France Preclinical Cro Market Size & Outlook, 2023-2030
France preclinical cro market, 2018-2030 (US$M)
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France preclinical cro market highlights
- The France preclinical cro market generated a revenue of USD 266.6 million in 2023 and is expected to reach USD 430.7 million by 2030.
- The France market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, toxicology testing was the largest revenue generating service in 2023.
- Bioanalysis and DMPK studies is the most lucrative service segment registering the fastest growth during the forecast period.
Preclinical cro market data book summary
| Market revenue in 2023 | USD 266.6 million |
| Market revenue in 2030 | USD 430.7 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Toxicology testing |
| Fastest growing segment | Bioanalysis and DMPK studies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalysis and DMPK studies, Toxicology Testing, Compound Management, Chemistry, Safety Pharmacology |
| Key market players worldwide | Eurofins Scientific SE, Icon PLC, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc, Intertek Group PLC, Labcorp Holdings Inc, Crown Bioscience, SGA |
Other key industry trends
- In terms of revenue, France accounted for 4.7% of the global preclinical cro market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK preclinical cro market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 748.8 million by 2030.
Toxicology testing was the largest segment with a revenue share of 26.14% in 2023. Horizon Databook has segmented the France preclinical cro market based on bioanalysis and dmpk studies, toxicology testing, compound management, chemistry, safety pharmacology covering the revenue growth of each sub-segment from 2018 to 2030.
An efficient healthcare & reimbursement system and a large patient pool made the country a preferred location for outsourcing clinical trials. There are hospitals specializing in management of patients undergoing clinical trials across the country.
Moreover, the government is also taking active measures to reduce the approval time of drugs in the clinical trials, which is likely to enhance the market growth. The presence of key pharmaceutical companies like Sanofi, Roche, and Novartis in the country further contributes to the market growth in France.
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Preclinical CRO Market Scope
Preclinical CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
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France preclinical cro market size, by service, 2018-2030 (US$M)
France Preclinical CRO Market Outlook Share, 2023 & 2030 (US$M)
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