Research and Markets: An Overview of the Japanese CRO Market - Research Report

Research and Markets (http://www.researchandmarkets.com/research/xp5mpx/the_overview_of) has announced the addition of the "The Overview of Japanese CRO Market" report to their offering.

This report presents an overview of the CRO (contract research organization) market in Japan. By reading this report, end-users will gain an overall picture of the Japanese CRO market, including the market size trend, major CRO players, and competitive difference between local and global CROs.

Japanese CRO market has been expanding for the past 10 years, and it reached a total size of ¥133 billion in 2012. When broken down by service, monitoring accounted for 54% of total and followed by data management and statistical analysis with 23%.

Japanese pharmaceutical firms traditionally used to have a strong tendency to do clinical trial works in-house. However, with large-scale new drug development becoming difficult in recent years, keeping many staff in clinical development area has become an operational risk. As a result, it has been now common to see that both foreign and domestic firms in Japan utilize CROs for their clinical development works.

While there are approximately 50 CROs in this market, the largest 4 companies, EPS, CMIC, Quintiles, and Parexel, are dominating the market, and the rest of firms have faced stagnation or decreasing number of projects. There are several factors behind this.

- In recent years, pharmaceutical firms have started to work with a CRO who has capability to offer full service with enough resources.

- Not only foreign pharmaceutical companies but also domestic companies now have selected specific CROs as preferred vendors.

- Furthermore, in recent years, companies have started to look for exclusive partnerships model with CROs, such as Pfizer and Parexel+Icon, Eisai and Quintiles, etc., to seek more benefit in economics and shorter time.

Key Topics Covered:

1. Summary

2. Definition of CRO market

3. Market size

4. Rational necessity for pharma to use CRO

5. Industry Association

6. Major CRO companies

7. Market trend

8. Future outlook

Companies Mentioned

- Cimic

- EPS

- Mediscience Planning

- Parexel

- Quintiles

For more information visit http://www.researchandmarkets.com/research/xp5mpx/the_overview_of

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Sector: Pharmaceuticals