Central Lab Benchmarking & Market Dynamics (1st Ed.)

Report Overview

Welcome to ISR’s Central Lab Market Dynamics and Outsourcing Performance (2019-2022) report. For the purpose of this report, “central lab” is defined as a vendor that supplies specimen collection kits, logistics services, safety alerts, and a wide variety of laboratory testing services as well as providing lab reports to investigators. As with previous editions, we evaluate a wide variety of central lab service providers on key performance measures. Analyses of market dynamics and industry trends are also critical parts of this report.
This report will help both study sponsors and providers answer a number of questions relevant to selecting and evaluating central lab service providers.

What you will learn:

Study Sponsors

• Understand the service areas expected to grow in demand and the geographic trends associated with central lab service provider use to ensure you are up-to-date with how your industry peers are outsourcing their central lab work
• Learn the criteria used by peers to select central lab providers to help strategically and scientifically evaluate central lab bids for your business
• Assess performance data provided in this report to select a provider that excels in areas important to you and/or determine how your current provider is performing relative to their competition

Central Lab Providers

• Determine the attributes and metrics critical to study sponsors in their selection of service providers to internally assess your lab’s capabilities in these areas
• Evaluate whether your lab is marketing its abilities in the areas deemed important by sponsors
• Gain knowledge of customers’ views of your performance and that of your competitors to be able to sufficiently tout your strengths and improve on perceived weaknesses

Major Topics:

• Market Dynamics and Outsourcing Environment
• Regional Trends
• Central Lab Service Provider Metrics and Selection
• Service Provider Performance and Loyalty
• Study Data