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.
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.
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.
Key Topics Covered:
PART 1: CATEGORY AT A GLANCE
PART 2: SCOPE OF THE REPORT
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