Functional Service Providers Market Research Report — Global Forecast till 2032

Functional Service Providers Market Research Report Information by Type (Clinical Monitoring, Medical Writing, Data Management, Pharmacovigilance, Biostatistics, Programming, Study Design, and Others), by Stage (Clinical Development and Post Approval), by Application (Biopharma Companies, Biotech Companies, Medical Devices Companies, and Research Center and Academic Institutes), and by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2032

ID: MRFR/HC/9296-CR | 128 Pages | Author: Rahul Gotadki | January 2024         

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

2.5 ASSUMPTIONS & LIMITATIONS

3 RESEARCH METHODOLOGY

3.1 DATA MINING

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

3.4 BREAKDOWN OF PRIMARY RESPONDENTS

3.5 FORECASTING TECHNIQUES

3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION

3.6.1 BOTTOM-UP APPROACH

3.6.2 TOP-DOWN APPROACH

3.7 DATA TRIANGULATION

3.8 VALIDATION

4 MARKET DYNAMICS

4.1 OVERVIEW

4.2 DRIVERS

4.2.1 INCREASING R&D INVESTMENTS

4.2.2 RISING NUMBER OF CLINICAL TRIALS

4.2.3 LOWERED OPERATIONAL COSTS AND IMPROVED SERVICE QUALITY

4.2.4 RISE IN FSP OUTSOURCING IN DRUG DEVELOPMENT

4.3 RESTRAINTS

4.3.1 DEARTH OF SKILLED LABOR

4.4 OPPORTUNITIES

4.4.1 BIOPHARMA AND BIOTECH’S DIGITAL TRANSFORMATION

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS

5.1.1 CUSTOMER ACQUISITION (PREPURCHASE QUERY)

5.1.2 SERVICE CUSTOMIZATION

5.1.3 CUSTOMER PURCHASE SUPPORT

5.1.4 CUSTOMER FULFILMENT & POST-PURCHASE SUPPORT

5.2 PORTER'S FIVE FORCES MODEL

5.2.1 THREAT OF NEW ENTRANTS

5.2.2 BARGAINING POWER OF SUPPLIERS

5.2.3 THREAT OF SUBSTITUTES

5.2.4 BARGAINING POWER OF BUYERS

5.2.5 INTENSITY OF RIVALRY

5.3 IMPACT OF COVID-19 ON FUNCTIONAL SERVICE PROVIDERS MARKET

5.3.1 OVERVIEW

5.3.2 IMPACT ON DEMAND FOR FUNCTIONAL SERVICE PROVIDERS (FSP)

6 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET BY TYPE

6.1 OVERVIEW

6.2 CLINICAL MONITORING

6.3 MEDICAL WRITING

6.4 DATA MANAGEMENT

6.5 PHARMACOVIGILANCE

6.6 BIOSTATISTICS

6.7 PROGRAMMING

6.8 STUDY DESIGN

6.9 OTHERS

7 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE

7.1 OVERVIEW

7.2 CLINICAL DEVELOPMENT

7.3 POST APPROVAL

8 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION

8.1 OVERVIEW

8.2 BIOPHARMA COMPANIES

8.3 BIOTECH COMPANIES

8.4 MEDICAL DEVICES COMPANIES

8.5 RESEARCH CENTER AND ACADEMIC INSTITUTES

9 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY REGION

9.1 GLOBAL

9.2 NORTH AMERICA

9.2.1 US

9.2.2 CANADA

9.3 EUROPE

9.3.1 GERMANY

9.3.2 FRANCE

9.3.3 UK

9.3.4 ITALY

9.3.5 SPAIN

9.3.6 REST OF EUROPE

9.4 ASIA-PACIFIC

9.4.1 CHINA

9.4.2 JAPAN

9.4.3 INDIA

9.4.4 AUSTRALIA

9.4.5 SOUTH KOREA

9.4.6 REST OF ASIA-PACIFIC

9.5 REST OF THE WORLD

9.5.1 LATIN AMERICA

9.5.2 MIDDLE EAST

9.5.3 AFRICA

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW

10.2 COMPETITIVE BENCHMARKING

10.3 MAJOR GROWTH STRATEGY IN THE GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

10.4 THE LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

10.5 KEY DEVELOPMENT ANALYSIS

10.6 KEY DEVELOPMENTS & GROWTH STRATEGIES

10.6.1 PRODUCT LAUNCHES

10.6.2 PARTNERSHIPS

10.6.3 ACQUISITIONS

10.7 MAJOR PLAYERS FINANCIAL MATRIX

10.7.1 SALES (USD BILLION), 2022

10.7.2 RESEARCH & DEVELOPMENT EXPENDITURE (USD BILLION), 2022

11 COMPANY PROFILES

11.1 IQVIA INC.

11.1.1 COMPANY OVERVIEW

11.1.2 FINANCIAL OVERVIEW

11.1.3 SOLUTIONS/SERVICES OFFERED

11.1.4 KEY DEVELOPMENTS

11.1.5 SWOT ANALYSIS

11.1.6 KEY STRATEGIES

11.2 LABORATORY CORPORATION OF AMERICA HOLDINGS

11.2.1 COMPANY OVERVIEW

11.2.2 FINANCIAL OVERVIEW

11.2.3 PRODUCTS/SERVICES OFFERED

11.2.4 KEY DEVELOPMENTS

11.2.5 SWOT ANALYSIS

11.2.6 KEY STRATEGIES

11.3 ICON PLC

11.3.1 COMPANY OVERVIEW

11.3.2 FINANCIAL OVERVIEW

11.3.3 PRODUCTS/SERVICES OFFERED

11.3.4 KEY DEVELOPMENTS

11.3.5 SWOT ANALYSIS

11.3.6 KEY STRATEGIES

11.4 KPS LIFE, LLC

11.4.1 COMPANY OVERVIEW

11.4.2 FINANCIAL OVERVIEW

11.4.3 PRODUCTS/SERVICES OFFERED

11.4.4 KEY DEVELOPMENTS

11.4.5 KEY STRATEGIES

11.5 WUXI APPTEC CO., LTD.

11.5.1 COMPANY OVERVIEW

11.5.2 FINANCIAL OVERVIEW

11.5.3 SOLUTIONS/SERVICES OFFERED

11.5.4 KEY DEVELOPMENTS

11.5.5 SWOT ANALYSIS

11.5.6 KEY STRATEGIES

11.6 PPD INC.

11.6.1 COMPANY OVERVIEW

11.6.2 FINANCIAL OVERVIEW

11.6.3 SOLUTIONS/SERVICES OFFERED

11.6.4 KEY DEVELOPMENTS

11.6.5 KEY STRATEGIES

11.7 PAREXEL INTERNATIONAL CORPORATION

11.7.1 COMPANY OVERVIEW

11.7.2 FINANCIAL OVERVIEW

11.7.3 PRODUCTS/SERVICES OFFERED

11.7.4 KEY DEVELOPMENTS

11.7.5 KEY STRATEGIES

11.8 QUANTICATE INTERNATIONAL LIMITED

11.8.1 COMPANY OVERVIEW

11.8.2 FINANCIAL OVERVIEW

11.8.3 PRODUCTS/SERVICES OFFERED

11.8.4 KEY DEVELOPMENTS

11.8.5 KEY STRATEGIES

11.9 BIOPOINT INC.

11.9.1 COMPANY OVERVIEW

11.9.2 FINANCIAL OVERVIEW

11.9.3 PRODUCTS/SERVICES OFFERED

11.9.4 KEY DEVELOPMENTS

11.9.5 KEY STRATEGIES

11.10 RHO, INC.

11.10.1 COMPANY OVERVIEW

11.10.2 FINANCIAL OVERVIEW

11.10.3 PRODUCTS/SERVICES OFFERED

11.10.4 KEY DEVELOPMENTS

11.10.5 KEY STRATEGIES

12 APPENDIX

12.1 REFERENCES

12.2 RELATED REPORTS

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS

TABLE 2 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS

TABLE 3 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019-2032 (USD BILLION)

TABLE 4 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR CLINICAL MONITORING, BY REGION, 2019-2032 (USD BILLION)

TABLE 5 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR MEDICAL WRITING, BY REGION, 2019-2032 (USD BILLION)

TABLE 6 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR DATA MANAGEMENT, BY REGION, 2019-2032 (USD BILLION)

TABLE 7 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR PHARMACOVIGILANCE, BY REGION, 2019-2032 (USD BILLION)

TABLE 8 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR BIOSTATISTICS, BY REGION, 2019-2032 (USD BILLION)

TABLE 9 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR PROGRAMMING, BY REGION, 2019-2032 (USD BILLION)

TABLE 10 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR STUDY DESIGN, BY REGION, 2019-2032 (USD BILLION)

TABLE 11 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR OTHERS, BY REGION, 2019-2032 (USD BILLION)

TABLE 12 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019-2032 (USD BILLION)

TABLE 13 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR CLINICAL DEVELOPMENT, BY REGION, 2019-2032 (USD BILLION)

TABLE 14 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR POST APPROVAL, BY REGION, 2019-2032 (USD BILLION)

TABLE 15 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019-2032 (USD BILLION)

TABLE 16 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR BIOPHARMA COMPANIES, BY REGION, 2019-2032 (USD BILLION)

TABLE 17 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR BIOTECH COMPANIES, BY REGION, 2019-2032 (USD BILLION)

TABLE 18 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR MEDICAL DEVICES COMPANIES, BY REGION, 2019-2032 (USD BILLION)

TABLE 19 GLOBAL: FUNCTIONAL SERVICE PROVIDERS MARKET, FOR RESEARCH CENTER AND ACADEMIC INSTITUTES, BY REGION, 2019-2032 (USD BILLION)

TABLE 20 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY REGION, 2019–2032 (USD BILLION)

TABLE 21 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2019–2032 (USD BILLION)

TABLE 22 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 23 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 24 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 25 US: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 26 US: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 27 US: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 28 CANADA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 29 CANADA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 30 CANADA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 31 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2019–2032 (USD BILLION)

TABLE 32 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 33 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 34 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 35 GERMANY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 36 GERMANY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 37 GERMANY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 38 FRANCE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 39 FRANCE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 40 FRANCE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 41 UK: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 42 UK: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 43 UK: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 44 ITALY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 45 ITALY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 46 ITALY: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 47 SPAIN: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 48 SPAIN: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 49 SPAIN: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 50 REST OF EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 51 REST OF EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2019–2032 (USD BILLION)

TABLE 52 REST OF EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 53 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2019–2032 (USD BILLION)

TABLE 54 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 55 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 56 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 57 CHINA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 58 CHINA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 59 CHINA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 60 JAPAN: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 61 JAPAN: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 62 JAPAN: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 63 INDIA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 64 INDIA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 65 INDIA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 66 AUSTRALIA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 67 AUSTRALIA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 68 AUSTRALIA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 69 SOUTH KOREA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 70 SOUTH KOREA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 71 SOUTH KOREA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 72 REST OF ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 73 REST OF ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 74 REST OF ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 75 REST OT THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET, BY REGION, 2019–2032 (USD BILLION)

TABLE 76 REST OF THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 77 REST OF THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 78 REST OF THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 79 LATIN AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 80 LATIN AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 81 LATIN AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 82 MIDDLE EAST: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 83 MIDDLE EAST: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 84 MIDDLE EAST: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 85 AFRICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2019–2032 (USD BILLION)

TABLE 86 AFRICA: FUNCTIONAL SERVICE PROVIDERS MARKET BY STAGE, 2019–2032 (USD BILLION)

TABLE 87 AFRICA: FUNCTIONAL SERVICE PROVIDERS MARKET BY APPLICATION, 2019–2032 (USD BILLION)

TABLE 88 MAJOR PLAYERS IN THE GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

TABLE 89 MOST ACTIVE PLAYERS IN THE GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

TABLE 90 PRODUCT LAUNCHES

TABLE 91 PARTNERSHIPS

TABLE 92 ACQUISITIONS

TABLE 93 IQVIA INC.: SOLUTIONS/SERVICES OFFERED

TABLE 94 IQVIA INC.: KEY DEVELOPMENTS

TABLE 95 LABORATORY CORPORATION OF AMERICA HOLDINGS: PRODUCTS/SERVICES OFFERED

TABLE 96 LABORATORY CORPORATION OF AMERICA HOLDINGS: KEY DEVELOPMENTS

TABLE 97 ICON PLC: PRODUCTS/SERVICES OFFERED

TABLE 98 KPS LIFE, LLC: PRODUCTS/SERVICES OFFERED

TABLE 99 WUXI APPTEC CO., LTD.: SOLUTIONS/SERVICES OFFERED

TABLE 100 WUXI APPTEC CO., LTD.: KEY DEVELOPMENTS

TABLE 101 PPD INC.: SOLUTIONS/SERVICES OFFERED

TABLE 102 PAREXEL INTERNATIONAL CORPORATION: PRODUCTS/SERVICES OFFERED

TABLE 103 PAREXEL INTERNATIONAL CORPORATION: KEY DEVELOPMENTS

TABLE 104 QUANTICATE INTERNATIONAL LIMITED: PRODUCTS/SERVICES OFFERED

TABLE 105 QUANTICATE INTERNATIONAL LIMITED: KEY DEVELOPMENTS

TABLE 106 BIOPOINT INC.: PRODUCTS/SERVICES OFFERED

TABLE 107 RHO, INC.: PRODUCTS/SERVICES OFFERED

TABLE 108 RHO, INC.: KEY DEVELOPMENTS

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES

FIGURE 4 MARKET DYNAMICS: GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

FIGURE 5 DRIVERS: IMPACT ANALYSIS

FIGURE 6 RESTRAINTS: IMPACT ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS: FUNCTIONAL SERVICE PROVIDERS MARKET

FIGURE 8 PORTER'S FIVE FORCES ANALYSIS: FUNCTIONAL SERVICE PROVIDERS MARKET

FIGURE 9 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY TYPE, 2022 & 2032 (USD BILLION)

FIGURE 10 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY STAGE, 2022 & 2032 (USD BILLION)

FIGURE 11 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY APPLICATION, 2022 & 2032 (USD BILLION)

FIGURE 12 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET SHARE, BY REGION, 2022 (% SHARE)

FIGURE 13 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET, BY REGION, 2022 & 2032 (USD BILLION)

FIGURE 14 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET SHARE, BY COUNTRY, 2022 (% SHARE)

FIGURE 15 NORTH AMERICA: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2022 & 2032 (USD BILLION)

FIGURE 16 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET SHARE, BY COUNTRY, 2022 (% SHARE)

FIGURE 17 EUROPE: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2022 & 2032 (USD BILLION)

FIGURE 18 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET, BY COUNTRY, 2022 & 2032 (USD BILLION)

FIGURE 19 ASIA-PACIFIC: FUNCTIONAL SERVICE PROVIDERS MARKET SHARE (%), BY COUNTRY, 2022

FIGURE 20 REST OT THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET, BY REGION, 2022 & 2032 (USD BILLION)

FIGURE 21 REST OT THE WORLD: FUNCTIONAL SERVICE PROVIDERS MARKET SHARE (%), BY REGION, 2022

FIGURE 22 BENCHMARKING OF MAJOR COMPETITORS

FIGURE 23 MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN THE GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET

FIGURE 24 GLOBAL FUNCTIONAL SERVICE PROVIDERS MARKET: COMPETITIVE LANDSCAPE

FIGURE 25 SALES (USD BILLION), 2022

FIGURE 26 RESEARCH & DEVELOPMENT EXPENDITURE (USD BILLION), 2022

FIGURE 27 IQVIA INC.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 28 IQVIA INC.: SWOT ANALYSIS

FIGURE 29 LABORATORY CORPORATION OF AMERICA HOLDINGS: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 30 LABORATORY CORPORATION OF AMERICA HOLDINGS: SWOT ANALYSIS

FIGURE 31 ICON PLC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 32 ICON PLC: SWOT ANALYSIS

FIGURE 33 WUXI APPTEC CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 34 WUXI APPTEC CO., LTD.: SWOT ANALYSIS

FIGURE 35 PPD INC.: FINANCIAL OVERVIEW SNAPSHOT

Functional Service Providers Market Segmentation


Global Functional Service Providers Market Type Outlook (USD Billion, 2019-2032)



  • Clinical Monitoring

  • Medical Writing

  • Data Management

  • Pharmacovigilance

  • Biostatistics

  • Programming

  • Study Design

  • Others


Global Functional Service Providers Market Stage Outlook (USD Billion, 2019-2032)



  • Clinical Development

  • Post Approval


Global Functional Service Providers Market Application Outlook (USD Billion, 2019-2032)



  • Biopharma Companies

  • Biotech Companies

  • Medical Devices Companies

  • Research Center and Academic Institutes


Global Functional Service Providers Market Regional Outlook (USD Billion, 2019-2032)




  • North America Outlook (USD Billion, 2019-2032)


    • North America Functional Service Providers Market by Type

      • Clinical Monitoring

      • Medical Writing

      • Data Management

      • Pharmacovigilance

      • Biostatistics

      • Programming

      • Study Design

      • Others




    • North America Functional Service Providers Market by Stage

      • Clinical Development

      • Post Approval




    • North America Functional Service Providers Market by Application

      • Biopharma Companies

      • Biotech Companies

      • Medical Devices Companies

      • Research Center and Academic Institutes




    • US Outlook (USD Billion, 2019-2032)


    • US Functional Service Providers Market by Type

      • Clinical Monitoring

      • Medical Writing

      • Data Management

      • Pharmacovigilance

      • Biostatistics

      • Programming

      • Study Design

      • Others




    • US Functional Service Providers Market by Stage

      • Clinical Development

      • Post Approval




    • US Functional Service Providers Market by Application

      • Biopharma Companies

      • Biotech Companies

      • Medical Devices Companies

      • Research Center and Academic Institutes




    • Canada Outlook (USD Billion, 2019-2032)


    • Canada Functional Service Providers Market by Type

      • Clinical Monitoring

      • Medical Writing

      • Data Management

      • Pharmacovigilance

      • Biostatistics

      • Programming

      • Study Design

      • Others




    • Canada Functional Service Providers Market by Stage

      • Clinical Development

      • Post Approval




    • Canada Functional Service Providers Market by Application

      • Biopharma Companies

      • Biotech Companies

      • Medical Devices Companies

      • Research Center and Academic Institutes




    • Europe Outlook (USD Billion, 2019-2032)


      • Europe Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • Europe Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • Europe Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • Germany Outlook (USD Billion, 2019-2032)


      • Germany Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • Germany Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • Germany Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes



      • France Outlook (USD Billion, 2019-2032)


      • France Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • France Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • France Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • UK Outlook (USD Billion, 2019-2032)


      • UK Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • UK Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • UK Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • Italy Outlook (USD Billion, 2019-2032)


      • Italy Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • Italy Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • Italy Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • Spain Outlook (USD Billion, 2019-2032)


      • Spain Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • Spain Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • Spain Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • Rest of Europe Outlook (USD Billion, 2019-2032)


      • Rest of Europe Functional Service Providers Market by Type

        • Clinical Monitoring

        • Medical Writing

        • Data Management

        • Pharmacovigilance

        • Biostatistics

        • Programming

        • Study Design

        • Others




      • Rest of Europe Functional Service Providers Market by Stage

        • Clinical Development

        • Post Approval




      • Rest of Europe Functional Service Providers Market by Application

        • Biopharma Companies

        • Biotech Companies

        • Medical Devices Companies

        • Research Center and Academic Institutes




      • Asia-Pacific Outlook (USD Billion, 2019-2032)


        • Asia-Pacific Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • Asia-Pacific Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • Asia-Pacific Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • China Outlook (USD Billion, 2019-2032)


        • China Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • China Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • China Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • Japan Outlook (USD Billion, 2019-2032)


        • Japan Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • Japan Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • Japan Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • India Outlook (USD Billion, 2019-2032)


        • India Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • India Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • India Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • South Korea Outlook (USD Billion, 2019-2032)


        • South Korea Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • South Korea Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • South Korea Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • Australia Outlook (USD Billion, 2019-2032)


        • Australia Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • Australia Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • Australia Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • Rest of Asia-Pacific Outlook (USD Billion, 2019-2032)


        • Rest of Asia-Pacific Functional Service Providers Market by Type

          • Clinical Monitoring

          • Medical Writing

          • Data Management

          • Pharmacovigilance

          • Biostatistics

          • Programming

          • Study Design

          • Others




        • Rest of Asia-Pacific Functional Service Providers Market by Stage

          • Clinical Development

          • Post Approval




        • Rest of Asia-Pacific Functional Service Providers Market by Application

          • Biopharma Companies

          • Biotech Companies

          • Medical Devices Companies

          • Research Center and Academic Institutes




        • Rest of the World Outlook (USD Billion, 2019-2032)


          • Rest of the World Functional Service Providers Market by Type

            • Clinical Monitoring

            • Medical Writing

            • Data Management

            • Pharmacovigilance

            • Biostatistics

            • Programming

            • Study Design

            • Others




          • Rest of the World Functional Service Providers Market by Stage

            • Clinical Development

            • Post Approval




          • Rest of the World Functional Service Providers Market by Application

            • Biopharma Companies

            • Biotech Companies

            • Medical Devices Companies

            • Research Center and Academic Institutes




          • Middle East Outlook (USD Billion, 2019-2032)


          • Middle East Functional Service Providers Market by Type

            • Clinical Monitoring

            • Medical Writing

            • Data Management

            • Pharmacovigilance

            • Biostatistics

            • Programming

            • Study Design

            • Others




          • Middle East Functional Service Providers Market by Stage

            • Clinical Development

            • Post Approval




          • Middle East Functional Service Providers Market by Application

            • Biopharma Companies

            • Biotech Companies

            • Medical Devices Companies

            • Research Center and Academic Institutes




          • Africa Outlook (USD Billion, 2019-2032)


          • Africa Functional Service Providers Market by Type

            • Clinical Monitoring

            • Medical Writing

            • Data Management

            • Pharmacovigilance

            • Biostatistics

            • Programming

            • Study Design

            • Others




          • Africa Functional Service Providers Market by Stage

            • Clinical Development

            • Post Approval




          • Africa Functional Service Providers Market by Application

            • Biopharma Companies

            • Biotech Companies

            • Medical Devices Companies

            • Research Center and Academic Institutes




          • Latin America Outlook (USD Billion, 2019-2032)


          • Latin America Functional Service Providers Market by Type

            • Clinical Monitoring

            • Medical Writing

            • Data Management

            • Pharmacovigilance

            • Biostatistics

            • Programming

            • Study Design

            • Others




          • Latin America Functional Service Providers Market by Stage

            • Clinical Development

            • Post Approval




          • Latin America Functional Service Providers Market by Application

            • Biopharma Companies

            • Biotech Companies

            • Medical Devices Companies

            • Research Center and Academic Institutes











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Research Methodology on Functional Service Providers market


Abstract


Market Research Future (MRFR) has conducted comprehensive research on the Functional Service Providers (FSP) market. The published research report by MRFR studies the market in detail - considering its past performance, present market trends as well as potential growth opportunities in the foreseeable future. The market is judged on key factors such as technological advancements, product prices, distributions channel and customer requirements. The report also overviews the leading industry players operating in the market, assessing how the market is expected to grow during the forecast period from 2023 to 2032.


Research Methodology


The research report on the Functional Service Providers (FSP) Market is the culmination of a comprehensive market research process to gain insights into the said market segment. The research approach used here is exhaustive and qualitative in nature, where the primary research is augmented with both secondary and tertiary research sources.


The primary research activities include conversations and interviews with senior-level executives and industry experts who primarily include leading personnel in the domain, industry representatives, and key opinion leaders. Secondary research sources used include press releases, company annual reports, white papers and industry magazines. The report is further validated by industry experts across the value chain through primary research.


To arrive at our projections, the research process implemented a systematic approach, which includes the following activities:


Market size and forecast


Forecasting techniques were used to arrive at the market size of the Functional Service Providers (FSP) market. The bottom-up and top-down approach is used in the analysis. Inputs from key participants of the value chain were incorporated. Historical data from each segment are considered to forecast the market from 2023 to 2030.


Market segmentation 


The functional Service Providers (FSP) market is divided into two segments on the basis of type, end user and regional analysis. This division is done with the help of secondary as well as primary research.


Regional Analysis


Functional Service Provider (FSP) market is divided into four regions on the basis of geography - North America, Europe, Asia Pacific and the Rest of the World. Historical data from each segment is considered to forecast the market from 2023 to 2030.


Company Profiling


To get a comprehensive overview of the market, top industry players are profiled in the report. Company profiling includes the strength and weaknesses of the company, investment opportunities, technology advancements, and the competitive landscape in the Functional Service Providers (FSP) market.


Analysis and Forecasting of Market Size and Drivers


A deep-dive analysis of key market scenarios, trends, and drivers is undertaken to get an accurate assessment of the Functional Service Providers (FSP) market.  A demand-side analysis is conducted to identify the key market trends and their overall impact on the Functional Service Providers (FSP) market.


Market Validation


The research data is cross-validated through key industry participants.  MRFR's primary research data is supplemented and authenticated by secondary research.


Research Aim


The aim of this research study on the topic of the Functional Service Providers (FSP) market is to provide an in-depth analysis of the market structure, recent trends and competitive landscape, identify key growth strategies adopted by players, and identify new opportunities in the market.


Research questions


This research addresses the following research questions:



  • What is the current size of the Functional Service Providers (FSP) market and how will it evolve during the period from 2023 to 2030?

  • What is the competitive landscape for Functional Service Providers (FSP) like?

  • What are the key strategies adopted by leading players in the Functional Service Providers (FSP) market?

  • What are the growth opportunities in the Functional Service Providers (FSP) market?


Scope of the study


This research study is conducted to get insights into the Functional Service Providers (FSP) market. The scope of the study is limited to the type, end user and regional analysis. The report offers a comprehensive look at the market trends, industry drivers, restraints and opportunities.


Research Methodology


The said market analysis is based on an in-depth study of the Functional Service Providers (FSP) market. Research processes used in this study include primary research, secondary research and detailed analysis. Primary research methods include interviews with key industry participants and surveys with stakeholders in the market. Secondary research includes a detailed study of relevant industry reports, company reports and public domain information.


The research process includes a macro-economic standpoint of the end-user industry, market size and estimations, market segmentation, estimated trends and key players in the market.


Data Collection & Analysis


Data for this research study is obtained from multiple sources including primary and secondary sources. The primary sources include interviews with key industry personnel. Secondary sources include industry publications, magazines, journals and white papers.


The data is analyzed using various tools such as the Market Basket Analysis (MBA) method, Porter's Five Forces Model, Gap Analysis and Market Opportunity Analysis. The data is also analyzed using various models and tools such as the Boston Consulting Group (BCG) Model and Multi-factor Analysis.


Data Validation


Data collected from primary as well as secondary sources are validated using multiple data triangulation methods. The data is also subjected to cross-validation among different sources to check its accuracy. The information obtained from the primary interviews is further validated using secondary sources.

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