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The Australian Contract Research Organization Market 

  • August 2015
  • -
  • Frost & Sullivan
  • -
  • 72 pages

Summary

Table of Contents

The Australian Contract Research Organization Market : Early Phase Clinical Trials are Set to Drive the Australian CRO Market

This research service presents an overview and analysis of the Australian contract research organization (CRO) market. The research service provides market revenue forecasts by phase and therapeutic type and discusses major issues and challenges, unmet needs, and developing trends in the CRO market. The study covers the complete life cycle of the CRO industry, starting from preclinical trials to Phase IV trials and provides detailed information on support services such as central laboratory services, biostatistics, bioanalytics, and data management. The research service analyses market engineering measurements and research and development trends.

Key Findings

Clinical Development Spending

In 2014, the Australian contract research organization (CRO) market generated $ million in revenue.
The market is expected to grow at a CAGR of %, reaching $ million in 2019.

Clinical Development — Main Trends

Developing nations are currently the fastest growing locations for conducting clinical trials, and this shift has affected the clinical trials market in Australia.
Over the years, clinical trial activity has been declining in Australia because of factors such as cost, lack of patients for trials, and regulatory inefficiency.
Early phase clinical trials have a potential for growth because of highquality research capabilities and the need for fewer patients.

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