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India CRO Market Highlights and Forecast Report
A Contract Research Organization (CRO) in India is a specialized entity that provides a comprehensive range of research and development services to the pharmaceutical, biotechnology, and medical device industries. These services include clinical trials, preclinical research, regulatory consulting, data management, and other critical activities aimed at facilitating the development, testing, and commercialization of new drugs, medical devices, and therapies. The major factors that drive the growth of India CRO market include surge in R&D for the development of novel drugs and medical devices and rise in Government & organization initiatives across the country. Furthermore, the integration of advanced technologies, such as artificial intelligence, data analytics, and telemedicine, into clinical trials and research processes presents opportunities for the market in the future. However, the shortage of skilled and experienced professionals might hamper the market's growth in the forecast period. Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 7.50% (2023-2032) |
India CRO Market Highlights:
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