Global Pharmaceutical Drug Development Services - Procurement Market Intelligence Report

  • ID: 4433701
  • Report
  • Region: Global
  • 88 pages
  • SpendEdge
OFF
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FEATURED COMPANIES

  • ICON
  • INC Research
  • IQVIA
  • LabCorp
  • PAREXEL
  • MORE
About Pharmaceutical Drug Development Services Market

The demand for drug development services comes from pharmaceutical and biotechnology companies. This is mainly because these companies are increasingly outsourcing drug development services to CROs to reduce drug development cost. Additionally, lead identification, drug discovery, clinical trial monitoring, and regulatory compliance are the services that will drive the growth of the global pharmaceutical drug development services market.

Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Pharmaceutical Drug Development Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Pharmaceutical Drug Development Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
  • The rise in demand for such services comes from pharmaceutical companies
  • For a full, detailed list, view our report
Category constraints
  • Data integration and management issues
  • For a full, detailed list, view our report
Procurement best practices
  • Collaborate with local CROs for small projects
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ICON
  • INC Research
  • IQVIA
  • LabCorp
  • PAREXEL
  • MORE
PART 1: CATEGORY AT A GLANCE
  • TAKEAWAY 01 Market Overview
  • TAKEAWAY 02 Demand and Supply Snapshot
  • TAKEAWAY 03 Key Market Dynamics
  • TAKEAWAY 04 Supply Market Highlights
  • TAKEAWAY 05 Pricing Insights
  • TAKEAWAY 06 Procurement Insights
PART 2: SCOPE OF THE REPORT
  • Category Definition
  • Research Methodology
PART 3: MARKET INSIGHTS
  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
  • IQVIA
  • LabCorp
  • PAREXEL
  • ICON
  • INC Research
PART 8: APPENDIX
  • Glossary
  • Key Notes
  • About Us
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FEATURED COMPANIES

  • ICON
  • INC Research
  • IQVIA
  • LabCorp
  • PAREXEL
  • MORE
The Author Announces the Publication of its Procurement Research Report – Global Pharmaceutical Drug Development Services - Procurement Market Intelligence Report 2017-2021.

The author recognizes the following companies as the key suppliers in the Global Pharmaceutical Drug Development Services - Procurement Market Intelligence Report: IQVIA, LabCorp, PAREXEL, ICON, and INC Research.

Commenting on the report, an analyst said: “One of the procurement best practices for buyers in the global pharmaceutical drug development services market is to collaborate with local CROs if project size is small. There is a trend of long-term strategic partnerships in the industry, and as a result, global CROs allocate their best resources to these strategic alliances.”

According to the report, one of the key growth drivers for the global pharmaceutical drug development services market is the high demand for drug development services from pharmaceutical and biotechnology companies. This is mainly because these companies are increasingly outsourcing drug development services to CROs to reduce drug development costs amid increasing regulatory stringency and reimbursements.

Further, the report states that one of the key procurement challenges faced by buyers is the issues in data integration and management. Data integration is a pressing issue for buyers as CROs often use disparate sources and formats that might not be compatible with their systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Note: Product cover images may vary from those shown
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  • IQVIA
  • LabCorp
  • PAREXEL
  • ICON
  • INC Research
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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