UAE Healthcare Contract Research Organization Market Size & Outlook
UAE healthcare contract research organization market, 2018-2030 (US$M)
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UAE healthcare contract research organization market highlights
- The UAE healthcare contract research organization market generated a revenue of USD 228.5 million in 2023 and is expected to reach USD 362.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, clinical was the largest revenue generating type in 2023.
- Pre-Clinical is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract research organization market data book summary
| Market revenue in 2023 | USD 228.5 million |
| Market revenue in 2030 | USD 362.6 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Pre-Clinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Pre-Clinical, Clinical |
| Key market players worldwide | Icon PLC, Charles River Laboratories International Inc, IQVIA Holdings Inc, GVK Biosciences, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, PAREXEL, Dassault Systemes SE, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, SGS AG, Worldwide Clinical Trials, Wuxi AppTec Co Ltd, Caidya |
Other key industry trends
- In terms of revenue, UAE accounted for 0.5% of the global healthcare contract research organization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia healthcare contract research organization market is projected to lead the regional market in terms of revenue in 2030.
- Egypt is the fastest growing regional market in Middle East & Africa and is projected to reach USD 542.2 million by 2030.
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Healthcare Contract Research Organization Market Scope
Healthcare Contract Research Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE healthcare contract research organization market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare contract research organization market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 77.02% in 2023. Horizon Databook has segmented the UAE healthcare contract research organization market based on drug discovery, pre-clinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
Digital technologies have been increasingly adopted in the healthcare industry in recent years, and the use of technologies, such as the Internet of Medical Things (IoMT), blockchain, big data, and AI, is projected to grow exponentially over the next decade.
The CRO market is expected to experience increased demand during the forecast period due to significant technological innovation & investments made by various government agencies and private organizations to integrate digital services in clinical research.
The UAE has been at the forefront of AI adoption, with a particular focus on the private & financial sectors, including administration, public utilities, and healthcare. This trend toward digitalization in the healthcare industry and the integration of advanced technologies is expected to drive the market growth in the region.
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Our clientele includes a mix of healthcare contract research organization market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE healthcare contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into UAE healthcare contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE healthcare contract research organization market size, by type, 2018-2030 (US$M)
UAE Healthcare Contract Research Organization Market Outlook Share, 2023 & 2030 (US$M)
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