The global Healthcare Contract Research Organization (CRO) market, valued at USD 66.2 billion in 2023, is projected to reach USD 135.7 billion by 2030, growing at a CAGR of 10.8%. Key drivers include increasing outsourcing demand and a focus on personalized medicine, while challenges involve regulatory compliance and operational costs. The report covers market segmentation by product type, application, and region, providing insights into trends, growth drivers, and competitive landscape.
The healthcare analytical testing services market is projected to grow from $5.72 billion in 2023 to $11.29 billion by 2028, driven by rising chronic disease cases and technological advancements. North America led the market in 2023, with significant contributions from telemedicine and innovative drug testing platforms. Key players include Charles River Laboratories and Thermo Fisher Scientific.
Charles River Laboratories International Inc. (CRL) is set to present at the UBS Global Healthcare Conference on November 12, 2024, starting at 1:15 PM ET. Interested parties can access the live webcast at https://ir.criver.com.
Charles River Laboratories will present at the UBS Global Healthcare Conference on November 12 at 10:15 a.m. PT and at the Jefferies London Healthcare Conference on November 20 at 2:00 p.m. GMT. Management will discuss the company's strategic focus and recent developments. Live webcasts of the presentations will be available on the Investor Relations section of the Charles River website, with replays accessible for at least two weeks.
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