[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Imaging Clinical Research Organization (CRO) Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Services Offered (Imaging Acquisition and Protocol Development, Application Design, Image Collection and Quality Control, Digital Image Conversion, Support and Maintenance, Others), By Imaging Modality (Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET), Others), By Clinical Trial Phase (Phase 1, Phase 2, Phase 3), By Application (Oncology, Neurology, Cardiovascular, Ophthalmology, Others), By End User (Pharmaceutical & Biotechnology Companies, Medical Device Manufacturers, Academic & Research Institutions, Others), By company and By Region

July 2023 | 119 pages | ID: I41414BE02DFEN
TechSci Research

US$ 4,900.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global imaging clinical research organization (CRO) market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include the growing number of clinical trials, continuous growth in R&D spending, and extensive advancement in technology are impelling the growth of the market. Medical imaging plays an effective role in the clinical advancement of novel life science products. The expansion of the biotechnology and pharmaceutical industries, along with increased research and development investments for developing new drugs to treat various diseases, is likely to drive the market industry growth. The other factors supporting the market's growth are, rise in R&D activities, increasing R&D expenditure, a rise in automation of imaging process, increasing usage of imaging technology and the enhanced power of computing, and a growing number of mergers and strategic acquisitions.

An increase in the Annual Number of Clinical Trials with Medical Imaging supports Market Growth.

A growing number of clinical trials due to the rise in clinical research is augmenting the growth of the market. Imaging Clinical Research Organizations help researchers by providing massive amounts of information and insights into key areas. They are adding quality, cost-effectiveness, and manufacturing capacity to various industries such as medical devices, biotechnology, and pharmaceutical. The growing significance of medical imaging in clinical trials is fueling the growth of the market. According to a Keosys Medical Imaging article, in 2018, the total number of clinical trials performed each year almost doubled in 2020 compared to 2010.

Growth in R&D Activities and spending to foster the Market Growth

The rise in research and development (R&D) activities is bolstering the growth of the market. Rising research in the field of radiology and imaging sciences are helping to generate critical technologies, as well as honed modern techniques for using equipment to identify and treat abnormalities and disease in humans. Nowadays, various clinical studies are done to evaluate medical, surgical, and behavioral interventions with the help of medical imaging. Also, continuous growth in R&D spending is facilitating the growth of the market.

Increasing Adoption of Automation in Imaging CRO Process

Over the past few years, rapid advancements in technology are propelling the growth of the market. Advancements such as automation in the Imaging CRO process are making a huge impact on the biotechnology and pharmaceutical industries. Automation in the imaging CRO process makes the process effective and efficient; also, it helps to control errors and minimize time. Thus, the increasing adoption of automation in the imaging process encourages the growth of the market. For instance, in 2021, Abbott announced that it had received FDA clearance for the latest optical coherence tomography (OCT) imaging platform operated by the company's new Ultreon Software. This advanced imaging software combines OCT with artificial intelligence to offer physicians an enhanced, comprehensive view of coronary blood flow and blockages to aid physician decision-making and offer the best route for treatment.

Market Segmentation

The global imaging clinical research organization (CRO) market is segmented into services offered, imaging modality, clinical trial phase, application, end user, and company. Based on the services offered, the market is divided into imaging acquisition and protocol development, application design, image collection, and quality control, digital image conversion, support and maintenance, and others. Based on imaging modality, the market is divided into computed tomography (CT) scans, magnetic resonance imaging (MRI), positron emission tomography (PET), and others. Based on the clinical trial phase, the market is divided into Phase 1, phase 2, and Phase 3. Based on application, the market is divided into oncology, neurology, cardiovascular, ophthalmology, and others. Based on end-user, the market is divided into pharmaceutical & biotechnology companies, medical device manufacturers, academic & research institutions, and others. In terms of country, the United States is expected to be a lucrative market in the forecast period due to the rising number of clinical studies in the country.

Market Players

Laboratory Corporation of America Holdings, IXICO PLC, ICON plc, The Micron Group, Medpace Holdings, Inc., Radiant Sage LLC, Biomedical Systems Corporation, Worldcare Clinical, LLC, Imaging Endpoints LLC, and Parexel International Corporation are some of the leading companies operating in the market.

Report Scope:

In this report, global imaging clinical research organization (CRO) market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
  • Imaging Clinical Research Organization (CRO) Market, By Services Offered:
    • Imaging Acquisition and Protocol Development
    • Application Design
    • Image Collection and Quality Control
    • Digital Image Conversion
    • Support and Maintenance
    • Others
  • Imaging Clinical Research Organization (CRO) Market, By Imaging Modality:
    • Computed Tomography (CT) Scan
    • Magnetic Resonance Imaging (MRI)
    • Positron Emission Tomography (PET)
    • Others
  • Imaging Clinical Research Organization (CRO) Market, By Clinical Trial Phase:
    • Phase 1
    • Phase 2
    • Phase 3
  • Imaging Clinical Research Organization (CRO) Market, By application:
    • Oncology
    • Neurology
    • Cardiovascular
    • Ophthalmology
    • Others
  • Imaging Clinical Research Organization (CRO) Market, By End User:
    • Pharmaceutical & Biotechnology Companies
    • Medical Device Manufacturers
    • Academic & Research Institutions
    • Others
  • Imaging Clinical Research Organization (CRO) Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Turkey
      • Egypt
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Imaging Clinical Research Organization (CRO) Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. IMPACT OF COVID-19 ON GLOBAL IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET

5. VOICE OF CUSTOMER

6. GLOBAL IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Services Offered (Imaging Acquisition and Protocol Development, Application Design, Image Collection and Quality Control, Digital Image Conversion, Support and Maintenance, Others)
  6.2.2. By Imaging Modality (Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET), Others)
  6.2.3. By Clinical Trial Phase (Phase 1, Phase 2, Phase 3)
  6.2.4. By Application (Oncology, Neurology, Cardiovascular, Ophthalmology, Others)
  6.2.5. By End User (Pharmaceutical & Biotechnology Companies, Medical Device Manufacturers, Academic & Research Institutions, Others)
  6.2.6. By Region
  6.2.7. By Company (2021)
6.3. Market Map

7. NORTH AMERICA IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Services Offered
  7.2.2. By Imaging Modality
  7.2.3. By Clinical Trial Phase
  7.2.4. By Application
  7.2.5. By End User
  7.2.6. By Country
7.3. North America: Country Analysis
  7.3.1. United States Imaging Clinical Research Organization (CRO) Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Services Offered
      7.3.1.2.2. By Imaging Modality
      7.3.1.2.3. By Clinical Trial Phase
      7.3.1.2.4. By Application
      7.3.1.2.5. By End User
  7.3.2. Canada Imaging Clinical Research Organization (CRO) Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Services Offered
      7.3.2.2.2. By Imaging Modality
      7.3.2.2.3. By Clinical Trial Phase
      7.3.2.2.4. By Application
      7.3.2.2.5. By End User
  7.3.3. Mexico Imaging Clinical Research Organization (CRO) Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Services Offered
      7.3.3.2.2. By Imaging Modality
      7.3.3.2.3. By Clinical Trial Phase
      7.3.3.2.4. By Application
      7.3.3.2.5. By End User

8. EUROPE IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Services Offered
  8.2.2. By Imaging Modality
  8.2.3. By Clinical Trial Phase
  8.2.4. By Application
  8.2.5. By End User
  8.2.6. By Country
8.3. Europe: Country Analysis
  8.3.1. France Imaging Clinical Research Organization (CRO) Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Services Offered
      8.3.1.2.2. By Imaging Modality
      8.3.1.2.3. By Clinical Trial Phase
      8.3.1.2.4. By Application
      8.3.1.2.5. By End User
  8.3.2. Germany Imaging Clinical Research Organization (CRO) Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Services Offered
      8.3.2.2.2. By Imaging Modality
      8.3.2.2.3. By Clinical Trial Phase
      8.3.2.2.4. By Application
      8.3.2.2.5. By End User
  8.3.3. United Kingdom Imaging Clinical Research Organization (CRO) Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Services Offered
      8.3.3.2.2. By Imaging Modality
      8.3.3.2.3. By Clinical Trial Phase
      8.3.3.2.4. By Application
      8.3.3.2.5. By End User
  8.3.4. Italy Imaging Clinical Research Organization (CRO) Market Outlook
    8.3.4.1. Market Size & Forecast
      8.3.4.1.1. By Value
    8.3.4.2. Market Share & Forecast
      8.3.4.2.1. By Services Offered
      8.3.4.2.2. By Imaging Modality
      8.3.4.2.3. By Clinical Trial Phase
      8.3.4.2.4. By Application
      8.3.4.2.5. By End User
  8.3.5. Spain Imaging Clinical Research Organization (CRO) Market Outlook
    8.3.5.1. Market Size & Forecast
      8.3.5.1.1. By Value
    8.3.5.2. Market Share & Forecast
      8.3.5.2.1. By Services Offered
      8.3.5.2.2. By Imaging Modality
      8.3.5.2.3. By Clinical Trial Phase
      8.3.5.2.4. By Application
      8.3.5.2.5. By End User

9. ASIA-PACIFIC IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Services Offered
  9.2.2. By Imaging Modality
  9.2.3. By Clinical Trial Phase
  9.2.4. By Application
  9.2.5. By End User
  9.2.6. By Country
9.3. Asia-Pacific: Country Analysis
  9.3.1. China Imaging Clinical Research Organization (CRO) Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Services Offered
      9.3.1.2.2. By Imaging Modality
      9.3.1.2.3. By Clinical Trial Phase
      9.3.1.2.4. By Application
      9.3.1.2.5. By End User
  9.3.2. India Imaging Clinical Research Organization (CRO) Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Services Offered
      9.3.2.2.2. By Imaging Modality
      9.3.2.2.3. By Clinical Trial Phase
      9.3.2.2.4. By Application
      9.3.2.2.5. By End User
  9.3.3. Japan Imaging Clinical Research Organization (CRO) Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Services Offered
      9.3.3.2.2. By Imaging Modality
      9.3.3.2.3. By Clinical Trial Phase
      9.3.3.2.4. By Application
      9.3.3.2.5. By End User
  9.3.4. South Korea Imaging Clinical Research Organization (CRO) Market Outlook
    9.3.4.1. Market Size & Forecast
      9.3.4.1.1. By Value
    9.3.4.2. Market Share & Forecast
      9.3.4.2.1. By Services Offered
      9.3.4.2.2. By Imaging Modality
      9.3.4.2.3. By Clinical Trial Phase
      9.3.4.2.4. By Application
      9.3.4.2.5. By End User
  9.3.5. Australia Imaging Clinical Research Organization (CRO) Market Outlook
    9.3.5.1. Market Size & Forecast
      9.3.5.1.1. By Value
    9.3.5.2. Market Share & Forecast
      9.3.5.2.1. By Services Offered
      9.3.5.2.2. By Imaging Modality
      9.3.5.2.3. By Clinical Trial Phase
      9.3.5.2.4. By Application
      9.3.5.2.5. By End User

10. SOUTH AMERICA IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Services Offered
  10.2.2. By Imaging Modality
  10.2.3. By Clinical Trial Phase
  10.2.4. By Application
  10.2.5. By End User
  10.2.6. By Country
10.3. South America: Country Analysis
  10.3.1. Brazil Imaging Clinical Research Organization (CRO) Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Services Offered
      10.3.1.2.2. By Imaging Modality
      10.3.1.2.3. By Clinical Trial Phase
      10.3.1.2.4. By Application
      10.3.1.2.5. By End User
  10.3.2. Argentina Imaging Clinical Research Organization (CRO) Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Services Offered
      10.3.2.2.2. By Imaging Modality
      10.3.2.2.3. By Clinical Trial Phase
      10.3.2.2.4. By Application
      10.3.2.2.5. By End User
  10.3.3. Colombia Imaging Clinical Research Organization (CRO) Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Services Offered
      10.3.3.2.2. By Imaging Modality
      10.3.3.2.3. By Clinical Trial Phase
      10.3.3.2.4. By Application
      10.3.3.2.5. By End User

11. MIDDLE EAST AND AFRICA IMAGING CLINICAL RESEARCH ORGANIZATION (CRO) MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value
11.2. Market Share & Forecast
  11.2.1. By Services Offered
  11.2.2. By Imaging Modality
  11.2.3. By Clinical Trial Phase
  11.2.4. By Application
  11.2.5. By End User
  11.2.6. By Country
11.3. MEA: Country Analysis
  11.3.1. South Africa Imaging Clinical Research Organization (CRO) Market Outlook
    11.3.1.1. Market Size & Forecast
      11.3.1.1.1. By Value
    11.3.1.2. Market Share & Forecast
      11.3.1.2.1. By Services Offered
      11.3.1.2.2. By Imaging Modality
      11.3.1.2.3. By Clinical Trial Phase
      11.3.1.2.4. By Application
      11.3.1.2.5. By End User
  11.3.2. Saudi Arabia Imaging Clinical Research Organization (CRO) Market Outlook
    11.3.2.1. Market Size & Forecast
      11.3.2.1.1. By Value
    11.3.2.2. Market Share & Forecast
      11.3.2.2.1. By Services Offered
      11.3.2.2.2. By Imaging Modality
      11.3.2.2.3. By Clinical Trial Phase
      11.3.2.2.4. By Application
      11.3.2.2.5. By End User
  11.3.3. UAE Imaging Clinical Research Organization (CRO) Market Outlook
    11.3.3.1. Market Size & Forecast
      11.3.3.1.1. By Value
    11.3.3.2. Market Share & Forecast
      11.3.3.2.1. By Services Offered
      11.3.3.2.2. By Imaging Modality
      11.3.3.2.3. By Clinical Trial Phase
      11.3.3.2.4. By Application
      11.3.3.2.5. By End User
  11.3.4. Turkey Imaging Clinical Research Organization (CRO) Market Outlook
    11.3.4.1. Market Size & Forecast
      11.3.4.1.1. By Value
    11.3.4.2. Market Share & Forecast
      11.3.4.2.1. By Services Offered
      11.3.4.2.2. By Imaging Modality
      11.3.4.2.3. By Clinical Trial Phase
      11.3.4.2.4. By Application
      11.3.4.2.5. By End User
  11.3.5. Egypt Imaging Clinical Research Organization (CRO) Market Outlook
    11.3.5.1. Market Size & Forecast
      11.3.5.1.1. By Value
    11.3.5.2. Market Share & Forecast
      11.3.5.2.1. By Services Offered
      11.3.5.2.2. By Imaging Modality
      11.3.5.2.3. By Clinical Trial Phase
      11.3.5.2.4. By Application
      11.3.5.2.5. By End User

12. MARKET DYNAMICS

12.1. Drivers
12.2. Challenges

13. MARKET TRENDS & DEVELOPMENTS

14. COMPETITIVE LANDSCAPE

14.1. Laboratory Corporation of America Holdings
14.2. IXICO PLC
14.3. ICON plc
14.4. The Micron Group
14.5. Medpace Holdings, Inc.
14.6. Radiant Sage LLC
14.7. Biomedical Systems Corporation
14.8. Worldcare Clinical, LLC
14.9. Imaging Endpoints LLC
14.10. Parexel International Corporation

15. STRATEGIC RECOMMENDATIONS


More Publications