Market revenue in 2023 | USD 31.4 million |
Market revenue in 2030 | USD 63.2 million |
Growth rate | 10.5% (CAGR from 2023 to 2030) |
Largest segment | Solid tumor |
Fastest growing segment | Solid Tumor |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Blood Cancer, Solid Tumor |
Key market players worldwide | Charles River Laboratories International Inc, Icon PLC, Thermo Fisher Scientific Inc, Eurofins Scientific SE, Labcorp Holdings Inc, Wuxi AppTec Co Ltd, Evotec SE, Taconic Biosciences, The Jackson Laboratory |
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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 oncology based in-vivo cro market will help companies and investors design strategic landscapes.
Solid tumor was the largest segment with a revenue share of 47.13% in 2023. Horizon Databook has segmented the China oncology based in-vivo cro market based on blood cancer, solid tumor covering the revenue growth of each sub-segment from 2018 to 2030.
As China is progressively becoming a powerhouse of science & innovation, the pharmaceutical industry is seeing for extensive collaboration with the local Chinese organizations including CROs to build a real presence in the country. Over the past five years, the pharmaceutical industry in China has moved its focus to R&D of novel treatments from generics manufacturing.
As per the annual R&D review of Informa’s Pharmaprojects for 2019, China is the world’s second-biggest producer of drugs. This is largely owing to the increasing number of domestic pharmaceutical firms focusing on drug discovery & development.
Big pharmaceutical firms have followed this trend & stepped up their licensing deals with Chinese companies in 2019 & 2019. The pharmaceutical giants have also opened up new & expanded current research facilities in China. For instance, in November 2019, AstraZeneca created a new international R&D center in Shanghai that doubled its research strength in the city.
Horizon Databook provides a detailed overview of country-level data and insights on the China oncology based in-vivo cro market , including forecasts for subscribers. This country databook contains high-level insights into China oncology based in-vivo cro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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