PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1788028
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1788028
Virtual Clinical Trials Market Introduction and Overview
According to SPER market research, 'Global Virtual Clinical Trials Market Growth, Size, Trends Analysis - By Study Design, By Indication, By Phase - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Virtual Clinical Trials Market is predicted to reach 16.52 billion by 2034 with a CAGR of 5.95%.
Virtual clinical trials, also known as decentralised clinical trials or remote clinical trials, are a new approach to clinical research in which some or all of the trial procedures are carried out remotely using digital technologies and decentralised methodologies. This implies that participants can take part in the trial from the comfort of their own homes or other convenient locations, providing data, interacting with healthcare providers, and participating in study-related activities using digital devices and platforms.
Restraints: The rigorous laws and regulations are projected to stifle expansion in the worldwide virtual clinical trials market. The challenges and complexity associated with virtual clinical trials are another factor preventing the sector from expanding. There are various hurdles to virtual clinical trials, including data protection, regulatory compliance, and standard operating procedures. The privacy of patient data is a key problem.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Study Design, By Indication, By Phase
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
ICON, plc, Parexel International Corporation, IQVIA, Covance, PRA Health Sciences, LEO Innovation Lab, Medidata, Oracle, CRF Health Clinical Ink Medable, Inc.
Global Virtual Clinical Trials Market Segmentation:
By Study Design: Based on the Study Design, Global Virtual Clinical Trials Market is segmented as; Interventional, Observational, Expanded Access.
By Indication: Based on the Indication, Global Virtual Clinical Trials Market is segmented as; CNS, Autoimmune/Inflammation, Cardiovascular Disease, Metabolic/Endocrinology, Infectious Disease, Oncology, Genitourinary, Ophthalmology, Others.
By Phase: Based on the Phase, Global Virtual Clinical Trials Market is segmented as; Phase I, Phase II, Phase III, Phase IV.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa