In China, the pharmaceutical contract research organization (CRO) market has witnessed a steady growth in all research stages for five consecutive years since 2015, with a market value of nearly seven billion U.S. dollars in 2019. The growing trend of Chinese pharmaceutical CRO market was projected to continue, with the forecasted market value to surpass 22 billion U.S. dollars in 2024.
Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage
(in billion U.S. dollars)
Contract research organization (CRO) is defined as a company that provides support to the pharmaceutical, biotechnology, and medical device industries in the form of research services outsourced on a contract basis.
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Mirae Asset. (November 25, 2020). Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/
Mirae Asset. "Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage (in billion U.S. dollars)." Chart. November 25, 2020. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/
Mirae Asset. (2020). Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/
Mirae Asset. "Market Value of Pharmaceutical Contract Research Organization (Cro) in China from 2015 to 2019, with Forecasts until 2024, by Research Stage (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Nov 2020, https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/
Mirae Asset, Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/ (last visited December 27, 2024)
Market value of pharmaceutical contract research organization (CRO) in China from 2015 to 2019, with forecasts until 2024, by research stage (in billion U.S. dollars) [Graph], Mirae Asset, November 25, 2020. [Online]. Available: https://www.statista.com/statistics/1193469/china-market-value-of-pharmaceutical-contract-research-organization-by-research-stage/
