The global healthcare contract research organization market size was valued at USD 42.3 billion in 2021 and is expected to reach USD 74.7 billion by 2030, registering a CAGR of 6.5% from 2022 to 2030. Factors including the uptrend in R&D investments, an increase in the preference for outsourcing services due to cost & time constraints, and the expiration of patents in the healthcare sector are primarily propelling the market growth.
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