Press release
Neurology Contract Research Organization Market to Rise at CAGR of 6.8% to Reach US$ 11,405.8 Million by 2034: Fact.MR Study
The global neurology contract research organization (CRO) market is expected to reach US$ 5,923.9 million in 2024 and grow at a CAGR of 6.8% from 2024 to 2034, exceeding US$ 11,405.8 million by 2034.This expansion is fueled by the increasing prevalence of neurological disorders like Alzheimer's, Parkinson's disease, and multiple sclerosis. The aging population is driving higher demand for effective treatments, which in turn is boosting clinical trials and research efforts.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9648
Which Factor is Impeding the Growth of Neurology Contract Research Organization Demand?
"Shortage of Skilled Professionals Expected to Restrain Market Growth During Forecast Period"
The neurology contract research organization market is likely to face hurdles due to a shortage of highly skilled professionals. This talent gap may delay clinical trial timelines and increase research costs, thereby impeding market expansion.
Given the specialized nature of the neurology CRO sector, expertise in neurology, clinical research, and data analysis is critical. A lack of qualified personnel could slow down innovation and research progress within the field.
Country-wise Insights
North America is projected to hold 43.9% of the global market share in 2024 and is expected to grow at a moderate CAGR of 5.4% between 2024 and 2034, accounting for 38.7% of the market by 2034.
East Asia is anticipated to capture a 20.0% share in 2024, with its market growing at a steady CAGR of 7.0% over the forecast period, maintaining a 20.4% share by 2034.
Category-wise Insights
Based on service type, the clinical services segment is projected to hold 30.6% of the market share in 2024.
Why Do Clinical Services Lead the Neurology CRO Market?
The clinical services segment, accounting for 30.6% of the market in 2024, is expected to grow at a CAGR of 8.8% through 2034, driven by rising demand for advanced solutions like next-generation centrifuges.
This segment covers a wide range of activities related to clinical trials, including study design, site selection, patient recruitment, trial management, data handling, and statistical analysis. As the number of neurology clinical trials increases globally, the demand for these specialized clinical services from CROs continues to expand.
Competitive Landscape
Key players in the neurology contract research organization market are focused on expanding their geographic reach, enhancing their service portfolios, and boosting operational efficiency to strengthen their competitive positions.
These companies heavily invest in research and development to create innovative solutions and technologies that address the rising demand for neurology clinical trials. Additionally, they form strategic partnerships to broaden their offerings and serve a wider customer base.
Notable companies in this market include Charles River Laboratories, IQVIA Inc., Syneos Health, Parexel International Corporation, ICON Plc., Medpace, and Laboratory Corporation of America Holdings.
In 2021, Syneos Health, a leading provider of technology-enabled clinical trial recruitment and retention services, acquired StudyKIK to deliver more innovative, insight-driven solutions.
Browse Full Report: https://www.factmr.com/report/neurology-contract-research-organization-market
Segmentation of Next-Generation Centrifuge Market Research
By Service Type:
Clinical Services
Data Management Services
Drug safety
Medical and Scientific Writing
Regulatory Affairs
Pharmacology & Toxicology
Quality and Compliance
By Study Type:
Neuroscience focused
Neurology focused
By Indication:
Alzheimer's Disease
Brain Tumors
Epilepsy
Headaches
Schizophrenia
Depressive disorder
Multiple Sclerosis
Muscular Dystrophy
PARKINSON'S DISEASE
PMA
Stroke
Psychiatry
ASD
CALD
Sleep Apnea
By End User:
Pharmaceutical & Biopharmaceutical Companies
Biotechnology Companies
Medical Device Companies
Academic and Research Institutes
By Region:
North America
Europe
Latin America
East Asia
South Asia & Oceania
Middle East & Africa
Check out More Related Studies Published by Fact.MR:
Chromatography Accessories and Consumables Market
https://www.factmr.com/report/chromatography-accessories-and-consumables-market
Dermatoscopes Market
https://www.factmr.com/report/dermatoscopes-market
Histopathology Testing Equipment Market
https://www.factmr.com/report/2240/histopathology-testing-equipment-market
Patient Warming Devices Market
https://www.factmr.com/report/patient-warming-devices-market
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Neurology Contract Research Organization Market to Rise at CAGR of 6.8% to Reach US$ 11,405.8 Million by 2034: Fact.MR Study here
News-ID: 4046681 • Views: …
More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…

Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…

Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…

Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for Neurology
Neurology Software Market: A Comprehensive Overview
The global neurology software market was valued at approximately $1.8 billion in 2023 and is projected to reach around $4.3 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.3% from 2024 to 2032.
Neurology Software Market Overview
Neurology software encompasses digital tools designed to enhance the diagnosis, treatment, and management of neurological disorders. The market's growth is driven by the increasing prevalence of neurological conditions, rising demand…
Emerging Digital Health In Neurology Market Trend 2025-2034: Innovative Neural I …
How Is the Digital Health In Neurology Market Projected to Grow, and What Is Its Market Size?
The neurology segment of the digital health market has seen a rapid growth in recent times. It is expected to expand from $44.26 billion in 2024 to $55.07 billion in 2025, maintaining a compound annual growth rate (CAGR) of 24.4%. The upward trend during the historic period can be linked to enhanced healthcare accessibility…
Advanced Neurology Specialists Now Offering Neurology Treatment for Patients in …
Image: https://www.globalnewslines.com/uploads/2025/01/1736794938.jpg
Dr. Cory Lamar
New Naples neurology practice treats migraines, Parkinson's, dementia, MS, concussions, traumatic brain injury and seizure disorders
NAPLES, Fla. - Jan 13, 2025 - Advanced Neurology Specialists [https://www.advancedneurofl.com/] today announced the opening of its neurology practice in Naples, Florida area. The practice started seeing patients on December 9, 2024. Advanced Neurology Specialists is led by Dr. Cory Lamar, who is triple board-certified in neurology, clinical neurophysiology, and epilepsy. Located…
Neurovascular Devices/Interventional Neurology Market Poised for Growth Amid Adv …
The latest report "Neurovascular Devices/Interventional Neurology Market Share, Size, Growth, Opportunities, and Forecast 2024-2032" by Market Insights delivers a thorough analysis of the industry, encompassing market insights. It also covers competitor and regional analysis, along with recent advancements in the market. crucial factors boosting demand include a lesser focus on enhancing the seeker experience, managing large aspirant pools effectively, and using data analytics to optimize reclamation strategies. The report presents…
Pediatric Neurology Device Market Report 2024 - Pediatric Neurology Device Marke …
"The Business Research Company recently released a comprehensive report on the Global Pediatric Neurology Device Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, the pediatric neurology…
Pediatric Neurology Device Market Report 2024 - Pediatric Neurology Device Marke …
"The Business Research Company recently released a comprehensive report on the Global Pediatric Neurology Device Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The pediatric neurology…