Due to the looming patent expiry, healthcare spending cuts, and decline in productive outcome of research and development, pharmaceutical giants are seeking services from contract manufacturing organizations (CMOs) and contract research organizations (CROs) solutions.
Developed countries have currently emerged as major contributors to the global life sciences BPO market. The technological advancements witnessed in these countries have helped the pharmaceutical outsourcing to significantly evolve in the last few years.

Market Analysis and Insights: Global Life Sciences BPO Market
The global Life Sciences BPO market size is projected to reach US$ 243320 million by 2027, from US$ 149550 million in 2020, at a CAGR of 7.1% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Life Sciences BPO market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Life Sciences BPO market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Life Sciences BPO market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Life Sciences BPO market.

Global Life Sciences BPO Scope and Market Size
Life Sciences BPO market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Life Sciences BPO market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Contract Research Organizations
Contract Manufacturing Organizations
Contract Sales and Marketing Organizations

Segment by Application
Healthcare
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Accenture
Boehringer Ingelheim
Anthelio Healthcare Solutions
Cognizant Technology Solutions
Catalent
PAREXEL International
International Business Machines Corporation