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Imaging CRO Market Is Growing Rapidly At a CAGR of 7.1% During

The biotechnology and pharmaceutical companies are anticipated to have significant growth owing to the rising demand for developing novel drugs and therapies to cure chronic and severe diseases. As biotechnology and pharmaceutical companies continue to make ground-breaking drug discoveries, the demand for clinical trial imaging will rise, resulting in the growth of imaging CRO.

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Imaging CRO Market Is Growing Rapidly At a CAGR of 7.1% During

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  1. Global Imaging CRO Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Imaging CRO Market The global imaging CRO market is growing rapidly at a CAGR of 7.1% during the forecast period 2021-2027. The rising number of clinical trials, development in the pharmaceutical industry, mounting awareness towards process automation, increased demand for high precision in drug manufacturing, and growing dependence of biotechnology and pharmaceutical companies on the CROs to conduct imaging trials will propel the growth of the global imaging CRO market. In September 2021, the world's premier ophthalmology imaging core lab, Digital Angiography Reading Center (DARC), has been acquired by WorldCare Clinical (WCC), a worldwide imaging core lab situated in New York. Age-Related Macular Degeneration, Diabetic Retinopathy, Branch and Central Vein Occlusion, Choroidal Melanoma, Uveitis, PCV, and Retinitis Pigmentosa are just a few of the problems that DARC has studied.

  4. Global Imaging CRO Market During the first wave of the pandemic, most regions were under strict lockdown, and clinical trial operations that included imaging were deemed non-essential. With an increase in clinical studies, particularly for COVID-19, the market is predicted to normalize in the first half of 2021. During the pandemic, the number of clinical trials for COVID-19 treatment and vaccine development increased dramatically. In the coming years, the development of new vaccines and treatment regimens is projected to increase demand for imaging CRO. The biotechnology and pharmaceutical companies are anticipated to have significant growth owing to the rising demand for developing novel drugs and therapies to cure chronic and severe diseases.

  5. Global Imaging CRO Market The imaging CROs is anticipated to grow at a high CAGR in the North American region owing to support from the government regarding favorable regulations and programs that will accelerate the growth. Additionally, the other major factor, which is the presence of major players such as Parexel International, Imaging Endpoints, etc. offers accessibility of clinical trial imaging services, resulting in propelling the growth of the imaging CRO market in the region. Some of the major players in the global Imaging CRO market include Parexel International Corporation, WORLDCARE CLINICAL, ICON plc, IXICO plc, The Micron Group, WuXiAppTec, Medpace, Labcorp Drug Development, Imaging Endpoints, and Radiant Sage LLC.

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