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Transparency Market Research: Global Life Sciences BPO Market Contract Research Organizations and Contract Manufacturing Organizations Market to be US$596.0 Billion by 2019
[November 18, 2014]

Transparency Market Research: Global Life Sciences BPO Market Contract Research Organizations and Contract Manufacturing Organizations Market to be US$596.0 Billion by 2019


ALBANY, N.Y. --(Business Wire)--

Transparency Market Research has recently added a report on Life Sciences BPO Market [Contract Research Organizations (Drug Discovery, Pre-Clinical, Clinical Trials, Medical Writing, Pharmacovigilance, Risk-Based Monitoring, Clinical Data Management, Biostatistics) and Contract Manufacturing Organizations] - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 to its database.

The global market for Life Sciences business process outsourcing (BPO) was worth US$152.5 billion in 2012. Research analysts further state that the market is expected to be worth US$596.0 billion by 2019, growing at a (CAGR) of 21.5% between 2013 and 2019.

This report on the dynamic Life Sciences BPO market analyzes potential growth, core influencing factors, restraints, and various advantages experienced by players in the Life Sciences BPO sector.



The Life Sciences BPO market has grown due to collective factors that govern growing pressures from regulatory bodies, clinical trials, as well as the pressure of rising cost of R&D and other inputs. Outsourcing is an efficient answer, and an alternative method to help curb down the costs without compromising its competitive edge in the global market.

The report discusses the existing and expected market share of different segments within the Life Sciences BPO market such as the Contract Research Organizations (CROs) and the Contract Manufacturing Organizations (CMOs).


CMO is the largest segment by size and the market for API constitutes the largest segment. Similarly, the services of CROs are important to the life sciences and pharmaceuticals segments and drug discovery is the largest part within the CRO segment.

About Transparency Market Research

Transparency Market Research (TMR) is a U.S.-based market intelligence company driven by a global team of high-pedigree industry consultants, analysts, and researchers. TMR leverages its worldwide Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions.

The company's multi-disciplinary expertise has made it the preferred growth partner of hundreds of companies worldwide, from multibillion dollar conglomerates to emerging regional businesses. TMR's exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources, tools, and techniques. TMR's data repository is continuously updated by a team of research experts, so it always reflects latest trends and information.


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