The Artificial Intelligence (AI) In Clinical Trials Global Market Report 2023, provides comprehensive information on the artificial intelligence (ai) in clinical trials market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Artificial Intelligence (AI) In Clinical Trials Market’s Growth:
The global artificial intelligence (AI) in clinical trials market is expected to grow from $1.19 billion in 2022 to $1.52 billion in 2023 at a compound annual growth rate (CAGR) of 28.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence (AI) in clinical trials market is expected to reach $3.89 billion in 2027 at a CAGR of 26.4%.
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Innovative product offerings are a key trend in artificial intelligence in the clinical trial market. Major companies in the artificial intelligence in clinical trials market have introduced innovative product offerings to sustain their position in the market. For instance, in January 2023, Elligo Health Research Inc., a US-based healthcare-enabling research organization, launched DataAI Connect, an innovative data and technology platform that enables rapid, data-driven clinical research. The platform effortlessly gathers, manages, evaluates, and shares real-world patient data, presenting a comprehensive strategy to overcome clinical trial obstacles instead of acting as an accessory technology. This adaptable and sustainable platform includes an all-in-one solution for retrieving and evaluating medical records. It adeptly transforms data into practical insights and individual patient progress information, leveraging cutting-edge technologies such as NLP, ML, and clinical acumen
The artificial intelligence (ai) in clinical trials market is segmented:
1) By Offering: Software, Services
2) By Process: Trial Design, Patient Selection, Site Selection, Patient Monitoring
3) By Application: Oncology, Neurological Disease And Condition, Cardiovascular Disease, Metabolic Disease, Infectious Disease, Immunology Disease, Other Applications
4) By End-User: Pharmaceutical And Biotechnology Company, Contract Research Organizations, Other End-Users
North America was the largest region in the artificial intelligence (ai) in clinical trials market in 2022.
The table of contents in TBRC’s artificial intelligence (ai) in clinical trials market report includes:
- Executive Summary
- Artificial Intelligence (AI) In Clinical Trials Market Characteristics
- Artificial Intelligence (AI) In Clinical Trials Market Trends And Strategies
- Artificial Intelligence (AI) In Clinical Trials Market – Macro Economic Scenario
- Global Artificial Intelligence (AI) In Clinical Trials Market Size and Growth
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- Global Artificial Intelligence (AI) In Clinical Trials Market Competitive Benchmarking
- Global Artificial Intelligence (AI) In Clinical Trials Market Competitive Dashboard
- Key Mergers And Acquisitions In The Artificial Intelligence (AI) In Clinical Trials Market
- Artificial Intelligence (AI) In Clinical Trials Market Future Outlook and Potential Analysis
- Appendix
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