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Leading global contract research organizations based on revenue 2017
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Leading global contract research organizations based on revenue 2017
Top global contract research organizations (CROs) based on 2017 revenue (in million U.S. dollars)
by Matej Mikulic,
last edited
Aug 9, 2019
In 2017, the top contract research organizations worldwide included Laboratory Corporation of America Holdings, IQVIA, and Syneos Health, to name a few. The top company, Laboratory Corporation of America Holdings had 10.4 billion U.S. dollars in revenue during that year. Comparatively, the second company IQVIA generated 9.7 billion U.S. dollars in revenue.
Contract research organizations
Contract research organizations (CROs) are companies that are contracted by larger pharmaceutical companies to manage select aspects of clinical trials. Today, CROs are essential for pharmaceutical research and development. Pharmaceutical companies are spending more money than ever on research and development and there is no indication that spending will decrease in the future. Evidence suggests that CROs will become even more valuable. The clinical CRO market is expected to almost double by 2020. Likewise, it is expected that by 2021 revenue generated by CROs will nearly double the revenue generated by CROs in 2016.
Pharmaceutical research and development
Globally, Roche and Johnson & Johnson will be the top pharmaceutical companies based on their projected research and development spending. There are regional differences in research and development among pharmaceutical companies. Of all pharmaceutical companies globally those based in the U.S. developed the most new chemical or biological entities between 2013 and 2017.
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by Matej Mikulic,
last edited
Aug 9, 2019
In 2017, the top contract research organizations worldwide included Laboratory Corporation of America Holdings, IQVIA, and Syneos Health, to name a few. The top company, Laboratory Corporation of America Holdings had 10.4 billion U.S. dollars in revenue during that year. Comparatively, the second company IQVIA generated 9.7 billion U.S. dollars in revenue.
Contract research organizations
Contract research organizations (CROs) are companies that are contracted by larger pharmaceutical companies to manage select aspects of clinical trials. Today, CROs are essential for pharmaceutical research and development. Pharmaceutical companies are spending more money than ever on research and development and there is no indication that spending will decrease in the future. Evidence suggests that CROs will become even more valuable. The clinical CRO market is expected to almost double by 2020. Likewise, it is expected that by 2021 revenue generated by CROs will nearly double the revenue generated by CROs in 2016.
Pharmaceutical research and development
Globally, Roche and Johnson & Johnson will be the top pharmaceutical companies based on their projected research and development spending. There are regional differences in research and development among pharmaceutical companies. Of all pharmaceutical companies globally those based in the U.S. developed the most new chemical or biological entities between 2013 and 2017.
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- Release date
- March 2018
- Region
- Worldwide
- Survey time period
- 2017
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- Release date
- March 2018
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- Region
- Worldwide
- Survey time period
- 2017
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Statistics on "Clinical trials"
- R&D overview
The most important statistics
- Total global spending on pharmaceutical research and development from 2010 to 2024 (in billion U.S. dollars)Total global pharmaceutical R&D spending 2010-2024
- Percentage of spending on research and development of total revenue from 2013 to 2017, by industrial sector*Industry sectors - expenditure on research and development 2013-2017
- Selected top pharmaceutical R&D projects based on net present value (NPV) as of May 2019 (in million U.S. dollars)Top pharmaceutical R&D projects based on net present value May 2019
- Research and development expenditure of total U.S. pharmaceutical industry from 1995 to 2018 (in billion U.S. dollars)*Research and development expenditure: U.S. pharmaceutical industry 1995-2018
- Pharmaceutical research and development spending in selected European countries in 2017 (in million euros)Research and development in European pharmaceutical industry by country 2017
- Total clinical research funding by the National Institutes for Health (NIH) from FY 2013 to FY 2020 (in million U.S. dollars)Total clinical research funding by National Institutes for Health 2013-2020
- Top R&D companies
The most important statistics
- Global top 10 pharmaceutical companies based on projected R&D spending in 2024 (in billion U.S. dollars)Global top pharmaceutical companies based on R&D spending 2024
- World's top 50 pharmaceutical and biotechnology companies based on R&D intensity in 2017/2018*Top 50 global pharmaceutical and biotech companies by R&D intensity in 2017/2018
- World's top 50 pharmaceutical and biotechnology companies based on R&D spending growth in 2017/2018Top pharmaceutical companies in R&D spending growth 2017-2018
- Number of patients who took part in clinical trials for pharmaceutical company Roche from 2009 to 2017*Roche: participation of patients in clinical trials 2009-2017
- Top global contract research organizations (CROs) based on 2017 revenue (in million U.S. dollars)Leading global contract research organizations based on revenue 2017
- Clinical studies
The most important statistics
- Complexity of clinical trials compared in 2001-2005 and 2011-2015Comparison between the complexity of clinical trials 2001-2015
- Increase in clinical trials' complexity between 2001-2005 and 2011-2015Increase in clinical trials' complexity 2001-2015
- Number of registered clinical studies worldwide by location as of October 2019Number of registered clinical studies by location worldwide 2019
- Percentage of registered clinical studies worldwide by location as of October 2019Percent of registered clinical studies worldwide by location 2019
- Percentage of registered recruiting clinical studies worldwide by location as of October 2019Share of recruiting clinical studies worldwide by location 2019
- Total number of registered clinical studies worldwide since 2000 (as of October 2019)*Total number of registered clinical studies worldwide since 2000
- Total number of registered clinical studies with posted results worldwide since 2009 (as of October 2019)*Total number of registered clinical studies with posted results worldwide 2009-2019
- Participation
The most important statistics
- Percentage of population enrolled in clinical trials in selected countries worldwide as of 2016Clinical trial enrollment by select country and region 2016
- Top 20 countries by number of clinical trial participants in 2015-2016Top clinical trial participant countries 2015-2016, by number
- Top 20 clinical trial participant countries worldwide in 2015-2016, by share of participants (in percentage)Top clinical trial participant countries worldwide 2015-16, by share
- Number of clinical trial participants in the U.S. and rest of the world in 2016, by therapeutic areaClinical trial participants U.S. vs. rest of world by therapy area 2016
- Gender share of clinical trial participants worldwide in 2015-2016, by geographic locationClinical trial participants gender share worldwide 2015-16, by geographic location
- Ethnicity share of clinical trial participants worldwide in 2015-2016, by geographic location (in percentage)Clinical trial participants ethnicity share worldwide 2015-16, by geographic location
- Costs and market
The most important statistics
- Cost of developing a drug in the U.S. from the 1970s until today (in million U.S. dollars)*Pharmaceuticals: cost of drug development in the U.S. since 1975
- Total R&D costs for selected cancer drugs on the market as of 2017 (in million U.S. dollars)Total R&D costs of select cancer drugs 2017
- Market share of clinical trials worldwide by segment as of 2016Market share of clinical trials worldwide by segment
- Clinical contract research organization (CRO) market worldwide from 2011 to 2020 (in billion U.S. dollars)Clinical CRO market size worldwide 2011-2020
- Size of the U.S. market for healthcare contract research outsourcing (CRO) from 2016 to 2022, by type (in million U.S. dollars)Size of U.S. healthcare CRO market 2016-2022 by type
- Size of the total U.S. clinical trial supplies market from 2016 to 2025 (in million U.S. dollars)Size of total U.S. clinical trial supplies market 2016-2025
- Success rates
The most important statistics
- Probability of success for drugs in the U.S. in different development phases between 2006 and 2015U.S. drug development phase success rates 2006-2015
- Probability of Phase II success for new drugs in select disease areas in the U.S. between 2006 and 2015U.S. drug development Phase II success rates 2006-2015, by disease area
- The probability of Phase III success for new drugs in select disease areas in the U.S. between 2006 and 2015U.S. drug development Phase III success rates from 2006 to 2015, by disease area
- Probability of success for oncology vs non-oncology drugs in the U.S. in the different development phases from 2006 to 2015U.S. development Phase success rates for oncology and non oncology drugs 2006-2015
- Probability of success for new drugs in the U.S. by development phase between 2006 and 2015, by drug classification U.S. drug development Phase success rates, by drug classification 2006-2015
- Probability of success for new drugs in the U.S. with and without selection biomarkers by development phase between 2006 and 2015U.S. development phase success rates for drugs with and without biomarkers 2006-2015
- Approvals, launches, setbacks
The most important statistics
- Number of new chemical or biological entities developed between 1992 and 2018, by region of originPharmaceutical industry - number of new substances 1992-2018
- Total number of novel drugs approved by CDER from 2008 to 2018Number of novel drugs approved annually by CDER 2008-2018
- Percentage of drugs approved by the U.S. Center for Drug Evaluation and Research (CDER) in 2018 that met select key measurementsKey measurements of U.S. CDER drug approvals in 2018
- Number of first premarket approvals (PMA/HDE) granted by the FDA for medtech products from 2005 to 2018FDA first premarket approvals for medtech products granted 2005-2018
- Top biotech and pharma product launches in 2018 and revenue forecast for 2022 (in million U.S. dollars)Projection of top 2018 pharma and biotech launches by revenue 2022
- Number of unsuccessful Alzheimer’s drugs in development in the U.S. from 1998 to 2017Number of unsuccessful Alzheimer’s drugs in development in the U.S. 1998-2017
- Unsuccessful attempts and new drugs for select cancer types between 1998 and 2014Unsuccessful attempts and new drugs for cancer types 1998-2014
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Statistics
- Clinical trial density in APAC 2016, by country
- Market revenue of CRO in APAC 2015-2020
- Investments made by clinical research organizations by phase 2009-2014
- Clinical trial costs by select component and phase
- Average per-study costs by trial phase
- Percent of clinical studies with posted results worldwide by type 2019
- Total per-study costs by clinical trial phase and therapeutic area
- Changes in U.S. clinical trials 1999 and 2005
- Revenue forecast of CRO market 2016-2021, by location
- States with the most biopharmaceutical clinical trials in the U.S. in 2013
- U.S. addiction medication clinical trials in 2018, by phase and indication
- Average per-patient biopharmaceutical clinical trial costs in the U.S. 2013, by phase
- Type 2 diabetes clinical trial success rates U.S. 2006-2015, by phase and indication
- Obesity drugs clinical pipeline U.S. 2018, by type and phase
- Novel pain drug clinical trials success rates U.S. 2006-2015, by phase
- Participation in clinical trials among U.S. adults and family 2017
- Latin America: clinical studies 2019, by country
- Opinions on the importance of clinical research for medicine development 2015 and2017
- Proportion of medicines that must be tested according to adults worldwide in 2017
- Adults globally that understood what a clinical trial is as of 2017, by participation
Studies
- Pharmaceutical trends in Europe
- Global Participation in Clinical Trials Report 2015-2016
- Pharmaceutical industry in Italy
- Biotechnology in Germany
- The Changing Face of Global Clinical Trials
- Biopharmaceutical Industry-Sponsored Clinical Trials: Impact on State Economies
- Great Expectations: Why Pharma Companies Can’t Ignore Patient Services
- Indicatori Farmaceutici
- Pharmaceutical industry in India
- Pharmaceutical industry in Japan
- Pharmaceutical industry in China
- Vaccine industry in China
- Biotechnology Industry in Europe
- Generic Pharmaceutical Industry Yearbook 2016
- 2019 PhRMA Annual Membership Survey
Statistics on "Clinical trials"
- Total global pharmaceutical R&D spending 2010-2024
- Industry sectors - expenditure on research and development 2013-2017
- Top pharmaceutical R&D projects based on net present value May 2019
- Research and development expenditure: U.S. pharmaceutical industry 1995-2018
- Research and development in European pharmaceutical industry by country 2017
- Total clinical research funding by National Institutes for Health 2013-2020
- Global top pharmaceutical companies based on R&D spending 2024
- Top 50 global pharmaceutical and biotech companies by R&D intensity in 2017/2018
- Top pharmaceutical companies in R&D spending growth 2017-2018
- Roche: participation of patients in clinical trials 2009-2017
- Leading global contract research organizations based on revenue 2017
- Comparison between the complexity of clinical trials 2001-2015
- Increase in clinical trials' complexity 2001-2015
- Number of registered clinical studies by location worldwide 2019
- Percent of registered clinical studies worldwide by location 2019
- Share of recruiting clinical studies worldwide by location 2019
- Total number of registered clinical studies worldwide since 2000
- Total number of registered clinical studies with posted results worldwide 2009-2019
- Clinical trial enrollment by select country and region 2016
- Top clinical trial participant countries 2015-2016, by number
- Top clinical trial participant countries worldwide 2015-16, by share
- Clinical trial participants U.S. vs. rest of world by therapy area 2016
- Clinical trial participants gender share worldwide 2015-16, by geographic location
- Clinical trial participants ethnicity share worldwide 2015-16, by geographic location
- Pharmaceuticals: cost of drug development in the U.S. since 1975
- Total R&D costs of select cancer drugs 2017
- Market share of clinical trials worldwide by segment
- Clinical CRO market size worldwide 2011-2020
- Size of U.S. healthcare CRO market 2016-2022 by type
- Size of total U.S. clinical trial supplies market 2016-2025
- U.S. drug development phase success rates 2006-2015
- U.S. drug development Phase II success rates 2006-2015, by disease area
- U.S. drug development Phase III success rates from 2006 to 2015, by disease area
- U.S. development Phase success rates for oncology and non oncology drugs 2006-2015
- U.S. drug development Phase success rates, by drug classification 2006-2015
- U.S. development phase success rates for drugs with and without biomarkers 2006-2015
- Pharmaceutical industry - number of new substances 1992-2018
- Number of novel drugs approved annually by CDER 2008-2018
- Key measurements of U.S. CDER drug approvals in 2018
- FDA first premarket approvals for medtech products granted 2005-2018
- Projection of top 2018 pharma and biotech launches by revenue 2022
- Number of unsuccessful Alzheimer’s drugs in development in the U.S. 1998-2017
- Unsuccessful attempts and new drugs for cancer types 1998-2014
- Clinical trial density in APAC 2016, by country
- Market revenue of CRO in APAC 2015-2020
- Investments made by clinical research organizations by phase 2009-2014
- Clinical trial costs by select component and phase
- Average per-study costs by trial phase
- Percent of clinical studies with posted results worldwide by type 2019
- Total per-study costs by clinical trial phase and therapeutic area
- Changes in U.S. clinical trials 1999 and 2005
- Revenue forecast of CRO market 2016-2021, by location
- States with the most biopharmaceutical clinical trials in the U.S. in 2013
- U.S. addiction medication clinical trials in 2018, by phase and indication
- Average per-patient biopharmaceutical clinical trial costs in the U.S. 2013, by phase
- Type 2 diabetes clinical trial success rates U.S. 2006-2015, by phase and indication
- Obesity drugs clinical pipeline U.S. 2018, by type and phase
- Novel pain drug clinical trials success rates U.S. 2006-2015, by phase
- Participation in clinical trials among U.S. adults and family 2017
- Latin America: clinical studies 2019, by country
- Opinions on the importance of clinical research for medicine development 2015 and2017
- Proportion of medicines that must be tested according to adults worldwide in 2017
- Adults globally that understood what a clinical trial is as of 2017, by participation
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