The In-vivo Contract Research Organization Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
It is important to understand the long and complex drug development process in the U.S. before analyzing the role of CROs. As the advancement of technology for in- vivo CROs present in various regions, increase in healthcare spending by government and availability of grants and funding from government organizations. Asia Pacific are expected to record robust growth due to growing health care industry, economic development and huge patient base affects the growth of in- vivo CRO market.
Revenue drivers for the market include high R&D cost for development of biologic drugs. Market estimates in this regard note that development of biologics cost US$ 22 per day as compared to US$ 1 per day, for development of small molecule drugs in oral solid dosage formulations. Challenges for the in-vivo CROs include growing product complexity, poor stability of drugs, and easy product-associated contamination. Purification of biologics is known to be a capital-intensive process and there is limited skill base needed for seamless execution of such processes. There is increased demand for bulk development of mABs, chemical conjugation services, which requires extensive process and product knowledge.
Some of the major market players in In-vivo contract research organization globally include American Preclinical Services, LLC., BTS Research, Charles River Laboratories International, Inc., Chiltern International Ltd., Covance Inc., ICON Plc., INC Research, inVentiv Health, PAREXEL International Corporation, Pharmaceutical Product Development, LLC., PRA Health Sciences, Quintiles Inc. and WuXi AppTec, Inc.
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