Research Methodology – Oncology Based Preclinical CRO Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Oncology Based Preclinical CRO Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Oncology Based Preclinical CRO Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Size of demographic relevant to oncology-based preclinical services.
- Number of oncology-related preclinical projects carried out by CROs.
- Amount of investment made in the outsourcing of oncology-related preclinical studies.
- Revenue growth of the key players in the market.
- Changing trends in drug discovery and development in oncology.
- Growth in outsourcing rates by pharmaceutical and biotech companies.
- Cro's geographical reach in terms of launching oncology-based preclinical services.
- Regulatory and policy changes impacting the market.
Key Market Indicators
- Year on year growth rate of the market.
- Compound Annual Growth Rate (CAGR) of the oncology-based preclinical CRO market.
- Market forecasting figures based on trends.
- Customer Acquisition Costs (CAC).
- Customer Lifetime Value (CLV).
- Market share of top companies in oncology-based preclinical CRO services.
- Growth rate of emerging players in the market.
- Number of partnerships, collaborations, mergers, and acquisitions in the market.
Growth Trends
- Increase in prevalence of cancer and subsequently increasing demand for effective therapeutics.
- Growth in biologics and personalized medicines targeting cancer treatment.
- Advances in genomics leading to targeted cancer treatments.
- Increased investment in R&D by pharmaceutical and biotech companies in the field of oncology.
- Emergence of AI and data analytics in preclinical studies.
- Growth of under-served oncology markets, including rare cancers.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Oncology Based Preclinical CRO Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Oncology Based Preclinical CRO Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights