Navigation Links
Frost & Sullivan Identifies Focus on Quality Management and Adoption of a Full-service Model as Keys to the Growth of the European CRO Market

LONDON, Oct. 12 /PRNewswire/ -- Although cost efficiency is a major factor motivating pharmaceutical and biotechnology firms to outsource research, there is an increased emphasis on expertise and capabilities with the focus being on quality management. In the long term, European contract research organisations (CROs) with scale, global capabilities and expertise will emerge winners. At the same time, there is an evident evolution towards a full-service model.


New analysis from Frost & Sullivan (, European CRO Markets - A Strategic Analysis, finds that the European CRO market was $7.10 billion in 2008 and estimates this to reach $13.52 billion in 2015. The research analyses market dynamics, leading companies and industry trends to offer an opportunity analysis for the CRO market in the region.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Katja Feick, Corporate Communications, at, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

"The growth of the European CRO market is expected to be spurred by the need for pharmaceutical and biotech companies to control costs and accelerate product development," notes Frost & Sullivan Industry Analyst Ranjith Gopinathan. "The high costs incurred when drugs fail during clinical trials has prompted interest in biomarkers. Hence, the development of biomarkers is a new growth driver for CROs."

European CROs could assist biotechnology and pharmaceutical companies in compound selection, dose optimisation, efficacy and safety monitoring through the identification of biomarkers. They increasingly view this as an important growth segment. For instance, France based CRO Biovays focuses on expression, localisation and quantification of biomarkers.

CROs in Europe are also establishing strategic partnerships with pharmaceutical companies and adopting effective outsourcing models. In addition, they are expanding their global operations. Clinical trials are increasing in size and CROs are going offshore to benefit from untapped patient populations and imperatives of cost efficiency. Moreover, there is an increased opportunity for CROs offering initial screening programmes and capabilities in preclinical and early clinical trials. For instance, medium-sized European CROs such as UK-based Melbourn Scientific are venturing into the preclinical segment in order to capitalise on this trend.

"From early drug discovery through post-launch services, pharmaceutical companies are moving their non-core functions to external providers," states Gopinathan. "CROs are expanding their scope of operations to leverage their existing functions."

Consolidation within the pharmaceuticals industry has led to increased competition for CRO contracts. The rapid consolidation of the pharmaceutical and biotech industry would constrain CROs to compete for a smaller pool of customers. Consequently, there is a need for consolidation of the European CROs. For instance, PPD's acquisition of AbCRO, a European contract research firm offering Phase II-IV clinical services, will help PPD to penetrate key Central and Eastern European markets such as Romania, Bulgaria, Serbia and Croatia.

Even though cost efficiency is a major driver for any pharmaceutical and biotechnology firm, currently there is greater emphasis on capabilities rather than on the ability to be a low-cost provider. Expertise is a prerequisite for CROs involved in late-stage clinical trials.

"Many European CROs are moving towards a full service model," remarks Gopinathan. "In addition, European CROs such as Eurofins provide value added services like consultancy, in order to differentiate themselves in the highly competitive European CRO market landscape."

European CRO Markets - A Strategic Analysis is part of the Pharmaceuticals & Biotechnology Growth Partnership Services programme, which also includes research in the following markets: European Urinary Incontinence Therapeutics Markets, European Endometriosis Therapeutics Markets, Blockbusters Going Off-patent: Opportunities for Generics Manufacturers in Europe and, European Osteoarthritis Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit

European CRO Markets - A Strategic Analysis (M377)

    Katja Feick
    Corporate Communications - Europe
    P: +49 (0) 69 7703343

SOURCE Frost & Sullivan

SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. Frost & Sullivan Lauds Viatronix as European Medical Imaging Emerging Company of the Year
2. Mennen Medical Receives Frost & Sullivan 2009 European Patient Monitoring Technology Leadership Award
3. Dynatronics Appoints Douglas Sampson as Vice President of Production and Research & Development
4. Robbins & Myers Announces Fourth Quarter and Full Year 2009 Results
5. Bausch & Lomb Acquires the Commercial Assets of Italian Ophthalmic Pharmaceuticals Company Tubilux
6. Delcath Systems, Inc. Appoints Dr. Krishna Kandarpa its Executive Vice President R&D and Chief Medical Officer
7. Robbins & Myers Announces Regular Quarterly Cash Dividend
8. Sigma-Aldrich (Nasdaq: SIAL) Announces Appointment of George Miller as Sr. Vice President, General Counsel & Secretary
9. Tata Interactive Systems Partners With Bersin & Associates for Exclusive Executive Learning Forum - TLF 2009
10. Boston Scientific and Johnson & Johnson Announce Settlement of Patent Disputes
11. Study Suggests that NGAL Identifies Acute Kidney Injury Early in ICU Patients
Post Your Comments:
(Date:11/24/2015)... Nov. 24, 2015 Teledyne DALSA , a ... sensing technology, will introduce its CMOS X-Ray detector for ... November 29 to December 3, at McCormick Place in ... for diagnostic and interventional imaging will be on display in ... of advanced CMOS X-Ray detectors is the industry benchmark ...
(Date:11/24/2015)... Pa. , Nov. 24, 2015  NuShield, Inc., an industry leader in LCD screen protection ... and stationary computer technology as part of their patient monitoring or electronic documentation system. ... ... ... A ...
(Date:11/24/2015)... 2015  BioPlast Manufacturing, a manufacturer of plastic ... diagnostic and biotech environments, announced today that it ... petri dishes. This acquisition is aligned with BioPlast ... products that are designed and tested by scientists ... Bristol, Pennsylvania ...
Breaking Medicine Technology:
(Date:11/24/2015)... ... ... American Family Care (AFC), the nation’s leading provider of urgent care and ... Metro Atlanta’s North Point Mall. The clinic is designed to test the concept of ... to operate through Dec. 24. , Holiday Pop-Up Clinic , Official Opening November 27, ...
(Date:11/24/2015)... CT (PRWEB) , ... November 24, 2015 , ... Aided ... (WCHN) today announced an innovative study designed to yield insights into how to detect ... development of biomarkers for pancreatic cancer from small, non-coding RNA molecules (ncRNA), genetic material ...
(Date:11/24/2015)... PALMYRA, Wis (PRWEB) , ... November 24, 2015 ... ... Process scholarship award at Cleveland University-Kansas City (CU-KC), in Overland Park, ... scholarship from Chiropractor and University President Carl S. Cleveland III on October 16. ...
(Date:11/24/2015)... ... November 24, 2015 , ... ... Exercise and Healthy Aging Program have announced their endorsement of the Medical ... Specialty Health Fitness is proud to have the MFN as one of our ...
(Date:11/24/2015)... Warsaw, IN (PRWEB) , ... November 24, 2015 , ... ... in his office to help the community stress less this holiday season. During ... unnecessary additional stress in people's lives and the team at AlignLife want to help ...
Breaking Medicine News(10 mins):