Leading global contract research organizations based on revenue 2017
Top global contract research organizations (CROs) based on 2017 revenue (in million U.S. dollars)
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.
Top global contract research organizations (CROs) based on 2017 revenue (in million U.S. dollars)
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- 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 2017
- 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
Statistics on "Clinical trials"
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