Latest Market Research Report 2025

  The global  medical device contract research organization market  size is expected to reach USD 14.0 billion by 2030, growing at a CAGR of 8.95% from 2024 to 2030, according to a new report by Grand View Research, Inc. The key market growth drivers include rising demand for time-saving, cost efficient, and expertise in the area, which accelerates the process of devices reaching the market. In addition, outsourcing to a CRO with detailed expertise in a medical device helps in meeting the complex regulatory requirements and audits as they work on it on a daily basis. This further supports the demand for medical device CRO services.   CROs also have access to the most advanced technological resources, such as all the latest and most advanced hardware, software, and internet-based applications, to make the process fast and maintain quality. A significant number of CROs such as Iqvia, Inc., ICON Plc, Charles River, and others offering high-quality medical device-related...

  Medical Device Contract Research Organization Industry Overview The global  medical device contract research organization market  size is expected to reach USD 12.1 billion by 2028, registering a CAGR of 8.6% over the forecast period, according to a new report by Grand View Research, Inc. During the second half of the COVID-19 pandemic in 2020, the market witnessed a surge in demand for CRO services as compared to the first half, where the growth was stagnant. The main driver of the market includes time-saving, cost efficiency, and expertise in the area, which accelerates the process of devices reaching the market. In addition, outsourcing to a CRO with precise expertise in a medical device helps in meeting the complex regulatory requirements and audits as they work on it on a daily basis.   Medical Device Contract Research Organization Market Segmentation Grand View Research has segmented the global medical device contract research organization market on the b...