Global Pharmaceutical Cro Market Size & Outlook, 2024-2030
The pharmaceutical cro industry worldwide is expected to reach a projected revenue of US$ 62,989.5 million by 2030. A compound annual growth rate of 7.3% is expected of the worldwide pharmaceutical cro industry from 2025 to 2030.
Revenue, 2024 (US$M)
$41,217.7
Forecast, 2030 (US$M)
$62,989.5
CAGR, 2025 - 2030
7.3%
Report Coverage
Worldwide
Global pharmaceutical cro market, 2018-2030 (US$M)
Related Markets
Global pharmaceutical cro market highlights
- The global pharmaceutical cro market generated a revenue of USD 41,217.7 million in 2024 and is expected to reach USD 62,989.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.3% by 2030.
- In terms of segment, clinical accounted for a revenue of USD 31,159.4 million in 2024.
- Pre-Clinical is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Sweden is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 41,217.7 million |
| Market revenue in 2030 | USD 62,989.5 million |
| Growth rate | 7.3% (CAGR from 2024 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Pre-Clinical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Pre-Clinical, Clinical |
Other key industry trends
- In terms of revenue, the North America accounted for 24.0% of the global pharmaceutical cro market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Sweden is the fastest growing regional market and is projected to reach USD 284.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pharmaceutical CRO Market Scope
Pharmaceutical cro market segmentation & scope
Others
Other
Pharmaceutical CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmaceutical cro market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical cro market size, 2024 (US$M)
Global pharmaceutical cro market share, by type, 2024 & 2030 (%, US$M)
Pharmaceutical cro market: Opportunity assessment by country
Global pharmaceutical cro market, by region, 2024 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
