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Roots Analysis has done a detailed study on Virtual Clinical Trial Service Providers Market, 2020-2050, covering key aspects of the industry’s evolution and identifying potential future growth opportunities.
To order this 280+ page report, which features 180+ figures and 230+ tables, please visit this link
Key Market Insights
Currently, many companies claim to have advanced technology platforms, which enable them to decentralize the clinical research process, thereby, optimizing associated costs and the total time spent on conducting trials
The virtual clinical trials landscape is presently dominated by the presence of small-sized companies; majority of the players are headquartered in North America
Considering the cost and time-related benefits of using modern technology solutions in clinical research, several investors have opted to fund the initiatives of companies engaged in the development of such solutions
Case Study: Pharmaceutical players have already conducted a number of virtual clinical studies, mostly upon encountering constraints with the conventional approach and developing the means to overcome them
The annual number of virtual trials, across different therapeutic areas, is on the rise; leveraging telehealth platforms and remote monitoring systems, both small and established companies are using this format
The rising interest of stakeholders in decentralized clinical trials is evident in the growing partnership activity; companies inked deals based on a variety of collaboration models and applications, worldwide
Owing to the tremendous rise in cost and complexity of conventional clinical research, the market opportunity for virtual clinical trials is poised to grow at a CAGR of 14% till 2050
The projected opportunity within the virtual clinical trials market is expected to be well distributed within different phases of development and end users, across the globe
For more information, please visit https://www.rootsanalysis.com/reports/virtual-clinical-trial-servic...
Contact Details
Gaurav Chaudhary
+1 (415) 800 3415
[email protected]
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