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-0.000211942987336364 -0.000211942987336364 0.00105971493668212 0.0014306151645208 0.000847771949345759 0.001483600911355 -0.00529857468341016 0.00588141789858535
Stock impact report

Functional Service Providers (FSP) Market to Hit USD 30.70 Billion by 2032, with a CAGR of 8.56% | SNS Insider [Yahoo! Finance]

IQVIA Holdings, Inc. (IQV) 
Last iqvia holdings, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.iqvia.com
Company Research Source: Yahoo! Finance
Austin, United States, Nov. 18, 2024 (GLOBE NEWSWIRE) -- “According to SNS Insider, The Functional Service Providers (FSP) Market was valued at USD 14.68 billion in 2023 and is projected to reach USD 30.70 billion by 2032, growing at a robust CAGR of 8.56% from 2024 to 2032.” Market Overview: The market's expansion is fueled by the rising complexity of clinical trials, increased R&D investments, and the growing need for specialized services in data management, pharmacovigilance, and biostatistics. On the demand side, pharmaceutical and biotechnology companies are increasingly outsourcing functional services to optimize trial efficiency, reduce costs, and focus on core competencies. The surge in innovative therapies, including gene and cell therapies, is intensifying the need for advanced trial solutions. On the supply side, FSPs are leveraging cutting-edge technologies like AI, machine learning, and big data analytics to enhance trial design, execution, and compliance. The gr Show less Read more
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