Thailand Preclinical Cro Market Size & Outlook, 2025-2033
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Thailand preclinical cro market highlights
- The Thailand preclinical cro market generated a revenue of USD 33.4 million in 2024 and is expected to reach USD 71.6 million by 2033.
- The Thailand market is expected to grow at a CAGR of 8.7% from 2025 to 2033.
- In terms of segment, toxicology testing was the largest revenue generating service in 2024.
- 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 2024 | USD 33.4 million |
| Market revenue in 2033 | USD 71.6 million |
| Growth rate | 8.7% (CAGR from 2025 to 2033) |
| Largest segment | Toxicology testing |
| Fastest growing segment | Bioanalysis and DMPK studies |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalysis and DMPK studies, Toxicology Testing, Compound Management, Chemistry, Safety Pharmacology, Others Service |
| 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, Thailand accounted for 0.5% of the global preclinical cro market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China preclinical cro market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 912.7 million by 2033.
Toxicology testing was the largest segment with a revenue share of 24.85% in 2024. Horizon Databook has segmented the Thailand preclinical cro market based on bioanalysis and dmpk studies, toxicology testing, compound management, chemistry, safety pharmacology, others service covering the revenue growth of each sub-segment from 2021 to 2033.
In Thailand, clinical research is a thriving market promoting healthcare and innovation. The preclinical CRO market in Thailand is driven by a largely homogenous population, a high prevalence of communicable diseases, an efficient regulatory system, and low operational costs. CROs ideally play a critical role in supporting preclinical trials in pharmaceutical and biotechnology companies.
Some of the companies offering their services in Thailand are IQVIA, Icon Plc, and Novotech, among others. These companies offer end-to-end preclinical & clinical trial services for various therapeutic areas, such as oncology, neurology, cardiovascular diseases, and other infectious diseases.
The country has become a popular destination for clinical research due to its developed healthcare infrastructure and supportive regulatory policies. The country offers high-quality research facilities across different therapeutic areas.
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Preclinical CRO Market Scope
Preclinical CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SGA | View profile | 11-50 | Las Condes, Region Metropolitana, Chile, South America | https://sgasa.cl |
| Crown Bioscience | View profile | 251-500 | Santa Clara, California, United States, North America | http://www.crownbio.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| Medpace Holdings Inc | View profile | 5800 | 5375 Medpace Way, Cincinnati, OH, United States, 45227 | https://www.medpace.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Thailand Service - Preclinical Cro Market size, 2024 - 2033 (US$M)
Thailand Preclinical CRO Market Outlook Share, 2024 & 2033 (US$M)
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