diabetes, Obesity, Pain management, Autoimmune/inflammation conditions, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.