Mary Jo Lamberti

Oct 12, 2023 | appliedclinicaltrialsonline.com | Mary Jo Lamberti |Zachary Smith |Maria DiPietro |John Barry |Ken Getz

Recent research published on the market for contract clinical services reveals robust growth. An analysis of the top 10 contract research organizations (CROs) conducted between 2017 and 2021 reflects 12% growth in total revenue with a 17% growth rate observed from 2020 and 2021.1 The top 10 CROs generated approximately $34 billion in revenue in 2022, representing an estimated 69% of total revenue spent on contract clinical services globally.