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The global oncology based in-vivo CRO market size valued at USD 1.4 billion in 2024 and is projected to exhibit 8.8% CAGR from 2025 to 2034. The market is growing due to growing demand for immuno-oncology therapies, advancements in in-vivo models, and growing oncology drug approvals from small biotechnology and pharmaceutical companies.
Small biotechnology and pharmaceutical companies are increasingly driving oncology drug approvals, significantly boosting the growth of the oncology-based in-vivo CRO market. These firms are at the forefront of pioneering cancer research, exploring innovative treatments such as CAR-T cell therapy, monoclonal antibodies, and gene therapies. Their specialized focus enables them to address specific unmet needs in oncology. According to a study published by National Center for Biotechnology Information in February 2023, small pharmaceutical companies led the U.S. FDA oncology drug approvals during 2010 and 2020, securing over three times the number of FIC-approved drugs than their larger counterparts, boasting a 46% share against the latter's 14%.
Report Attribute | Details |
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Base Year: | 2024 |
Oncology Based In-vivo CRO Market Size in 2024: | USD 1.4 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 8.8% |
2025 – 2034 Value Projection: | USD 3.1 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 123 |
Segments covered: | Service, Model, End Use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Oncology based in-vivo CRO specializes in providing outsourced preclinical and early-stage research services for cancer drug development. These services primarily involve in-vivo studies to evaluate the efficacy, safety, pharmacokinetics, and toxicity of oncology drugs.