Oncology Contract Research Organization (CRO) Market Size and Share

Oncology Contract Research Organization (CRO) Market (2026 - 2031)
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Oncology Contract Research Organization (CRO) Market Analysis by Mordor Intelligence

The Oncology Contract Research Organization Market size is projected to expand from USD 23.08 billion in 2025 and USD 24.62 billion in 2026 to USD 35.13 billion by 2031, registering a CAGR of 7.36% between 2026 to 2031.

Sponsor reliance on external partners keeps rising because oncology trials now blend adaptive designs, decentralized procedures, and AI-driven patient matching, all of which demand infrastructure that most developers can no longer justify maintaining in-house. Integrated CRO-CDMO platforms gained momentum in 2025 after Pfizer CentreOne and Samsung Biologics broadened combined development-to-manufacturing offerings, enabling smoother handoffs from discovery to commercial launch. Regulatory shifts also favor outsourcing: the FDA’s 2024 guidance normalized decentralized oncology trials, and China’s NMPA streamlined approvals for innovative therapies, allowing simultaneous multinational studies with fewer administrative delays. Together, these trends shorten cycle times, widen geographic trial access, and reinforce the long-run expansion of the oncology contract research organization (CRO) market.

Key Report Takeaways

  • By clinical phase, Phase III trials led with 39.5% revenue share in 2025, while Phase I studies are forecast to expand at a 7.89% CAGR through 2031. 
  • By service type, clinical services accounted for 30% of 2025 revenue, whereas pre-clinical services are expected to grow at 7.5% CAGR between 2026 and 2031. 
  • By indication, solid tumors claimed 45% revenue share in 2025, while rare and pediatric cancers are projected to post a 7.5% CAGR to 2031. 
  • By end user, pharmaceutical and biopharmaceutical companies held 40.8% share in 2025, and their spending is set to grow at 7.4% CAGR over the same horizon. 
  • By geography, North America delivered 47.78% market share in 2025, whereas Asia-Pacific is on track for an 8.0% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Clinical Phase: Early-Phase Precision Trials Gain Momentum

Phase III programs captured 39.5% of 2025 revenue, reflecting many late-stage immunotherapy and antibody-drug conjugate studies that still rely on large, randomized survival endpoints. However, the oncology contract research organization (CRO) market size associated with Phase I work is set to rise fastest at a 7.89% CAGR to 2031 as precision assets demand molecularly defined dose-escalation cohorts. Seamless Phase I/II designs, endorsed by FDA and EMA guidance, let sponsors jump directly from safety to efficacy arms once a threshold is met. This evolution favors CROs with early-phase units skilled in adaptive enrollment and rapid biomarker turnaround. 

Growth in pre-clinical outsourcing also supports early-phase momentum. Sponsors leverage integrated discovery-to-IND packages that combine target validation, translational research, and GLP toxicology, cutting months off IND submission timelines. The near-shoring wave tightened U.S. vivarium supply yet spurred capital projects by Charles River and Labcorp that will unlock fresh capacity in 2026. Together, these developments anchor long-run expansion of the oncology contract research organization (CRO) market in first-in-human studies.

Oncology Contract Research Organization (CRO) Market: Market Share by Clinical Phase
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By Service Type: Integrated Platforms Capture Share

Clinical services delivered 30% of revenue in 2025, driven by site management, data monitoring, and patient recruitment across global networks. Still, pre-clinical and discovery activities are pacing ahead, each forecast at 7.5% CAGR through 2031, as drug makers value single-vendor support that validates targets, produces animal efficacy data, and handles IND-enabling safety assays. WuXi AppTec’s platform shepherded 45 oncology programs from discovery to Phase I in 2025, illustrating the pull toward integrated offerings. Central laboratory and biomarker work captured notable share of 2025 revenue and continues to expand as regulators insist on prospective biomarker-development plans for targeted drugs. Large sample-processing players processed tens of millions of oncology specimens last year and have built genomic sequencing and flow-cytometry suites to keep ahead of demand. Real-world evidence services also grow, powered by claims and EHR aggregation tools that feed payer submission packages. These complementary capabilities help full-service vendors cross-sell, boosting their oncology contract research organization (CRO) market share. 

By Indication: Rare Cancers Outpace Solid Tumors

Solid tumors remained the largest slice at 45% of 2025 revenue, anchored by high-incidence lung, breast, colorectal, and prostate cancers that attract multi-arm late-stage studies. Yet rare and pediatric cancers are projected to clock a 7.5% CAGR, outstripping the broader oncology contract research organization (CRO) market as orphan incentives and accelerated pathways shrink trial sizes and time to approval. Orphan designations climbed in 2024, and Project Orbis permitted concurrent reviews among multiple agencies, adding to momentum. Hematologic malignancies held significant share of revenue in 2025, buoyed by a robust CAR-T and bispecific antibody pipeline of more than 200 clinical candidates. CROs with cryogenic logistic support and cell-processing expertise command premium pricing in this niche. Meanwhile, sponsors exploring ultrarare oncogenic fusions partner with global academic networks and patient foundations, which depend on CROs to navigate complex biomarker screening and compassionate-use protocols. These dynamics collectively broaden indication diversification within the oncology contract research organization (CRO) market.

Oncology Contract Research Organization (CRO) Market: Market Share by Indication
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By End User: Pharma Dominance Persists

Pharmaceutical and biopharmaceutical companies contributed 40.8% of end-user spend in 2025 and should rise at 7.4% CAGR to 2031 as they trim internal development units and pivot to variable-cost outsourcing models. Large drug makers initiated more than 300 oncology trials in 2024, outsourcing roughly 70% of operational tasks, while small biotechs externalize even more due to limited headcount. Academic and research institutes held significant share of 2025 revenue through investigator-initiated and cooperative-group studies backed by the U.S. National Cancer Institute and similar bodies worldwide.

Foundations and government agencies fund trials in neglected indications, and their grants increasingly stipulate CRO participation to ensure on-time execution. Cross-sector collaborations emerge as pharma firms co-sponsor academic studies to access novel biomarkers, blending public and private capital in ways that sustain the oncology contract research organization (CRO) market.

Geography Analysis

North America commanded 47.78% of 2025 revenue, supported by dense investigator networks, proximity to the FDA, and reimbursement models that encourage domestic pivotal trials. The United States recorded more than 1,800 oncology trial starts in 2024, equal to around 40% of global activity. Canada and Mexico add incremental volume, offering ICH-aligned regulations and cost-efficient sites that keep studies within the region. Near-shoring of toxicology work under the BIOSECURE Act pushed even more early-phase dollars into U.S. and European hubs, straining capacity in mid-2025 but promising long-term upside for local vendors. 

Asia-Pacific is the fastest-growing geography, projected at an 8% CAGR through 2031. China’s NMPA approved 23 oncology agents in 2024 and continues to permit conditional marketing while post-approval studies run in parallel, accelerating timelines. India halved median clinical-trial review time to nine months in 2024, and its vast treatment-naïve patient pool makes it highly attractive for enrollment-intensive Phase III work. Japan and South Korea bring high-quality data sets and synchronized submissions with the FDA and EMA, while Australia’s fast-track early-phase schemes and R&D tax rebates pull first-in-human work southward. 

Europe held significant share of revenue in 2025, anchored by Germany, the United Kingdom, and France. The EU Clinical Trials Regulation, fully operational in 2025, simplified multi-country approvals, and the EMA PRIME scheme granted priority status to 14 oncology projects last year. Emerging regions round out the map: the Gulf Cooperation Council invests in oncology research hubs, South Africa provides diverse genetic pools, and Brazil and Argentina supply cost-efficient sites paired with experienced investigators. Although smaller today, these regions offer future enrollment relief as mature markets saturate.

Oncology Contract Research Organization (CRO) Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The oncology contract research organization (CRO) industry shows moderate concentration: IQVIA, Labcorp Drug Development, Parexel, ICON, and Charles River Laboratories together captured a significant share of oncology-specific revenue in 2025. These multinationals leverage global reach, multiphase service breadth, and heavy digital investment to win large strategic outsourcing partnerships. Mid-tier specialists such as Medpace, Syneos Health, and Novotech build share by fielding therapeutic-focused teams, promising faster start-up, and offering flexible project pricing. Niche players like Precision for Medicine, BioAgilytix, and Jubilant Biosys supply depth in biomarkers, immunogenicity assays, or medicinal chemistry, filling capability gaps for large sponsors. 

Convergence with CDMO services defines a new battleground. Pfizer CentreOne, Samsung Biologics, and Lonza have aligned manufacturing muscle with clinical operations to give clients a single path from toxicology to commercial supply, compressing timelines and forcing pure-play CROs to consider similar alliances. Technology is another differentiator. IQVIA integrates AI for site selection, risk-based monitoring, and predictive enrollment, while ICON’s TrialMatchAI automates eligibility checks. Parexel’s purchase of Triomics adds machine-learning dose-optimization to its toolbox. Smaller firms lacking scale partner with third-party software vendors to stay competitive, but that dependency may erode margins.

Regulatory compliance underpins the competitive field. Sponsors increasingly require ISO 9001 quality management, ISO 27001 data security, and proven inspection readiness. Vendors with robust systems gain preferred-provider status, while those that fail inspections risk exclusion from future bids. The combined market dynamics sustain healthy rivalry, yet no single player dominates enough to stifle innovation, keeping barriers to entry moderate and technological differentiation in constant flux within the oncology contract research organization (CRO) market.

Oncology Contract Research Organization (CRO) Industry Leaders

  1. IQVIA

  2. Labcorp Drug Development

  3. Parexel

  4. ICON

  5. Charles River Laboratories

  6. *Disclaimer: Major Players sorted in no particular order
Oncology Contract Research Organization (CRO) Market
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Recent Industry Developments

  • January 2026: IQVIA announced a USD 200 million expansion of its Asia-Pacific oncology network, adding 150 investigator sites and a Singapore regional hub to support multinational trials
  • January 2026: Worldwide Clinical Trials agreed to acquire Catalyst Clinical Research, broadening its oncology footprint and integrated service model.
  • January 2026: Avance Clinical purchased LumaBridge to strengthen global oncology capabilities.

Table of Contents for Oncology Contract Research Organization (CRO) Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Precision-Oncology Pipelines Boosting Outsourcing Demand
    • 4.2.2 Rising Use of Complex Adaptive Trial Designs
    • 4.2.3 Scale-Out of Decentralized / Hybrid Oncology Trials
    • 4.2.4 AI-Enabled Patient-Matching & Site-Selection Efficiencies
    • 4.2.5 Near-Shoring of Toxicology Capacity After Biosecurity Rules
    • 4.2.6 Convergence Of CRO-CDMO One-Stop Oncology Offerings
  • 4.3 Market Restraints
    • 4.3.1 Scarcity of Oncology-Savvy Investigators in Mature Regions
    • 4.3.2 Sponsor Concerns Over Cross-Border Data Security
    • 4.3.3 Escalating Vivarium-Compliance & Animal-Welfare Costs
    • 4.3.4 Heightened FDORA Inspection Frequency for Oncology Trials
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of Substitutes
    • 4.7.4 Threat of New Entrants
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Clinical Phase
    • 5.1.1 Pre-clinical
    • 5.1.2 Phase I
    • 5.1.3 Phase II
    • 5.1.4 Phase III
    • 5.1.5 Phase IV
  • 5.2 By Service Type
    • 5.2.1 Discovery & Translational Research Services
    • 5.2.2 Pre-clinical Services
    • 5.2.3 Clinical Services
    • 5.2.4 Central Laboratory & Biomarker Services
    • 5.2.5 Real-World Evidence & Late-Phase
    • 5.2.6 Others
  • 5.3 By Indication
    • 5.3.1 Solid Tumors
    • 5.3.2 Hematologic Malignancies
    • 5.3.3 Rare & Pediatric Cancers
  • 5.4 By End Users
    • 5.4.1 Pharmaceuticals and Biopharmaceutical companies
    • 5.4.2 Academic & Research Institutes
    • 5.4.3 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Altasciences
    • 6.3.2 BioAgilytix Labs
    • 6.3.3 Charles River Laboratories
    • 6.3.4 Eurofins Scientific
    • 6.3.5 Frontage Laboratories
    • 6.3.6 Genscript Biotech
    • 6.3.7 ICON plc
    • 6.3.8 IQVIA
    • 6.3.9 Jubilant Biosys
    • 6.3.10 KBI Biopharma
    • 6.3.11 Labcorp Drug Development
    • 6.3.12 Lonza Bioscience Solutions
    • 6.3.13 Medpace Holdings
    • 6.3.14 Parexel International
    • 6.3.15 PPD (Thermo Fisher Scientific)
    • 6.3.16 Rentschler Biopharma
    • 6.3.17 Samsung Biologics CRO Services
    • 6.3.18 SGS SA
    • 6.3.19 Syneos Health
    • 6.3.20 WuXi AppTec

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Oncology Contract Research Organization (CRO) Market Report Scope

As per the scope of the report, oncology contract research organization (CRO) is a specialized service provider that partners with pharmaceutical and biotechnology companies to manage the complex development of cancer therapies. These organizations provide end-to-end support across the drug development lifecycle, from preclinical research and early-phase dose-finding studies to large-scale Phase III trials and post-market safety monitoring.

The oncology contract research organization (CRO) market is segmented by clinical phase, service type, end-users, indication, and geography. By clinical phase, it is segmented into Pre-clinical, Phase I, Phase II, Phase III, and Phase IV. By service type, the market is segmented into discovery & translational research services, pre-clinical services, clinical services, central laboratory & biomarker services, real-world evidence & late-phase, and others. By indication, the market is divided into solid tumors, hematologic malignancies, rare & pediatric cancers. By end-users, the segmentation includes pharmaceuticals and biopharmaceutical companies, academic & research institutes, and others. Geographically, the market is segmented across North America, Europe, the Asia-Pacific region, the Middle East & Africa, and South America. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. For each segment, the market size and forecast are provided in terms of value (USD).

By Clinical Phase
Pre-clinical
Phase I
Phase II
Phase III
Phase IV
By Service Type
Discovery & Translational Research Services
Pre-clinical Services
Clinical Services
Central Laboratory & Biomarker Services
Real-World Evidence & Late-Phase
Others
By Indication
Solid Tumors
Hematologic Malignancies
Rare & Pediatric Cancers
By End Users
Pharmaceuticals and Biopharmaceutical companies
Academic & Research Institutes
Others
By Geography
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
India
Japan
South Korea
Australia
Rest of Asia-Pacific
Middle East and AfricaGCC
South Africa
Rest of Middle East and Africa
South AmericaBrazil
Argentina
Rest of South America
By Clinical PhasePre-clinical
Phase I
Phase II
Phase III
Phase IV
By Service TypeDiscovery & Translational Research Services
Pre-clinical Services
Clinical Services
Central Laboratory & Biomarker Services
Real-World Evidence & Late-Phase
Others
By IndicationSolid Tumors
Hematologic Malignancies
Rare & Pediatric Cancers
By End UsersPharmaceuticals and Biopharmaceutical companies
Academic & Research Institutes
Others
By GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
India
Japan
South Korea
Australia
Rest of Asia-Pacific
Middle East and AfricaGCC
South Africa
Rest of Middle East and Africa
South AmericaBrazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the projected value of the oncology contract research organization (CRO) market in 2031?

The market is forecast to reach USD 35.13 billion by 2031, expanding at a 7.36% CAGR.

Which clinical phase is expected to grow fastest through 2031?

Phase I studies should post the highest growth, advancing at a 7.89% CAGR as precision-oncology assets enter first-in-human testing.

Why is Asia-Pacific growing faster than other regions?

China and India offer expanding investigator networks, lower per-patient costs, and streamlined regulatory pathways, supporting an 8% CAGR for the region

How are integrated CRO-CDMO platforms changing sponsor outsourcing?

By combining discovery, clinical development, and manufacturing under one roof, integrated platforms cut handoff risk and compress timelines, particularly valuable for small biotechs.

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