Leen Kawas Profiles Biotechnology Firms’ Partnerships with Contract Research Organizations

As the global biotechnology industry continues to expand, the healthcare contract research organization (or CRO) market is also seeing solid growth. In July 2024, the BioSpace life sciences digital news hub noted that the global healthcare CRO market size was USD 52.19 billion in 2023. By 2033, the global market is projected to reach approximately USD 104.60 billion.   

For perspective, the United States demonstrated a USD 13.95 billion CRO market size in 2023. By 2033, the U.S. CRO market is expected to be valued at USD 27.44 billion. For reference, biotechnology companies, pharmaceutical firms, and medical device businesses frequently form CRO partnerships.  

Read the full article here: https://www.theamericanreporter.com/leen-kawas-profiles-biotechnology-firms-partnerships-with-contract-research-organizations/