China Oncology Based In-vivo Cro Market Size & Outlook

The oncology based in-vivo cro market in China is expected to reach a projected revenue of US$ 63.2 million by 2030. A compound annual growth rate of 10.5% is expected of China oncology based in-vivo cro market from 2024 to 2030.
Revenue, 2023 (US$M)
$31.4
Forecast, 2030 (US$M)
$63.2
CAGR, 2024 - 2030
10.5%
Report Coverage
China

China oncology based in-vivo cro market highlights

  • The China oncology based in-vivo cro market generated a revenue of USD 31.4 million in 2023 and is expected to reach USD 63.2 million by 2030.
  • The China market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
  • In terms of segment, solid tumor was the largest revenue generating indication in 2023.
  • Solid Tumor is the most lucrative indication segment registering the fastest growth during the forecast period.


Oncology based in-vivo cro market data book summary

Market revenue in 2023USD 31.4 million
Market revenue in 2030USD 63.2 million
Growth rate10.5% (CAGR from 2023 to 2030)
Largest segmentSolid tumor
Fastest growing segmentSolid Tumor
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Cancer, Solid Tumor
Key market players worldwideCharles 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


Other key industry trends

  • In terms of revenue, China accounted for 2.4% of the global oncology based in-vivo cro market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan oncology based in-vivo cro market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 63.2 million by 2030.

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Oncology Based In-vivo CRO Market Scope

Oncology based in-vivo cro market segmentation & scope
Countries
Mexico
UK
France
Italy
Spain
Denmark
Sweden
Norway
India
South Korea
Australia
Thailand
UAE
Kuwait

Oncology Based In-vivo CRO Market Companies

Name Profile # Employees HQ Website

China oncology based in-vivo cro 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 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.

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Target buyers of China oncology based in-vivo cro market databook

  • Our clientele includes a mix of oncology based in-vivo cro market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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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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China oncology based in-vivo cro market size, by indication, 2018-2030 (US$M)

China Oncology Based In-vivo CRO Market Outlook Share, 2023 & 2030 (US$M)

China oncology based in-vivo cro market size, by indication, 2018-2030 (US$M)

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