
Virtual Clinical Trials Market Size, Share, and Analysis, By Study Type (Interventional, Observational, Expanded Access), By Phase (Phase I, Phase II, Phase III, Phase IV), By Indication (CNS, Autoimmune/Inflammation, Cardiovascular Disease, Metabolic/End
Description
Virtual Clinical Trials Market Size, Share, and Analysis, By Study Type (Interventional, Observational, Expanded Access), By Phase (Phase I, Phase II, Phase III, Phase IV), By Indication (CNS, Autoimmune/Inflammation, Cardiovascular Disease, Metabolic/Endocrinology, Infectious Disease, Oncology, Genitourinary, Ophthalmology, Others) and Regional Forecasts, 2022-2032
Virtual Clinical Trials Market Size, Share, and Analysis, By Study Type (Interventional, Observational, Expanded Access), By Phase (Phase I, Phase II, Phase III, Phase IV), By Indication (CNS, Autoimmune/Inflammation, Cardiovascular Disease, Metabolic/Endocrinology, Infectious Disease, Oncology, Genitourinary, Ophthalmology, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Virtual Clinical Trials Market size was USD 7.73 billion in 2021 and projected to grow from USD 8.7 billion in 2023 to USD 15.3 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period.
Virtual Clinical Trials are commonly referred as ‘the decentralized trials’. They are a comparatively fresh addition to the health research domain. They control digital technologies and tools to gather information from members distantly or remotely, in their working or natural living surroundings. The key advantages of virtual clinical trials comprise cost efficiencies, enhanced patient engagement, better data capture and authorized research groups.
MARKET HIGHLIGHTS
Virtual Clinical Trials Market is expected to reach USD 15.3 billion, growing at a CAGR of 6.4% during the forecast period owing to the growing penetration of the adoption of virtual clinical trials and rising number of different illnesses and chronic diseases worldwide. Moreover, the rising adoption of improved and modern technologies in clinical research activities is expected to propel the Virtual Clinical Trials Market.
Virtual Clinical Trials Market Segments:
- Study Type
- Interventional
- Observational
- Expanded Access
- Phase
- Phase I
- Phase II
- Phase III
- Phase IV
- Indication
- CNS
- Autoimmune/Inflammation
- Cardiovascular Disease
- Metabolic/Endocrinology
- Infectious Disease
- Oncology
- Genitourinary
- Ophthalmology
- Others
Growth Drivers
Mounting R&D Activities and Supportive Government Initiatives are Expected to Boost the Market Growth
Benefits and Convenience of Virtual Methods to the Patients are Expected to Boost the Market Growth
Restraint
Stringent Regulations and Data Privacy of Patients May Restrain the Market Growth
Key Players
- Accenture
- Oracle Corporation
- J&J Innovative Medicine
- IQVIA Holdings Inc.
- Labcorp Drug Development
- ICON Plc
- Dassault Systemes SE
- Parexel International Corporation
- Clario
- Medpace Holdings Inc.
- Medidata
- Signant Health
- Medable Inc.
- Clinical Ink
- Croprime
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
430 Pages
- 1. Executive Summary
- 1.1.Regional Market Share
- 1.2. Business Trends
- 1.3. Virtual Clinical Trials Market: COVID-19 Outbreak
- 1.4.Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2.Research Approach
- 2.3.Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1.Paid Sources
- 2.5.2. Public Sources
- 2.6.Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2.Virtual Clinical Trials Market: COVID-19 Impact
- 3.3.Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Virtual Clinical Trials Market – Industry Insights
- 4.1.Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2.Growth Drivers
- 7.3.Market Opportunities
- 7.4. Market Restraints
- 7.5.Market Trends
- 8. Market Analysis
- 8.1. Porters Five Forces
- 8.2. PEST Analysis
- 8.2.1. Political
- 8.2.2.Economic
- 8.2.3.Social
- 8.2.4.Technological
- 9. Virtual Clinical Trials Market
- 9.1. Overview
- 9.2.Historical Analysis (2016-2021)
- 9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 10. Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 10.1.Overview
- 10.2. Key Findings
- 10.3. Market Segmentation
- 10.3.1. By Study Type
- 10.3.1.1.Interventional
- 10.3.1.1.1.By Value (USD Million) 2022-2032 F
- 10.3.1.1.2. Market Share (%) 2022-2032 F
- 10.3.1.1.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.1.2. Observational
- 10.3.1.2.1. By Value (USD Million) 2022-2032 F
- 10.3.1.2.2.Market Share (%) 2022-2032 F
- 10.3.1.2.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.1.3. Expanded Access
- 10.3.1.3.1. By Value (USD Million) 2022-2032 F
- 10.3.1.3.2.Market Share (%) 2022-2032 F
- 10.3.1.3.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.By Application
- 10.3.2.1. Phase I
- 10.3.2.1.1. By Value (USD Million) 2022-2032 F
- 10.3.2.1.2.Market Share (%) 2022-2032 F
- 10.3.2.1.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.2.Phase II
- 10.3.2.2.1.By Value (USD Million) 2022-2032 F
- 10.3.2.2.2. Market Share (%) 2022-2032 F
- 10.3.2.2.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.3.Phase III
- 10.3.2.3.1.By Value (USD Million) 2022-2032 F
- 10.3.2.3.2. Market Share (%) 2022-2032 F
- 10.3.2.3.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.2.4.Phase IV
- 10.3.2.4.1. By Value (USD Million) 2022-2032 F
- 10.3.2.4.2.Market Share (%) 2022-2032 F
- 10.3.2.4.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.By Indication
- 10.3.3.1. CNS
- 10.3.3.1.1. By Value (USD Million) 2022-2032 F
- 10.3.3.1.2.Market Share (%) 2022-2032 F
- 10.3.3.1.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.2.Autoimmune/Inflammation
- 10.3.3.2.1.By Value (USD Million) 2022-2032 F
- 10.3.3.2.2. Market Share (%) 2022-2032 F
- 10.3.3.2.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.3.Cardiovascular Disease
- 10.3.3.3.1.By Value (USD Million) 2022-2032 F
- 10.3.3.3.2.Market Share (%) 2022-2032 F
- 10.3.3.3.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.4.Metabolic/Endocrinology
- 10.3.3.4.1. By Value (USD Million) 2022-2032 F
- 10.3.3.4.2.Market Share (%) 2022-2032 F
- 10.3.3.4.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.5.Infectious Disease
- 10.3.3.5.1. By Value (USD Million) 2022-2032 F
- 10.3.3.5.2.Market Share (%) 2022-2032 F
- 10.3.3.5.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.6.Oncology
- 10.3.3.6.1.By Value (USD Million) 2022-2032 F
- 10.3.3.6.2. Market Share (%) 2022-2032 F
- 10.3.3.6.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.7.Genitourinary
- 10.3.3.7.1.By Value (USD Million) 2022-2032 F
- 10.3.3.7.2. Market Share (%) 2022-2032 F
- 10.3.3.7.3. Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.8.Ophthalmology
- 10.3.3.8.1. By Value (USD Million) 2022-2032 F
- 10.3.3.8.2.Market Share (%) 2022-2032 F
- 10.3.3.8.3.Y-o-Y Growth (%) 2022-2032 F
- 10.3.3.9.Others
- 10.3.3.9.1.By Value (USD Million) 2022-2032 F
- 10.3.3.9.2. Market Share (%) 2022-2032 F
- 10.3.3.9.3. Y-o-Y Growth (%) 2022-2032 F
- 11.North America Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 11.1.Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1.By Study Type
- 11.3.2. By Phase
- 11.3.3. By Indication
- 11.4.Country
- 11.4.1. United States
- 11.4.2.Canada
- 12. Europe Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Study Type
- 12.3.2.By Phase
- 12.3.3.By Indication
- 12.4. Country
- 12.4.1.Germany
- 12.4.2. United Kingdom
- 12.4.3. France
- 12.4.4. Italy
- 12.4.5. Spain
- 12.4.6. Russia
- 12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 13. Asia Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Study Type
- 13.3.2.By Phase
- 13.3.3.By Indication
- 13.4. Country
- 13.4.1.India
- 13.4.2. China
- 13.4.3. South Korea
- 13.4.4. Japan
- 13.4.5. Rest of APAC
- 14. Middle East and Africa Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 14.1.Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Study Type
- 14.3.2.By Phase
- 14.3.3.By Indication
- 14.4. Country
- 14.4.1.Israel
- 14.4.2. GCC
- 14.4.3. North Africa
- 14.4.4. South Africa
- 14.4.5. Rest of Middle East and Africa
- 15. Latin America Virtual Clinical Trials Market Size & Forecast 2022 A -2032 F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Study Type
- 15.3.2.By Phase
- 15.3.3.By Indication
- 15.4. Country
- 15.4.1.Mexico
- 15.4.2. Brazil
- 15.4.3. Rest of Latin America
- 16. Competitive Landscape
- 16.1. Company market share, 2021
- 16.2. Key player overview
- 16.3. Key stakeholders
- 17. Company Profiles
- 17.1.Accenture
- 17.1.1.Company Overview
- 17.1.2. Financial Overview
- 17.1.3. Key Product; Analysis
- 17.1.4.Company Assessment
- 17.1.4.1.Product Portfolio
- 17.1.4.2. Key Clients
- 17.1.4.3. Market Share
- 17.1.4.4. Recent News & Development (Last 3 Yrs.)
- 17.1.4.5. Executive Team
- 17.2. Oracle Corporation
- 17.3. J&J Innovative Medicine
- 17.4. IQVIA Holdings Inc.
- 17.5. Labcorp Drug Development
- 17.6. ICON Plc
- 17.7. Dassault Systemes SE
- 17.8. Parexel International Corporation
- 17.9. Clario
- 17.10. Medpace Holdings Inc.
- 17.11.Medidata
- 17.12. Signant Health
- 17.13. Medable Inc.
- 17.14. Clinical Ink
- 17.15. Croprime
- 17.16. Other Prominent Players
- 18. Appendix
- 19. Consultant Recommendation
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