The rising applications of CROs, including augmented reality (AR), virtual reality (VR) and mixed reality (MR) have fueled the demand for healthcare outsourcing. The adoption of ML and AI has become pronounced in the wake of increasing scrutiny to adhere to regulatory compliance of healthcare products. For instance, AI can propel transparency with accurate results and enhance the efficiency and...
Procurement outsourcing involves outsourcing of purchasing activities related to medical supplies, equipment, pharmaceutical products and services to specialized third-party vendors by healthcare facilities. This helps various healthcare organizations to focus on their core clinical functions. The global Procurement Outsourcing Market is estimated to be valued at US$ 5.94 Bn in 2023 and is...
The global Biologics Outsourcing Market is estimated to be valued at US$ 19.67 billion in 2023 and is expected to exhibit a CAGR of 12.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.A) Market Overview:The Biologics Outsourcing market refers to the outsourcing of various processes involved in the development, manufacturing, and...
The Rise of Pharmaceutical CSO The pharmaceutical industry has witnessed tremendous growth and transformation over the past few decades. Rising R&D costs, patent expirations of blockbuster drugs, increased regulatory scrutiny and demand for specialised sales capabilities have pushed pharmaceutical companies to look for new business models to stay competitive. One such model that has gained...