Why Biopharma Companies Are Investing in CRO Partnerships
Contract Research Organization (CRO) Market Overview 2025–2033 The Contract Research Organization Market continues to transform the landscape of clinical development and biopharmaceutical innovation. Valued at USD 88.3 billion in 2025, the market is projected to reach USD 179.4 billion by 2033, growing at a CAGR of 9.7%. As the demand for cost-efficient, specialized, and faster drug development increases, pharmaceutical and biotech companies are increasingly outsourcing research activities to CROs. This trend is…