Saudi Arabia In Vivo Cro Market Size & Outlook, 2023-2030
Saudi Arabia in vivo cro market, 2018-2030 (US$M)
Related Markets
Saudi Arabia in vivo cro market highlights
- The Saudi Arabia in vivo cro market generated a revenue of USD 13.3 million in 2023 and is expected to reach USD 22.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, small molecule was the largest revenue generating modality type in 2023.
- Large Molecule is the most lucrative modality type segment registering the fastest growth during the forecast period.
In vivo cro market data book summary
| Market revenue in 2023 | USD 13.3 million |
| Market revenue in 2030 | USD 22.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule |
| Fastest growing segment | Large Molecule |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule, Large Molecule |
| Key market players worldwide | IQVIA Holdings Inc, JSR Corp, Taconic Biosciences, Evotec SE, Janvier Labs, Charles River Laboratories International Inc, Icon PLC, Labcorp Holdings Inc, PAREXEL, GemPharmatech, PsychoGenics, Biocytogen, SMO-Group |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.3% of the global in vivo cro market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa in vivo cro market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 22.6 million by 2030.
Small molecule was the largest segment with a revenue share of 63.91% in 2023. Horizon Databook has segmented the Saudi Arabia in vivo cro market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
Establishment of universities focused on biotechnology and increase in the number of clinical research organizations with proven track records of conducting clinical trials are driving the in vivo CRO market growth in Saudi Arabia.
Moreover, an increase in the number of properly-trained investigators, rapidly growing healthcare investments, and presence of numerous world-class medical facilities are some factors expected to propel the in vivo CRO market growth over the forecast period.
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In Vivo CRO Market Scope
In Vivo CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia in vivo cro market size, by modality type, 2018-2030 (US$M)
Saudi Arabia In Vivo CRO Market Outlook Share, 2023 & 2030 (US$M)
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