Feb 25, 2020 (KD Market Insights via COMTEX) -- Veterinary CRO Market by Service Type (Clinical Trials, Toxicology, Market Authorization & Regulatory Support and Others), Application (Dogs, Cats, and Others), End User (Oncology, Infectious Diseases, Neurology and Others): Global Opportunity Analysis and Industry Forecast, 2019 - 2026
The Global Veterinary CRO Market is estimated to grow at a CAGR of 7.9% during the forecast period 2019-2026. As per the analyst, the Veterinary CRO Market was valued at $485.5 million in the year 2018, and is anticipated to reach $894.7 million by the end of the year 2026.
Contract Research Organizations (CROs) are type of companies that conduct research and veterinary CROs are specialized in in-vivo studies that include companion animals, CROs support research and development activities for biopharmaceutical companies along with offering various types of services such as regulatory support, market authorization, toxicology and clinical trials. These services are highly demanded by veterinary medicine manufacturers to test the efficacy and safety of veterinary drugs in different indications such as infectious diseases, neurology and oncology.
No comments:
Post a Comment