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Clinical Trial Imaging Market Size Worth $1 4 Billion By 2028 | CAGR: 6 1%: Grand View Research, Inc

Share this article Share this article SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ The global clinical trial imaging market size is expected to reach USD 1.4 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The increasing R&D spending to develop new drugs and therapies to treat chronic diseases is propelling the market growth. Clinical trial imaging makes use of imaging technology in clinical trials for seeing the interior parts of the body. The images obtained from clinical trial imaging are used to examine drug activity. Clinical trial imaging provides rapid, detail, and precise screening. The use of clinical trial imaging has rapidly increased in all phases of the clinical trials. Medical imaging in clinical trials is used as a primary, quantitative, and surrogate biomarker.

Medical Affairs Outsourcing Market Size Worth $3 47 Billion By 2028: Grand View Research, Inc

Medical Affairs Outsourcing Market Size Worth $3.47 Billion By 2028: Grand View Research, Inc. SAN FRANCISCO, Feb. 1, 2021 /PRNewswire/ The global medical affairs outsourcing market size is expected to reach USD 3.47 billion by 2028 registering a CAGR of 12.2%, according to a new report by Grand View Research, Inc. Transformation in medical education and the rising number of orphan therapies for the treatment of rare diseases are some of the key factors propelling the market growth. The pharmaceutical companies are looking for assistance to systematically position the therapeutic outcomes of these therapies in the market. According to a report published by IQVIA in 2020, the U.S. FDA has approved 80 orphan indications in 2017 and about 57 in early 2020.

Healthcare Contract Research Organization Market to Grow at a CAGR of 6 8% During 2020-2025

Healthcare Contract Research Organization Market to Grow at a CAGR of 6.8% During 2020-2025 Increased Focus on Drug Development for Rare Diseases Driving the Growth of Healthcare Contract Research Organization Market. BriefingWire.com, 1/11/2021 - Healthcare Contract Research Organization Market size is estimated to be $38 billion in 2019, growing at a CAGR of 6.8% during the forecast period 2020-2025. Healthcare Contract Research Organization is independent organizations outsourced by other companies in order to perform research which includes pre-clinical to post clinical stages depending on the company requirements. The major revenue source of CROs comes from the Research and development budget of the sponsor companies majorly from Pharma and Biotech sector. The wide source of revenue comes from biopharmaceutical firms, in recent years owing to more R&D scrutiny and patent expiration on drug discovery has resulted into more reliability towards ou

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